What Happens To L1 Tokens Today? (15 Dec 2022, 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.

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BITCOIN (BTC)

Current Price: $ 17,844.84 (24h Changes: 0.8 %)

Current Market Cap: $ 343,549,175,652 (24h Changes: 0.67 %)

Positive News

Former Goldman Sachs Executive Raul Pal “BTC, ETH Uptrend is Coming Soon”

Source: Bitcoinworld

Date: Wed, 14 Dec 2022 13:40:17

  Former Goldman Sachs executive and analyst Raul Pal said in his 14th report that Bitcoin and Ethereum would soon enter a bull market for a variety of reasons. Raul Pal's prognosis of a bullish turn was based mostly on the fact that both currencies were holding support.

Bitcoin Back Above $18,000 for First Time Since FTX Collapse

Source: Decrypt

Date: Wed, 14 Dec 2022 13:21:39

It may feel like a lifetime ago, but Bitcoin was above $21,000 as recently as early November.

Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December

Source: CryptoSlate

Date: Wed, 14 Dec 2022 12:52:17

In December, Bitcoin outperformed the native tokens of the Solana, Ethereum, Polkadot, Binance, and Cosmos ecosystems, according to data analyzed by CryptoSlate. The post Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December appeared first on CryptoSlate.

Neutral News

Visiting El Salvador's Slums, It's Clear Bitcoin Country Must Go Further

Source: Bitcoin Magazine

Date: Wed, 14 Dec 2022 13:11:23

A visit to Soyapango, one of El Salvador's most impoverished slums, shows that the Bitcoin experiment isn't reaching those who need it most.

Reaching the Bitcoin price bottom is a process, says The Wolf of All Streets, Scott Melker

Source: Cointelegraph

Date: Wed, 14 Dec 2022 13:01:00

“People love to point at a specific price in hindsight as the bottom of an asset, but bottoming is a process,” Melker says during the first episode of Crypto Trading Secrets.

Mining Bitcoin: Russia Bans Mining in Residential Zones Whilst Japan Capitalizes on Spare Energy

Source: Dailycoin

Date: Wed, 14 Dec 2022 13:00:30

Russia is cracking down on residential mining whilst Japan looks to utilize excess energy for mining centers

Negative News

Bitcoin, crypto prices fall on Fed's latest decision, US stock indices drop

Source: The Block

Date: Wed, 14 Dec 2022 14:36:05

The Fed's latest decision sent crypto prices and stocks lower today. The post Bitcoin, crypto prices fall on Fed's latest decision, US stock indices drop appeared first on The Block.

Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points

Source: CryptoSlate

Date: Wed, 14 Dec 2022 14:23:20

The Fed raised interest rates by 50 basis points (bps) following the December 14 Federal Open Market Committee (FOMC) meeting. The post Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points appeared first on CryptoSlate.

Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points

Source: The Block

Date: Wed, 14 Dec 2022 14:12:44

Bitcoin falls as the Fed delivered the expected 50 basis point increase. The post Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points appeared first on The Block.

 

ETHEREUM (ETH)

Current Price: $ 1,311.18 (24h Changes: -0.19 %)

Current Market Cap: $ 158,086,815,794 (24h Changes: -0.22 %)

Positive News

Former Goldman Sachs Executive Raul Pal “BTC, ETH Uptrend is Coming Soon”

Source: Bitcoinworld

Date: Wed, 14 Dec 2022 13:40:17

  Former Goldman Sachs executive and analyst Raul Pal said in his 14th report that Bitcoin and Ethereum would soon enter a bull market for a variety of reasons. Raul Pal's prognosis of a bullish turn was based mostly on the fact that both currencies were holding support.

ETH's spike in address activity didn't coincide with ‘profit-taking opportunity'

Source: AMBCrypto

Date: Wed, 14 Dec 2022 13:30:48

Having traded momentarily at the $1,335 price mark, the leading altcoin Ethereum [ETH] hit a five-week high during the intraday trading session on 13 November.

Ethereum ConsenSys launches long anticipated zkEVM testnet – Will it drive ETH price to $2K?

