What Happens To L1 Tokens Today? (06 Dec 2022, Tuesday)


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BITCOIN (BTC)

Current Price: $ 16,933.54 (24h Changes: -1.0 %)

Current Market Cap: $ 325,324,209,788 (24h Changes: -0.85 %)

Positive News

Bitcoin Analysts Predict 2023 Rally Whilst Central Banks Tout Fears of 70% Price Drop

Source: Dailycoin

Date: Mon, 05 Dec 2022 14:00:18

Standard Chartered price Bitcoin at $5000 in a 2023 ‘surprise scenario'.

Bitcoin Price Analysis: Near Multi-Week Highs - 6 December 2022

Source: Crypto Daily

Date: Mon, 05 Dec 2022 11:00:00

BTC/USD Near Multi-Week Highs:  Sally Ho's Technical Analysis – 6 December 2022 Bitcoin (BTC/USD) remained near multi-week highs early in the Asian session as the pair traded as high as the 17424.59 level after buying pressure intensified around the 16907 area, representing another test of the 23.6% retracement of the appreciating range from 15460 to 17317.80.   If BTC/USD is able to extend its upward trajectory, upside areas of potential technical resistance and selling pressure including the 17791, 18495, 19199, 20070, and 20201 levels.

Bitcoin Kicks Off Week Above $17,000, Market Sentiment Turns Optimistic

Source: NewsBTC

Date: Mon, 05 Dec 2022 10:37:15

Bitcoin is seeing some green during this week's market opening and seems poised to reclaim higher levels in the short term. The number one crypto by market cap experienced some of its worst months in history, but the bulls were able to hold the line at around $15,500.

Neutral News

Sam Bankman-Fried's Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report

Source: The Daily Hodl

Date: Mon, 05 Dec 2022 14:45:56

Alameda Research, the trading firm founded by the disgraced former crypto billionaire Sam Bankman-Fried, reportedly invested well over a billion dollars into a Bitcoin (BTC) mining firm. According to a report from Bloomberg, Alameda bet big on BTC mining via a $1.

Tim Draper Maintains His $250K Price Call for Bitcoin by Mid-2023

Source: Coinspeaker

Date: Mon, 05 Dec 2022 13:08:33

For Tim Draper, Bitcoin has a lot of fundamentals that are capable of powering its growth over time.

Dropping short-Bitcoin outflows indicate positive sentiment

Source: CryptoSlate

Date: Mon, 05 Dec 2022 13:04:17

The decreasing outflow volumes across short-Bitcoin products could be an indication of improving fundamentals as opportunistic investors rush to buy the dip.  On the other hand, digital asset investment products (mostly comprising short products) saw outflows totalling $7.5 million, while long products recorded $3.3 million.

Negative News

Standard Chartered expects Bitcoin to plunge to $5K in 2023

Source: Crypto news

Date: Mon, 05 Dec 2022 13:27:43

According to the banking startup, the largest crypto by market cap will drop to as low as $5,000. The bank's head of global financial research, Eric Robertsen, saw that even though the coin's sell-off pressure is getting lower, the price fall could continue.

Warren Buffett Explains His Hate for Bitcoin

Source: LiveBitcoinNews

Date: Mon, 05 Dec 2022 12:00:31

Bitcoin has had its worst year to date, and Warren Buffett – the billionaire investor and CEO behind real estate giant Berkshire Hathaway – is laughing in all our faces right about now. Warren Buffett Really Hates Bitcoin Buffett has never supported bitcoin.

Botched Bitcoin Experiment Using Chivo Wallet Cost El Salvador's Taxpayers Over $20 Million – Report

Source: Zycrypto

Date: Mon, 05 Dec 2022 11:25:55

After causing great excitement upon its launch last year, El Salvador's Bitcoin experiment has come under fire, particularly with the Chivo wallet.

