What Happens To L1 Tokens Today? (25 Nov 2022, Friday)


"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: $ 16,570.59 (24h Changes: 0.65 %)
Current Market Cap: $ 318,476,394,860 (24h Changes: 0.49 %)

Positive News

Harvard Research Paper Tells Governments And Central Banks To Hold Bitcoin

Source: Zycrypto

Date: Thu, 24 Nov 2022 14:11:51

A paper from a fifth-year PhD student at Harvard has urged central banks to use Bitcoin (BTC) in their reserves as a way to hedge sanctions risk.

7 Cryptos You Can Still Count On Despite the Current Chaos

Source: Investorplace

Date: Thu, 24 Nov 2022 13:33:23

These cryptos to buy boast incredible real-world utility and upside potential for investors willing to stomach the risk

Bitcoin, Ethereum Post Modest Thanksgiving Gains as Crypto Market Claws Back $12B

Source: Decrypt

Date: Thu, 24 Nov 2022 12:49:54

Bitcoin and Ethereum both rose several points on Thanksgiving day, as the bearish pressure of FTX's collapse appears to be waning.

Neutral News

Coinbase Reveals Reserves of 2,000,000 BTC Worth Over $33,000,000,000

Source: The Daily Hodl

Date: Thu, 24 Nov 2022 14:45:42

Crypto exchange giant Coinbase is revealing the amount of Bitcoin (BTC) in its reserves in a bid to be more transparent following the downfall of collapsed rival FTX. In a series of tweets, Coinbase CEO Brian Armstrong says the largest US-based crypto exchange platform holds about 2 million BTC, which translates to $33.

Onchain Analysis Verifies the Number of BTC Held by Grayscale's Bitcoin Trust

Source: Bitcoin

Date: Thu, 24 Nov 2022 14:30:52

After Grayscale Investments shared information concerning the company's product holdings, people questioned why the firm wouldn't share the public addresses associated with the crypto assets it holds. However, on Nov.

Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says

Source: Coindesk

Date: Thu, 24 Nov 2022 11:31:17

Officials hope to fend off a rising number of questions about how crypto should be regulated and when they should be treated as securities.

Negative News

Thanksgiving Day: Dave Portnoy's Bitcoin Tweet Ages Surprisingly Well

Source: UToday

Date: Thu, 24 Nov 2022 13:33:00

Dave Portnoy's Thanksgiving tweet about the Bitcoin price would be as relevant today as it was two years ago

UK's ‘biggest ever' scam leads to 100 arrests after police track bitcoin records

Source: The Block

Date: Thu, 24 Nov 2022 12:21:40

Tracing bitcoin records, which was used to pay for fraud website services, allowed the Metropolitan Police unit to narrow down suspects.  The post UK's ‘biggest ever' scam leads to 100 arrests after police track bitcoin records appeared first on The Block.

Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows

Source: NewsBTC

Date: Thu, 24 Nov 2022 11:00:46

On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst in a CryptoQuant post,  the current capitulation is deeper than during both the 2015 bear and the COVID crash.

 

ETHEREUM (ETH)

Current Price: $ 1,202.07 (24h Changes: 3.09 %)

Current Market Cap: $ 145,066,431,159 (24h Changes: 2.85 %)

Positive News

7 Cryptos You Can Still Count On Despite the Current Chaos

Source: Investorplace

Date: Thu, 24 Nov 2022 13:33:23

These cryptos to buy boast incredible real-world utility and upside potential for investors willing to stomach the risk

Bitcoin, Ethereum Post Modest Thanksgiving Gains as Crypto Market Claws Back $12B

Source: Decrypt

Date: Thu, 24 Nov 2022 12:49:54

Bitcoin and Ethereum both rose several points on Thanksgiving day, as the bearish pressure of FTX's collapse appears to be waning.

Withdrawals for Staked Ethereum Enters Testnet Stage, ETH Price Jumps 10%

Source: Dailycoin

Date: Thu, 24 Nov 2022 11:30:40

The Ethereum Foundation JavaScript team has announced that it would relaunch the Shandong Testnet in the coming days.

Neutral News

Ethereum core devs to discuss getting EIP-4844 considered for inclusion

Source: Crypto news

Date: Thu, 24 Nov 2022 14:31:07

OP Labs CEO liam.eth has announced an Ethereum core devs meeting today to discuss getting EIP-4844 to be considered for inclusion (CFI), says CFI does not imply inclusion in a hard fork. ETH Core devs deliberating EIP-4844 inclusion Liam.

