What Happens To L1 Tokens Today? (06 Sep 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.

BITCOIN (BTC)

Current Price: $ 19,751.11 (24h Changes: -0.77 %)

Current Market Cap: $ 377,990,524,421 (24h Changes: -0.78 %)

Positive News

Michael Saylor's MicroStrategy Working on Enterprise Applications of Lightning Network

Source: Crypto news

Date: Mon, 05 Sep 2022 15:27:37

Michael Saylor, the chairman of MicroStrategy, has revealed that the software company developers are working on solutions to enable large numbers of people to be able to use the Lightning Network, a layer-2 payment solution on top of Bitcoin.

12 Best Cryptocurrency to Buy Today

Source: Cryptonews

Date: Mon, 05 Sep 2022 13:06:00

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

Bitcoin Gives Power Back To The People

Source: Bitcoin Magazine

Date: Mon, 05 Sep 2022 12:10:00

This Labor day, we should not forget the importance of protecting the value of the workforce, now reinforced by Bitcoin.

Neutral News

Old Bitcoin Supply Moves Into Derivatives, Whales Setting Up Long Positions?

Source: NewsBTC

Date: Mon, 05 Sep 2022 15:00:50

On-chain data shows Bitcoin supply older than two years has moved into derivative exchanges recently, suggesting whales may be positioning themselves on the futures market. Derivative Exchange Inflow Of Bitcoin Supply Older Than 2 Years Has Spiked Up As pointed out by an analyst in a CryptoQuant post, the recent short-dominant open interest has gone down while some old coins have just been shifted into exchanges.

Bitcoin Mining Difficulty Witnesses Biggest Increase Since January

Source: NewsBTC

Date: Mon, 05 Sep 2022 14:44:05

For the world's leading cryptocurrency, Bitcoin, 2022 has been filled with many crests and troughs. Bitcoin has passed through different dilemmas that created a twist for performance and sentiment in the industry.

Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Source: Cointelegraph

Date: Mon, 05 Sep 2022 14:20:51

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.

Negative News

Massive Bitcoin Selloff Surfaces Amid Bearish Market Conditions

Source: TheNewsCrypto

Date: Mon, 05 Sep 2022 13:51:29

5,000 Bitcoins (now worth $100 million) transferred to the crypto exchange Kraken. One of the largest BTC whale addresses transferred

Poolin, One of the Largest Bitcoin Mining Pools, Suspends Withdrawals From Wallet Service

Source: Coindesk

Date: Mon, 05 Sep 2022 12:50:13

Yesterday, the mining pool admitted to liquidity issues.

Bitcoin Whales Sold August Rally, Will BTC Price Trend Lower?

Source: NewsBTC

Date: Mon, 05 Sep 2022 12:41:45

Bitcoin is trending sideways into the long U.S. weekend with the price of BTC compressing around $19,500 and $20,500. The support around the lower zone of this range might be tested as the number one cryptocurrency struggles to preserve its current levels.

 

ETHEREUM (ETH)

Current Price: $ 1,595.85 (24h Changes: 1.68 %)

Current Market Cap: $ 191,954,591,066 (24h Changes: 1.73 %)

Positive News

ETH PoW: Who Is Building, Why, & How to Profit From Token Airdrops

Source: BeInCrypto

Date: Mon, 05 Sep 2022 15:00:00

ETH holders should prepare for free crypto as developers push ahead with a proof-of-work fork ahead of the Merge. The post ETH PoW: Who Is Building, Why, & How to Profit From Token Airdrops appeared first on BeInCrypto.

Coin Bureau Host Says Cosmos (ATOM) Could Ignite 100% Rally With Ethereum (ETH) Providing Lift – Here's How

Source: The Daily Hodl

Date: Mon, 05 Sep 2022 14:05:53

The host of popular YouTube channel Coin Bureau says that Ethereum (ETH) may help pull up the price of Cosmos (ATOM) with its highly anticipated upgrade.  In a new video update, the pseudonymous analyst known as Guy tells his 2.

12 Best Cryptocurrency to Buy Today

Source: Cryptonews

Date: Mon, 05 Sep 2022 13:06:00

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

Neutral News

Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Source: Cointelegraph

Date: Mon, 05 Sep 2022 14:20:51

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.

