"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.
Interested in our product? It's available for free here -> Coin Metrics Crypto News Sentiment Analytics
BITCOIN (BTC)
Current Price: $ 19,277.1 (24h Changes: -1.24 %)
Current Market Cap: $ 369,790,995,818 (24h Changes: -1.23 %)
Positive News
Bitcoin Wins the Guinness World Record for First Decentralized Cryptocurrency
Source: CryptoPotato
Date: Tue, 18 Oct 2022 15:55:35
Bitcoin has been honored as the oldest and most valuable crypto, while El Salvador is recognized as the first country to adopt it as legal tender.
Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are ‘exhausted'
Source: Cointelegraph
Date: Tue, 18 Oct 2022 15:26:44
Bitcoin price has been range-bound for 126 days, but analysts say an explosive move is imminent.
Several Bitcoin-Related Records Enter Reference Book ‘Guinness World Records 2023'
Source: CryptoGlobe
Date: Tue, 18 Oct 2022 15:10:14
Multiple crypto-related records reportedly appear in the 2023 edition of the famous annual reference book Guinness World Records (which was “known from its inception in 1955 until 1999 as The Guinness Book of Records”).
Neutral News
Source: The Daily Hodl
Date: Tue, 18 Oct 2022 15:55:19
The CEO of Bank of New York Mellon Corporation (BNY Mellon) says that America's oldest bank is launching Bitcoin (BTC) and crypto custody services in response to rising demand from clients.
Bitcoin Outlook as Earnings Season Kicks Off
Source: Coindesk
Date: Tue, 18 Oct 2022 15:30:07
Hxro founder Dan Gunsberg discusses his outlook for bitcoin (BTC) amid low price volatility and the start of the year's third quarter earnings season for the S&P 500. Plus, insights into the options market.
Here's Why This Bitcoin Bear Market Is Different, According to Leading Trading Firm
Source: UToday
Date: Tue, 18 Oct 2022 14:57:00
There's one thing that makes the ongoing Bitcoin bear market distinctly different from 2018
Negative News
Australia's Financial Regulator Places Interim Stop Orders On Three Funds Tracking BTC, ETH, and FLC
Source: Zycrypto
Date: Tue, 18 Oct 2022 15:10:36
Australia's top financial regulator temporarily suspends Holon Investments' Bitcoin, Ethereum and Filecoin funds. The suspension is due to non-compliance with the required standards in filing its target market determinations.
Bitcoin outflows signal institutional shift, and hackers take $1M from BitKeep: CNBC Crypto World
Source: CNBC Television
Date: Tue, 18 Oct 2022 15:05:08
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, Andy Bromberg of Eco discusses why a shift in retail investor interest could bring stability to crypto prices.
Bitcoin (BTC) Market Showing Signs of Imminent Volatility Burst
Source: Dailycoin
Date: Tue, 18 Oct 2022 14:00:19
BTC trades at $19,650, up by less than 1% for the day, trying to break the $20,000 key resistance level.
ETHEREUM (ETH)
Current Price: $ 1,305.48 (24h Changes: -1.46 %)
Current Market Cap: $ 157,345,493,658 (24h Changes: -1.6 %)
Positive News
Ripple launching on Ethereum (ETH) blockchain: Will the XRP price go to the moon?
Source: CryptoNewsFlash
Date: Tue, 18 Oct 2022 11:10:12
Onwards, DeFi and Dapps developers will not need to worry about XRPL and Ethereum compatibility. David Schwartz, Ripple's CTO, has significantly shaped the future of XRPL and Ethererum's compatibility.
Ethereum launches testnet for upcoming Shanghai upgrade
Source: Invezz
Date: Tue, 18 Oct 2022 09:07:04
Ethereum (ETH/USD) developers have an opportunity to start working on the next upgrade for the proof-of-stake network, thanks to the launch of a test network that would make this possible. On Monday, it was announced that core developers at Ethereum had unveiled “Shandong” the testnet, for the blockchain network's Shanghai upgrade.
Source: Benzinga
Date: Tue, 18 Oct 2022 09:00:05
Leading real estate investment platform Roofstock announced its 1st property sale via Ethereum's blockchain, enabled by Roofstock onChain (ROC), its web3 subsidiary. Roofstock onChain is a real estate brokerage alternative powered by an NFT marketplace built by Origin Protocol.
