What Happens To L1 Tokens Today? (05 Jan 2023, Thursday)

What Happens To L1 Tokens Today? (05 Jan 2023, Thursday)


"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: $ 16,842.31 (24h Changes: 1.18 %)

Current Market Cap: $ 324,246,266,867 (24h Changes: 1.06 %)

Positive News

January Effect? Bitcoin, Crypto Are Cautiously in the Green

Source: Blockworks

Date: Wed, 04 Jan 2023 14:24:40

An early, solid 2023 showing for markets has a slim shot of translating to the rest of the year, analysts said

Bullish for Bitcoin: Biggest pharmacy chain in Ukraine partners with Binance to enable crypto payments

Source: CryptoNewsFlash

Date: Wed, 04 Jan 2023 13:43:55

ANC Pharmacy, a Ukrainian pharmacy chain, partners with Binance to enable crypto payments.  The feature will first roll out gradually to the chain's over 1000 outlets starting in Kyiv.

U.S. Bitcoin Miner Increased Its Annual BTC Production By 200% In 2022

Source: Bitcoin Magazine

Date: Wed, 04 Jan 2023 13:15:00

Cleanspark's December 2022 mining update examines the company's year at large as well as the operations of the previous month.

Neutral News

Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 04 Jan 2023 13:17:52

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

Canada Has Declared A Local War On Bitcoin Mining

Source: Bitcoin Magazine

Date: Wed, 04 Jan 2023 13:16:44

Multiple local governments across Canada have started to make life much harder for bitcoin miners.

The Outlook for Bitcoin in 2023

Source: Bloomberg Markets and Finance

Date: Wed, 04 Jan 2023 13:11:05

Etoro's Glen Goodman talks about his outlook for crypto in 2023. He expects more skepticism from investors and he thinks Bitcoin is near a bottom.

Negative News

Bitcoin Is Now A Magnet For Idiots, A Fool Detector, Says Nassim Nicholas Taleb

Source: Coincu

Date: Wed, 04 Jan 2023 14:20:48

Key Points: In a recent interview with L'Express, famed author of Black Swan Nassim Nicholas Taleb discussed his views on Bitcoin and called it the detector of imbeciles. According to Taleb, Bitcoin‘s ambition to function as a decentralized currency and a store of value has not been realized.

Bitcoin Coinbase Inflows Spike, Is This Bearish For BTC?

Source: NewsBTC

Date: Wed, 04 Jan 2023 14:00:31

On-chain data shows the Bitcoin inflows to Coinbase have spiked recently, a sign that may turn out to be bearish for the crypto. Bitcoin Exchange Inflows To Coinbase Register High Values As pointed out by an analyst in a CryptoQuant post, a total of 20k BTC was transferred to Coinbase recently.

Bitcoin's $16,920 hurdle tips the scales in favor of the bears

Source: AMBCrypto

Date: Wed, 04 Jan 2023 10:30:27

Bitcoin [BTC] started the new year with a slight recovery, posting higher lows since 1 January. It rose from its low of $16,500 on 1 January to a high of $16,919 on 4 January, gaining over 2.5%.

 

ETHEREUM (ETH)

Current Price: $ 1,252.52 (24h Changes: 3.52 %)

Current Market Cap: $ 151,027,789,328 (24h Changes: 3.39 %)

Positive News

Ethereum Price UP? 2023 might be a Good Year for ETH PRICE!

Source: CryptoTicker

Date: Wed, 04 Jan 2023 13:47:14

Ethereum price up: Is it wise to purchase ETH? In this Ethereum price prediction, we analyze what might come for Ether prices.

Ethereum's Ratio Jumps

Source: Trustnodes

Date: Wed, 04 Jan 2023 13:45:24

Ethereum's value against bitcoin suddenly rose overnight around Shanghai opening hours.

Why Ethereum, Dogecoin, and Cardano Are Moving Higher on Jan. 4, 2023

Source: The Motley Fool

Date: Wed, 04 Jan 2023 11:23:09

Investors tried to find some momentum this morning as they prepare for the release of the Federal Reserve's meeting minutes.

Neutral News

Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 04 Jan 2023 13:17:52

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

Discount on Grayscale Ethereum Trust (ETHE) Reaches to Record 60%

Source: Coinspeaker

Date: Wed, 04 Jan 2023 07:01:54

Along with the Ethereum Trust, several other Grayscale products are trading at steep discounts recently as parent firm DCG is grappling with liquidity issues.

Ethereum(ETH) Price set to Clinch Above $1300, But Wait There's a Catch!

