"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily.
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BITCOIN (BTC)
Current Price: $ 20,075 (24h Changes: 0.43 %)
Current Market Cap: $ 384,227,737,110 (24h Changes: 0.44 %)
Positive News
Bitcoin Could Spring Past $25,000 As Short-Term Hodlers Increase Holdings
Source: Zycrypto
Date: Thu, 01 Sep 2022 15:20:58
After enduring a two-month-long consolidation alongside lacklustre on-chain activity, Bitcoin recoiled upon tapping the $25,000 resistance level on August 15, once more affirming to bulls that there was still a lot of work to be done.
This Is Why Crypto Billionaire Sam Bankman-Fried Is Bullish On Bitcoin Price
Source: CoinPedia
Date: Thu, 01 Sep 2022 14:53:06
While many crypto analysts and traders are looking forward to better trading days, Sam Bankman-Fried, FTX founder and a crypto billionaire is of the opinion that Bitcoin will soon see a positive trend. In a Bloomberg interview on David Rubenshtein episode, Bankman-Fried claimed that he was not worried when Bitcoin fell below $30,000 in May.
Neutral News
Bitfarms mined 6.8% more bitcoin in August
Source: The Block
Date: Thu, 01 Sep 2022 15:48:11
Bitcoin miner Bitfarms reported in its monthly operational update that it mined 6.8% more bitcoin in August. The post Bitfarms mined 6.8% more bitcoin in August appeared first on The Block.
WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022
Source: NewsBTC
Date: Thu, 01 Sep 2022 13:16:54
In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle has closed and we finally have new data to analyze. Take a look at the video below for the good, the bad, and the ugly.
Here's When Bitcoin Will Start Growing Again: Billionaire Sam Bankman-Fried
Source: UToday
Date: Thu, 01 Sep 2022 09:13:00
FTX boss believes that "crypto will back a comeback" and shared his vision of how soon it would happen
Negative News
Bitcoin dips below $20K, D.C. sues Saylor, and Nifty Gateway's new NFT features: CNBC Crypto World
Source: CNBC Television
Date: Thu, 01 Sep 2022 15:21:19
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jake Boyle of Caleb & Brown discusses crypto markets and what investors should watch for the rest of 2022.
Mad Money Jim Cramer Says the Fed Will Take Down Speculative Assets Like Bitcoin
Source: CryptoPotato
Date: Thu, 01 Sep 2022 15:05:50
"Mad Money" host Jim Cramer thinks the Federal Reserve will bring down all speculative assets.
Bitcoin Derivatives Reserve Surges Up, More Volatility Soon?
Source: NewsBTC
Date: Thu, 01 Sep 2022 15:00:29
On-chain data shows the Bitcoin derivatives exchange reserve has surged up recently, a sign that the crypto may face more volatility in the near future. Bitcoin Derivatives Exchange Reserve Observes Uplift Over Last Two Days As pointed out by an analyst in a CryptoQuant post, conditions seem to be brewing up in the BTC market that could lead to higher volatility in the price.
ETHEREUM (ETH)
Current Price: $ 1,588.84 (24h Changes: 1.96 %)
Current Market Cap: $ 191,170,647,811 (24h Changes: 1.91 %)
Positive News
Ethereum (ETH) Could See Some 'Serious Upside Potential' As Merge Approaches, Says Coin Bureau
Source: The Daily Hodl
Date: Thu, 01 Sep 2022 14:41:55
Coin Bureau is keeping a close eye on the price of Ethereum (ETH) as the Merge update is set to be completed in a few days. In a new video, pseudonymous analyst Guy tells his 2.1 million YouTube subscribers that interest in Ethereum 2.0 is placating concerns over the forked versions of the blockchain.
Ethereum miners are not ready to jump ship, why this might surprise you
Source: AMBCrypto
Date: Thu, 01 Sep 2022 12:30:20
Ethereum [ETH] mining has been the most profitable option for miners in the recent past. However, with the upcoming Merge, there has been a lot of speculation about ETH miners jumping ship.
Ethereum to $3,000? Analyst Envisions 80% Surge For ETH In September
Source: Zycrypto
Date: Thu, 01 Sep 2022 11:46:35
ETH remains the people's favourite amidst this persistent bear market, mainly due to its recent feats in network activity and the upcoming Merge.
