What Happens To L1 Tokens Today? (18 Oct 2022, Tuesday)

What Happens To L1 Tokens Today? (18 Oct 2022, Tuesday)


"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: $ 19,515.54 (24h Changes: 0.98 %)

Current Market Cap: $ 374,432,364,181 (24h Changes: 1.02 %)

Positive News

A Bullish Week In Bitcoin On The Way? BTCUSD Analysis October 17, 2022

Source: NewsBTC

Date: Mon, 17 Oct 2022 15:15:13

In this episode of NewsBTC's daily technical analysis videos, we are looking at the best chance Bitcoin and the rest of crypto has had for a bullish week in a long time. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 17, 2022 There continues to be not much movement in crypto, with Bitcoin trading at around $19,500 currently.

Why These Bitcoin Long-Term Metrics Show Possible Bear Market Turnaround

Source: NewsBTC

Date: Mon, 17 Oct 2022 14:37:51

Bitcoin has been moving sideways for the better part of a week after rebounding from a monthly low at around $17,900. The number one cryptocurrency hinted at a potential breakout, but once again the bulls are losing momentum leaving BTC's price stuck at its current levels.

3 Reasons Why Bitcoin (BTC) Bottom Is Close To Current Range

Source: Coingape

Date: Mon, 17 Oct 2022 14:31:04

In the wake of some stability in Bitcoin (BTC) market, speculation is that Bitcoin bottom is close for various reasons. The last one week has been relatively calm for the top cryptocurrency which traded below the $19,500 for major part.

Neutral News

Currently Bitcoin Is Similar To That Of 2018 Price Movement, Here Is Why

Source: CoinPedia

Date: Mon, 17 Oct 2022 15:02:38

Last week the world's first cryptocurrency, Bitcoin, was too close to losing $18,000 area due to an increased inflation data. However, the lead cryptocurrency has managed to open the week on a positive note. However, the global crypto market cap is still under $1 trillion.

Crypto Surges: Is Now the Time to Buy Bitcoin, Ethereum, and Cronos?

Source: The Motley Fool

Date: Mon, 17 Oct 2022 14:42:16

Could bearish near-term catalysts portend well for the medium-term?

Bitcoin miner Marathon Digital Holdings reaches settlement with former CEO

Source: The Block

Date: Mon, 17 Oct 2022 14:37:09

Bitcoin mining company Marathon Digital Holdings reached a $24 million settlement with its former CEO and chairman. The post Bitcoin miner Marathon Digital Holdings reaches settlement with former CEO appeared first on The Block.

Negative News

Bitcoin City: Is El Salvador's Crypto Dream Crashing Down With The Market

Source: Benzinga

Date: Mon, 17 Oct 2022 15:21:21

By Tereza Bízková On January 1, Nayib Bukele, the president of El Salvador, shared his predictions on Bitcoin (CRYPTO: BTC) for the year. Will reach $100k, Bitcoin City will commence construction, and Volcano bonds will be oversubscribed were some of the points shared in his viral tweet.

Australia's ASIC clamps down on three BTC, ETH, FIL-centric funds

Source: AMBCrypto

Date: Mon, 17 Oct 2022 15:00:38

Due to non-compliant target market determinations, Australia's primary financial market regulator has issued temporary stop orders on three cryptocurrency-related funds that were going to be made available to retail investors (TMDs).

WisdomTree Exec 'Not Surprised' by SEC's Spot Bitcoin ETF Rejection

Source: Coindesk

Date: Mon, 17 Oct 2022 15:00:20

The U.S. Securities and Exchange Commission (SEC) rejected WisdomTree's application for a spot bitcoin ETF this week. WisdomTree Head of Digital Assets Will Peck discusses why he's "not surprised" by the SEC's decision and the outlook for ETFs.

 

ETHEREUM (ETH)

Current Price: $ 1,326.0 (24h Changes: 1.21 %)

Current Market Cap: $ 159,674,573,437 (24h Changes: 1.32 %)

Positive News

On-chain metrics show peak Ethereum network performance post-Merge

Source: CryptoSlate

Date: Mon, 17 Oct 2022 15:50:39

The Ethereum Merge was completed on September 15, marking the network's transition to a Proof-of-Stake (PoS) chain and a significant milestone on the road to ETH 2, AKA “Consensus Layer.” A month on, what do on-chain metrics suggest regarding ETH's network performance post-Merge?

