What Happens To L1 Tokens Today? (14 Sep 2022, Wednesday)


"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: $ 20,277 (24h Changes: -9.48 %)

Current Market Cap: $ 388,281,915,305 (24h Changes: -9.5 %)

Positive News

ZEBEDEE, Slice Launch Browser Extension To Pay Users In Bitcoin For Web Surfing

Source: Bitcoin Magazine

Date: Tue, 13 Sep 2022 15:51:07

The browser extension, once linked to a ZEBEDEE account, pays users for watching advertisements in redeemable points which can be exchanged for bitcoin.

Bitcoin reaches this key milestone for the first time since March

Source: AMBCrypto

Date: Tue, 13 Sep 2022 15:30:09

Bitcoin [BTC] has made major moves on the price chart after breaking through the $22,000 resistance on the daily chart. As of 12 September, the crypto king breached this zone and has been holding it steadily.

Top Crypto Strategist Predicts Strong Rallies for Bitcoin (BTC) and Ethereum (ETH) – But There's a Catch

Source: The Daily Hodl

Date: Tue, 13 Sep 2022 14:45:21

A popular crypto analyst who nailed Bitcoin's 2018 bottom believes that BTC and Ethereum (ETH) are gearing up for steep price rallies.

Neutral News

Crypto Lobbyist on US Bitcoin ETF Push: SEC Should Not Pick Winners and Losers

Source: Coindesk

Date: Tue, 13 Sep 2022 13:00:33

A bitcoin exchange-traded fund (ETF) is long overdue, according to a new report from crypto lobbying group The Chamber of Digital Commerce, which faults the U.S. Securities and Exchange Commission (SEC) for depriving investors. The Chamber of Digital Commerce founder & CEO Perianne Boring breaks down the report, saying the SEC is a "disclosure regulator, not a merit regulator," so it "should not be picking winners and losers.

Bitcoin Bull Cathie Wood says Deflation Is In The Pipeline Ahead Of Today's U.S. CPI data

Source: Benzinga

Date: Tue, 13 Sep 2022 11:40:51

Bitcoin (CRYPTO: BTC) is leaning bullish heading into today's critical U.S. CPI data from August, as it attempts to print a higher low on the weekly time frame. Headline inflation is expected to be 8.1% year-over-year, which would be a decrease from last month's 8.5%.

Negative News

Bitcoin mining difficulty expected to reach new all time high

Source: CryptoSlate

Date: Tue, 13 Sep 2022 15:15:37

Bitcoin's (BTC) mining difficulty will reach a new all-time high by 8:21 PM GMT on September 13, as Glassnode data analyzed by CryptoSlate predicts a 3.5% increase within the next few hours. The post Bitcoin mining difficulty expected to reach new all time high appeared first on CryptoSlate.

Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground

Source: Cointelegraph

Date: Tue, 13 Sep 2022 15:15:00

BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery?

Glassnode: Bitcoin Is Yet To See This Historic Late-Bear Crossover

Source: NewsBTC

Date: Tue, 13 Sep 2022 15:00:34

Data from Glassnode shows Bitcoin hasn't yet seen a crossover in the current cycle that has historically marked late-bear periods. Bitcoin Short-Term Holder Realized Price Is Still Above Long-Term Holder's According to the latest weekly report from Glassnode, the STH and LTH realized price crossover hasn't yet taken place during the current bear market.

 

ETHEREUM (ETH)

Current Price: $ 1,614.2 (24h Changes: -6.4 %)

Current Market Cap: $ 194,514,570,905 (24h Changes: -6.44 %)

Positive News

BitMEX Co-Founder Arthur Hayes Predicts $3,000 Ethereum Price As The Merge Finally Beckons

Source: Zycrypto

Date: Tue, 13 Sep 2022 15:16:43

Hayes noted that the price growth would be greatly influenced by the Merge considering the event will result in a structural change of the blockchain infrastructure.

