What Happens To L1 Tokens Today? (12 Jan 2023, Thursday)

What Happens To L1 Tokens Today? (12 Jan 2023, Thursday)


"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: $ 17,534.6 (24h Changes: 0.49 %)

Current Market Cap: $ 337,757,141,567 (24h Changes: 0.53 %)

Positive News

Luxor's Hashrate Index 2022 Mining Year In Review Shows Bitcoin's Resilience

Source: Bitcoin Magazine

Date: Wed, 11 Jan 2023 14:56:09

Analysis shows that even though the mining industry saw major pressure this year, the network hashrate still grew immensely.

Bitcoin price rally to $18K possible as $275M in BTC options expire on Friday

Source: Cointelegraph

Date: Wed, 11 Jan 2023 14:32:27

Bitcoin bulls aim to push BTC price to $18,000 and options data outlines clear reasons why.

Bitcoin price analysis: Bitcoin consolidates above $17,000, with traders adamant to flip bullish

Source: Cryptopolitan

Date: Wed, 11 Jan 2023 13:22:28

Bitcoin price analysis shows BTC's bullish momentum has continued across the past week as buyers re-emerged to push BTC towards fresh yearly highs. At the time of writing, Bitcoin has traded around $17,500 – consolidating above this price level for the first time in a month.

Neutral News

‘Running Bitcoin' Tweet by Developer Hal Finney Completes 14 Years

Source: TheNewsCrypto

Date: Wed, 11 Jan 2023 14:23:32

On January 11, 2009, one of the Bitcoin ecosystem's early pioneers, Hal Finney, activated a node on his own computer.

Why Crypto Whales Are Staying on the Sidelines of the Bitcoin Market

Source: Coindesk

Date: Wed, 11 Jan 2023 13:00:20

Bitcoin (BTC) is trading steadily above $17,000 ahead of an expected hawkish speech by Federal Reserve President Jerome Powell. IDX Digital Assets CIO Ben McMillan joins "First Mover" to discuss the recent price actions and why crypto whales are staying on the sidelines of the bitcoin market despite a risk reset in traditional markets.

Bitcoin worth $120M withdrawn from exchanges on Jan. 10

Source: CryptoSlate

Date: Wed, 11 Jan 2023 12:30:55

Around $120 million worth of Bitcoin (BTC ) was withdrawn from crypto exchanges on January 10, according to Glassnode's data. The post Bitcoin worth $120M withdrawn from exchanges on Jan. 10 appeared first on CryptoSlate.

Negative News

BlackRock: Assets That Fell with BTC Won't Recover This Year

Source: LiveBitcoinNews

Date: Wed, 11 Jan 2023 12:00:59

Bitcoin, Ethereum, and other digital currencies hit rock bottom in 2022. Many of them crashed and experienced dips of 70 percent or more.

Bitcoin Price Analysis: Fades After 17510 Test - 12 January 2023

Source: Crypto Daily

Date: Wed, 11 Jan 2023 11:00:00

BTC/USD Fades After Testing 17510:  Sally Ho's Technical Analysis – 12 January 2023 Bitcoin (BTC/USD) retraced some of its recent upward glide early in the Asian session as the pair backed away after testing the 17510.29 area, its strongest print since 15 December 2022.  Selling pressure intensified around the 17510.29 area and knocked BTC/USD lower to the 17315 level, a test of the 23.6% retracement of the recent appreciating range from 16670.82 to 17510.29.

Bitcoin (BTC) Touches $17.5K, Investors Continue to Fear a Bull Trap

Source: Crypto Economy

Date: Wed, 11 Jan 2023 09:02:36

The cryptocurrency market has continued to ride on its positive momentum this week.

 

ETHEREUM (ETH)

Current Price: $ 1,342.41 (24h Changes: 0.11 %)

Current Market Cap: $ 161,795,628,248 (24h Changes: 0.11 %)

Positive News

Crypto Analyst Says Ethereum (ETH) and Altcoins About To Catch Traders off Guard With Massive Move

Source: The Daily Hodl

Date: Wed, 11 Jan 2023 14:05:47

A closely followed technical analyst says that Ethereum (ETH) and the broader altcoin markets are set for an unexpected macro move to the upside.

