What Happens To L1 Tokens Today? (04 Oct 2022, Tuesday)

What Happens To L1 Tokens Today? (04 Oct 2022, Tuesday)


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

 

BITCOIN (BTC)

Current Price: $ 19,528.25 (24h Changes: 1.44 %)

Current Market Cap: $ 374,207,411,888 (24h Changes: 1.47 %)

Positive News

Author Robert Kiyosaki Sees Bitcoin Buying Opportunity

Source: TheNewsCrypto

Date: Mon, 03 Oct 2022 15:56:43

Since mid-August, Bitcoin's stablecoin supply ratio has decreased to 4.5. Bitcoin is now trading around the $19.5k mark.

Bitcoin mining hashrate touches new all-time high, mining difficulty expected to rise

Source: CryptoSlate

Date: Mon, 03 Oct 2022 15:35:38

Bitcoin's (BTC) hashrate has spiked to a new all-time high amid the current bear struggles of the broader crypto market. The post Bitcoin mining hashrate touches new all-time high, mining difficulty expected to rise appeared first on CryptoSlate.

Bitcoin rises, Kim Kardashian settles with SEC and ARK Invest's new collaboration: CNBC Crypto World

Source: CNBC Television

Date: Mon, 03 Oct 2022 15:18:07

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, Yassine Elmandjra of ARK Invest discusses the investment management firm's new collaboration with Eaglebrook Advisors to make Ark's actively managed crypto strategies available to advisors.

Neutral News

A Look At Bitcoin As The Crypto Works It's Way Toward An Oct. 10 Decision Deadline

Source: Benzinga

Date: Mon, 03 Oct 2022 15:44:56

Bitcoin (CRYPTO: BTC) was bouncing up almost 3% higher in tandem with the general market on Monday, which was spiking about 2.7% higher. The apex cryptocurrency was muted over the weekend, declining slightly on lower-than-average volume, which indicated consolidation.

Quant Explains How US Stock Market Volumes Influence Bitcoin Price

Source: NewsBTC

Date: Mon, 03 Oct 2022 15:00:07

A quant has explained how there is a connection between the recent trends in the US stock market volumes and the Bitcoin price. TradFi Depth Oscillator Has Hit A Low And Is Now Turning Back Up As explained by an analyst in a CryptoQuant post, the volume depth in traditional finance markets has been low recently.

Bitcoin and Ethereum Whales Abruptly Move Massive Crypto Troves Worth Up to $133,000,000

Source: The Daily Hodl

Date: Mon, 03 Oct 2022 14:05:13

Crypto whales are moving huge amounts of coins around to start the week, with multiple nine-figure transactions spotted on the blockchain. First recorded by blockchain tracking service Whale Alert, one mysterious Bitcoin whale sent 6,980 BTC to another unknown wallet in the early hours of Monday morning.

Negative News

Bitcoin NVT Golden Cross Says BTC Is Close To Being “Overbought”

Source: Bitcoinist

Date: Mon, 03 Oct 2022 15:00:07

Bitcoin NVT golden cross has recently had values that would suggest the crypto may be close to being overbought right now.

Here's Why Bitcoin Longs are Vulnerable to a Washout, Will This Impact the BTC Price?

Source: CoinPedia

Date: Mon, 03 Oct 2022 12:50:35

Bitcoin price is back within the range, displaying a lowered strength as its closest competitor, DXY Index is trading along the resistance. However, a minor relief may be expected in the coming days as the DXY Index may witness a slight pullback.

BTC Miners Reserves Reach Their Lowest Point in a Decade

Source: CryptoPotato

Date: Mon, 03 Oct 2022 12:33:03

Bitcoin miners now hold roughly 10% of Bitcoin's current supply – a share that continues to decrease over time. 

 

ETHEREUM (ETH)

Current Price: $ 1,316.82 (24h Changes: 0.78 %)

Current Market Cap: $ 159,030,205,321 (24h Changes: 0.97 %)

Positive News

Ethereum Price Squeezes Shorts Positions, ETH Could Be Set For More Gains

Source: NewsBTC

Date: Mon, 03 Oct 2022 15:48:28

Ethereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second cryptocurrency by market cap knocked some gains over today's trading session but seems poised for a re-test of its lows before moving to the upside.