Ethereum Whale Abruptly Moves Over $280,000,000 in ETH – Here's Where the Crypto Is Going

Source: The Daily Hodl

Date: Thu, 24 Nov 2022 14:05:26

A deep-pocketed Ethereum (ETH) whale is suddenly moving hundreds of millions of dollars worth of the top altcoin to an unknown wallet. According to whale-surveying platform Whale Alert, the high-net-worth trader moved 247,979 ETH worth about $280,000,000 at time of writing from one unknown wallet to another.

Ethereum core developers signal support for ‘proto-danksharding'

Source: The Block

Date: Thu, 24 Nov 2022 13:02:55

Ethereum core developers have indicated support for EIP-4844, a highly-anticipated scaling proposal, to go live in a future upgrade. The post Ethereum core developers signal support for ‘proto-danksharding' appeared first on The Block.

Negative News

Whales Started Removing Ethereum (ETH) Holdings, stETH-ETH Depegs

Source: Coingape

Date: Thu, 24 Nov 2022 06:12:31

Whales became active after crypto prices fell to the lowest levels, starting to buy the dip. As a result, the crypto market recovered with Bitcoin and Ethereum prices skyrocketing over 8% and 10%, respectively.

 

BINANCE (BNB)

Current Price: $ 299.46 (24h Changes: 1.17 %)

Current Market Cap: $ 48,922,858,220 (24h Changes: 0.72 %)

Positive News

7 Cryptos You Can Still Count On Despite the Current Chaos

Source: Investorplace

Date: Thu, 24 Nov 2022 13:33:23

These cryptos to buy boast incredible real-world utility and upside potential for investors willing to stomach the risk

Binance Coin (BNB) Price Flashes Bullish Signs, Needs to Hold These Levels to Close 2022 Trade Above $500!

Source: CoinPedia

Date: Thu, 24 Nov 2022 01:31:27

The crypto markets are witnessed a significant recovery since the past trading day as Bitcoin price soared from $15,800 to as high as $16,800. Meanwhile, BinanceCoin (BNB) price also marked daily highs above $300 but failed to sustain above these.

Negative News

Binance Coin Struggles below $300 as Selling Pressure Resumes

Source: Coin Idol

Date: Thu, 24 Nov 2022 08:00:00

Binance Coin (BNB) is falling, but is currently in an upward correction. The price of BNB rose to a high of $300 yesterday. The altcoin is now struggling below the last high.

 

CARDANO (ADA)

Current Price: $ 0.32 (24h Changes: -0.21 %)

Current Market Cap: $ 11,115,705,296 (24h Changes: -0.5 %)

Positive News

Cardano Price Forecast – Bulls Hold $0.30 Comfortably, Quick 50% Move Incoming?

Source: Cryptonews

Date: Thu, 24 Nov 2022 14:34:00

A mixed start to the day on Nov. 24 saw ADA rise to an early high of $0.321 before falling to a low of $0.312, with the token currently trading at $0.316 as of writing.

7 Cryptos You Can Still Count On Despite the Current Chaos

Source: Investorplace

Date: Thu, 24 Nov 2022 13:33:23

These cryptos to buy boast incredible real-world utility and upside potential for investors willing to stomach the risk

Cardano price analysis: Bullish rally drives ADA/USD prices to $0.3156

Source: Cryptopolitan

Date: Thu, 24 Nov 2022 13:04:49

Cardano price analysis today shows that ADA/USD is currently trading at $0.3156, up sharply from its lows of $0.3040 earlier this week $0.2976. The ADA/USD pair has surged by over  0.72% in the past 24 hours, with strong buying pressure driving the price higher.

Neutral News

$ADA: Hoskinson Says Cardano's Upcoming Midnight Sidechain Has No “Backdoor”

Source: CryptoGlobe

Date: Thu, 24 Nov 2022 09:41:04

Shortly after the introduction of confidentiality platform Midnight at last week's IO ScotFest event in Edunburgh, Scotland, IOG Co-Founder and CEO Charles Hoskinson explained why Midnight handles disclosure at the DApp level not the protocol level.

Cardano-Powered Projects Ardana and Orbis Come to a Halt, but $ADA Community Not Worried

Source: CryptoGlobe

Date: Thu, 24 Nov 2022 06:40:47

On Thursday (24 November 2022), two Cardano-powered projects — Ardana and Orbis — unexpectedly came to a halt, but this doesn't seem to have dented the enthusiasm, passion, and optimism of the Cardano community presumably due to the rich depth of the ecosystem. The two announcements came or less at the same time.

