What Happens To L1 Tokens Today? (18 Jan 2023, 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.

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BITCOIN (BTC)

Current Price: $ 21,380 (24h Changes: 0.35 %)

Current Market Cap: $ 411,725,774,143 (24h Changes: 0.24 %)

Positive News

Kevin O'Leary Doubles Down on Bitcoin (BTC) Accumulation, Predicts Unregulated Crypto Exchanges ‘Go to Zero'

Source: The Daily Hodl

Date: Tue, 17 Jan 2023 14:41:39

Venture capitalist Kevin O'Leary is doubling down on crypto markets despite being involved with the collapse of FTX, which he was a paid sponsor of. In a new interview with Kitco, O'Leary reveals his current strategy for accumulating Bitcoin (BTC), and gives his outlook on the development of regulation in the crypto industry.

Bitcoin Price Reaches $21,000, Shorts Demolished In Biggest Squeeze Since 2021

Source: Bitcoin Magazine

Date: Tue, 17 Jan 2023 14:36:38

Bulls take charge with massive upward momentum. Key price levels to watch to determine whether this is another bear market rally or a move with lasting power.

Quant Analyst PlanB Says New Bitcoin Bull Market Just Started As Several Indicators Scream Strength

Source: The Daily Hodl

Date: Tue, 17 Jan 2023 14:05:28

Popular quant analyst PlanB says the recent Bitcoin (BTC) rally isn't the bull trap many investors are weary of. PlanB tells his 1.8 million Twitter followers that several benchmark indicators are suggesting that what many believe is a bull trap is in fact the start of a new bull cycle.

Neutral News

Research: A review of bitcoin mining company holdings in 2022

Source: CryptoSlate

Date: Tue, 17 Jan 2023 14:55:51

Glassnode data analyzed by CryptoSlate shows that Marathon, Hut8, and Riot built the top three largest Bitcoin (BTC) pools, while Bit Digital recorded a 134% growth in reserves in nine months. The post Research: A review of bitcoin mining company holdings in 2022 appeared first on CryptoSlate.

Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months

Source: Cointelegraph

Date: Tue, 17 Jan 2023 14:45:00

Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term.

Top 5 Most Expensive Cryptos – Can you Afford any?

Source: CryptoTicker

Date: Tue, 17 Jan 2023 12:55:41

In this article, we go over the top 5 most expensive cryptos (excluding wrapped and staked tokens). Think you can afford to buy one of these?

Negative News

Rising Bitcoin Price Stalled At $21500 Resistance; Has Correction Phase Begun?   

Source: Coingape

Date: Tue, 17 Jan 2023 13:45:07

The higher price rejection candles at the monthly resistance of $21500 indicate the bullish momentum is getting exhausted. This reversal signs in price action and oversold outlook from technical indicator project debate coin price is likely to witness a minor pullback.

Bearish Signal: Bitcoin, Ethereum Profit-Taking Reach 2021 Levels

Source: Bitcoinist

Date: Tue, 17 Jan 2023 12:00:43

Bitcoin (BTC) and Ethereum (ETH) are still rallying since the prices of the digital assets crossed over into pre-FTX crash levels. They continue to see green movements in the market, posting gains at this time, but this may not continue for long.

Bitcoin Price Rally to $21.5K Takes Pause

Source: Blockworks

Date: Tue, 17 Jan 2023 11:54:39

Despite bitcoin's weekly rally above $21,000, muted activity in traditional equities and a predicted slowing of global growth may keep risk-on assets at bay, analysts say.

 

ETHEREUM (ETH)

Current Price: $ 1,590.92 (24h Changes: 0.12 %)

Current Market Cap: $ 191,781,800,299 (24h Changes: -0.11 %)

Positive News

Ethereum price analysis: ETH soars to $1,592 as a bullish trend takes control of the market

Source: Cryptopolitan

Date: Tue, 17 Jan 2023 14:54:26

Ethereum price analysis reveals ETH price action has been bullish in the last 4 hours, surging from around $1,553 to over the $1,592 mark. The recent surge was triggered by a sudden influx of buying pressure which has supported the bulls in this crypto-assets market.

Ethereum Will Soon Have 100 Million Addresses With Non-Zero Balance – What This Milestone Means for ETH Price

Source: Cryptonews

Date: Tue, 17 Jan 2023 14:50:00

The number of Ethereum addresses holding a non-zero balance hit a new record high on Monday of 92.5 million. 2022's bear market, which culminated in the collapse of one of the world's former largest cryptocurrency exchanges in November, does not appear to have impacted growth in the number of non-zero balance addresses.