 

ETHEREUM (ETH)

Current Price: $ 1,255.71 (24h Changes: -1.81 %)

Current Market Cap: $ 151,323,494,819 (24h Changes: -1.73 %)

Positive News

Vitalik Buterin Names 5 Things Happening in Ethereum (ETH) That He's Excited About

Source: The Daily Hodl

Date: Mon, 05 Dec 2022 14:41:19

Crypto pioneer Vitalik Buterin is naming five things happening in the Ethereum (ETH) application ecosystem that he says are the most exciting to him. In a new blog post, the Ethereum creator starts his list with “money,” which he says is the most important application in cryptocurrency.

Algorithm Known for Outpacing Crypto Markets Goes Fully Risk On, Favoring Ethereum, Polygon and One ETH Rival

Source: The Daily Hodl

Date: Mon, 05 Dec 2022 14:05:41

A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

Ethereum Price Prediction as ETH Spikes Up 10% in 7 Days – Here's Where It's Headed Next

Source: Cryptonews

Date: Mon, 05 Dec 2022 08:38:00

The price of Ether (or ETH), the token that powers the Ethereum blockchain network, was last up more than 10% in the last seven days according to CoinMarketCap data. Ahead of the start of Monday's US session, ETH was last changing hands for just under $1,300 per token, up just over 2.5% in the last 24 hours and probing for a breakout to fresh near-one-month highs and a test of its 50-Day Moving Average just under $1,340.

Neutral News

Vitalik Buterin discusses his 'excitement' for the future of Ethereum

Source: Cointelegraph

Date: Mon, 05 Dec 2022 12:37:19

Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy.

Ethereum (ETH) Bulls Face Disappointment Despite Price Heading Above $1,300

Source: BeInCrypto

Date: Mon, 05 Dec 2022 11:30:00

Ethereum (ETH) price has been making some strides to establish above key the $1,300 support/resistance level. However, bulls still have some obstacles to clear before the ETH price can rise further.

Vitalik Buterin Names Most Exciting Things About Ethereum Ecosystem

Source: UToday

Date: Mon, 05 Dec 2022 11:08:00

Canadian programmer has enumerated most exciting Ethereum-based applications in recent blog post

Negative News

2,367 ETH Worth $2M Was Just Burned

Source: Benzinga

Date: Mon, 05 Dec 2022 13:00:07

What happened: On Sunday a total of 2,367.61 Ether (CRYPTO: ETH) worth $2,995,859, based on the current value of Ethereum at time of publication ($1,265.35), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Ethereum Drifts Sideways And Struggles Below $1,300

Source: Coin Idol

Date: Mon, 05 Dec 2022 11:48:00

Ethereum (ETH) price has continued to bounce between the moving average lines. The uptrend has been blocked by the high at $1,300.

Bitcoin, Ethereum Price Prediction- Market Remains Uncertain as BTC and ETH Reject Higher Prices

Source: Coingape

Date: Mon, 05 Dec 2022 10:48:26

Bitcoin, Ethereum price prediction: Market leaders struggling to sustain at higher levels create indecisiveness among crypto trades  A sudden rise in selling pressure undermined the earlier gains and prolonged the ongoing consolidation in Bitcoin and Ethereum. Furthermore, at 10:18 am EST Tuesday, the global crypto market rose to $861.4 billion, gaining 0.89% in the last The post Bitcoin, Ethereum Price Prediction- Market Remains Uncertain as BTC and ETH Reject Higher Prices appeared first on CoinGape.

 

BINANCE (BNB)

Current Price: $ 286.47 (24h Changes: -1.78 %)

Current Market Cap: $ 46,771,150,235 (24h Changes: -1.72 %)

Positive News

Three Tokens to Invest in 2023: Binance (BNB), Cardano (ADA) and Orbeon Protocol (ORBN)

Source: CryptoNewsFlash

Date: Mon, 05 Dec 2022 06:09:27

If you're new to the wonderful world of cryptocurrencies, Binance (BNB), Cardano (ADA), and Orbeon Protocol (ORBN) are great coins to start with.

