What Happens To L1 Tokens Today? (25 Aug 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.

BITCOIN (BTC)

Current Price: $ 21,721 (24h Changes: 0.86 %)

Current Market Cap: $ 415,690,408,240 (24h Changes: 0.63 %)

Positive News

Maya app surprises Philippine users with free Bitcoin giveaways

Source: Tokenpost

Date: Wed, 24 Aug 2022 14:07:57

It appears that Maya (formerly PayMaya), a payments app based in the Philippines, has been giving away Bitcoin (BTC) to its users in the past few days. Netizens became curious after a number of billboards have been popping up across the country instructing specific users to check their crypto wallets while some app users have reportedly confirmed receiving free Bitcoin giveaways.

Bitcoin Cash Price Prediction for Today, August 24: BCH Goes Northward

Source: Inside Bitcoins

Date: Wed, 24 Aug 2022 13:32:16

BCH Goes Northward – August 24A change has occurred in the downward-trending motions recently in the BCH/USD market operation as the crypto's price goes northward.

Natalie Brunell: This is What Made Me Go From Traditional Media to Full-Time Bitcoin (Interview)

Source: CryptoPotato

Date: Wed, 24 Aug 2022 13:05:31

Natalie Brunell is a former journalist in traditional media who's now turned full-time Bitcoin. In this episode, she tells us more about her story, what brought her to Bitcoin, and women in blockchain.

 

Neutral News

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Source: Cointelegraph

Date: Wed, 24 Aug 2022 14:36:40

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed's perspectives on inflation, interest rate hikes and the health of the economy are made public.

Here's What's Next for Bitcoin, Dogecoin and One Altcoin That's Up Over 130% in a Month: Top Crypto Analyst

Source: The Daily Hodl

Date: Wed, 24 Aug 2022 14:05:25

A popular analyst and trader is offering his outlook on three crypto assets amid volatility in the markets. Starting with the flagship crypto asset, pseudonymous analyst Altcoin Sherpa tells his 181,600 Twitter followers that Bitcoin (BTC) has established a short-term bottom just below the $21,000 level.

4,000 BTC Moved From Millionaire Crypto Address To Gemini

Source: Inside Bitcoins

Date: Wed, 24 Aug 2022 14:01:07

Leading on-chain analysis and tracking platform Whale Alert highlighted yesterday that an unknown crypto address moved 4,000 BTC worth over $86 million to Gemini.

 

Negative News

Bitcoin Transaction Fees Falls To Post-Pandemic Levels

Source: Bitcoinist

Date: Wed, 24 Aug 2022 15:00:01

Data shows the Bitcoin transaction fees has now fallen down to levels not seen since April 2020, which was right after when the pandemic began.

Evaluating if Bitcoin [BTC] can see a leg-down to $9k mark

Source: AMBCrypto

Date: Wed, 24 Aug 2022 13:30:54

Bitcoin's [BTC] struggle to surpass the current resistance level (around $21k) continue to see new dates. BTC made a few attempts to clear the $21,650 resistance but failed.

James Howells Has a New Plan to Find His Lost Bitcoin

Source: LiveBitcoinNews

Date: Wed, 24 Aug 2022 13:00:49

James Howells is a man who will do just about anything to get his lost bitcoins back. James Howells Is Really Eager to Find His Lost Funds About nine years ago, Howells accidentally discarded a zip drive that contained as many as 8,000 individual bitcoin units.

 

ETHEREUM (ETH)

Current Price: $ 1,682.55 (24h Changes: 1.55 %)

Current Market Cap: $ 202,130,729,920 (24h Changes: 1.44 %)

Positive News

Ethereum's Massive Upgrade Will Boost ETH Price, According to BitMEX Founder Arthur Hayes – But There's a Catch

Source: The Daily Hodl

Date: Wed, 24 Aug 2022 15:00:20

BitMEX founder Arthur Hayes says that Ethereum's (ETH) upcoming merge to a proof-of-stake consensus mechanism will boost its price. In a new blog post, Hayes says that he envisions Ethereum's price rising after its upgrade despite unfriendly US dollar (USD) liquidity conditions.

Crypto exchange Coinme adds ETH and five other cryptocurrencies to its crypto kiosks 

Source: The Block

Date: Wed, 24 Aug 2022 13:40:05

Individuals can purchase bitcoin, ethereum, litecoin, dogecoin, chainlink and polygon from Coinme-powered Coinstar machines. The post Crypto exchange Coinme adds ETH and five other cryptocurrencies to its crypto kiosks  appeared first on The Block.

