What Happens To L1 Tokens Today? (06 Jan 2023, 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.

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BITCOIN (BTC)

Current Price: $ 16,857.96 (24h Changes: 0.12 %)

Current Market Cap: $ 324,648,309,338 (24h Changes: 0.1 %)

Positive News

BlackRock Adds Bitcoin to Global Allocation Fund

Source: Coinspeaker

Date: Thu, 05 Jan 2023 14:02:17

BlackRock is now providing Bitcoin exposure to the ordinary and passive investors of its Global Allocation Fund. 

The Bitcoin bear market is over, and these factors will drive next bull run – Report

Source: CryptoNewsFlash

Date: Thu, 05 Jan 2023 10:40:42

The Santiment report explained that three events would be a recipe for a crypto market rebound this new year.

Bitcoin: PnL index and NUPL metric suggest that BTC bottom is

Source: AMBCrypto

Date: Thu, 05 Jan 2023 10:30:05

Several forecasts have been made about ‘when the bear market would end,' and in most cases, this coincided with a rally in Bitcoin's [BTC] price. A glance at several important measures can help point one in the correct way when trying to make sense of the rumors and theories surrounding the king coin and its future move.

Neutral News

Bloomberg Strategist on $ETH vs $BTC: “Ethereum's Upper Hand Could Be Enduring”

Source: CryptoGlobe

Date: Thu, 05 Jan 2023 14:39:23

On Thursday (5 January 2023), Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg's research arm on the Bloomberg Terminal”), shared his outlook for Bitcoin and Ethereum. In the January 2023 edition of Bloomberg Intelligence's “Crypto Outlook” report, McGlone (and the two contributing analysts he worked with on this research) said: “Ethereum's upward performance vs.

Research: Bitcoin super whales remain aggressive accumulators, retail sells

Source: CryptoSlate

Date: Thu, 05 Jan 2023 14:10:53

Glassnode data analyzed by CryptoSlate showed a divergence between super whales and retail, with the former remaining in aggressive accumulation mode going into the new year. The post Research: Bitcoin super whales remain aggressive accumulators, retail sells appeared first on CryptoSlate.

Altcoin Trading Dominance Exceeds 50%, What Does This Mean For Bitcoin?

Source: Bitcoinist

Date: Thu, 05 Jan 2023 14:00:00

On-chain data shows the trading dominance of altcoins is now more than 50%; here's what this may mean for Bitcoin. Altcoin Trading Dominance Has Increased To More Than 50% As pointed out by an analyst in a CryptoQuant post, sustainable moves in the market have usually started with Bitcoin going up first.

Negative News

Bitcoin and ether down; Silvergate plunges 40%

Source: The Block

Date: Thu, 05 Jan 2023 13:48:09

Crypto prices remain relatively steady. Crypto-related stocks sink following a torrent of news, including layoffs at Silvergate and a fresh downgrade for COIN. The post Bitcoin and ether down; Silvergate plunges 40% appeared first on The Block.

Bitcoin Could Have 'Panic Day' Today, Ben Armstrong Says, Here's Why

Source: UToday

Date: Thu, 05 Jan 2023 11:15:00

Popular crypto blogger has named factors that might push Bitcoin below $15,000 soon

Short-Term Bitcoin Rally Loses Steam, Uncertainty To Dominate Price Action?

Source: NewsBTC

Date: Thu, 05 Jan 2023 10:16:45

Bitcoin (BTC) is back to its range after a failed attempt to reclaim previously lost territory, with a likelihood of seeing further losses. The crypto market has seen a weak price action in 2023, but BTC has been notably more fragile than other digital assets.

 

ETHEREUM (ETH)

Current Price: $ 1,252.88 (24h Changes: 0.0 %)

Current Market Cap: $ 151,028,153,271 (24h Changes: 0.03 %)

Positive News

Ethereum Whales Are on a Buying Spree – Will the ETH Price Explode to $2,000

Source: CryptoNewsFlash

Date: Thu, 05 Jan 2023 12:45:38

Ethereum is regaining its momentum as whales are currently on an accumulation spree.

Ethereum Price Predictions: Can the ETH Crypto Recover in 2023?

Source: Investorplace

Date: Thu, 05 Jan 2023 12:45:36

Ethereum (ETH) price predictions are a hot topic among crypto traders this week as the market saw a rally with reignited interest.

Ethereum Price Prediction – How High Can ETH Go in 2023?

Source: Cryptonews

Date: Thu, 05 Jan 2023 11:29:00

ETH, the native cryptocurrency that powers the smart contract-enabled decentralized Ethereum blockchain, is consolidating on Thursday near the $1,250 mark after posting decent gains in the first few days of this week. Indeed, despite now having pulled close to 2% lower versus Wednesday's highs in the $1,270 area, ETH is still up about 4.0% this week, after mustering a clean upside break of both of its 21 and 50-Day Moving Averages on Wednesday.

