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: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors

Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings.

By James Rubin, Sam ReynoldsJul 25, 2022

Markets

Market Wrap: Bitcoin Finishes the Week in Positive Territory Again

Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.

By Glenn Williams Jr., Jimmy HeJul 22, 2022

The largest cryptocurrency by market capitalization is up 14% over the past seven trading days. (CoinDesk and Highcharts.com)

Markets

Ether supera los $1.6K por la fusión mientras el mercado aguarda la decisión de la Fed

Se ha descartado la probabilidad de un pico de 100 puntos básicos en las tasas de interés por parte de la Fed, según el fondo de trading QCP.

By Shaurya MalwaJul 22, 2022

ETH outperformed BTC Monday morning, picking up momentum in advance of the network's upcoming "Merge." (Lance Grandahl/Unsplash)

Markets

First Mover Americas: Bitcoin Nears $24K as Citi Sees Crypto Contagion in Past (Don't Tell Zipmex)

The latest price moves in crypto markets in context for July 22, 2022.

By Lyllah LedesmaJul 22, 2022

Don't tell Zipmex that Citigroup said it is likely fears of crypto contagion have peaked in the interim. (Prettysleepy/Pixabay)

Markets

Ether Breaks $1.6K on Merge Hype, Crypto Funds Price in July Rate Hike

QCP Capital expects the Fed will raise rates by 75 basis points next week.

By Shaurya MalwaJul 22, 2022

Markets

First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.

By James Rubin, Sam ReynoldsJul 22, 2022

Tesla sold over $900 million in bitcoin during its second quarter. (Blomst/Pixabay)

Markets

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

By Jimmy He, Glenn Williams Jr.Jul 21, 2022

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)

Markets

First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales

The latest price moves in crypto markets in context for July 21, 2022.

By Bradley Keoun, Shaurya Malwa, Oliver KnightJul 21, 2022

The European Central Bank (ECB) raised borrowing costs for the first time in 11 years. (Ronald Wittek - Pool/Getty Images)

Markets

First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This?

Bitcoin is having its best week since March, but with the Federal Reserve still in inflation-fighting mode it seems like the only thing that can really get traders juiced up is the upcoming Ethereum Merge.

By Shaurya Malwa, Bradley KeounJul 21, 2022