Neutral News
Five key ways The Merge affected the Ethereum blockchain
Source: The Block
Date: Tue, 18 Oct 2022 15:15:01
One month on, here's a detailed look at multiple ways in which The Merge impacted the Ethereum blockchain. The post Five key ways The Merge affected the Ethereum blockchain appeared first on The Block.
2,154 ETH Worth $2M Was Just Burned
Source: Benzinga
Date: Tue, 18 Oct 2022 13:17:09
What happened: On Monday a total of 2,154.13 Ether (CRYPTO: ETH) worth $2,825,544, based on the current value of Ethereum at time of publication ($1,311.69), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.
7 Cryptos to Watch as the Fed Navigates a Complex Ecosystem
Source: Investorplace
Date: Tue, 18 Oct 2022 11:45:56
All eyes are on the Federal Reserve as it struggles against various macro dynamics, thus presenting cloudy skies over cryptos.
Negative News
Australia's Financial Regulator Places Interim Stop Orders On Three Funds Tracking BTC, ETH, and FLC
Source: Zycrypto
Date: Tue, 18 Oct 2022 15:10:36
Australia's top financial regulator temporarily suspends Holon Investments' Bitcoin, Ethereum and Filecoin funds. The suspension is due to non-compliance with the required standards in filing its target market determinations.
Ethereum price analysis: ETH reverses at $1,340, decline to continue overnight?
Source: Cryptopolitan
Date: Tue, 18 Oct 2022 11:31:42
Ethereum price analysis is bearish today as we have seen strong resistance at the previous high and a swift decline over the past hours. Therefore, selling will likely continue overnight as bears look to retest the $1,275 support.
ETH: Ethereum's price prediction after the Merge
Source: The Cryptonomist
Date: Tue, 18 Oct 2022 09:39:03
An analysis by Simon Peters of eToro highlights why ETH is not going up despite the PoS
BINANCE (BNB)
Current Price: $ 272.58 (24h Changes: -0.83 %)
Current Market Cap: $ 44,505,649,691 (24h Changes: -0.84 %)
Positive News
BIG for Crypto: Kanye West to buy Parler to implement Bitcoin, BNB, Dogecoin, and Polygon payments
Source: CryptoNewsFlash
Date: Tue, 18 Oct 2022 10:28:04
Parler expects the completion of the deal with the American rapper before the end of this year.
BNB Chain launches European Innovation Incubator for Web3 startups
Source: The Cryptonomist
Date: Tue, 18 Oct 2022 09:42:46
New dApps will be supported by industry experts
Neutral News
BNB Chain's NFT front painted a green picture, but this metric spilled red
Source: AMBCrypto
Date: Tue, 18 Oct 2022 00:30:26
BNB Chain's NFTs may haven't experienced the same traction as NFTs built on other platforms. However, this scenario may change.
Negative News
BitKeep Hacker Moves $1M in Binance Coin Through Tornado Cash
Source: Decrypt
Date: Tue, 18 Oct 2022 10:35:33
An unknown attacker stole $1 million in Binance Coin (BNB) from BitKeep's Token Swap feature and transferred them to Tornado Cash.
This BNB Chain-based Wallet Swap Facility Hacked for More Than $1 Million
Source: Coingape
Date: Tue, 18 Oct 2022 00:05:22
Earlier today, October 18, another wallet sway, BitKeep, became a victim of notorious hacks while losing more than $1 million. The BitKeep wallet was quick to inform all of its users.
CARDANO (ADA)
Current Price: $ 0.36 (24h Changes: -1.92 %)
Current Market Cap: $ 12,288,768,235 (24h Changes: -1.88 %)
Positive News
First Cardano DEX records almost 800% growth as the effects of Vasil upgrade take root
Source: Cryptopolitan
Date: Tue, 18 Oct 2022 14:38:21
Merely a month after the Cardano network underwent the latest upgrade, dubbed the Vasil upgrade, things are looking up on the Dapps front. Apparently, the upgrade, which started on Sept 22 and peaked on Sept 27, has triggered a significant increase in Dapp's activity, especially on one of the first Cardano-focused DEX platforms.
Cardano Breaks into Top 3 NFT Chains as 24-Hour Volume Jumps 132%
Source: UToday
Date: Tue, 18 Oct 2022 11:07:00
Cardano's NFT space is rapidly growing
Cardano DEX Sees 788% Growth in User Activity Post-Vasil: Details
Source: UToday
Date: Tue, 18 Oct 2022 09:51:00
Cardano dApps record significant increases in user activity
Neutral News
7 Cryptos to Watch as the Fed Navigates a Complex Ecosystem
Source: Investorplace
Date: Tue, 18 Oct 2022 11:45:56
All eyes are on the Federal Reserve as it struggles against various macro dynamics, thus presenting cloudy skies over cryptos.