Source: CryptoNewsFlash

Date: Wed, 14 Dec 2022 13:20:18

Ethereum software developer ConsenSys unveils details of its EVM-based zk-rollup solution.  The Ethereum scaling solution could fuel an ETH price surge by promoting more adoption.

Neutral News

Ethereum's Diverse Ecosystem — How Has It Changed In 2022?

Source: Bitcoinist

Date: Wed, 14 Dec 2022 14:00:01

Data shows some shifts have taken place in the Ethereum ecosystem this year. Here's how the shares of some popular transaction types have changed on the network in 2022.

3,732 ETH Worth $4M Was Just Burned

Source: Benzinga

Date: Wed, 14 Dec 2022 13:00:07

What happened: On Tuesday a total of 3,732.58 Ether (CRYPTO: ETH) worth $4,986,989, based on the current value of Ethereum at time of publication ($1,336.07), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

CFTC Calls BTC, ETH, and USDT Commodities in FTX Court Filing

Source: Dailycoin

Date: Wed, 14 Dec 2022 12:30:43

The agency seems to have contradicted its chairman Rostin Behnam's position that ETH is a security.

Negative News

What Ethereum's Rejection At $1,350 Says About The Cryptocurrency

Source: NewsBTC

Date: Wed, 14 Dec 2022 08:00:04

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend.

Layer-1 Crypto Rallies 11%, Leaving Bitcoin, Ethereum In The Dust

Source: Benzinga

Date: Wed, 14 Dec 2022 01:14:16

Toncoin (CRYPTO:TON) is rallying over 11% in the past 24 hours, outshining apex crypto Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What Happened: At the time of writing, TON was trading at $2.42.

 

BINANCE (BNB)

Current Price: $ 267.4 (24h Changes: -0.37 %)

Current Market Cap: $ 43,662,429,365 (24h Changes: -0.42 %)

Positive News

BNB Price Prediction: Breaking This Barrier Could Spark a Significant Surge

Source: NewsBTC

Date: Wed, 14 Dec 2022 00:28:35

BNB price (Binance coin) found support near $255 against the US Dollar. BNB is rising and might gain pace if it clears the $285 resistance zone.

Neutral News

BNB Chain's November tech and metric update in detail

Source: AMBCrypto

Date: Wed, 14 Dec 2022 14:30:53

Binance Coin's [BNB] price action of late did not align with investors' interest, as its weekly chart was mostly painted red. According to CoinMarketCap, BNB registered a 2.55% decline over the last seven days.

Binance (BNB) dips following widespread withdrawaIs, is it now poised to follow bitcoin's recovery?

Source: Proactive Investors

Date: Wed, 14 Dec 2022 02:42:05

Binance's BNB token has been in a bit of a freefall lately despite a net positive week for the cryptocurrency markets. Used as a utility token on Binance's centralised exchange and blockchain network and generally seen as a proxy for investor sentiment into Changpeng ‘CZ' Zhao's crypto empire, the BNB/USD pair fell to lows of US$255 on Tuesday morning.

Negative News

BNB Price Prediction: Is the Binance Exchange Next to Collapse?

Source: CryptoTicker

Date: Wed, 14 Dec 2022 01:44:31

What ended up causing the BNB price decrease, and can the drop become scary? This article is all about the BNB price prediction.

 

CARDANO (ADA)

Current Price: $ 0.31 (24h Changes: -1.09 %)

Current Market Cap: $ 10,778,876,362 (24h Changes: -1.12 %)

Positive News

The 7 Hottest Altcoins to Own for 2023 and Beyond

Source: Investorplace

Date: Wed, 14 Dec 2022 08:48:20

These hottest altcoins could provide better upside potential than top cryptos next year for aggressive investors seeking crypto exposure.

Cardano Price Forecast – Can ADA Blast Up to $1 This Week?

Source: Cryptonews

Date: Wed, 14 Dec 2022 06:29:00

Cardano price is posting modest gains as investors shrug off FTX's Samuel Bankman-Fried (SBF) arrest. Investors are focusing more on the recently released United States inflation data and the Federal Open Market Committee's decision on the interest rate.