Bitcoin (16k), Ethereum (1.2k), Cardano Price Analyses

Source: The Cryptonomist

Date: Thu, 24 Nov 2022 06:00:03

The Fear and Greed Index is 20 Extreme Fear and is -2 from Wednesday's reading of 22 Extreme Fear

Negative News

Cardano Community Raises Red Flags on Two Projects: Details

Source: UToday

Date: Thu, 24 Nov 2022 08:21:00

Cardano-based projects Ardana and Orbis coming to halt.

 

RIPPLE (XRP)

Current Price: $ 0.41 (24h Changes: 6.64 %)

Current Market Cap: $ 20,399,006,100 (24h Changes: 6.42 %)

Positive News

XRP Prepares for Major Price Action, Here's What to Expect

Source: UToday

Date: Thu, 24 Nov 2022 11:15:00

XRP is on verge of big price changes based on what its chart shows

Ripple VS SEC Lawsuit Update! This is When the Case Might be Resolved!

Source: CoinPedia

Date: Thu, 24 Nov 2022 08:32:36

The Ripple vs. SEC case is becoming more fascinating with every new update. While many speculations were coiled up related to the probable settlement, clarity on this could be fast approaching. The possible grounds wherein both parties may opt for a settlement are outspread within the space, which has given scope for many speculations.

Top 5 Undervalued Cryptocurrencies of 2022

Source: CryptoTicker

Date: Thu, 24 Nov 2022 03:12:37

What cryptocurrencies are presently under priced? This article is all about the top 5 undervalued cryptocurrencies of 2022

Neutral News

Crypto Analyst Says One Catalyst That Could Have Drastic Impact on XRP, Polygon, Chainlink and Polkadot

Source: The Daily Hodl

Date: Thu, 24 Nov 2022 12:55:15

A popular crypto analyst is updating his predictions on a handful of altcoins amid the ongoing bear market. Pseudonymous trader Altcoin Psycho tells his 10,700 YouTube subscribers that XRP, Polygon (MATIC), Chainlink (LINK), Chiliz (CHZ) and Polkadot (DOT) could plummet by 25-50% if Bitcoin's (BTC) price takes another big leg down.

XRP Lawsuit News: Hinman Docs To Be Out By This Date?

Source: Coingape

Date: Thu, 24 Nov 2022 08:18:58

XRP Lawsuit News: The long running legal battle between U.S. Securities and Exchange Commission (SEC) and Ripple is yet to produce the crucial Hinman speech documents and related e-mails publicly. However, the commission has lost its assertions over the docs.

XRP Price Prediction as $1 Billion Trading Volume Comes In – XRP to $3 by 2023?

Source: Cryptonews

Date: Thu, 24 Nov 2022 06:59:00

The XRP price is largely unchanged today, with its current level of $0.378725 representing a very modest 0.4% rise in the past 24 hours. The altcoin is up by 14% in the past fortnight, but remains down by 16% in the last 30 days, as the ongoing fallout from the FTX bankruptcy continues to weigh down prices.

Negative News

Ripple CTO Comments on FTX Collapse, Says it Can Happen Again With Other Exchanges Unless This Happens

Source: Cryptonews

Date: Thu, 24 Nov 2022 05:03:00

As the sudden collapse of major crypto exchange FTX continues to ravage through the markets across the world, David Schwartz, the chief technology officer of U.S. blockchain company Ripple, believes that only enforcing a system of automatized checks and balances can prevent various crypto executives from repeating the mistakes of the exchange's former CEO, Sam Bankman-Fried. 

 

SOLANA (SOL)

Current Price: $ 14.44 (24h Changes: 3.08 %)

Current Market Cap: $ 5,239,080,675 (24h Changes: 2.9 %)

Positive News

7 Cryptos You Can Still Count On Despite the Current Chaos

Source: Investorplace

Date: Thu, 24 Nov 2022 13:33:23

These cryptos to buy boast incredible real-world utility and upside potential for investors willing to stomach the risk

Solana price analysis: SOL rallies high to $14.68 as bulls mark 10.30 percent gains

Source: Cryptopolitan

Date: Thu, 24 Nov 2022 12:08:18

Solana price analysis confirms an increasing trend for the day as the green candlestick has returned on the price chart once again. Although a downtrend was at its peak in the earlier days, today's trend has been relatively in favor of the buyers.

Biggest Movers: LINK Nears 2-Week High, SOL Extends Recent Gains

Source: Bitcoin

Date: Thu, 24 Nov 2022 12:00:22

Chainlink rallied to a 12-day high earlier in today's session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high.

Neutral News

Solana Price Prediction: Why Upsides Could Be Limited in SOL

Source: NewsBTC

Date: Thu, 24 Nov 2022 01:08:29

Solana tumbled below the $20 and $15 levels against the US Dollar. SOL price is now recovering, but upsides might be limited above $15 and $17.

