What Happens To L1 Tokens Today? (05 Dec 2022, Monday)


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BITCOIN (BTC)

Current Price: $ 17,081.94 (24h Changes: 0.74 %)

Current Market Cap: $ 328,604,074,108 (24h Changes: 0.71 %)

Positive News

Crypto Declared Dead Yet Again As Bitcoin Hits All-Time High In Long-Term Investor Holdings

Source: EWN

Date: Sun, 04 Dec 2022 14:40:14

BTC Conviction is at an all-time high as long-term investors keep adding to their BTC stack unfazed by the recent news and fallouts according to data from Glassnode. Crypto has been declared dead quite a few times as Fear and Uncertainty is at highs in the crypto industry.

Warren Buffett Now Owns Bitcoin: Here's How The Oracle Of Omaha Got Exposure

Source: Benzinga

Date: Sun, 04 Dec 2022 14:04:20

Labeled Bitcoin enemy number one earlier this year by Peter Thiel, Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett now owns a stake in Bitcoin thanks to one of his investments. What Happened: In June 2021, Berkshire Hathaway invested $500 million in Brazilian digital bank Nubank.

Popular Analyst Predicts Bitcoin (BTC) Rally, Says US Dollar Flashing Signs of Ending Parabolic Surge

Source: The Daily Hodl

Date: Sun, 04 Dec 2022 12:55:58

A closely followed crypto strategist is calling for a Bitcoin (BTC) surge just as the US dollar index (DXY) is showing signs that its parabolic rally this year could be coming to an end.

Neutral News

U.S Senator John Boozman Claims Bitcoin Is a Commodity

Source: TheNewsCrypto

Date: Sun, 04 Dec 2022 14:45:10

In a hearing on Thursday titled “Why Congress Needs to Act: Lessons Learned from the FTX Collapse,” U.S. Senator John

How much is Bitcoin worth today?

Source: Cointelegraph

Date: Sun, 04 Dec 2022 11:20:00

Bitcoin is always open and the BTC price is constantly changing — find out how to track it and understand more about Bitcoin price action with the Cointelegraph crypto price indexes.

Bitcoin Price Analysis: 16879 Holding Now - 5 December 2022

Source: Crypto Daily

Date: Sun, 04 Dec 2022 11:00:00

BTC/USD Seeking Direction:  Sally Ho's Technical Analysis – 5 December 2022 Bitcoin (BTC/USD) awaited fresh technical guidance early in the Asian session as the pair continued to orbit the 17000 figure after peaking around the 17158.42, a test of the 76.4% retracement of the depreciating range from 17317.80 to 16791.02.  Buying pressure later emerged around the 16890.11 area during a pullback, representing a test of the 23.6% retracement of the appreciating range from 15460 to 17317.80.

Negative News

Bitcoin: A drop in these holders could mean trouble for BTC because

Source: AMBCrypto

Date: Sun, 04 Dec 2022 13:30:07

Bitcoin whales drop to a new two-year low Bitcoin also showed resistance at the $17,000 level Bitcoin [BTC] managed to bounce back above the $17,000 price range. While the current expectation was that it might continue to rally, whale activity suggested otherwise.

Are crypto miners losing faith in Bitcoin? Over 10K BTC dumped

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 11:59:36

The ongoing crypto winter has been harsh for everyone involved in the overall DeFi space. However, it has been specifically challenging for miners who are struggling to make profits from long-term holdings.

Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018

Source: CryptoSlate

Date: Sun, 04 Dec 2022 05:55:41

The  Adjusted Spent Output Profit Ratio (aSOPR), a metric that indicates whether holders are selling at a profit or loss, recorded a downward trajectory below the 1-level, which suggests investors are selling their positions at massive losses.

 

ETHEREUM (ETH)

Current Price: $ 1,277.78 (24h Changes: 0.88 %)

Current Market Cap: $ 154,114,319,204 (24h Changes: 0.86 %)

Positive News

Russian banking giant Sber reveals Ethereum blockchain partnership

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 10:02:00

Sber, Russia's largest bank, previously known as Sberbank has stated that its proprietary blockchain platform will become compatible with the Ethereum network.  The bank stated that it will use a modified version of Ethereum to develop its own DApps, smart contracts, and other blockchain applications.

Falling Volume Hints The Ethereum Price Correction Is Temporary; Buy Now?

Source: Coingape

Date: Sun, 04 Dec 2022 08:53:08

The Ethereum price is currently going through a minor correction and stalls its prevailing recovery phase. From the $1300 mark, the altcoin has tumbled 3.5% and shows a high possibility for further downfall.

Avalanche, Ethereum, and how BTC.b could trigger a rally for AVAX

Source: AMBCrypto

Date: Sun, 04 Dec 2022 08:30:03

Avalanche's BTC.b witnessed a massive growth in supply But, Avalanche's TVL witnessed a continued decline According to Data Analytics' tweet on 2 December, the amount of Bitcoin Avalanche Bridged [BTC.b] on Avalanche [AVAX] surpassed that of the Ethereum network.