Cardano price analysis: ADA recovers up to $0.3098 as bulls steer safely

Source: Cryptopolitan

Date: Wed, 14 Dec 2022 04:58:11

Cardano price analysis reveals a relative uptrend approach today as the price has gained value to  $0.3098 as the bulls have maintained their strength. The entire coin value has benefited since the finest recovery opportunities have been made available.

Neutral News

Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting

Source: Bitcoin

Date: Wed, 14 Dec 2022 12:00:25

Solana surged to a three-week high ahead of this afternoon's Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high.

$ADA: Hoskinson Explains Why Making Solana a Sidechain of Cardano Is a Great Idea

Source: CryptoGlobe

Date: Wed, 14 Dec 2022 03:20:35

Charles Hoskinson, Co-Founder and CEO at Input Output Global (“IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), recently explained how Solana ($SOL) could become a partner of Cardano ($ADA).

ADA Price Prediction: Binance and the Fed To Test Buyers at Sub-$0.300

Source: FXEmpire

Date: Wed, 14 Dec 2022 01:47:12

Following Tuesday's NASDAQ Index supported moves, ADA was under pressure this morning. Binance and the Fed a two are areas of market interest.

Negative News

Cardano [ADA] could offer short-selling opportunities at these levels

Source: AMBCrypto

Date: Wed, 14 Dec 2022 10:30:56

Cardano [ADA] recently hit a supply zone full of bearish order blocks. As such, it is a selling zone that could increase selling pressure as investors unload their holdings.

Cardano Is In A Tight Range And Could Fall To A Low Of $0.23

Source: Coin Idol

Date: Wed, 14 Dec 2022 07:00:00

Cardano (ADA) price is falling, although consolidation has resumed above $0.29 support. Cardano has traded between $0.31 and $0.38 in the last price action.

 

RIPPLE (XRP)

Current Price: $ 0.38 (24h Changes: -2.26 %)

Current Market Cap: $ 19,313,933,562 (24h Changes: -2.15 %)

Positive News

Ripple to save 8 billion people worldwide with sustainable blockchain technology and XRP

Source: CryptoNewsFlash

Date: Wed, 14 Dec 2022 14:19:19

Climate change experts believe that Ripple XRP Ledger has the ability to differentiate between low-quality and value-added carbon credits.

XRP News: 411 Million XRP On The Move; XRP Reclaims 6th Spot

Source: Coingape

Date: Wed, 14 Dec 2022 08:32:11

XRP News: XRP, the Native crypto of Ripple has turned out to be the most profitable token among the top 10 digital assets over the past 30 days. XRP price has surged by more than 12%, While the largest crypto Bitcoin (BTC) price is up by just 6% in the same period.

XRP Reclaims 6th Spot in Crypto Market Rankings Amid Fresh Inflows

Source: UToday

Date: Wed, 14 Dec 2022 06:31:00

XRP flips BUSD to reclaim sixth spot in crypto rankings

Neutral News

Max Keiser Riles up XRP and ETH Community with Recent Comments

Source: UToday

Date: Wed, 14 Dec 2022 07:56:00

SEC filed its charges against FTX's Sam Bankman-Fried (SBF)

Why XRP Lawsuit Is More Important Than Ever For SEC?

Source: Coingape

Date: Wed, 14 Dec 2022 06:37:06

XRP Lawsuit: The arrest of FTX's Former CEO, Sam Bankman-Fried (SBF) turned out to be the biggest positive news for the crypto market in a very long time. He was arrested by the Bahamian authority just before the day of his hearing before Congress.

XRP Whale moves tokens worth $55 mln, Ripple's crypto over the past week

Source: The Cryptonomist

Date: Wed, 14 Dec 2022 03:33:53

Millions of tokens moved to unknown exchanges and wallets

Negative News

Whales Relocate $440,000,000 in Bitcoin and XRP As Market Volatility Returns – Here's Where the Crypto Is Going

Source: The Daily Hodl

Date: Wed, 14 Dec 2022 05:18:44

Crypto whales are moving more than $440 million worth of Bitcoin (BTC) and XRP this week as digital assets continue to fight their way through a bear market. One of the biggest transactions involved an unknown wallet sending 9,250 BTC worth more than $157.