Neutral News
World's Biggest NFT Marketplace Says It Will Only Support Proof-of-Stake Version of Ethereum (ETH)
Source: The Daily Hodl
Date: Thu, 01 Sep 2022 15:55:25
The world's largest marketplace for non-fungible tokens (NFTs) says it will solely support digital collectibles based on the proof-of-stake (PoS) version of Ethereum (ETH) once the Merge update is complete. OpenSea, the marketplace of crypto collectibles with over 80 million in NFT selections and $31.
Here Is How Ethereum (ETH), Fantom (FTM) and Two Other Altcoins Are Set To Perform, Per Analyst
Source: CoinPedia
Date: Thu, 01 Sep 2022 14:47:30
A closely followed crypto analyst and trader has come up with his prediction for Ethereum (ETH) and other three cryptocurrencies. The analyst who is called as Michael van de Poppe informs his 624,300 fanbase on Twitter that the funding rates have come down ahead of Ethereum's upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).
1,918 ETH Worth $2M Was Just Burned
Source: Benzinga
Date: Thu, 01 Sep 2022 13:05:39
What happened: On Wednesday a total of 1,918.43 Ether (CRYPTO: ETH) worth $2,945,121, based on the current value of Ethereum at time of publication ($1,535.17), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.
Negative News
Ethereum Protocol dXdY Causes Controversy Over Face Scan Feature
Source: Bitcoinist
Date: Thu, 01 Sep 2022 15:32:58
The Ethereum-based trading protocol dYdX implemented a new feature called Liveness Check. According to an official post, the feature enables users to scan their facial images with a webcam and verified if it has been used to open a different account on the platform.
As Ethereum Options Open Interest Remains High, Brace for Volatility Ahead of Merge
Source: Cryptonews
Date: Thu, 01 Sep 2022 15:00:00
After a large increase in the open interest (OI) in ethereum (ETH) options contracts over the course of July and the first half of August, warnings have emerged that traders should brace for increased volatility in the nearest term.
Source: The Daily Hodl
Date: Thu, 01 Sep 2022 14:05:28
A widely-followed crypto analyst is predicting that Bitcoin (BTC) is about to be squeezed and subsequently nuked. Pseudonymous analyst Capo explains his reasons to his 501,600 Twitter followers with a new chart suggesting BTC could soon fall to sub-$16,000 levels. BTC reasoning: Shorts have been aping hard, especially below the upper dark zone ($20,700-$20,800).
BINANCEC(BNB)
Current Price: $ 278.24 (24h Changes: 0.53 %)
Current Market Cap: $ 45,429,845,645 (24h Changes: 0.54 %)
Positive News
Top Projects Building on Binance Smart Chain in 2022
Source: Bitcoin Market Journal
Date: Thu, 01 Sep 2022 14:13:19
Binance Smart Chain is the largest smart contract blockchain after Ethereum, by revenue earned. The post Top Projects Building on Binance Smart Chain in 2022 appeared first on Bitcoin Market Journal.
Crypto Explosion: 75% of Total Market Cap Dominated By Only 5 Coins
Source: Bitcoinist
Date: Thu, 01 Sep 2022 11:27:39
There's no stopping crypto and the only way is
Binance, Crypto.com to support for BNB beacon chain upgrade
Source: CryptoSlate
Date: Thu, 01 Sep 2022 10:47:16
BNB's Beacon Chain is set to undergo a major upgrade on September 2 at a block height of 264,000,000. The post Binance, Crypto.com to support for BNB beacon chain upgrade appeared first on CryptoSlate.
Neutral News
Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022
Source: Blockchain News
Date: Thu, 01 Sep 2022 01:21:00
Binance is offering its customers another trading opportunity by launching football fan token index perpetual contracts. The new product is set to help users make the most of market conditions.
Negative News
Coin Race: Top Winners/Losers of August; BNB and Ethereum Most Resilient as Top Coins Bleed
Source: Cryptonews
Date: Thu, 01 Sep 2022 06:35:00
August is over, and fall is upon us, but the crypto market remains as difficult as ever to navigate. As we always do when a month has ended, let's take a look in the rearview mirror to see how the crypto market has performed over the past month.
