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 Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading

Chinese researchers say such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want.

By Sam Reynolds, James RubinOct 17, 2022

Markets

Market Wrap: Crypto Markets Take Quieter Ride Following Thursday’s Roller Coaster

Prices are relatively flat across the board following a tumultuous week of discouraging economic indicators.

By Glenn Williams Jr., Jocelyn YangOct 14, 2022

BTC remains above $19,000 during a day of quiet market activity. (Midjourney/CoinDesk)

Markets

Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains

BTC was holding at around $19,300, though traditional markets slid on Friday following the release of earnings reports from major banks.

By Jocelyn YangOct 14, 2022

Bitcoin's price chart shows the cryptocurrency remains steady on Friday. (CoinDesk)

Markets

First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%

The latest price moves in crypto markets in context for Oct. 14, 2022.

By Lyllah Ledesma, Omkar GodboleOct 14, 2022

Bitcoin rallied to $19,600 a day after U.S. inflation data was released. (Getty Images)

Markets

First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound

Michael Wu says bitcoin offers “a better form” of storing value than any previous type of asset and ether provides great value as a “tech infrastructure investment.”

By Shaurya Malwa, James RubinOct 14, 2022

Markets

Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down.

By Glenn Williams Jr., Jocelyn YangOct 13, 2022

BTC reverses course after an early decline. (Michele Tantussi/Getty Images)

Videos

Core Case for Crypto Is ‘Almost Bullet Proof’: Strategist Says

Bob Iaccino, Path Trading Partners co-founder and chief market strategist, joins "First Mover" to discuss his investment strategies for bitcoin (BTC) and ether (ETH), and why the core case for crypto is "almost bullet proof."

Oct 13, 2022