Neutral News

Top 5 Crypto Stocks worth investing in Before 2023

Source: Coingape

Date: Mon, 05 Dec 2022 05:25:58

Digital money that isn't controlled by a central authority, like a government, is called cryptocurrency. Instead, it is built on the most widely used blockchain technology, Bitcoin.

Bitcoin (17k), Ethereum (1.2k), Binance Coin Price Analyses

Source: The Cryptonomist

Date: Mon, 05 Dec 2022 05:20:07

The Fear and Greed Index is 26 Fear and is even to Sunday's reading

 

CARDANO (ADA)

Current Price: $ 0.32 (24h Changes: -1.62 %)

Current Market Cap: $ 11,159,157,828 (24h Changes: -1.51 %)

Positive News

Cardano's (ADA) Founding Entity Launches New Social Network App

Source: Coingape

Date: Mon, 05 Dec 2022 09:39:03

In a news related to Cardano (ADA), its founding member EMURGO has recently announced the launch of a new social media network called the Cardano Spot with a goal to connect Cardano enthusiasts, fans and token holders all around the globe. Cardano Spot is an interactive platform that is user-generated and is specifically designed to The post Cardano's (ADA) Founding Entity Launches New Social Network App appeared first on CoinGape.

Three Tokens to Invest in 2023: Binance (BNB), Cardano (ADA) and Orbeon Protocol (ORBN)

Source: CryptoNewsFlash

Date: Mon, 05 Dec 2022 06:09:27

If you're new to the wonderful world of cryptocurrencies, Binance (BNB), Cardano (ADA), and Orbeon Protocol (ORBN) are great coins to start with.

Cardano (ADA) Price Closes Bullishly for the First Time in 5 Weeks – What's Next?

Source: BeInCrypto

Date: Mon, 05 Dec 2022 04:30:00

The Cardano (ADA) price has broken down from a long-term horizontal support area but is trading inside a bullish pattern. The post Cardano (ADA) Price Closes Bullishly for the First Time in 5 Weeks – What's Next?

Neutral News

Sparklo (SPRK) Could Compete With Shiba Inu (SHIB) And Cardano (ADA)

Source: Crypto Daily

Date: Mon, 05 Dec 2022 09:45:00

Anyone who is looking for profitable cryptocurrency investments should take a look at new alternative investments. That's because cryptocurrency investments such as Cardano (ADA) and Shiba Inu (SHIB) are no longer delivering the best returns to investors.

Prices and news about Cardano, CRO, Shiba Inu, The Sandbox and Bitcoin Cash

Source: The Cryptonomist

Date: Mon, 05 Dec 2022 09:06:40

The markets for the two major cryptocurrencies have been sluggish in recent weeks, but by analyzing the smaller cryptocurrencies

Cardano's ADA Remains Slightly Below "Fair Value" per Metric: Details

Source: UToday

Date: Mon, 05 Dec 2022 08:57:00

Cardano's value proposition explained

 

RIPPLE (XRP)

Current Price: $ 0.39 (24h Changes: -1.96 %)

Current Market Cap: $ 19,426,308,306 (24h Changes: -1.94 %)

Positive News

Ripple is the only crypto firm among America's 10 most-valued startups

Source: Finbold

Date: Mon, 05 Dec 2022 11:57:46

Blockchain firm Ripple continues to record growth that has elevated the company to rank as the only cryptocurrency-related firm among the top ten United States most valued startups. 

$XRP: Gokhshtein Media Founder Predicts Legal Victory for Ripple

Source: CryptoGlobe

Date: Mon, 05 Dec 2022 11:20:05

On 4 December 2022, entrepreneur David Gokhshtein, who is Founder and Chairman of crypto-focused media outlet Gokhshtein Media, predicted victory for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (“SEC”). As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc.

