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: Was the Metaverse All Just a Dream?

Bitcoin has fallen for four straight days, but the (small-ish) scope of the price decline offers a reminder of how listless digital-asset markets have suddenly become. Sam Reynolds totes up the losses on metaverse-related tokens.

By Bradley Keoun, Sam ReynoldsAug 1, 2022

The bitcoin market is looking sleepy. (Metropolitan Museum of Art)

Markets

Market Wrap: Bitcoin Starts the Month in Negative Territory

BTC gives back a bit of last week’s gain on reduced volume.

By Glenn Williams Jr., Jimmy HeAug 1, 2022

BTC falls on the first day of August. (Sarah Kilian/Unsplash)

Markets

Ether supera por primera vez a bitcoin en el mercado de opciones

La relación put-call de ether ha caído a un mínimo anual, lo que indica un impulso alcista, dijo Luuk Strijers, de Deribit.

By Omkar GodboleAug 1, 2022

Ether superó a bitcoin por primera vez en el mercado de opciones. (Glassnode)

Markets

July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares

Digital-asset investment products saw inflows of $474 million last month, reversing June’s $481 million of outflows.

By Jimmy HeAug 1, 2022

Crypto funds saw their fifth consecutive week of inflows in the seven days ended July 29. (CoinShares)

Markets

First Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on Deribit

The latest price moves in crypto markets in context for Aug. 1, 2022.

By Lyllah LedesmaAug 1, 2022

BTC retreats 2% after reaching $24,593 this weekend. (Dan Meyers/Unsplash)

Markets

Ether Flips Bitcoin in Options Market for the First Time

Put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit's Luuk Strijers said.

By Omkar GodboleAug 1, 2022

Notional open interest in ether and bitcoin options traded on Deribit (Source: Deribit)

Markets

First Mover Asia: BTC Dips Below $23.5K; The Crypto Bear Market Will Test Thailand’s SEC

The country’s market regulator has said that stricter digital asset rules are coming to ensure that investors are protected.

By James Rubin, Sam ReynoldsJul 31, 2022

Markets

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week

Digital assets have been rallying despite the Fed’s rate hike and the decline in GDP.

By Glenn Williams Jr.Jul 29, 2022

Following last week’s 10% gain, BTC finished the current week up 5%. (CoinDesk and Highcharts.com)

Markets

First Mover Americas: Bitcoin Heads for Best Month Since October as PCE Inflation Surprises

The latest price moves in crypto markets in context for July 29, 2022.

By Omkar GodboleJul 29, 2022

July has brought rising relief to the crypto market. (Digital Vision/Getty Images)

Markets

First Mover Asia: Bitcoin’s Recent Gains Have Been Small. What Will Drive Its Price Higher?

The U.S. economy seems headed for recession, if it's not already there. But it's difficult to predict how BTC and other cryptos will perform in the weeks ahead.

By Sam Reynolds, James RubinJul 29, 2022