"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.
Recently, we have just launched a news sentiment analysis tool that utilises machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.
Interested in our product? It's available for free here -> ChainMetrics.ai
BITCOIN (BTC)
Current Price: $ 18,874.3 (24h Changes: 7.54 %)
Current Market Cap: $ 363,230,314,911 (24h Changes: 7.65 %)
Positive News
Source: The Daily Hodl
Date: Thu, 12 Jan 2023 14:41:46
A widely followed crypto analyst is updating his outlook on the top two leading digital assets by market cap and an altcoin that has posted large gains in the last 10 days.
Nigeria Now Has Its First Bitcoin Lightning Network Node Operating
Source: Coincu
Date: Thu, 12 Jan 2023 14:35:38
Key Points: A new Lightning Network node in Nigeria is motivating Africans to adopt Bitcoin. Lightning Network (LN) has been around for a while, but its adoption in rural places is still a long way off.
Hong Kong is Setting Up a Shortlist of Tokens Retail Can Trade - Which Coins Will Make the List
Source: Cryptonews
Date: Thu, 12 Jan 2023 14:30:00
Hong Kong's financial regulator is expected to create a dedicated whitelist of tokens that retail users will be allowed to trade.
Neutral News
Grayscale Bitcoin Trust Discount Narrows to 8-Week Low
Source: Coindesk
Date: Thu, 12 Jan 2023 14:00:31
Grayscale Bitcoin Trust's early 2023 rally outpaced that of its underlying bitcoin holdings, significantly narrowing its discount to the net asset value. The closed-end trust with more than $10 billion in assets under management is up 17.5% to begin the year versus about a 5% advance in the price of bitcoin to its current $17,300.
Bitcoin Network Braces for Notable Difficulty Increase in 3 Days
Source: Bitcoin
Date: Thu, 12 Jan 2023 12:00:03
Bitcoin's mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin's mining difficulty appears to be on track for a 10% increase, rising from 34.
Mining Bitcoin at home — Is it time to start? Market Talks
Source: Cointelegraph
Date: Thu, 12 Jan 2023 12:00:00
Join us as we discuss everything you need to know about mining crypto from the comfort of your home. Hosting the show will be Cointelegraph's head of markets, Ray Salmond, with special guest Justin Kramer.
Negative News
Source: The Daily Hodl
Date: Thu, 12 Jan 2023 14:05:06
Hundreds of millions of dollars worth of Bitcoin (BTC) and other crypto assets have been liquidated in the last day as new inflation triggers a bounce for the markets.
Bitcoin miner Iris Energy revenue falls 27% in December
Source: The Block
Date: Thu, 12 Jan 2023 12:49:44
Bitcoin mining firm Iris Energy reported that its operating revenue declined 27% from December to November, falling to $2.1 million, reflecting the first full month of operations after terminating some hosting arrangements. The post Bitcoin miner Iris Energy revenue falls 27% in December appeared first on The Block.
Katie Stockton: BTC Could Fall to About $13,900
Source: LiveBitcoinNews
Date: Thu, 12 Jan 2023 12:00:36
There is good news and bad news surrounding bitcoin. The good news is that its next major rally is believed to be about six months away according to analyst Katie Stockton.
ETHEREUM (ETH)
Current Price: $ 1,427.12 (24h Changes: 6.17 %)
Current Market Cap: $ 171,785,101,263 (24h Changes: 6.31 %)
Positive News
Source: The Daily Hodl
Date: Thu, 12 Jan 2023 14:41:46
A widely followed crypto analyst is updating his outlook on the top two leading digital assets by market cap and an altcoin that has posted large gains in the last 10 days.
Hong Kong is Setting Up a Shortlist of Tokens Retail Can Trade - Which Coins Will Make the List
Source: Cryptonews
Date: Thu, 12 Jan 2023 14:30:00
Hong Kong's financial regulator is expected to create a dedicated whitelist of tokens that retail users will be allowed to trade.
Bitcoin Looks To Retake $20,000 As Ether, XRP, Cardano Traders Bank On A Massive Bull Run
Source: Zycrypto
Date: Thu, 12 Jan 2023 13:47:54
After an epic battle for control at the beginning of January, Bitcoin bulls managed to topple bears this week, with the price soaring past $18,000 on Dec 12 for the first time since mid-December.
