What Happens To L1 Tokens Today? (24 Aug 2022, Tuesday)


"What happens to crypto today?" is a crypto news curator that curates high-quality and insightful crypto news for you daily.

BITCOIN (BTC)

Current Price: $ 21,357 (24h Changes: -0.44 %)

Current Market Cap: $ 407,552,071,819 (24h Changes: -0.21 %)

Positive News

A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming 'buy'

Source: Cointelegraph

Date: Tue, 23 Aug 2022 16:38:01

Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued.

Top 5 Best Crypto to Buy/invest In Reddit 2022

Source: Inside Bitcoins

Date: Tue, 23 Aug 2022 16:19:08

Reddit is a popular internet news and content-rating website, and we will reveal the Top 5 Best Crypto to Buy/Invest In Reddit.

$BTC: A Weaker U.S. Dollar Allows Bitcoin and Rest of the Crypto Market to Move Higher

Source: CryptoGlobe

Date: Tue, 23 Aug 2022 15:01:13

Although the U.S. Dollar Index (DXY) surged to 109.22 — its highest level in over two decades — earlier today, since then it has dropped to 108.60, thereby allowing stocks and crypto to get some badly needed oxygen. Wikipedia says the U.S. Dollar Index” (DXY)—which is designed, maintained, and published by ICE (Intercontinental Exchange, Inc.

 

Neutral News

Bitcoin mining stock report: Tuesday, August 23

Source: The Block

Date: Tue, 23 Aug 2022 16:45:06

Here's how crypto mining companies performed on Tuesday, August 23. The post Bitcoin mining stock report: Tuesday, August 23 appeared first on The Block.

7 Cryptos to Watch Amid Digital Assets' Sudden Drop

Source: Investorplace

Date: Tue, 23 Aug 2022 16:21:36

Though cryptos have enjoyed significant momentum over the past several weeks, recent weariness may be a cause for concern.

Bitcoin Holds Above $21K; Coinbase CEO Addresses Crypto Winter

Source: Coindesk

Date: Tue, 23 Aug 2022 14:03:28

Bitcoin (BTC) is holding firmly above $21,000 as crypto investors await comments from Federal Reserve Chair Jerome Powell on Friday. OANDA Senior Market Analyst Edward Moya joins "All About Bitcoin" to discuss.

 

Negative News

Why The Crypto Market Looks Unhealthy With Bitcoin At $21K, Expert Says

Source: NewsBTC

Date: Tue, 23 Aug 2022 16:51:10

Bitcoin and the crypto market continued to move sideways over the past week after recording important losses during the weekend. Despite the short-term bearish price action, there seems to be more appetite for risk in the sector as market participants allocate more capital to altcoins.

Here's the Worst-Case Scenario for Bitcoin (BTC) in 10 Years, According to Macro Guru Raoul Pal

Source: The Daily Hodl

Date: Tue, 23 Aug 2022 16:00:37

Real Vision CEO Raoul Pal says that Bitcoin (BTC) can still erupt en route to outperforming other asset classes in the next 10 years even in his worst-case scenario.

Bitcoin (BTC) Flying Out of Exchanges As HODLers Lose Faith In Centralized Entities: Crypto Insights Firm

Source: The Daily Hodl

Date: Tue, 23 Aug 2022 15:55:45

Arcane Research says that investors are moving their Bitcoin (BTC) out of exchanges as crypto users increasingly prefer holding their own digital assets. In a new report, the crypto insights firm says that the benchmark digital asset has been flowing out of exchanges for seven of the past eight months of 2022.

 

ETHEREUM (ETH)

Current Price: $ 1,637.82 (24h Changes: 1.84 %)

Current Market Cap: $ 196,390,225,608 (24h Changes: 2.13 %)

Positive News

Nexo CEO Says Ethereum (ETH) ‘Could Go Much Higher' in Coming Months Under These Conditions

Source: The Daily Hodl

Date: Tue, 23 Aug 2022 17:00:45

The co-founder and CEO of Nexo, Antoni Trenchev, is expressing bullish sentiment on Ethereum (ETH). Trenchev says in a CNBC interview that the price of the second-largest crypto asset is setting up for a possible surge following the upcoming Ethereum upgrade next month.

Top 5 Best Crypto to Buy/invest In Reddit 2022

Source: Inside Bitcoins

Date: Tue, 23 Aug 2022 16:19:08

Reddit is a popular internet news and content-rating website, and we will reveal the Top 5 Best Crypto to Buy/Invest In Reddit.

