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: Bitcoin 'Minnows' Are Punching Above Their Weight Class; BTC Holds Around $41,500, APE Surges on Rumors

Indecisiveness ruled markets Wednesday as bitcoin flipped between gains and losses on the day.

By Sam Reynolds, Damanick Dantes, Bradley KeounApr 20, 2022

Markets

Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K

Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days.

By Angelique ChenApr 20, 2022

A two-day rally of nearly $2,000 in the bitcoin (BTC) price appears to have quickly petered out. (CoinDesk)

Markets

First Mover Asia: Is Germany Really the Most Crypto-Friendly Jurisdiction? Maybe Not; Bitcoin Gains

BTC is continuing its recovery from a five-week low on Monday.

By Sam Reynolds, Damanick Dantes, Bradley KeounApr 19, 2022

Markets

Crypto Funds See Outflows as Bitcoin Gets More 'Interest-Rate Sensitive'

Some $97 million flowed out of digital asset funds in the week through April 15.

By Angelique ChenApr 19, 2022

Across the industry, crypto funds had $97 million in net outflows in the seven days through Apr. 15. (CoinShares)

Finance

Ethereum Foundation Holds $1.3B in Ether, $300M in Non-Crypto Investments

Ether held by the non-profit represents about 0.3% of the total ether supply as of March 31, 2022.

By Shaurya MalwaApr 19, 2022

Markets

First Mover Asia: Bitcoin Minnows Have Pushed the Whales to the Side; Bitcoin, Ether Steady

BTC briefly touched a five-week low around $38,547 early Monday, then bounced and ended the trading day higher.

By Sam Reynolds, Damanick Dantes, Bradley KeounApr 18, 2022

Silver Freshwater Minnows (*adrisbow* (Adriana Lopetrone)/Getty Images)

Markets

First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading

The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.

By Sam Reynolds, Damanick Dantes, James RubinApr 17, 2022

Markets

First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline

The company, which was burned during the last major crypto bear market, did not mention mining in its last earnings report; bitcoin and ether drop.

By Sam Reynolds, Damanick Dantes, James RubinApr 14, 2022

Semiconductor manufacturer TSMC did not mention crypto mining in its latest earnings. (Unsplash)

Markets

First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise

Both countries have increased regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading.

By James Rubin, Damanick DantesApr 13, 2022