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: Crypto Market Stabilizes After Nursing Losses

The latest price moves in crypto markets in context for July 31, 2024.

By Jamie Crawley, Omkar GodboleJul 31, 2024

XRP price, FMA July 31 2024 (CoinDesk)

Nvidia Becoming More Volatile Than Bitcoin and Ether

Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.

By Omkar GodboleJul 31, 2024

BTC's unimpressive bounce. (TheDigitalArtist/Pixabay)

First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms

The latest price moves in crypto markets in context for July 30, 2024.

By Jamie CrawleyJul 30, 2024

BTC price, FMA July 30 2024 (CoinDesk)

Markets

Ether ETFs Saw $340M of Negative Outflows in Their First Week

More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.

By Krisztian SandorJul 29, 2024

outflows (Unsplash)

First Mover Americas: Bitcoin Rises to Nearly $70K After Trump's BTC 2024 Speech

The latest price moves in crypto markets in context for July 29, 2024.

By Jamie Crawley, Omkar GodboleJul 29, 2024

BTC price, FMA July 29 2024 (CoinDesk)

First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours

The latest price moves in crypto markets in context for July 26, 2024.

By Jamie Crawley, Omkar GodboleJul 26, 2024

BTC price, FMA July 26 2024 (CoinDesk)

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

The yield offered by restaking is dwarfed by the likes of yield-generating platform Ethena.

By Oliver KnightJul 25, 2024

(Jp Valery/Unsplash)

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

The latest price moves in crypto markets in context for July 25, 2024.

By Jamie Crawley, Omkar GodboleJul 25, 2024

BTC price, FMA July 25 2024 (CoinDesk)

CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut

The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.

By Omkar GodboleJul 25, 2024

(Shutterstock)

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

By Krisztian SandorJul 24, 2024

Bitcoin price on July 24 (CoinDesk)