What Happens To L1 Tokens Today? (03 Jan 2023, Tuesday)


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BITCOIN (BTC)

Current Price: $ 16,724.64 (24h Changes: 0.7 %)

Current Market Cap: $ 321,909,527,071 (24h Changes: 0.64 %)

Positive News

Aurélien Ohayon: bitcoin bottomed and headed for $500,000

Source: Crypto news

Date: Mon, 02 Jan 2023 13:06:20

Aurélien Ohayon — trader and CEO of algorithmic crypto trading firm XOR Strategy — suggested that bitcoin's (BTC) price is headed towards a $500,000 milestone.

Bitcoin and Ethereum Start 2023 in the Green—But Only Slightly

Source: Decrypt

Date: Mon, 02 Jan 2023 11:09:29

The two biggest cryptocurrencies have climbed slightly in the past 24 hours, but remain down on the week after an inauspicious end to 2022.

Bitcoin Price May Surge Within Six Months, Crypto Capital Venture Founder Explains Why

Source: UToday

Date: Mon, 02 Jan 2023 10:39:00

Crypto influencer believes that current bear market is not worse than one before it

Neutral News

Bitcoin's stock-to-flow deflection at all-time low: model creator believes it is still valid

Source: Crypto news

Date: Mon, 02 Jan 2023 14:38:33

Bitcoin's current price is at its as far away as it has ever been compared to the stock-to-flow (S2F) model's value estimation.

Bitcoin Mining Used More Electricity Than Sweden in 2022, Says Report

Source: BeInCrypto

Date: Mon, 02 Jan 2023 14:35:00

Bitcoin mining reportedly exceeded Sweden's electricity usage last year, yet alternatives are emerging in the mining mix. The post Bitcoin Mining Used More Electricity Than Sweden in 2022, Says Report appeared first on BeInCrypto.

Crypto Experts Weigh in on Bitcoin Price Predictions for 2023

Source: BeInCrypto

Date: Mon, 02 Jan 2023 13:52:29

Some experts believe Bitcoin's price will fall in 2023, while others say that Bitcoin's sentiment-driven behavior renders predictions futile. The post Crypto Experts Weigh in on Bitcoin Price Predictions for 2023 appeared first on BeInCrypto.

Negative News

Bitcoin core developer claims to have lost 200+ BTC in the latest hack

Source: Coinnounce

Date: Mon, 02 Jan 2023 12:08:40

One of the founding members of the Bitcoin core team, Luke Dashjr, asserts that a hack that happened soon before the new year caused him to lose "essentially" all of his bitcoins.

Research: Short-term Bitcoin holders fell to its lowest level at 15% of the supply

Source: CryptoSlate

Date: Mon, 02 Jan 2023 12:01:16

The Supply Last Active metric looks at the amount of inactive Bitcoin over a given time period. The post Research: Short-term Bitcoin holders fell to its lowest level at 15% of the supply appeared first on CryptoSlate.

A Look Back at Bitcoin's Performance in 2022

Source: Coindesk

Date: Mon, 02 Jan 2023 11:30:00

Bitcoin (BTC) is trading at $16,500 after falling roughly 65 percent year-to-date. This comes as digital assets have had a historically lousy year, with crypto's total market cap falling below $800 billion, according to data from TradingView.

 

ETHEREUM (ETH)

Current Price: $ 1,217.96 (24h Changes: 1.23 %)

Current Market Cap: $ 146,730,578,365 (24h Changes: 1.22 %)

Positive News

Ethereum climbs back above $1200, but watch out for this resistance

Source: AMBCrypto

Date: Mon, 02 Jan 2023 13:30:51

Much like Bitcoin, Ethereum also had a quiet festive season on the price charts. Not much volatility was witnessed.

Top 5 Altcoins to Watch in January 2023

Source: BeInCrypto

Date: Mon, 02 Jan 2023 12:45:00

Top 5 Altcoins to Watch in January 2023: The Coti (COTI) hard fork went live on Dec. 29, while the Flare airdrop will finally go live on Jan. 9. The Chiliz (CHZ) mainnet will launch in the first quarter of 2023.

Bitcoin and Ethereum Start 2023 in the Green—But Only Slightly

Source: Decrypt

Date: Mon, 02 Jan 2023 11:09:29

The two biggest cryptocurrencies have climbed slightly in the past 24 hours, but remain down on the week after an inauspicious end to 2022.

