What Happens To L1 Tokens Today? (17 Oct 2022, Monday)


"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 utilizes machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.

6551fbc28f611b124458c21b2c38c48e420c5a217e644784b3e1863b2d1cbb36.png


Interested in our product? It's available for free here -> Coin Metrics Crypto News Sentiment Analytics

 

BITCOIN (BTC)

Current Price: $ 19,318.99 (24h Changes: 1.2 %)

Current Market Cap: $ 370,814,993,747 (24h Changes: 1.1 %)

Positive News

Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry

Source: Bitcoin

Date: Sun, 16 Oct 2022 15:30:01

Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products.

Michael Saylor Pitches Bitcoin to Ray Dalio

Source: UToday

Date: Sun, 16 Oct 2022 15:13:00

Both moguls recently stepped down from their leadership positions as markets continue to face a high degree of uncertainty

Michael Saylor: Bitcoin Will Hit $68K Again by 2026

Source: LiveBitcoinNews

Date: Sun, 16 Oct 2022 13:00:50

Michael Saylor of MicroStrategy fame is still a major bitcoin believer.

Neutral News

Bitcoin Whale Moves 500 BTC Dormant Since 5+ Years Ago

Source: Bitcoinist

Date: Sun, 16 Oct 2022 13:00:34

On-chain data shows a Bitcoin whale has recently transferred around 500 BTC that had been previously dormant for around 5 to 7 years.

Bear market cycles: Is Bitcoin price lower than 5 years ago, or has it doubled?

Source: CryptoSlate

Date: Sun, 16 Oct 2022 12:01:17

Bitcoin (BTC) prices during the coldest winter in crypto history have been very discouraging for investors. The post Bear market cycles: Is Bitcoin price lower than 5 years ago, or has it doubled?

Bitcoin Price Analysis: 19042 Tested Again - 17 October 2022

Source: Crypto Daily

Date: Sun, 16 Oct 2022 12:00:00

BTC/USD Tests Big 19042 Level:  Sally Ho's Technical Analysis – 17 October 2022   Bitcoin (BTC/USD) remained drawn to technical support early in the Asian session as the pair again tested the 19042.57 area, representing the 50% retracement of the appreciating range from 18131 to 19954.14.  BTC/USD bulls have been unable to push and sustain BTC/USD above the 19257.70 area, representing the 38.2% retracement of the same appreciating range.

Negative News

Bitcoin clings to $19K as trader promises capitulation 'will happen'

Source: Cointelegraph

Date: Sun, 16 Oct 2022 13:28:52

A dull weekend sees BTC price action erase any trace of the week's volatility as commentators wait for excitement to return.

This Bearish Pattern Is Limiting Bitcoin's Price Recovery

Source: Coingape

Date: Sun, 16 Oct 2022 11:59:51

The narrow price spread in Bitcoin at the peak of descending triangle pattern indicates that the coin has entered a no-trading zone. Therefore, the interest traders looking for an entry opportunity should wait for this pattern breakout as it will offer a strong direction rally on the breakout side.

This week in markets: Bitcoin and ether edge lower while altcoins suffer heavy losses

Source: The Block

Date: Sun, 16 Oct 2022 11:39:10

A weekly report on some of the biggest moves in crypto markets, with commentary from industry experts. The post This week in markets: Bitcoin and ether edge lower while altcoins suffer heavy losses appeared first on The Block.

 

ETHEREUM (ETH)

Current Price: $ 1,308.7 (24h Changes: 1.68 %)

Current Market Cap: $ 157,772,868,648 (24h Changes: 1.97 %)

Positive News

Bitcoin And Ethereum Are Gearing Up For A Bullish Rally! Analyst Predicts The Next Price Levels

Source: CoinPedia

Date: Sun, 16 Oct 2022 10:32:22

Amid the crypto winter that got negatively impacted by several macroeconomic factors, like the recently published CPI data, some prominent crypto analysts believe that the crypto market is all set to initiate a small bullish rally in the upcoming weeks.

Solana NFTs Inch Ahead of Ethereum In NFT Market, Bybit x Nansen Report Finds

Source: CryptoNewsFlash

Date: Sun, 16 Oct 2022 07:10:37

When crypto market sentiment sours, investors and other hopefuls will often flock to NFTs.

3 Cryptos That Can Create a New Wave of Millionaires by 2026

Source: Investorplace

Date: Sun, 16 Oct 2022 05:38:31

Here are three top millionaire-making cryptos long-term investors may want to consider, given their potential in this current market.

Neutral News

KYC to stake your ETH? It's probably coming to the US

Source: Cointelegraph

Date: Sun, 16 Oct 2022 14:23:47

It shouldn't surprise anyone if regulators begin telling node validators to impose KYC and AML requirements on users staking Ether.

