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

Market Wrap: Crypto Assets Rise Following Soft Home Sales in July

Traditional traders have returned to pricing in a 50 basis point interest rate hike for the Federal Reserve’s September meeting thanks to the economic data.

By Helene Braun, Lyllah LedesmaAug 23, 2022

Markets

Market Wrap: Cripto Assets aumentam após vendas de soft home em julho

Os comerciantes tradicionais voltaram a precificar um aumento de 50 pontos base nas taxas de juro para a reunião de Setembro da Reserva Federal, graças aos dados económicos.

By Helene Braun, Lyllah LedesmaAug 23, 2022

Markets

Resumen del mercado: los Cripto aumentan tras las suaves ventas de viviendas en julio

Los operadores tradicionales han vuelto a fijar el precio de una subida de tipos de interés de 50 puntos básicos para la reunión de septiembre de la Reserva Federal gracias a los datos económicos.

By Helene Braun, Lyllah LedesmaAug 23, 2022

Markets

First Mover Americas: Crypto Market Cap Falls Below $1 Trillion as Momentum Fades

The latest price moves in crypto markets in context for Aug. 23, 2022.

By Lyllah Ledesma, Jimmy He, Omkar GodboleAug 23, 2022

Bitcoin’s 200-week moving average multiple is falling. (Peter Dazeley/Getty Images)

Markets

First Mover Asia: Crypto Sell-Off Due to Fed Hawkishness, Possible Jump Dump of ETH, Says QCP Capital; Cryptos Decline Slightly in Monday Trading

Crypto asset trading firm QCP Capital will be eyeing remarks later this week by U.S. central bank Chair Jerome Powell for their potential effect on digital asset markets.

By Shaurya Malwa, James RubinAug 22, 2022