Neutral News

Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC

Source: Cointelegraph

Date: Mon, 02 Jan 2023 13:12:44

The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.

Ethereum mainnet transactions hit lowest point since April 2021

Source: Crypto news

Date: Mon, 02 Jan 2023 11:09:36

Transaction volume on the ethereum network fell to its lowest point since April 2021.

Top five crypto trends of 2023: From self custody to the Ethereum Surge

Source: Proactive Investors

Date: Mon, 02 Jan 2023 04:16:36

Now that 2022 is out of the way, we're taking a dive into what will be the big cryptocurrency talking points around the virtual water cooler in 2023, and which projects may be worth keeping an eye on as the year progresses. Far from a complete list, but the following were chosen as a direct response to the drama that faced us in 2022.

 

BINANCE (BNB)

Current Price: $ 246.98 (24h Changes: 0.53 %)

Current Market Cap: $ 40,274,778,650 (24h Changes: 0.53 %)

Neutral News

Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC

Source: Cointelegraph

Date: Mon, 02 Jan 2023 13:12:44

The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.

 

CARDANO (ADA)

Current Price: $ 0.25 (24h Changes: 2.31 %)

Current Market Cap: $ 8,930,572,496 (24h Changes: 2.17 %)

Positive News

Here's Why Cardano (ADA) Could Be “Altcoin Of The Year” In 2023

Source: CoinPedia

Date: Mon, 02 Jan 2023 11:34:50

Cryptocurrencies are trying to gain stability, but Cardano, the ninth largest, is facing challenges in maintaining bullish momentum.  Despite a difficult year in 2022, altcoins like Cardano, Ethereum, and Polygon have seen significant developer activity and partnerships, which market experts believe will drive the price of the currency. Currently, Cardano is selling at $0.

Cardano Spikes 4% in a Day, but Is The Worst Over? (ADA Price Analysis)

Source: CryptoPotato

Date: Mon, 02 Jan 2023 11:16:33

After making a lower low in December, Cardano surprised the market in the new year by opening in green. Key Support levels: $0.24, $0.20 Key Resistance levels: $0.30, $0.34 Optimism is building up as Cardano seems to have found good support at $0.24.

Why Cardano (ADA) Could Be A Rewarding Altcoin To Hold In 2023?

Source: Coingape

Date: Mon, 02 Jan 2023 07:49:02

Cardano Price News: Amid an unfavorable macroeconomic environment, certain altcoins continued to make progress in terms of development in 2022. Cryptocurrencies like Cardano (ADA), Ethereum (ETH) and Polygon (MATIC) displayed high developer activity and institutional partnerships in recent times.

Neutral News

Charles Hoskinson To Test Cardano's New Wallet With $1,000,000 Worth Of ADA Experiment

Source: Zycrypto

Date: Mon, 02 Jan 2023 14:22:37

Cardano (ADA) has experienced an all-around growth this year from network security to non-fungible tokens (NFTs), and now its latest wallet has been rolled out for early adoption.

Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC

Source: Cointelegraph

Date: Mon, 02 Jan 2023 13:12:44

The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.

Cardano's DeFi Industry Might Grow Substantially in 2023, Here's How

Source: UToday

Date: Mon, 02 Jan 2023 07:11:00

Cardano's growth might be possibility in new year thanks to long-awaited decentralized solutions

Negative News

Cardano Enters 2023 With A Bang, But ADA Still Bearish In The Short Term 

Source: NewsBTC

Date: Mon, 02 Jan 2023 12:20:40

Cardano (ADA) started 2023 with an upward trend that retested the $0.2522 resistance level but has since failed to gather any meaningful momentum to sustain the run. As of writing, Coingecko notes an increase of a measly 0.2%.

‘Black Swan' Author Attacks Credibility of Lex Friedman, Gets Slammed by Cardano Founder

Source: CryptoGlobe

Date: Mon, 02 Jan 2023 07:13:18

On Monday (2 January 2023), Charles Hoskinson, Co-Founder and CEO at Input Output Global (“IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), made it very clear clear what he thinks about Nassim Nicholas Taleb, the best-selling author of “Black Swan”. Taleb is a Lebanese-American essayist, scholar, mathematical statistician, and former quantitative trader.

