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

Crypto Markets Today: Sam Bankman-Fried Hearing Tops Another Troubling Day

But prices rose on U.S. inflation data that was more favorable than expected.

By Jocelyn YangDec 13, 2022

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Markets

First Mover Asia: QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024

During a panel discussion at Taipei Blockchain Week, Darius Sit noted continued institutional adoption of the crypto options and derivatives market, among industry high points; bitcoin rises; Bahamas announces the arrest of former FTX CEO Sam Bankman-Fried

By James Rubin, Sam ReynoldsDec 12, 2022

QCP Capital co-founder Darius Sit speaking at Korea Blockchain Week. (Shaurya Malwa/CoinDesk)

Markets

Crypto Markets Today: Binance a Target of Federal Probe

The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.

By Jocelyn YangDec 12, 2022

Markets

First Mover Asia: Uniswap ‘Fee Switch’ Proposal for Popular Ether Pools Stirs Up Community Debate

Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity; bitcoin holds steady over $17K as latest inflation data and FOMC meeting approach.

By Shaurya Malwa, James RubinDec 11, 2022

Markets

Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries

The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.

By Jocelyn YangDec 9, 2022

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Markets

First Mover Asia: Tokocrypto Token Holders Benefit From Reports of Binance Acquiring the Indonesian Exchange

A Tokocrypto spokesperson would not confirm the deal, which has been widely reported by regional media. Binance is a Tokocrypto investor; bitcoin jumps back above $17K.

By James Rubin, Glenn ArdiDec 9, 2022

Yakarta toma un interés activo para regular el sector de las criptomonedas. (Getty Images)

Markets

Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes

The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high.

By Jocelyn YangDec 8, 2022

Markets

Ether rompe la línea de tendencia de mínimos registrados en anteriores ciclos bajistas

El quiebre de la línea de tendencia ascendente que corresponde a mínimos de mercados bajistas anteriores se ve horrible, dijo un administrador de porfolios.

By Omkar GodboleDec 8, 2022

Se estima que el mercado bajista de ether se intensifique. (Fuente: Alexis/Pixabay)

Videos

Bitcoin Trading Flat Below $17K; Ether Breaks Trendline From Previous Bear Cycle Lows

Bitcoin (BTC) and ether (ETH) continue to struggle as investors recover from the collapse of crypto exchange FTX. IG North America CEO JJ Kinahan discusses recent price actions and announces the company's release of a self-custody blockchain wallet.

Dec 8, 2022