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.

First Mover Americas: BoJ Comments Offer Relief to Crypto

The latest price moves in crypto markets in context for Aug. 7, 2024.

By Jamie Crawley, Omkar GodboleAug 7, 2024

BTC price, FMA Aug. 7 2024 (CoinDesk)

Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K

According to a blockchain data tracking service, Jump Trading moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.

By Omkar GodboleAug 7, 2024

BTC's unimpressive bounce. (TheDigitalArtist/Pixabay)

First Mover Americas: Crypto Rebounds From Monday's Chaos

The latest price moves in crypto markets in context for Aug 6, 2024.

By Jamie Crawley, Omkar GodboleAug 6, 2024

BTC price, FMA Aug. 6 2024 (CoinDesk)

First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market

The latest price moves in crypto markets in context for Aug 5, 2024.

By Krisztian Sandor, Omkar GodboleAug 5, 2024

Bitcoin price on Aug 5 (CoinDesk)

Bitcoin Dips Below $50K as Investors Flee Risk Assets

Ether slumped by the most since May 2021.

By Parikshit MishraAug 5, 2024

Man with his head down on his laptop facing the Agony of Defeat (Getty Images)

Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Slumps Most Since 2021

A sentiment index that tracks crypto markets changed to “fear” early Monday as ETH recorded its worst single-day drop since May 2021.

By Shaurya MalwaAug 5, 2024

A boy standing on diving board. (Photo and Co/Getty Images)

Ether Slides 20% as Trading Firm Moves $46M in ETH

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

By Omkar GodboleAug 5, 2024

(CoinDesk Indices)

Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets

Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%.

By Stephen AlpherAug 5, 2024

(H. Armstrong Roberts/ClassicStock/Getty Images)

First Mover Americas: BTC Warnings Finger Drop to $55K

The latest price moves in crypto markets in context for Aug. 2, 2024.

By Jamie Crawley, Omkar GodboleAug 2, 2024

BTC price, FMA Aug 2 2024 (CoinDesk)

First Mover Americas: Crypto Markets Reel on Geopolitical Risk

The latest price moves in crypto markets in context for Aug. 1, 2024.

By Jamie Crawley, Omkar GodboleAug 1, 2024

BTC price, FMA Aug 1 2024 (CoinDesk)