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What Happens To L1 Tokens Today? (22 Sep 2022, Thursday)


"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.

BITCOIN (BTC)

Current Price: $ 18,980.39 (24h Changes: -0.42 %)

Current Market Cap: $ 363,608,727,595 (24h Changes: -0.43 %)

Positive News

Colorado Becomes the First US State Accepting Taxes in BTC and ETH: Report

Source: CryptoPotato

Date: Wed, 21 Sep 2022 15:42:38

Colorado's law makers joined forces with PayPal to allow residents pay their taxes in BTC, ETH, LTC, and BCH.

Bitcoin Lightning-Enabled ‘Listen-to-Earn' Podcast App Gets an Upgrade

Source: Coindesk

Date: Wed, 21 Sep 2022 15:10:03

The app's new model offers a simpler, more intuitive and more transparent way for listeners to earn BTC.

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

Source: Cointelegraph

Date: Wed, 21 Sep 2022 15:09:02

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

Neutral News

Bitcoin rises as Fed raises rates, and Twitch bans crypto gambling after backlash: CNBC Crypto World

Source: CNBC Television

Date: Wed, 21 Sep 2022 15:42:29

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, Anthony Georgiades, co-founder of Pastel Network, discusses the economic pressures facing the crypto industry.

Attention, Bitcoin traders! BTC's next upswing may depend on this crucial factor 

Source: AMBCrypto

Date: Wed, 21 Sep 2022 14:30:52

Bitcoin [BTC] traders have found themselves in a nail-biting situation this week following its downside in the last seven days. The bearish performance sent BTC crashing and at press time, the crypto king stood in a critical zone on a short-term support.

World's Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

Source: Bitcoin

Date: Wed, 21 Sep 2022 13:30:07

The world's largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is selling for $19 per terahash or $1,900 per unit.

Negative News

Bitcoin price, equity markets gyrate after U.S. Fed's interest rate decision

Source: The Block

Date: Wed, 21 Sep 2022 15:20:54

Crypto prices were highly volatile, in line with equities, following the Fed's decision to hike interest rates by 75 basis points. The post Bitcoin price, equity markets gyrate after U.S. Fed's interest rate decision appeared first on The Block.

Bitcoin Mining Profitability Returns To 2020 Levels, But Why?

Source: Bitcoinist

Date: Wed, 21 Sep 2022 15:00:45

Data shows the Bitcoin mining profitability has dropped down to just 2020 levels, here are some reasons behind this trend. Bitcoin Daily Miner Revenues Declined Almost 10% In Last Week Alone As per the latest weekly report from Arcane Research, BTC miners are now making just $17.9 million per day, the lowest since November 2020.

Bitcoin Dips as Fed Again Raises Interest Rates to Combat Inflation

Source: Decrypt

Date: Wed, 21 Sep 2022 14:32:10

Volatility hits the crypto market as the Fed once again ups interest rates.

 

ETHEREUM (ETH)

Current Price: $ 1,315.48 (24h Changes: -2.85 %)

Current Market Cap: $ 158,670,223,249 (24h Changes: -2.87 %)

Positive News

Colorado Becomes the First US State Accepting Taxes in BTC and ETH: Report

Source: CryptoPotato

Date: Wed, 21 Sep 2022 15:42:38

Colorado's law makers joined forces with PayPal to allow residents pay their taxes in BTC, ETH, LTC, and BCH.

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

Source: Cointelegraph

Date: Wed, 21 Sep 2022 15:09:02

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

The Most Sustainable Cryptocurrency to Buy in 2022

Source: Cryptonews

Date: Wed, 21 Sep 2022 11:53:00

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

Neutral News

What's Next for Ethereum's Evolution?

Source: Coindesk

Date: Wed, 21 Sep 2022 13:10:28

Celo co-founder Marek Olszewski joins “First Mover” a week after the Ethereum Merge to discuss the network's future development and obstacles in crypto's mainstream adoption. Plus, key takeaways from his conversation with Ethereum co-founder Vitalik Buterin on energy consumption.