Ethereum Tops 500,000 Validators as Staking Withdrawal Deadline Approaches

Source: CryptoPotato

Date: Tue, 17 Jan 2023 14:46:46

Over half a million validators are staking their ETH ahead of a crucial upgrade to enable withdrawals. 

Neutral News

Top 5 Most Expensive Cryptos – Can you Afford any?

Source: CryptoTicker

Date: Tue, 17 Jan 2023 12:55:41

In this article, we go over the top 5 most expensive cryptos (excluding wrapped and staked tokens). Think you can afford to buy one of these?

Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Source: Cointelegraph

Date: Tue, 17 Jan 2023 12:18:48

Bitcoin's chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.

Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators

Source: Coindesk

Date: Tue, 17 Jan 2023 10:21:37

Co-led by Pantera and Archetype, the funding round is targeted towards building out decentralized validator technology (DVT) on Ethereum.

Negative News

Massive ETH Dump After Shanghai Upgrade? Here Is What You Need To Know

Source: CoinPedia

Date: Tue, 17 Jan 2023 13:28:45

The world's second largest cryptocurrency, Ethereum has performed exceptionally well since December 2022. Also the bulls are holding up well with the lead altcoin from the time when Ethereum has surpassed the 50 and 100-day moving average. Ethereum had even stepped into short-term consolidation moving towards $1.6K level before making a pull back.

Bearish Signal: Bitcoin, Ethereum Profit-Taking Reach 2021 Levels

Source: Bitcoinist

Date: Tue, 17 Jan 2023 12:00:43

Bitcoin (BTC) and Ethereum (ETH) are still rallying since the prices of the digital assets crossed over into pre-FTX crash levels. They continue to see green movements in the market, posting gains at this time, but this may not continue for long.

ETH Consolidates Below Critical $1.6K Resistance, What's Next? (Ethereum Price Analysis)

Source: CryptoPotato

Date: Tue, 17 Jan 2023 10:06:55

Ethereum's price has printed a substantial increase and finally surpassed the channel's upper boundary. In spite of this, the cryptocurrency is approaching a critical resistance zone, and if a breakout occurs, an impulsive uptrend would become more likely.

 

BINANCE (BNB)

Current Price: $ 303.22 (24h Changes: 0.85 %)

Current Market Cap: $ 49,475,223,127 (24h Changes: 0.78 %)

Positive News

7 Cryptos to Watch as the Blockchain Bounces Back

Source: Investorplace

Date: Tue, 17 Jan 2023 11:30:13

Although cryptos jumped dramatically higher in recent days, investors still need to exercise vigilance as we've seen this play out before.

Binance Completes 22nd Quarterly BNB Burn With 2.06M BNB Destroyed 

Source: BlockchainReporter

Date: Tue, 17 Jan 2023 10:21:59

Following its usual quarterly burn, the Binance (BNB) Chain has successfully eliminated another $620 million worth of BNB from the market.

7 Cryptos That Will Make You Rich in 10 Years

Source: Investorplace

Date: Tue, 17 Jan 2023 06:00:28

Invest in these robust and safe cryptos that will make you rich in 10 years and beyond

Neutral News

Binance Just Burned Nearly 600 Million USD BNB

Source: Coincu

Date: Tue, 17 Jan 2023 14:01:08

Key Points: Binance has just finished burning nearly 600 million USD of BNB – the plan to burn BNB takes place in accordance with Binance's commitment. Binance the 22nd BNB burn has been completed by BNB Chain, and this is the first quarterly BNB burn of 2023.

Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Source: Cointelegraph

Date: Tue, 17 Jan 2023 12:18:48

Bitcoin's chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.

Binance Completes 22nd Token Burn, Removes $620 Million Worth Of BNB From Circulation

Source: CoinPedia

Date: Tue, 17 Jan 2023 11:05:57

In a recent tweet, Binance announced that it has completed its 22nd BNB burn and first quarterly burn of 2023.

 

CARDANO (ADA)

Current Price: $ 0.35 (24h Changes: -0.2 %)

Current Market Cap: $ 12,375,416,862 (24h Changes: -0.19 %)

Positive News

Cardano price analysis: ADA hovers near all-time high, will the bulls break the record?

Source: Cryptopolitan

Date: Tue, 17 Jan 2023 13:31:16

Cardano price analysis is bullish today as the ADA/USD pair is trading above $0.3516. The pair has broken out of the range-bound pattern it was trading in for the past few days and is now pushing higher to reach new highs.

