What Happens To L1 Tokens Today? (09 Dec 2022, 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.

Here are the news for you today.

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BITCOIN (BTC)

Current Price: $ 17,228.75 (24h Changes: 2.44 %)

Current Market Cap: $ 331,473,796,410 (24h Changes: 2.36 %)

Positive News

Bullish news: Trillion-$-Bank offers Bitcoin, Ethereum and Polygon trading to millions of customers

Source: CryptoNewsFlash

Date: Thu, 08 Dec 2022 13:24:10

The Syz Bank, via its crypto division, has selected Taurus – a leading digital asset infrastructure provider for banks in the European market– through its custody solution Taurus-Protect to secure clients' assets, including Bitcoin.  Ark Invest analyst expects the crypto industry, particularly the Bitcoin ecosystem, to tap a $28 trillion global market.

The Future Of Venture Capital Is Investing In Bitcoin-Only Companies

Source: Bitcoin Magazine

Date: Thu, 08 Dec 2022 11:40:07

Among the plethora of investors in the crypto world, there is a niche that shares common visions and strategies. They are the Bitcoin-only venture capitalists.

Bitcoin, crypto prices perk up with stocks rallying as Coinbase jumps 3%

Source: The Block

Date: Thu, 08 Dec 2022 11:15:12

Crypto prices rose on Thursday as the mood in equity markets perked up. The post Bitcoin, crypto prices perk up with stocks rallying as Coinbase jumps 3% appeared first on The Block.

Neutral News

Crypto Analyst Who Nailed 2018 Bitcoin Bottom Forecasts Major Crypto Move – Here's His Outlook

Source: The Daily Hodl

Date: Thu, 08 Dec 2022 14:05:00

A widely followed crypto strategist that correctly called Bitcoin's (BTC) bottom in 2018 is making a major prediction for the king crypto. Pseudonymous crypto trader SmartContracter tells his 216,500 Twitter followers that he believes the top crypto asset by market cap should find its bear market bottom within the next six months.

Wyckoff Accumulation Suggests Bitcoin (BTC) Price Has Already Bottomed Out

Source: BeInCrypto

Date: Thu, 08 Dec 2022 14:00:00

In today's analysis, BeInCrypto looks at the Wyckoff schematics, which can explain the current accumulation phase of the Bitcoin (BTC) price. The post Wyckoff Accumulation Suggests Bitcoin (BTC) Price Has Already Bottomed Out appeared first on BeInCrypto.

Binance.US Removes Trading Fees For Ethereum Months After Doing Same For Bitcoin

Source: Zycrypto

Date: Thu, 08 Dec 2022 13:10:01

Binance.US has unveiled an early Christmas gift for users by removing trading fees for ETH while offering additional discounts for customers that pay trading fees with BNB.

Negative News

Bitcoin, Ethereum Price Prediction- Bitcoin's Sluggish Price Action Stalls Altcoins Growth

Source: Coingape

Date: Thu, 08 Dec 2022 12:18:22

Bitcoin, Ethereum price prediction: the BTC and ETH prices undermine yesterday's downfall by showing sustainability at respective local support. These coins obtain sufficient buying pressure from below, encouraging the resumption of the ongoing consolidation phase.

Bitcoin Slips Below $17K Amid Rate Hike Concerns

Source: Coindesk

Date: Thu, 08 Dec 2022 12:00:29

Eaglebrook Advisors Vice President of Research Joe Orsini discusses his outlook for bitcoin as it dips slightly below the $17,000 level, amid interest rate hike concerns and continued fallout from crypto exchange FTX. Plus, his take on Grayscale Bitcoin Trust (GBTC) selling at close to a record 43% discount to the price of the underlying bitcoin in the trust.

Bitcoin miner Marathon won't bid on bankrupt Compute North's assets, CEO says

Source: The Block

Date: Thu, 08 Dec 2022 11:11:26

Bitcoin miner Marathon decided against a bid on bankrupt hosting provider Computed North, according to CEO Fred Thiel. The post Bitcoin miner Marathon won't bid on bankrupt Compute North's assets, CEO says appeared first on The Block.