Why Ethereum, Polkadot, and Dogecoin Are Rallying Nicely Today

Source: The Motley Fool

Date: Tue, 23 Aug 2022 15:51:40

These three large-cap projects are taking a break from a sell-off today.

 

Neutral News

Dogecoin, Ethereum, XLM Price Analysis: 23 August

Source: AMBCrypto

Date: Tue, 23 Aug 2022 17:00:02

While the broader market is still stuck in a slump, the global cryptocurrency market cap, at press time, was above the $1 trillion mark with a 0.64% decline over the last day. Bitcoin's price dipped by 10.52% over the last seven days as the world's most popular cryptocurrency was trading at $21,426 during press time.

7 Cryptos to Watch Amid Digital Assets' Sudden Drop

Source: Investorplace

Date: Tue, 23 Aug 2022 16:21:36

Though cryptos have enjoyed significant momentum over the past several weeks, recent weariness may be a cause for concern.

Binance Offering One Month of Fee-Free ETH/BUSD Trading

Source: PYMNTS

Date: Tue, 23 Aug 2022 16:03:19

Cryptocurrency trading platform Binance will begin offering a month of zero-fee trading for the ETH/BUSD spot trading pair, the company announced Tuesday (Aug. 23). According to the announcement, the offer will go into effect at 12 AM UTC on Aug. 26 and end on Sept.

 

Negative News

Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs

Source: CryptoSlate

Date: Tue, 23 Aug 2022 17:22:16

Jason Stone of KeyFi filed a lawsuit against Celsius, claiming that Celsius owed KeyFi “millions of dollars,” and now Celsius returned fire by suing KeyFi and Jason Stone for the mismanagement and theft of client funds. The post Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs appeared first on CryptoSlate.

SudoRare Vanishes From the Internet, Taking 519 ETH Worth Almost $1 Million

Source: Crypto news

Date: Tue, 23 Aug 2022 16:56:05

Automated market maker (AMM) SudoRare has reportedly stolen 519 ETH, worth about $985K at current market prices.

As Censorship on Ethereum Begins, Could This Open-Sourced Code Help Counter It?

Source: Coindesk

Date: Tue, 23 Aug 2022 15:52:06

Flashbots' accelerated code release comes amid U.S. regulatory crackdown on crypto mixer Tornado Cash for sanctions violations.

 

BINANCE (BNB)

Current Price: $ 295.91 (24h Changes: -0.71 %)

Current Market Cap: $ 48,198,606,646 (24h Changes: -0.47 %)

Positive News

WAM Selected by BNB Chain Hits New Record of 43K Daily Users

Source: Coinspeaker

Date: Tue, 23 Aug 2022 10:12:29

Coinspeaker WAM Selected by BNB Chain Hits New Record of 43K Daily Users

Top 5 Altcoin Projects Expected to Make Headlines in the 2nd Half of 2022?

Source: Crypto news

Date: Tue, 23 Aug 2022 07:03:51

It has been a rough ride in the crypto markets for the better half of 2022. January marked the top of the bull run and the onset of the bear market for bitcoin and other digital assets.

 

Neutral News

Which Cryptocurrency will be number 3 behind Bitcoin and Ethereum?

Source: CryptoTicker

Date: Tue, 23 Aug 2022 11:07:49

Which cryptocurrency will be number 3? Let's analyze cryptocurrencies that could take third place behind Bitcoin and Ethereum in the future.

 

Negative News

Binance Coin Price Prediction for Today, August 23: BNB Holds Declines

Source: Inside Bitcoins

Date: Tue, 23 Aug 2022 11:35:42

Binance Coin Price Prediction – August 23It has been that Binance Coin holds fewer declines in its valuation against the trading worth of the US

 

CARDANO (ADA)

Current Price: $ 0.46 (24h Changes: -0.29 %)

Current Market Cap: $ 15,481,447,540 (24h Changes: -0.12 %)

Positive News

The 3 Cheapest Cryptos You Can Buy That Actually Have Potential

Source: Investorplace

Date: Tue, 23 Aug 2022 16:41:13

Those searching for the cheapest cryptos with upside potential may want to consider these three options in the current environment.

Cardano (ADA) Beats PayPal, Netflix & YouTube In Annual Energy Efficiency

Source: Zycrypto

Date: Tue, 23 Aug 2022 15:53:20

According to the graphical representation, Cardano consumes only

Trading Bot Known for Beating Crypto Markets Allocates to Solana (SOL), Cardano (ADA), and One More ETH Rival

Source: The Daily Hodl

Date: Tue, 23 Aug 2022 14:05:55

A trading robot that's garnered a reputation for outperforming the markets is unveiling its newest portfolio allocations as most cryptocurrencies try to recover from a week-long slump. Every week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments that generate a “hive mind” consensus.

