What Happens To L1 Tokens Today? (16 Sep 2022, Friday)


 

"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: $ 19,811.53 (24h Changes: -0.82 %)

Current Market Cap: $ 379,557,036,653 (24h Changes: -0.66 %)

Positive News

Central Bank of Bahrain plans to test Bitcoin payments through OpenNode

Source: Inside Bitcoins

Date: Thu, 15 Sep 2022 15:30:34

The Central Bank of Bahrain plans to test a Bitcoin payment processing and payout solution. The solution will be launched in partnership with OpenNode.

Popular Crypto Analyst Spots Bitcoin (BTC) Opportunity, Says Bullish Effects of Ethereum (ETH) Merge Need Time

Source: The Daily Hodl

Date: Thu, 15 Sep 2022 15:00:06

A widely followed crypto guru says Bitcoin (BTC) investors can never be sure about market bottoms, though they can read the signs. Pseudonymous crypto trader Rekt Capital encourages his 328,500 Twitter followers to trust their instincts and data on BTC.  BTC investors, we will never have enough data to trust where the absolute bottom will be.

BigCommerce Launches Bitcoin Payments For 60,000 Merchants

Source: Bitcoin Magazine

Date: Thu, 15 Sep 2022 13:13:09

The company partnered with BitPay and CoinPayments creating one-click integrations for merchants to accept bitcoin and cryptocurrency payments.

Neutral News

One Year of Bitcoin in El Salvador: The Bad, The Good and The Ugly

Source: Coindesk

Date: Thu, 15 Sep 2022 15:38:27

Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele's bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs.

Bitcoin Is a 'Tumor,' Says 'Black Swan' Author Nassim Taleb

Source: Decrypt

Date: Thu, 15 Sep 2022 15:35:32

Taleb suggests Bitcoin could go to $1,000 or to zero if markets worsened.

Bitcoin Mining Difficulty Nears All-Time High; US Treasury Blacklists More BTC Addresses

Source: Coindesk

Date: Thu, 15 Sep 2022 14:00:31

Bitcoin's (BTC) mining difficulty has crossed an all-time high with its latest jump, the second in two weeks. The U.S. Department of the Treasury added nine individuals and six bitcoin addresses to its blacklist Wednesday.

Negative News

Bitcoin slips below $20,000, ether teeters on the edge of $1,500 after The Merge

Source: The Block

Date: Thu, 15 Sep 2022 15:57:08

Markets sank post-Merge on Thursday as bitcoin ducked below $20,000 and ether flirted with levels around $1,500 throughout the day. The post Bitcoin slips below $20,000, ether teeters on the edge of $1,500 after The Merge appeared first on The Block.

Bitcoin Bearish Signal: Miners Continue Transfers To Exchanges

Source: NewsBTC

Date: Thu, 15 Sep 2022 15:00:11

On-chain data shows miners have sent a large amount of Bitcoin to spot exchanges recently, something that can be bearish for the value of the crypto. Bitcoin Miners To Spot Exchanges Flow Has Surged Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, the latest spike in the miner exchange deposits is larger than any other recent peaks.

U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

Source: The Daily Hodl

Date: Thu, 15 Sep 2022 14:41:58

The U.S Treasury Department's Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by adding associated persons and their properties to the Specially Designated Nationals and Blocked Persons List (SDN).

 

ETHEREUM (ETH)

Current Price: $ 1,504.93 (24h Changes: -5.89 %)

Current Market Cap: $ 181,436,825,633 (24h Changes: -5.78 %)

Positive News

"I'm in Awe": Mike Novogratz Reacts to Ethereum's Merge Upgrade

Source: UToday

Date: Thu, 15 Sep 2022 15:10:00

Galaxy Digital CEO Mike Novogratz didn't hide his excitement about the successful implementation of the Merge upgrade

The Merge Goes Live, And A New Era For Ethereum Begins, Here's The Whole Bushel

Source: Zycrypto

Date: Thu, 15 Sep 2022 14:21:01

Ethereum's developers can breathe a sigh of relief after the widely-anticipated Merge event occurred, ushering in an era of energy efficiency and innovative scaling solutions.

ING Head Economist Comments on the MERGE: Removes Important Obstacle for Regulators

Source: CrowdFundInsider

Date: Thu, 15 Sep 2022 13:40:06

With a huge sigh of relief, Ethereum supporters have declared the success of the MERGE. Ethereum has moved away from Proof of Work (POW) to Proof of Stake (PoS), thus improving the entire ecosystem.

