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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The oldest cryptocurrency experienced a small price recovery on Saturday, before it fell into the red again on Sunday. Roughly $8.67 billion worth of bitcoin and ether options...
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This year's top gainer The Sandbox saw its SAND token increase 162-fold. (Image Credit: The Sandbox)
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This year's top gainer The Sandbox saw its SAND token increase 162-fold. (Image Credit: The Sandbox)

A muted rally brought a little sparkle to crypto markets on New Year's Eve. (Pexels/Pixabay)
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Bitcoin advanced to its highest price in three days, though all of the biggest cryptocurrencies are negative for the week.
A muted rally brought a little sparkle to crypto markets on New Year's Eve. (Pexels/Pixabay)

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First Mover Asia: Bitcoin Sees Out the Year Near $47K Amid Low Volume Spot Trading
Technical analysis supports a “buy” signal after bitcoin logged three straight days of losses this week.
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2021: A Remarkable Year in Bitcoin and Crypto Markets
2021: A Remarkable Year in Bitcoin and Crypto Markets
Bitcoin hitting new all-time highs on the approval of the first bitcoin futures ETF in the U.S., institutional investors diversifying their investments into ether, alternative...
2021: A Remarkable Year in Bitcoin and Crypto Markets

(Photo by Robert Alexander/Getty Images)
First Mover Asia: Bitcoin Trades Near $47K on Low Volume During Year-End Holidays
The center of the market is still at the expiry of the options contract on Dec. 31.
(Photo by Robert Alexander/Getty Images)

brown bear (Fabe collage, Unsplash)
First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry
A total of 129,800 option contracts worth more than $6 billion are set to expire on Friday; ether’s price plummets.
brown bear (Fabe collage, Unsplash)

Futures positions were liquidated as spot crypto markets dropped. (ChislovaArina/Shutterstock)
Crypto Futures See $300M in Losses After Spot Market Drops
Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.
Futures positions were liquidated as spot crypto markets dropped. (ChislovaArina/Shutterstock)

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First Mover Asia: Bitcoin Continues Its Low-Volume Rally Before Tapering Off
The sovereign supply of bitcoin – total coins held outside of exchange reserves – hit an all-time high, blockchain data firm Glassnode reported; ether falls slightly.
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First Mover Asia: Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend
Trading was light across different crypto exchanges on Christmas day and Boxing Day in the U.K.; ether’s price was roughly flat.
(Justin Chin/Bloomberg via Getty Images)