What Happens To L1 Tokens Today? (04 Nov 2022, Friday)

What Happens To L1 Tokens Today? (04 Nov 2022, Friday)


"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.

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BITCOIN (BTC)

Current Price: $ 20,241 (24h Changes: 0.05 %)

Current Market Cap: $ 388,398,950,749 (24h Changes: 0.43 %)

Positive News

Payments Giant MoneyGram Enables Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) Trading on App

Source: The Daily Hodl

Date: Thu, 03 Nov 2022 15:55:26

Payments company MoneyGram is rolling out a new service that allows consumers to buy, sell and hold crypto assets using the company's mobile app.

Fidelity to offer commission-free BTC and ETH Trading to Retail Investors

Source: Cryptopolitan

Date: Thu, 03 Nov 2022 15:53:45

The world's largest investment firm Fidelity appears to be allowing individual investors to trade Bitcoin and Ethereum. An early access waitlist for investors to trade both assets has been established by the $4.5 trillion asset manager, giving 34 million investors potential access to cryptocurrencies.

Strategist Who Correctly Called Massive Bitcoin and Crypto Crash Forecasts Imminent Bitcoin (BTC) Bounce – With a Catch

Source: The Daily Hodl

Date: Thu, 03 Nov 2022 14:05:54

The crypto strategist who accurately predicted crypto's 2022 crash now sees Bitcoin (BTC) bouncing with a major catch. Pseudonymous trader Capo tells their 575,800 Twitter followers that they still think BTC will bounce as high as $21,500 after Fed chair Jerome Powell's speech yesterday announcing another interest rate hike. “No changes with the Powell speech.

Neutral News

Marathon Increased Its Bitcoin Hashrate By 84% In Oct, Mining A Record 615 BTC

Source: Bitcoinist

Date: Thu, 03 Nov 2022 15:00:06

Crypto miner Marathon Digital increased its Bitcoin hashrate by 84% in October, and mined a record 615 BTC during the month.

Energy Company Turned Miner Produced A Record 532 BTC In October

Source: Bitcoin Magazine

Date: Thu, 03 Nov 2022 13:30:55

CleanSpark saw a record bitcoin production in October following recent investments in growth amid a battered mining market.

$1B Of Bitcoin Transferred Multiple Times In Mysterious Activity

Source: Benzinga

Date: Thu, 03 Nov 2022 12:58:58

Bitcoin's (CRYPTO: BTC) blockchain reported a massive transaction on Wednesday, Nov. 2. That was just over 24 hours before the coin reported a trading volume spike which was followed by a minor sell-off.

Negative News

Bitcoin Puell Multiple Retests Downtrend Line, Will It Break Above This Time?

Source: NewsBTC

Date: Thu, 03 Nov 2022 15:00:45

On-chain data shows the Bitcoin Puell Multiple is currently retesting the downtrend line, will the metric be able to break above it this time? Bitcoin Puell Multiple Has Gone Up A Bit During Recent Days As pointed out by an analyst in a CryptoQuant post, a trend reversal could be nearing in the BTC market.

Bitcoin's $20K support looks weak, but pro traders are neutrally positioned

Source: Cointelegraph

Date: Thu, 03 Nov 2022 15:00:00

New data shows how pro traders are positioned as BTC price continues to encounter resistance at $21,000.

Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning

Source: Cointelegraph

Date: Thu, 03 Nov 2022 13:47:55

Potential headwinds are gathering for risk assets as Bitcoin puts FOMC volatility behind it.

ETHEREUM (ETH)

Current Price: $ 1,541.31 (24h Changes: 2.24 %)

Current Market Cap: $ 185,763,094,204 (24h Changes: 2.0 %)

Positive News

Payments Giant MoneyGram Enables Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) Trading on App

Source: The Daily Hodl

Date: Thu, 03 Nov 2022 15:55:26

Payments company MoneyGram is rolling out a new service that allows consumers to buy, sell and hold crypto assets using the company's mobile app.

