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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(SMakar/Shutterstock)
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Bitcoin and ether rose and fell; altcoins have a mixed day.
(SMakar/Shutterstock)

Leverage in crypto could send you soaring, but it's risky. (Creative Commons)
Opyn’s New ‘Squeeth’ Raises Ether Trading to the Power of Two
In yet another example of the crypto industry's tendency to combine innovation with leverage, the new "Squeeth" index (for squared-ether) turns the options trade into a perpet...
Leverage in crypto could send you soaring, but it's risky. (Creative Commons)

Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)
Multichain Says $1.4M in Ether Siphoned From Users Who Failed to Update Approvals
The cross-chain bridge urged users to remove approvals for six tokens after it was alerted to a security flaw.
Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)

(Clive Rose/Getty Images)
First Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further
Ether and most other altcoins also drop amid more bad news for the global economy.
(Clive Rose/Getty Images)

(George Rose/Getty Images)
First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs
Investors are looking for indications the largest cryptocurrency by market capitalization has reached a bottom point and is ready to rebound; ether's price was roughly flat ov...
(George Rose/Getty Images)

Credit: Shutterstock
North Korean Hackers Stole $400M in 2021, Mostly in Ether
For the first time, DeFi mixers were the biggest money-laundering tool for North Korean hackers.
Credit: Shutterstock

Bitcoin volatility via spot market (Skew via QCP Capital)
Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
The Singapore-based crypto fund wrote in a Telegram note that the newfound strength of the crypto options market prevented bitcoin from bottoming out below $40,000.
Bitcoin volatility via spot market (Skew via QCP Capital)

(Getty Images)
First Mover Asia: Crypto Prices Rise on Better-Than-Expected US Inflation News
The consumer price index rose 7%, but many investors anticipated a steeper increase; bitcoin and ether prices notched solid gains during the U.S. trading day.
(Getty Images)

Federal Reserve Chairman Jerome Powell (public domain/Wikimedia modified by Speaking of Bitcoin/Pixelmind.ai)
First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances
The head of the U.S. central bank told the Senate Banking Committee the Fed would continue its tactics to combat rising inflation.
Federal Reserve Chairman Jerome Powell (public domain/Wikimedia modified by Speaking of Bitcoin/Pixelmind.ai)