What Happens To L1 Tokens Today? (24 Sep 2022, Saturday)

What Happens To L1 Tokens Today? (24 Sep 2022, Saturday)


"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: $ 18,948.95 (24h Changes: -2.76 %)

Current Market Cap: $ 360,686,347,304 (24h Changes: -1.96 %)

Positive News

Central Bank Of Russia Approves Bitcoin, Ethereum, Others, For Cross-Border Payments

Source: Bitcoinist

Date: Fri, 23 Sep 2022 13:00:43

Russia has been leaning towards cryptocurrencies such as Bitcoin and Ethereum in recent times. Sanctions against the country since it began its evasion of Ukraine had piled up, and the government had begun to turn to crypto to circumvent these sanctions.

MicroStrategy Doubles Down on Bitcoin, Scoops Up $6,000,000 in BTC Amid the Sputtering Crypto Market

Source: The Daily Hodl

Date: Fri, 23 Sep 2022 12:55:58

MicroStrategy continues to buy Bitcoin (BTC) despite the recent volatility in price, scooping up another 301 of the leading crypto asset. The software company says it purchased the tokens for about $6 million in cash at an average cost of $19,851 per Bitcoin, according to a recent filing with the U.S.

Bitcoin miner Iris Energy inks $100 million share purchase deal with B. Riley

Source: The Block

Date: Fri, 23 Sep 2022 10:51:01

Bitcoin miner Iris Energy has struck an equity purchase deal worth $100 million with investment banking firm B. Riley. The post Bitcoin miner Iris Energy inks $100 million share purchase deal with B. Riley appeared first on The Block.

Neutral News

B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy

Source: Cointelegraph

Date: Fri, 23 Sep 2022 15:30:00

Iris Energy's filing suggested the company planned to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers.

Crypto Trader Predicts XRP Could Erupt by Over 80%, Updates Outlook on Bitcoin (BTC) and Two Altcoins

Source: The Daily Hodl

Date: Fri, 23 Sep 2022 15:00:22

A widely followed crypto analyst is predicting a massive surge for Ethereum (ETH) competitor XRP while updating his outlook on Bitcoin (BTC) and two other altcoins. Pseudonymous trader Altcoin Sherpa tells his 183,000 Twitter followers that XRP should rise to $0.60 before ultimately shooting up to $0.87. “XRP: Go to $0.60 and then $0.

Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Date: Fri, 23 Sep 2022 14:57:49

The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week.

Negative News

Bitcoin Mining Firm Compute North Files Bankruptcy

Source: TheNewsCrypto

Date: Fri, 23 Sep 2022 15:38:18

Back in April, the firm said that work had begun on a Granbury, Texas, co-location plant. Compute North has at

Why Bitcoin, Ethereum Are Getting Hammered Friday

Source: Benzinga

Date: Fri, 23 Sep 2022 15:14:27

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading lower by 3.96% to $18,630 and 3.29% to $1,283 Friday afternoon. Cryptocurrencies at large are falling in sympathy with U.S. markets as investors react to the Fed's Wednesday decision to hike rates by 75 bps.

Bitcoin Slips Below $19,000 as Dow Tumbles to New 2022 Low

Source: UToday

Date: Fri, 23 Sep 2022 15:08:00

The Bitcoin price is trading below the $19,000 level once again, with macro headwinds remaining front and center

 

ETHEREUM (ETH)

Current Price: $ 1,299.17 (24h Changes: -2.6 %)

Current Market Cap: $ 156,770,309,081 (24h Changes: -2.52 %)

Positive News

Ethereum 2.0 Deposit Contract Hits New All-Time High of 13.9M ETH

Source: BeInCrypto

Date: Fri, 23 Sep 2022 14:00:00

Ethereum and the larger market continued to see red signals in terms of price after witnessing short-term gains. However, despite the cautionary tales and price headwinds, stakers and holders continued to build the post-Merge Ethereum castle.