Ethereum price analysis: ETH fails to break $1,275, another attempt overnight?

Source: Cryptopolitan

Date: Sun, 16 Oct 2022 10:40:41

Ethereum price analysis is bearish today as we have seen a strong decline over the past days, and support was found at $1,275. From there, ETH/USD made a slight reaction higher, likely indicating that another attempt to break even lower will follow.

Ethereum's latest pump-and-dump highlights this about the ETH vs BTC ratio 

Source: AMBCrypto

Date: Sun, 16 Oct 2022 07:30:05

Ethereum's much-anticipated Merge didn't create the expected fireworks across the board in terms of ETH's price action. In fact, Ethereum enthusiasts also discussed the ETH:BTC ratio at length in the past in tandem with “the flippening”.

Negative News

Ethereum Price Extends Its Price Consolidation; When Should Buyers Enter?

Source: Coingape

Date: Sun, 16 Oct 2022 13:06:15

With the overall market witnessing uncertainty, the Ethereum price counts its lateral walk within a narrow range. The altcoin currently trades at the $1284 mark with an 0.72% intraday jump.

This week in markets: Bitcoin and ether edge lower while altcoins suffer heavy losses

Source: The Block

Date: Sun, 16 Oct 2022 11:39:10

A weekly report on some of the biggest moves in crypto markets, with commentary from industry experts. The post This week in markets: Bitcoin and ether edge lower while altcoins suffer heavy losses appeared first on The Block.

Here's Why Ethereum's Price Crashed So Low Since Merge: Details

Source: UToday

Date: Sun, 16 Oct 2022 11:07:00

Ethereum price is at $1,284, down roughly 13% from day of Merge

 

BINANCE (BNB)

Current Price: $ 273.33 (24h Changes: 1.25 %)

Current Market Cap: $ 44,622,247,872 (24h Changes: 1.26 %)

Positive News

3 Cryptos That Can Create a New Wave of Millionaires by 2026

Source: Investorplace

Date: Sun, 16 Oct 2022 05:38:31

Here are three top millionaire-making cryptos long-term investors may want to consider, given their potential in this current market.

Neutral News

Bitcoin, Binance Coin, Uniswap, and Cosmos Daily Price Analyses – 16 October Morning Prediction

Source: Cryptopolitan

Date: Sun, 16 Oct 2022 11:06:30

The performance of the global crypto market has seen a negative trend due to continuing losses. The recent data for Bitcoin, Binance Coin, and others show a continuation of losses.

 

CARDANO (ADA)

Current Price: $ 0.37 (24h Changes: 1.1 %)

Current Market Cap: $ 12,552,525,511 (24h Changes: 1.07 %)

Positive News

Cardano: This development may offer much-needed comfort to ADA traders 

Source: AMBCrypto

Date: Sun, 16 Oct 2022 15:30:30

What can holders or crypto enthusiasts expect from Cardano [ADA] in the coming days? However, a bigger question is could significant updates lead to a much-needed price growth for Cardano's native token?

Cardano founder urges regulatory regime to appreciate the liberty crypto provides to people

Source: Finbold

Date: Sun, 16 Oct 2022 14:34:36

Charles Hoskinson, the co-founder of the decentralized finance (DeFi) platform Cardano (ADA), has delved into the crypto regulation debate sharing his views on how authorities should approach the topic. 

Cardano Ranks Among Top Blockchains in Active Developer Count: Details

Source: UToday

Date: Sun, 16 Oct 2022 09:50:00

Cardano's development activity has been on rise

Neutral News

Cardano price analysis: ADA remains consistent at $0.3658

Source: Cryptopolitan

Date: Sun, 16 Oct 2022 09:55:45

Cardano price analysis shows rising signs as the market shows bearish dynamics. The bears have fully 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.

Why is Cardano Price DOWN? Don't get FOOLED!

Source: CryptoTicker

Date: Sun, 16 Oct 2022 06:33:46

Is Cardano better than Ethereum? And most importantly, why is Cardano price down?

Cardano (ADA) Drops 13% Weekly, Bitcoin Flat at $19K (Weekend Watch)

Source: CryptoPotato

Date: Sun, 16 Oct 2022 04:27:37

While HT is up by almost 80% for the past week, ADA is down by about 13%.

Negative News

Altcoin Crash: Cardano(ADA), Solana(SOL), Fantom(FTM) Might Drop 50% in Coming Week 

Source: CoinPedia

Date: Sun, 16 Oct 2022 04:30:48

The crypto market has had a negative week, with Cardano and Solana faltering due to network news and hacks. US CPI Rates anxiety increased market stress. The total crypto market cap plunged by $30.4 billion to $876.3 billion. On October 16th, Major cryptocurrencies were trading in the red early during early Asian trading hours.

