What Happens To L1 Tokens Today? (20 Dec 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: $ 16,569.96 (24h Changes: -1.13 %)

Current Market Cap: $ 318,919,194,655 (24h Changes: -1.13 %)

Positive News

Why Bitcoin Could Return to $17,000 In the Short Term

Source: NewsBTC

Date: Mon, 19 Dec 2022 12:40:46

The price of Bitcoin continues to grind slowly to the downside while other major digital assets follow. The market is moving in tandem with the legacy financial sector, pricing in a higher terminal rate for 2023.

Bitcoin whales accumulated $726m in BTC over past 9 days

Source: Crypto Daily

Date: Mon, 19 Dec 2022 12:00:00

After 14 months of dumping, BTC whales are at last beginning to accumulate. According to the mainstream media, social media, and just about any other outlet, bitcoin is dying and will probably sink to new depths and might never recover.

$BTC, $ETH, and $SHIB Were Binance's “3 Most-Watched Cryptos in 2022”

Source: CryptoGlobe

Date: Mon, 19 Dec 2022 10:54:29

Binance, which is the world's largest crypto exchange by trading volume, made a rather surprising announcement on Sunday (18 December 2022). Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed.

Neutral News

Bitcoin Hardware Wallet Maker Foundation Devices Completes $7 Million Seed Round

Source: Bitcoin Magazine

Date: Mon, 19 Dec 2022 14:10:20

Led by Polychain Capital, new investors into the Bitcoin hardware and software firm include Greenfield Capital and Lightning Ventures.

Grayscale CEO on Bitcoin ETF: ‘Now more than ever, investors deserve protections'

Source: Yahoo Finance

Date: Mon, 19 Dec 2022 12:52:23

Grayscale Investments CEO Michael Sonnenshein joins Yahoo Finance Live to discuss his company's bitcoin ETF and also weighs in on the fallout of the FTX collapse.

Popular Analyst Predicts Bitcoin (BTC), ETH, ADA, LINK Price For New Year 2023

Source: Coingape

Date: Mon, 19 Dec 2022 12:44:14

The crypto market struggle continues following the collapse of FTX, with contagion reaching DCG's Genesis and Grayscale. Also, market-wide selloff due to Binance FUD and the hawkish U.S. Federal Reserve.

Negative News

Grayscale May Be Preparing to Liquidate 600,000 BTC Stash After Failed GBTC ETF

Source: BeInCrypto

Date: Mon, 19 Dec 2022 13:30:00

Grayscale Investments could appeal to GBTC shareholders to sell some of their shares at a higher price to return investor capital. The post Grayscale May Be Preparing to Liquidate 600,000 BTC Stash After Failed GBTC ETF appeared first on BeInCrypto.

Grayscale CEO confirms tender offer if Bitcoin ETF path fails

Source: Invezz

Date: Mon, 19 Dec 2022 13:01:59

Grayscale Investments will look to return 20% of Grayscale Bitcoin Trust (GBTC) fund to investors if its bid to have a spot Bitcoin ETF fails. The company will explore this option should its battle to have the Securities and Exchange Commission (SEC) approve its application to convert GBTC into spot bitcoin ETF fail.

Bitcoin Open Interest Falls 8%, Can BTC Still Finish Strong?

Source: Bitcoinist

Date: Mon, 19 Dec 2022 12:00:10

Bitcoin open interest has been on a steady decline since last week. After hitting a peak of $10.2 billion in early December, a swift reversal has seen open interest fall to monthly lows.

 

ETHEREUM (ETH)

Current Price: $ 1,172.8 (24h Changes: -1.02 %)

Current Market Cap: $ 141,378,857,959 (24h Changes: -0.95 %)

Positive News

PayPal Partners With Crypto Firm ConsenSys To Create Convenient Way To Buy Ethereum (ETH)

Source: The Daily Hodl

Date: Mon, 19 Dec 2022 14:45:37

Crypto firm ConsenSys is announcing a new partnership with payments giant PayPal to create a convenient way for investors to purchase Ethereum (ETH).

Ethereum bulls awaken from years of slumber; can ETH avoid a bearish pivot

Source: AMBCrypto

Date: Mon, 19 Dec 2022 13:30:16

While Ethereum [ETH] investors have been watching the token's sluggish growth, some bulls have started to stir, sparking rumors about what will happen next. The rally came at a time when the broader market and the price of ETH have both been quite underwhelming.