Neutral News

Bloomberg Strategist on $ETH vs $BTC: “Ethereum's Upper Hand Could Be Enduring”

Source: CryptoGlobe

Date: Thu, 05 Jan 2023 14:39:23

On Thursday (5 January 2023), Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg's research arm on the Bloomberg Terminal”), shared his outlook for Bitcoin and Ethereum. In the January 2023 edition of Bloomberg Intelligence's “Crypto Outlook” report, McGlone (and the two contributing analysts he worked with on this research) said: “Ethereum's upward performance vs.

Crypto Analyst Michaël van de Poppe Forecasts Ethereum's Trajectory in Early 2023 – Here's His Outlook

Source: The Daily Hodl

Date: Thu, 05 Jan 2023 14:05:24

Popular crypto analyst Michaël van de Poppe says Ethereum (ETH) could have a “massive” breakout early this year. In a new YouTube strategy session video, Van de Poppe tells his 163,000 YouTube subscribers that the smart contract platform may see at least a 6.5% increase within months. “We've had a massive break to the upside.

How Ethereum is different from Bitcoin | Crypto Corner

Source: Yahoo Finance

Date: Thu, 05 Jan 2023 13:22:09

In this episode of Crypto Corner, a series that dives into cryptocurrency, Yahoo Finance Producer Joseph Santangelo explores The Merge, ether and gas as it relates to Ethereum. Featuring Ethereum Co-Founder Charles Hoskinson, Ethereum Core Developer Lane Rettig, ConsenSys Chief Technology Officer Rob Dawson, and Yahoo Finance Senior Reporters Jennifer Schonberger and David Hollerith.

Negative News

Bitcoin and ether down; Silvergate plunges 40%

Source: The Block

Date: Thu, 05 Jan 2023 13:48:09

Crypto prices remain relatively steady. Crypto-related stocks sink following a torrent of news, including layoffs at Silvergate and a fresh downgrade for COIN. The post Bitcoin and ether down; Silvergate plunges 40% appeared first on The Block.

Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come

Source: Bitcoin

Date: Thu, 05 Jan 2023 08:30:21

Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December's meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also remained close to recent highs on Thursday.

Research Firm Issues Warning For Bitcoin And ETH Investors Over DCG Situation

Source: NewsBTC

Date: Thu, 05 Jan 2023 08:30:03

Renowned crypto firm Arcane Research has issued a warning to Bitcoin (BTC) and Ethereum (ETH) investors in light of the escalating events surrounding Digital Currency Group (DCG), Genesis, and Grayscale. In an article by analyst Vetle Lunde, the firm warns: Investors should pay attention to the ongoing financial distress related to Digital Currency Group (DCG) as the outcome could severely impact crypto markets.

 

BINANCE (BNB)

Current Price: $ 257.69 (24h Changes: 0.07 %)

Current Market Cap: $ 42,115,188,084 (24h Changes: 0.26 %)

Positive News

Cryptosat and SpaceX foster Bitcoin, Binance Coin and crypto adoption by bringing satellite to orbit

Source: CryptoNewsFlash

Date: Thu, 05 Jan 2023 08:39:35

DogecoinCryptosat launches its second satellite into space on SpaceX's Transporter 6 mission on Jan.

Trader Joe's DEX and NFT marketplace to expand to BNB Chain

Source: The Block

Date: Thu, 05 Jan 2023 07:09:05

Trader Joe's integration with Arbitrum and BNB Chain follows a trend of other decentralized finance (DeFi) protocols deploying on multiple chains. The post Trader Joe's DEX and NFT marketplace to expand to BNB Chain appeared first on The Block.

Top Ethereum Tokens To Buy in January 2023

Source: Coingape

Date: Thu, 05 Jan 2023 06:43:04

With a market capitalization of $211.04 billion and 25.79% dominance in the crypto market, Ethereum (ERC-20) tokens have been a major force behind the adoption and growth of the crypto industry. Due to its versatile and robust mechanism, as well as a vibrant Ethereum community, ERC-20 tokens gained popularity and saw quick adoption.

Negative News

BNB reached near the overbought zone; is a price reversal likely?

Source: AMBCrypto

Date: Thu, 05 Jan 2023 11:30:05

Binance Coin (BNB) faced a strong FUD in mid-December that sent the price down from around $270 to a new low of $220. However, the bulls found solid support at $231.2 and were able to mount a successful recovery.

Binance Coin Is Still A Range Despite Its Rebound Above $225

Source: Coin Idol

Date: Thu, 05 Jan 2023 07:46:00

Binance Coin (BNB) price is recovering, but the upside momentum is not enough to break the $250 resistance level.