 

Neutral News

7 Cryptos to Watch Amid Digital Assets' Sudden Drop

Source: Investorplace

Date: Tue, 23 Aug 2022 16:21:36

Though cryptos have enjoyed significant momentum over the past several weeks, recent weariness may be a cause for concern.

Cardano Creator Addresses Criticism About "Hush-Hush" Culture

Source: UToday

Date: Tue, 23 Aug 2022 16:09:00

Charles Hoskinson says that complex technical discussions should be kept off toxic social media platforms, but some community members disagree

Cardano (ADA) price prediction for September 2022

Source: Invezz

Date: Tue, 23 Aug 2022 13:40:11

Cardano ADA/USD has weakened from $0.59  to $0.43 since August 14, 2022, and the current price stands at $0.45. For now, bears control the price action, the critical support level stands at $0.40, and if the price breaks it, it could be the beginning of a bigger downtrend.

 

Negative News

Cardano Price Prediction: ADA Plummets After Failed Breakout

Source: InvestingCube

Date: Tue, 23 Aug 2022 10:20:06

A daily closure below the range lows of $0.42 would make Cardano price prediction very bearish. A break above $0.54 would flip ADA bullish.

Cardano (ADA) Price Analysis: Bears In Control Below $0.5

Source: LiveBitcoinNews

Date: Tue, 23 Aug 2022 05:58:42

ADA price failed to surpass the $0.600 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours).

Cardano price prediction: ADA is ripe of a major bearish breakout

Source: Invezz

Date: Tue, 23 Aug 2022 05:31:24

Cardano (ADA/USD) price resumed its bearish trend as investors the market volatility and the US dollar index rose. The coin dropped to a low of $0.4555, which was slightly below this month's high of $0.5958. As a result, its total market cap has slipped to about $15.

 

RIPPLE (XRP)

Current Price: $ 0.34 (24h Changes: 0.44 %)

Current Market Cap: $ 16,931,420,730 (24h Changes: 0.69 %)

Positive News

Top 5 Best Crypto to Buy/invest In Reddit 2022

Source: Inside Bitcoins

Date: Tue, 23 Aug 2022 16:19:08

Reddit is a popular internet news and content-rating website, and we will reveal the Top 5 Best Crypto to Buy/Invest In Reddit.

3 Cryptos Under $5 That Could Be the Next Big Thing

Source: Investorplace

Date: Tue, 23 Aug 2022 14:46:51

If you are banking on another bull rally in digital assets, these are $3 cryptos trading for less than $5 that you should consider.

XRP Trading Volume Spikes As Whale lead Accumulation

Source: Coingape

Date: Tue, 23 Aug 2022 09:20:09

XRP, Ripple's native token has emerged as one of the most favorite cryptos among the whales over the past 24 hours. Data depicts that whale accumulation has led to a major spike in its 24 hour trading volume.

 

Neutral News

7 Cryptos to Watch Amid Digital Assets' Sudden Drop

Source: Investorplace

Date: Tue, 23 Aug 2022 16:21:36

Though cryptos have enjoyed significant momentum over the past several weeks, recent weariness may be a cause for concern.

XRP Price Prediction: Ripple Price Action Bores Investors

Source: InvestingCube

Date: Tue, 23 Aug 2022 12:37:27

Our XRP price prediction depends on the direction of the breakout from the $0.30-$0.40 price range. Currently, Ripple is trading sideways.

XRP, ADA and SHIB Price Analysis: 23 August

Source: AMBCrypto

Date: Tue, 23 Aug 2022 12:00:38

Bitcoin has continued to trade near the $21k mark struggling to breach the $22k resistance level. Well, coins like ADA, XRP, and SHIB have followed suit.

 

SOLANA (SOL)

Current Price: $ 35.16 (24h Changes: -0.6 %)

Current Market Cap: $ 12,239,223,835 (24h Changes: -0.26 %)

Positive News

Trading Bot Known for Beating Crypto Markets Allocates to Solana (SOL), Cardano (ADA), and One More ETH Rival

Source: The Daily Hodl

Date: Tue, 23 Aug 2022 14:05:55

A trading robot that's garnered a reputation for outperforming the markets is unveiling its newest portfolio allocations as most cryptocurrencies try to recover from a week-long slump. Every week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments that generate a “hive mind” consensus.