Cardano founder calls ‘Black Swan' N. Taleb ‘human garbage' as Twitter row heats up

Source: Finbold

Date: Mon, 02 Jan 2023 06:42:35

Charles Hoskinson, the founder of Cardano (ADA) and co-founder of the Ethereum (ETH) network, tweeted furiously about the famed trader and ‘ The Black Swan ‘ author Nassim Taleb on January 2, labeling the writer a “piece of human garbage” over a Twitter thread published by Taleb on his account.

 

RIPPLE (XRP)

Current Price: $ 0.35 (24h Changes: 3.88 %)

Current Market Cap: $ 17,742,635,976 (24h Changes: 4.05 %)

Positive News

XRPL Remains Foremost in Payments With Launch of This Feature in 2012: Details

Source: UToday

Date: Mon, 02 Jan 2023 08:32:00

XRP Ledger boasts of unique features unlike any digital asset that came before it

Bitboy: Gary Gensler to resign, Ripple to win in 2023

Source: Crypto news

Date: Mon, 02 Jan 2023 07:53:34

Using the moniker BitBoy, Ben Armstrong produced a forecast for 2023 that is extraordinarily positive. Armstrong believes that Gary Gensler, the regulator's current head, should be forced to step down in the upcoming year.

XRP Price Prediction as XRP Climbs Back Above $0.30, Can it Get to $1 Soon?

Source: Cryptonews

Date: Mon, 02 Jan 2023 06:32:00

XRP price has printed a green candle alongside other selected cryptos like Bitcoin (BTC), which is up 1.1% and Ethereum (ETH), up 2% on the day. The international money transfer token's move above $0.30 could be seen as a New Year gift to investors still reeling from the 2022 crypto winter.

Neutral News

XRP Whales Moves Over 200,000,000 Tokens As Ripple Unlocks Escrow Funds: On-Chain Data

Source: The Daily Hodl

Date: Mon, 02 Jan 2023 14:05:47

XRP whales are making major waves, moving over 200 million tokens to start the new year. According to new data from whale-surveying platform WhaleAlert, 70,000,000 XRP were moved from an unknown wallet to crypto exchange Bitstamp yesterday in two separate transactions.

Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC

Source: Cointelegraph

Date: Mon, 02 Jan 2023 13:12:44

The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.

Popular Youtuber BitBoy Crypto Predicts Outcome Of Ripple Vs SEC Lawsuit

Source: CoinPedia

Date: Mon, 02 Jan 2023 12:08:26

The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is a significant legal case that has garnered a lot of attention in the cryptocurrency industry.

Negative News

Why Ripple, SEC may steer clear of settling; CTO excuses XRP's underperformance

Source: AMBCrypto

Date: Mon, 02 Jan 2023 14:30:09

The two-year-long Ripple [XRP] battle against the SEC might not end in a settlement, John .E. Deaton opined in his 1 January tweet.

XRP Price Might Crash Hard in 2023: Analyst Maps Low Levels

Source: CoinPedia

Date: Mon, 02 Jan 2023 06:16:19

The price of XRP has recently been rejected at important points as the asset continues to be impacted by numerous events, from legal to market sentiment. cryptocurrency analyst Michal van de Poppe stated that XRP has encountered resistance at the $0.37 level and may return to the $0.343 level quickly based on its previous movement.

XRP Price Suddenly Plummets By 12% – Here's What's Going On

Source: NewsBTC

Date: Mon, 02 Jan 2023 03:45:12

The XRP price has experienced a harsh downward movement in the early morning hours of the Asian market (9 am in Tokyo). Within 45 minutes, the price dropped from $0.3394 to $0.2998, meaning that XRP experienced a drop of a whopping 12%.

 

SOLANA (SOL)

Current Price: $ 11.26 (24h Changes: 12.37 %)

Current Market Cap: $ 4,130,778,633 (24h Changes: 12.42 %)

Positive News

Vitalik Buterin Tweets Support of Solana

Source: Coindesk

Date: Mon, 02 Jan 2023 12:30:04

"The Hash" panel discusses the outlook for Solana as its native token SOL erased most of Thursday's 15% fall after Ethereum co-founder Vitalik Buterin tweeted support for the blockchain most battered by FTX's implosion. “Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future,” Buterin tweeted shortly before SOL's Thursday recovery began.

