What Happens To L1 Tokens Today? (09 Oct 2022, Sunday)


"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: $ 19,491.6 (24h Changes: -0.16 %)

Current Market Cap: $ 373,063,978,642 (24h Changes: -0.01 %)

Positive News

This Chart Pattern May Encourage Stellar Price To Outperform Bitcoin

Source: Coingape

Date: Sat, 08 Oct 2022 15:24:56

While the crypto market is still struggling with uncertainty, the XLM buyers show their commitment with a bullish breakout from the descending triangle pattern. Completing this pattern should bring a strong directional rally for coin holders.

Grayscale Partners With Foundry to Launch Bitcoin Mining Investment Product

Source: CryptoPotato

Date: Sat, 08 Oct 2022 14:15:28

Grayscale intends to enter the mining space while ASIC equipment becomes cheap during the bear market. 

Bitcoin's next bull run may have a USDC connection, here's ‘how'

Source: AMBCrypto

Date: Sat, 08 Oct 2022 11:30:28

Bitcoin's [BTC] next bull run could depend on how well USDC would flow into exchanges, according to the CryptoQuant CEO Ki Young Ju. The investor noted that the stablecoin played a crucial role in BTC's future because a chunk of institutional investors held more USDC than any other stablecoin.

Neutral News

Bitcoin holders should look at these metrics before deciding to HODL

Source: AMBCrypto

Date: Sat, 08 Oct 2022 15:30:49

Bitcoin [BTC] did give investors some hope as it showed some promising growth over the last seven days. However, it appeared that bears took control of the king crypto yet again.

Blockchain Developer Claims Finding Satoshi's 0.1v BTC Codebase

Source: TheNewsCrypto

Date: Sat, 08 Oct 2022 15:00:41

The first 1M Bitcoin were mined by Bitcoin's founder over the course of six months. Blasko uncovered the secret code

Public Bitcoin Miners Plan To Grow Hashrate 50% By End Of 2022

Source: Bitcoinist

Date: Sat, 08 Oct 2022 15:00:17

Data shows the public Bitcoin mining companies have plans to expand their hashrate by around 50% by the end of the year, Public Bitcoin Miners To Add 27 EH/s To Their Hashrate In Remaining Part Of 2022 As per a post from Arcane Research, the combined hashrate of these miners will reach around 80.

Negative News

Fear Rise in Crypto Market With Unusual Bitcoin Whale Behaviour

Source: CoinPedia

Date: Sat, 08 Oct 2022 14:17:52

Bitcoin (BTC) worth millions of dollars is suddenly being purchased by a crypto whale.In early Q4, 2022, Bitcoin, like all the other major cryptocurrencies, failed to end its recession.

Bitcoin To See Fresh Bear Market Lows In Q4 – BTC Price Predicted To Bottom At This Level

Source: CoinPedia

Date: Sat, 08 Oct 2022 13:41:53

Yesterday, when the US released its better-than-expected September job figures, the price of bitcoin experienced a rather unexpected decline. With the exception of Ripple, the majority of altcoins are currently in the red. Popular cryptocurrency analyst Nicholas Merten said that as long as the U.S.

Blurred Regulatory Lines Leave Bitcoin Investors In Limbo With Little Hopes For Clarity Before End Of Year

Source: Zycrypto

Date: Sat, 08 Oct 2022 13:09:56

The United States Congress's delay in passing essential bills to regulate the digital asset industry is sending frightening signals to investors.

 

ETHEREUM (ETH)

Current Price: $ 1,327.13 (24h Changes: -0.28 %)

Current Market Cap: $ 160,133,703,182 (24h Changes: -0.14 %)

Positive News

Top Altcoins To Bet In Q4-2022 For Max Profits, Watch These Entry Levels

Source: CoinPedia

Date: Sat, 08 Oct 2022 14:01:00

Michal van de Poppe, a well-known cryptocurrency analyst is bullish on these top altcoins predicting massive gains in the coming days.

Ethereum Staking Platform Lido Taps Layer 2 Networks Arbitrum, Optimism

Source: CryptoPotato

Date: Sat, 08 Oct 2022 11:31:17

For initial deployment to L2, Lido revealed going forward with wrapped, non-rebasing, wstETH.

Coinbase joins Ethereum Foundation to improve ETH transaction speed and cost

Source: CryptoNewsFlash

Date: Sat, 08 Oct 2022 04:57:26

Optimism's team will also join the Coinbase and Ethereum Foundation teams to facilitate the EIP-4844 upgrade.

Neutral News

DeFi Economist David Shuttleworth Lauds Ethereum's Efforts, Says “ETH Is The Foundation Of The Internet.”

Source: EWN

Date: Sat, 08 Oct 2022 11:55:33

The DeFi economist at Consensys, David Shuttleworth, is bullish on Ethereum  In an interview with Kitco, Shuttleworth noted how Ethereum processes far more transactions than Visa. In his latest interview with Kitco, the leading DeFi economist at ConsenSys, David Shuttleworth, has praised Ethereum.

