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: Bitcoin Rides $46K-$48K Weekend Tide After ‘Crypto Witching Day’

The oldest cryptocurrency experienced a small price recovery on Saturday, before it fell into the red again on Sunday. Roughly $8.67 billion worth of bitcoin and ether options contracts expired on Friday.

By Muyao ShenJan 3, 2022

Markets

Here Are the Top 10 Cryptocurrencies of 2021

Tokens linked to the metaverse, “Ethereum killers” and meme coins dominated gains this year.

By Tracy WangDec 31, 2021

Markets

Cryptocurrencies Approach New Year in Positive Mood

Bitcoin advanced to its highest price in three days, though all of the biggest cryptocurrencies are negative for the week.

By Sheldon RebackDec 31, 2021

Markets

First Mover Asia: Bitcoin Sees Out the Year Near $47K Amid Low Volume Spot Trading

Technical analysis supports a “buy” signal after bitcoin logged three straight days of losses this week.

By Muyao ShenDec 30, 2021

Videos

2021: A Remarkable Year in Bitcoin and Crypto Markets

Bitcoin hitting new all-time highs on the approval of the first bitcoin futures ETF in the U.S., institutional investors diversifying their investments into ether, alternative layer 1’s reaching new market caps, and, of course, dog-themed tokens making millionaires. 2021 was a busy year for the entire crypto market.

Dec 30, 2021

Markets

First Mover Asia: Bitcoin Trades Near $47K on Low Volume During Year-End Holidays

The center of the market is still at the expiry of the options contract on Dec. 31.

By Muyao ShenDec 29, 2021

(Photo by Robert Alexander/Getty Images)

Markets

First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry

A total of 129,800 option contracts worth more than $6 billion are set to expire on Friday; ether’s price plummets.

By Muyao ShenDec 28, 2021

Markets

Crypto Futures See $300M in Losses After Spot Market Drops

Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.

By Shaurya MalwaDec 28, 2021

Markets

First Mover Asia: Bitcoin Continues Its Low-Volume Rally Before Tapering Off

The sovereign supply of bitcoin – total coins held outside of exchange reserves – hit an all-time high, blockchain data firm Glassnode reported; ether falls slightly.

By Muyao ShenDec 27, 2021