Spend-to-earn protocol Fluidity announces launch on the Ethereum mainnet

Source: Finbold

Date: Mon, 19 Dec 2022 11:06:24

Fluidity Money, a decentralized finance (DeFi) protocol that serves as a spend-to-earn system, has announced its launch on the Ethereum (ETH) mainnet.

Neutral News

For the First Time in Four Years, These Ethereum Whales Transfer Over $27M Worth of ETH

Source: CryptoPotato

Date: Mon, 19 Dec 2022 13:26:48

On-chain data suggested that the ETH tokens reportedly originated from Genesis and Poloniex.

2,900 ETH Worth $3M Was Just Burned

Source: Benzinga

Date: Mon, 19 Dec 2022 13:00:06

What happened: On Sunday a total of 2,900.87 Ether (CRYPTO: ETH) worth $3,405,332, based on the current value of Ethereum at time of publication ($1,173.90), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Popular Analyst Predicts Bitcoin (BTC), ETH, ADA, LINK Price For New Year 2023

Source: Coingape

Date: Mon, 19 Dec 2022 12:44:14

The crypto market struggle continues following the collapse of FTX, with contagion reaching DCG's Genesis and Grayscale. Also, market-wide selloff due to Binance FUD and the hawkish U.S. Federal Reserve.

Negative News

Ethereum price analysis: ETH eyes $1,200 after bearish momentum recedes

Source: Cryptopolitan

Date: Mon, 19 Dec 2022 10:47:24

Ethereum price analysis for today shows ETH/USD opened the daily trading session at a low of $1,177 and is exchanging hands at $1,184.66.The total value locked in Ethereum-based smart contracts also decreased by decentralized finance by 4.49% in 24 hours.

Can Ethereum Prevent More Losses As Altcoin King ETH Slips 7% In Last 7 Days?

Source: NewsBTC

Date: Mon, 19 Dec 2022 09:22:17

Further pain was inflicted on the markets as major cryptocurrencies Bitcoin and Ethereum slipped on macroeconomic pressures and other factors. As of time of writing, the top altcoin Ether has lost nearly 7% in the weekly timeframe.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Markets Prepare for Christmas Break

Source: Bitcoin

Date: Mon, 19 Dec 2022 08:30:50

Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The world's largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday.

 

BINANCE (BNB)

Current Price: $ 242.76 (24h Changes: -3.04 %)

Current Market Cap: $ 39,627,161,623 (24h Changes: -2.89 %)

Positive News

BNB Chain launches Liquidity Bootstrapping Pools in partnership with Fjord, Balancer

Source: CryptoSlate

Date: Mon, 19 Dec 2022 12:45:55

BNB Chain has partnered with Fjord and Balancer to launch Liquidity Bootstrapping Pools (LBPs) on its mainnet, according to a December 19 statement. The post BNB Chain launches Liquidity Bootstrapping Pools in partnership with Fjord, Balancer appeared first on CryptoSlate.

Analysts say Binance Coin could be the best investment of 2023; Time to buy BNB?

Source: Finbold

Date: Mon, 19 Dec 2022 08:46:17

As the entirety of the cryptocurrency market had been suffering the negative consequences of the implosion of FTX, once one of the largest crypto exchanges in the world, BNB has been no exception, but things could be looking up.

Neutral News

Bitcoin, ether lower; Binance's BNB up after deal to acquire Voyager assets

Source: The Block

Date: Mon, 19 Dec 2022 12:19:10

Bitcoin was trading at around $16,700 on Monday, down 0.8%.  The post Bitcoin, ether lower; Binance's BNB up after deal to acquire Voyager assets appeared first on The Block.

Binance Token Ends Losing Streak Fueled by Crypto Exchange Concerns

Source: TCU

Date: Mon, 19 Dec 2022 05:59:38

Binance Holdings Ltd.'s native cryptocurrency has ended a sustained decline fueled partly by fears over outflows from the world's biggest digital-asset trading platform.

These BNB metrics suggest a bullish future for the token, but only if

Source: AMBCrypto

Date: Mon, 19 Dec 2022 03:30:37

The Binance [BNB] exchange has been subject to Fear, Uncertainty, and Doubt (FUD), which has contributed to BNB's recent price drop. However, despite this, the BNB chain has been extremely busy.