Neutral News
Bitcoin, Ethereum, Shiba Inu value Analyses
Source: The Cryptonomist
Date: Thu, 12 Jan 2023 06:02:31
The Fear and Greed Index is 30 Fear and is +4 from Wednesday's reading of 26 Fear
Dogecoin (DOGE) Creator Sells Bunch of Ethereum (ETH) at $1,190, Here's Reason
Source: UToday
Date: Thu, 12 Jan 2023 05:07:00
Co-founder of Dogecoin has sold some of his Ethers at low price, making "negative money"
Why This Bitcoin Offshoot Is Down 6% Even As Apex Crypto, Ethereum Are Shooting Up
Source: Benzinga
Date: Thu, 12 Jan 2023 02:09:53
Bitcoin SV (CRYPTO: BSV) tumbled early on Thursday even as major coins such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) clocked significant gains. What Happened: The drop in price comes after Robinhood (NASDAQ: HOOD) said support for BSV would be discontinued.
Negative News
Dogecoin creator dumps ‘a bunch' of his Ethereum holdings; Here's why
Source: Finbold
Date: Thu, 12 Jan 2023 07:05:28
Just before the recent rally Ethereum (ETH) recorded since the year's turn, Dogecoin (DOGE) founder Billy Markus sold a large amount of his Ethereum holdings, missing out on the major opportunity to profit on the later bullish change in price.
BINANCE (BNB)
Current Price: $ 286.04 (24h Changes: 2.35 %)
Current Market Cap: $ 46,691,608,114 (24h Changes: 2.36 %)
Neutral News
The crypto Binance Coin (BNB) resists the bear market
Source: The Cryptonomist
Date: Thu, 12 Jan 2023 04:47:28
Binance and its CEO Changpeng Zhao plan to increase its workforce by about 30%
Negative News
Binance Coin Reaches Overbought Zone And Drops To $271
Source: Coin Idol
Date: Thu, 12 Jan 2023 08:05:00
Binance Coin (BNB) price has broken above both the $255 resistance level and the 50-day line SMA, moving into positive trend territory.
CARDANO (ADA)
Current Price: $ 0.33 (24h Changes: 4.28 %)
Current Market Cap: $ 11,595,086,744 (24h Changes: 4.46 %)
Positive News
Bitcoin Looks To Retake $20,000 As Ether, XRP, Cardano Traders Bank On A Massive Bull Run
Source: Zycrypto
Date: Thu, 12 Jan 2023 13:47:54
After an epic battle for control at the beginning of January, Bitcoin bulls managed to topple bears this week, with the price soaring past $18,000 on Dec 12 for the first time since mid-December.
Cardano takes the lead in development activity, but what about ADA?
Source: AMBCrypto
Date: Thu, 12 Jan 2023 12:30:03
Cardano [ADA] is demonstrating growth in multiple areas, especially those related to development. It even flipped Polkadot [DOT] to become the leading blockchain network in terms of development activity in the last 24 hours.
Cardano price explodes by 20% thanks to smart contracts, Mithril and superior technology- Report
Source: CryptoNewsFlash
Date: Thu, 12 Jan 2023 12:09:37
Cardano (ADA) is among the top gainers, rising by more than 20 percent over the past week.
Neutral News
First-ever Cardano smart contract on Python revealed; Here's what you should know
Source: Finbold
Date: Thu, 12 Jan 2023 05:50:44
Despite occasional setbacks in the cryptocurrency market, the Cardano (ADA) developers team remains unconcerned and focused on technological innovation, with one of the newest developments revealed to be smart contracts written in the Python programming language.
5 Cryptocurrencies To Look Out For This Weekend
Source: Coingape
Date: Thu, 12 Jan 2023 04:41:54
The year 2023 looks to be an interesting one for the cryptocurrency market. The future direction of the market and the duration of the FTX fallout are both uncertain, on the one hand.