Ethereum L2 StarkNet Processes More Transactions Than Bitcoin: Data

Source: UToday

Date: Sat, 08 Oct 2022 11:24:00

Here's how major Ethereum (ETH) scaling solution eclipsed #1 blockchain by weekly transaction count

Weekly crypto price analysis 8th Oct: BTC, ETH, XRP, SOL, ADA

Source: Cryptopolitan

Date: Sat, 08 Oct 2022 09:46:29

Weekly Crypto Price Analysis this week covers the trending cryptocurrencies; Bitcoin, Ethereum, Cardano, Polkadot, Ripple, and Binance coin BNB. The cryptocurrency markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors' belief that the Federal Reserve will continue with its aggressive rate hikes.

Negative News

Ethereum price analysis: ETH still consolidates at $1,325, further drop incoming overnight?

Source: Cryptopolitan

Date: Sat, 08 Oct 2022 10:20:25

Ethereum price analysis is bearish today as we have seen a strong retrace to $1,325 and consolidation overnight. However, as there are no signs of buying pressure returning, we expect ETH/USD to soon continue even lower, likely to the $1,300 support.

This Week in Coins: Bitcoin, Ethereum Unmoved Amid Stock Slide

Source: Decrypt

Date: Sat, 08 Oct 2022 09:18:17

The U.S. economy is solid enough that more interest rate hikes are expected. Stocks tanked on Friday.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines on Saturday

Source: Bitcoin

Date: Sat, 08 Oct 2022 07:45:33

Bitcoin was trading lower on Saturday, as cryptocurrency prices continued to trade in the red following the latest U.S. nonfarm payrolls (NFP) report. The token dropped for a fourth consecutive day, moving closer to a key support point in the process. Ethereum was also in the red, hitting a five-day low in the process.

 

BINANCE (BNB)

Current Price: $ 281.24 (24h Changes: -0.17 %)

Current Market Cap: $ 45,875,125,996 (24h Changes: -0.09 %)

Positive News

Top Altcoins To Bet In Q4-2022 For Max Profits, Watch These Entry Levels

Source: CoinPedia

Date: Sat, 08 Oct 2022 14:01:00

Michal van de Poppe, a well-known cryptocurrency analyst is bullish on these top altcoins predicting massive gains in the coming days.

Analyst Says One Ethereum Rival Showing Strength, Predicts Double-Digit Gains for Polygon and Chainlink

Source: The Daily Hodl

Date: Sat, 08 Oct 2022 05:15:07

Widely followed cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment for an Ethereum (ETH) rival and two popular altcoins.

Negative News

BNB Chain Is Now Operational After Suspension Due To A Cross-Chain Exploit

Source: Benzinga

Date: Sat, 08 Oct 2022 11:21:17

The BNB chain (CRYPTO: BNB), the native cryptocurrency that powers the Binance exchange, was operational after being suspended temporarily following a major exploit of around $100 million. According to the blockchain, network validators were "confirming their status" and upgrading community infrastructure.

BNB and Dogecoin Are The Top Two Losses Among The Top 10 Cryptocurrencies While Bitcoin And Ether Decline

Source: Bitcoinworld

Date: Sat, 08 Oct 2022 04:03:24

The top 10 cryptocurrencies by market capitalization lost ground on Friday evening trading in Asia, with Dogecoin and BNB leading the decline. Bitcoin dropped to below the US$20,000 support level.

BNB Holders Should Brace For This Trend Reversal – Happy Days Over?

Source: NewsBTC

Date: Sat, 08 Oct 2022 01:45:14

BNB, a native token of the Binance cryptocurrency exchange, made it through the bearish month of September with minimal losses. BNB currently trades at $285.40 and is up by 3.4% for the past two weeks The altcoin's MVRV declines, indicating possible price drop Social volume of BNB dips as interest may be fading With its $45.8 billion market capitalization, it is the 5th largest digital currency behind Bitcoin, Ethereum and Tether.

 

CARDANO (ADA)

Current Price: $ 0.42 (24h Changes: -0.26 %)

Current Market Cap: $ 14,337,090,229 (24h Changes: -0.06 %)

Positive News

Cardano price analysis: Price progresses to $0.425 level as a result of a bullish win

Source: Cryptopolitan

Date: Sat, 08 Oct 2022 11:26:43

Cardano price analysis shows that the coin is currently in a strong bullish trend as prices surged above the $0.42 mark. However, Cardano's price is now facing rejection at $0.4268.

Neutral News

$ADA: Crypto Analyst Says ‘Cardano NFTs are the best NFTs', SPO Explains Why There Are So Many NFT Projects

Source: CryptoGlobe

Date: Sat, 08 Oct 2022 15:28:48

On Friday (October 7), a prominent crypto analyst gave high praise to Cardano-powered NFTs.

Can Cardano reach 100 $ in the next Bullrun?

Source: CryptoTicker

Date: Sat, 08 Oct 2022 14:47:46

Cardano still has massive potential. Can Cardano reach 100 $ in the next bullrun?

Weekly crypto price analysis 8th Oct: BTC, ETH, XRP, SOL, ADA

Source: Cryptopolitan

Date: Sat, 08 Oct 2022 09:46:29

Weekly Crypto Price Analysis this week covers the trending cryptocurrencies; Bitcoin, Ethereum, Cardano, Polkadot, Ripple, and Binance coin BNB. The cryptocurrency markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors' belief that the Federal Reserve will continue with its aggressive rate hikes.

