"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: $ 18,928.9 (24h Changes: -1.08 %)
Current Market Cap: $ 362,225,142,627 (24h Changes: -0.9 %)
Positive News
Glassnode: Bitcoin Is Currently In a 'Bear To Bull' Transition Period
Source: NewsBTC
Date: Sun, 25 Sep 2022 15:00:30
Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And Supply In Profit Has Recently Been Below 0.75 As per a recent report by Glassnode, the BTC correlation between the price and the supply in profit generally observes multiple drops below 0.75 during transitional periods.
Bitcoin HODL Reaches 5-year High Despite Bears Dominance
Source: TheNewsCrypto
Date: Sun, 25 Sep 2022 13:22:04
Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in HODL. Expert cautioned investors to hold.
Bitcoin Is '100 Times Better Than Gold,' Michael Saylor Says Here's Why
Source: Bitcoinist
Date: Sun, 25 Sep 2022 07:06:59
Bitcoin and gold are both valuable assets that can be used to protect against inflation; nevertheless, there are important differences between the two in terms of their history, accessibility, and other sources of demand.
Neutral News
Bitcoin Price Is Preparing Its Next Move Within This Chart Pattern
Source: Coingape
Date: Sun, 25 Sep 2022 10:01:54
The Bitcoin technical chart showcased a roller coaster ride as prices took a V-top reversal during Mid August and dumped back to 2022 bottom support of $18000. Moreover, over the last weeks, the crypto market suffered due to unfavorable news such as High CPI data, Fed interest hike, and the U.S. dollar index(DXY) rise to The post Bitcoin Price Is Preparing Its Next Move Within This Chart Pattern appeared first on CoinGape.
Bitcoin Miner Iris Energy to Sell $100 Million in Equity to B. Riley
Source: Decrypt
Date: Sun, 25 Sep 2022 09:59:19
It's the investment bank's second $100 million investment in a Bitcoin mining company this summer, despite the crypto bear market.
Negative News
Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets
Source: The Block
Date: Sun, 25 Sep 2022 15:35:08
A weekly report on some of the biggest moves in crypto markets, with commentary from industry experts. The post Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets appeared first on The Block.
Source: The Daily Hodl
Date: Sun, 25 Sep 2022 12:55:15
A widely followed crypto analyst is predicting a massive correction in tech stocks that would drive the value of Bitcoin (BTC) to new bear market lows.
Is post-Merge Ethereum PoS a threat to Bitcoin's dominance?
Source: Cointelegraph
Date: Sun, 25 Sep 2022 12:05:00
Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's switch to a proof-of-stake system.
ETHEREUM (ETH)
Current Price: $ 1,294.85 (24h Changes: -3.33 %)
Current Market Cap: $ 156,476,738,050 (24h Changes: -3.33 %)
Positive News
ENS: Why there's more to the story than a hike in .eth domain name registrations
Source: AMBCrypto
Date: Sun, 25 Sep 2022 08:30:41
According to Dune Analytics, Ethereum Name Service (ENS) has recorded a spike in registrations so far this month. Here, it's worth pointing out that this uptick comes on the back of tremendous growth logged across the month of August.
Neutral News
Ethereum ($ETH) Transaction Costs Are Falling . What's Going On?
Source: CryptoGlobe
Date: Sun, 25 Sep 2022 15:05:25
Ethereum ($ETH) transactions have reportedly become a lot cheaper since Summer 2021, when there was rapidly growing interest in DeFi and NFTs. Per data by The Block, as of September 22, Ethereum's transaction costs were at their lowest point in the past two years.
Ethereum transaction costs have fallen sharply since last November
Source: The Block
Date: Sun, 25 Sep 2022 14:00:48
The cost of transacting on Ethereum has significantly declined since 2021, but users and activity has increased. The post Ethereum transaction costs have fallen sharply since last November appeared first on The Block.
Only 14% of Litecoin holders are currently in profit, while Ethereum's is at 51%
Source: Finbold
Date: Sun, 25 Sep 2022 10:55:19
The ongoing crypto market volatility has partly plunged most investors into losses, with the general sell-off showing minimal signs of
Negative News
Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets
Source: The Block
Date: Sun, 25 Sep 2022 15:35:08
A weekly report on some of the biggest moves in crypto markets, with commentary from industry experts. The post Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets appeared first on The Block.
Can Ethereum Crash to 1000 $ still? YES, Here's Why!
Source: CryptoTicker
Date: Sun, 25 Sep 2022 14:03:50
Ethereum crashed by more than 38%. Can Ethereum crash to 1000 $ soon?
Is post-Merge Ethereum PoS a threat to Bitcoin's dominance?
Source: Cointelegraph
Date: Sun, 25 Sep 2022 12:05:00
Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's switch to a proof-of-stake system.
BINANCE (BNB)
Current Price: $ 274.91 (24h Changes: -0.99 %)
Current Market Cap: $ 44,898,592,487 (24h Changes: -1.15 %)
Neutral News
BNB May Retrace Lower at 256.60, TAMA Goes Live on OKX
Source: Inside Bitcoins
Date: Sun, 25 Sep 2022 08:37:53
The attempt of BNB/USD price action to correct upward has been met with a setback.
CARDANO (ADA)
Current Price: $ 0.45 (24h Changes: -2.76 %)
Current Market Cap: $ 15,172,650,239 (24h Changes: -2.61 %)
Positive News
Cardano Vasil: Charles Hoskinson Speaks on One Other Thing That Might Benefit Blockchain
Source: UToday
Date: Sun, 25 Sep 2022 09:46:00
Cardano ranks as third largest blockchain with staking market cap of $11.52 billion
Cardano (ADA) Price Prediction 2025-2030: Is $6.5 gettable for post-Vasil ADA?