Source: CoinPedia

Date: Wed, 04 Jan 2023 06:49:19

The markets are currently consolidating within a very narrow range, but are displaying chances of a notable upswing in the next 24 to 48 hours. While Bitcoin price is heading towards $17000, the second largest crypto Ethereum, which closely follows the star crypto is also believed to leap long very soon.

Negative News

Ethereum Stakers In Massive Loss As 80% of Staked ETH Is In The Red

Source: NewsBTC

Date: Wed, 04 Jan 2023 09:30:41

The bear market has resulted in multiple losses for individuals and even large entities, and according to recent data shared by crypto analytics site, Dune analytics, the majority of all ETH stakers are in the loss while fewer stakers remain in the money. The reason behind the result of more losses than profit is due to the market conditions starting in 2021 after the Ethereum Beacon chain was launched, to the present.

Grayscale Ethereum Trust Discount Sinks to 60%, GBTC Down to 45%

Source: CryptoPotato

Date: Wed, 04 Jan 2023 06:36:08

The pressure is mounting on the world's largest institutional crypto fund manager, Grayscale, and its parent company.

Ethereum News: Grayscale trading at -60% and the crypto world is worried!

Source: The Cryptonomist

Date: Wed, 04 Jan 2023 05:41:24

The product in question is the Grayscale Ethereum Trust

 

BINANCE (BNB)

Current Price: $ 257.01 (24h Changes: 5.0 %)

Current Market Cap: $ 42,084,924,074 (24h Changes: 4.65 %)

Positive News

Top Altcoins Poised To Surge More Than 25% in Q1

Source: CoinPedia

Date: Wed, 04 Jan 2023 07:31:18

The day began with a bullish outlook as Bitcoin and other altcoins, including Ethereum, BNB, XRP, Cardano, and LINK, saw a bull run. This has caused a 1.27% increase in the global crypto market cap over the past 24 hours.

Analyst Predicts Rallies for Chainlink, Polkadot, Binance Coin and Two Additional Altcoins – Here Are His Targets

Source: The Daily Hodl

Date: Wed, 04 Jan 2023 05:15:44

Popular crypto analyst Michaël van de Poppe is predicting rallies for Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Cosmos (ATOM) and SKALE (SKL). In a new YouTube strategy session, Van de Poppe tells his 163,000 subscribers that Chainlink is likely to rally after the decentralized oracle network first dips by as much as 20%.

Neutral News

Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 04 Jan 2023 13:17:52

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

Binance's latest integration can have this impact on BNB in 2023

Source: AMBCrypto

Date: Wed, 04 Jan 2023 00:30:48

Binance recently announced a new integration with Google and Apple Pay that would drastically improve the user experience across the globe. With this new integration, users would be able to make payments on Binance using Google and Apple Pay.

Negative News

Klever Exchange delisting litecoin, binance coin, and others

Source: Crypto news

Date: Wed, 04 Jan 2023 11:51:07

Klever Exchange is delisting nine assets, including litecoin (LTC), chainlink (LINK), binance coin (BNB), and dogecoin (DOGE).

 

CARDANO (ADA)

Current Price: $ 0.27 (24h Changes: 5.74 %)

Current Market Cap: $ 9,309,407,542 (24h Changes: 5.43 %)

Positive News

ADA bulls secure $0.2415 as support but will have to overcome this new obstacle

Source: AMBCrypto

Date: Wed, 04 Jan 2023 14:30:20

Since its steep drop last December, Cardano [ADA] has lost about 20% of its value and hit a new low at $0.2415 until press time. The $0.2415 support was strong enough for the bulls to initiate a rally.

3 Cheap Cryptos to Buy Now for Big Gains

Source: Investorplace

Date: Wed, 04 Jan 2023 14:00:14

These three cheap cryptos to buy all can jump during the sector's next rally. That rally could be around the corner.

What's Making Cardano (ADA) Price Rally Over The Likes Of Dogecoin & XRP?

Source: Coingape

Date: Wed, 04 Jan 2023 12:43:38

In terms of value, the cryptocurrency market as a whole, including Cardano (ADA), had a turbulent year in 2022. However, in the past twenty-four hours, the trade volume for ADA has reached around $250 million, while the Cardano (ADA) price has increased by almost 7% in a day.