Negative News

Solana Foundation Lost Over $180 Million in Crypto on FTX

Source: CryptoPotato

Date: Thu, 24 Nov 2022 14:10:39

Solana's premiere non-profit held major exposure to FTT and SRM tokens held the insolvent exchange. 

 

AVALANCHE (AVAX)

Current Price: $ 12.9 (24h Changes: 1.58 %)

Current Market Cap: $ 3,884,714,807 (24h Changes: 1.36 %)

Negative News

Going long on AVAX? Consider this ‘catch' before you jump in

Source: AMBCrypto

Date: Thu, 24 Nov 2022 13:30:08

AVAX rallied on the daily chart with a possible MACD crossover. The upside breakout from the bullish wedge has a target between $15.5 and $16.0. However, the price-volume divergence could cause a price reversal.

 

NEAR (NEAR)

Current Price: $ 1.64 (24h Changes: 0.83 %)

Current Market Cap: $ 1,363,320,726 (24h Changes: 0.35 %)

Positive News

Proximity Labs unveils $10 million developer fund for trading protocols on Near

Source: The Block

Date: Thu, 24 Nov 2022 10:00:44

Proximity Labs, along with three decentralized exchanges on the Near Protocol blockchain — Orderly Network, Spin, and Tonic — announced a $10 million developer fund. The post Proximity Labs unveils $10 million developer fund for trading protocols on Near appeared first on The Block.

 

COSMOS (ATOM)

Current Price: $ 10.11 (24h Changes: 3.25 %)

Current Market Cap: $ 2,963,807,095 (24h Changes: 2.76 %)

Positive News

ATOM's price action has this at ‘stake' as it outperforms these ecosystems

Source: AMBCrypto

Date: Thu, 24 Nov 2022 06:30:15

ATOM's ecosystem saw a massive uptick in terms of development activity ATOM registered some improvements in the DeFi space as well, even as the volume and market cap declined According to a report by Santiment, projects in ATOM's ecosystem revealed significant growth in terms of development activity over the past few months.

Neutral News

Cosmos (ATOM) Needs This to Happen to Keep Bullish Hopes Alive

Source: BeInCrypto

Date: Thu, 24 Nov 2022 04:45:00

The Cosmos (ATOM) price began an upward movement after generating bullish divergence. An increase above $10.6 would go a long way in indicating that the trend is still bullish.

 

POLKADOT (DOT)

Current Price: $ 5.38 (24h Changes: -0.21 %)

Current Market Cap: $ 6,320,428,123 (24h Changes: -0.45 %)

Positive News

7 Cryptos You Can Still Count On Despite the Current Chaos

Source: Investorplace

Date: Thu, 24 Nov 2022 13:33:23

These cryptos to buy boast incredible real-world utility and upside potential for investors willing to stomach the risk

Polkadot-based protocol t3rn raises $6.5 million: Exclusive

Source: The Block

Date: Thu, 24 Nov 2022 11:00:05

Polkadot-based blockchain interoperability protocol t3rn has raised $6.5 million in a round led by Polychain Capital. The post Polkadot-based protocol t3rn raises $6.5 million: Exclusive appeared first on The Block.

Polkadot price analysis: Bullish uptrend marks DOT price above $5.45

Source: Cryptopolitan

Date: Thu, 24 Nov 2022 06:40:40

Polkadot price analysis confirms an increasing trend for cryptocurrency today as the coin value has increased tremendously, reaching above $5.45, the resistance level for DOT/USD is at $5.51 and the support level is at $5.33.

Neutral News

Crypto Analyst Says One Catalyst That Could Have Drastic Impact on XRP, Polygon, Chainlink and Polkadot

Source: The Daily Hodl

Date: Thu, 24 Nov 2022 12:55:15

A popular crypto analyst is updating his predictions on a handful of altcoins amid the ongoing bear market. Pseudonymous trader Altcoin Psycho tells his 10,700 YouTube subscribers that XRP, Polygon (MATIC), Chainlink (LINK), Chiliz (CHZ) and Polkadot (DOT) could plummet by 25-50% if Bitcoin's (BTC) price takes another big leg down.

DOT traders should consider reading this before making a move

Source: AMBCrypto

Date: Thu, 24 Nov 2022 00:30:41

0  Negative sentiment could undermine effective price recovery After breaking past several supports, Polkadot (DOT) finally found a calm zone at $5.0.

Negative News

Polkadot Community and The Incentivized Initiative Against Fraud

Source: InvestingCube

Date: Thu, 24 Nov 2022 03:00:00

The Polkadot community has established a reward bounty to incentivize community members to help keep its ecosystem safe.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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