NFT Traders run from Solana to Cardano due to network advantages
Source: CryptoNewsFlash
Date: Tue, 18 Oct 2022 09:02:40
Comparatively, Solana NFT has dismal statistics which are said to be pushing traders away.
Can Cardano solve the scaling issue of blockchains? Hydra looks forward to 1,000,000 TPS
Source: CryptoNewsFlash
Date: Tue, 18 Oct 2022 06:40:24
Decentralized exchange SundawSwap recently made a deployment on Hydra showing its ability to accomplish very fast settlements.
Negative News
Cardano price analysis: ADA remains consistent at $0.3649
Source: Cryptopolitan
Date: Tue, 18 Oct 2022 13:21:50
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.
Popular Crypto Analyst Issues Cardano Update, Warns Price of ADA May Be in Trouble
Source: The Daily Hodl
Date: Tue, 18 Oct 2022 07:45:55
A popular crypto analyst is warning Cardano holders, saying that ADA is on the verge of collapsing as bearish momentum continues to build up. In a new strategy session, Jason Pizzino tells his 276,000 YouTube subscribers that ADA's price may drop into the lower $0.
Cardano Tumbles 8% Weekly but How Low Can It Go? (ADA Price Analysis)
Source: CryptoPotato
Date: Tue, 18 Oct 2022 04:59:22
Cardano continues to be in a downtrend and it appears to be moving toward a critical support zone once again. How it behaves around it will likely determine the cryptocurrency's direction going forward.
RIPPLE (XRP)
Current Price: $ 0.47 (24h Changes: -1.79 %)
Current Market Cap: $ 23,295,377,385 (24h Changes: -1.57 %)
Positive News
XRP Army Sees Bullish Prospects As Ripple Starts EVM Compatibility Tests On Its XRPL Sidechain
Source: Zycrypto
Date: Tue, 18 Oct 2022 14:48:02
XRP community has hailed the move as strategic to the network's growth but says it is
Top XRPL Project Makes Big Announcement Ahead of NFT Revolution
Source: UToday
Date: Tue, 18 Oct 2022 11:58:00
XRPL's NFT revolution gets massive support from this project
Ripple's XRPL to soon support NFTs
Source: CryptoSlate
Date: Tue, 18 Oct 2022 11:49:20
Ripple's XRP Ledger could enable support for non-fungible tokens (NFTs) as early as October 31, according to a tweet shared by Ripple's vice president of corporate strategy and operations, Emi Yoshikawa. The post Ripple's XRPL to soon support NFTs appeared first on CryptoSlate.
Neutral News
7 Cryptos to Watch as the Fed Navigates a Complex Ecosystem
Source: Investorplace
Date: Tue, 18 Oct 2022 11:45:56
All eyes are on the Federal Reserve as it struggles against various macro dynamics, thus presenting cloudy skies over cryptos.
Can Ripple's latest development appeal to a dampened XRP investor sentiment
Source: AMBCrypto
Date: Tue, 18 Oct 2022 08:30:51
Venturing into the Layer 2 scaling solutions ecosystem, XRP Ledger (XRPL), a decentralized public blockchain, on 17 October announced that it had begun testing its first EVM-compatible sidechain. This announcement came a year after David Schwartz, Chief Technology Officer at Ripple, announced that an EVM sidechain was in the works.
Better Buy: Ripple vs. Shiba Inu
Source: The Motley Fool
Date: Tue, 18 Oct 2022 07:41:00
These popular cryptocurrencies look ready to bounce back from the last year's brutal price cuts, but each one faces unique challenges.
Negative News
Will Ripple Beat the SEC in Court? How Both Outcomes Can Impact XRP Price
Source: BeInCrypto
Date: Tue, 18 Oct 2022 11:00:00
Ripple (XRP) has little to offer HODLers or investors as its battle with the SEC continues, despite being the sixth-biggest crypto crypto. The post Will Ripple Beat the SEC in Court?
Ripple Slides Down Marginally as It Faces Rejection at $0.54
Source: Coin Idol
Date: Tue, 18 Oct 2022 06:22:00
The price of Ripple (XRP) is in the bullish trend zone as it has retreated below the 21-day line SMA. The cryptocurrency asset has fallen to $0.44 and resumed consolidation above this level.