Source: AMBCrypto
Date: Sun, 25 Sep 2022 09:45:03
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject 'Ethereum killer' or not, Cardano [ADA] has always had a lot of fans.
Cardano's Social Metrics Beat 3 Month Record After Vasil Hard Fork
Source: UToday
Date: Sun, 25 Sep 2022 08:19:00
Vasil hard fork stirring up social activity around Cardano
Neutral News
Comparing Axie Infinity and Cardano to Big Eyes Coin Next-Gen DeFi Services
Source: Crypto Daily
Date: Sun, 25 Sep 2022 09:00:00
Crypto projects like Axie Infinity are known as Game-Fi platforms because they reward members for participating and being active within their ecosystem. The Cardano project also aims to become a fully decentralized platform with proof-of-stake functionality.
Cardano NFT Column: Drunken Dragon
Source: The Cryptonomist
Date: Sun, 25 Sep 2022 02:00:05
This segment of our magazine delves into the world of NFTs by asking some questions to the artists, collectors and builders in the Cardano ecosystem
RIPPLE (XRP)
Current Price: $ 0.5 (24h Changes: 0.52 %)
Current Market Cap: $ 25,046,639,543 (24h Changes: 0.85 %)
Positive News
Pundit Outlines Conditions Necessary For An XRP Price Boost To $13
Source: Zycrypto
Date: Sun, 25 Sep 2022 13:12:43
While a $10 forecast might seem like a reach to the majority of the community, an analyst is already setting up conditions for a $13 price target.
XRP may uphold its strong bullish bias ONLY if this happens
Source: AMBCrypto
Date: Sun, 25 Sep 2022 11:00:58
XRP just concluded its best week since June after delivering an upside of 63% in the last 7 days. This rally underscored the return of investor confidence now that the SEC-Ripple Labs legal battle is expected to end soon.
Ripple Price Analysis: After 30% Weekly Gains, Can XRP Continue to Soar?
Source: CryptoPotato
Date: Sun, 25 Sep 2022 10:34:50
Ripple, as the fourth-largest cryptocurrency by market capitalization, saw increases of over 30% during the last 7 days, according to CoinGecko. The price extended to nearly $0.56 on Friday but got quickly rejected.
Neutral News
Ripple CEO Brad Garlinghouse Reveals Crypto Portfolio, Calls Out SEC's Latest Stance on Ethereum
Source: The Daily Hodl
Date: Sun, 25 Sep 2022 07:45:12
Ripple CEO Brad Garlinghouse says his crypto portfolio includes Ethereum (ETH) and that he disagrees with the U.S. Securities and Exchange Commission's (SEC) latest statements regarding the leading smart contract platform.
Negative News
Ripple price analysis: Price levels descend as XRP encounters bearish resistance at $0.5066
Source: Cryptopolitan
Date: Sun, 25 Sep 2022 09:12:19
The Ripple price analysis is bearish as selling pressure has built from the bearish side. The market followed the bullish trend for the last two days, and the coin gained significant value during this time, but a correction was due for continuing further upside later on.
Ripple Lawsuit: Here Is Key Point of SEC's Argument per James K. Filan
Source: UToday
Date: Sun, 25 Sep 2022 08:57:00
Ripple filed its motion seeking dismissal of case before trial last weekend.
SOLANA (SOL)
Current Price: $ 32.56 (24h Changes: -4.46 %)
Current Market Cap: $ 11,539,238,951 (24h Changes: -3.42 %)
Positive News
Will these Solana [SOL] updates finally be enough to push the price
Source: AMBCrypto
Date: Sun, 25 Sep 2022 10:00:51
At the time of writing, Solana's (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well.
Solana (SOL) Price Prediction 2025-30: Is $1200 really in SOL's sights?
Source: AMBCrypto
Date: Sun, 25 Sep 2022 08:15:56
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject. Founded over 2 years ago, Solana is one of the leading cryptocurrencies that uses the proof-of-stake (PoS) consensus mechanism.
Crypto Strategist Predicts Big Bounces for Bitcoin and One Ethereum Rival. Here Are His Targets
Source: The Daily Hodl
Date: Sun, 25 Sep 2022 03:04:18
The crypto analyst who called the end of the crypto bull market is now predicting big bounces for Bitcoin (BTC) and Ethereum (ETH) challenger Solana (SOL). Popular crypto strategist Pentoshi tells his 612,000 Twitter followers that after nearly a year, he's no longer extremely bearish on Bitcoin.
AVALANCHE (AVAX)
Current Price: $ 17.44 (24h Changes: -2.24 %)
Current Market Cap: $ 5,162,976,106 (24h Changes: -2.22 %)
Neutral News
Analysis of the Cryptocurrency Market Leaders: Avalanche, Uniswap, and Moshnake
Source: The Cryptonomist
Date: Sun, 25 Sep 2022 09:00:23
SPONSORED POST* The cryptocurrency market may be readily segmented into niches, which include everything from the meme subsector to decentralized exchanges, liquid staking, and play-to-earn, amongst others. Presently, Avalanche (AVAX), Uniswap (UNI), and Moshnake (MSH) are leading the way in their respective niches in the cryptocurrency market.
Negative News
Avalanche price analysis: AVAX further depreciates to $17.58 after a strong bearish run
Source: Cryptopolitan
Date: Sun, 25 Sep 2022 12:30:03
Avalanche price analysis shows that the market is bearish in the short-term time frame. The AVAX/USD pair is currently trading at $17.58 and is facing resistance at $17.92, however, a break above this level could see AVAX/USD target the $18.50 mark.