CARDANO (ADA)
Current Price: $ 0.46 (24h Changes: 2.24 %)
Current Market Cap: $ 15,442,024,089 (24h Changes: 2.24 %)
Positive News
Source: The Daily Hodl
Date: Thu, 01 Sep 2022 15:00:10
Retail trading giant Robinhood is kicking off the new month by adding a top-10 crypto asset to its trading roster. In a new announcement via Twitter, the firm says that scalable decentralized blockchain Cardano (ADA), prompted by customer demand, is now live on the Robinhood platform.
Robinhood Lists Cardano (ADA) Ahead Of Vasil Hard Fork
Source: CoinPedia
Date: Thu, 01 Sep 2022 14:58:25
It's official now! The commission-free investment app Robinhood has now listed Cardano (ADA) along with a few other cryptocurrencies after a huge demand. ADA holders can now buy and sell their Cardano holdings without any additional commission or fees. At the moment, Cardano, the eighth largest cryptocurrency by market cap is trading at $0.
Robinhood Lists Cardano On Platform, ADA Price To Take A Push Upwards?
Source: NewsBTC
Date: Thu, 01 Sep 2022 13:43:25
Popular U.S. brokerage platform Robinhood has listed Cardano (ADA) for its customer. Users will be able to trade the cryptocurrency starting today and gain exposure to its spot price.
Neutral News
IOG Says Cardano Vasil Hard Fork Is Almost Here, But What Is ADA Doing?
Source: NewsBTC
Date: Thu, 01 Sep 2022 13:00:31
With each passing day, Cardano inches closer to one of its most important upgrades yet, the Vasil Hard Fork. IOG, the developer behind the Cardano network, had outlined three important milestones that the network needed to reach for the hard fork to be triggered.
Cardano: What to expect as ADA enters its most critical month
Source: AMBCrypto
Date: Thu, 01 Sep 2022 03:30:48
Cardano [ADA] is just days away from its Vasil upgrade as we enter September 2022. The expectations are high, especially for a pre-upgrade rally as is often the case when blockchain networks implement major changes.
Negative News
Cardano Enthusiasts Are Disappointed With Crypto Exchange Coinbase and Here's Why
Source: Zycrypto
Date: Thu, 01 Sep 2022 14:19:04
By now, it's pretty well established that the Cardano community eagerly awaits moving forward with the long-delayed Vasil upgrade. But U.S.
Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop
Source: Cointelegraph
Date: Thu, 01 Sep 2022 13:48:58
ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors.
RIPPLE (XRP)
Current Price: $ 0.33 (24h Changes: 1.52 %)
Current Market Cap: $ 16,410,203,981 (24h Changes: 1.56 %)
Positive News
Ripple to Accelerate Web3 Development in Japan with New Partnership
Source: UToday
Date: Thu, 01 Sep 2022 14:45:00
Ripple will help to promote btrax's new service in Japan and the Asia-Pacific region
Ripple Partners With Web3 Design Lab To Promote Use of XRP Ledger (XRPL) in Japan
Source: CryptoGlobe
Date: Thu, 01 Sep 2022 10:09:40
On Thursday (September 1), Emi Yoshikawa, Ripple's VP of Corporate Strategy and Operations, talked about an important new strategic partnership for her firm.
XRP Price To Surge 50% in the Month Of September Predicts CoinMarketCap Community
Source: CoinPedia
Date: Thu, 01 Sep 2022 01:32:28
Despite ongoing legal disputes involving Ripple, XRP has maintained its position in the cryptocurrency market and continues to rank among the top ten digital currencies by market capitalization. Investors continue to predict XRP's future price movement as it tries to emerge from the overall crypto bear market despite the lawsuit.
Neutral News
1,000,000,000 XRP Unlocked by Ripple as Whales Shift 404,000,000 Tokens
Source: UToday
Date: Thu, 01 Sep 2022 07:15:00
Fintech behemoth Ripple has shoveled its regular gigantic amount of XRP from escrow
Ripple Plans To Tokenize Colombian Land On Hold By New Administration
Source: DCForecasts
Date: Thu, 01 Sep 2022 06:52:25
Ripple plans to tokenize Colombian land are on hold by the new administration as the initiative was deprioritized by the new Colombian government. The plan was to place land titles on the blockchain.