Ripple's XRP Ledger Is Getting a Sidechain That's Compatible With Ethereum

Source: Decrypt

Date: Mon, 17 Oct 2022 15:36:12

RippleX developers are currently testing an Ethereum-compatible sidechain and a bridge that will connect it to the XRP Ledger's mainnet.

Ripple ($XRP) Achieves Huge Milestone With Deployment of Ethereum-based Smart Contracts for XRPL Sidechain

Source: EWN

Date: Mon, 17 Oct 2022 15:14:06

Ripple has started testing an EVM compatible sidechain that can bring Ethereum based smart contracts to the XRP Ledger.

Neutral News

Crypto Surges: Is Now the Time to Buy Bitcoin, Ethereum, and Cronos?

Source: The Motley Fool

Date: Mon, 17 Oct 2022 14:42:16

Could bearish near-term catalysts portend well for the medium-term?

Ethereum may finally have some good news for investors, however ETH may not

Source: AMBCrypto

Date: Mon, 17 Oct 2022 13:30:43

Ethereum [ETH], which was the second-largest proof-of-work network, switched to proof of stake due to the Ethereum merge. This led to ETH 2.0, a proof-of-stake network, where stakers took the place of miners to validate network transactions.

Analysis of Bitcoin (BTC) and Ethereum (ETH)

Source: The Cryptonomist

Date: Mon, 17 Oct 2022 11:04:52

Positive sign prevails at the opening of the new central week of October

Negative News

Flashbots' Hasu: no neutral relay ‘a failure' amid Ethereum censorship debate

Source: The Block

Date: Mon, 17 Oct 2022 15:43:30

Flashbots Strategy Lead calls out an ecosystem heavily reliant on the validation service amid ongoing Ethereum censorship debate. The post Flashbots' Hasu: no neutral relay ‘a failure' amid Ethereum censorship debate appeared first on The Block.

Australia's ASIC clamps down on three BTC, ETH, FIL-centric funds

Source: AMBCrypto

Date: Mon, 17 Oct 2022 15:00:38

Due to non-compliant target market determinations, Australia's primary financial market regulator has issued temporary stop orders on three cryptocurrency-related funds that were going to be made available to retail investors (TMDs).

Ethereum (ETH) Price Up, But Why Bulls Still Can't Rejoice

Source: BeInCrypto

Date: Mon, 17 Oct 2022 10:00:00

Ethereum (ETH) price is noting a minor uptick on the daily chart, but technical data paints a shaky picture of the coin's short-term trajectory.  The post Ethereum (ETH) Price Up, But Why Bulls Still Can't Rejoice appeared first on BeInCrypto.

 

BINANCE (BNB)

Current Price: $ 274.87 (24h Changes: 0.58 %)

Current Market Cap: $ 44,879,929,667 (24h Changes: 0.54 %)

Positive News

Best Deflationary Cryptocurrency Projects to Buy in 2022

Source: Cryptonews

Date: Mon, 17 Oct 2022 08:44:00

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.

Neutral News

TOP 5 Cryptos To Watch This Week – BNB, BTC, ETH, QNT, LEO

Source: NewsBTC

Date: Mon, 17 Oct 2022 10:18:33

In previous weeks, the crypto market looked like it was set to lose its key support with major altcoins such as Bitcoin (BTC), Ethereum (ETH), and other altcoins at the brick of losing their support area holding price sell-offs. Despite the uncertainty, some altcoins have continued to look green at the face of any litmus test.

BNB Chain responds with next steps for cross-chain security after network exploit

Source: Cointelegraph

Date: Mon, 17 Oct 2022 07:23:36

The BNB Chain team released its official statement on Oct. 7 regarding the hack and stolen funds, and a second statement on Oct. 11 on network decentralization.

 

CARDANO (ADA)

Current Price: $ 0.37 (24h Changes: -0.18 %)

Current Market Cap: $ 12,529,355,937 (24h Changes: -0.2 %)

Positive News

Cardano price analysis: ADA soars to $0.371 after a successive bullish run

Source: Cryptopolitan

Date: Mon, 17 Oct 2022 15:22:50

Cardano price analysis indicates an increasing trend for cryptocurrency today. Although the price was facing bearish resistance earlier, the bulls have managed to bring the price above $0.365 in the last 24-hours as it has reached $0.0.371.

What Zombiechain? Cardano Tops Blockchains In Active Developer Counts

Source: NewsBTC

Date: Mon, 17 Oct 2022 13:00:55

Cardano has often come under fire from those in the crypto space who have often mocked the apparent ‘lack of growth' of the network. This has been especially more prominent when it comes to the decentralized finance (DeFi) part of the blockchain, as it continues to remain well behind its counterparts in the sector.