Ethereum's Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets

Source: Bitcoin

Date: Wed, 11 Jan 2023 14:00:25

Since Dec. 31, 2022, ethereum's market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum's crypto market dominance jumped from 18.4% to its current 19% dominance rating.

Ethereum price analysis: ETH holds the $1,300 level, with a bullish bias

Source: Cryptopolitan

Date: Wed, 11 Jan 2023 13:42:09

Ethereum price analysis for today shows ETH is at around $1,338.26, with a sideways trading sentiment. In the last 24 hours, Ethereum has gone up 0.44%.ETH is still trading below its yearly high of $1,453.96 which it set earlier in the month.

Neutral News

Here's the Next Target for Ethereum if $1,300 Holds (ETH Price Analysis)

Source: CryptoPotato

Date: Wed, 11 Jan 2023 12:31:28

Ethereum's price is on the verge of breaking out from a significant resistance level after testing it for quite a while. However, there are still some obstacles for the price to overcome in order for a new bullish phase to begin.

Which Blockchain is the Best for Developers in 2023? (Solana vs Ethereum vs Cardano)

Source: BlockchainReporter

Date: Wed, 11 Jan 2023 09:59:38

In this article, we're going to compare the three most popular blockchains from a developer's point of view: Solana, Ethereum, Cardano.

Will Bitcoin (BTC), Ethereum (ETH) or XRP Price Blow up First?

Source: BeInCrypto

Date: Wed, 11 Jan 2023 09:30:00

The Ethereum price has a more bullish looking chart than that of XRP and Bitcoin. However, the bullish reversal is not confirmed yet.

Negative News

ETH Whale Transfers $20M Worth Ethereum To Binance, ETH Price Drop Ahead?

Source: CoinPedia

Date: Wed, 11 Jan 2023 09:31:29

Even though the year 2022 has been a roller coaster ride, the start of 2023 has been pretty much on a positive note as the crypto market seems to be recovering. The star cryptocurrency, Bitcoin which was struggling to even move beyond $15,000, has now successfully captured $17.5 levels.

Whale Transfers Ethereum (ETH) To Binance From Liquidity Pools, Dump Coming?

Source: Coingape

Date: Wed, 11 Jan 2023 07:21:03

While traders anticipate a massive rally in the Ethereum price, a whale has withdrawn 15,500 Ethereum (ETH) worth $20 million from multiple liquidity pools. The ETH worth almost $20 million withdrawn from pools was later transferred to the crypto exchange Binance.

 

BINANCE (BNB)

Current Price: $ 279.43 (24h Changes: 0.8 %)

Current Market Cap: $ 45,619,271,131 (24h Changes: 0.76 %)

Positive News

BNB Flips USDC, Cardano Flips Dogecoin With Crypto Relief Rally

Source: Blockworks

Date: Wed, 11 Jan 2023 09:10:45

Binance's BNB has benefitted as crypto looks to recover from a dismal quarter, now usurping USDC on leaderboards

Neutral News

Binance Coin bulls encountered resistance at $282, will a rejection follow?

Source: AMBCrypto

Date: Wed, 11 Jan 2023 09:30:46

Bitcoin [BTC] climbed higher for the third day in a row on 10 January to reach $17.5k. This was close to the resistance at $17.6k, where a reversal was expected.

Top Altcoins That may Keep Up the Bullish Momentum When Bitcoin Calms Down!

Source: CoinPedia

Date: Wed, 11 Jan 2023 06:02:05

Bitcoin price appears to have uplifted the barrier from $17,000 to $17,500 as the prices have been stuck up within the range. In the meantime, some of the popular altcoins like Polygon (MATIC), Solana (SOL) & Binance Coin (BNB) have managed to swell to a large extent.