Why Binance Will Suspend Ethereum And Wrapped Ether Wallet Services Ahead Of “The Merge”

Source: Bitcoinist

Date: Mon, 05 Sep 2022 14:17:08

Per an official post, crypto exchange Binance will take extra precautions during Ethereum's “Merge”. The platform announced a halt in ETH deposits and withdrawals across multiple networks starting tomorrow September 6th, 2022, at 2:00 UTC.

Just-In: Here's How Ethereum (ETH) Price May Move After The Merge

Source: Coingape

Date: Mon, 05 Sep 2022 10:21:57

The Ethereum (ETH) price is set to be deflationary after the Merge due to a drop in ETH issuance and the EIP 1559 burning mechanism. Glassnode data reveals Ethereum (ETH) issuance will increase after the Merge only when more validators enter the pool.

Negative News

Aave adopts proposal to temporarily pause ETH borrowing

Source: Invezz

Date: Mon, 05 Sep 2022 14:48:50

The Aave (AAVE/USD) community has voted to temporarily pause Ethereum (ETH) borrowing on the decentralised finance (DeFi) protocol ahead of the Ethereum Merge slated for mid-September. This is after more than 96% of the community agreed with a risk assessment report and improvement proposal first highlighted on 23 August 2022.

DeFi Protocol Aave Temporarily Freezes Ethereum (ETH) Borrowing Leading Up to the Merge

Source: The Daily Hodl

Date: Mon, 05 Sep 2022 12:55:27

Leading decentralized finance (DeFi) protocol Aave has frozen Ethereum (ETH) borrowing as the leading smart contract platform prepares for the highly anticipated merge. Citing advice from analytics firm Block Analitica, a community proposal says that the Ethereum merge will present significant risks to the DeFi borrowing and lending markets.

Ethereum (ETH) Struggles Ahead Of the Merge, Can Price Retest $1,900?

Source: NewsBTC

Date: Mon, 05 Sep 2022 11:35:58

The price of Ethereum (ETH) looks strong and shows more strength against tether (USDT), holding up compared to Bitcoin (BTC). The price of ETH is anticipated to move with more bullish sentiment circulating as we edge closer to “The Merge.

 

BINANCE (BNB)

Current Price: $ 274.86 (24h Changes: -1.05 %)

Current Market Cap: $ 44,879,844,210 (24h Changes: -1.08 %)

Positive News

12 Best Cryptocurrency to Buy Today

Source: Cryptonews

Date: Mon, 05 Sep 2022 13:06:00

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

Neutral News

Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Source: Cointelegraph

Date: Mon, 05 Sep 2022 14:20:51

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.

 

CARDANO (ADA)

Current Price: $ 0.5 (24h Changes: -0.88 %)

Current Market Cap: $ 16,715,149,810 (24h Changes: -0.8 %)

Positive News

Analyst Benjamin Cowen Sets Cardano (ADA) Price Target As Critical Vasil Upgrade Approaches

Source: The Daily Hodl

Date: Mon, 05 Sep 2022 15:55:30

A widely followed crypto analyst says Cardano (ADA) is likely to surge leading up to the smart contract platform's upcoming Vasil hard fork upgrade. Crypto trader Benjamin Cowen tells his 767,000 YouTube subscribers that while ADA is in a clear bear market, the Ethereum (ETH) challenger could soon jump to as high as $0.60.

Cardano Price Prediction Vasil Upgrade Lifts ADA above $0.50 - Where Next

Source: Cryptonews

Date: Mon, 05 Sep 2022 15:10:00

Cardano's bull flag is appearing despite a gloomy outlook in the broader cryptocurrency market. During the past week, ADA has gained by more than 10%, with the gains being attributed to the upcoming Vasil hard fork upgrade and the token's listing on Robinhood.

Cardano Eyes ‘Monster Move' As ADA Builds Up Momentum To Knock Out XRP Ahead Of Vasil Upgrade

Source: Zycrypto

Date: Mon, 05 Sep 2022 14:48:09

Of late, there has been a lot of buzz about Cardano's upcoming network upgrade that will usher in the next era in its carefully planned evolution.