Neutral News

WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

Source: NewsBTC

Date: Thu, 15 Sep 2022 15:50:57

In this episode of NewsBTC's daily technical analysis videos, we examine the price action in Ethereum following the Merge upgrade in both the ETHUSD and ETHBTC trading pairs. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD): September 15, 2022 Overnight last night, the Ethereum Merge upgrade occurred.

Understanding the Game Theory Behind Ethereum

Source: Bitcoin Market Journal

Date: Thu, 15 Sep 2022 14:29:09

Game theory is one of the most essential parts of cryptoeconomics, but few people know about it. Read on to find out what game theory is and how it is applied to blockchains. The post Understanding the Game Theory Behind Ethereum appeared first on Bitcoin Market Journal.

ETF Vs ETHW: Battle For Top Ethereum Proof Of Work Hard Fork Token

Source: Coingape

Date: Thu, 15 Sep 2022 13:56:44

The battle for pole position in Ethereum's proof of work based hard forked token is underway post The Merge. Within few hours after the successful completion of the Merge, it appears that two separate tokens are vying for support.

Negative News

Bitcoin slips below $20,000, ether teeters on the edge of $1,500 after The Merge

Source: The Block

Date: Thu, 15 Sep 2022 15:57:08

Markets sank post-Merge on Thursday as bitcoin ducked below $20,000 and ether flirted with levels around $1,500 throughout the day. The post Bitcoin slips below $20,000, ether teeters on the edge of $1,500 after The Merge appeared first on The Block.

Ether plunges after The Merge as hedge funds bet against bitcoin competitor: CNBC Crypto World

Source: CNBC Television

Date: Thu, 15 Sep 2022 15:03:00

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show OKcoin's COO Jason Lau discusses the markets reaction to The Merge and the trend of hedge funds shorting ether.

Ether tumbles 9% following the completion of Ethereum's highly anticipated 'Merge' to energy-saving proof-of-stake system

Source: Business Insider

Date: Thu, 15 Sep 2022 14:12:00

Prior to the merge, about 13,000 new ether were mined each day. Now, staking rewards will be just 1,600 ether per day.

 

BINANCE (BNB)

Current Price: $ 272.14 (24h Changes: -2.19 %)

Current Market Cap: $ 44,417,362,588 (24h Changes: -2.06 %)

Positive News

Web 3.0 Platform LiveArt Brings World-Leading Arts and Culture to BNB Chain

Source: The Daily Hodl

Date: Thu, 15 Sep 2022 12:53:04

September 15, 2022, New York, United States LiveArt, the Web 3.0 platform transforming the art market, is bringing its industry-leading tools for creators, collectors, communities and brands to the BNB Smart Chain.

Web3 Platform LiveArt Brings World-leading Arts and Culture to BNB Chain

Source: Crypto Daily

Date: Thu, 15 Sep 2022 10:27:57

New York, United States, 15th September, 2022, Chainwire LiveArt, the web3 platform transforming the art market, is bringing its industry-leading tools for creators, collectors, communities, and brands to the BNB Smart Chain. The major new initiative was announced today by LiveArt Co-founder and CEO Boris Pevzner at Binance Blockchain Week in Paris and extends a range of LiveArt's web3 products and features to the BNB Smart Chain.

ETH Killers ADA, SOL, and BNB React to the Merge, While ETC Hashrate Skyrockets

Source: BeInCrypto

Date: Thu, 15 Sep 2022 08:30:00

Solana (SOL) initiated a small upward movement after the Ethereum (ETH) merge. While Cardano (ADA) is lagging behind, Binance Coin (BNB) might have begun a bullish trend reversal.

Neutral News

New partnership between BNB Chain and Google Cloud for Web3

Source: The Cryptonomist

Date: Thu, 15 Sep 2022 06:45:15

BNB Chain currently would already have more than 1,300 decentralized applications (dApps) active in its ecosystem

Top 7 Altcoins Set to EXPLODE Post Ethereum Merge

Source: Altcoin Buzz

Date: Thu, 15 Sep 2022 03:39:03

The Merge is a reality now, and everyone is asking the same 2 questions. Will ETH pump or dump?

Negative News

Binance Coin Struggles Below $290 Resistance, Where Would Price Go?

Source: NewsBTC

Date: Thu, 15 Sep 2022 11:17:39

Binance Coin (BNB) struggles to hold support after flipping it into resistance against tether (USDT) as a bullish structure hits a rock. Despite showing a great bullish structure in recent weeks, the price of Binance Coin (BNB) has had a really quiet time as the market continues in a mist of mixed feelings regarding where the crypto market is headed.