Neutral News

Solana-based Projects Team Up to Make Cross-Chain Messaging Standard

Source: Coindesk

Date: Tue, 23 Aug 2022 12:00:55

Notifi Network, Bonfida and Only1 are leading a 19-member effort known as the \"Open Chat Alliance.\"

Which Cryptocurrency will be number 3 behind Bitcoin and Ethereum?

Source: CryptoTicker

Date: Tue, 23 Aug 2022 11:07:49

Which cryptocurrency will be number 3? Let's analyze cryptocurrencies that could take third place behind Bitcoin and Ethereum in the future.

2 cryptocurrencies you should consider buying – Youniverze and Solana

Source: The Cryptonomist

Date: Tue, 23 Aug 2022 09:17:15

The native token of the Youniverze ecosystem (YUNI) is known as YUNI and its main purpose is to pay for services and transactions in the ecosystem

 

Negative News

Solana price analysis: Bearish trend pulls SOL to $34.5 low

Source: Cryptopolitan

Date: Tue, 23 Aug 2022 03:24:59

The Solana price analysis is directing that the cryptocurrency has undergone loss once again during the last 24 hours. That is because the bears are once again powering through after a small bullish interruption.

 

AVALANCHE (AVAX)

Current Price: $ 23.12 (24h Changes: 1.57 %)

Current Market Cap: $ 6,569,228,053 (24h Changes: 1.93 %)

 

Positive News

Avalanche Price Analysis: This Bullish Formation Hints At 27% Gains

Source: Coingape

Date: Tue, 23 Aug 2022 08:47:39

The Avalanche price analysis shows a probable bounce bank in the price for the day. The price is trading in the green for the past few hours.

Avalanche price analysis: AVAX obtains positive momentum at $22.6

Source: Cryptopolitan

Date: Tue, 23 Aug 2022 07:27:43

Today's Avalanche price analysis shows a partial bearish trend gaining momentum with further bullish possibilities. AVAX/USD is currently trading at $22.6, up 1.62% in the past 24 hours, with a trading volume of $427,798,274.

Top 5 Altcoin Projects Expected to Make Headlines in the 2nd Half of 2022?

Source: Crypto news

Date: Tue, 23 Aug 2022 07:03:51

It has been a rough ride in the crypto markets for the better half of 2022. January marked the top of the bull run and the onset of the bear market for bitcoin and other digital assets.

 

NEAR (NEAR)

Current Price: $ 4.26 (24h Changes: 1.79 %)

Current Market Cap: $ 3,268,322,851 (24h Changes: 2.06 %)

Positive News

Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak

Source: Bitcoin

Date: Tue, 23 Aug 2022 12:00:33

Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today's surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines.

 

Neutral News

How a Hacker Lost His ETH While Attacking Rainbow Bridge

Source: CryptoPotato

Date: Tue, 23 Aug 2022 13:25:27

Aurora Labs' security system warded off yet another bridge attack, slashing the attacker of $8,000 worth of ETH in the process.

Near's Rainbow Bridge Blocks Another Attack, Costing Hackers 5 Ethereum

Source: Decrypt

Date: Tue, 23 Aug 2022 05:34:14

The Rainbow Bridge hack over the weekend saw funds returned in 31 seconds with no harm to users, but the attackers lost 5 Ethereum in the process.

NEAR Rainbow Bridge Turns Tables On Hacker, Foils Weekend Attack

Source: Crypto Daily

Date: Tue, 23 Aug 2022 04:35:00

Aurora Labs CEO Alex Shevchenko revealed on Monday that the NEAR-ETH Rainbow bridge was the target of a hacking attempt over the weekend.  However, protocols put in place successfully defended the bridge against the hacker while user funds remained secure.

 

Negative News

Near Bridge Rainbow Repels Second Attempted Crypto Hack

Source: Investorplace

Date: Tue, 23 Aug 2022 11:52:33

In a welcome change from the recent norm, Near bridge Rainbow has successfully repelled an attempted hack thanks to its security priorities.

Crypto Markets Stabilize After Steep Weekly Declines, Traders Show Near-Term Bearish Bias

Source: Coindesk

Date: Tue, 23 Aug 2022 08:46:53

Bitcoin could slide to “summer lows near $18,700,” one trader said.

Hackers Lose 5 Ether While Trying to Attack Near Protocol's Rainbow Bridge

Source: Coindesk

Date: Tue, 23 Aug 2022 08:08:14

Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge.

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
What Happens To Crypto Today?

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