Neutral News

Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Source: Cointelegraph

Date: Mon, 05 Sep 2022 14:20:51

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.

Analyst Maps Next Levels For ADA, XRP, EOS, LTC & ATOM

Source: CoinPedia

Date: Mon, 05 Sep 2022 12:42:33

Popular analyst, Michael van de Poppe, informs his 624,800 Twitter followers that as the community awaits Cardano's most anticipated upgrade, it is important to note that this event might fuel Cardano's ADA to reclaim new heights. Cardano (ADA)  The analyst claims that Cardano could hit $0.55 and $0.

Can Cardano reach 1 $ by the end of the year 2022?

Source: CryptoTicker

Date: Mon, 05 Sep 2022 12:11:12

Could it happen that we see another increase in the next few months and can Cardano reach 1 $ by the end of 2022?

Negative News

Cardano (ADA) Facing Waning Momentum as Dogecoin (DOGE) Drops Below Polkadot (DOT)

Source: UToday

Date: Mon, 05 Sep 2022 11:33:00

Announcement of Vasil target date pushed price of ADA token sharply higher last week, but rally has now cooled

Cardano price analysis: Bearish trend to continue as ADA prices fall below $0.4909

Source: Cryptopolitan

Date: Mon, 05 Sep 2022 10:33:55

Cardano price analysis for today shows a bearish trend. There is strong support for the ADA/USD pair at $0.4839 and resistance at $0.5053.

 

RIPPLE (XRP)

Current Price: $ 0.33 (24h Changes: -0.19 %)

Current Market Cap: $ 16,437,699,733 (24h Changes: -0.36 %)

Positive News

10 Best Penny Cryptocurrencies for 2022

Source: Cryptonews

Date: Mon, 05 Sep 2022 14:16:00

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

12 Best Cryptocurrency to Buy Today

Source: Cryptonews

Date: Mon, 05 Sep 2022 13:06:00

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

Ripple Price Prediction: Triangle Could Lead the Way to $0.29

Source: InvestingCube

Date: Mon, 05 Sep 2022 10:59:50

The breakdown of the symmetrical triangle on the XRP/USD chart has set off bearish Ripple price predictions.

Neutral News

Crypto Legal Expert Says XRP Settlement Between SEC and Ripple Could Be Imminent

Source: The Daily Hodl

Date: Mon, 05 Sep 2022 15:00:08

A legal expert who is closely following the U.S. Securities and Exchange's (SEC) crypto case against Ripple says the window for a potential settlement has arrived.

Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Source: Cointelegraph

Date: Mon, 05 Sep 2022 14:20:51

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.

Analyst Maps Next Levels For ADA, XRP, EOS, LTC & ATOM

Source: CoinPedia

Date: Mon, 05 Sep 2022 12:42:33

Popular analyst, Michael van de Poppe, informs his 624,800 Twitter followers that as the community awaits Cardano's most anticipated upgrade, it is important to note that this event might fuel Cardano's ADA to reclaim new heights. Cardano (ADA)  The analyst claims that Cardano could hit $0.55 and $0.

Negative News

Ripple Lawsuit: Jeremy Hogan Speaks on Expectations Regarding Summary Judgment Briefings

Source: UToday

Date: Mon, 05 Sep 2022 11:23:00

Summary judgment briefings are expected to be submitted by September 13

XRP Eyes a Drop to $0.3 if Bulls Fail to Step In Soon (Ripple Price Analysis)

Source: CryptoPotato

Date: Mon, 05 Sep 2022 11:16:01

Ripple seems to be struggling around the support at $0.33 for 10 days in a row. As a result, the cryptocurrency is trading within a very narrow range with little to no volatility.

Ripple Price Analysis: Risk of Drop Below $0.30

Source: LiveBitcoinNews

Date: Mon, 05 Sep 2022 01:08:11

Ripple price started a fresh decline from the $0.3600 resistance against the US dollar. The price is now trading below $0.350 and near the 55 simple moving average (4-hours).