Ethereum Merge Puts Spotlight On Potential Centralization Issues

Source: Bitcoinist

Date: Wed, 21 Sep 2022 13:00:06

The Ethereum Merge has been successfully completed and the network has been operating on a proof of stake mechanism for about a week now. The success of the upgrade has been lauded by many in the community who have praised the resourcefulness and the innovation of the Ethereum developers.

Drastic Change In Ethereum Whale Holdings After Merge: What It Means?

Source: Coingape

Date: Wed, 21 Sep 2022 12:38:29

The Ethereum Merge has not just brought about a change in the blockchain network architecture but also trading behavior. The much anticipated Merge event sparked a debate on reliability of proof of stake in comparison with proof of work consensus.

Negative News

Ethereum: Merge bloodshed couldn't deter these weak macro benefits

Source: AMBCrypto

Date: Wed, 21 Sep 2022 15:30:03

Ethereum, the largest altcoin is down by 25% over the past seven days. Clearly, the much-hyped Merge narratives failed to work their ‘expected' charm.

Bitcoin Bull Max Keiser Blasts Ethereum As A ‘Centralized Ponzi Scheme' As ETH's Supply Increases Post-Merge

Source: Zycrypto

Date: Wed, 21 Sep 2022 12:48:16

One of Bitcoin's most vocal advocates, Max Keiser, has once again criticized ethereum in the wake of the much-anticipated upgrade to the world's second-largest crypto by market value.

Why ETH Collapsed Below $15K? Experts Explain

Source: Crypto Economy

Date: Wed, 21 Sep 2022 10:01:54

The hype around Ethereum Merge has subsided triggering a massive ETH sell-off.

 

BINANCE (BNB)

Current Price: $ 268.46 (24h Changes: -0.14 %)

Current Market Cap: $ 43,832,936,016 (24h Changes: -0.11 %)

Positive News

BNB Rebounds as Price Faces $300 Level

Source: Inside Bitcoins

Date: Wed, 21 Sep 2022 11:09:18

The Binance Coin price prediction shows that BNB is moving sideways with the short-term outlook getting ready for the upward movement.

Neutral News

Top Crypto Trending Today 21 September: ETH, ETC, CAKE, BTC, ETHw, SHIB, TAMA, XRP, BNB, HNT

Source: Cryptonews

Date: Wed, 21 Sep 2022 05:39:00

The cryptocurrency market is down again today after a modest rebound yesterday. Its total cap stands at $959 billion, down by 1.6% in the past 24 hours and by 6.5% in the last seven days. Its subdued state is largely the result of ongoing negative investor sentiment with regards to rising interest rates, with the Federal Reserve likely to hike its base rate yet again today. 

 

CARDANO (ADA)

Current Price: $ 0.44 (24h Changes: -0.22 %)

Current Market Cap: $ 15,027,012,586 (24h Changes: -0.16 %)

Positive News

Cardano's (ADA) Upcoming Vasil Hard Fork Expected to Improve Scalability

Source: CrowdFundInsider

Date: Wed, 21 Sep 2022 15:43:15

Vasil is an enhancement of the Cardano platform, “improving scalability and lowering transaction costs” It improves on the Plutus smart contract platform, “allowing developers to deploy more complex smart contracts,” according to an update shared by Poloniex.

Cardano: Exchanges Now Ready for Vasil Upgrade

Source: UToday

Date: Wed, 21 Sep 2022 15:42:00

Crypto exchanges have reached full readiness for the Vasil upgrade, which is expected to take place tomorrow

Cardano's Vasil Hardfork Launches Tomorrow. Here's What You Need to Know

Source: Crypto Briefing

Date: Wed, 21 Sep 2022 13:12:51

Cardano is set to undergo its much anticipated Vasil hardfork over a period of five days, starting on September 22.

Neutral News

Cardano's Vasil Hard Fork Comes Tomorrow. Here's What to Know.