7 Cryptos to Watch as the Blockchain Bounces Back

Source: Investorplace

Date: Tue, 17 Jan 2023 11:30:13

Although cryptos jumped dramatically higher in recent days, investors still need to exercise vigilance as we've seen this play out before.

Cardano [ADA] on the verge of more utility with this latest development: Decoding

Source: AMBCrypto

Date: Tue, 17 Jan 2023 10:30:45

Cardano [ADA] has gotten back into its groove, which bodes well for its ongoing efforts to recover and return to profitability. The next ADA utility may have already been hinted at by one of its developers as CIP-30 prepares to ship.

Neutral News

Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Source: Cointelegraph

Date: Tue, 17 Jan 2023 12:18:48

Bitcoin's chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.

Cardano-Based DEX Shares Result from Leveraging Vasil's Plutus V2: Details

Source: UToday

Date: Tue, 17 Jan 2023 07:09:00

This would mark first time Cardano DEX leveraged improvements from Plutus V2

A Cardano FAQ ($ADA) Guide: Things You Might Have Wanted to Know But Were Too Shy To Ask

Source: CryptoGlobe

Date: Tue, 17 Jan 2023 06:25:35

This is version one of a beginner's guide to Cardano ($ADA) that consists of roughly 80 questions and answers about the Cardnao blockchain and the $ADA cryptocurrency. What is Cardano? Cardano is a blockchain platform and cryptocurrency that is the result of a scientific philosophy and research-first approach.

 

RIPPLE (XRP)

Current Price: $ 0.39 (24h Changes: 0.47 %)

Current Market Cap: $ 19,995,740,221 (24h Changes: 0.41 %)

Positive News

Solana Foundation, Ripple, And GBBC Collaborate To Support Crypto Climate Change Solutions

Source: Coincu

Date: Tue, 17 Jan 2023 14:22:32

Key Points: The Solana Foundation and the blockchain platform Ripple announced on January 17 that they are collaborating with the industry body Global Blockchain Business Council (GBBC) to advance the deployment of encryption-based solutions to tackle climate change. Solana Foundation, Ripple, and GBBC have formed partnership to support crypto climate change solutions.

Whales Move Billions Of XRP Following Price Spike

Source: NewsBTC

Date: Tue, 17 Jan 2023 11:00:14

The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even the global crypto market cap is up by 0.11%, reflecting the rate at which most tokens are rallying over the past few days.

Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto Solutions for Climate Change

Source: Coindesk

Date: Tue, 17 Jan 2023 10:30:00

Climate solutions \"makes the most sense\" for real-world applications of blockchain, a co-founder of the initiative told CoinDesk.

Neutral News

Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Source: Cointelegraph

Date: Tue, 17 Jan 2023 12:18:48

Bitcoin's chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.

Machine learning algorithm sets XRP price for February 1, 2023

Source: Finbold

Date: Tue, 17 Jan 2023 11:08:34

As the end of the widely-publicized lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple Labs approaches, investors are hoping that a favorable ruling in the case against the financial regulator will have a significant bullish impact on the price of XRP in the short term.

XRP Eyes $0.4 After 10% Weekly Surge, but is a Drop Imminent? (Ripple Price Analysis)

Source: CryptoPotato

Date: Tue, 17 Jan 2023 09:51:34

After four straight weeks of price fluctuation with extremely low volatility, XRP finally initiated a rally and broke above the 50-day moving average. However, the uptrend came to a halt after reaching the 100-day moving average, and the price is now attempting to surpass it.

Negative News

XRP Investors File Class Action Lawsuit Against Coinbase: Here's Why

Source: Bitcoinist

Date: Tue, 17 Jan 2023 07:30:41

Apart from the court battle between Ripple and the US Securities and Exchange Commission, the airdrop of the Flare Network Token (FLR) has caused quite a stir in the XRP community in recent weeks.

XRP Lawsuit: Why SEC's Winning Chances Against Ripple Are Doomed?

Source: Coingape

Date: Tue, 17 Jan 2023 06:27:43

XRP Lawsuit News: The U.S. Securities and Exchange Commission (SEC) have tried to stand its ground by presenting different assertion against Ripple and the defendants in the XRP lawsuit. However, the claims around the Common enterprises have become a real problem for the SEC in this case.

Ripple Is In A Bearish Double Top And Can Fall To $0.34

Source: Coin Idol

Date: Tue, 17 Jan 2023 06:26:00

The price of Ripple (XRP) has risen to a high of $0.40, still within the bullish trend zone.