The Merge: Ethereum Upgrade Reshapes Crypto's Universe

Source: Bloomberg Technology

Date: Tue, 13 Sep 2022 14:59:23

Ethereum, the popular crypto network that runs Ether, is about to get a long-anticipated software change. "The Merge," as it is known to crypto fans worldwide, will lower Ethereum's energy use by 99%.

Top Crypto Strategist Predicts Strong Rallies for Bitcoin (BTC) and Ethereum (ETH) – But There's a Catch

Source: The Daily Hodl

Date: Tue, 13 Sep 2022 14:45:21

A popular crypto analyst who nailed Bitcoin's 2018 bottom believes that BTC and Ethereum (ETH) are gearing up for steep price rallies.

Neutral News

Here's How Ethereum's Upcoming Transition Will Affect Its Token Supply, According to Crypto Analytics Firm

Source: The Daily Hodl

Date: Tue, 13 Sep 2022 15:00:15

A prominent market intelligence firm says that the amount of Ethereum (ETH) issued per block will significantly decrease after the leading altcoin transitions to a proof-of-stake mechanism. New research from crypto analytics firm IntoTheBlock reveals what to expect from the leading smart contract platform's upcoming merge.

The Merge Is Nearly Here: What to Expect From Ethereum's Transition to Proof of Stake (PoS)

Source: BeInCrypto

Date: Tue, 13 Sep 2022 14:30:00

After several delays, Ethereum's proof-of-stake upgrade is finally here. It is expected to take place between Sept.

Stay Ahead of the Merge: How NFT Projects Are Preparing For Ethereum's Network Shift

Source: NewsBTC

Date: Tue, 13 Sep 2022 13:11:38

One of the most significant events in the history of cryptocurrency is finally expected to happen this week. Ethereum's major software upgrade, called The Merge, will fully transition the blockchain platform from its current proof-of-work consensus mechanism to the proof-of-stake model.

Negative News

Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground

Source: Cointelegraph

Date: Tue, 13 Sep 2022 15:15:00

BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery?

Nansen Casts Doubt on Merge-Initiated Staked ETH Sell-Off

Source: Coindesk

Date: Tue, 13 Sep 2022 13:54:37

More than 70% of staked ETH is worth less today than when first purchased, the crypto analytics firm found.

Bitcoin drops below $21,000, ether under $1,600 following hot U.S. inflation

Source: The Block

Date: Tue, 13 Sep 2022 12:39:36

Bitcoin plummets below $21,000, ether losses ground ahead of The Merge and traders are increasingly expecting a harsh response from the Fed next week. The post Bitcoin drops below $21,000, ether under $1,600 following hot U.S. inflation appeared first on The Block.

 

BINANCE (BNB)

Current Price: $ 279.68 (24h Changes: -4.9 %)

Current Market Cap: $ 45,626,364,935 (24h Changes: -4.76 %)

Positive News

Binance's BNB Coin and BudBlockz (BLUNT) are Top Analysts' Bullish Picks for Q4 2022

Source: Crypto news

Date: Tue, 13 Sep 2022 07:34:34

Binance Coin (BNB) and newcomer BudBlockz ($BLUNT) are two projects analysts expect to outperform the crypto markets in Q4 2022.

 

CARDANO (ADA)

Current Price: $ 0.47 (24h Changes: -7.0 %)

Current Market Cap: $ 15,962,094,832 (24h Changes: -6.95 %)

Positive News

Ripple (XRP), Cardano (ADA) Price Analysis For 2023; The Hideaways (HDWY) Presale Price Increase Happening This Friday

Source: Crypto Daily

Date: Tue, 13 Sep 2022 12:00:00

Ripple (XRP) and Cardano are 2 of the biggest crypto projects out there, although with an increasing number of projects being built on the Cardano ecosystem in the last week, our analysts give their Ripple price predictions and Cardano price predictions for 2023.  If you haven't heard about The Hideaways yet then you're just in time.