 

ETHEREUM (ETH)

Current Price: $ 1,283.2 (24h Changes: 4.18 %)

Current Market Cap: $ 154,759,560,887 (24h Changes: 4.02 %)

Positive News

Ethereum price analysis: ETH consolidates around $1,266.74 as bulls strive to push prices higher

Source: Cryptopolitan

Date: Thu, 08 Dec 2022 14:47:13

Ethereum price analysis shows ETH is continuing its consolidation as the recent ongoing market dormancy continues. The bulls are getting more and more impatient for a move to the upside.

Bullish news: Trillion-$-Bank offers Bitcoin, Ethereum and Polygon trading to millions of customers

Source: CryptoNewsFlash

Date: Thu, 08 Dec 2022 13:24:10

The Syz Bank, via its crypto division, has selected Taurus – a leading digital asset infrastructure provider for banks in the European market– through its custody solution Taurus-Protect to secure clients' assets, including Bitcoin.  Ark Invest analyst expects the crypto industry, particularly the Bitcoin ecosystem, to tap a $28 trillion global market.

Ethereum upgrade doubled energy efficiency rates, study reveals

Source: Crypto news

Date: Thu, 08 Dec 2022 10:32:42

Ethereum's reduced power consumption stems from its recent update from a Proof Of Work cryptocurrency. In the 15 September event known as the Merge, Ethereum would switch to a new system called the Proof of Stake.

Neutral News

Ethereum Devs Plan to Enable Staked ETH Withdrawals by March 2023

Source: Decrypt

Date: Thu, 08 Dec 2022 13:53:46

Ethereum core developers have targeted spring for the network's upcoming Shanghai upgrade. But to get users their money, they may have to make some sacrifices.

Binance.US Removes Trading Fees For Ethereum Months After Doing Same For Bitcoin

Source: Zycrypto

Date: Thu, 08 Dec 2022 13:10:01

Binance.US has unveiled an early Christmas gift for users by removing trading fees for ETH while offering additional discounts for customers that pay trading fees with BNB.

Blur offers 50% refund to NFT trader who lost 70 ETH due to bug

Source: Crypto news

Date: Thu, 08 Dec 2022 12:52:48

A Twitter user complained that the UX issue at Blur made him accidentally bid a token and lose 70 ETH. NFT marketplace offered him a 50% refund.

Negative News

1,603 ETH Worth $2M Was Just Burned

Source: Benzinga

Date: Thu, 08 Dec 2022 13:00:07

What happened: On Wednesday a total of 1,603.38 Ether (CRYPTO: ETH) worth $2,010,994, based on the current value of Ethereum at time of publication ($1,254.22), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Ethereum Price Prediction with ETH Down 4.5% from Highs – Here's Where It's Headed Next

Source: Cryptonews

Date: Thu, 08 Dec 2022 12:43:00

Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain network, has mounted a decent recovery on Thursday in tandem with a more risk-friendly tone to trade in traditional asset classes (US stocks are up and the US dollar is down). ETH/USD was last changing hands in the $1,250 area, up 0.75% in the last 24 hours, according to CoinMarketCap, and is up about 2.5% versus weekly lows in the $1,220 area.

Bitcoin, Ethereum Price Prediction- Bitcoin's Sluggish Price Action Stalls Altcoins Growth

Source: Coingape

Date: Thu, 08 Dec 2022 12:18:22

Bitcoin, Ethereum price prediction: the BTC and ETH prices undermine yesterday's downfall by showing sustainability at respective local support. These coins obtain sufficient buying pressure from below, encouraging the resumption of the ongoing consolidation phase.

 

BINANCE (BNB)

Current Price: $ 289.92 (24h Changes: 2.2 %)

Current Market Cap: $ 47,354,164,838 (24h Changes: 2.18 %)

Positive News

OpenSea integrates BNB Chain, but will BNB holders benefit?