What Investors Are Watching With Ethereum, as This Token Pushes Higher Today

Source: The Motley Fool

Date: Wed, 24 Aug 2022 13:08:27

The upcoming merge is a big deal, and investors have a lot to consider with this massive upgrade.

 

Neutral News

Monthly Ethereum options data suggests $2K will remain an elusive target

Source: Cointelegraph

Date: Wed, 24 Aug 2022 15:40:00

$1.27 billion in ETH options expire on August 26 and data signals that the price is likely to stay pinned under $2,000 until the Merge.

Ethereum Foundation Confirms Date for Long-Awaited Merge Upgrade

Source: Decrypt

Date: Wed, 24 Aug 2022 14:54:23

The network's developers have given dates for when the move to proof of stake will take place.

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Source: Cointelegraph

Date: Wed, 24 Aug 2022 14:36:40

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed's perspectives on inflation, interest rate hikes and the health of the economy are made public.

 

Negative News

Why Coinbase Might Be a Problem For Ethereum Merger?

Source: CoinPedia

Date: Wed, 24 Aug 2022 10:19:20

The Ethereum Merge has officially started with the ETH 2.0 client releasing Bellatrix and the Mainnet Update. The Ethereum 2.0 client Teku released a required update v22.8.1 for all Mainnet users in order to prepare them for the Merge. Essentially, the update contains the Bellatrix upgrade and Merge transition configuration.

Bearish Days Ahead For Bitcoin And Ethereum, Here Are The Levels To Watch!

Source: CoinPedia

Date: Wed, 24 Aug 2022 10:00:38

An analyst, anonymously known as Pentoshi, informs his 600,100 followers on Twitter that, according to his observations, Bitcoin has hit the $20,000 price area thrice in the last 30 days.  The analyst feels that this price level will either lead the rally to move forward or cause it to plunge down further.

BTC and ETH See Red Ahead of US Stats and the Jackson Hole Meet

Source: FXEmpire

Date: Wed, 24 Aug 2022 08:34:06

It has been a choppy morning for Bitcoin, Ethereum, and the wider crypto markets. As central bankers gather in Jackson Hole, US economic indicators and Fed chatter will influence.

 

BINANCE (BNB)

Current Price: $ 299.29 (24h Changes: 0.09 %)

Current Market Cap: $ 48,801,699,449 (24h Changes: 0.08 %)

Positive News

Valour Lists BNB ETP on German Stock Exchange Börse Frankfurt

Source: Coinfomania

Date: Wed, 24 Aug 2022 11:11:32

Valour Inc, a fintech company that focuses on bridging traditional capital markets with decentralized finance (DeFi) through exchange-traded products (ETP), has added Binance Coin (BNB) to its list of ETPs on Börse Frankfurt. Per the announcement, the new BNB ETP is now available for trading at the German stock exchange.

Valour's Binance Coin ETP to start trading on Germany's largest stock exchange

Source: Finbold

Date: Wed, 24 Aug 2022 05:38:58

Valour has announced the debut of its Binance Coin (BNB) Exchange-traded products (ETP) on Germany's largest exchange, Börse Frankfurt, with

A Small Investment In Uniglo (GLO), Ethereum Classic (ETC) And Binance Coin (BNB) Could Turn Into A Fortune

Source: Crypto Daily

Date: Wed, 24 Aug 2022 05:00:00

While many people make money in crypto because they put a lot of money into the space in the first place, what if you want to start small but hope for bigger gains further down the line? After all, not everyone can afford to put tons of cash into something that's still a high-risk investment.

 

Neutral News

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Source: Cointelegraph

Date: Wed, 24 Aug 2022 14:36:40

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed's perspectives on inflation, interest rate hikes and the health of the economy are made public.

 

CARDANO (ADA)

Current Price: $ 0.47 (24h Changes: 0.34 %)

Current Market Cap: $ 15,740,918,318 (24h Changes: 0.45 %)

Positive News

Cardano and Polygon Termed As “More Secure Than Solana” By Market Pundits

Source: Zycrypto

Date: Wed, 24 Aug 2022 15:29:10

Consequently, all networks in the crypto space promise a level of security to attract users, including the self-acclaimed 'ethereum killers'. However, amongst these networks, Cardano and Polygon have been recently regarded as more secure than Solana, following new events.

