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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Ether rallies to two-month high. (TradingView)
Ether Tops $1.9K as Ethereum Runs Final 'Merge' Rehearsal
Merge optimism has prompted an ether rally of 60% in four weeks.
Ether rallies to two-month high. (TradingView)

(jayk7/Getty Images)
First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue
Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance.
(jayk7/Getty Images)

There was much movement in crypto and stocks after release of slowing U.S. inflation data. (Timon Studler/Unsplash)
Market Wrap: US Inflation Slows, Crypto Markets Accelerate
Bitcoin jumped sharply on CPI news before moderating.
There was much movement in crypto and stocks after release of slowing U.S. inflation data. (Timon Studler/Unsplash)

Bitcoin jumped to $23,500 Wednesday shortly after the release of the U.S. CPI for July. (Denny Luan/Unsplash)
First Mover Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected
The latest price moves in crypto markets in context for Aug. 10, 2022.
Bitcoin jumped to $23,500 Wednesday shortly after the release of the U.S. CPI for July. (Denny Luan/Unsplash)

Seoul, South Korea (Ciaran O'Brien/Unsplash)
First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at South Korea's Muted Mega-Blockchain Week
The Seoul-based event has offered a welcome return to in-person interaction but failed to tackle the industry's most burning themes or challenge its panelists.
Seoul, South Korea (Ciaran O'Brien/Unsplash)

BTC fell 4%, retreating like the tide to under $23,000. (Tim Donnelly/Unsplash)
Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report
Global markets are awaiting the data release scheduled for Wednesday.
BTC fell 4%, retreating like the tide to under $23,000. (Tim Donnelly/Unsplash)

The hot topic now is the upcoming Merge on the Ethereum network, and specifically, about the possibility of having a forked proof-of-work ETH and a proof-of-stake coin. (Riho Kroll/Unsplash)
First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork
The latest price moves in crypto markets in context for Aug. 9, 2022.
The hot topic now is the upcoming Merge on the Ethereum network, and specifically, about the possibility of having a forked proof-of-work ETH and a proof-of-stake coin. (Riho Kroll/Unsplash)

Vitalik Buterin spoke with reporters during an exclusive event at ETHSeoul. (CoinDesk screenshot)
First Mover Asia: BTC Holds Near $24K; Why Do We Need EthereumPOW When We Have Ethereum Classic?
Crypto mega-entrepreneurs Vitalik Buterin and Justin Sun are clashing over Ethereum’s future.
Vitalik Buterin spoke with reporters during an exclusive event at ETHSeoul. (CoinDesk screenshot)

BTC surpassed $24,000 as BTC funding rates signal bullish sentiment. (Christopher Burns/Unsplash)
Market Wrap: Bitcoin Climbs Above $24K
The cryptocurrency is largely tracking stocks.
BTC surpassed $24,000 as BTC funding rates signal bullish sentiment. (Christopher Burns/Unsplash)