What Happens To L1 Tokens Today? (01 Dec 2022, Thursday)


"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily.

Here are the news for you today.

Recently, we have just launched a news sentiment analysis tool that utilizes machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.

6551fbc28f611b124458c21b2c38c48e420c5a217e644784b3e1863b2d1cbb36.png

Interested in our product? It's available for free here -> Coin Metrics Crypto News Sentiment Analytics

 

BITCOIN (BTC)

Current Price: $ 17,123.96 (24h Changes: 3.88 %)

Current Market Cap: $ 329,367,718,693 (24h Changes: 3.93 %)

Positive News

Bitcoin, Ether Higher Despite BlockFi Filing for Bankruptcy

Source: Coindesk

Date: Wed, 30 Nov 2022 14:00:18

Major cryptos are jumping despite crypto lender BlockFi filing for bankruptcy protection and ongoing protests in China over Covid-19 restrictions. Floating Point Group Co-Founder and CEO John Peurifoy discusses the price actions and broader market outlook as the FTX contagion continues to spread.

Maturation Of The Lightning Network: Growing Up By Going Vertical

Source: Bitcoin Magazine

Date: Wed, 30 Nov 2022 14:00:00

Like our hunter-gatherer ancestors, Bitcoin's Lightning Network is maturing toward mass adoption through specialization and sophistication.

Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes

Source: CryptoPotato

Date: Wed, 30 Nov 2022 13:50:07

The Federal Reserve may have to keep rate hikes going for longer than previously expected. 

Neutral News

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 30 Nov 2022 14:28:32

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?

Bitcoin's current stability stems from market manipulation, ECP report

Source: CryptoSlate

Date: Wed, 30 Nov 2022 12:38:20

According to a newly released report by the ECB, Bitcoin is in the final stages of becoming irrelevant due to its many shortcomings. The post Bitcoin's current stability stems from market manipulation, ECP report appeared first on CryptoSlate.

Bitcoin Rises Toward $17K; BlockFi Has $355M in Crypto Frozen on FTX

Source: Coindesk

Date: Wed, 30 Nov 2022 08:49:02

Crypto lender BlockFi has about $355 million in cryptocurrencies currently frozen on crypto exchange FTX. CoinDesk's Nikhilesh De discusses the latest developments uncovered during BlockFi's first day in bankruptcy court.

Negative News

ECB Blog Post Insists This Is ‘Bitcoin's Last Stand,' Officials Claim BTC Is Headed Toward ‘Irrelevance'

Source: Bitcoin

Date: Wed, 30 Nov 2022 13:30:22

On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin's last stand.

Kraken Lays Off 30% of Staff as Bitcoin Bear Market Persists

Source: Decrypt

Date: Wed, 30 Nov 2022 11:58:34

Despite its headcount crunch, Kraken founder Jesse Powell remains “extremely bullish on crypto.”

Crypto Exchange Kraken Cuts 30% of Workforce; ECB Staffers Say Bitcoin is on 'Road to Irrelevance'

Source: Coindesk

Date: Wed, 30 Nov 2022 11:50:21

Crypto exchange Kraken said Wednesday it is laying off 30% of its global staff – around 1,100 people – in response to the crypto market downturn. Plus, officials at the European Central Bank write in a new blog post titled "Bitcoin's Last Stand," that the largest cryptocurrency by market cap "has never been used to any significant extent for legal real-world transactions.

 

ETHEREUM (ETH)

Current Price: $ 1,294.54 (24h Changes: 5.69 %)

Current Market Cap: $ 155,962,732,217 (24h Changes: 6.03 %)

Positive News

Ethereum (ETH) Rival Erupts 41% After Crypto Project Reveals Massive Altcoin Holdings

Source: The Daily Hodl

Date: Wed, 30 Nov 2022 14:05:04

One crypto project is outperforming most of the markets with a recent rally following an announcement from one of its key contributors.

Bitcoin, Ether Higher Despite BlockFi Filing for Bankruptcy

Source: Coindesk

Date: Wed, 30 Nov 2022 14:00:18

Major cryptos are jumping despite crypto lender BlockFi filing for bankruptcy protection and ongoing protests in China over Covid-19 restrictions. Floating Point Group Co-Founder and CEO John Peurifoy discusses the price actions and broader market outlook as the FTX contagion continues to spread.

BTC maximalists up in arms after Casa adds ETH

Source: CryptoSlate

Date: Wed, 30 Nov 2022 13:26:16

Bitcoin maximalists reacted negatively to the news of Casa unveiling a new app with Ethereum support. The post BTC maximalists up in arms after Casa adds ETH appeared first on CryptoSlate.

Neutral News

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 30 Nov 2022 14:28:32

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?

The Ethereum Foundation Commences Shutdown of Ropsten Testnet

Source: Coindesk

Date: Wed, 30 Nov 2022 14:22:47

Developers should move their applications over to either the Goerli or Sepolia testnets.