Negative News
Cardano ($ADA) Recorded Second Largest Drawdown in History Last Year
Source: CryptoGlobe
Date: Thu, 12 Jan 2023 00:50:00
The 2022 bear market has significantly impacted the cryptocurrency space which significantly affected both individual investors and businesses operating in the space, so much so that Cardano ($ADA) recorded the second-largest drawdown in its history. According to CryptoCompare's latest Asset Report, the smart contract platform's native token ended the year at around $0.
RIPPLE (XRP)
Current Price: $ 0.38 (24h Changes: 1.23 %)
Current Market Cap: $ 19,066,664,623 (24h Changes: 1.25 %)
Positive News
Bitcoin Looks To Retake $20,000 As Ether, XRP, Cardano Traders Bank On A Massive Bull Run
Source: Zycrypto
Date: Thu, 12 Jan 2023 13:47:54
After an epic battle for control at the beginning of January, Bitcoin bulls managed to topple bears this week, with the price soaring past $18,000 on Dec 12 for the first time since mid-December.
XRP up 28% in Trading Volume Amid Major Inflation Report
Source: UToday
Date: Thu, 12 Jan 2023 08:54:00
XRP soars 28% in trading volume amid major CPI report by US Fed
How XRP created a ‘Ripple' in the market with its latest price surge
Source: AMBCrypto
Date: Thu, 12 Jan 2023 08:30:38
Ripple [XRP], the third-largest cryptocurrency by market capitalization, witnessed a surge in prices over the last 24 hours, according to an 11 January tweet by Santiment. The spike, which saw prices increase by 6.2%, is being attributed to spikes in both social dominance and address activity.
Neutral News
Ripple vs. SWIFT: Using XPRL makes payment pre-validation redundant due to blockchain technology
Source: CryptoNewsFlash
Date: Thu, 12 Jan 2023 14:33:42
SWIFT has recently showcased how its payment pre-validation system helps reduce friction in online payments.
Hundreds of Millions of XRP on Move, 262 Million in Single Lump: Possible Reason
Source: UToday
Date: Thu, 12 Jan 2023 10:59:00
Whales continue to shovel astounding sums in crypto and XRP in particular, while its price goes up
Ripple's XRP Consolidates For A Massive Move As SEC Case Nears Conclusion
Source: CoinPedia
Date: Thu, 12 Jan 2023 06:10:54
XRP's price is currently forming a macro wedge consolidation, which is commonly followed by a significant price increase. In the past 24 hours, the cryptocurrency has gained about 3.1% and is trading around $0.374303. Market analysts believe that XRP is gearing up for a significant breakout as the SEC case nears its conclusion.
Negative News
Ripple CTO called out for market manipulation of FLR token
Source: CryptoSlate
Date: Thu, 12 Jan 2023 14:40:45
Ripple CTO David Schwartz has been criticized for alleged market manipulation of Flare (FLR) tokens with his recent comments on the FLR token airdrop. The post Ripple CTO called out for market manipulation of FLR token appeared first on CryptoSlate.
SOLANA (SOL)
Current Price: $ 16.51 (24h Changes: 2.62 %)
Current Market Cap: $ 6,103,041,876 (24h Changes: 3.02 %)
Positive News
Solana Begins To Recover As On-chain Activity Rises
Source: NewsBTC
Date: Thu, 12 Jan 2023 06:20:43
With the recent hype and increase in meme coins on Solana over the past weeks, the network has gained a significant amount of momentum, pushing it to an uptick both in on-chain activity and trading volume. Solana has begun to show recovery signs from the FTX scandal following a recent spike in momentum.
Solana Revival Gathers Momentum as On-chain Activity Increases
Source: BeInCrypto
Date: Thu, 12 Jan 2023 02:01:29
The previously written-off Solana network is going through a revival phase as an uptick in on-chain activity has been observed. The post Solana Revival Gathers Momentum as On-chain Activity Increases appeared first on BeInCrypto.
AVALANCHE (AVAX)
Current Price: $ 15.35 (24h Changes: 5.32 %)
Current Market Cap: $ 4,777,015,351 (24h Changes: 5.68 %)
Positive News
Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High
Source: Bitcoin
Date: Thu, 12 Jan 2023 11:30:54
Avalanche was one of Thursday's big gainers, as the token rose by as much as 22% in today's session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high.