Fidelity to offer commission-free BTC and ETH Trading to Retail Investors

Source: Cryptopolitan

Date: Thu, 03 Nov 2022 15:53:45

The world's largest investment firm Fidelity appears to be allowing individual investors to trade Bitcoin and Ethereum. An early access waitlist for investors to trade both assets has been established by the $4.5 trillion asset manager, giving 34 million investors potential access to cryptocurrencies.

Gold Is No Longer As Valuable As Crypto, Says Ethereum's Co-Founder

Source: Invezz

Date: Thu, 03 Nov 2022 15:24:43

A common theme has dominated cryptocurrency news headlines in 2022: there have been far more lows than highs. Most notably, the prices of a handful of the well-known companies in the crypto universe have fallen dramatically in the past few months. These include Bitcoin (BTC/USD) and Ethereum (ETH/USD).

Neutral News

Ethereum's L2 Wars Heat Up

Source: Trustnodes

Date: Thu, 03 Nov 2022 13:44:28

The L2 space is becoming fiercely competitive as projects code through what we're calling crypto rocket science.

Ethereum Layer 2 Protocols Set New Weekly High For Transactions

Source: EWN

Date: Thu, 03 Nov 2022 11:30:00

Layer 2 transactions on Ethereum's blockchain hit a new seven-day high, Orbiter Finance data showed. Orbiter's dashboard recorded over 5.78 million transactions between October 27 and November 2.

What to Expect From Ethereum's “Shanghai†Upgrade?

Source: CoinPedia

Date: Thu, 03 Nov 2022 06:57:31

Following a successful deployment of the Proof-of-Stake (PoS) consensus mechanism via the Merge event, the Ethererum network is readying to introduce other system updates via the Shanghai upgrade. As the second most valuable blockchain network by market capitalisation, Ethereum's upgrades are given more attention due to the sheer amount of locked assets.

Negative News

Ethereum: Scammers made millions, thanks to the word ‘Merge'

Source: AMBCrypto

Date: Thu, 03 Nov 2022 15:00:05

It has been a little over seven weeks since Ethereum made the landmark transition from its energy-intensive proof-of-work consensus protocol to the environment-friendly proof-of-stake consensus mechanism.  So far, the outcome of this much-anticipated merge has been debatable.

Ethereum Must Hold $1,500 Or Risk A Decline To $1,300

Source: NewsBTC

Date: Thu, 03 Nov 2022 13:00:06

Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing.

Ethereum (ETH) Price Struggles At $1,540; Is $1,700 Still Realistic For Bulls?

Source: NewsBTC

Date: Thu, 03 Nov 2022 11:59:03

ETH's price slowed down after showing so much strength as it rallied to a high of $1,600 but got rejected as the price maintained downward.   ETH could suffer retracement as the price holds above the key support area, holding the price off from sellers with hopes of a rebound.

 

BINANCE (BNB)

Current Price: $ 330.53 (24h Changes: 3.19 %)

Current Market Cap: $ 53,883,745,669 (24h Changes: 4.11 %)

Positive News

BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally

Source: Cointelegraph

Date: Thu, 03 Nov 2022 11:30:00

BNB price took a brief breather after a recent double-digit rally, but the network's TVL and DApp use are reasons for investors to remain bullish.

Forget Dogecoin, This Crypto Could Be the Even Bigger Winner From Elon Musk's Twitter Takeover

Source: The Motley Fool

Date: Thu, 03 Nov 2022 07:00:00

Behind the scenes, this crypto may be ready to play a more important role in the future of Twitter than Dogecoin.

Why Elon Musk Owning Twitter Will Be a Boost for Crypto

Source: The Motley Fool

Date: Thu, 03 Nov 2022 06:30:00

Crypto Twitter may get a boost from Musk's subscription product and some influential crypto investors.

Neutral News

4 Cryptos To Watch: BNB, Axie Infinity, Dogecoin, And BudBlockz

Source: CoinPedia

Date: Thu, 03 Nov 2022 00:48:20

Some crypto coins have ended October with a loud bang, so many crypto holders see their portfolios slowly recovering after this long crypto winter. For some optimists, the market appears to enter a new bullish phase, which could erase all the losses from the previous months.