Source: AMBCrypto

Date: Thu, 08 Dec 2022 07:30:43

BNB Chain saw an increase in NFT trading volume, and unique active wallets (UAW) OpenSea also recorded an increase in trading volume and transactions after the partnership.  OpenSea, the world's largest marketplace for NFTs (non-fungible tokens) has integrated BNB Chain.

Negative News

Binance Coin Falls As Buyers Fail To Maintain Price Above $320

Source: Coin Idol

Date: Thu, 08 Dec 2022 11:46:00

Binance Coin (BNB) price has fallen after dropping below the moving average lines. The cryptocurrency's value fell from a high of $317 to a low of $281.

BNB Price Prediction: Is Bearish Trend Long Term?

Source: InvestingCube

Date: Thu, 08 Dec 2022 03:41:59

The BNB price continues to show signs of a weak bearish trend, dropping by 3 per cent this week and extending last week's 5 per cent drop.

 

CARDANO (ADA)

Current Price: $ 0.31 (24h Changes: 2.05 %)

Current Market Cap: $ 11,047,502,889 (24h Changes: 1.95 %)

Positive News

2023 Predictions For Cardano Are Extremely Bullish; Here's Why

Source: Zycrypto

Date: Thu, 08 Dec 2022 14:27:48

Cardano supporters assert that 2023 will be a highly bullish year for the Cardano network's ecosystem and native token ADA.

Cardano launches new groundbreaking revolutionary products – Will it drive ADA price to $5?

Source: CryptoNewsFlash

Date: Thu, 08 Dec 2022 10:14:29

Optim Finance is set to launch its SPO Liquidity Bonds product on Cardano mainnet.   The DeFi protocol will be the latest addition to Cardano's rapidly expanding ecosystem.

Cardano's AdaSwap Completes Smart Contract Audit

Source: UToday

Date: Thu, 08 Dec 2022 10:06:00

Cardano-focused DEX AdaSwap has been audited by cybersecurity agency Zokyo, which marks final step of its mainnet launch

Neutral News

Top 5 cryptos by daily development activity on GitHub

Source: Finbold

Date: Thu, 08 Dec 2022 12:11:35

The cryptocurrency industry is still picking itself up following the devastation created by the collapse of FTX, nonetheless, development teams among the major blockchain networks are continuing to build and expand across their own ecosystems.

Cardano Yield Products Go Live on Mainnet, Here's How to Use Them

Source: UToday

Date: Thu, 08 Dec 2022 05:09:00

Role of DeFi in Cardano ecosystem is growing as new products being delivered

ADA Price Prediction: Economic Jitters to Leave Sub-$0.300 in Play

Source: FXEmpire

Date: Thu, 08 Dec 2022 04:41:55

ADA found early support. However, barring a major Cardano network event, the NASDAQ Composite will likely influence through the afternoon session.

Negative News

Leading Cardano DEX Suffers Front-Running Attack

Source: UToday

Date: Thu, 08 Dec 2022 14:48:00

The largest decentalized exchange on the Cardano blockchain claims that it has already fixed the issue

Cardano (ADA) On-Chain Activity Spikes: High Volatility Ahead

Source: BeInCrypto

Date: Thu, 08 Dec 2022 09:30:00

The bearish momentum has battered Cardano (ADA) price as ADA trades 90% below its all-time high.  The post Cardano (ADA) On-Chain Activity Spikes: High Volatility Ahead appeared first on BeInCrypto.

Cardano (ADA) Price Prediction: Bears Target Fresh Lows Below $0.28

Source: NewsBTC

Date: Thu, 08 Dec 2022 00:33:41

Cardano's price started a fresh decline after it failed to surpass $0.33. ADA remains at a risk of more losses below $0.30 and $0.28 in the near term.