Source: Investorplace

Date: Wed, 21 Sep 2022 14:41:52

Cardano is about to undergo its biggest upgrade thus far via its Vasil hard fork. However, don't expect your ADA investment to go soaring.

How to Play Cardano Ahead of the Sept. 22 Hard Fork

Source: Investorplace

Date: Wed, 21 Sep 2022 10:47:17

Even as Cardano's founder issues a warning about crypto, a crucial upgrade could take ADA to the next level.

How Flasko (FLSK) Could Become a Top Twenty Crypto in 2023 Over Cardano (ADA) And Solana (SOL)

Source: CoinPedia

Date: Wed, 21 Sep 2022 06:46:59

Crypto whales are big players in the market. They always look for new investments that are stable, secure, and profitable. Flasko (FLSK), Solana (SOL), and Cardano (ADA) are the top three cryptocurrency initiatives that spark the interest of many crypto whales.

 

 

RIPPLE (XRP)

Current Price: $ 0.41 (24h Changes: -0.78 %)

Current Market Cap: $ 20,204,074,317 (24h Changes: -0.78 %)

Positive News

How This Ripple Partnership Will Expand The Use Of XRP For Treasury Payments

Source: Bitcoinist

Date: Wed, 21 Sep 2022 14:42:51

Payment company Ripple is expanding the use cases for its On Demand Liquidity (ODL) solution, according to a press release. The company will enable its partner I-Remit to improve its treasury funds flow and management.

Ripple (XRP) Jumps Highest in 16 Weeks, Here Is Why

Source: Dailycoin

Date: Wed, 21 Sep 2022 13:00:11

Ripple (XRP) bulls have returned to the crypto market ahead of Fed's rate hike announcement.

Top Crypto Analyst Predicts Rally for XRP, Maps Out What's Next for Ethereum and One Additional Altcoin

Source: The Daily Hodl

Date: Wed, 21 Sep 2022 12:55:14

A crypto strategist who continues to build a following with timely altcoin calls is outlining what's in store for three digital assets including XRP and Ethereum (ETH).

Neutral News

Both Parties Appeal for Quicker Judgement in the XRP vs SEC Case

Source: Inside Bitcoins

Date: Wed, 21 Sep 2022 12:21:51

Cryptocurrencies have been looked at critically by several major financial institutions for a long time.

Global XRP Sales To land Under SEC Jurisdiction?

Source: Coingape

Date: Wed, 21 Sep 2022 10:39:01

The US SEC is filing multiple lawsuits over digital assets and related firms in an attempt to extend its jurisdiction over the industry. However, long running Ripple lawsuit has grabbed every expert's eyeball, since both parties filed for Summary Judgment in the case.

Ripple's general counsel blasts SEC chair, asking who appointed him ‘crypto cop'

Source: Finbold

Date: Wed, 21 Sep 2022 09:14:42

The Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector, which, according to

Negative News

Ripple Calls Out Another "Transparent Attempt" to Delay Case on Part of SEC

Source: UToday

Date: Wed, 21 Sep 2022 06:16:00

Ripple voiced its opposition to SEC's suggestion in court filing

XRP Lawsuit: Ripple condemns latest SEC reaction to amici

Source: AMBCrypto

Date: Wed, 21 Sep 2022 04:30:11

The two parties have locked horns again in the XRP Lawsuit. Ripple's legal team has objected to the SEC's take on the Chamber of Digital Commerce amicus briefs.

 

SOLANA (SOL)

Current Price: $ 31.42 (24h Changes: -1.33 %)

Current Market Cap: $ 11,132,701,620 (24h Changes: -1.43 %)

Positive News

Revolut Increases US Crypto Offering, Adds 29 Tokens Including DOGE

Source: Crypto news

Date: Wed, 21 Sep 2022 11:48:37

According to reports, the Neobank, Revolut has increased its crypto offerings in the United States. By partnering with Apex Crypto, Revolut has added over 29 more tokens, including Dogecoin, to its existing crypto offerings.