 

SOLANA (SOL)

Current Price: $ 23.58 (24h Changes: -0.15 %)

Current Market Cap: $ 8,737,791,547 (24h Changes: -0.53 %)

Positive News

Solana soars 43% against Bitcoin so far in 2023

Source: CryptoSlate

Date: Tue, 17 Jan 2023 14:25:49

The L1 Native Token Returns vs. The post Solana soars 43% against Bitcoin so far in 2023 appeared first on CryptoSlate.

Solana Foundation, Ripple, And GBBC Collaborate To Support Crypto Climate Change Solutions

Source: Coincu

Date: Tue, 17 Jan 2023 14:22:32

Key Points: The Solana Foundation and the blockchain platform Ripple announced on January 17 that they are collaborating with the industry body Global Blockchain Business Council (GBBC) to advance the deployment of encryption-based solutions to tackle climate change. Solana Foundation, Ripple, and GBBC have formed partnership to support crypto climate change solutions.

Solana (SOL) Continues To Shine With 43% Gains In Last Week

Source: NewsBTC

Date: Tue, 17 Jan 2023 13:00:47

Solana is enjoying a positive start to 2023 after spending most of 2022 in decline due to the crypto winter. Also, SOL's exposure to FTX caused its price to decline rapidly following the FTX saga in November 2022.

 

AVALANCHE (AVAX)

Current Price: $ 17.64 (24h Changes: 5.34 %)

Current Market Cap: $ 5,506,054,758 (24h Changes: 4.89 %)

Positive News

Avalanche price analysis: Bulls remain in control as AVAX strives to break above $16.87

Source: Cryptopolitan

Date: Tue, 17 Jan 2023 13:07:19

Avalanche price analysis shows that the cryptocurrency is going strong with a bullish momentum with the potential of hitting the $17.30 mark in the near future. The support level for AVAX/USD is at $16.22, and breaking below this level could increase market volatility.

This Crypto Just Partnered With Amazon. Time to Buy?

Source: The Motley Fool

Date: Tue, 17 Jan 2023 09:10:00

Avalanche's new partnership with Amazon Web Services could provide a strong catalyst for future long-term growth.

Dogecoin, Polkadot and Avalanche: crypto price analysis

Source: The Cryptonomist

Date: Tue, 17 Jan 2023 07:20:47

Among the most prominent coins in terms of results and outlook according to analysts are DOGE, DOT and AVAX

Neutral News

Could Avalanche [AVAX] witness a drop this week? These metrics suggest...

Source: AMBCrypto

Date: Tue, 17 Jan 2023 11:30:55

Avalanche [AVAX] recently uploaded its weekly report highlighting the most notable stats for the last seven days. AVAX's TVL went up by over 4% during the last week and reached $842.7 million.

Avalanche (AVAX) is Partnering with Amazon – What It Means For Snowfall Protocol (SNW)

Source: Dailycoin

Date: Tue, 17 Jan 2023 08:00:06

As part of Amazon's renewed push for the adoption of blockchains by enterprises, institutions, and governments across the world, they will be partnering with the company behind Avalanche.

Can Avalanche Price hit $100 in 2023?

Source: CryptoTicker

Date: Tue, 17 Jan 2023 00:49:09

What is the AVAX price prediction in the first quarter of 2023? Can Avalanche price hit $100 in 2023?

 

POLKADOT (DOT)

Current Price: $ 6.11 (24h Changes: 4.15 %)

Current Market Cap: $ 7,271,150,121 (24h Changes: 4.02 %)

Positive News

Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines

Source: Bitcoin

Date: Tue, 17 Jan 2023 12:00:30

Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today's session, snapping a two-day losing streak.

Dogecoin, Polkadot and Avalanche: crypto price analysis

Source: The Cryptonomist

Date: Tue, 17 Jan 2023 07:20:47

Among the most prominent coins in terms of results and outlook according to analysts are DOGE, DOT and AVAX

7 Cryptos That Will Make You Rich in 10 Years

Source: Investorplace

Date: Tue, 17 Jan 2023 06:00:28

Invest in these robust and safe cryptos that will make you rich in 10 years and beyond

Neutral News

Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

Source: Cointelegraph

Date: Tue, 17 Jan 2023 12:18:48

Bitcoin's chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.

Polkadot development surges, but revenue decline concerns investors, as

Source: AMBCrypto

Date: Tue, 17 Jan 2023 07:30:28

Polkadot [DOT]‘s development activity soared over the past few months, Token Terminal reported on 16 January. This spike in activity could be attributed to the growing number of projects and developments within the Polkadot ecosystem.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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