 

SOLANA (SOL)

Current Price: $ 31.9 (24h Changes: 0.13 %)

Current Market Cap: $ 11,154,770,500 (24h Changes: 0.1 %)

Positive News

Top 4 Cryptocurrencies You Can Leverage Investing in at Low Risk

Source: Crypto news

Date: Mon, 05 Sep 2022 11:31:01

The success of crypto millionaires over the last five years can be attributed to traders' ability to use leverage when trading cryptocurrencies. Leverage trading refers to using borrowed capital to buy and sell financial assets such as cryptocurrencies.

Bybit expands its crypto options trading to include ETH and SOL contracts

Source: Invezz

Date: Mon, 05 Sep 2022 11:26:12

Bybit, which was the first cryptocurrency exchange to offer USDC-settled crypto options trading, has announced the expansion of its crypto options offerings with the addition of Ethereum (ETH) and Solana (SOL) options contracts. The move comes after Bybit debuted its first-in-market USDC-settled Bitcoin (BTC) options contracts earlier this year.

Best Cryptos to buy in 2022: Flasko (FLSK), Shiba Inu (SHIB) and Solana (SOL)

Source: CoinPedia

Date: Mon, 05 Sep 2022 03:07:48

This year's cryptocurrency markets have been brutal, and popular coins have suffered losses that have cost them a lot of supporters. Those that departed have been concentrating on the rising star Flasko (FLSK) to acquire the next big thing in crypto.

Neutral News

Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Source: Cointelegraph

Date: Mon, 05 Sep 2022 14:20:51

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.

What's cooking in Solana's house? 4 important developments

Source: Cryptopolitan

Date: Mon, 05 Sep 2022 06:53:41

The Solana foundation has made headlines following its plans to continue growing the platform. The Solana Foundation has since improved its platform to encourage growth and attract more partnerships.

Solana Price Analysis

Source: TCU

Date: Mon, 05 Sep 2022 05:31:09

The Solana price analysis is bearish as it reveals the selling pressure is still present in the market.

Negative News

Solana's Founder says: the forever curse of Solana is its outages

Source: Inside Bitcoins

Date: Mon, 05 Sep 2022 15:46:46

As per Solana system founder Anatoly Yakovenko, system outages remain the network's most difficult challenge.

The Merge: FTX to Halt Trading on Arbitrum, Solana, BSC

Source: InvestingCube

Date: Mon, 05 Sep 2022 07:29:09

FTX has announced that it will suspend trades on Arbitrum, Solana and Binance Smart Chain. We tell you the implications of the move.

FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge

Source: Cointelegraph

Date: Mon, 05 Sep 2022 03:37:04

Despite confirmation of zero downtime from Ethereum developers, FTX chose to suspend “deposits and withdrawals until the Merge is finished and networks are stable.”

 

AVALANCHE (AVAX)

Current Price: $ 18.81 (24h Changes: -0.76 %)

Current Market Cap: $ 5,541,347,816 (24h Changes: -0.8 %)

Positive News

AVAX Posts Over 2 Million Transactions Over The Weekend, New Highs Seen

Source: NewsBTC

Date: Mon, 05 Sep 2022 12:30:49

Avalanche (AVAX) has been leading a couple of prominent DeFi projects including Platypus. Platypus is a DeFi project built on the AVAX ecosystem that won the prestigious Avalanche X Grant.

Uniglo (GLO), Avalanche (AVAX) And Polygon (MATIC) Looking Set For Ultra Bull Run

Source: Cryptonews

Date: Mon, 05 Sep 2022 02:24:00

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

Neutral News

DeFi Onboarding- Meet the Best DeFi Altcoins- Big Eyes, Loopring, and Avalanche

Source: CoinPedia

Date: Mon, 05 Sep 2022 01:57:38

As the name implies, DeFi stands for decentralized finance, a phenomenon that has brought decentralization into the traditional finance sector, complementing what it used to be. Decentralized finance platforms take the same task as traditional financial services- buying, borrowing, selling- removing the third party.

Negative News

Avalanche price analysis: AVAX loses tremendous value at $18.78

Source: Cryptopolitan

Date: Mon, 05 Sep 2022 11:44:11

Avalanche price analysis shows that AVAX prices are currently in bearish market sentiment. Prices have been on a downtrend for the last few hours and have currently found some support at $18.50.

 

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by https://unsplash.com/@kanchanara

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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