 

CARDANO (ADA)

Current Price: $ 0.27 (24h Changes: 1.51 %)

Current Market Cap: $ 9,449,972,324 (24h Changes: 1.72 %)

Positive News

Cardano (ADA) Price Soars by 12% In Light of Increasing DeFi Activity

Source: BeInCrypto

Date: Thu, 05 Jan 2023 11:00:00

The Cardano (ADA) price has increased by 12% this year, fueled by positive Cardano news. Nevertheless, the Cardano long-term price prediction is still undetermined.

Cardano: CUE and Conway Era allow for mega performance with Bitcoin, Ethereum, and other projects

Source: CryptoNewsFlash

Date: Thu, 05 Jan 2023 06:05:31

A Twitter user identified as “thepizzaknight_” explains in a long thread that Cardano will add support for SECP256k1 as a built-in function on the network.  According to him, Cardano currently uses Curve25519 while Bitcoin and Ethereum use SECP256k1.

ADA Price Prediction: Bulls Eye a Return to $0.270 to Target $0.280

Source: FXEmpire

Date: Thu, 05 Jan 2023 00:13:02

After a Wednesday breakout session, ADA was in the red this morning. However, crypto-friendly US stats and network updates would support another rally.

Neutral News

Cardano: Analytics Firm Looks at Behavior of Small to Medium-Sized $ADA Investors

Source: CryptoGlobe

Date: Thu, 05 Jan 2023 09:35:13

On Monday (2 January 2023), crypto analytics startup Santiment, which provides tools that make “powerful OnChain, Social & Financial analysis accessible to anyone”, analyzed the behavior of small to medium investors in several popular cryptocurrencies.

Top Trader Reveals Forecasts for Cardano, XRP, Dogecoin and Three Additional Altcoins As 2023 Begins

Source: The Daily Hodl

Date: Thu, 05 Jan 2023 07:45:35

A widely followed crypto analyst is breaking down his predictions for Ethereum (ETH) and a handful of popular altcoins.

Cardano Price Prediction as $200 Million Trading Volume Comes In – Where is ADA Headed Now?

Source: Cryptonews

Date: Thu, 05 Jan 2023 07:00:00

Cardano price is gasping for air as bulls work around the clock to stay buoyant. The smart contracts token kicked off the year negatively, with declines below $0.30 extending to $0.24. However, ADA has climbed in the last few days and reached a weekly high of $0.27.

 

RIPPLE (XRP)

Current Price: $ 0.34 (24h Changes: -1.68 %)

Current Market Cap: $ 17,259,329,603 (24h Changes: -1.6 %)

Positive News

XRP relisted, Ripple CEO optimistic about the Lawsuit

Source: CryptoTicker

Date: Thu, 05 Jan 2023 13:08:49

Is XRP a good investment in 2023? Will XRP price go up in 2023 and the SEC lawsuit gets resolved?

5 Must-Buy Cryptos for Your January Buy List

Source: Investorplace

Date: Thu, 05 Jan 2023 12:50:15

These 5 cryptos could be multibaggers as the trough is always the best time to go shopping for cryptos to buy due to their cyclical nature.

XRP Worth $600,000 Traded on Major Exchange 2 Hours After Relisting

Source: UToday

Date: Thu, 05 Jan 2023 08:42:00

Over half a million dollars in XRP traded hours after relisting on Bitmart

Neutral News

Top Trader Reveals Forecasts for Cardano, XRP, Dogecoin and Three Additional Altcoins As 2023 Begins

Source: The Daily Hodl

Date: Thu, 05 Jan 2023 07:45:35

A widely followed crypto analyst is breaking down his predictions for Ethereum (ETH) and a handful of popular altcoins.

MoneyGram requires to seal part of its filings in Ripple lawsuit

Source: Crypto news

Date: Thu, 05 Jan 2023 07:24:42

The lawsuit between Ripple (XRP) and the US Securities and Exchange Commission (SEC) has entered its third year. On Jan. 5, cross-border payments company MoneyGram asked the court to seal portions of the summary judgment records in the ongoing lawsuit.

XRP Lawsuit: MoneyGram, Other Third Parties File Motion Seal Docs; What's Next?

Source: Coingape

Date: Thu, 05 Jan 2023 06:09:04

XRP Lawsuit News: MoneyGram International Inc., cross-border payments firm and other third parties moved their motion to seal portions of the parties' Summary Judgment materials in the XRP lawsuit. However, Ripple, other defendants and the US SEC have fully briefed the Motions for Summary Judgment, including the Oppositions and Replies.

 

SOLANA (SOL)

Current Price: $ 13.67 (24h Changes: 3.59 %)

Current Market Cap: $ 4,993,995,512 (24h Changes: 5.81 %)

Positive News

How Solana (SOL) Can Be Saved: Memecoin Bonk (BONK) Surges 4424%

Source: Dailycoin

Date: Thu, 05 Jan 2023 14:00:12

Fresh off the boat, Shiba Inu's clone BONK comes to defend the embattled Solana with a massive bull run.