 

RIPPLE (XRP)

Current Price: $ 0.39 (24h Changes: 2.52 %)

Current Market Cap: $ 19,728,622,561 (24h Changes: 2.27 %)

Positive News

XRP Price Prediction –XRP Jumps 4%, Can it Keep Going Higher?

Source: Cryptonews

Date: Thu, 08 Dec 2022 10:49:00

XRP, the native cryptocurrency that powers Ripple's global blockchain-based payments system, has jumped around 4.0% from the monthly lows it printed on Wednesday under $0.3750. The cryptocurrency was last changing hands just below $0.39 per token on Thursday, up about 1.3% on the day and 1.2% in the last 24 hours, according to CoinMarketCap. However, near-term price predictions remain fairly neutral. 

CryptoSlate Daily wMarket Update – Dec. 7: Flat trading day sees XRP leading top 10

Source: CryptoSlate

Date: Thu, 08 Dec 2022 08:02:16

The cryptocurrency market cap saw net inflows of $2.8 billion and currently stands at $842.27 billion — up 0.3% from $839.47 billion over the last 24 hours. The post CryptoSlate Daily wMarket Update – Dec. 7: Flat trading day sees XRP leading top 10 appeared first on CryptoSlate.

Ripple price analysis: Bullish momentum helps elevate XRP price to $0.3882

Source: Cryptopolitan

Date: Thu, 08 Dec 2022 03:18:18

Ripple price analysis is on the bullish side today as it shows the price has increased further after yesterday's bullish price action. The coin has been following a bearish trend previously, as the trend line is still downwards after 07th December.

Neutral News

Jim Cramer: XRP, Dogecoin, Solana Are All "Cons"

Source: UToday

Date: Thu, 08 Dec 2022 11:10:00

Jim Cramer has vented his frustration with cryptocurrency industry, claiming that he's tired of "con"

Flash News: OKX Opens Deposits for $OAS Token, Offers Flexible Staking for SHIB, DOGE, LTC, FIL and XRP

Source: Crypto Reporter

Date: Thu, 08 Dec 2022 10:29:52

VICTORIA, Seychelles, Dec. 08, 2022 (GLOBE NEWSWIRE) -- OKX, the world-leading cryptocurrency platform, has issued updates for the week beginning December 5, 2022.

XRP Price Bucks Market Trend As Whales Move 161 Million Tokens

Source: NewsBTC

Date: Thu, 08 Dec 2022 08:49:02

The XRP price is currently bucking the general market trend and is recording a small gain of around 2% over the last 24 hours. What is noticeable are massive movements by whales over the past few hours.

Negative News

XRP Lawsuit: Will Ripple Lose To The US SEC? This Crypto Pundit Believes So

Source: Zycrypto

Date: Thu, 08 Dec 2022 09:35:02

Gene Hoffman, chief operating officer at blockchain company Chia Network, believes Ripple will lose against the Securities and Exchange Commission (SEC).

Were Ripple Executives Reckless? Crypto Lawyer Stirs up Striking Facts in Lawsuit

Source: UToday

Date: Thu, 08 Dec 2022 05:51:00

Crypto lawyer believes Ripple executives have better chances at summary judgment.

 

SOLANA (SOL)

Current Price: $ 13.73 (24h Changes: 1.39 %)

Current Market Cap: $ 5,025,654,126 (24h Changes: 0.94 %)

Neutral News

Jim Cramer: XRP, Dogecoin, Solana Are All "Cons"

Source: UToday

Date: Thu, 08 Dec 2022 11:10:00

Jim Cramer has vented his frustration with cryptocurrency industry, claiming that he's tired of "con"

Solana Successfully Competed with Ethereum Before FTX Crash: Details

Source: UToday

Date: Thu, 08 Dec 2022 10:36:00

Solana was outperforming Ethereum in some blockchain metrics in third quarter of year

Negative News

Solana Price Prediction as SOL Drops 5.5% – Time to Buy the Dip?

