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

Ether Becomes Deflationary for First Time Since the Merge: Coinbase

The number of tokens fell by 4,000 over the last week as more ether was burned verifying transactions than was created, the report said.

By Will CannyOct 13, 2022

Ether becomes deflationary for the first time since the Ethereum blockchain's software upgrade dubbed the "Merge." (SB7/Shutterstock)

Markets

First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging

Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.

By Sam Reynolds, James RubinOct 13, 2022

The lonely landscape of Decentraland. (decentraland.org)

Markets

Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

Thursday’s Consumer Price Index is widely expected to show inflation still above 8%.

By Glenn Williams Jr., Jocelyn YangOct 12, 2022

Markets

First Mover Americas: Bitcoin Due for Big Move, Solana's TVL Tanks After Mango Exploit

The latest price moves in crypto markets in context for Oct. 12, 2022.

By Lyllah Ledesma, Omkar GodboleOct 12, 2022

Markets

First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat

Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday.

By James RubinOct 12, 2022

Bitcoin's price has been in the doldrums. (Pixabay)

Markets

Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes

The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000.

By Glenn Williams Jr., Jocelyn YangOct 11, 2022

Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)

Markets

First Mover Americas: Once-Bouncing Bitcoin Now Just Rolls Like Ball

The latest price moves in crypto markets in context for Oct. 11, 2022.

By Lyllah Ledesma, Omkar GodboleOct 11, 2022

Markets

First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

By James Rubin, Sam ReynoldsOct 11, 2022

Logan Paul Tweet/Twitter Bumblebee NFT Purchase (Twitter.com/@LoganPaul)

Markets

Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000.

By Glenn Williams Jr., Jocelyn YangOct 10, 2022

Flat tire on a car (Sebastian Huxley/Unsplash)

Markets

Bitcoin y ether caen ligeramente mientras surgen dudas macroeconómicas en el mercado

Un analista cripto afirmó que la caída del mercado está probablemente influenciada por la disminución del riesgo antes de la publicación de los datos de inflación del jueves.

By Jocelyn YangOct 10, 2022