Negative News

Binance Crypto Token BNB Drops Due to Investor Concerns

Source: PYMNTS

Date: Mon, 19 Dec 2022 11:57:11

Investor concerns have reportedly contributed to Binance's crypto token dropping 6% in the last day. BNB, which is Binance's native token, has also fallen 15% over the last week and hit its lowest level since July, CNBC reported Monday (Dec. 9).

Binance's native token is hovering near 5-month lows and has shed 52% in 2022

Source: Business Insider

Date: Mon, 19 Dec 2022 08:23:00

Binance's BNB token has plunged, suggesting faltering confidence in the world's largest crypto exchange.

Binance Coin (BNB) plunge: Sifting through the FUD

Source: Cryptopolitan

Date: Mon, 19 Dec 2022 07:10:33

Analysts have associated Binance Coin's BNB troubles to fear, uncertainty, and doubt (FUD) since the collapse of FTX.  Initially, the Binance exchange received a lot of interest from investors after its CEO Changpeng Zhao (CZ), exposed the rot in FTX.

 

CARDANO (ADA)

Current Price: $ 0.26 (24h Changes: -4.7 %)

Current Market Cap: $ 8,967,701,641 (24h Changes: -4.58 %)

Positive News

Top cryptocurrencies that have mainstream adoption potential

Source: Invezz

Date: Mon, 19 Dec 2022 08:17:14

Nigeria is set to pass a bill that can recognize Bitcoin (BTC/USD) as well as cryptocurrencies.

Cardano leading the race before Polkadot, Cosmos and Ethereum – Will it drive ADA to $5?

Source: CryptoNewsFlash

Date: Mon, 19 Dec 2022 07:07:30

Cardano emerged as the most developed blockchain by GitHub activity in the last week.   The trend points to a very robust network even as Cardano gears up for more upgrades in 2023.

Neutral News

Popular Analyst Predicts Bitcoin (BTC), ETH, ADA, LINK Price For New Year 2023

Source: Coingape

Date: Mon, 19 Dec 2022 12:44:14

The crypto market struggle continues following the collapse of FTX, with contagion reaching DCG's Genesis and Grayscale. Also, market-wide selloff due to Binance FUD and the hawkish U.S. Federal Reserve.

Is it Too Late to Buy Cardano? Crypto Experts Give Their ADA Predictions

Source: Cryptonews

Date: Mon, 19 Dec 2022 06:25:00

The price of cardano (ADA) has fallen by 0.5% in the past 24 hours, reaching $0.264293 following a bad weekend for the cryptocurrency market as a whole. Its current price marks a 14% drop in a week and a 19% decline in the last 30 days, with ongoing market negativity serving to depress financial markets worldwide.

‘ADA Whale' Says ‘Buying Today and Staking It Is a Bit Like Mining Bitcoin in 2013–15'

Source: CryptoGlobe

Date: Mon, 19 Dec 2022 05:04:01

On Monday (19 December 2022), pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) pointed out that $ADA, the native token of Cardano, is “disinflationary”.

Negative News

ADA struggles to hold its place on the charts despite Cardano's dominance over

Source: AMBCrypto

Date: Mon, 19 Dec 2022 14:30:08

Cardano [ADA] might just secure the blockchain spotlight after the latest GitHub weekly development activity report. According to the report, Cardano had the highest development activity score from 10 – 17 December.

Cardano Crash: Will ADA Price reach 10 cents?

Source: CryptoTicker

Date: Mon, 19 Dec 2022 13:39:11

ADA prices crashed and reached a current price of 26 cents. Will Cardano reach 10 cents?

This Cardano (ADA) Bearish Signal Could Lead to 40% Drop

Source: BeInCrypto

Date: Mon, 19 Dec 2022 05:30:00

The Cardano (ADA) price broke down from the $0.35 horizontal support area. It could continue falling toward $0.15.

 

RIPPLE (XRP)

Current Price: $ 0.34 (24h Changes: -3.57 %)

Current Market Cap: $ 17,071,612,148 (24h Changes: -3.43 %)

Positive News

Is Ripple Ready? SWIFT's Latest Innovation Targets 500 Banks in 120 Countries

Source: UToday

Date: Mon, 19 Dec 2022 08:09:00

Ripple's ODL now supports 40 payout markets

Neutral News

Ripple And LBRY Litigation Vs. The SEC Share Key Commonality, Attorney Says

Source: Bitcoinist

Date: Mon, 19 Dec 2022 08:12:37

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is in the home stretch. Both parties had filed their more than 60-page reply briefs for summary judgment on Nov. 30.