 

CARDANO (ADA)

Current Price: $ 0.39 (24h Changes: 1.62 %)

Current Market Cap: $ 13,828,946,091 (24h Changes: 3.14 %)

Positive News

Demand for Wafini's Utility Token WFI Surges as Project Nears Beta Launch on Cardano

Source: CryptoPotato

Date: Thu, 03 Nov 2022 09:15:58

[PRESS RELEASE – Please Read Disclaimer] Wafini, a community-driven DAO-powered decentralized NFT Marketplace project on Cardano, is set to release it's initial first look of the Wafini Marketplace Demo in the coming weeks which will be followed up by Wafini's beta launch on Cardano's Mainnet.

$ADA: South Korean ‘Crypto Bank' About To List Cardano and Launch Staking Service

Source: CryptoGlobe

Date: Thu, 03 Nov 2022 08:54:36

Delio, which claims to be South Korea's first cryptocurrency bank, is reportedly about to list Cardano's $ADA token and plans to launch a staking service for it.

FTX to List ADA Soon! Sam Bankman-Fried Sees Cardano As A New Blockchain

Source: CoinPedia

Date: Thu, 03 Nov 2022 06:54:33

On Wednesday, Cardano (ADA) fell 3.74%. Following a 1.23% decline on Tuesday, ADA finally closed at $0.386. Notably, this was the first time in sex sessions that the asset closed below $0.400.

Neutral News

Predicting ADA's potential to close above its 50-day moving average

Source: AMBCrypto

Date: Thu, 03 Nov 2022 15:30:23

Cardano broke down from its long-term descending triangle to reveal a solid bearish edge. The crypto network's development activity has been consistently rising since April.

Exodus Wallet on Adding Cardano Native Tokens: “Never Say Neverâ€

Source: UToday

Date: Thu, 03 Nov 2022 14:10:55

Non-custodial private crypto wallet Exodus hasn't ruled out adding support for Cardano

ADA Fails at a Critical Resistance But Another Rally Still Possible (Cardano Price Analysis)

Source: CryptoPotato

Date: Thu, 03 Nov 2022 11:14:48

Cardano failed to rally higher after losing momentum, and now the bears appear in control. Will the key support hold?

Negative News

Update on Cardano from FTX CEO Causes Frustration Following MASK Listing

Source: UToday

Date: Thu, 03 Nov 2022 07:02:00

Sam Bankman-Fried receives backlash from Cardano community following MASK listing

Bearish Signals Flash for Cardano: This is Why the ADA Price May Not Reach $0.6 in 2022!

Source: CoinPedia

Date: Thu, 03 Nov 2022 07:01:52

While the majority of crypto assets are preparing to reclaim the positions they held prior to the May 2022 crash, Cardano (ADA) is making new lows every day. Market trends and sentiments have only had a minor impact on the price, which remains bearish.

 

RIPPLE (XRP)

Current Price: $ 0.46 (24h Changes: 1.91 %)

Current Market Cap: $ 22,908,991,696 (24h Changes: 2.0 %)

Positive News

Top 3 cryptocurrencies To Buy in 2023

Source: CryptoTicker

Date: Thu, 03 Nov 2022 11:03:30

This article is all about the top 3 cryptocurrencies that could take off in 2023. Let's take a look at it in more detail.

3 Cryptos to Buy Before the Market Starts to Soar in 2023

Source: Investorplace

Date: Thu, 03 Nov 2022 10:54:45

The search for cryptos to buy is starting to heat up, with anticipation around the potential for monetary policy easing picking up.

Amicus Briefs Are Boosting Ripple's Case and Weakening SEC's Arguments in XRP Lawsuit, Says Crypto Legal Expert

Source: The Daily Hodl

Date: Thu, 03 Nov 2022 10:30:45

Crypto legal expert Jeremy Hogan says the amicus briefs filed in the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple are harming the SEC's case. Hogan says the amicus briefs are strengthening Ripple's case in the lawsuit the markets regulator filed against Ripple alleging XRP to be an unregistered security.

