Ether

Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.

Markets

No Letup in Demand for Bitcoin, Ether Puts After Dovish Fed Minutes

Puts tied to BTC and ETH continued to draw demand as FTX contagion fears outweighed the dovish tone from the Fed.

By Omkar GodboleNov 24, 2022

Markets

First Mover Asia: Cryptos Fly Higher as US Turkey Day Holiday Approaches

The CEO of crypto lending and borrowing platform Hexn.io believes recent crypto debacles will leave the industry stronger by weeding out weaker companies and fostering stronger regulatory efforts.

By James Rubin, Shaurya MalwaNov 24, 2022

Markets

Market Wrap: Who Transferred 10K Bitcoin From Wallet Linked to the Failed BTC-e Exchange?

Bitcoin stayed above $16K after the Fed minutes were released and Genesis Global Capital confirmed hiring investment bank Moelis.

By Jocelyn YangNov 23, 2022

Markets

Bitcoin Clings to $16K Ahead of Fed Minutes

Bitcoin was steady, around $16,300, as traders anticipated the release of the Federal Reserve meeting minutes later Wednesday.

By Jocelyn YangNov 23, 2022

Bitcoin's price chart shows a price jump ahead of the release of the Federal Reserve meeting minutes on Wednesday. (CoinDesk)

Videos

Bitcoin Holds Firm Over $16K After Dipping to 2-Year Low This Week

Bitcoin (BTC) is regaining its footing above $16,000 after dipping to a two-year low earlier in the week. Fairlead Strategies founder and Managing Partner Katie Stockton discusses her outlook for BTC and whether it could outperform ether (ETH) in the near future.

Nov 23, 2022

Markets

First Mover Asia: Bitcoin Holds Firm Over $16K After Tracking Stocks Upward

ALSO: James Rubin writes that Changpeng Zhao and Elon Musk, among others, have spoken freely when discussing the fallout from crypto's rapidly expanding crises and the individuals behind them. But they haven't always been consistent.

By James RubinNov 23, 2022