SOL Jumps 15% In 24 Hours As Solana Receives Support From Ethereum Founder

Source: NewsBTC

Date: Mon, 02 Jan 2023 12:00:15

Solana (SOL) has been completely engulfed in FUD since the FTX crash. This invariably resulted in the price of the token declining much faster than the rest of the market, and last week, SOL touched single-digit values for the first time in almost two years.

Solana recovers for a few days following Buterin's support

Source: Crypto news

Date: Mon, 02 Jan 2023 11:51:34

Solana's value recovered recently, leading some to speculate that this could be the result of Vitalik Buterin's recent expression of confidence in the platform. 

Negative News

Solana Is Losing Its Touch With NFTs As Major Projects Announce Departure

Source: Zycrypto

Date: Mon, 02 Jan 2023 14:10:39

More troubles pile on for the community dubbed “Eth killer” Solana with its Non-Fungible Token (NFT) division which has been its highest winner this year losing two top projects.

Solana: These datasets could intrigue traders planning on ‘selling their SOL'

Source: AMBCrypto

Date: Mon, 02 Jan 2023 09:30:24

Solana [SOL] can be considered as one of the cryptocurrencies that was impacted the most during this bearish market. However, SOL holders could take a sigh of relief.

5 Crypto Coins That Performed Worst In 2022

Source: Coingape

Date: Mon, 02 Jan 2023 06:29:35

There's no doubt that 2022 was a tough year for crypto. It might have started with the hangover of 2021's bull market but was engulfed by Terra's crash and the collapse of FTX.

 

AVALANCHE (AVAX)

Current Price: $ 11.18 (24h Changes: 2.43 %)

Current Market Cap: $ 3,481,073,136 (24h Changes: 2.39 %)

Neutral News

What is the Avalanche cryptocurrency?

Source: The Cryptonomist

Date: Mon, 02 Jan 2023 02:00:41

A summary of the main features of the Avalanche ecosystem, and its native cryptocurrency AVAX

Negative News

Avalanche Exits 2022 With 10% Decline – Will AVAX Recoup That Loss This Week?

Source: NewsBTC

Date: Mon, 02 Jan 2023 06:41:38

Avalanche recorded a number of significant developments, which was encouraging for AVAX since it enhanced the network's value. Before 2022 came to a close, the network revealed that it had partnered with Dua.com, a SocialFi that had picked Avalanche to develop its “Fi.

 

COSMOS (ATOM)

Current Price: $ 9.86 (24h Changes: 4.34 %)

Current Market Cap: $ 2,885,554,169 (24h Changes: 4.17 %)

Positive News

Top cryptocurrencies to start 2023 with

Source: Invezz

Date: Mon, 02 Jan 2023 05:52:41

Polygon (MATIC/USD), PancakeSwap (CAKE/USD), and Cosmos (ATOM/USD) have all seen a spike in trading volume throughout the past 24 hours.

Cryptocurrency Price Today: Polkadot, The Sandbox, Cosmos Jumps Over 3%; Market Trading In Green

Source: Coingape

Date: Mon, 02 Jan 2023 01:43:04

Cryptocurrency Price Today: The market is trading in green as major coins jump up after entering 2023. As of writing, Polkadot increases by 3.54%.

Neutral News

Cosmos (ATOM) Price Ready to Leap if It Breaks This Critical Resistance Level

Source: BeInCrypto

Date: Mon, 02 Jan 2023 06:00:00

The ATOM price is attempting to break out from the $10 resistance area. If it is successful, an upward movement toward $12.80 could ensue.

 

POLKADOT (DOT)

Current Price: $ 4.52 (24h Changes: 3.59 %)

Current Market Cap: $ 5,363,314,861 (24h Changes: 3.33 %)

Positive News

Bullish Divergence on RSI Hints at Potential Polkadot (DOT) Price Breakout

Source: BeInCrypto

Date: Mon, 02 Jan 2023 08:00:00

The Polkadot price is moving upward toward the $5.10 confluence of resistance levels. While it seems likely that it will get there, whether it will break out or not seems unclear.

Cryptocurrency Price Today: Polkadot, The Sandbox, Cosmos Jumps Over 3%; Market Trading In Green

Source: Coingape

Date: Mon, 02 Jan 2023 01:43:04

Cryptocurrency Price Today: The market is trading in green as major coins jump up after entering 2023. As of writing, Polkadot increases by 3.54%.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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