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: The Renminbi Rises; Cryptos Suffer Another Lost Weekend

The value of RMB payments gained over 10% compared to December amid an inauspicious test of the digital yuan at the Winter Olympics. Bitcoin and major altcoins tumbled as tensions continued mounting on the Ukraine border.

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

Markets

First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions

Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.

By James Rubin, Damanick DantesFeb 17, 2022

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Markets

First Mover Asia: Cryptos Hold Their Ground but Investors Remain Wary of Russia Invasion Plans, Inflation

Bitcoin fell earlier in the day but had recovered by the afternoon.

By James Rubin, Damanick DantesFeb 16, 2022

Finance

Morgan Stanley Says Ethereum Less Decentralized, Ether More Volatile Compared to Bitcoin

Attempts to regulate DeFi and NFT markets could see less demand for transactions on the Ethereum network.

By Will CannyFeb 16, 2022

Markets

First Mover Asia: Bitcoin Soars Past $44K as Ukraine Tensions Lessen

Ether and other major altcoins rose sharply after Russia said it would be receptive to a diplomatic solution to the ongoing conflict.

By James Rubin, Damanick DantesFeb 15, 2022

Bitcoin rose in Tuesday trading. (Spencer Platt/Getty Images)

Markets

First Mover Asia: Bitcoin Finds Firm Footing Above $42K

Investors continue to monitor the escalating tensions on the Ukrainian border as well as this week's Producer Price Index report.

By James Rubin, Damanick DantesFeb 14, 2022

Vladimir Putin (Evgenii Sribnyi/Shutterstock)

Markets

Crypto Funds Saw Fourth Week of Inflows as Ether Funds Turned Around

Some $75 million went into digital-asset funds last week as ether funds saw their first inflows in 10 weeks.

By Angelique ChenFeb 14, 2022

US$75 million flew into digital-asset funds last week as ether funds saw first inflows in 10 weeks. (CoinShares)

Markets

First Mover Asia: Bitcoin Inches Upward in Sunday Trading

But the largest cryptocurrency by market cap was way way off last week's levels amid light weekend trading and escalating tensions about a possible war with Russia; ether and most other major cryptos dropped.

By James Rubin, Damanick DantesFeb 13, 2022