 

 

CARDANO (ADA)

Current Price: $ 0.32 (24h Changes: -2.13 %)

Current Market Cap: $ 11,119,480,707 (24h Changes: -1.95 %)

Positive News

Dozens of New Cardano Whales Emerge As ADA Bounces Big in Less Than Two Weeks: Analytics Firm

Source: The Daily Hodl

Date: Wed, 11 Jan 2023 10:30:13

Dozens of new Cardano (ADA) whale and “shark” addresses are emerging amid Cardano's price surge in the early days of 2023, according to the crypto analytics firm Santiment. Santiment says 28 new addresses holding at least one million ADA have formed since the beginning of the year.

BNB Flips USDC, Cardano Flips Dogecoin With Crypto Relief Rally

Source: Blockworks

Date: Wed, 11 Jan 2023 09:10:45

Binance's BNB has benefitted as crypto looks to recover from a dismal quarter, now usurping USDC on leaderboards

XRP and Cardano (ADA) Products Launched by Major Exchange

Source: UToday

Date: Wed, 11 Jan 2023 05:49:00

New investment products linked to two of top 10 cryptocurrencies by market cap are launched by black-and-yellow crypto giant

Neutral News

Vital Levels To Keep Eye On As Cardano Price Begins To Retreat

Source: NewsBTC

Date: Wed, 11 Jan 2023 14:59:56

The Cardano price has rallied significantly over the past week and secured more than a 24% gain. Over the last 24 hours, the coin slipped 2%, indicating that it could not sustain its weekly gains.

Cardano's First-Ever Smart Contract in Python Version Demonstrated by Devs

Source: UToday

Date: Wed, 11 Jan 2023 11:25:00

Engineers compiled and deployed smart contracts in Cardano-specific 'pythonic' programming language

Which Blockchain is the Best for Developers in 2023? (Solana vs Ethereum vs Cardano)

Source: BlockchainReporter

Date: Wed, 11 Jan 2023 09:59:38

In this article, we're going to compare the three most popular blockchains from a developer's point of view: Solana, Ethereum, Cardano.

Negative News

Cardano price analysis: ADA Falls to $0.3154 as Selling Pressure Increases

Source: Cryptopolitan

Date: Wed, 11 Jan 2023 05:18:04

Cardano price analysis reveals that the price has been following a downward movement today, as the bears have constantly been striving for lead. The short-term trending line shows the crypto pair is trying to maintain its price near the $0.

 

RIPPLE (XRP)

Current Price: $ 0.37 (24h Changes: 5.19 %)

Current Market Cap: $ 18,834,745,877 (24h Changes: 5.31 %)

Positive News

Analysts are LOVING XRP Gains! Will XRP price reach 1$ soon?

Source: CryptoTicker

Date: Wed, 11 Jan 2023 11:33:21

XRP saw in recent weeks high gains, especially during this consolidated crypto market. Will XRP continue to go up?

Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains

Source: Bitcoin

Date: Wed, 11 Jan 2023 11:07:23

Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday's decline. Xrp was also mostly in the green in today's session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing.

Ripple's Korean Partner SentBe Announces Expansion to U.S.

Source: UToday

Date: Wed, 11 Jan 2023 10:32:00

Ripple partner SentBe to power U.S.-South Korea cross-border money transfers

Neutral News

Will Bitcoin (BTC), Ethereum (ETH) or XRP Price Blow up First?

Source: BeInCrypto

Date: Wed, 11 Jan 2023 09:30:00

The Ethereum price has a more bullish looking chart than that of XRP and Bitcoin. However, the bullish reversal is not confirmed yet.

Ripple Execs Predict Increasing Utility As Key Driver For 2023

Source: Bitcoinist

Date: Wed, 11 Jan 2023 06:30:51

A few days ago, Ripple Labs' Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what they expect for the future and made their projections.

Ripple v. SEC January 11 update: Regulator hits back at Ripple over sealing final judgment documents

Source: Finbold

Date: Wed, 11 Jan 2023 06:00:37

As the cryptocurrency community awaits the final judgment in the Ripple and Securities Exchange Commission (SEC) case, both parties are currently entangled in a tussle regarding sealing certain documents.

