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: Malaysia May Be Asia's Next Crypto Hub; Major Cryptos Decline as Russia Onslaught Intensifies

The country, where CoinGecko was founded, retains the institutional use of English as well as a common-law court system; bitcoin declined for the third day.

By Sam Reynolds, Damanick Dantes, James RubinMar 7, 2022

Markets

Market Wrap: Bitcoin Dips; Trading Range Could Result in Sharp Price Swings

Analysts expect two or three months of price stabilization before a recovery. Others expect greater volatility.

By Damanick Dantes, Angelique ChenMar 7, 2022

Markets

Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months

A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.

By Angelique ChenMar 7, 2022

A net $127 million of inflows into digital-asset funds last week was the highest in almost three months. (CoinShares)

Opinion

It’s Complicated: The Relationship Between Crypto and NFTs

Is there any correlation between the NFT and crypto markets? Bybit’s lead tech writer looks at some of the theories.

By Nathan ThompsonMar 7, 2022

NFTs (Chris J. Ratcliffe/Bloomberg via Getty Images)

Markets

First Mover Asia: Singapore's Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall

The crypto world has focused more heavily on environmental issues than the social and governance aspects of different projects; major cryptos were in the red on Sunday as the Russian invasion intensified.

By Sam Reynolds, Damanick Dantes, James RubinMar 7, 2022

Singapore (Lauryn Ishak/Bloomberg via Getty Images)

Markets

Market Wrap: Cryptos Slide; Analysts Expect a Volatility Spike

Bitcoin's outperformance relative to altcoins suggests a lower appetite for risk among investors.

By Damanick DantesMar 4, 2022

Cryptos slid on Friday (Possessed Photography/Unsplash)

Markets

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

By Amitoj Singh, Damanick Dantes, James RubinMar 3, 2022

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade

BTC was down 4% over the past 24 hours as geopolitical risks intensified.

By Damanick Dantes, Angelique ChenMar 3, 2022

Markets

First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment; Bitcoin Loses Momentum

An increase in commodity prices could eat into Indian investors’ skyrocketing appetite for cryptocurrencies; bitcoin, ether are roughly flat for the day.

By Shaurya Malwa, Damanick Dantes, James RubinMar 2, 2022