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

First Mover Americas: Bitcoin Turns South Toward $20K, Huobi Cuts Ties With the HUSD Stablecoin

The latest price moves in crypto markets in context for Oct. 28, 2022.

By Lyllah Ledesma, Omkar GodboleOct 28, 2022

Markets

Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model

The model will simplify DeFi integrations and supposedly allow users to earn above-average ether staking yields.

By Omkar GodboleOct 28, 2022

Frax Ether promises above-average ether staking yields. (ClaudiaWollesen/Pixabay)

Markets

First Mover Asia: Scams on Binance's BNB Chain Highlight Weaknesses in Quality Control; Bitcoin Sags

A Solidus Labs report showed that Binance’s BNB Chain leads in volume of scams.

By James Rubin, Sam Reynolds, Bradley KeounOct 27, 2022

(Creative Commons, modified by CoinDesk)

Markets

Market Wrap: Bitcoin Holding Steady Over $20K, Ether Is Flat, Dogecoin Soars

A surprisingly strong GDP report did little to ease investor concerns about inflation and the possibility of a steep recession.

By James Rubin, Glenn Williams Jr., Jocelyn YangOct 27, 2022

Markets

First Mover Americas: It's a DOGE Day as Elon Musk Close to Completing Twitter Deal

The latest price moves in crypto markets in context for Oct. 27, 2022.

By Lyllah Ledesma, Omkar GodboleOct 27, 2022

Tesla CEO Elon Musk (Christian Marquardt - Pool/Getty Images)

Markets

First Mover Asia: Crypto Traders Are Betting on World Cup-Themed Tokens. What’s Driving the Interest?

Some of the tokens have soared in recent days, although they are not licensed or have an affiliation with World Cup teams. An analyst says they “have little to no intrinsic value.” Bitcoin surges again.

By James Rubin, Shaurya MalwaOct 26, 2022

A number of traders and crypto enthusiasts are investing in World Cup-themed tokens. (David Ramos/Getty Images)

Markets

Market Wrap: Bitcoin Continues Its Upturn, Rests Comfortably Over $20.7K

BTC, ether and other major cryptos surge with stocks following upbeat earnings from a number of big brands.

By James Rubin, Glenn Williams Jr., Jocelyn YangOct 26, 2022

Markets

Bitcoin llegó a US$21K tras nuevos datos de viviendas en EE. UU. y un Banco de Canadá menos agresivo

La criptomoneda más importante del mundo por volumen de mercado subió más de 7% el miércoles y alcanzó su nivel más alto en más de un mes.

By Lyllah LedesmaOct 26, 2022

Videos

Crypto Markets Post Largest Short Liquidations Since July 2021

Crypto markets had over $700 million in liquidations on short trades, or bets against price rises, reaching levels not seen since July 2021. This comes as ether (ETH) leads token surge, up more than 10% in the past 24 hours. "The Hash" panel discusses the latest movements in crypto and what it suggests about the crypto markets.

Oct 26, 2022

Videos

Bitcoin Up 5% Over 24 Hours, Surging Past $20K

Bitcoin (BTC) is up 5% in the past 24 hours, trading at $20,500 with ether (ETH) surpassing $1,500 in the meantime. IG North America CEO JJ Kinahan joins “First Mover” to discuss the tokens’ recent rally and whether volatility has returned to the crypto markets. Plus, insights on how the Fed's upcoming decisions will impact the broader market.

Oct 26, 2022