Negative News

Crypto Market Will See A Bloodbath If Ripple Loses To SEC, Gasparino Says

Source: NewsBTC

Date: Wed, 11 Jan 2023 09:30:56

In recent days, a heated discussion has arisen between prominent journalist and Fox Business host Charles Gasparino and the Ripple / XRP community. Gasparino voiced that the US Securities and Exchange Commission (SEC) had legitimate reasons why they targeted and sued Ripple prior to FTX.

XRP Lawsuit: SEC May Force Cryptos To Register If Ripple Loses?

Source: Coingape

Date: Wed, 11 Jan 2023 08:19:11

XRP Lawsuit: U.S. Securities and Exchange Commission (SEC) has been under the scrutiny of several crypto leaders over its alleged regulatory overreach. The recent developments in the long running XRP lawsuit have brought some hope to the crypto community regarding regulations.

Ripple: Will SEC's Victory Will Drag the Cryptocurrency Market To Worst Condition?

Source: CoinPedia

Date: Wed, 11 Jan 2023 07:28:05

No official date has been set for a verdict in the high-profile dispute between blockchain company Ripple and the Securities and Exchange Commission (SEC), but it is widely expected that the litigation will conclude this year. Although Ripple has supporters, it is important to consider the possibility of the SEC's victory.

 

SOLANA (SOL)

Current Price: $ 16.03 (24h Changes: -2.06 %)

Current Market Cap: $ 5,946,969,617 (24h Changes: -2.51 %)

Positive News

Solana Price Surge Attracts Investors, What's Driving It?

Source: NewsBTC

Date: Wed, 11 Jan 2023 13:00:56

Solana's price has achieved an unexpected week-long rally, causing it to significantly outperform almost all other cryptocurrencies. As the price of the centralized smart contract token stabilizes, investors are showing interest in how high it can go.

Top 5 cryptocurrencies by gains so far in 2023

Source: Finbold

Date: Wed, 11 Jan 2023 12:05:35

The cryptocurrency market is experiencing a minor bull run that has resulted in most assets reclaiming key support levels considered vital to sustaining the gains. Investors are hoping the rally will be crucial to helping the market exit last year's extended bearish sentiment.

Solana-Based Bonkz NFTs Skyrocket 14X

Source: BeInCrypto

Date: Wed, 11 Jan 2023 11:45:00

Solana-Based Bonkz NFTs are on fire amidst the crypto winter after selling out. But the price of BONK struggles.

Neutral News

Which Blockchain is the Best for Developers in 2023? (Solana vs Ethereum vs Cardano)

Source: BlockchainReporter

Date: Wed, 11 Jan 2023 09:59:38

In this article, we're going to compare the three most popular blockchains from a developer's point of view: Solana, Ethereum, Cardano.

Which Coin Will Stand the Test of Time: Snowfall Protocol (SNW), Solana (SOL) or Tera Classic (LUNC)?

Source: Dailycoin

Date: Wed, 11 Jan 2023 08:17:27

However, the excitement is usually short-lived because most crypto coins sink once users learn they are all hype and only offer limited utilities.

Top Altcoins That may Keep Up the Bullish Momentum When Bitcoin Calms Down!

Source: CoinPedia

Date: Wed, 11 Jan 2023 06:02:05

Bitcoin price appears to have uplifted the barrier from $17,000 to $17,500 as the prices have been stuck up within the range. In the meantime, some of the popular altcoins like Polygon (MATIC), Solana (SOL) & Binance Coin (BNB) have managed to swell to a large extent.

Negative News

Why Solana, Bitcoin SV, and The Sandbox Are Falling Today

Source: The Motley Fool

Date: Wed, 11 Jan 2023 14:11:27

Each of these cryptocurrencies appears to be moving downward for different reasons.

Solana price analysis: SOL/USD consolidates near $15.45 amid bearish winds

Source: Cryptopolitan

Date: Wed, 11 Jan 2023 12:15:53

Solana price analysis for today indicates that the currency has been facing a strong bullish influence in recent days, pushing prices up. However, at the time of writing, there has been a significant pullback in prices, with SOL declining to $15.45 on the market.