Cardano (ADA) Sheds 15% Of Value In Last 7 Days – When Will The Pain Stop?

Source: NewsBTC

Date: Sun, 16 Oct 2022 01:33:36

Cryptocurrency investors have been keeping a close eye on Cardano lately. One Reddit user noted that the current rate of price change is the slowest since January of 2021.

ADA, DOT, ETH, and SOL Weekly Review – ADA and SOL Lead a Bearish Week

Source: FXEmpire

Date: Sun, 16 Oct 2022 00:58:30

It has been a bearish week for the crypto market, with ADA and SOL struggling on network news and hacks. Fed fear added to the market angst.

 

RIPPLE (XRP)

Current Price: $ 0.48 (24h Changes: -1.08 %)

Current Market Cap: $ 23,924,375,314 (24h Changes: -1.19 %)

Positive News

XRP Reloading for New Spike up Following 13% Plunge

Source: UToday

Date: Sun, 16 Oct 2022 07:10:00

Cryptocurrency could be aiming at new price spike despite most recent correction

Neutral News

SEC v. XRP: Ripple Partner TapJets Defends XRP Utility in New Brief to Court

Source: UToday

Date: Sun, 16 Oct 2022 10:44:00

XRP utility gets big spotlight in new brief of Ripple partner

XRP Price Prediction – Can XRP Hit $10 After Its Court Case Ends

Source: Cryptonews

Date: Sun, 16 Oct 2022 08:26:00

The XRP price prediction remains neutral as investors remain uncertain about the ongoing Ripple vs. SEC battle. Since both Ripple and the SEC have filed requests for summary judgment, it has been widely assumed that they have entered the final stages of their legal battle and that a resolution is just a matter of months away. 

Ripple vs. SEC: Lawyer explains source of ‘confusion' over Hinman's emails

Source: Finbold

Date: Sun, 16 Oct 2022 07:47:18

The ongoing legal case between Ripple (XRP) and the Securities Exchange Commission (SEC) continues to take new twists and turns as both parties await the resolution of the matter. 

Negative News

Ripple CEO on SEC's Lawsuit: ‘My Outrage Has Grown As the Litigation Has Unfolded'

Source: CryptoGlobe

Date: Sun, 16 Oct 2022 12:42:07

On Saturday (October 15), Ripple Labs CEO Brad Garlinghouse expressed how he feels about the U.S. SEC's ongoing lawsuit against his firm. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc.

Ripple CEO Brad Garlinghouse Outraged Over XRP Lawsuit and SEC Litigation

Source: BeInCrypto

Date: Sun, 16 Oct 2022 11:09:48

Ripple CEO Brad Garlinghouse revealed he was outraged with the US Securities and Exchange Commission (SEC) over the regulator's continued lawsuit against the crypto company's XRP. The post Ripple CEO Brad Garlinghouse Outraged Over XRP Lawsuit and SEC Litigation appeared first on BeInCrypto.

Ripple CEO Says His "Outrage Has Grown" Regarding SEC Lawsuit, Here's Why

Source: UToday

Date: Sun, 16 Oct 2022 09:29:00

Ripple CEO voiced his deep disapproval on Twitter

 

SOLANA (SOL)

Current Price: $ 30.33 (24h Changes: 1.78 %)

Current Market Cap: $ 10,860,296,882 (24h Changes: 1.7 %)

Positive News

Top 3 Altcoins Traders Can Bet For Maximum Gains By End Of 2022

Source: CoinPedia

Date: Sun, 16 Oct 2022 08:31:50

The US inflation data shocked everyone in light of the present bear market. The United States published their inflation data for the month of September 2022 on Thursday, October 13 and at 8.2% for the past month, the US CPI was higher than anticipated.

Solana NFTs Inch Ahead of Ethereum In NFT Market, Bybit x Nansen Report Finds

Source: CryptoNewsFlash

Date: Sun, 16 Oct 2022 07:10:37

When crypto market sentiment sours, investors and other hopefuls will often flock to NFTs.

InvestAnswers Host on Why $SOL, $MATIC, and $FTM Are His Top Three Altcoin Picks

Source: CryptoGlobe

Date: Sun, 16 Oct 2022 06:10:31

On Friday (October 14), James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, talked about why he the altcoins he is most bullish on are Solana ($SOL), Polygon ($MATIC), and Fantom ($FTM. Mullarney said: “The only two things that I've purchased this whole year, other than sell stuff, was Bitcoin and Solana.