Ripple Will Win as Well as Crypto Industry, David Gokhshtein Predicts

Source: UToday

Date: Mon, 05 Dec 2022 10:31:00

Ripple continues to stand strong against SEC's onslaught

Neutral News

Ripple vs. SEC Saga Approaches an End as Crypto Firm Files Final Submission

Source: Dailycoin

Date: Mon, 05 Dec 2022 12:00:19

According to Ripple, SEC didn't justify its assertion that sale of XRP constituted offer or sale of investment contract.

Here's How XRP's Value Can Finally Be Realized: Max Avery

Source: UToday

Date: Mon, 05 Dec 2022 11:35:00

Entrepreneur and political commentator praises XRP, stating that it has something other crypto projects do not possess

Ripple Partner Airwallex Joins Forces with Agoda Global Digital Travel Platform in Singapore

Source: UToday

Date: Mon, 05 Dec 2022 10:57:00

Airwallex has teamed up with Agoda for the benefit of Hong Kong business travelers

Negative News

More Pain Ahead for Crypto Market Says XRP Lawyer in Ripple vs SEC Lawsuit

Source: CoinPedia

Date: Mon, 05 Dec 2022 08:22:27

The crypto space which suffered massively during the recent fallout ever since Sam Bankman-Fried led FTX exchange collapsed finely. On the other hand, the US SEC and its Chair Gary Gensler have been presumed to have taken irregular steps to protect the market.

XRP Lawyer Hints This Could Cause Another 50% Crypto Crash

Source: Coingape

Date: Mon, 05 Dec 2022 04:01:57

XRP News: The global cryptocurrency industry is still struggling to recover from the recent Sam Bankman-Fried's (SBF) FTX collapse. Industry experts have alleged the US SEC and its chair, Gary Gensler for taking irregular steps to protect the market.

Ripple Price Analysis: Bears Active Near $0.40

Source: LiveBitcoinNews

Date: Mon, 05 Dec 2022 00:18:30

Ripple price started a fresh decline from the $0.4100 resistance against the US dollar. The price is now trading near $0.3940 and near the 55 simple moving average (4-hours).

 

SOLANA (SOL)

Current Price: $ 13.74 (24h Changes: 1.04 %)

Current Market Cap: $ 4,997,605,123 (24h Changes: 0.96 %)

Positive News

DeFi rising: Solana, Chainlink and Cosmos show big gains – FTX stokes Focus after crash

Source: CryptoNewsFlash

Date: Mon, 05 Dec 2022 08:06:53

Bitcoin needs to sustain above $17,000 to continue further momentum in the market.

Here's How Solana Price Can Get Another 30% Leg Up

Source: BeInCrypto

Date: Mon, 05 Dec 2022 07:45:00

The Solana (SOL) price broke out from a short-term resistance line but is still trading inside a long-term resistance area. The post Here's How Solana Price Can Get Another 30% Leg Up appeared first on BeInCrypto.

Will Solana go up? SOL price outlook amid FTX contagion

Source: Cryptopolitan

Date: Mon, 05 Dec 2022 07:26:34

Solana had a wild run in the third quarter of 2022 and took its biggest hit in November when it fell over 50%. SOL price dynamics are taking the heat off the crypto industry; as market sentiment recovers, we can anticipate it to recoup losses.

Neutral News

Solana (SOL) Attracts Fund Flows Second Week Straight for First Time Since FTX Collapse

Source: UToday

Date: Mon, 05 Dec 2022 10:44:00

SOL sparks investors' interest as this funds flows data shows

Price analysis of Bitcoin, Ethereum, Dogecoin, Polygon, Solana and AXS

Source: The Cryptonomist

Date: Mon, 05 Dec 2022 10:16:06

The new week, the first of December, starts upward again, celebrating buoyant weekly closes

 

AVALANCHE (AVAX)

Current Price: $ 13.56 (24h Changes: -1.25 %)

Current Market Cap: $ 4,204,284,247 (24h Changes: -1.2 %)

Positive News

Avalanche [AVAX] rallies over the past week, but do not celebrate just yet 

Source: AMBCrypto

Date: Mon, 05 Dec 2022 14:30:21

After weeks, AVAX's TVL registered an uptick  However, bearish indicators suggested that a price reversal was on the cards Avalanche's [AVAX] performance of last week was worth praising as it registered double-digit gains. Investors had a great time, as according to CoinMarketCap, AVAX's price increased by 15% during the period.