Source: Cryptonews

Date: Thu, 08 Dec 2022 11:35:00

SOL, the cryptocurrency that powers Solana's higher performance smart-contract enabled blockchain, has stabilized in the $13.50 area on Thursday after falling back from the mid-$14.00s on Wednesday. Versus its earlier weekly highs in the $14.40 area, SOL is currently down about 5.5% and some traders are asking whether it is time to buy the dip once again.

Solana Price Falls Below $14 – Does This Signal A Gloomy Week For SOL?

Source: NewsBTC

Date: Thu, 08 Dec 2022 08:20:35

In the previous month, Solana (SOL) has failed to make progress as the token fell victim to the market contagion brought about by the collapse of crypto exchange FTX. As of this writing, all time horizon indicators for Solana's native token SOL are red.

Top Crypto Losers Today: ImmutableX Falls 9.24%, SOL, SHIB, DOGE down 4.60%, 1.50% and 4.17%

Source: Coingape

Date: Thu, 08 Dec 2022 02:01:42

Cryptocurrency prices today tumbled, with Bitcoin and Ethereum falling 1.18% and 2.65% over the last 24 hours. The world's largest cryptocurrency, Bitcoin, was spotted trading at USD$16,830.00 mark, while Ethereum swapped hands at USD$1,229.67 per token.

 

 

COSMOS (ATOM)

Current Price: $ 9.82 (24h Changes: 2.8 %)

Current Market Cap: $ 2,875,745,081 (24h Changes: 2.69 %)

Positive News

Cosmos' largest DEX Osmosis launches a stableswap: Exclusive

Source: The Block

Date: Thu, 08 Dec 2022 09:00:20

Cosmos-based decentralized exchange Osmosis has launched a stableswap, a protocol for trading stablecoins.  The post Cosmos' largest DEX Osmosis launches a stableswap: Exclusive appeared first on The Block.

Neutral News

Top 5 cryptos by daily development activity on GitHub

Source: Finbold

Date: Thu, 08 Dec 2022 12:11:35

The cryptocurrency industry is still picking itself up following the devastation created by the collapse of FTX, nonetheless, development teams among the major blockchain networks are continuing to build and expand across their own ecosystems.

Orbeon Protocol (ORBN) Presale Sells Out Before Stage 3, Cosmos (ATOM) and Chainlink (LINK) Prices Down

Source: Dailycoin

Date: Thu, 08 Dec 2022 08:18:01

Orbeon Protocol (ORBN) is seeing landmark success in its presale while Chainlink (LINK) and Cosmos (ATOM) seem stuck in the mud.

Negative News

Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows 

Source: Bitcoin

Date: Thu, 08 Dec 2022 12:04:15

Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today's session.

 

POLKADOT (DOT)

Current Price: $ 5.44 (24h Changes: 3.23 %)

Current Market Cap: $ 6,420,906,484 (24h Changes: 3.08 %)

Positive News

Polkadot price analysis: DOT raises value at $5.32

Source: Cryptopolitan

Date: Thu, 08 Dec 2022 12:41:46

Polkadot price analysis reveals a relatively upbeat approach today; the price has gained most of its lost value. In the last few days, the cost of DOT has received much positive attention and has increased to a slight degree.

Neutral News

Top 5 cryptos by daily development activity on GitHub

Source: Finbold

Date: Thu, 08 Dec 2022 12:11:35

The cryptocurrency industry is still picking itself up following the devastation created by the collapse of FTX, nonetheless, development teams among the major blockchain networks are continuing to build and expand across their own ecosystems.

Negative News

Worst Polkadot Tokens This Week: Polkadot, Chainlink, Ankr, Ontology Dipped

Source: Coingape

Date: Thu, 08 Dec 2022 05:06:32

Worst Polkadot Tokens This Week: The tokens on the Polkadot ecosystem have shown some optimism by going slightly up today. However, some of the major tokens in the chain have plunged down in the past 7 days.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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