Negative News

Cardano's Charles Hoskinson May Fear Repercussions for ADA if SEC Deems XRP a Security

Source: BeInCrypto

Date: Sat, 08 Oct 2022 12:40:00

Cardano founder Charles Hoskinson has clarified his views on the dispute between SEC and Ripple, saying that contrary to what the XRP community thinks, he was not against the project. The post Cardano's Charles Hoskinson May Fear Repercussions for ADA if SEC Deems XRP a Security appeared first on BeInCrypto.

Cardano Among Top Three Actively Developed Assets as Vasil Monitoring Continues

Source: UToday

Date: Sat, 08 Oct 2022 12:02:00

Cardano among top evolving assets

 

RIPPLE (XRP)

Current Price: $ 0.52 (24h Changes: -0.19 %)

Current Market Cap: $ 25,898,696,709 (24h Changes: -0.08 %)

Positive News

XRP: Real Vision CEO Raoul Pal Believes ‘Court Case' Will Get ‘Resolved Positively'

Source: CryptoGlobe

Date: Sat, 08 Oct 2022 14:17:50

In a recent interview, former Goldman Sachs executive Raoul Pal explained why he is “long” on XRP. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which is now called “Man GLG”).

XRP Price Records Growth of 55% in the Past 7-days, What Next?

Source: CoinPedia

Date: Sat, 08 Oct 2022 14:14:39

The native coin of Ripple, XRP, has become the top gainer among the major cryptocurrencies. This positive change in investors' perception of  XRP, has contributed to this extraordinary increase despite the bearish market conditions. This encouraging investor interest is emerging from the conflicted US SEC v. Ripple lawsuit.

Here's Why XRP price Is Set To Extend Its Recovery By 12%

Source: Coingape

Date: Sat, 08 Oct 2022 12:43:18

The XRP price rises for the sixth consecutive day, registering a 17% growth. This bull run with substantial volume rise encourages buyers to break the neckline resistance of a double-bottom pattern.

Neutral News

Ripple [XRP]: Before you become a part of exit liquidity, read this

Source: AMBCrypto

Date: Sat, 08 Oct 2022 14:30:08

As per data revealed by popular blockchain analytics platform Santiment, on 8 October, Ripple [XRP] clinched the highest daily count of new addresses created on the network since its last high in July.

Weekly crypto price analysis 8th Oct: BTC, ETH, XRP, SOL, ADA

Source: Cryptopolitan

Date: Sat, 08 Oct 2022 09:46:29

Weekly Crypto Price Analysis this week covers the trending cryptocurrencies; Bitcoin, Ethereum, Cardano, Polkadot, Ripple, and Binance coin BNB. The cryptocurrency markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors' belief that the Federal Reserve will continue with its aggressive rate hikes.

XRP Price Prediction – Can XRP Hit $5 This Month?

Source: Cryptonews

Date: Sat, 08 Oct 2022 08:31:00

On Saturday, the XRP price prediction remains bullish above $0.50 as the coin has already crossed and closed above the 50-day moving average. After a four-day surge, the day began positively, and the XRP/USD pair started an uptrend, maintaining its bullish momentum.

Negative News

Cardano's Charles Hoskinson May Fear Repercussions for ADA if SEC Deems XRP a Security

Source: BeInCrypto

Date: Sat, 08 Oct 2022 12:40:00

Cardano founder Charles Hoskinson has clarified his views on the dispute between SEC and Ripple, saying that contrary to what the XRP community thinks, he was not against the project. The post Cardano's Charles Hoskinson May Fear Repercussions for ADA if SEC Deems XRP a Security appeared first on BeInCrypto.

Cardano Founder on SEC vs Ripple: ‘Courts Make Poor Substitutes for Legislative Holes'

Source: CryptoGlobe

Date: Sat, 08 Oct 2022 06:05:35

On Saturday (October 8), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), shared his latest thoughts on crypto regulation in general and the U.S. SEC's lawsuit against Ripple Labs in particular.

 

SOLANA (SOL)

Current Price: $ 32.83 (24h Changes: -0.33 %)

Current Market Cap: $ 11,709,291,911 (24h Changes: -0.11 %)

Neutral News

Weekly crypto price analysis 8th Oct: BTC, ETH, XRP, SOL, ADA

Source: Cryptopolitan

Date: Sat, 08 Oct 2022 09:46:29

Weekly Crypto Price Analysis this week covers the trending cryptocurrencies; Bitcoin, Ethereum, Cardano, Polkadot, Ripple, and Binance coin BNB. The cryptocurrency markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors' belief that the Federal Reserve will continue with its aggressive rate hikes.

How to mint an NFT on Solana SolSea?

Source: Cointelegraph

Date: Sat, 08 Oct 2022 08:00:00

Solana SolSea is an alternative to well-established NFT marketplaces like OpenSea. It is more appealing to NFT creators, with low costs, speed and a friendly interface.

 

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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