T-Mobile Parent Company Says It Supports Ethereum As Giant Launches New Staking Validator

Source: The Daily Hodl

Date: Mon, 03 Oct 2022 14:45:32

The parent company of mobile communications giant T-Mobile says it's launching an Ethereum (ETH) staking validator as part of its support for the world's second-largest blockchain by market cap.

Linagee Name Registrar Confirmed as the Oldest ETH NFT Project, Created in 2015

Source: BeInCrypto

Date: Mon, 03 Oct 2022 13:00:00

A researcher Mason Keresty discovered the oldest domain name ETH smart contract from 2015 by a developer named Linagee. The post Linagee Name Registrar Confirmed as the Oldest ETH NFT Project, Created in 2015 appeared first on BeInCrypto.

Neutral News

Bitcoin and Ethereum Whales Abruptly Move Massive Crypto Troves Worth Up to $133,000,000

Source: The Daily Hodl

Date: Mon, 03 Oct 2022 14:05:13

Crypto whales are moving huge amounts of coins around to start the week, with multiple nine-figure transactions spotted on the blockchain. First recorded by blockchain tracking service Whale Alert, one mysterious Bitcoin whale sent 6,980 BTC to another unknown wallet in the early hours of Monday morning.

Ethereum (ETH) Records Inflows for Second Week Straight, But There Is Nuance

Source: UToday

Date: Mon, 03 Oct 2022 07:37:00

Ethereum and Bitcoin finished last week with inflows, while XRP and Cardano recorded outflows

ETH and a Return to $1,350 Sits in the Hands of US PMIs and the Fed

Source: FXEmpire

Date: Mon, 03 Oct 2022 07:03:10

BTC and ETH look to reverse losses from the weekend. However, US manufacturing PMIs and the Fed could test buyer appetite later in the day.

Negative News

Vitalik Buterin Proposes Ways to Mitigate ETH Censorship

Source: CryptoPotato

Date: Mon, 03 Oct 2022 14:25:33

The introduction of a 'third party" is necessary to limit the powers of builders and proposers.

Ethereum mining, staking revenues down more than 50% in September

Source: The Block

Date: Mon, 03 Oct 2022 12:48:34

Ethereum miners and staking validators brought in about $406.86 million in revenue in September, down 51.7% from the previous month. The post Ethereum mining, staking revenues down more than 50% in September appeared first on The Block.

Ethereum Approaches Oversold Region And Targets The Low At $1,098

Source: Coin Idol

Date: Mon, 03 Oct 2022 12:13:00

The Ethereum price (ETH) has continued its sideways movement after the recent price drop on September 21.

 

BINANCE (BNB)

Current Price: $ 285.96 (24h Changes: -0.34 %)

Current Market Cap: $ 46,674,959,686 (24h Changes: -0.36 %)

Positive News

Perpetual DEX Palmswap successfully completed Fair Launch with over 6600 BNB raised

Source: Invezz

Date: Mon, 03 Oct 2022 14:13:31

The decentralised perpetual contract trading protocol, Palmswap, held a community fair launch of its native token, PALM. One hundred million PALM tokens were up for sale between Sept. 20 and Sept. 29. During this period, funds were collected in a pool, and an average token price was determined based on the aggregate amount.

Uniglo.io (GLO), BitDAO (BIT) And Binance Coin (BNB) Opening Door To Become A Millionaire

Source: Cryptonews

Date: Mon, 03 Oct 2022 08:37:00

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

BNB is the only cryptocurrency to rise in the top 10 as the price of bitcoin drops below US$19,000

Source: Bitcoinworld

Date: Mon, 03 Oct 2022 01:52:44

Monday morning saw bitcoin trading back under US$19,000, a level it has been bouncing around for the majority of the last two weeks due to global macroeconomic worries that have also affected equity markets. Ether also dropped.

Negative News

Transit Swap DeFi Hacker Returns $16M in Stolen Ethereum, Binance Coin

Source: Decrypt

Date: Mon, 03 Oct 2022 05:38:09

After raking in roughly $23 million via an attack on Transit Swap, the attacker has reportedly returned roughly 70% of the money.