Neutral News

Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 04 Jan 2023 13:17:52

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

ADA 75% Bigger Than SOL as Solana Gets Flipped by Tron: YouTuber Ben Armstrong

Source: UToday

Date: Wed, 04 Jan 2023 07:03:00

Crypto blogger Armstrong praises ADA, slams Solana as it falls below Tron by market capitalization

Cardano Founder's Take on NFT Causes Major Controversy

Source: UToday

Date: Wed, 04 Jan 2023 03:31:00

Major controversy arises after Charles Hoskinson right-clicks and saves Cardano NFT

Negative News

The crypto assets most affected by the bear market in 2022: Solana, Cardano and Axie Infinity

Source: The Cryptonomist

Date: Wed, 04 Jan 2023 06:44:05

Three cryptocurrencies that suffered greatly from the market downturn

 

RIPPLE (XRP)

Current Price: $ 0.35 (24h Changes: 0.37 %)

Current Market Cap: $ 17,553,755,980 (24h Changes: 0.13 %)

Positive News

Metrics Point To Strong Bullish Cases For XRP In 2023 As Landmark Ruling In Ripple v. SEC Lawsuit Nears

Source: Zycrypto

Date: Wed, 04 Jan 2023 14:30:14

XRP, the native token of the XRP Ledger blockchain network, has notable market divergence metrics pointing to a strong bullish case, according to an

XRPL Top Use Cases in 2023 Indicated by Community

Source: UToday

Date: Wed, 04 Jan 2023 10:50:00

XRP community enthusiast recalled functions of RippleNet and XRP that might be of crucial importance in 2023

Ripple Boss Bullish About 2023 Being The Year Regulatory Issues In US Gain Breakthrough Clarity

Source: Zycrypto

Date: Wed, 04 Jan 2023 09:00:35

Brad Garlinghouse, the CEO of Ripple Labs, has expressed his cautious optimism about regulatory clarity for the crypto industry potentially coming to the United States in 2023.

Neutral News

Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 04 Jan 2023 13:17:52

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

XRP Buyback Not Possible, Says Ex-Ripple Executive

Source: UToday

Date: Wed, 04 Jan 2023 10:40:00

Matt Hamilton on XRP buyback: 'it's fantasy'

People Still Care About XRP, CryptoLaw Founder Says, Here's Why

Source: UToday

Date: Wed, 04 Jan 2023 10:21:00

One of thought leaders in XRP community shares his take on why market still cares about XRP

Negative News

Ripple Will Deflect, Say Craig Wright After Calling XRP A Ponzi Scheme

Source: Coingape

Date: Wed, 04 Jan 2023 08:05:50

XRP News: The war of words between David Schwartz, Ripple CTO and Craig Wright, self proclaimed Bitcoin creator stretches to another day. Craige Wright has made another claim over the utility of XRP and Ripple.

Self-proclaimed Satoshi slams XRP as a Ponzi scheme, says Ripple will deflect

Source: Finbold

Date: Wed, 04 Jan 2023 06:26:38

In the midst of a legal dispute with the U.S. Securities and Exchange Commission (SEC) over Ripple's alleged unlawful sale of $1.3 billion worth of XRP tokens, self-proclaimed “Satoshi Nakamoto,” Craig Wright, has continued his vocal attack against the digital asset and blockchain company.

 

SOLANA (SOL)

Current Price: $ 12.92 (24h Changes: 0.69 %)

Current Market Cap: $ 4,820,795,298 (24h Changes: -1.17 %)

Positive News

Why Lido DAO, Ethereum Classic, and Solana Popped on Wednesday

Source: The Motley Fool

Date: Wed, 04 Jan 2023 14:10:01

Cryptocurrencies are jumping on some potentially positive long-term news.

Solana Surges as Memecoin Bonk Fires Up Community Interest

Source: Coindesk

Date: Wed, 04 Jan 2023 14:00:20

Solana's SOL token has been jumping in the past 24 hours, while other cryptocurrencies like bitcoin (BTC) and ether (ETH) are trading sideways. This comes as interest in the Solana community is swirling around the decision by the newly launched shiba inu-themed token Bonk (BONK) to do a large airdrop.

Magic Eden Turns Nasty with Explicit NFTs as Solana (SOL) Shoots Up 18%

Source: Dailycoin

Date: Wed, 04 Jan 2023 12:00:41

Magic Eden caused a hard time for NFT lovers by showcasing unsavory images.

Neutral News

Is It Finally Time to Give Up on Solana, Down 94% From Its All-Time High?

Source: The Motley Fool

Date: Wed, 04 Jan 2023 09:05:00

Solana is down 94% for the year, but are fears about FTX contagion overblown?

Machine learning algorithm sets Solana price for January 31, 2023

Source: Finbold

Date: Wed, 04 Jan 2023 08:46:03

Solana (SOL) dropped to its lowest level since February 2021 last week, but after nine days of continuous declines, the SOL price has now rebounded from below $8 to above testing resistance at $14 as of January 4. 