Neutral News

Goldman Sachs Classifies XRP, Shiba Inu and Other Cryptocurrencies

Source: UToday

Date: Thu, 03 Nov 2022 11:18:00

Goldman Sachs has developed an "adult framework" for cryptocurrency that will be used by institutional investors to get better understanding of industry

Ripple vs SEC: Another Crypto Platform Comes In Support Of Ripple In Its Case Against SEC

Source: CoinPedia

Date: Thu, 03 Nov 2022 08:12:23

Cryptilian payment systems wrote an email yesterday addressed to Judge Analysa Torres in regard to the Ripple vs SEC lawsuit case. The company filed an amicus brief supporting Ripple's opposition to the Security Exchange motion for summary judgment.

XRP Price Prediction: Is $1 Possible Before 2023 Or Are These Penny Cryptos Better?

Source: CryptoNewsFlash

Date: Thu, 03 Nov 2022 08:04:00

XRP, the native cryptocurrency of Ripple, has witnessed upwards price momentum since September 2022.

Negative News

Ripple vs SEC: Crypto Youtuber Ben Armstrong Participating in Lawsuit Supporting XRP Army

Source: CoinPedia

Date: Thu, 03 Nov 2022 00:53:37

One of the longest-running legal battles in the history of cryptocurrencies between Ripple, a leader in crypto payments, and the SEC, the US stock exchange's regulator, appears to be coming to a close. The latest development, SEC v.

 

SOLANA (SOL)

Current Price: $ 31.28 (24h Changes: 2.04 %)

Current Market Cap: $ 11,233,553,318 (24h Changes: 2.96 %)

Positive News

Solana: This recent update could hold the answers to network stability

Source: AMBCrypto

Date: Thu, 03 Nov 2022 11:30:28

Despite its capabilities, Solana has been beset by what seems to be a curse: uncontrollable outages. The chain has experienced seven outages since its founding in 2020, each for a different cause.

Crypto Exchange Kraken Launches NFT Marketplace With Whitelisted $ETH and $SOL Collections

Source: CryptoGlobe

Date: Thu, 03 Nov 2022 11:00:00

Popular cryptocurrency exchange Kraken has launched its non-fungible token (NFT) marketplace with whitelisted collections on the Ethereum ($ETH) and Solana ($SOL) networks. The marketplace is designed to be “the most secure and accessible†in the ecosystem.

Kraken Launches 70 Ethereum, Solana NFT Collections on New ‘Gasless' Marketplace

Source: Decrypt

Date: Thu, 03 Nov 2022 08:58:03

Crypto exchange Kraken is hoping to take on NFT giants OpenSea with gasless transactions and built-in rarity tools.

Neutral News

20% of Solana Nodes Are Now Gone, 16.9% of Ethereum Now at Risk

Source: UToday

Date: Thu, 03 Nov 2022 06:24:00

Network is facing some serious issues after one of biggest hostings drops support for network

Ethereum based Solana and Polygon NFTs can be traded by 4 billion users worldwide – Facebook and Instagram

Source: CryptoNewsFlash

Date: Thu, 03 Nov 2022 05:51:45

Instagram creators will soon be able to mint and trade their NFTs on and off the platform.

How Does Mushe (XMU) Compare To Tamadoge (Tama) And Solana (SOL)

Source: CoinPedia

Date: Thu, 03 Nov 2022 05:42:56

The cryptocurrency world keeps improving and gaining popularity among online users and investors. This popularity creates excitement in the mind of users who want to invest in new projects. Purchasing a particular cryptocurrency is common for most online users, but investing in projects with high potential is necessary.

Negative News

Solana price analysis: Bears drag price levels down to $31.19

Source: Cryptopolitan

Date: Thu, 03 Nov 2022 12:42:04

The latest Solana price analysis is showing signs of a downtrend, as the price has been following a decreasing movement for the last 24 hours. Although the cryptocurrency was under the bullish influence earlier this week, bears have taken control and dragged SOL/USD levels down to $31.19 at the time of writing.