Cardano Takes Solana NFT Traders, Here's Why They Run from SOL to ADA

Source: UToday

Date: Mon, 17 Oct 2022 12:18:00

NFT traders run from Solana to Cardano, here are reasons for such action

Neutral News

Cardano reportedly allows stake pool operators to deny incoming transactions

Source: Finbold

Date: Mon, 17 Oct 2022 09:56:48

Stake pool operators (SPOs) in Cardano (ADA), according to the co-founder of Adahandle and the operator of Blade Pool, one of SundaeSwap's Scoopers, revealed it is ‘technically possible' an SPO can choose which transaction to validate by circumventing the order in the blockchain's Mempool and thus prioritize certain transactions.

Popular Analyst Says XRP To Witness Upward Momentum, Updates Forecast for Cardano and One Other Altcoin

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 07:45:35

A popular analyst and trader says he remains bullish on XRP despite the overall uncertainty in the crypto markets. In a new blog post, Michaël van de Poppe says XRP is one of the strongest movers in the markets as of late.

Cardano Price Analysis: ADA Price Can Hit This Level In the Next 12 Hours

Source: CoinPedia

Date: Mon, 17 Oct 2022 02:37:58

Cardano crypto price has been trading within a deep bearish well for quite a long time and has reached the lowest-ever levels in the past 20 months. While the scope for a rebound & a strong recovery has faded, reviving the possibility of a bearish close for the month.

Negative News

Cardano (ADA) Price Continues to Slide With No Near-Term Bullish Catalysts

Source: BeInCrypto

Date: Mon, 17 Oct 2022 11:30:00

Cardano (ADA) price tested the long-term $0.36 support level after falling below the key support zone at $0.38, making way for further losses. With no major catalysts in sight, where will the ADA free fall halt?

Is Cardano (ADA) suffering from macro pressures, or something deeper?

Source: Proactive Investors

Date: Mon, 17 Oct 2022 10:02:15

Built by Singapore-based developer IOHK under the guidance of chief executive officer Brad Hoskinson, Cardano is a proof-of-stake (PoS) blockchain platform powered by the ADA cryptocurrency. At over US$12.7bn, ADA is one of the largest on the market – the eighth largest to be precise – and as such is the biggest among the so-called “Ethereum killer” set of network tokens.

Cardano (ADA) Price Prediction: More Pain Yet To Come

Source: NewsBTC

Date: Mon, 17 Oct 2022 02:48:51

Cardano's price started a major decline after it broke the key $0.4200 support. ADA could continue to move down unless it settles above the $0.50 pivot level.

 

RIPPLE (XRP)

Current Price: $ 0.47 (24h Changes: -1.0 %)

Current Market Cap: $ 23,685,704,073 (24h Changes: -0.78 %)

Positive News

Ripple's XRP Ledger Is Getting a Sidechain That's Compatible With Ethereum

Source: Decrypt

Date: Mon, 17 Oct 2022 15:36:12

RippleX developers are currently testing an Ethereum-compatible sidechain and a bridge that will connect it to the XRP Ledger's mainnet.

Ripple ($XRP) Achieves Huge Milestone With Deployment of Ethereum-based Smart Contracts for XRPL Sidechain

Source: EWN

Date: Mon, 17 Oct 2022 15:14:06

Ripple has started testing an EVM compatible sidechain that can bring Ethereum based smart contracts to the XRP Ledger.

Ripple Begins Push To Bring Ethereum-Compatible Sidechain to XRP Ledger

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 15:00:12

Developers have begun testing a new sidechain on the XRP Ledger (XRPL) that make the blockchain compatible with the Ethereum network. In a blog post from RippleX, a community of XRPL developers, the firm says that blockchain development company Peersyst Technology is currently testing an Ethereum Virtual Machine (EVM) compatible sidechain for XRPL.

Neutral News

Popular Analyst Says XRP To Witness Upward Momentum, Updates Forecast for Cardano and One Other Altcoin

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 07:45:35

A popular analyst and trader says he remains bullish on XRP despite the overall uncertainty in the crypto markets. In a new blog post, Michaël van de Poppe says XRP is one of the strongest movers in the markets as of late.

