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.

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Bitcoin Quiets Down in July After a Tumultuous First Half of 2023

While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.

Von Glenn Williams Jr.11. Juli 2023

Bitcoin's price has been in the doldrums. (Pixabay)

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Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge

"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.

Von Omkar Godbole11. Juli 2023

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First Mover Asia: Individual Wallets Holding 1 Bitcoin Hit All-Time High as BTC Maintains $30K

PLUS: Binance.US has a free money problem, but there's not enough trust in the platform to exploit it.

Von Sam Reynolds11. Juli 2023

Bitcoin monthly report. (CoinDesk Indices)

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Bitcoin Falls Back Below $31K After Late Monday Surge

The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.

Von James Rubin10. Juli 2023

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First Mover Asia: Bitcoin Opens Week Defending $30K Support Level

PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.

Von Sam Reynolds10. Juli 2023

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Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains

STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, outdistancing bitcoin and ether, among other digital assets.

Von Lyllah Ledesma7. Juli 2023

Crypto storage tokens were the biggest gainers for the week. (Shutterstock)

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First Mover Asia: Bitcoin Whales Are Increasing, but BTC Sent to Exchanges Continues to Fall. What Does the Trend Mean?

PLUS: Bitcoin tumbled below $30,000 for the first time in almost two weeks after a disappointing ADP private sector jobs report and ISM services index, but regained some ground later on Thursday.

Von James Rubin, Glenn Williams Jr.7. Juli 2023