Revolut Adds Support for 29 New Tokens to Serve US Customers

Source: Coinspeaker

Date: Wed, 21 Sep 2022 11:02:26

Coinspeaker Revolut Adds Support for 29 New Tokens to Serve US Customers

FastAF partners with Solana-based NFT project Degen Apes as part of token-gated merch drop

Source: The Block

Date: Wed, 21 Sep 2022 08:00:24

The partnership provides a token-gated use case for the first Solana-based project to net a sale over $1 million.  The post FastAF partners with Solana-based NFT project Degen Apes as part of token-gated merch drop appeared first on The Block.

Neutral News

Solana: new report on the carbon footprint of blockchain

Source: The Cryptonomist

Date: Wed, 21 Sep 2022 09:00:34

The third edition on the energy impact dated September 2022

How Flasko (FLSK) Could Become a Top Twenty Crypto in 2023 Over Cardano (ADA) And Solana (SOL)

Source: CoinPedia

Date: Wed, 21 Sep 2022 06:46:59

Crypto whales are big players in the market. They always look for new investments that are stable, secure, and profitable. Flasko (FLSK), Solana (SOL), and Cardano (ADA) are the top three cryptocurrency initiatives that spark the interest of many crypto whales.

$SOL: Real Vision CEO Raoul Pal Says in Next Cycle His Bet Is ‘Really on Solana'

Source: CryptoGlobe

Date: Wed, 21 Sep 2022 04:56:49

Recently, former Goldman Sachs executive Raoul Pal explained why he is so bullish on $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions.

Negative News

Solana (SOL) Price Analysis: Bulls Struggle To Clear This Key Hurdle

Source: LiveBitcoinNews

Date: Wed, 21 Sep 2022 03:48:08

Solana price started a fresh decline from the $35.00 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours).

 

AVALANCHE (AVAX)

Current Price: $ 16.84 (24h Changes: -0.12 %)

Current Market Cap: $ 4,982,887,669 (24h Changes: -0.09 %)

Positive News

Layer 2 solution Boba Network integrates with Avalanche

Source: The Block

Date: Wed, 21 Sep 2022 12:00:37

 Layer-2 scaling solution Boba Network has expanded its support to the Avalanche blockchain. The post Layer 2 solution Boba Network integrates with Avalanche appeared first on The Block.

Boba Network Launches First Layer 2 Solution on Avalanche

Source: InvestingCube

Date: Wed, 21 Sep 2022 12:00:00

Boba Network has become the first Layer 2 scaling solution on Avalanche. We discuss what the integration brings to users and developers.

The Most Sustainable Cryptocurrency to Buy in 2022

Source: Cryptonews

Date: Wed, 21 Sep 2022 11:53:00

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

Negative News

Avalanche price analysis: Bears force AVAX into a short-term downswing to $16.81

Source: Cryptopolitan

Date: Wed, 21 Sep 2022 07:22:46

Recent Avalanche price analysis shows that the bears have forced AVAX into a short-term downswing. The price is currently trading at $16.81 and it looks like it may continue to fall further in the near term.

Chiliz (CHZ) and Avalanche (AVAX) Braced for Volatility Following Japan DMM Bitcoin Listing

Source: BeInCrypto

Date: Wed, 21 Sep 2022 07:00:00

Chiliz (CHZ) has been retracing since creating a short-term bearish pattern, but the long-term trend remains bullish. Avalanche (AVAX) has yet to show any bullish reversal signs.

 

NEAR (NEAR)

Current Price: $ 3.74 (24h Changes: -4.61 %)

Current Market Cap: $ 2,941,038,397 (24h Changes: -4.43 %)

Positive News

Pantera CEO Says NEAR and Two Ethereum-Based Projects Showing Strength, Predicts Billions of New Crypto Users Will Arrive

Source: The Daily Hodl

Date: Wed, 21 Sep 2022 15:00:46

Pantera Capital CEO Dan Morehead says that three overlooked crypto projects are showing impressive strength in the face of an overall downtrend in the digital asset markets.

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Maria Shalabaieva

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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