SOLANA (SOL)
Current Price: $ 30.27 (24h Changes: -1.91 %)
Current Market Cap: $ 10,833,439,336 (24h Changes: -1.93 %)
Positive News
Solana has a new punching bag in the NFT market, and it's none other than
Source: AMBCrypto
Date: Tue, 18 Oct 2022 12:30:34
Despite the bleak NFT action in 2022, trends continue to emerge from this market for two main guests. Firstly, Ethereum [ETH], the king altcoins and Solana [SOL], the so-called ‘Ethereum killer'.
Solana-Based NFT Marketplace Magic Eden Switches to Optional Royalty Model
Source: Coindesk
Date: Tue, 18 Oct 2022 11:30:16
Solana's leading non-fungible token (NFT) marketplace Magic Eden is moving to an optional royalty model, following in the controversial trend set by X2Y2 and others. "The Hash" team discusses what this means for the world of digital collectibles.
Rise in Bitcoin and Ether; top gainers among the top 10 tokens are Polygon and Solana
Source: Bitcoinworld
Date: Tue, 18 Oct 2022 04:52:58
All top 10 tokens by market capitalization, excluding stablecoins, increased in Tuesday morning trading, led by the gains of Bitcoin and Ether. Top of the list was Polygon.
Neutral News
NFT Traders run from Solana to Cardano due to network advantages
Source: CryptoNewsFlash
Date: Tue, 18 Oct 2022 09:02:40
Comparatively, Solana NFT has dismal statistics which are said to be pushing traders away.
2 Cryptocurrencies That Are Down 80% and Ready to Pop
Source: The Motley Fool
Date: Tue, 18 Oct 2022 07:15:00
Solana and Avalanche could be ready for a breakout after a disastrous 2022.
Sol-searching: After halving headcount, SolChicks creator plows on with new P2E platform
Source: The Block
Date: Tue, 18 Oct 2022 04:47:30
As the crypto winter set in, Catheon Gaming halved its headcount and saw a planned fundraise fall through. Now, the startup is planning a new token launch and a new play-to-earn gaming platform. The post Sol-searching: After halving headcount, SolChicks creator plows on with new P2E platform appeared first on The Block.
Negative News
Solana price analysis: SOL obtains bearish momentum at $4.5
Source: Cryptopolitan
Date: Tue, 18 Oct 2022 08:15:39
Solana price analysis shows rising signs as the market shows downside risk.
AVALANCHE (AVAX)
Current Price: $ 15.81 (24h Changes: -1.42 %)
Current Market Cap: $ 4,687,106,692 (24h Changes: -1.54 %)
Positive News
Avalanche subnets can now let validators stake using the subnet's token
Source: The Block
Date: Tue, 18 Oct 2022 13:16:18
Avalanche's Banff upgrade has given subnet creators more customization and control over their own ecosystems. The post Avalanche subnets can now let validators stake using the subnet's token appeared first on The Block.
Neutral News
2 Cryptocurrencies That Are Down 80% and Ready to Pop
Source: The Motley Fool
Date: Tue, 18 Oct 2022 07:15:00
Solana and Avalanche could be ready for a breakout after a disastrous 2022.
COSMOS (ATOM)
Current Price: $ 12.49 (24h Changes: 1.13 %)
Current Market Cap: $ 3,649,979,272 (24h Changes: 1.19 %)
Positive News
Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Gains
Source: Bitcoin
Date: Tue, 18 Oct 2022 11:09:24
Polygon was one of Tuesday's notable gainers, as the token rose to its highest point since mid-September. Today's surge saw prices of the cryptocurrency rise for a third straight session. Cosmos also extended recent gains, climbing to its strongest point in recent days.
Umee Unveils its Native Lending Platform with Full Cosmos Interoperability Features
Source: Crypto news
Date: Tue, 18 Oct 2022 06:31:19
Umee is the first Inter-Blockchain Communication (IBC) based Blockchain lending interoperable protocol.
POLKADOT (DOT)
Current Price: $ 6.16 (24h Changes: -0.94 %)
Current Market Cap: $ 7,157,397,357 (24h Changes: -0.98 %)
Negative News
Polkadot price analysis: DOT price curve deflates below $6.15 after bearish setback
Source: Cryptopolitan
Date: Tue, 18 Oct 2022 13:23:42
Polkadot price analysis confirms a strong bearish trend for the market as the price has fallen to the lowest level at $6.15. This is a critical situation for the buyers as the cryptocurrency faced bearish resistance during the past few days, and the price levels have been decreasing continuously, setting a lower low today.