Max Keiser Breaks Down Whether He Holds XRP, Aside from Bitcoin

Source: UToday

Date: Mon, 17 Oct 2022 07:19:00

Bitcoin advocate Max Keiser has responded to critics about XRP and whether he holds any altcoins

Ripple CEO Brad Garlinghouse Expresses Displeasure Over SEC's Continued Litigation

Source: Crypto news

Date: Mon, 17 Oct 2022 06:01:14

Ripple Inc. CEO Brad Garlinghouse, expressed his feelings about the U.S. Securities and Exchange Commission (SEC) ongoing lawsuit against his firm.

Negative News

Ripple CEO Brad Garlinghouse Slams SEC, Says Regulator Has No Regard for Those Harmed by XRP Lawsuit

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 16:00:28

The chief executive of Ripple Labs is sounding off against the U.S. Securities and Exchange Commission (SEC), saying that the regulatory agency doesn't care about those it harmed with its XRP lawsuit. Ripple CEO Brad Garlinghouse tells his 662,000 Twitter followers that the SEC's lawsuit isn't about upholding the law, but rather consolidating power.

Ripple lawsuit: Can SEC Further Delay Ruling Over Hinman Speech Emails?

Source: Coingape

Date: Mon, 17 Oct 2022 11:21:14

The U.S. Securities and Exchange Commission (SEC) is actively applying its delay tactics in the long running Ripple lawsuit. The decision over the revelation of Hinman's speech and related emails has been announced by the court.

You might want to Sell XRP before it slips LOWER, Here's Why!

Source: CryptoTicker

Date: Mon, 17 Oct 2022 04:23:16

Should you sell XRP before prices tank lower? In this article, we analyze XRP and present a guide on how to sell XRP on Coinbase.

 

SOLANA (SOL)

Current Price: $ 30.86 (24h Changes: 1.69 %)

Current Market Cap: $ 11,044,341,985 (24h Changes: 1.74 %)

Positive News

Solana price analysis: SOL increases the value to $30.8 after strong bearish interference

Source: Cryptopolitan

Date: Mon, 17 Oct 2022 13:01:27

Solana price analysis shows rising signs as the market shows massive upside potential. The bulls have regained their control of the Solana market, which will change the course of the market for the better, and SOL now expects the bullish period to take over in the next few days.

Solana (SOL) and Avalanche (AVAX) Price Prediction: Ensuing Bullish Breakouts Could Spell End of Correction

Source: BeInCrypto

Date: Mon, 17 Oct 2022 13:00:00

The Solana (SOL) price could break out from a short-term descending resistance line, confirming a long-term double-bottom pattern in the process. The post Solana (SOL) and Avalanche (AVAX) Price Prediction: Ensuing Bullish Breakouts Could Spell End of Correction appeared first on BeInCrypto.

Who Wants to be a Crypto Millionaire? Budblockz, Axie Infinity, and Solana Look to Make Great Headway in Q4 2022.

Source: CoinPedia

Date: Mon, 17 Oct 2022 07:42:10

One thing you should consider when you purchase a cryptocurrency is whether or not their views align with yours. More often than not, your views are common and sought worldwide, meaning the crypto you purchase will also be popular.

Neutral News

Solana(SOL), Polkadot(DOT), or Polygon(MATIC)-Which Altcoin Will Recover Quickly in Q4?

Source: CoinPedia

Date: Mon, 17 Oct 2022 09:53:02

Solana (SOL) Price Analysis Solana price continues to extend the bearish descending triangle as the volatility has been chopped off to a large extent. A huge spike was witnessed in the DEX activity which marked double the levels of that of CEX.

Will Solana's Monday blues wipe out SOL's attempts at making short bull runs

Source: AMBCrypto

Date: Mon, 17 Oct 2022 09:30:18

Solana [SOL] has been on the receiving end of a lot of criticism from the crypto community for its downtime debacle. However, the cryptocurrency may have trusted the NFT market as its saving grace.

Here's What Next For Solana (SOL), Sushi (SUSHI) And Polkadot (DOT)

Source: CoinPedia

Date: Mon, 17 Oct 2022 08:59:50

2022 is drawing to a close. Looking back, it's safe to say that this year was tumultuous and disastrous for the previously thriving crypto market.  On a bright note, the overall crypto market is trading in the green today and the global crypto market cap has gained 0.

Negative News

Crypto Trader Admits Involvement in Solana-Based DeFi Protocol's Recent $100,000,000 Loss

Source: The Daily Hodl

Date: Mon, 17 Oct 2022 14:45:25

A crypto trader has stepped into the spotlight in an effort to clear the air on how Mango Markets, a Solana-based decentralized finance (DeFi) trading platform, recently lost $100 million.