Ripple CTO's NFT Collection with Ugly People Is Out, Here's What's Happening

Source: UToday

Date: Wed, 14 Dec 2022 04:20:00

David Schwartz issues specific NFT collection with ugly creatures on Ethereum

 

SOLANA (SOL)

Current Price: $ 14.35 (24h Changes: 4.08 %)

Current Market Cap: $ 5,264,205,116 (24h Changes: 3.93 %)

Positive News

Can Solana (SOL) Bounce Back? Analyst Looks at Top Ethereum Rival After Bear Market Collapse

Source: The Daily Hodl

Date: Wed, 14 Dec 2022 14:41:36

A popular crypto strategist says that Solana (SOL) has the potential to go on a massive rally and reach a new all-time high.

The 7 Hottest Altcoins to Own for 2023 and Beyond

Source: Investorplace

Date: Wed, 14 Dec 2022 08:48:20

These hottest altcoins could provide better upside potential than top cryptos next year for aggressive investors seeking crypto exposure.

SOL Soars 7% Daily After SBF's Arrest: Here's the Next Target (Solana Price Analysis)

Source: CryptoPotato

Date: Wed, 14 Dec 2022 08:12:12

Since the collapse of FTX, Solana has been moving sideways, consolidating above $12. But now the price action is giving hints that this may change soon, and interestingly, the positivity came a day after SBF was arrested.

Neutral News

Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting

Source: Bitcoin

Date: Wed, 14 Dec 2022 12:00:25

Solana surged to a three-week high ahead of this afternoon's Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high.

$ADA: Hoskinson Explains Why Making Solana a Sidechain of Cardano Is a Great Idea

Source: CryptoGlobe

Date: Wed, 14 Dec 2022 03:20:35

Charles Hoskinson, Co-Founder and CEO at Input Output Global (“IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), recently explained how Solana ($SOL) could become a partner of Cardano ($ADA).

 

AVALANCHE (AVAX)

Current Price: $ 13.71 (24h Changes: 0.77 %)

Current Market Cap: $ 4,260,504,492 (24h Changes: 0.73 %)

Positive News

Down 88% in 2022, Can Avalanche Rebound Next Year?

Source: The Motley Fool

Date: Wed, 14 Dec 2022 05:45:00

This Ethereum challenger is ramping up in areas from decentralized finance (DeFi) to blockchain gaming.

Avalanche, Solana Jump as Crypto Market Claws Back $26 Billion Overnight

Source: Decrypt

Date: Wed, 14 Dec 2022 04:59:56

As the wider crypto market recovered some ground on Tuesday, the Avalanche and Solana tokens are among the day's top gainers.

 

COSMOS (ATOM)

Current Price: $ 9.63 (24h Changes: -0.64 %)

Current Market Cap: $ 2,819,771,135 (24h Changes: -0.71 %)

Positive News

The 7 Hottest Altcoins to Own for 2023 and Beyond

Source: Investorplace

Date: Wed, 14 Dec 2022 08:48:20

These hottest altcoins could provide better upside potential than top cryptos next year for aggressive investors seeking crypto exposure.

 

POLKADOT (DOT)

Current Price: $ 5.21 (24h Changes: -0.73 %)

Current Market Cap: $ 6,162,137,105 (24h Changes: -0.99 %)

Positive News

Polkadot's parachain, ecosystem projects thrive, but when will DOT follow the suit?

Source: AMBCrypto

Date: Wed, 14 Dec 2022 06:30:55

After a cold week, Polkadot [DOT] finally started to show signs of revival as it registered positive growth in the last 24 hours.

Polkadot price analysis: DOT breaks above $5.07 support, as bullish momentum dominates

Source: Cryptopolitan

Date: Wed, 14 Dec 2022 04:30:57

Polkadot price analysis is on the bullish side today. Bulls have taken the price up to $5.30 today, after a continuous decline for the past week, which was expected after hitting the all-time high at $5.45 on 8th December.

Neutral News

Bulls and Bears Wrestle for Control of Polkadot Price

Source: BeInCrypto

Date: Wed, 14 Dec 2022 10:00:00

The Polkadot (DOT) price has generated bullish divergences in multiple time frames. However, one such movement has yet to occur.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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