 

CARDANO (ADA)

Current Price: $ 0.43 (24h Changes: -0.37 %)

Current Market Cap: $ 14,433,665,201 (24h Changes: -0.26 %)

Positive News

Cardano Founder Says Age Of Voltaire Is Close, Community Remains Bullish On ADA

Source: Bitcoinist

Date: Mon, 03 Oct 2022 13:00:52

Cardano has just finished another important upgrade, and things have been running smoothly since then. As has always been the case with the network, there is always work going on to improve the performance and overall experience of users in the ecosystem.

Polkadot, XRP, Cardano among the top 10 crypto assets chosen by banks – BIS study

Source: Finbold

Date: Mon, 03 Oct 2022 08:26:42

Although the exposure to the cryptocurrency market by global banks is still relatively small, these financial institutions are slowly opening

Neutral News

Can Cardano Price reach 10 $ in the next Bull Market?

Source: CryptoTicker

Date: Mon, 03 Oct 2022 06:49:37

The bear market has now caused Cardano to drop sharply in price. Can Cardano price reach 10 $ in the next bull market?

New Cardano Era Will Show How to Do Decentralized Governance, Hoskinson Says

Source: UToday

Date: Mon, 03 Oct 2022 04:14:00

Cardano founder Charles Hoskinson claims that Voltaire era will be industry standard for implementing decentralized governance

Cardano's performance in Q4 may have a September connection—Here's how

Source: AMBCrypto

Date: Mon, 03 Oct 2022 02:30:35

Cardano's [ADA] show of strength per its development activity seemed to have stood at crossroads due to some contrasting views. According to Santiment, development activity on the ADA chain had decreased significantly since 28 September after reaching peaks.

Negative News

Cardano: Is the blockchain's effort to push ADA's price just another ‘fool's errand'

Source: AMBCrypto

Date: Mon, 03 Oct 2022 13:30:44

After the much-anticipated Vasil hardfork that was pushed earlier in September, Cardano [ADA] struggled to register any promising gains. The episode was quite the opposite of what the community expected, as people thought ADA's price would surge after the hardfork.

These Factors Are Limiting The Cardano Coin Growth

Source: Coingape

Date: Mon, 03 Oct 2022 12:32:25

It seems the world's largest cryptocurrency-Bitcoin refusal to break below the $18000 mark, has caused uncertainty in the crypto market. As a result, the majority of coins have been facing a volatile sideways action for around two weeks now.

Cardano price analysis: Bearish trend causes price depression up to $0.4227

Source: Cryptopolitan

Date: Mon, 03 Oct 2022 10:26:07

Cardano price analysis for today shows a bearish trend. There is strong support for the ADA/USD pair at $0.4181 and resistance at $0.4287.

 

RIPPLE (XRP)

Current Price: $ 0.46 (24h Changes: -1.59 %)

Current Market Cap: $ 22,727,353,511 (24h Changes: -0.98 %)

Positive News

XRP Price Prediction: On-Chain Metrics Flash Short-Term Recovery

Source: BeInCrypto

Date: Mon, 03 Oct 2022 13:45:00

XRP, the sixth-largest cryptocurrency by market cap has witnessed a sudden spike in social volumes which isn't new for the 6th ranked token by market cap. However, can XRP chart the much-needed recovery its HODLers long for?

What Ripple's Latest Win Means for Its Ongoing Fight With the SEC

Source: Coindesk

Date: Mon, 03 Oct 2022 12:57:04

The crypto payments firm scored a procedural victory last week in part of its legal defense against the SEC. But it may not help its case.

XRP price could rally by 50% based off comments from a former SEC director

Source: Cointelegraph

Date: Mon, 03 Oct 2022 12:15:27

XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher.

Neutral News

XRP Price Prediction - Can XRP Reach $1 This Week as Lawsuit Deadline Nears

Source: Cryptonews

Date: Mon, 03 Oct 2022 13:00:00

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. 

XRP lawyer Taps SEC Chair New Narrative Over Crypto In Kardashian Case

Source: Coingape

Date: Mon, 03 Oct 2022 10:37:41

The Securities and Exchange Commission (SEC) pressed charges against American celebrity Kim Kardashian. However, Kim paid around $1.26 million in penalties in order to settle the charges.