Algorithm Known for Outpacing Crypto Markets Goes Fully Risk On, Favoring Ethereum, Polygon and One ETH Rival

Source: The Daily Hodl

Date: Mon, 05 Dec 2022 14:05:41

A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

Avalanche price analysis: AVAX gears to test $14.29 resistance as bullish momentum recharges

Source: Cryptopolitan

Date: Mon, 05 Dec 2022 03:34:23

Avalanche price analysis confirms an increasing trend for cryptocurrency as the coin value has increased today. The price levels have increased again as bulls continue their lead after the correction that took place in the previous trading session, which resulted in a break upward for the price function.

 

COSMOS (ATOM)

Current Price: $ 10.19 (24h Changes: -0.65 %)

Current Market Cap: $ 2,979,249,184 (24h Changes: -0.43 %)

Positive News

Micheal Van de Poppe Forecasts Massive Bull Rally for 2023, Predicts Upswing for Ethereum & Cosmos

Source: CoinPedia

Date: Mon, 05 Dec 2022 08:37:37

The crypto space is believed to have risen above the bearish trend as the prices of Bitcoin and popular altcoins have raised by a decent margin. The technicals also suggest a massive upswing could be lined up as the bulls appear to be well in the position.

DeFi rising: Solana, Chainlink and Cosmos show big gains – FTX stokes Focus after crash

Source: CryptoNewsFlash

Date: Mon, 05 Dec 2022 08:06:53

Bitcoin needs to sustain above $17,000 to continue further momentum in the market.

Top Analyst Forecasts Massive 2023 Bitcoin Rally, Updates Outlook on Ethereum and Cosmos

Source: The Daily Hodl

Date: Mon, 05 Dec 2022 03:04:15

A widely followed crypto strategist believes that Bitcoin (BTC) is gearing up for a massive rally next year. Analyst Michaël van de Poppe tells his 642,700 Twitter followers that he expects Bitcoin to ignite big rallies toward his targets of $42,313 and $50,324 by June 2023 based on key Fibonacci levels.

Neutral News

Tamadoge (TAMA), Shiba Inu (SHIB), and Cosmos (ATOM) Leave Holders Disappointed, While Massive 525% Price Spike Indicates Huge Interest in Orbeon Protocol (ORBN)

Source: Crypto Daily

Date: Mon, 05 Dec 2022 10:15:00

On-chain data shows that Tamadoge (TAMA), Shiba Inu (SHIB), and Cosmos (ATOM) holders are flocking to Orbeon Protocol (ORBN) by the masses. But why did this newcomer in the crypto space draw their attention?

 

POLKADOT (DOT)

Current Price: $ 5.48 (24h Changes: -1.25 %)

Current Market Cap: $ 6,457,980,120 (24h Changes: -1.27 %)

Positive News

Polkadot price analysis: DOT looks promising as it starts a new uptrend, at $5.70

Source: Cryptopolitan

Date: Mon, 05 Dec 2022 02:02:47

Polkadot price analysis has been trending upward over the past few days, as the cryptocurrency is currently priced at $5.70. The key resistance level is at the $5.73 mark, and a break above this price could signal further gains for Polkadot in the near future.

Neutral News

Top 5 Crypto Stocks worth investing in Before 2023

Source: Coingape

Date: Mon, 05 Dec 2022 05:25:58

Digital money that isn't controlled by a central authority, like a government, is called cryptocurrency. Instead, it is built on the most widely used blockchain technology, Bitcoin.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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