3 Cryptos to Buy on the Dip, or You'll be Kicking Yourself Later

Source: Investorplace

Date: Fri, 23 Sep 2022 11:57:09

Here are three top cryptos to buy on the dip for long-term growth as investors look for more attractive valuations in this current market.

Neutral News

Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Date: Fri, 23 Sep 2022 14:57:49

The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week.

How Much Energy Will the Ethereum “Merge” Save?

Source: LiveBitcoinNews

Date: Fri, 23 Sep 2022 11:00:49

Ethereum – the world's second largest digital currency by market cap and the number one competitor to bitcoin – allegedly experienced its turn from proof of work (PoW) to proof of stake (PoS) just over a week ago.

Ethereum Completes the Merge Upgrade: Has It Affected the Network's Inflation? 

Source: Crypto news

Date: Fri, 23 Sep 2022 10:46:06

Ethereum completed a major network upgrade, marking the crypto world's most ambitious software upgrade to date and paving the way for changes that could fuel increased commercial blockchain usage.

Negative News

Ether falls 20% in a week, and Ripple CEO slams SEC over XRP lawsuit: CNBC Crypto World

Source: CNBC Television

Date: Fri, 23 Sep 2022 15:37:22

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, Ripple CEO Brad Garlinghouse discusses the latest on the XRP lawsuit and his expansion ambitions.

Why Bitcoin, Ethereum Are Getting Hammered Friday

Source: Benzinga

Date: Fri, 23 Sep 2022 15:14:27

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading lower by 3.96% to $18,630 and 3.29% to $1,283 Friday afternoon. Cryptocurrencies at large are falling in sympathy with U.S. markets as investors react to the Fed's Wednesday decision to hike rates by 75 bps.

SEC Ethereum Lawsuit Asserts Control Over Most Crypto Blockchains

Source: PYMNTS

Date: Fri, 23 Sep 2022 14:54:56

Earlier this week, the Securities and Exchange Commission (SEC) buried a very broad and very big jurisdiction claim 69 paragraphs down in a lawsuit about a 2018 initial coin offering (ICO) it claimed was an unregistered securities offering. The case involves an ICO for SPRK tokens issued by the Sparkster blockchain project.

 

BINANCE (BNB)

Current Price: $ 273.2 (24h Changes: -1.08 %)

Current Market Cap: $ 44,335,402,977 (24h Changes: -0.44 %)

Positive News

ETH & BNB Price To See Short-Term Rally, While This Altcoin Can Spike 100% In Coming Days

Source: CoinPedia

Date: Fri, 23 Sep 2022 04:44:11

A renowned crypto expert is portraying his bullish stance towards a lesser-known altcoin along with giving a target price for Binance Coin (BNB) and Ethereum (ETH). The analyst who is anonymously known as Crypto Capo informs his 536,000 followers over Twitter that Reserve Rights (RSR) is all set to spike 165% from its current rate.

Neutral News

Crypto Price Analysis September-23: Ethereum, Ripple, Cardano, Solana, and Binance Coin

Source: CryptoPotato

Date: Fri, 23 Sep 2022 06:54:14

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum's merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days.

 

CARDANO (ADA)

Current Price: $ 0.46 (24h Changes: -1.6 %)

Current Market Cap: $ 15,431,758,190 (24h Changes: -0.97 %)

Positive News

Cardano: Vasil's success talk and what investors should expect now

Source: AMBCrypto

Date: Fri, 23 Sep 2022 12:00:12

On 22 September, at 9:44 p.m. UTC, the Cardano Vasil Hard Fork upgrade went live.

3 Cryptos to Buy on the Dip, or You'll be Kicking Yourself Later

Source: Investorplace

Date: Fri, 23 Sep 2022 11:57:09

Here are three top cryptos to buy on the dip for long-term growth as investors look for more attractive valuations in this current market.

Cardano Needs One More Upgrade Before Vasil Improvements Are Completed

Source: BeInCrypto

Date: Fri, 23 Sep 2022 10:00:00

The new capabilities of Cardano's (ADA) recent Vasil upgrade will become available for developers on mainnet on Sept. 27. The post Cardano Needs One More Upgrade Before Vasil Improvements Are Completed appeared first on BeInCrypto.