Cardano (ADA) Is More Energy Efficient Than YouTube, PayPal, And Netflix

Source: Dailycoin

Date: Wed, 24 Aug 2022 08:25:46

To cut down energy consumption, Cardano adopted a decentralized proof-of-stake (PoS) blockchain.

Bitcoin, Ethereum, and Cardano Finished with Green Daily Candles on Tuesday

Source: The Cryptonomist

Date: Wed, 24 Aug 2022 08:25:03

The Fear and Greed Index is 25 Fear and is -3 from Tuesday's reading of 28 Fear

 

Neutral News

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Source: Cointelegraph

Date: Wed, 24 Aug 2022 14:36:40

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed's perspectives on inflation, interest rate hikes and the health of the economy are made public.

Opening long position on Cardano [ADA] might be your biggest

Source: AMBCrypto

Date: Wed, 24 Aug 2022 11:30:06

The week is off to a great start for the Cardano [ADA] community thanks to the news of Vasil hardfork adoption. According to the analytic platform Pool Tool, 47% of Cardano's staking pool operator nodes have adopted the latest v1.35.3.

Hoskinson shuts down talk of ‘hush-hush culture' over stalled Vasil upgrade

Source: CryptoSlate

Date: Wed, 24 Aug 2022 06:01:17

Input Output (IO) CEO Charles Hoskinson shut down claims that Cardano operates within a “hush-hush culture.” Hoskinson spoke out after developer Adam Dean publicly said the Vasil testnet is “catastrophically broken.

 

Negative News

Cardano Getting back to $1? Unlikely, Here's a Few Alternatives

Source: NewsBTC

Date: Wed, 24 Aug 2022 13:56:10

One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives.

Cardano Declines and Consolidates Above $0.44 Support

Source: Coin Idol

Date: Wed, 24 Aug 2022 08:49:00

Cardano (ADA) has fallen below the moving average lines as buyers failed to hold above the $0.60 resistance zone. After a three-month sideways move, buyers tried to break above $0.60 resistance but were rejected at the $0.58 high.

Analyst Who Called 2022 Crypto Collapse Issues Cardano (ADA) Alert – Here's His Price Target

Source: The Daily Hodl

Date: Wed, 24 Aug 2022 07:45:14

A popular analyst with a solid track record of predicting market retracements is issuing warnings about two of the top crypto assets. The pseudonymous trader Capo first alerts his 485,300 Twitter followers that scalable blockchain platform Cardano (ADA) could be in for a major price drop over the next few weeks.

 

RIPPLE (XRP)

Current Price: $ 0.35 (24h Changes: 1.23 %)

Current Market Cap: $ 17,398,748,472 (24h Changes: 1.29 %)

Positive News

Binance Offering XRP Rewards to Traders – Here's How to Get the Free Crypto

Source: The Daily Hodl

Date: Wed, 24 Aug 2022 16:00:01

The world's leading crypto exchange platform is launching a new reward program where users can complete quizzes to earn digital assets. According to a new company announcement, Binance will be offering verified users the opportunity to earn crypto by learning about virtual assets and proving their knowledge on the subject.

Ripple continues overseas expansion with Tranglo to UAE

Source: CryptoSlate

Date: Wed, 24 Aug 2022 14:13:16

Crypto technology giant Ripple partnered with global payments firm Tranglo to expand Ripple's On-Demand-Liquidity (ODL) solution to the United Arab Emirates (UAE), days after shaking hands with Latin American Bank Travelex to do the same for Brazil.  Tranglo's official Twitter account announced the new initiative by posting a Tweet on August24, 2022.

Ripple Extends Presence to UAE through Tranglo

Source: Coinspeaker

Date: Wed, 24 Aug 2022 10:07:04

Coinspeaker Ripple Extends Presence to UAE through Tranglo

 

Neutral News

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Source: Cointelegraph

Date: Wed, 24 Aug 2022 14:36:40

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed's perspectives on inflation, interest rate hikes and the health of the economy are made public.

Binance Calls XRP Ledger ‘First Major Blockchain To Be Certifiably Carbon-Neutral'

Source: CryptoGlobe

Date: Wed, 24 Aug 2022 14:07:49

The education arm of the world's largest crypto exchange (by trading volume) has a lot of nice things to say about decentralized public blockchain XRPL Ledger (XRPL) and its native token XRP. The XRP Ledger was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto.

XRP Struggles to Stay Above $0.35 as the Bias on Tamadoge is Upbeat

Source: Inside Bitcoins

Date: Wed, 24 Aug 2022 10:13:51

The Ripple price prediction reveals that XRP is down by 0.81% as the current market value drops below the moving averages.