Neutral News

Solana NFT Platform Magic Eden Moves To An Optional Royalties Method

Source: Blockchain News

Date: Sun, 16 Oct 2022 08:00:00

Solana-based NFT platform Magic Eden announced on Saturday it's opting for an optional royalties method for its users.

Negative News

Altcoin Crash: Cardano(ADA), Solana(SOL), Fantom(FTM) Might Drop 50% in Coming Week 

Source: CoinPedia

Date: Sun, 16 Oct 2022 04:30:48

The crypto market has had a negative week, with Cardano and Solana faltering due to network news and hacks. US CPI Rates anxiety increased market stress. The total crypto market cap plunged by $30.4 billion to $876.3 billion. On October 16th, Major cryptocurrencies were trading in the red early during early Asian trading hours.

ADA, DOT, ETH, and SOL Weekly Review – ADA and SOL Lead a Bearish Week

Source: FXEmpire

Date: Sun, 16 Oct 2022 00:58:30

It has been a bearish week for the crypto market, with ADA and SOL struggling on network news and hacks. Fed fear added to the market angst.

AVALANCHE (AVAX)

Current Price: $ 15.8 (24h Changes: 1.09 %)

Current Market Cap: $ 4,682,562,075 (24h Changes: 1.12 %)

Negative News

Avalanche price analysis: AVAX obtains bearish momentum at $15.60

Source: Cryptopolitan

Date: Sun, 16 Oct 2022 08:23:34

Avalanche price analysis shows that the market is bearish in the short term. The AVAX/USD pair is currently trading at $15.60 and is facing resistance at $15.74, however, a break above this level could see AVAX/USD target the $15.95 resistance.

 

NEAR (NEAR)

Current Price: $ 3.02 (24h Changes: 1.71 %)

Current Market Cap: $ 2,453,592,784 (24h Changes: 1.75 %)

Positive News

NEAR Protocol makes competitors “SWEAT” with this new development

Source: AMBCrypto

Date: Sun, 16 Oct 2022 12:30:44

NEAR protocol managed to witness a massive surge in terms of its number of active users. One of the reasons for this surge could be the Sweat Economy, a move-to-earn application similar to STEPN.

The Best APYs: Oryen Network, Near Protocol, And Ravencoin

Source: CoinPedia

Date: Sun, 16 Oct 2022 00:59:00

When looking for strong returns on your investment and solid passive income yields, the crypto industry can dramatically outpace options available in traditional finance. This is a crucial benefit of crypto and could help introduce more regular investors to the potential of DeFi.

 

COSMOS (ATOM)

Current Price: $ 11.75 (24h Changes: 1.43 %)

Current Market Cap: $ 3,435,347,302 (24h Changes: 1.53 %)

Positive News

Top 7 Web 3.0 Crypto Altcoins With Absurd Potential

Source: Altcoin Buzz

Date: Sun, 16 Oct 2022 02:40:17

Web3 means lots of things to lots of people. Instead of trying to define it, I'm going to talk about 3 main themes in Web 3 that I think are worth watching.

Neutral News

Bitcoin, Binance Coin, Uniswap, and Cosmos Daily Price Analyses – 16 October Morning Prediction

Source: Cryptopolitan

Date: Sun, 16 Oct 2022 11:06:30

The performance of the global crypto market has seen a negative trend due to continuing losses. The recent data for Bitcoin, Binance Coin, and others show a continuation of losses.

 

POLKADOT (DOT)

Current Price: $ 6.22 (24h Changes: 2.3 %)

Current Market Cap: $ 7,225,160,913 (24h Changes: 2.36 %)

Positive News

Crypto Price Today Oct 16: Surprising Winners After Volatility

Source: Coingape

Date: Sun, 16 Oct 2022 09:54:18

Crypto Price Today Oct 16 Latest Updates: The crypto market is struggling due to the downward pressure on crypto prices. Bitcoin prices are extremely sluggish as the market is waiting for further policy guidance from the Fed.

Top 7 Web 3.0 Crypto Altcoins With Absurd Potential

Source: Altcoin Buzz

Date: Sun, 16 Oct 2022 02:40:17

Web3 means lots of things to lots of people. Instead of trying to define it, I'm going to talk about 3 main themes in Web 3 that I think are worth watching.

Negative News

ADA, DOT, ETH, and SOL Weekly Review – ADA and SOL Lead a Bearish Week

Source: FXEmpire

Date: Sun, 16 Oct 2022 00:58:30

It has been a bearish week for the crypto market, with ADA and SOL struggling on network news and hacks. Fed fear added to the market angst.

 

How do you rate this article?

28


quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

"What happens to crypto today?" is a crypto news curator that curates high-quality and insightful crypto news daily for you.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.