Solana price rally risks exhaustion after SOL's 120% pump in two weeks

Source: Cointelegraph

Date: Wed, 11 Jan 2023 09:06:19

SOL price has been unable to close above a key resistance level of around $17.50 despite its big rebound in the past two weeks.

 

AVALANCHE (AVAX)

Current Price: $ 14.52 (24h Changes: 13.89 %)

Current Market Cap: $ 4,535,547,850 (24h Changes: 13.72 %)

Positive News

Amazon And Avalanche To Bring Scalable Blockchain Solutions to Enterprises and Governments

Source: EWN

Date: Wed, 11 Jan 2023 14:18:19

Avalanche and Amazon Web Services have partnered up to bring Scalable Blockchain Solutions to Enterprises and Governments. AWS now supports Avalanche's infrastructure and dApp ecosystem.

Altcoins That Display a Potential to Rise Beyond 100% in Q1 2023

Source: CoinPedia

Date: Wed, 11 Jan 2023 09:03:15

The crypto markets have been fueled with significant bullish momentum for the past few days that has ceased the bearish impact to some extent. While they may certainly continue to haunt the rally, some of the altcoins flash acute bullish signals and range heavily in the coming days.

Neutral News

Avalanche price analysis: AVAX rejected at $13.00, moves down to $12.50 support

Source: Cryptopolitan

Date: Wed, 11 Jan 2023 04:17:08

TL;DR Breakdown Avalanche price analysis suggests sideways movement at the level The closest support level lies at $12.50 and further below at $12.30 AVAX faces resistance at the $12.95 mark. The Avalanche price analysis shows that the AVAX price action was rejected at $13.00 and moved back toward the $12.50 support level.

 

COSMOS (ATOM)

Current Price: $ 11.3 (24h Changes: 0.18 %)

Current Market Cap: $ 3,312,127,675 (24h Changes: -0.09 %)

Positive News

Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains

Source: Bitcoin

Date: Wed, 11 Jan 2023 11:07:23

Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday's decline. Xrp was also mostly in the green in today's session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing.

Cosmos developer count sees unprecedented rise, but is ATOM rallying? 

Source: AMBCrypto

Date: Wed, 11 Jan 2023 07:30:36

The Cosmos [ATOM] network saw a material increase in active developers over the last few months, according to a Token Terminal tweet on 10 January. While this may seem like a positive development, ATOM's price continued to decline.

 

POLKADOT (DOT)

Current Price: $ 5.0 (24h Changes: 1.13 %)

Current Market Cap: $ 5,968,610,078 (24h Changes: 1.11 %)

Positive News

Is Polkadot (DOT) Price Finally Braced for Liftoff?

Source: BeInCrypto

Date: Wed, 11 Jan 2023 05:00:00

The Polkadot (DOT) price could confirm a bullish reversal by breaking out from the $5.10 resistance area. The post Is Polkadot (DOT) Price Finally Braced for Liftoff?

Polkadot Records New Achievements In Dev't Activity, Pushes DOT Price Up

Source: NewsBTC

Date: Wed, 11 Jan 2023 04:30:09

Polkadot (DOT) has ushered in the first week of 2023 on a strong note, rising 8% in the last seven days, data from Coingecko shows, Wednesday.  The ecosystem itself has been very bullish recently, following the trend of the crypto market.

Neutral News

Polkadot Price Comprehensive Prediction for 2023, 2025, 2030

Source: InvestingCube

Date: Wed, 11 Jan 2023 06:06:37

What is the outlook of the Polkadot price? We explain what to expect in 2022, 2025, and 2030 and whether DOT is a good buy.

Negative News

Polkadot price analysis: DOT value declines to $4.89 After the bearish extension

Source: Cryptopolitan

Date: Wed, 11 Jan 2023 11:11:21

Polkadot price analysis shows a decline in price today as the market is still uncertain about the potential for growth in the near future. The digital currency has seen a decline of 0.46% over the last 24 hours and currently trading at $4.89, down from its all-time high of $4.96.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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