Neutral News

Is holding Ethereum in Q4 far from profitable? These metrics suggest

Source: AMBCrypto

Date: Sun, 04 Dec 2022 11:30:45

Ethereum turned inflationary as network supply fees fail to surge Network validators remain staunch in their duty to avoid slashing events while ETH consolidated Ethereum's [ETH] quest for profitability took another sour turn as it returned to inflationary condition after a few attempts at the opposite.

Weekly crypto price analysis 4th Dec: BTC, ETH, XRP, BNB, ADA, DOGE

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 08:35:58

Our weekly crypto price analysis reveals that cryptocurrencies were in a slightly bullish trend. It seemed to be a crypto recovery from the November price slump.

Negative News

Ethereum price analysis: ETH fails to break the $1,300 level after a period of consolidation

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 13:19:43

Ethereum price analysis indicates Ethereum is stuck in a tight range and if the price breaks, then it might be a good entry point to short. The cryptocurrency has been trading inside a descending triangle for the past few sessions and is struggling to break above $1,300.

 

BINANCE (BNB)

Current Price: $ 291.54 (24h Changes: -0.14 %)

Current Market Cap: $ 47,597,896,376 (24h Changes: -0.13 %)

Neutral News

Bitcoin, Binance Coin, Chainlink, and Zcash Daily Price Analyses – 4 December Morning Prediction

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 08:46:53

The global crypto market has continued to face a negative trend as it couldn't regain momentum. The recent changes for Bitcoin show optimism while other coins haven't shown any positive stats yet.

Weekly crypto price analysis 4th Dec: BTC, ETH, XRP, BNB, ADA, DOGE

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 08:35:58

Our weekly crypto price analysis reveals that cryptocurrencies were in a slightly bullish trend. It seemed to be a crypto recovery from the November price slump.

Cardano's Hoskinson on Why Elon's Plans for Twitter Could Include Both $DOGE and $BNB

Source: Bitcoinworld

Date: Sun, 04 Dec 2022 04:40:10

Dogecoin ($DOGE) and Bitcoin ($BNB) may be included in Elon Musk's plans for Twitter, according to Charles Hoskinson, co-founder and CEO of IO Global (IOG), the company in charge of Cardano's R&D. Hoskinson claims that in the long run, Cardano will develop into “a network of blockchains.

Negative News

BNB's northbound movement could witness some roadblocks.

Source: AMBCrypto

Date: Sun, 04 Dec 2022 14:30:31

BNB's weekly transaction exceeded 20 million  However, the MVRV Ratio and market indicators revealed the possibility of a downtrend Binance Coin's [BNB] performance of last week did not make investors happy as it registered losses on the chart. However, its metrics soared, as there were several interesting developments in the ecosystem.

 

CARDANO (ADA)

Current Price: $ 0.32 (24h Changes: -0.14 %)

Current Market Cap: $ 11,342,839,093 (24h Changes: -0.12 %)

Positive News

These Investors Buying Up Cardano (ADA) En Masse, What Is Their Plan?

Source: UToday

Date: Sun, 04 Dec 2022 06:56:00

Cardano unexpectedly gains momentum among these investors

What's In Store For Cardano This December – Will ADA Be Merry Before Christmas?

Source: NewsBTC

Date: Sun, 04 Dec 2022 06:08:46

Cardano (ADA) exited the month of November with its total market capitalization and its blockchain's total value locked (TVL) taking a heavy hit from the FTX collapse that dragged down the entire crypto market. According to data from CoinMarketCap, when last month ended, ADA's overall valuation was at $10.7 billion, 23% lower than the $13.9 billion market cap it had towards the end of October.

Cardano price analysis: ADA/USD Price rises to $0.3207, which demonstrates bullish strength

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 05:45:55

Cardano price analysis shows the bulls have set a firm uptrend as prices spiked by 0.59 percent in the last 24-hour period to reach the $0.3207 level. This indicates bullish strength in the market and hints that we could see further gains in the near future.

Neutral News

Not Listing Cardano (ADA) “Tightly Correlated” with Bankruptcy, Charles Hoskinson Says

Source: UToday

Date: Sun, 04 Dec 2022 14:07:00

Cardano founder Charles Hoskinson has taken aim at Gemini for refusing to list Cardano (ADA)

Weekly crypto price analysis 4th Dec: BTC, ETH, XRP, BNB, ADA, DOGE

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 08:35:58

Our weekly crypto price analysis reveals that cryptocurrencies were in a slightly bullish trend. It seemed to be a crypto recovery from the November price slump.

Here Are 3 Key Cardano (ADA) Levels You Need To Watch

Source: UToday

Date: Sun, 04 Dec 2022 06:30:00

Cardano bulls would need to watch three important levels in order not to miss crucial market moves

 

RIPPLE (XRP)

Current Price: $ 0.39 (24h Changes: -0.22 %)

Current Market Cap: $ 19,815,095,885 (24h Changes: -0.21 %)

Positive News

$0.50 for XRP next? Short-term analyst's take on Ripple's token

Source: Finbold

Date: Sun, 04 Dec 2022 14:19:03

After weeks of rallying, XRP's price is now consolidating in line with the general cryptocurrency market price trajectory. Amid the recent rally, XRP investors have been looking forward to the asset regaining the $0.50 position, which acts as a critical support level towards the elusive $1.