Neutral News

2023 Price Predictions: ApeCoin (APE) vs. Cardano (ADA)

Source: Crypto Daily

Date: Fri, 23 Sep 2022 10:00:00

We take a look at the 2023 price prediction of APE and ADA. Is ApeCoin a good investment?

Cardano runs into a resistance zone, can ADA traders anticipate a pullback

Source: AMBCrypto

Date: Fri, 23 Sep 2022 09:30:58

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Vasil upgrade was announced to be a success by IOHK.

Negative News

Cardano (ADA) Price Reacts Poorly To Vasil Hard Fork

Source: NewsBTC

Date: Fri, 23 Sep 2022 13:00:58

The Cardano Vasil hard fork had been expected for months, and finally, it is a reality. The hard fork had proceeded according to schedule, and by Thursday, September 22nd, the hard fork was live on the network.

 

RIPPLE (XRP)

Current Price: $ 0.49 (24h Changes: -0.71 %)

Current Market Cap: $ 24,136,137,394 (24h Changes: 0.86 %)

Positive News

XRP Finally Breaks 527-Day Downtrend With A 53% Gain In 7 Days As Ripple Edges On Against SEC

Source: Zycrypto

Date: Fri, 23 Sep 2022 15:02:58

XRP has finally broken out of the massive downtrend it was caught in after 527 days, as a gain of over 54% is seen in just a week.

XRP Jumps 44% in a Week After Ripple Moves to Dismiss SEC Lawsuit

Source: Decrypt

Date: Fri, 23 Sep 2022 14:41:50

Both the SEC and Ripple have filed motions for summary judgment, each asking the judge to rule in their favor without a trial.

Two Crypto Assets Soar 40% or More in Just One Week, Far Outperforming Bitcoin and Ethereum

Source: The Daily Hodl

Date: Fri, 23 Sep 2022 14:05:34

Two altcoins are up by at least 40% this week while the two leading cryptos by market cap, Bitcoin (BTC) and Ethereum (ETH), stall. XRP and fan-engagement token Chiliz (CHZ) are up by 14% and 9%, respectively, in the last 24 hours alone.

Neutral News

XRP Crypto Price Prediction 2022 - How High Can Ripple Pump?

Source: Cryptonews

Date: Fri, 23 Sep 2022 15:28:00

XRP crypto has exponentially risen in price over the week soaring over 63% in value. The successful breakout has moved XRP up by one position and is now ranked #6 amongst other cryptocurrencies. 

SEC's Battle With Ripple Labs Nears Its End Following Parties Application For Summary Judgement

Source: Zycrypto

Date: Fri, 23 Sep 2022 15:02:58

Ripple Labs and the Securities and Exchange Commission have filed applications for summary judgement in the case that has lasted two years.  Both parties claim the Federal Judge has enough evidence at her disposal to make an immediate ruling.

Crypto Trader Predicts XRP Could Erupt by Over 80%, Updates Outlook on Bitcoin (BTC) and Two Altcoins

Source: The Daily Hodl

Date: Fri, 23 Sep 2022 15:00:22

A widely followed crypto analyst is predicting a massive surge for Ethereum (ETH) competitor XRP while updating his outlook on Bitcoin (BTC) and two other altcoins. Pseudonymous trader Altcoin Sherpa tells his 183,000 Twitter followers that XRP should rise to $0.60 before ultimately shooting up to $0.87. “XRP: Go to $0.60 and then $0.

Negative News

Ether falls 20% in a week, and Ripple CEO slams SEC over XRP lawsuit: CNBC Crypto World

Source: CNBC Television

Date: Fri, 23 Sep 2022 15:37:22

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, Ripple CEO Brad Garlinghouse discusses the latest on the XRP lawsuit and his expansion ambitions.

