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: Taiwan's Surprising Interest Rate Hike; Altcoins Outdo Bitcoin

A survey of economists had expected the country, with its soaring economy, to leave the rate unchanged; avalanche and solana, among others were well into the green.

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

Markets

Market Wrap: Bitcoin Stabilizes as Altcoins Take the Lead

BTC was up 2% over the past 24 hours, while CAKE rallied 20% and ApeCoin dropped 80%.

By Damanick Dantes, Angelique ChenMar 17, 2022

Altcoins take the lead, but risks remain. (Shutterstock)

Markets

Bitcoin se mantiene por encima de $40.000 después de la subida de la Fed

Las conversaciones por un cese del fuego en Ucrania podrían revertir una tendencia bajista, dijo un analista.

By Shaurya MalwaMar 17, 2022

Goldman Sachs' U.S. Financial Conditions Index (Cheap Convexity, Bloomberg)

Finance

First Mover Americas: Bitcoin Stays Above $40,000 While Ether Bounces on Testnet Success

The latest moves in crypto markets in context for March 17, 2022.

By Shaurya Malwa, Parikshit MishraMar 17, 2022

Federal Reserve Chair Jerome Powell (Federal Reserve)

Markets

Bitcoin Holds Above $40K After Fed Hike, Avalanche’s AVAX Leads Gains Among Crypto Majors

Cease-fire talks could reverse a bearish trend, one analyst said.

By Shaurya MalwaMar 17, 2022

Markets

First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings

India's crypto community is hoping to convince lawmakers to scale back a crypto taxation bill; bitcoin soared above $41,000.

By Amitoj Singh, Damanick Dantes, James RubinMar 16, 2022

Parliament House in New Delhi, India (Unsplash)

Markets

Market Wrap: Cryptos Recover From Drop After Fed Rate Hike; Expect Higher Volatility

Altcoins outperformed BTC over the past 24 hours, suggesting a greater appetite for risk among crypto traders.

By Damanick Dantes, Angelique ChenMar 16, 2022

Tech

Ethereum Merge Takes Place on Kiln Testnet

Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network.

By Shaurya MalwaMar 16, 2022

Ethereum digital currency (Getty Images)

Markets

First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb

Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.

By Sam Reynolds, Damanick Dantes, James RubinMar 15, 2022

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Markets

Market Wrap: Bitcoin and Stocks Stabilize Ahead of Fed Announcement

BTC was up 2% over the past 24 hours, compared with a 5% gain in ETH and a 20% rally in GRT.

By Damanick Dantes, Angelique ChenMar 15, 2022