Where Is The Ethereum Price Headed Next After Clearing This Resistance

Source: NewsBTC

Date: Wed, 30 Nov 2022 14:00:45

The Ethereum price has finally been able to break above the $1,233 resistance mark. Over the last 24 hours, the coin has registered substantial gains.

Negative News

Ethereum (ETH) burning deviates on worsening market conditions

Source: Crypto news

Date: Wed, 30 Nov 2022 06:56:06

The burning process of Ethereum has been a crucial element in the asset's positioning on the market throughout the 2022 declining market.

Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

Source: Coingape

Date: Wed, 30 Nov 2022 01:41:32

Crypto Prices Today: The crypto market has faced a tumultuous year, however, the crypto prices have been bouncing back for a couple of days. There was a major jump yesterday.

 

BINANCE (BNB)

Current Price: $ 300.3 (24h Changes: 1.26 %)

Current Market Cap: $ 49,046,255,422 (24h Changes: 1.39 %)

Positive News

Altcoins to Keep an Eye On in December 2022! Will the AltSeason Begin?

Source: CoinPedia

Date: Wed, 30 Nov 2022 08:32:23

The Bitcoin (BTC) price raised beyond $16,800 and is unable to clear $17,000 despite notable buying pressure had mounted up. Meanwhile, some of the altcoins which are presently trading within the consolidated range are expected to gear up any moment from now.

Will OpenSea's listing of BNB Chain NFTs be a game changer for the blockchain? 

Source: AMBCrypto

Date: Wed, 30 Nov 2022 07:30:01

BNB Chain NFTs will now be available for listing and sale on OpenSea A significant amount of growth was registered in BNB's NFT ecosystem over the past few weeks BNB recently made a huge announcement regarding its NFT ecosystem that created excitement in the community.

OpenSea Adds Support for NFTs on BNB Chain

Source: Coinspeaker

Date: Wed, 30 Nov 2022 05:00:25

With the BNB chain housing over 1300 dApps, integration with the OpenSea marketplace will improve connectedness in the larger ecosystem.

Neutral News

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 30 Nov 2022 14:28:32

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?

BNB Chain Creators Can Now List Their NFTs On OpenSea

Source: Benzinga

Date: Wed, 30 Nov 2022 12:42:15

Binance (CRYPTO: BNB) Chain will incorporate its non-fungible tokens (NFT) onto NFT marketplace OpenSea's Seaport protocol. The move will make it possible for BNB Chain producers who want to display and sell digital collectibles on OpenSea's marketplace to receive multiple creator rewards, collection management and other advantages.

NFT Marketplace OpenSea Announces BNB Chain Integration

Source: TheNewsCrypto

Date: Wed, 30 Nov 2022 07:14:05

OpenSea, a marketplace for NFTs, has stated that it intends to incorporate BNB Chain on its Web3 NFT marketplace protocol

Negative News

Polygon (MATIC) and BNB firm despite post-FTX market crash

Source: Crypto news

Date: Wed, 30 Nov 2022 07:06:06

Despite the fall of FTX crypto company, Polygon's (MATIC) and Binance Coin's (BNB) prices continue to ascend as other tokens and coins like SOL and NEAR plunge.

 

CARDANO (ADA)

Current Price: $ 0.32 (24h Changes: 2.29 %)

Current Market Cap: $ 11,116,805,852 (24h Changes: 2.45 %)

Positive News

Cardano's explosive DeFi growth | Twitter Spaces with Muesliswap

Source: CryptoSlate

Date: Wed, 30 Nov 2022 10:01:19

Cardano blockchain data shows explosive development activity and a 90% steady increase in active addresses. The post Cardano's explosive DeFi growth | Twitter Spaces with Muesliswap appeared first on CryptoSlate.

Cardano partners with 2 industry leaders in Web3 – Will it drive ADA price to $2?

Source: CryptoNewsFlash

Date: Wed, 30 Nov 2022 08:45:35

Cardano's commercial arm EMURGO announced investments in OAK Network and SubQuery protocol to expand its footprint in the Web3.

$ADA: Gal Gadot-Backed AdaSwap Launches on Cardano Mainnet

Source: CryptoGlobe

Date: Wed, 30 Nov 2022 08:42:00

AdaSwap, a Cardano-based decentralized exchange backed by ‘Wonder Woman' star Gal Gadot, has launched in mainnet after “an intense” two years of growth and development while on its testnet. It's one of the first projects to launch on top of the Milkomedia Network.

Neutral News

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 30 Nov 2022 14:28:32

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?

Cardano's Hoskinson: FTX Collapse Proves ‘Absolute Need' for Decentralization

Source: Decrypt

Date: Wed, 30 Nov 2022 12:20:27

According to Cardano founder Charles Hoskinson, the demise of FTX is a bellwether for a move "from companies and people to protocols."

