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.

Finance

Crypto Donations to Ukraine Jump to $20M

FTX founder Sam Bankman-Fried and Chain.com CEO Deepak Thapliyal have contributed.

By Sam ReynoldsFeb 28, 2022

Markets

First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine

The guilty plea of the founders of the crypto trading platform with main offices in Hong Kong and Singapore avoided a trial; bitcoin dropped below $37,500 on Sunday after Russian President Vladimir Putin placed his nuclear forces on alert.

By Sam Reynolds, Damanick Dantes, James RubinFeb 28, 2022

The national yellow and blue flag of Ukraine (Valentyn Semenov/Getty)

Markets

First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall

Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000.

By Amitoj Singh, Damanick Dantes, James RubinFeb 24, 2022

Markets

Las principales criptomonedas caen en medio de la crisis en Ucrania

Bitcoin, por su parte, fue considerado como un activo menos riesgoso por parte de inversores.

By Shaurya MalwaFeb 24, 2022

Bitcoin cayó 9% hasta los $34.500 en las primeras horas de Asia. (TradingView)

Markets

Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine

Global stocks are tumbling alongside cryptocurrencies, with Western European indexes down nearly 5% and U.S. futures pointing to about a 3% opening decline.

By Shaurya MalwaFeb 24, 2022

Markets

First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump

The eCNY and other CBDCs are digital versions of cash issued by a central bank, unlike bitcoin which has no single issuing authority; bitcoin surpassed $39,000 on Tuesday before dropping into the red.

By Sam Reynolds, Damanick DantesFeb 23, 2022

People's Bank of China (Emmanuel Wong/Getty Images)

Markets

First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher

Strict regulations on gaming in China and South Korea, among other countries, are likely to reduce the market for GameFi in the Asia-region; bitcoin, ether and most major altcoins rose slightly during U.S. trading hours.

By Sam Reynolds, Damanick Dantes, James RubinFeb 22, 2022

Markets

First Mover Asia: Taiwan, Singapore Are Not Stablecoin Fans; Major Cryptos Decline as Russia Invasion Looms

Taiwan and Singapore are wary of ceding control of their currencies; bitcoin, ether and most other major cryptocurrencies fell as Russian President Vladimir Putin made a defiant case for invading Ukraine.

By Sam Reynolds, James RubinFeb 22, 2022