XRP Volcano Going to Blow Soon, Bestselling Author Bryant McGill Believes

Source: UToday

Date: Mon, 03 Oct 2022 06:45:00

Social media influencer believes that XRP is going to be "blowing" sometime soon

Negative News

Ripple CEO Complains About Scam Accounts on Social Media

Source: UToday

Date: Mon, 03 Oct 2022 15:03:00

Ripple CEO Brad Garlinghouse has complained about the inundation of cryptocurrency scam bots that are impersonating him and other prominent

Ripple: CryptoLaw Founder Says SEC Seeks to Control Narrative with Term "Crypto Securities"

Source: UToday

Date: Mon, 03 Oct 2022 12:04:00

John Deaton criticizes agency for trying to control narrative

Ripple price analysis: XRP value sinks to $0.4443 low after a bearish drive

Source: Cryptopolitan

Date: Mon, 03 Oct 2022 06:58:18

Ripple price analysis shows that the market is bearish in the short term. The XRP/USD pair is currently trading at $0.4443 and is facing resistance at $0.4743, however, a break above this level could see XRP/USD target the $0.4783 resistance.

 

SOLANA (SOL)

Current Price: $ 32.9 (24h Changes: 0.45 %)

Current Market Cap: $ 11,687,605,519 (24h Changes: 0.7 %)

Positive News

Solana(SOL) Price Could Spike by 10% Soon. Are the Bulls Going to Take Over?

Source: CoinPedia

Date: Mon, 03 Oct 2022 08:28:42

The Solana(SOL) prices were seen consolidating in a parallel channel for approximately a month prior to the bulls and bears getting into a fierce battle that led to the price spike. Prices immediately plummeted 15% and reverted to the parallel channel after reaching their peak at $38.99, signifying a fakeout.

Neutral News

Solana price analysis: SOL shows stable dynamics at $32.2 after a bearish run

Source: Cryptopolitan

Date: Mon, 03 Oct 2022 04:20:07

Solana price analysis shows that the coin has been facing a bearish trend in the market for the last 24 hours. The coin has been trading under a descending triangle pattern and is currently testing the $32.2 level.

Negative News

Despite Outages, Solana (SOL) Still Has Power To Bring 1,000,000,000 More People to Crypto: InvestAnswers

Source: The Daily Hodl

Date: Mon, 03 Oct 2022 16:00:56

A closely followed crypto analyst says that Ethereum (ETH) rival Solana (SOL) could be on its way to bringing a billion more users to the digital asset space.

Crypto Researcher Reveals The ‘Dangers of Solana' as Network Outages Persist

Source: Zycrypto

Date: Mon, 03 Oct 2022 13:09:09

Bons stated that Solana's reoccurring crashes result from bad design.

Avalanche (AVAX) and Solana (SOL) Dented by Weak Sentiment for PoS

Source: Crypto Daily

Date: Mon, 03 Oct 2022 07:30:00

Investors of Proof-of-Stake ecosystems Avalanche (AVAX) and Solana (SOL) lead today's market losers. The same weakness did not extend to the newly-minted PoS giant Ethereum which added 1.40% in the same session.

 

AVALANCHE (AVAX)

Current Price: $ 17.01 (24h Changes: 0.82 %)

Current Market Cap: $ 5,039,324,298 (24h Changes: 0.91 %)

Neutral News

Crypto Market Analysis: Altcoins Like LUNC, LINK, LTC, MATIC & AVAX To Show Diverse Action Soon!

Source: CoinPedia

Date: Mon, 03 Oct 2022 06:18:00

Crypto markets remained heavily consolidated during the past weekend as Bitcoin price continues to trade along the same support zone. The star cryptocurrency closed the previous week at around $19,000 with low volatility and low volume. The markets barely moved, flashing strong signs of exhaustion as the indices kept on falling.

Negative News

Avalanche (AVAX) and Solana (SOL) Dented by Weak Sentiment for PoS

Source: Crypto Daily

Date: Mon, 03 Oct 2022 07:30:00

Investors of Proof-of-Stake ecosystems Avalanche (AVAX) and Solana (SOL) lead today's market losers. The same weakness did not extend to the newly-minted PoS giant Ethereum which added 1.40% in the same session.

 

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by GuerrillaBuzz Blockchain PR Agency

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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