Ripple Listed as One of Top Workplaces Most Conducive for Parents

Source: UToday

Date: Sun, 04 Dec 2022 08:42:00

Ripple also named one of America's fastest-growing private companies

XRP Price Poised For A 13% Leap – If It Keeps Steady On This Route

Source: NewsBTC

Date: Sun, 04 Dec 2022 03:49:14

XRP, the 7th largest cryptocurrency with more than $19.74 billion market capitalization, appears to be poised for a healthy surge. Unfortunately for traders, investors or prospective buyers of the crypto asset, this upward movement will be temporary and the bears are expected to take control shortly after the altcoin registers an uptick in its price.

Neutral News

XRP Lawsuit: Defense Lawyer Believes Judge in Ripple Case Will Soon Deliver “One Big Written Ruling”

Source: Zycrypto

Date: Sun, 04 Dec 2022 13:40:13

According to defence lawyer James K Filan, a summary judgement in the SEC vs Ripple lawsuit might come sooner than expected.

Ripple Says SEC Failed To Show XRP Sales Are Investment Contracts, Asks Court To Grant Summary Judgment Motion

Source: The Daily Hodl

Date: Sun, 04 Dec 2022 10:30:45

Ripple Labs says that the U.S. Securities and Exchange Commission (SEC) hasn't been able to prove that the firm's XRP sales were investment contracts in the regulator's lawsuit against it. The SEC sued Ripple in late 2020 for allegedly selling XRP as an unregistered security.

Weekly crypto price analysis 4th Dec: BTC, ETH, XRP, BNB, ADA, DOGE

Source: Cryptopolitan

Date: Sun, 04 Dec 2022 08:35:58

Our weekly crypto price analysis reveals that cryptocurrencies were in a slightly bullish trend. It seemed to be a crypto recovery from the November price slump.

 

SOLANA (SOL)

Current Price: $ 13.61 (24h Changes: 0.45 %)

Current Market Cap: $ 4,946,404,958 (24h Changes: 0.68 %)

Positive News

Solana hit a new all-time high of transactions per second

Source: Crypto news

Date: Sun, 04 Dec 2022 05:16:00

Matt Sorg, the Product and Technology leader of Solana Foundation, earlier discussed Solana's future in the cryptosphere during a conversational interview.

Three Tokens For Your Portfolio in 2023: Big Eyes (BIG), Solana (SOL), and Orbeon Protocol (ORBN)

Source: CryptoNewsFlash

Date: Sun, 04 Dec 2022 04:00:09

Solana (SOL) made headlines throughout 2021 for being one of the highest return projects of the year.

Neutral News

Going short on SOL? You may want to consider what is at ‘stake'

Source: AMBCrypto

Date: Sun, 04 Dec 2022 02:30:39

Solana's transaction fees declined along with its development activity Solana lost interest from stakers as well Solana's transaction fees declined over the past year, according to new data by token terminal. Reportedly, after the FTX collapse, $946.66k was collected in fees over the past 30 days.

 

AVALANCHE (AVAX)

Current Price: $ 13.73 (24h Changes: -0.6 %)

Current Market Cap: $ 4,257,580,476 (24h Changes: -0.33 %)

Positive News

AVAX Receives Major Boost As Alibaba Cloud Expands Support For Avalanche

Source: Zycrypto

Date: Sun, 04 Dec 2022 12:55:09

Alibaba Cloud, a subset of Chinese e-commerce giant Alibaba has expanded its line of cloud infrastructure technology and developer tools to the Avalanche blockchain.

Avalanche, Ethereum, and how BTC.b could trigger a rally for AVAX

Source: AMBCrypto

Date: Sun, 04 Dec 2022 08:30:03

Avalanche's BTC.b witnessed a massive growth in supply But, Avalanche's TVL witnessed a continued decline According to Data Analytics' tweet on 2 December, the amount of Bitcoin Avalanche Bridged [BTC.b] on Avalanche [AVAX] surpassed that of the Ethereum network.

Alibaba Cloud supports Avalanche validators with computing services

Source: Crypto news

Date: Sun, 04 Dec 2022 08:01:06

Alibaba has collaborated with Avalanche network to mark the tech giant's first step into the blockchain industry. According to their partnership deal, users can now launch Avalanche validator nodes via the Alibaba Cloud infrastructure.

 

POLKADOT (DOT)

Current Price: $ 5.55 (24h Changes: 0.03 %)

Current Market Cap: $ 6,539,815,301 (24h Changes: -0.13 %)

Neutral News

Will DOT continue walking on thin ice disregarding Polkadot's milestone

Source: AMBCrypto

Date: Sun, 04 Dec 2022 10:30:26

Polkadot's development activity decreased while volume witnessed a surge   Market indicators suggested that investors should be cautious  Polkadot [DOT] made the headlines yet again, but not because of its development activity.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

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