 

AVALANCHE (AVAX)

Current Price: $ 16.05 (24h Changes: 1.53 %)

Current Market Cap: $ 4,754,392,121 (24h Changes: 1.58 %)

Positive News

Solana (SOL) and Avalanche (AVAX) Price Prediction: Ensuing Bullish Breakouts Could Spell End of Correction

Source: BeInCrypto

Date: Mon, 17 Oct 2022 13:00:00

The Solana (SOL) price could break out from a short-term descending resistance line, confirming a long-term double-bottom pattern in the process. The post Solana (SOL) and Avalanche (AVAX) Price Prediction: Ensuing Bullish Breakouts Could Spell End of Correction appeared first on BeInCrypto.

 

NEAR (NEAR)

Current Price: $ 3.03 (24h Changes: 0.17 %)

Current Market Cap: $ 2,457,787,297 (24h Changes: 0.15 %)

Positive News

NEAR Platform Active Users Soar – ‘Sweat Economy' Boosting Token's Price?

Source: NewsBTC

Date: Mon, 17 Oct 2022 06:12:23

NEAR, the native token of decentralized application (dApp) platform and Ethereum competitor Near Protocol, managed to pump its price over the last 24 hours. According to tracking from Coingecko, at the time of writing, the crypto is trading at $2.98 and was up by 1.2% on its intraday price.

 

COSMOS (ATOM)

Current Price: $ 12.34 (24h Changes: 5.06 %)

Current Market Cap: $ 3,609,255,520 (24h Changes: 5.03 %)

Neutral News

Bitcoin (19k), Ethereum (1,3k), Cosmos [ATOM] Price Analyses

Source: The Cryptonomist

Date: Mon, 17 Oct 2022 05:30:00

The Fear and Greed Index is 20 Extreme Fear and is -4 from Sunday's reading of 24 Extreme Fear

Can Cosmos' latest announcement trigger an ATOM sell-off? Evidence suggests

Source: AMBCrypto

Date: Mon, 17 Oct 2022 03:30:07

Cosmos' ATOM concluded another bearish week. However, the network recently made another announcement that might change ATOM's demand dynamics in the next few days.

 

POLKADOT (DOT)

Current Price: $ 6.22 (24h Changes: 0.0 %)

Current Market Cap: $ 7,225,503,833 (24h Changes: -0.06 %)

Positive News

Polkadot synthetic asset protocol Tapio raises $4 million from Polychain and others

Source: The Block

Date: Mon, 17 Oct 2022 10:00:04

Tapio Protocol has raised $4 million in a seed round led by Polychain, Hypersphere and Arrington to bring a unified liquidity standard to Polkadot. The post Polkadot synthetic asset protocol Tapio raises $4 million from Polychain and others appeared first on The Block.

Polkadot Hits ATH in Development Activity, DOT Is at $6.18

Source: Coinspeaker

Date: Mon, 17 Oct 2022 08:19:39

Rob Habermeier, the founder of Polkadot, recently released a roadmap for improving the scalability of Polkadot and Kusama.

Polkadot hits all-time high in development activity

Source: Cointelegraph

Date: Mon, 17 Oct 2022 02:00:00

It's been almost one year since the start of the ecosystem's signature parachain auctions. According to data from programming repository GitHub, Polkadot recognized more than 500 contributions each day in September

Neutral News

Solana(SOL), Polkadot(DOT), or Polygon(MATIC)-Which Altcoin Will Recover Quickly in Q4?

Source: CoinPedia

Date: Mon, 17 Oct 2022 09:53:02

Solana (SOL) Price Analysis Solana price continues to extend the bearish descending triangle as the volatility has been chopped off to a large extent. A huge spike was witnessed in the DEX activity which marked double the levels of that of CEX.

Here's What Next For Solana (SOL), Sushi (SUSHI) And Polkadot (DOT)

Source: CoinPedia

Date: Mon, 17 Oct 2022 08:59:50

2022 is drawing to a close. Looking back, it's safe to say that this year was tumultuous and disastrous for the previously thriving crypto market.  On a bright note, the overall crypto market is trading in the green today and the global crypto market cap has gained 0.

The Hideaways Predicted to Beat Polygon (MATIC) and Polkadot (DOT) as Best 2022 Investment

Source: CoinPedia

Date: Mon, 17 Oct 2022 04:59:17

Polygon (MATIC) and Polkadot (DOT) are 2 of the primary tokens to consider when building your Web 3.0 investment portfolio. The new cryptocurrency project, The Hideaways (HDWY), has been so popular that many analysts predict it will be the most popular project of 2023.

 

 

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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