Negative News
XRP Price: Further Price Reduction Envisaged, There is a Bullish Signal for TAMA
Source: Inside Bitcoins
Date: Thu, 01 Sep 2022 15:26:35
XRP under Sellers' control. The breakup of the resistance level of $0.33 by the Bulls will make the coin rally towards $0.35 price level.
SOLANA (SOL)
Current Price: $ 31.47 (24h Changes: 0.49 %)
Current Market Cap: $ 11,003,520,088 (24h Changes: 0.55 %)
Positive News
Next-Gen dApps Likely To Succeed: Lynqyo, Theta Network & Solana
Source: Crypto Daily
Date: Thu, 01 Sep 2022 09:30:00
With attractive features like an open-source protocol, smart contracts, and a peer-to-peer network, dApps are one of the best innovations associated with blockchain. In terms of potentials, Lynqyo (LNQ), Theta Network (THETA), and Solana (SOL) top our list as the most likely dApps to succeed.
Crypto News Flash: Why Should Every Trader Buy Solana, Aave, and HypaSwap?
Source: The Cryptonomist
Date: Thu, 01 Sep 2022 09:13:02
As a crypto trader, you need to be conscious of your trading choices to minimise your exposure to losses. However, it's important to note that certain crypto tokens have a potential to offer more benefits than others.
Neutral News
Helium (HNT) Crypto Developers Want to Ditch Their Own Chain for Solana
Source: Investorplace
Date: Thu, 01 Sep 2022 14:08:49
The HNT crypto is on a downswing in response to Nova Labs developers' proposal to move Helium to the Solana network.
Biggest Movers: SOL Slips Towards Multi-Month Low, as LTC Surges on Thursday
Source: Bitcoin
Date: Thu, 01 Sep 2022 13:30:49
Solana was back in the red on Thursday, as the token fell towards a three-month low in today's session. The decline comes as cryptocurrency markets fell lower, trading down by as much as 2.39% as of writing. Litecoin was a notable exception, climbing for a second successive session.
Layer by Layer Issue 44: Avalanche, Solana, and Cosmos
Source: The Block
Date: Thu, 01 Sep 2022 13:02:58
Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding L1 teams continue to optimize for greater scalability and cross-chain communication, but on-chain metrics point to declining activity in DeFi protocols across the board This week, we check in with Avalanche, Solana, and Cosmos
Negative News
Why Ethereum, Dogecoin, and Solana Are All Losing Altitude Today
Source: The Motley Fool
Date: Thu, 01 Sep 2022 13:41:52
These three large-cap tokens are feeling the effects of leverage in the crypto market today.
Solana price analysis: SOL takes a downturn to the $30 range. Is a break lower ahead?
Source: Cryptopolitan
Date: Thu, 01 Sep 2022 12:57:33
The Solana price analysis is bearish as it shows the cryptocurrency has been devalued to the $30.5 limit as the bearish momentum has been revived. The price function is headed down again, and the red candlestick is marking the loss in price as the downward trend has been restored.
OptiFi: Solana-based DEX loses $661,000 due to programming error
Source: Cryptopolitan
Date: Thu, 01 Sep 2022 11:07:54
Routine updates prove fatal sometimes, which is why developers check updates to programs regularly. Sometimes a small error causes a big loss to the whole system.
NEAR (NEAR)
Current Price: $ 4.25 (24h Changes: -0.56 %)
Current Market Cap: $ 3,293,023,290 (24h Changes: -0.71 %)
Neutral News
$NEAR Listed on Coinbase 10 Days Before Start of Huge Developer Event in Lisbon
Source: CryptoGlobe
Date: Thu, 01 Sep 2022 04:20:18
$NEAR, which is the native utility token of the NEAR network (formerly known as Near Protocol), is set to start trading on Coinbase. Here is what Binance Research said about NEAR back in October 2020: NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today's web.
The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by https://unsplash.com/@artrachen
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