ADA 75% Bigger Than SOL as Solana Gets Flipped by Tron: YouTuber Ben Armstrong

Source: UToday

Date: Wed, 04 Jan 2023 07:03:00

Crypto blogger Armstrong praises ADA, slams Solana as it falls below Tron by market capitalization

Negative News

The crypto assets most affected by the bear market in 2022: Solana, Cardano and Axie Infinity

Source: The Cryptonomist

Date: Wed, 04 Jan 2023 06:44:05

Three cryptocurrencies that suffered greatly from the market downturn

 

AVALANCHE (AVAX)

Current Price: $ 12.07 (24h Changes: 6.79 %)

Current Market Cap: $ 3,770,054,062 (24h Changes: 6.37 %)

Positive News

Don't Miss out on Metacade (MCADE), Solana (SOL) and Avalanche (AVAX) – Crypto Market Forecast for 2023 – 2025

Source: Invezz

Date: Wed, 04 Jan 2023 11:47:15

As investors finally begin to sense the bottom of the bear market drawing closer, it's obvious that accurate crypto market forecasts are vital to making profitable investment decisions. With this in mind, let's take a look at why Metacade, Solana and Avalanche are shaping up to offer incredible potential over the next year and beyond.

Avalanche (AVAX) Price Is Edging Closer to a Bullish Breakout

Source: BeInCrypto

Date: Wed, 04 Jan 2023 11:00:00

The Avalanche (AVAX) price has been moving upward since bouncing at the support line of a bullish pattern on Dec. 30. A breakout from it is the most likely forecast.

Neutral News

Avalanche: Will 2023 Bring A Fruitful Recovery For The AVAX Ecosystem? 

Source: NewsBTC

Date: Wed, 04 Jan 2023 04:10:12

The 2022 crypto bear market left a deep mark on the Avalanche ecosystem. AVAX, the native token of Avalanche, dropped by a whopping 89.5%, leaving many investors scratching their heads.

 

NEAR (NEAR)

Current Price: $ 1.56 (24h Changes: 19.23 %)

Current Market Cap: $ 1,319,848,758 (24h Changes: 18.55 %)

Neutral News

NEAR Foundation Improves Grant Allocation Process From Early 2023

Source: Coincu

Date: Wed, 04 Jan 2023 04:52:30

Key Points: According to the official blog, the NEAR Foundation announced that it is improving its appropriation process, including a more decentralized capital allocation model through DAO appropriation, initially involving DeveloperDAO, MarketingDAO, CreativesDAO, and an additional DAOs to be formed starting Q1 2023.

 

COSMOS (ATOM)

Current Price: $ 10.13 (24h Changes: 0.49 %)

Current Market Cap: $ 2,967,324,715 (24h Changes: 0.29 %)

Positive News

Top Altcoins Poised To Surge More Than 25% in Q1

Source: CoinPedia

Date: Wed, 04 Jan 2023 07:31:18

The day began with a bullish outlook as Bitcoin and other altcoins, including Ethereum, BNB, XRP, Cardano, and LINK, saw a bull run. This has caused a 1.27% increase in the global crypto market cap over the past 24 hours.

 

POLKADOT (DOT)

Current Price: $ 4.62 (24h Changes: 2.44 %)

Current Market Cap: $ 5,494,489,382 (24h Changes: 2.13 %)

Positive News

3 Cheap Cryptos to Buy Now for Big Gains

Source: Investorplace

Date: Wed, 04 Jan 2023 14:00:14

These three cheap cryptos to buy all can jump during the sector's next rally. That rally could be around the corner.

Top Altcoins Poised To Surge More Than 25% in Q1

Source: CoinPedia

Date: Wed, 04 Jan 2023 07:31:18

The day began with a bullish outlook as Bitcoin and other altcoins, including Ethereum, BNB, XRP, Cardano, and LINK, saw a bull run. This has caused a 1.27% increase in the global crypto market cap over the past 24 hours.

Analyst Predicts Rallies for Chainlink, Polkadot, Binance Coin and Two Additional Altcoins – Here Are His Targets

Source: The Daily Hodl

Date: Wed, 04 Jan 2023 05:15:44

Popular crypto analyst Michaël van de Poppe is predicting rallies for Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Cosmos (ATOM) and SKALE (SKL). In a new YouTube strategy session, Van de Poppe tells his 163,000 subscribers that Chainlink is likely to rally after the decentralized oracle network first dips by as much as 20%.

Neutral News

Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Source: Cointelegraph

Date: Wed, 04 Jan 2023 13:17:52

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

Polkadot can push as high as $5, but is a bearish reversal imminent?

Source: AMBCrypto

Date: Wed, 04 Jan 2023 09:30:17

Polkadot has soared past the $4.35 resistance and broke the lower timeframe bearish market structure a few days ago. The asset hasn't looked back since and went on to post gains of almost 7% since then.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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