SOL Jumps 40% In A Week As Solana Ecosystem Flares With Massive Activity

Source: Zycrypto

Date: Thu, 05 Jan 2023 13:33:41

Solana, one of the largest proof-of-stake cryptocurrencies, has been going bonkers, jumping over 40% in the past seven days on the back of

Solana's (SOL) Daily Active User Base Soars 50% in January, Here's Why

Source: UToday

Date: Thu, 05 Jan 2023 10:57:00

Solana undergoing renaissance in 2023, with 50,000 more active users daily

Neutral News

Top Trader Reveals Forecasts for Cardano, XRP, Dogecoin and Three Additional Altcoins As 2023 Begins

Source: The Daily Hodl

Date: Thu, 05 Jan 2023 07:45:35

A widely followed crypto analyst is breaking down his predictions for Ethereum (ETH) and a handful of popular altcoins.

Overview of Dogecoin and Shiba Inu, Cardano, Solana and Cronos

Source: The Cryptonomist

Date: Thu, 05 Jan 2023 06:23:44

Purely bearish trend caused by the weighing of the black swans of 2022

Bonk, the meme crypto that's making Solana fly

Source: The Cryptonomist

Date: Thu, 05 Jan 2023 04:02:28

A speculative bubble seems to be inflating that may already even be ready to burst

 

AVALANCHE (AVAX)

Current Price: $ 11.81 (24h Changes: -2.24 %)

Current Market Cap: $ 3,685,523,992 (24h Changes: -2.13 %)

Positive News

Shopify Merchants Can Now Sell Avalanche NFTs Through Their Online Stores

Source: Decrypt

Date: Thu, 05 Jan 2023 10:59:02

Venly's Avalanche app is now available to all Shopify merchants, letting them mint and sell NFTs through a no-code interface.

Neutral News

Cryptocurrencies value: Bitcoin, Ethereum, Avalanche

Source: The Cryptonomist

Date: Thu, 05 Jan 2023 04:11:58

The Fear and Greed Index is 29 Fear and is equal to Wednesday's reading

 

NEAR (NEAR)

Current Price: $ 1.55 (24h Changes: -0.71 %)

Current Market Cap: $ 1,310,489,035 (24h Changes: -0.5 %)

Positive News

NEAR Price Maintains Bullish Start to 2023, Things to Watch Out For

Source: UToday

Date: Thu, 05 Jan 2023 04:22:00

NEAR price trading up by more than 7% amid creeping market rout

Neutral News

Crypto Price Today: Solana Dips By 1.41%, Near Protocol Gets Boost Of Double Digits

Source: Coingape

Date: Thu, 05 Jan 2023 01:15:06

Crypto Price Today: The market was trading in green yesterday as significant coins were up, however, some of the coins dipped today taking the market partially in red. Solana has dropped by 1.41% in the last 24 hours.

Negative News

Near Protocol Price Defies Gravity as DeFi TVL Plunges

Source: InvestingCube

Date: Thu, 05 Jan 2023 00:40:24

Near Protocol price staged a strong comeback on the first week of the year. After months of crashing, $NEAR price rose to a high of $1.63

 

COSMOS (ATOM)

Current Price: $ 10.15 (24h Changes: 0.08 %)

Current Market Cap: $ 2,969,664,767 (24h Changes: 0.18 %)

Neutral News

Evmos adds auto-conversion for swaps between Ethereum and Cosmos tokens

Source: The Block

Date: Thu, 05 Jan 2023 06:16:43

The latest upgrade for the Evmos blockchain has introduced automated conversions for token swaps in and out of its ecosystem. The post Evmos adds auto-conversion for swaps between Ethereum and Cosmos tokens appeared first on The Block.

 

EVMOS (EVMOS)

Current Price: $ 0.35 (24h Changes: 1.6 %)

Current Market Cap: $ 138,120,203 (24h Changes: 1.28 %)

Positive News

Evmos Now Enables Auto-conversion Features For ERC20 And Cosmos Chains

Source: Coincu

Date: Thu, 05 Jan 2023 09:21:25

Key Points: On January 4, 2023, Evmos blockchain released an upgrade which is to add automatic conversions for token exchanges in and out of its ecosystem. The Cosmos ecosystem blockchain Evmos offers built-in support for Ethereum apps and currencies.

Neutral News

Evmos adds auto-conversion for swaps between Ethereum and Cosmos tokens

Source: The Block

Date: Thu, 05 Jan 2023 06:16:43

The latest upgrade for the Evmos blockchain has introduced automated conversions for token swaps in and out of its ecosystem. The post Evmos adds auto-conversion for swaps between Ethereum and Cosmos tokens appeared first on The Block.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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