What Happens To L1 Tokens Today? (02 Jan 2023, Monday)


"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 utilises machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.

Interested in our product? It's available for free here -> ChainMetrics.ai

 

BITCOIN (BTC)

Current Price: $ 16,621.99 (24h Changes: 0.21 %)

Current Market Cap: $ 319,679,086,274 (24h Changes: 0.31 %)

Positive News

Bitcoin, Ethereum Starts 2023 Flat as Analysts Hold Bullish Views For the Year

Source: BeInCrypto

Date: Sun, 01 Jan 2023 13:50:38

Bitcoin and Ethereum started 2023 largely unchanged as the crypto space tries to recover from the record-high bear market of 2022. The post Bitcoin, Ethereum Starts 2023 Flat as Analysts Hold Bullish Views For the Year appeared first on BeInCrypto.

Robert Kiyosaki Buys More Bitcoin – Warns Against the SEC

Source: Crypto Daily

Date: Sun, 01 Jan 2023 13:36:41

Renowned author Robert Kiyosaki has revealed he had bought more Bitcoin and why he chose to do this arguing that the Securities and Exchange Commission (SEC) regulations will “crush” most other currencies. Author of Rich Dad Poor Dad, Robert Kiyosaki, has said that the main reason for his investment in Bitcoin stems from a belief that the SEC will “crush” most other tokens with its regulations.

These 4 altcoins may attract buyers with Bitcoin stagnating

Source: Cointelegraph

Date: Sun, 01 Jan 2023 12:10:36

Bitcoin remains stuck in a tight range but LTC, APE, ICP, and BIT are showing signs of starting a new up-move.

Neutral News

Bitcoin (BTC) On-Chain Cost Basis Drops Below $20,000

Source: BeInCrypto

Date: Sun, 01 Jan 2023 12:56:00

The cost basis in the Bitcoin market, a metric used to determine the profitability of an investment, has recently fallen below the psychological level of $20,000. This decline is due to the drop in realized market capitalization, which values different parts of the supply at different prices.

Crypto Investment Firm Valkyrie Wants To Take Over Grayscale Bitcoin Trust, Says It's Time for a Change

Source: The Daily Hodl

Date: Sun, 01 Jan 2023 12:55:11

Crypto asset manager Valkyrie Investments says it is interested in sponsoring and managing Grayscale's publicly traded Bitcoin (BTC) fund. In a new statement, Valkyrie co-founder Steve McClurg announces the firm's proposal to take over the Grayscale Bitcoin Trust (GBTC) as shares of the world's largest Bitcoin fund trade below 45% the spot price of BTC.

Bitcoin: Know this about the state of BTC as you occupy trade positions in 2023

Source: AMBCrypto

Date: Sun, 01 Jan 2023 12:30:21

Upon assessing Bitcoin's [BTC] investment trends of 2022, investors could have to think before going deeper into the BTC pool. According to CryptoQuant analyst Wenry BTC holders should brace for a further decline in value in 2023.

Negative News

The week in markets: Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls

Source: The Block

Date: Sun, 01 Jan 2023 10:55:54

Crypto prices declined slightly throughout the week and MicroStrategy stock fell as the firm sold bitcoin for the first time. The post The week in markets: Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls appeared first on The Block.

Research: BTC and ETH bear market started in mid-2021, data suggests

Source: CryptoSlate

Date: Sun, 01 Jan 2023 08:11:17

On November 10, 2021, (BTC) established an all-time high of over $68,600, according to CryptoSlate data. The post Research: BTC and ETH bear market started in mid-2021, data suggests appeared first on CryptoSlate.

Bitcoin Would Not Be Able To Recover In 2023, Says Lightspark CEO

Source: Coincu

Date: Sun, 01 Jan 2023 02:22:43

Key Points: Lightspark's creator and CEO, David Marcus, disappointed bulls with his vision for the future years of Bitcoin and other cryptocurrencies. Although FTX's fall occurred about two months ago, its effects on mood and price performance are still being felt today.

 

ETHEREUM (ETH)

Current Price: $ 1,203.65 (24h Changes: -0.01 %)

Current Market Cap: $ 144,944,695,557 (24h Changes: 0.08 %)

Positive News

Bitcoin, Ethereum Starts 2023 Flat as Analysts Hold Bullish Views For the Year

Source: BeInCrypto

Date: Sun, 01 Jan 2023 13:50:38

Bitcoin and Ethereum started 2023 largely unchanged as the crypto space tries to recover from the record-high bear market of 2022. The post Bitcoin, Ethereum Starts 2023 Flat as Analysts Hold Bullish Views For the Year appeared first on BeInCrypto.

5 Best Crypto Performers During The 2022 Market Flop

Source: Bitcoinist

Date: Sun, 01 Jan 2023 05:54:26

The exuberant peaks of the crypto business in 2022 fell into an extended crypto winter and left many of the sector's top companies belly up. The aftermath of the shutdown of several large cryptocurrency exchanges has made concerns about liquidity and solvency a big topic of conversation throughout the market.

Negative News

Research: BTC and ETH bear market started in mid-2021, data suggests

Source: CryptoSlate

Date: Sun, 01 Jan 2023 08:11:17

On November 10, 2021, (BTC) established an all-time high of over $68,600, according to CryptoSlate data. The post Research: BTC and ETH bear market started in mid-2021, data suggests appeared first on CryptoSlate.

 

BINANCE (BNB)

Current Price: $ 245.58 (24h Changes: -0.7 %)

Current Market Cap: $ 40,063,485,828 (24h Changes: -0.57 %)

Positive News

Top 5 altcoins to watch in 2023 – Crypto expert's pick

Source: Finbold

Date: Sun, 01 Jan 2023 13:19:42

Alternative coins (altcoins) have remained suppressed for several months, a situation complicated by the extended cryptocurrency bear market. Indeed, in the past, altcoins rallied thanks to interest from retail investors, but they have failed to pick up as the crypto market was hit with instances such as the FTX exchange collapse and soaring inflation.