 

SOLANA (SOL)

Current Price: $ 32.47 (24h Changes: -1.88 %)

Current Market Cap: $ 11,320,963,042 (24h Changes: -0.15 %)

Positive News

3 Cryptos to Buy on the Dip, or You'll be Kicking Yourself Later

Source: Investorplace

Date: Fri, 23 Sep 2022 11:57:09

Here are three top cryptos to buy on the dip for long-term growth as investors look for more attractive valuations in this current market.

SolSwipe offers the first decentralized Solana Debit Card And Sells Out Its NFTs In Record Time

Source: CoinPedia

Date: Fri, 23 Sep 2022 10:06:32

SolSwipe protocol has announced the launch of its new decentralized debit card.

Helium To Migrate To Solana After Overwhelming Community Vote

Source: Crypto Daily

Date: Fri, 23 Sep 2022 08:00:00

Crypto wireless network Helium is officially ditching its own blockchain and moving to the Solana blockchain after a community vote.  The vote saw an overwhelming majority of over 80% vote in favor of moving to the Solana blockchain rather than sticking with the network's own blockchain.

Neutral News

Helium (HNT) Is Officially Migrating to Solana (SOL) Blockchain After Community Vote

Source: The Daily Hodl

Date: Fri, 23 Sep 2022 16:00:36

The decentralized wireless network Helium (HNT) is officially migrating to the Solana (SOL) blockchain after a community vote upheld the decision. The Helium Foundation announced on Thursday that its community approved the move by a majority 81.41% vote on Helium Improvement Proposal (HIP) 70.

OpenSea aims to automatically index Solana NFTs

Source: The Block

Date: Fri, 23 Sep 2022 09:44:45

NFT marketplace OpenSea said it would automatically index NFT collections created on the Solana blockchain. The post OpenSea aims to automatically index Solana NFTs appeared first on The Block.

Negative News

Solana price analysis: SOL/USD prices slip below $32.08 as market conditions turn bearish

Source: Cryptopolitan

Date: Fri, 23 Sep 2022 07:13:53

The Solana price analysis for today shows that the market conditions have turned bearish and prices have slipped below $32.08. The cryptocurrency has found some support at $31.68 but it remains to be seen if this will be enough to turn the tide in favor of the bulls.

 

AVALANCHE (AVAX)

Current Price: $ 17.61 (24h Changes: -1.18 %)

Current Market Cap: $ 5,174,086,517 (24h Changes: -0.67 %)

Positive News

An ‘Avalanche' of collaborations may act in favor of AVAX's price, here's how

Source: AMBCrypto

Date: Fri, 23 Sep 2022 03:30:43

Avalanche's token AVAX witnessed a spike in the development activity in the last week. This was accompanied by a surge in their smart contract deployments.

eCash (XEC) Up 4% – eCash Avalanche Mainnet Launch in Play

Source: Inside Bitcoins

Date: Fri, 23 Sep 2022 02:38:28

Despite the slowdown in the crypto currency market, the eCash (XEC) coin has managed to gain nearly 4% to $0.

Neutral News

Binance.US enables USDT on Polygon at Avalanche

Source: The Cryptonomist

Date: Fri, 23 Sep 2022 05:45:14

The news follows that of the BUSD autoconversion

 

NEAR (NEAR)

Current Price: $ 3.73 (24h Changes: -4.02 %)

Current Market Cap: $ 2,910,383,668 (24h Changes: -3.04 %)

Neutral News

Global Crypto Exchange PayBito Adds TRX, ALGO, and NEAR to its Asset List

Source: Benzinga

Date: Fri, 23 Sep 2022 03:00:00

The US-based global crypto exchange platform, PayBito has recently announced adding TRX, NEAR, and AGRO to its asset list for improving the trader's experience. PALO ALTO, Calif.

Negative News

The NEAR Wallet Has Been Down Again – These Are Some Worthy Alternatives

Source: Bitcoinist

Date: Fri, 23 Sep 2022 08:48:08

While the NEAR Wallet is a go-to option for many users of the NEAR Protocol, there are times when it experiences unplanned outages and technical issues. This is related to the fact that the NEAR Wallet is considered to be a legacy application that will soon serve a different purpose.

 

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

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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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