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 Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher

Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.

By Muyao Shen, Damanick DantesDec 12, 2021

Markets

Alts Find It Tough to Beat Layer 1 King Ethereum

Big investors looking beyond bitcoin may take their first baby steps into ether, which has so far outperformed its layer 1 alternatives. But for how long?

By Lawrence LewitinnDec 12, 2021

Videos

Bitcoin Dominance Approaching Lowest Level Since June 2018

New data reveals bitcoin’s dominance is nearing a record low to levels not reached since June 2018. Meanwhile, ether’s dominance continues to climb higher. What are the potential factors explaining ETH’s upward trajectory? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Dec 10, 2021

Videos

What’s Driving Bitcoin Lower?

Bitcoin buying activity remains weak despite several oversold signals on the charts. Prime Trust Chief Financial Officer Rodrigo Vicuna discusses his take on the potential catalyst behind BTC’s short-term downtrend and the possible impact of mining on price movements. Is a “Santa Rally” still possible?

Dec 10, 2021

Markets

First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red

Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.

By Muyao Shen, Damanick DantesDec 9, 2021

A skier falls. (Clive Rose/Getty Images)

Markets

First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs

CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.

By Muyao Shen, Damanick DantesDec 8, 2021

Markets

Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts

Some $187 million of crypto trading positions were liquidated over the past 24 hours.

By Lyllah LedesmaDec 8, 2021

Markets

Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH

The move comes mere weeks after co-founder Su Zhu “abandoned” Ethereum over its prohibitively high fees for new users.

By Lyllah LedesmaDec 8, 2021

Markets

First Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”

By Muyao Shen, Damanick DantesDec 7, 2021

ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)

Videos

Is Bitcoin Due for Lower Lows?

Trade the Chain Research Analyst Nick Mancini discusses his crypto markets analysis and outlook, explaining whether another price dip could be imminent. Plus, insights into bullish sentiment for ether, open interest for bitcoin, and institutional activity in crypto.

Dec 7, 2021