Here's Why Cardano Is Undervalued by Crypto Market

Source: UToday

Date: Tue, 13 Sep 2022 12:00:00

Crypto market underestimates Cardano as ADA price doesn't react much to recent events

Cardano price analysis: ADA remains consistent at $0.5

Source: Cryptopolitan

Date: Tue, 13 Sep 2022 08:25:23

Cardano price analysis shows rising signs as the market shows consistency. The bulls have partially regained their control of the Cardano market, which will change the course of the market for the worse, and ADA now expects a complete bearish period to take over in the next few days.

Neutral News

7 Cryptos to Watch on the Eve of the ‘Merge'

Source: Investorplace

Date: Tue, 13 Sep 2022 11:02:27

Ethereum's transition to a new protocol may be groundbreaking but it's not without risks. Investors should watch these cryptos closely.

Kulfi Finance Introduces Fixed Rate Lending and Borrowing Protocol on Cardano

Source: BeInCrypto

Date: Tue, 13 Sep 2022 06:07:21

Cardano has reached a critical milestone in its blockchain development, with the first fixed rate lending and borrowing protocol, Kulfi finance launched on the Cardano blockchain. Kulfi Finance a decentralized lending and borrowing protocol announced its platform launch on the Cardano blockchain.

Negative News

DOGE, ADA, BTC Plunge as Nomura Predicts 100-Basis-Point Rate Hike

Source: UToday

Date: Tue, 13 Sep 2022 14:56:00

Nomura Securities predicts that the Fed is likely to go for a 100-basis-point rate hike

Cardano Founder Talks About "Key Cause" of Market Sell-off, ADA Down 8%

Source: UToday

Date: Tue, 13 Sep 2022 11:24:00

Crypto market tumbles, majority of altcoins recording losses at press time

ADA, SHIB, AVAX Unexpectedly Decline by 6% as Market Selling Pressure Returns

Source: UToday

Date: Tue, 13 Sep 2022 10:05:00

Traders anticipate another high-interest rate hike from Federal Reserve

 

RIPPLE (XRP)

Current Price: $ 0.34 (24h Changes: -5.36 %)

Current Market Cap: $ 16,857,500,403 (24h Changes: -5.39 %)

Positive News

Ripple (XRP), Cardano (ADA) Price Analysis For 2023; The Hideaways (HDWY) Presale Price Increase Happening This Friday

Source: Crypto Daily

Date: Tue, 13 Sep 2022 12:00:00

Ripple (XRP) and Cardano are 2 of the biggest crypto projects out there, although with an increasing number of projects being built on the Cardano ecosystem in the last week, our analysts give their Ripple price predictions and Cardano price predictions for 2023.  If you haven't heard about The Hideaways yet then you're just in time.

Ripple co-founder launches startup to enable millions to live across solar system

Source: Finbold

Date: Tue, 13 Sep 2022 11:39:06

On September 12, Jed McCaleb, one of the co-founders of Ripple, announced the start of his new space enterprise named

Here's When XRP Will Take Off, David Gokhshtein Believes, And Even More Will Happen Then

Source: UToday

Date: Tue, 13 Sep 2022 09:28:00

Cryptocurrency influencer and former US politician opines on when XRP will show significant price increase, extending his support for this asset

Neutral News

Ripple v. SEC: Lawsuit Enters New Phase of Proceedings as Court Approves Scheduling Proposal

Source: UToday

Date: Tue, 13 Sep 2022 09:40:00

Opening motions for summary judgment are due September 13

XRP Whales Make Huge Move! What Lies Ahead For XRP Price?

Source: CoinPedia

Date: Tue, 13 Sep 2022 05:46:33

XRP is continuously witnessing whale movements amid crypto winter. Such whale movements in the XRP network create belief in founders and investors that XRP is building a big move ahead.