Avalanche [AVAX] gains 25% in a day, thanks to the Amazon AWS
Source: AMBCrypto
Date: Thu, 12 Jan 2023 10:30:28
Even though the market may be in a downturn, Avalanche [AVAX] has taken advantage of every chance to forge significant partnerships. With its most recent alliance, Avalanche is putting itself in a position to provide institutional services, which may mark the beginning of the next stage of blockchain use.
AVAX Sees Massive Boost On Avalanche's Partnership With Amazon Web Services
Source: Zycrypto
Date: Thu, 12 Jan 2023 10:27:36
Ava Labs, the Web3 organization overseeing the development and promotion of the Avalanche (AVAX) blockchain, has scored a long-term partnership with Amazon Web Services (AWS) to scale
Neutral News
Chainlink, Decentraland, Dogecoin and Avalanche
Source: The Cryptonomist
Date: Thu, 12 Jan 2023 09:22:25
After a 2022 in tears and blood for almost all cryptocurrencies, the new year opened with a green sign, but with an apparent change of direction (too little time to be sure) strong volatility also returned, with this article we try to analyze the most important realities touching on various aspects, metaverse with Decentraland, Chainlink, memecoins courtesy of Dogecoin, and Avalanche.
5 Cryptocurrencies To Look Out For This Weekend
Source: Coingape
Date: Thu, 12 Jan 2023 04:41:54
The year 2023 looks to be an interesting one for the cryptocurrency market. The future direction of the market and the duration of the FTX fallout are both uncertain, on the one hand.
Negative News
Avalanche investors could be disoriented as AVAX exhibits these signs
Source: AMBCrypto
Date: Thu, 12 Jan 2023 00:30:57
Avalanche, a decentralized finance (DeFi) platform, witnessed noteworthy growth in its decentralized exchange (DEX) market. This was due to the fact that the deposit capacity of GLP on Yeti Finance, a popular DEX on Avalanche, reached a new milestone.
Avalanche Price Prediction: Brace for an AVAX, JOE Pullback
Source: InvestingCube
Date: Thu, 12 Jan 2023 00:05:41
Avalanche price went vertical as cryptocurrencies surged. AVAX rose to a high of $16.45, the highest point since November.
NEAR (NEAR)
Current Price: $ 1.84 (24h Changes: 8.27 %)
Current Market Cap: $ 1,549,201,926 (24h Changes: 8.9 %)
Positive News
Bitcoin Tops $18,000 Following Inflation Data; Avalanche, NEAR Protocol Among Top Gainers
Source: Benzinga
Date: Thu, 12 Jan 2023 09:46:21
Bitcoin (CRYPTO: BTC) traded higher this morning following the release of US inflation data, with the cryptocurrency prices trading past the $18,000 level on Thursday. Ethereum (CRYPTO: ETH), also traded higher, trading close to the key $1,400 mark on Thursday.
COSMOS (ATOM)
Current Price: $ 12.12 (24h Changes: 6.86 %)
Current Market Cap: $ 3,539,440,944 (24h Changes: 7.17 %)
Neutral News
Cosmos-based DeFi Protocol Quasar Closes $5.4 Million Funding Round Led By Shima Capital
Source: Coincu
Date: Thu, 12 Jan 2023 00:33:06
Key Points: Quasar has successfully raised $5,432,100 (countdown intended) for its bridge round, with a $70 million valuation. A $5.4 million fundraising round headed by Shima Capital and including participation from Polychain Capital, Blockchain Capital, HASH Capital, CIB, and others was completed for Quasar, a Cosmos-based DeFi protocol.
POLKADOT (DOT)
Current Price: $ 5.21 (24h Changes: 3.76 %)
Current Market Cap: $ 6,193,138,131 (24h Changes: 4.1 %)
Positive News
2 Cryptos Down 90% to Buy Right Now
Source: The Motley Fool
Date: Thu, 12 Jan 2023 11:37:00
Don't let these cryptocurrencies' plunging price charts fool you. Both have credible plans for long-term growth.
Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High
Source: Bitcoin
Date: Thu, 12 Jan 2023 11:30:54
Avalanche was one of Thursday's big gainers, as the token rose by as much as 22% in today's session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high.