 

SOLANA (SOL)

Current Price: $ 35.87 (24h Changes: 0.82 %)

Current Market Cap: $ 12,522,729,744 (24h Changes: 0.57 %)

Positive News

Solana, Polkadot Now Listed on World's Oldest Active Crypto Exchange, Bitstamp

Source: UToday

Date: Wed, 24 Aug 2022 09:37:00

Solana and Polkadot are now available on Bitstamp

Uniglo (GLO), Fantom (FTM) And Solana (SOL) Are The Cryptos To Check Before August Ends

Source: Dailycoin

Date: Wed, 24 Aug 2022 07:00:00

Picking the right token to invest in can be difficult, that's why you sometimes have to listen to what others in the market are saying.

Group of Solana-Based Projects Team Up to Streamline Crypto Communication

Source: Coinspeaker

Date: Wed, 24 Aug 2022 05:16:57

Coinspeaker Group of Solana-Based Projects Team Up to Streamline Crypto Communication

 

Neutral News

Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Source: Cointelegraph

Date: Wed, 24 Aug 2022 14:36:40

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed's perspectives on inflation, interest rate hikes and the health of the economy are made public.

Solana vs Cardano: Which Could Overtake Ethereum First?

Source: The Motley Fool

Date: Wed, 24 Aug 2022 05:45:00

Both of these newer blockchain networks have huge potential to compete with the smart-contract leader.

Negative News

Solana price analysis: SOL declines to $35 after strong bearish momentum

Source: Cryptopolitan

Date: Wed, 24 Aug 2022 07:29:15

Solana price analysis shows rising signs as the market shows downside risk.

Assessing if Solana holders are struggling to stay profitable

Source: AMBCrypto

Date: Wed, 24 Aug 2022 05:30:20

Bitcoin [BTC] is not the only cryptocurrency that has taken a hit in the past few days. Altcoin, Solana [SOL] too hopped on the same bandwagon of plummeting prices.

Solana (SOL) Price Analysis: Risk of More Losses Below $34

Source: LiveBitcoinNews

Date: Wed, 24 Aug 2022 01:48:24

Solana price started a fresh decline from the $48 resistance zone against the US Dollar. The price is now trading below $40 and the 55 simple moving average (4-hours).

 

AVALANCHE (AVAX)

Current Price: $ 23.49 (24h Changes: 0.51 %)

Current Market Cap: $ 6,696,966,421 (24h Changes: 0.15 %)

Positive News

Avalanche Price Analysis: Bullish momentum retrieves price back to $23.21 high

Source: Cryptopolitan

Date: Wed, 24 Aug 2022 05:56:56

Avalanche price analysis for today is bullish as the AVAX/USD pair has risen to retest the $23.21 high. The market had found support at a lower level around $22.52 but the bulls have been able to push price action back up.

Three altcoins you should consider buying: Dogecoin, Avalanche & Persystic

Source: The Cryptonomist

Date: Wed, 24 Aug 2022 04:29:57

One phenomenon that happens regularly in the world of cryptocurrencies is the cycle of the bearish run that eventually reverses

 

Neutral News

There Is A New Fix For Impermanent Loss Proposed On Avalanche

Source: DCForecasts

Date: Wed, 24 Aug 2022 05:32:22

There is a new fix for impermanent loss, one of the most serious DeFi flaws, which is proposed by avalanche-based Trader Joe The creators highlighted the usage of Liquidity Book (LB) with an extra variable charge swap functionality to “enable traders with zero or low slippage transactions” in a newly public whitepaper on Aug.

 

Negative News

New fix for curse of Impermanent Loss proposed on Avalanche

Source: Cointelegraph

Date: Wed, 24 Aug 2022 01:58:22

Trader Joe says its "Liquidity Book" will mitigate the impermanent loss "suffered by so many liquidity providers on other DEXs" during times of market turbulence.

NEAR (NEAR)

Current Price: $ 4.37 (24h Changes: 2.05 %)

Current Market Cap: $ 3,356,832,004 (24h Changes: 2.02 %)

Negative News

Near Protocol Price Prediction: A 33% Price Drop Is On The Cards

Source: InvestingCube

Date: Wed, 24 Aug 2022 12:18:55

For our Near Protocol price prediction to flip bullish, price needs to break above the $6.11 level. Currently, price is trading at $4.30.

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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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