Raoul Pal: XRP Ledger (XRPL) Will Be ‘At the Center' of the World's Move to CBDCs

Source: CryptoGlobe

Date: Tue, 13 Sep 2022 04:57:50

Recently, former Goldman Sachs executive Raoul Pal explained why he is bullish on Ripple and the XRPL Ledger (XRPL). 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”).

Negative News

Ripple (XRP) Fails To Hit Double-digit Gain, What Could Be Wrong?

Source: NewsBTC

Date: Tue, 13 Sep 2022 13:37:08

Ripple (XRP) has had a tough time producing double-digit gains against tether (USDT) as prices continue to range with little or no movement in recent times. The crypto market in its early days saw prices of altcoins surge as most coins rallied with considerable price gains, but that can not be said of Ripple (XRP).

Judge Torres handed a new headache after Ripple rejects SEC's latest plea

Source: AMBCrypto

Date: Tue, 13 Sep 2022 09:30:12

The SEC and Ripple legal conflict has taken another turn after the latter filed the latest request. Recently, Ripple had filed its opposition to the SEC's attempt to seal the identities of its experts regarding Daubert motions.

Ripple Continues Its Sideways Trend and is Under Selling Pressure at $0.36

Source: Coin Idol

Date: Tue, 13 Sep 2022 07:30:00

The price of Ripple (XRP) is in an upward correction as the price breaks above the moving average lines.

 

SOLANA (SOL)

Current Price: $ 34.15 (24h Changes: -9.2 %)

Current Market Cap: $ 12,058,684,109 (24h Changes: -9.14 %)

Positive News

3 reasons SOL price is up 30% in two weeks — will Solana's uptrend continue?

Source: Cointelegraph

Date: Tue, 13 Sep 2022 10:52:06

A mix of solid fundamental and technical catalysts helped SOL price reach its best level in three weeks.

While Bitcoin (BTC) Price Rises Above $22,000, Solana (SOL) Has A Massive Increase In NFT Mint Volume

Source: Dailycoin

Date: Tue, 13 Sep 2022 08:34:51

Solana has the second-largest growth among the top ten cryptocurrencies by market capitalization.

Why Solana Price is up 5% at $38 - Should You Buy SOL Today?

Source: Cryptonews

Date: Tue, 13 Sep 2022 08:12:00

Solana (SOL) has risen by 5% today relative to its 24-hour low, moving from USD 36.82 early this morning to USD 38.67 as of writing. Its current price also represents a 20% jump in the past week, according to CoinGecko, as well as a 19% increase in the last 14 days.

Neutral News

7 Cryptos to Watch on the Eve of the ‘Merge'

Source: Investorplace

Date: Tue, 13 Sep 2022 11:02:27

Ethereum's transition to a new protocol may be groundbreaking but it's not without risks. Investors should watch these cryptos closely.

Algorand throws hat in ring as Helium community begins vote on Solana migration

Source: CryptoSlate

Date: Tue, 13 Sep 2022 06:16:16

Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. The post Algorand throws hat in ring as Helium community begins vote on Solana migration appeared first on CryptoSlate.

Presale Star Flasko (FLSK) Rising In Popularity WillLeave Apecoin (APE) and Solana (SOL) Behind

Source: CoinPedia

Date: Tue, 13 Sep 2022 05:54:15

These past few months have seen many devastating things happen in the crypto world, and many tokens, including Apecoin (APE) and Solana (SOL), have suffered because of it. To combat losses, investors have set their sights on the upcoming protocol —  Flasko.

Negative News

Why Crypto Stocks Plunged Today

Source: The Motley Fool

Date: Tue, 13 Sep 2022 15:35:45

Inflation data has the market reeling.