Millions of XRP to Be Moved by Binance, Here's What's Happening

Source: UToday

Date: Mon, 19 Dec 2022 05:58:00

Binance warns about large transactions with XRP, but there is no need to worry

Negative News

XRP Falls 3% Daily but Is a Retest of $0.3 Imminent? (Ripple Price Analysis)

Source: CryptoPotato

Date: Mon, 19 Dec 2022 12:08:08

Ripple's recent price action has been particularly rough following a convincing rejection from a key resistance level. The cryptocurrency is currently dropping toward the bulls' last resort as risk assets stumble.

XRP To Decline Further? Whales Deposit $32 Million To Coinbase

Source: Bitcoinist

Date: Mon, 19 Dec 2022 11:00:18

Data shows XRP whales have deposited around $32 million in the token to crypto exchange Coinbase, a sign that could lead to further decline in the asset's price.

Ripple Scam Alert: There Is No XRP Staking Program

Source: UToday

Date: Mon, 19 Dec 2022 10:58:00

Wietse Wind warns about fake Ripple site promoting XRP staking

 

SOLANA (SOL)

Current Price: $ 12.06 (24h Changes: -3.38 %)

Current Market Cap: $ 4,424,571,071 (24h Changes: -3.21 %)

Positive News

Solana Maintains Strong Developer Activity Despite FTX Collapse

Source: Dailycoin

Date: Mon, 19 Dec 2022 12:30:05

Solana had more than 2000 active developers in the month of November.

Solana price is down 95% but community is still growing – Bright future ahead for SOL

Source: CryptoNewsFlash

Date: Mon, 19 Dec 2022 08:38:36

The Saga Web3 phones, which were launched earlier, will be made available to the public in early 2023.

Solcial Goes Live on Solana Mainnet, Betting Big on User Tokens and Community Ownership

Source: Dailycoin

Date: Mon, 19 Dec 2022 06:00:47

Solcial, the first Solana-based social network that allows its users to create and share content that gets rewarded fairly, has just launched on Solana's mainnet.

Neutral News

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape

Source: Coindesk

Date: Mon, 19 Dec 2022 10:03:16

The derivatives trader is back after an 8-month hiatus.

Is There Any Hope on the Horizon for Solana (SOL) Holders?

Source: BeInCrypto

Date: Mon, 19 Dec 2022 07:30:00

The Solana (SOL) price trend is likely bearish. Both the price action and technical indicators support more downside.

Solcial goes live on Solana mainnet

Source: Cryptopolitan

Date: Mon, 19 Dec 2022 06:02:56

Solcial, the first Solana-based social network that allows its users to create and share content that gets rewarded fairly, has just launched on Solana's mainnet. Since November, Solcial has been invite-only as they finalized some key features.

 

AVALANCHE (AVAX)

Current Price: $ 11.68 (24h Changes: -2.08 %)

Current Market Cap: $ 3,640,647,368 (24h Changes: -2.16 %)

Neutral News

Avalanche: What is P-Chain, C-Chain and X-Chain?

Source: Altcoin Buzz

Date: Mon, 19 Dec 2022 05:53:54

Avalanche was one of the breakout platforms of the last bull run. However, despite the current state of the market, Avalanche is still a project with huge potential.

 

COSMOS (ATOM)

Current Price: $ 8.74 (24h Changes: -1.76 %)

Current Market Cap: $ 2,558,223,464 (24h Changes: -1.68 %)

Positive News

Why $HDUP Can Help Restore Your 2022 Losses From Tokens Like ATOM and ALGO

Source: Dailycoin

Date: Mon, 19 Dec 2022 14:00:37

The $HDUP cryptocurrency will power the HedgeUp platform, allowing users to earn passive income from alternative investment instruments such as wine, diamonds, aviation, gold, fine art, and luxury watches

 

POLKADOT (DOT)

Current Price: $ 4.52 (24h Changes: -3.33 %)

Current Market Cap: $ 5,351,553,680 (24h Changes: -3.37 %)

Negative News

Polkadot price analysis: DOT/USD declined to $4.61 following a downward trend

Source: Cryptopolitan

Date: Mon, 19 Dec 2022 03:38:09

Polkadot price analysis reveals that the DOT/USD depreciated to $ 4.61 after a bearish run. The coin has lost 1.26% in the last 24 hours as the bearish momentum continues.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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