Binance Coin Faces Rejection at $280 and Targets Low of $245

Source: Coin Idol

Date: Thu, 15 Sep 2022 06:56:00

The price of Binance Coin (BNB) is in a downtrend as the price breaks below the moving average lines.

 

CARDANO (ADA)

Current Price: $ 0.47 (24h Changes: -2.6 %)

Current Market Cap: $ 15,899,046,323 (24h Changes: -2.1 %)

Positive News

Ethereum (ETH) Competitor Cardano (ADA) Reaches 50,000,000 Transaction Milestone With Upgrade Looming

Source: The Daily Hodl

Date: Thu, 15 Sep 2022 14:05:43

Ethereum (ETH) challenger Cardano (ADA) has set a new milestone for transactions as its highly anticipated Vasil hard fork upgrade nears. According to Cardano blockchain explorer Cardanoscan, the smart contract platform recently surpassed 50,000,000 total transactions. Data from Cardanoscan also reveals that about 920,000 of those transactions occurred during the last 15 days.

ETH Killers ADA, SOL, and BNB React to the Merge, While ETC Hashrate Skyrockets

Source: BeInCrypto

Date: Thu, 15 Sep 2022 08:30:00

Solana (SOL) initiated a small upward movement after the Ethereum (ETH) merge. While Cardano (ADA) is lagging behind, Binance Coin (BNB) might have begun a bullish trend reversal.

New White House Report on Climate Change Could Be Bullish for These 2 Cryptos

Source: The Motley Fool

Date: Thu, 15 Sep 2022 05:45:00

Global climate change policy could influence the way institutional investors view cryptos such as Cardano and Solana.

Neutral News

Dear ADA Crypto Fans, Mark Your Calendars for Sept. 22

Source: Investorplace

Date: Thu, 15 Sep 2022 14:12:35

Today, interest around Cardano and the ADA crypto is growing, as investors continue to digest a successful Ethereum Merge last night.

Cardano's Charles Hoskinson Hits Back at Jack Dorsey Over PoS Debate

Source: CryptoPotato

Date: Thu, 15 Sep 2022 13:23:39

Sullivan's blog post criticizing PoS is a month old, but Dorsey's timing couldn't have been better.

Cardano Price Predictions: Where Will the ADA Crypto Go Next?

Source: Investorplace

Date: Thu, 15 Sep 2022 12:23:11

Cardano (ADA) price predictions are worth checking out Thursday after the crypto's creators revealed the date for its hard fork.

Negative News

Ethereum Merger Fails To Produce Impressive Results, Will The ADA Vasil Hardfork Meet The Same Fate?

Source: CoinPedia

Date: Thu, 15 Sep 2022 12:49:43

September has been historically bearish and its strength was proved yet again as, despite the immense positive sentiments around the Ethereum Merger, the ETH price failed to surge and impact the crypto price. The ETH price underwent a short-term bounce which was followed by a drop below $1600 again.

Cardano price analysis: Bearish spell devalues ADA to $0.469

Source: Cryptopolitan

Date: Thu, 15 Sep 2022 09:49:06

The Cardano price analysis reveals the cryptocurrency is continuing the downslide again after a single day of recovery. Cardano was covering a range downward since 11 September 2022 but got support at $0.462 yesterday, and the price recovered a bit.

 

RIPPLE (XRP)

Current Price: $ 0.33 (24h Changes: -2.98 %)

Current Market Cap: $ 16,463,812,130 (24h Changes: -3.06 %)

Positive News

SEC vs. Ripple: This leading trade organization may alter the lawsuit for good

Source: AMBCrypto

Date: Thu, 15 Sep 2022 09:30:15

Ripple [XRP], since entangled with the SEC, barely managed to receive any support in the form of cryptocurrency-related projects. Although, post the grant of the Amicus Curiae status to XRP holders represented by attorney John Deaton, narratives might have taken a turn.

Ripple v. SEC: Powerful Third Party Enters Case to Explain to SEC What It's Wrong About

Source: UToday

Date: Thu, 15 Sep 2022 06:28:00

Chamber of Digital Commerce enters case to engage court on behalf of crypto industry

Neutral News

Ripple Price Prediction,  How High will XRP reach in 2050?

Source: CryptoTicker

Date: Thu, 15 Sep 2022 09:55:49

Now that things are starting to get resolved for Ripple, the main question comes back to mind: how high can XRP reach by 2050?