 

AVALANCHE (AVAX)

Current Price: $ 19.33 (24h Changes: -9.59 %)

Current Market Cap: $ 5,716,348,103 (24h Changes: -9.46 %)

Positive News

Progress: Securitize Now Offers Tokenized KKR Fund on Avalanche Blockchain

Source: CrowdFundInsider

Date: Tue, 13 Sep 2022 11:00:13

Securitize, a digital securities platform enabling both primary issuance as well as secondary trading, has announced a new tokenized asset that provides investors with exposure to a fund created by KKR. KKR is a fabled buy-out firm and asset management company.

Securitize Tokenizes Exposure to KKR Fund through Avalanche

Source: InvestingCube

Date: Tue, 13 Sep 2022 07:53:56

Securitize, a pioneer in the digital asset securities industry, today announced the establishment of a fund on the Avalanche public blockchain that will give its clients tokenized exposure to KKR's Health Care Strategic Growth Fund II (“HCSG II”). For the first time in the United States, investors can get access to one of KKR's alternative investment strategies through a tokenized fund (the “Fund”) issued by Securitize.

KKR experiments with listing private equity investments on Avalanche: WSJ

Source: The Block

Date: Tue, 13 Sep 2022 06:41:10

The move will expand individual investors' access to private investment vehicles. The post KKR experiments with listing private equity investments on Avalanche: WSJ appeared first on The Block.

Negative News

Avalanche price analysis: AVAX/USD prices slip below $19.64 as market conditions turn bearish

Source: Cryptopolitan

Date: Tue, 13 Sep 2022 12:59:50

Avalanche price analysis for today shows that the AVAX/USD pair has fallen to a new low of $19.64 after a bearish drive. The market has found support at $19.62 but the bulls have not been able to push the price higher.

ADA, SHIB, AVAX Unexpectedly Decline by 6% as Market Selling Pressure Returns

Source: UToday

Date: Tue, 13 Sep 2022 10:05:00

Traders anticipate another high-interest rate hike from Federal Reserve

 

NEAR (NEAR)

Current Price: $ 4.54 (24h Changes: -9.25 %)

Current Market Cap: $ 3,550,222,688 (24h Changes: -9.42 %)

Positive News

NEAR Protocol adds Tether [USDT] to its pack but here's the catch

Source: AMBCrypto

Date: Tue, 13 Sep 2022 13:30:26

There has been a lot of quiet from NEAR Protocol's [NEAR] end lately. In an awakening call, NEAR seemed to have heeded the shouts for an update.

NEAR Foundation Launches $100M VC Fund for Web3 Innovation

Source: Coindesk

Date: Tue, 13 Sep 2022 11:00:02

The NEAR Foundation is introducing a $100 million venture capital fund and venture lab in partnership with Caerus Ventures to catalyze innovation in Web3 with a focus on sport, music, film, fashion and art. "The Hash" panel shares their thoughts on navigating the world of Web3 among many "trend-following" projects.

NEAR Launching $100M VC Fund For Web3

Source: Crypto Daily

Date: Tue, 13 Sep 2022 10:40:00

The NEAR Foundation will be launching a $100 million venture capital fund to support web3 developments and entertainment.  Venture Lab Initiative The project includes a venture capital fund and a venture lab.

Neutral News

NEAR Protocol Integrates Tether USDT Stablecoin

Source: Coinspeaker

Date: Tue, 13 Sep 2022 06:48:27

Coinspeaker NEAR Protocol Integrates Tether USDT Stablecoin

Near Protocol Adds USDT to Supported Assets

Source: InvestingCube

Date: Tue, 13 Sep 2022 04:02:41

Near Protocol announced on Monday the addition of support for USDT. We discuss the significance of the move.

Negative News

NEAR Protocol: These metrics can play a role in pushing NEAR down

Source: AMBCrypto

Date: Tue, 13 Sep 2022 05:30:55

NEAR recently outperformed several other cryptos with a larger market capitalization as it registered double-digit gains in the last seven days. The unprecedented surge sparked excitement in the community and gave investors hope for brighter days ahead for the token.

 

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Pascal Bernardon

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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