 

CARDANO (ADA)

Current Price: $ 0.25 (24h Changes: 0.01 %)

Current Market Cap: $ 8,729,074,164 (24h Changes: 0.16 %)

Positive News

Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023?

Source: CryptoTicker

Date: Sun, 01 Jan 2023 11:30:02

Which cryptocurrencies should you buy now that the new year is here? Here are 3 picks that can make you a crypto millionaire in 2023.

Independent Cardano Development Team Announces Massive Plans for 2023

Source: UToday

Date: Sun, 01 Jan 2023 08:14:00

Team behind Cardano's Milkomeda and Flint wallet shares ambitious plans for new year

5 Best Crypto Performers During The 2022 Market Flop

Source: Bitcoinist

Date: Sun, 01 Jan 2023 05:54:26

The exuberant peaks of the crypto business in 2022 fell into an extended crypto winter and left many of the sector's top companies belly up. The aftermath of the shutdown of several large cryptocurrency exchanges has made concerns about liquidity and solvency a big topic of conversation throughout the market.

 

RIPPLE (XRP)

Current Price: $ 0.34 (24h Changes: -1.2 %)

Current Market Cap: $ 17,079,555,131 (24h Changes: -1.04 %)

Positive News

Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023?

Source: CryptoTicker

Date: Sun, 01 Jan 2023 11:30:02

Which cryptocurrencies should you buy now that the new year is here? Here are 3 picks that can make you a crypto millionaire in 2023.

Neutral News

1 Billion XRP Unlocked From Escrows, Here's Where Tokens Go

Source: UToday

Date: Sun, 01 Jan 2023 06:36:00

XRP price in red as 1 billion tokens unlocked from escrow

Negative News

XRP Lawsuit: Ripple May Have Upper Hand Against SEC, Thanks to U.S. DOJ's Latest Comments on Crypto

Source: Zycrypto

Date: Sun, 01 Jan 2023 14:12:25

As the SEC vs Ripple case extends into the new year, XRP supporters are on the lookout for any edge that Ripple could have over the SEC in hopes that it might strengthen Ripple's chances of winning the case.

Ripple CTO Explains Why XRP Price Is So Low

Source: UToday

Date: Sun, 01 Jan 2023 10:02:00

Ripple CTO David Schwartz has offered his own take on why XRP, one of the most popular cryptocurrencies, has been underperforming for a long period of time

 

SOLANA (SOL)

Current Price: $ 10.01 (24h Changes: -0.64 %)

Current Market Cap: $ 3,676,106,772 (24h Changes: -0.57 %)

Neutral News

SOL bulls try to conquer $10.15 but bearish momentum could take over. Here's why

Source: AMBCrypto

Date: Sun, 01 Jan 2023 04:30:20

Bitcoin [BTC] dipped below the $16.6k support level once more but did not indicate a trend had developed. Solana [SOL] reclaimed an area of support that extended from $9.7 to $9.9.

 

AVALANCHE (AVAX)

Current Price: $ 10.92 (24h Changes: -0.78 %)

Current Market Cap: $ 3,398,483,806 (24h Changes: -0.64 %)

Neutral News

Avalanche: Everything you need to know about AVAX and its latest development

Source: AMBCrypto

Date: Sun, 01 Jan 2023 07:30:12

Avalanche [AVAX] made quite a name for itself on 30 December when it announced that Dua.com, a SocialFi, had chosen Avalanche to build its “Fi”. Dua.com is a global social network established to connect people of all ethnicities, races, and faiths from all over the world.

Negative News

Avalanche (AVAX) And Cronos (CRO) Could Lose Over 70% Of Their Value

Source: Coincu

Date: Sun, 01 Jan 2023 02:51:59

Key Points: A well-known cryptocurrency analyst and trader has expressed a pessimistic stance on two obscure cryptocurrencies which are Avalanche (AVAX) and Cronos (CRO).

 

COSMOS (ATOM)

Current Price: $ 9.46 (24h Changes: 0.93 %)

Current Market Cap: $ 2,765,615,247 (24h Changes: 1.1 %)

Positive News

Top 5 altcoins to watch in 2023 – Crypto expert's pick

Source: Finbold

Date: Sun, 01 Jan 2023 13:19:42

Alternative coins (altcoins) have remained suppressed for several months, a situation complicated by the extended cryptocurrency bear market. Indeed, in the past, altcoins rallied thanks to interest from retail investors, but they have failed to pick up as the crypto market was hit with instances such as the FTX exchange collapse and soaring inflation.

 

POLKADOT (DOT)

Current Price: $ 4.37 (24h Changes: 0.37 %)

Current Market Cap: $ 5,177,359,206 (24h Changes: 0.49 %)

Positive News

Top 5 altcoins to watch in 2023 – Crypto expert's pick

Source: Finbold

Date: Sun, 01 Jan 2023 13:19:42

Alternative coins (altcoins) have remained suppressed for several months, a situation complicated by the extended cryptocurrency bear market. Indeed, in the past, altcoins rallied thanks to interest from retail investors, but they have failed to pick up as the crypto market was hit with instances such as the FTX exchange collapse and soaring inflation.

Polkadot [DOT] traders might have a holly jolly new year because

Source: AMBCrypto

Date: Sun, 01 Jan 2023 10:30:28

Polkadot [DOT] recently tweeted about its yearly roundup mentioning all the notable developments that happened in its ecosystem in 2022.

 

How do you rate this article?

7


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.