20% of Solana nodes are down, possible risk for 16.9% of Ethereum nodes – Report

Source: CryptoNewsFlash

Date: Thu, 03 Nov 2022 09:53:09

Hetzner has limited access to its serves for Solana validators asking them to delete all their activity tied to Solana.

Solana Price Prediction: Why SOL Continues to Struggle

Source: InvestingCube

Date: Thu, 03 Nov 2022 07:37:53

Since October 21, Solana's price has been in an aggressive bullish trend, which has seen its prices surge to almost 30 per cent

 

AVALANCHE (AVAX)

Current Price: $ 18.31 (24h Changes: 3.42 %)

Current Market Cap: $ 5,472,092,284 (24h Changes: 4.07 %)

Neutral News

AVAX embarks on a relief sell-off; is it the right time to buy

Source: AMBCrypto

Date: Thu, 03 Nov 2022 07:30:01

AVAX is off to a bearish start this month, which is unsurprising considering its 35% upside at its recent peak, from October lows. This is contrary to AVAX's bullish long-term outlook underscored by healthy developments.

 

NEAR (NEAR)

Current Price: $ 3.05 (24h Changes: 4.91 %)

Current Market Cap: $ 2,497,094,206 (24h Changes: 4.75 %)

Negative News

NEAR abandons its native stablecoin to avoid a Terra-style scenario

Source: Invezz

Date: Thu, 03 Nov 2022 14:49:03

Like a spark, USN shined for a short time, then faded. Issued by Decentral Bank (DCB) in April 2022, it became the first native stablecoin in the NEAR ecosystem – one of the largest crypto communities comprising almost 900 crypto projects and boasting high scalability amid low fees.

Near Protocol-based Skyward Finance Hacked, Token Crashes

Source: Crypto news

Date: Thu, 03 Nov 2022 06:41:10

Trending IDO platform Skyward Finance has announced the collapse of its treasury and token. $SKYWARD is now ineffective and worthless.

Skyward Finance suffers $3 million exploit on Near Protocol

Source: The Block

Date: Thu, 03 Nov 2022 05:00:51

An unknown hacker siphoned $3 million from Skyward Finance, a launchpad project on Near Protocol. The post Skyward Finance suffers $3 million exploit on Near Protocol appeared first on The Block.

 

COSMOS (ATOM)

Current Price: $ 13.66 (24h Changes: 4.13 %)

Current Market Cap: $ 3,998,169,476 (24h Changes: 4.0 %)

Negative News

Australia's Cosmos Asset Management To De-list Two Crypto ETFs

Source: Crypto news

Date: Thu, 03 Nov 2022 04:01:23

Cosmos Bitcoin ETF and cosmos Ethereum ETF are now the latest casualties of the bearish market, as Cosmos asset management is set to delist the duo.

 

POLKADOT (DOT)

Current Price: $ 6.49 (24h Changes: 4.56 %)

Current Market Cap: $ 7,577,567,063 (24h Changes: 4.53 %)

Positive News

Polkadot price analysis: Price takes upturn to $6.47 after bullish drift

Source: Cryptopolitan

Date: Thu, 03 Nov 2022 07:40:32

Polkadot price analysis is indicating a bullish price movement for today after the market trends shifted towards a bullish drift. The price value, after correcting down to $6.19, has taken an upturn and is currently trading at $6.47.

Crypto Bank Delio to Support 5 New Digital Assets, Including Polkadot, Solana, and Tezos

Source: CryptoPotato

Date: Thu, 03 Nov 2022 06:07:54

[PRESS RELEASE – Please Read Disclaimer] • Delio Bank supports Solana, Polkadot, Tezos, Cardano, and Kusama • Five new digital assets staking services to be launched South Korea's leading crypto bank Delio is on the verge of listing five new digital assets and launching a staking service.

Why Polkadot [DOT] is slated to dash for some more upside

Source: AMBCrypto

Date: Thu, 03 Nov 2022 03:30:42

Last week we saw Polkadot's native cryptocurrency DOT pull off its sharpest bullish pivot since July. It is thus unsurprising that analysts might expect or hope for another major rally especially after it recently retested its lower range.

 

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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