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: Why Bitcoin Started the Week Slowly; Ether Rises

Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.

By Sam Reynolds, Damanick Dantes, James RubinMar 21, 2022

Markets

Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold

Some traders expect greater price swings after month-end volatility selling.

By Damanick Dantes, Angelique ChenMar 21, 2022

Markets

Crypto Funds Suffer Second Straight Week of Outflows

Investors continue to be daunted by the uncertain market and economic environment.

By Bradley KeounMar 21, 2022

Chart shows two straight weeks of outflows from crypto funds after netting inflows for seven straight weeks. (CoinShares)

Markets

Bitcoin Lower for Second Day as Price Slides Toward $40K

Crypto analysts are divided on lingering market impact of the Fed's rate hike.

By Angelique ChenMar 21, 2022

Bitcoin (BTC) was changing hands at $41,088 as of press time, down 0.35% over the past 24 hours. (CoinDesk)

Finance

First Mover Americas: CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out

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

By Omkar GodboleMar 21, 2022

Markets

Traders Bet on Ether Staking After Ethereum 2.0 Upgrade

Ether staking yields are likely to be in the range of 10% to 15% following the Ethereum 2.0 upgrade, one trader said.

By Omkar GodboleMar 21, 2022

Markets

First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week

The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000.

By Sam Reynolds, Damanick Dantes, James RubinMar 20, 2022

Markets

Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K

ETH was up as much as 5% over the past 24 hours, compared with a 2% rise in BTC.

By Damanick DantesMar 18, 2022

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