Ether

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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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Crypto prices continue their move higher (Jungwoo Hong/Unsplash)

BTC price, FMA May 17 2024 (CoinDesk)
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Ether's price decline appears to have hit a brick wall. (Pexels/Pixabay)
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Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Ether's price decline appears to have hit a brick wall. (Pexels/Pixabay)

Ethereum co-founder Vitalik Buterin. (CoinDesk)
Ether Could Surprise to the Upside in the Coming Months, Coinbase Says
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.
Ethereum co-founder Vitalik Buterin. (CoinDesk)

BTC price, FMA May 16 2024 (CoinDesk)
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BTC price, FMA May 16 2024 (CoinDesk)

ETH/BTC hits a three-year low. (TradingView/CoinDesk)
Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why
"Ether is a 'lightning rod' for negative sentiment from crypto native and external players and has several weak spots," one observer said.
ETH/BTC hits a three-year low. (TradingView/CoinDesk)

BTC price, FMA May 15 2024 (CoinDesk)
First Mover Americas: Bitcoin Approaches $63K Ahead of U.S. CPI Data
The latest price moves in crypto markets in context for May 15, 2024.
BTC price, FMA May 15 2024 (CoinDesk)

BTC price, FMA May 14 2024 (CoinDesk)
First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
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BTC price, FMA May 14 2024 (CoinDesk)

BTC price, FMA May 13 2024 (CoinDesk)
First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound
The latest price moves in crypto markets in context for May 13, 2024.
BTC price, FMA May 13 2024 (CoinDesk)

BTC price FMA, May 10 2024 BTC price FMA, May 10 2024 (CoinDesk)
First Mover Americas: Bitcoin Holds Near $63K, Consolidating Week's Recovery
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BTC price FMA, May 10 2024 BTC price FMA, May 10 2024 (CoinDesk)