What is DJED Crypto? Here's a Quick Brief on Cardano Stablecoin

Source: CryptoTicker

Date: Wed, 30 Nov 2022 12:15:35

What is DJED crypto? What does a stablecoin release mean for Cardano?

Negative News

Cardano Falters Below $0.31 Low And Sellers Threaten To Sell Short

Source: Coin Idol

Date: Wed, 30 Nov 2022 06:47:00

Cardano (ADA) price is falling below the moving average lines. Support at $0.31 has been defended by buyers since November 9.

Cardano Price Flashes Fresh Bearish Signals, Poised to Drop a Level Down Very Soon!

Source: CoinPedia

Date: Wed, 30 Nov 2022 03:48:51

The crypto markets have turned green, while the Cardano price is striving to inculcate bullish market sentiments. The volume also appears to have drained in the meantime, and the impact is already evident on the ADA price. Hence, the price is expected to continue with little-to-no volatility in price action for an extended period ahead.

 

RIPPLE (XRP)

Current Price: $ 0.41 (24h Changes: 3.41 %)

Current Market Cap: $ 20,727,227,568 (24h Changes: 3.08 %)

Positive News

XRP Outperforms BTC in November, Here Are the Levels to Watch (Ripple Price Analysis)

Source: CryptoPotato

Date: Wed, 30 Nov 2022 11:28:00

Ripple's monthly candlestick appears to be closing in the red tonight, despite the fact that the long lower wick implies the presence of buyers around $0.3. However, the cryptocurrency's performance in the past month has actually been stronger than Bitcoin's.

Market Maker Keyrock Raises $72 Million From VCs Led By Ripple

Source: InvestingCube

Date: Wed, 30 Nov 2022 11:09:16

Belgian startup Keyrock has raised $72 million from leading VCs, including Ripple. We discuss this success and the company's impact.

Cryptocurrencies to watch in December 2022 – Analysis

Source: Finbold

Date: Wed, 30 Nov 2022 10:31:16

After the shock of the FTX collapse that has shaken the very foundations of the cryptocurrency market, things are finally starting to look up for many digital assets, with some tokens leading the charge in stoking a new wave of bullish optimism heading into December.

Neutral News

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 30 Nov 2022 14:28:32

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?

XRP Price Prediction as Coinbase Wallet Removes XRP Support – What's Going On?

Source: Cryptonews

Date: Wed, 30 Nov 2022 07:22:00

The XRP price has risen by 2% in the past 24 hours, reaching $0.404066 after Coinbase Wallet announced it would be removing support for the altcoin. This price represents a 7% gain in the past week, although XRP is down by 11% in the last 30 days, as the FTX collapse continues to bear down on investor sentiment.

Coinbase wallet stops support for BCH, Ethereum Classic, Stellar Lumens and XRP

Source: CryptoNewsFlash

Date: Wed, 30 Nov 2022 06:41:22

Coinbase Wallet will, on December 5, cease supporting the four crypto tokens, with the exchange citing low activity.

Negative News

Coinbase Drops XRP & Other Tokens, Cites Low Activity

Source: NewsBTC

Date: Wed, 30 Nov 2022 11:48:22

As the FTX saga continues, all eyes are on crypto exchanges: Coinbase, Crypto.com, Binance and the like all have hefty sets of eyes on their next moves. There is plenty to be said for the state of crypto exchanges today, but Coinbase's announcement of the delisting of several tokens: BCH, ETC, XLM, and XRP.

Coinbase is all set to delist XRP, here's everything you need to know

Source: AMBCrypto

Date: Wed, 30 Nov 2022 09:00:13

BCH, ETC, and XLM are among the crypto assets that are set to join XRP in the delisting next week. Following this, no negative impact was seen in the prices of the affected tokens.

Coinbase Delists XRP, Bitcoin Cash (BCH) and Others from Custody Wallet Citing Low Usage

Source: Dailycoin

Date: Wed, 30 Nov 2022 05:30:14

America's biggest cryptocurrency exchange, Coinbase, has announced the delisting of four major cryptos including, XRP and Ethereum Classic (ETC).

 

SOLANA (SOL)

Current Price: $ 13.74 (24h Changes: 1.91 %)

Current Market Cap: $ 4,984,693,087 (24h Changes: 2.24 %)

Positive News

Solana's Self-Custodial Crypto Wallet Phantom Going Multichain with Ethereum and Polygon

Source: Dailycoin

Date: Wed, 30 Nov 2022 12:00:06

This new Phantom multichain update will be available on desktop, iOS, and Android devices.