A lobbying group for cryptocurrencies wants to comment on the SEC vs. Ripple XRP case

Source: Bitcoinworld

Date: Thu, 15 Sep 2022 04:41:43

The Securities and Exchange Commission and Ripple Labs are battling each other, and the cryptocurrency advocacy group Chamber of Digital Commerce (CDC) has asked to join the case as an amicus curiae (Latin meaning friend of the court). On Wednesday, CDC submitted a number of documents to the Southern District of New York's district court,

XRP Price Direction and a Return to $0.35 Hinged on the Merge

Source: FXEmpire

Date: Thu, 15 Sep 2022 02:30:45

Following Wednesday's bullish session, anxiety ahead of the imminent Ethereum Merge tested buyer demand for XRP. Expect the Merge to be the key.

Negative News

Third Party Enters Ripple vs SEC Lawsuit! How long Will The Saga Continue?

Source: CoinPedia

Date: Thu, 15 Sep 2022 12:53:42

The Ripple vs SEC dispute began in December 2020 and is continuing to date, with no hopes of a resolution anytime soon. Recently, both the US Securities and Exchange Commission and Ripple defendants filed joint proposals in regard to the XRP lawsuit's summary judgment.

Ripple vs. SEC: New Lawsuit Filings Will Impact Crypto Space for Years To Come, Says Legal Expert

Source: The Daily Hodl

Date: Thu, 15 Sep 2022 07:45:24

A legal expert who is closely following the U.S. Securities and Exchange Commission's (SEC) crypto case against Ripple says the outcome of the lawsuit could impact the entire space for years to come. Attorney Jeremy Hogan, an XRP proponent, tells his 226,500 Twitter followers that it's a 'huge week' in crypto law for two reasons.

 

SOLANA (SOL)

Current Price: $ 33.61 (24h Changes: 0.71 %)

Current Market Cap: $ 11,911,270,956 (24h Changes: 0.59 %)

Positive News

ETH Killers ADA, SOL, and BNB React to the Merge, While ETC Hashrate Skyrockets

Source: BeInCrypto

Date: Thu, 15 Sep 2022 08:30:00

Solana (SOL) initiated a small upward movement after the Ethereum (ETH) merge. While Cardano (ADA) is lagging behind, Binance Coin (BNB) might have begun a bullish trend reversal.

Solana (SOL) Is on Fire: This Is What Happened

Source: Dailycoin

Date: Thu, 15 Sep 2022 07:59:07

Solana (SOL) price peaks.

New White House Report on Climate Change Could Be Bullish for These 2 Cryptos

Source: The Motley Fool

Date: Thu, 15 Sep 2022 05:45:00

Global climate change policy could influence the way institutional investors view cryptos such as Cardano and Solana.

Neutral News

Solana sees integrations with multiple wallets; what could be in store next?

Source: AMBCrypto

Date: Thu, 15 Sep 2022 06:30:33

Solana [SOL] launched integrations with both xdefi wallet and trust wallet, thus attracting a large number of the user base.

Top 7 Altcoins Set to EXPLODE Post Ethereum Merge

Source: Altcoin Buzz

Date: Thu, 15 Sep 2022 03:39:03

The Merge is a reality now, and everyone is asking the same 2 questions. Will ETH pump or dump?

Negative News

As SOL Struggles to Hold Up $35, Charts Suggest Another Major Drop Below Support

Source: Zycrypto

Date: Thu, 15 Sep 2022 11:09:49

SOL is currently not performing quite well, which is an expectation considering the lingering bear market. The asset has struggled to keep its head above the $35 zone, hanging on by a thread.

 

AVALANCHE (AVAX)

Current Price: $ 18.49 (24h Changes: -2.44 %)

Current Market Cap: $ 5,473,513,142 (24h Changes: -2.32 %)

Neutral News

AVAX Price Targeting $17 Support Level, TAMA Presale Hits $16 Million

Source: Inside Bitcoins

Date: Thu, 15 Sep 2022 06:54:34

AVAX under sellers' control Avalanche (AVAXUSD) Price Analysis as of September 15. 

Negative News

Avalanche Tests Multi-month Support Near $18.50; More Downside In Offer?

Source: Coingape

Date: Thu, 15 Sep 2022 13:30:29

Avalanche price remains negatively biased today. The price tested the multi-month lows around $18.50 following a broader crypto market meltdown.

AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data

Source: NewsBTC

Date: Thu, 15 Sep 2022 12:55:55

AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern. AVAX intraday trading volume indicates a 38.7% plunge Avalanche sellers successfully reclaimes the 20-day EMA slope Trading volume skyrockets to 487 million Now, the pattern which can be spotted at the market bottom will serve as a feasible launchpad for the crypto's recovery but in order to complete the pattern, the coin price should barrel past the $30.6 key resistance.

 

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.


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