Phantom pivots to Ethereum and Polygon to become a multi-chain wallet

Source: AMBCrypto

Date: Wed, 30 Nov 2022 10:30:30

Phantom wallet recently announced that it was enabling functionality for assets on Ethereum and Polygon The wallet's multi-chain strategy would focus on NFTs Phantom, a Solana-focused cryptocurrency wallet, announced it would move to other chains on 29 November. This action followed the recent difficulties Solana had had following the demise of FTX.

Solana's Phantom Wallet “Adding Support” for Ethereum ($ETH) and Polygon ($MATIC)

Source: CryptoGlobe

Date: Wed, 30 Nov 2022 10:30:14

On Tuesday (29 November 2022), Phantom, which is the most popular wallet for Solana, announced that it is adding support for Ethereum and Polygon.

Neutral News

Is Solana a Better Buy Than Ethereum In 2023?

Source: The Motley Fool

Date: Wed, 30 Nov 2022 06:15:00

These two cryptocurrencies could be moving in different directions.

Top tokens that can be used as payment methods

Source: Invezz

Date: Wed, 30 Nov 2022 06:10:45

Bitcoin (BTC/USD), Solana (SOL/USD), and Cardano (ADA/USD) are all cryptocurrencies that can be used for daily payments.  The Chamber of Deputies of Brazil, a federal legislative body, has successfully passed a regulatory framework to legalize the usage of cryptocurrencies as a payment method in the country.

Negative News

Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

Source: Coingape

Date: Wed, 30 Nov 2022 01:41:32

Crypto Prices Today: The crypto market has faced a tumultuous year, however, the crypto prices have been bouncing back for a couple of days. There was a major jump yesterday.

Solana Asset Volatility Balloons To 260% As ROI Nosedives – Here's Why

Source: NewsBTC

Date: Wed, 30 Nov 2022 00:26:02

The Solana ecosphere, unsurprisingly, is also suffering as a result of the current market contagion. SOL fell to its lowest performance in recent weeks.

 

AVALANCHE (AVAX)

Current Price: $ 13.03 (24h Changes: 4.5 %)

Current Market Cap: $ 4,040,946,791 (24h Changes: 4.5 %)

Positive News

Top DeFi Tokens To Buy In December 2022 That Will Make You Rich In Long Run

Source: Coingape

Date: Wed, 30 Nov 2022 04:57:37

Decentralized Finance, or DeFi for short, has gained considerable traction over the years. There is a huge market for its applications, and the DeFi sector will be worth trillions of dollars in near future.

Avalanche price analysis: Positive strikes continue as AVAX surges 2.87%

Source: Cryptopolitan

Date: Wed, 30 Nov 2022 03:50:59

Avalanche price analysis reveals that the cryptocurrency is currently trading at $12.86 after a slight increase of 2.87 percent over the last 24 hours. The market capitalization of the digital asset stands at $4,002,080,888, and the 24-hour trading volume is currently at $149,004,172.

Neutral News

Avalanche Price Prediction for December 2022

Source: InvestingCube

Date: Wed, 30 Nov 2022 02:26:50

Avalanche price had a difficult performance in November as a somber mood engulfed the crypto industry. AVAX was trading at $12.80

 

NEAR (NEAR)

Current Price: $ 1.74 (24h Changes: 7.2 %)

Current Market Cap: $ 1,448,543,357 (24h Changes: 7.45 %)

Positive News

NEAR Strong Rebound Seen As Crypto Registers 8% Spike In Last 24 Hours

Source: NewsBTC

Date: Wed, 30 Nov 2022 02:10:34

NEAR, the native token of the public proof-of-stake (PoS) blockchain Near Protocol, dumped more than 50% of its current monthly high of $3.42 that it achieved on November 6. It seemed like a recurring theme for the digital asset which, in the middle part of the month, shed 53% of its August 20 value.

 

COSMOS (ATOM)

Current Price: $ 10.53 (24h Changes: 3.16 %)

Current Market Cap: $ 3,078,170,238 (24h Changes: 3.19 %)

Neutral News

Cosmos: Risk-averse traders have reason to overlook ATOM's bullish crossover

Source: AMBCrypto

Date: Wed, 30 Nov 2022 01:00:59

 

 

POLKADOT (DOT)

Current Price: $ 5.45 (24h Changes: 2.18 %)

Current Market Cap: $ 6,405,249,120 (24h Changes: 2.41 %)

Positive News

Altcoins to Keep an Eye On in December 2022! Will the AltSeason Begin?

Source: CoinPedia

Date: Wed, 30 Nov 2022 08:32:23

The Bitcoin (BTC) price raised beyond $16,800 and is unable to clear $17,000 despite notable buying pressure had mounted up. Meanwhile, some of the altcoins which are presently trading within the consolidated range are expected to gear up any moment from now.

Neutral News

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 30 Nov 2022 14:28:32

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?

 

How do you rate this article?

19


quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

"What happens to crypto today?" is a crypto news curator that curates high-quality and insightful crypto news daily for you.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.