What Happens To L1 Tokens Today? (27 Jan 2023, 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: $ 23,099 (24h Changes: 1.51 %)

Current Market Cap: $ 445,291,475,102 (24h Changes: 1.06 %)

Positive News

Bitcoin to become legal tender in the United States – This senator wants to drive BTC adoption

Source: CryptoNewsFlash

Date: Thu, 26 Jan 2023 14:17:50

  In 2022, Senator Rogers introduced a bill to make Bitcoin a legal tender in Arizona but it did not get the desired traction.

These Metrics Hint At Massive Bitcoin ‘Buying Opportunity', Says Analyst

Source: Bitcoinist

Date: Thu, 26 Jan 2023 14:00:03

Bitcoin usually sets the pace for other cryptocurrencies to follow. Analysts usually focus on Bitcoin to identify or predict market trends.

As Bitcoin and Ethereum continue rally, capitulation severity has lessened

Source: CryptoSlate

Date: Thu, 26 Jan 2023 13:40:17

Definition Net Unrealized Profit/Loss is the difference between Relative Unrealized Profit and Relative Unrealized Loss.

Neutral News

Crypto Giant Grayscale To Face SEC in Court To Push for Converting Its Bitcoin Investment Product Into ETF

Source: The Daily Hodl

Date: Thu, 26 Jan 2023 14:45:09

Crypto giant Grayscale says the oral argument for its lawsuit against the U.S. Securities and Exchange Commission (SEC) will happen earlier than expected. Grayscale filed the suit last year to contest the regulator's rejection of its application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.

BitPay Announces Partnership With MoonPay, Removes Bitcoin Trading Fees For Limited Time

Source: Bitcoin Magazine

Date: Thu, 26 Jan 2023 13:50:20

BitPay's partnership with MoonPay is set to offer a superior buyer experience for those looking to purchase cryptocurrencies on the BitPay platform.

Bitcoin Miner Sales Slump to Three Year Lows as Capitulation Risks Fade – What Does This Mean For The BTC Price

Source: Cryptonews

Date: Thu, 26 Jan 2023 11:28:00

According to data cited by Bitfinex analysts earlier this week, Bitcoin miners are slowing the pace at which they sell the world's largest cryptocurrency by market capitalization. Bitfinex, citing on-chain data from crypto analytics platform Glassnode, said that BTC flows from miner wallets to exchanges, said “selling is at a three-year low”.

Negative News

Spot Bitcoin (BTC) ETF Application by Ark and 21 Shares Rejected by SEC

Source: UToday

Date: Thu, 26 Jan 2023 14:49:00

The SEC has shot down a spot Bitcoin (ETF) exchange-traded fund application from Ark and 21Shares once again

SEC bats down ARK's and 21Shares' second bitcoin ETF proposal

Source: The Block

Date: Thu, 26 Jan 2023 13:45:22

ARK Investment Management and 21Shares were denied for a second time by the SEC on a proposed bitcoin exchange-traded fund.

Tesla Q4 Earnings Report Reveals $34M Loss in Bitcoin Holdings

Source: TheNewsCrypto

Date: Thu, 26 Jan 2023 13:24:21

In its most recent financial report, published on Wednesday, Tesla said that it had neither acquired nor sold any Bitcoin

 

ETHEREUM (ETH)

Current Price: $ 1,606.65 (24h Changes: 2.83 %)

Current Market Cap: $ 193,626,954,387 (24h Changes: 1.87 %)

Positive News

Ethereum price analysis: ETH surges high above $1,554 as bulls regain momentum

Source: Cryptopolitan

Date: Thu, 26 Jan 2023 13:54:58

Ethereum price analysis is bullish for today as the coin is enjoying a bullish swing. The price trend after the flash crash of the previous day, which saw the ETH/USD dip below $1,554 has been a recovery.

As Bitcoin and Ethereum continue rally, capitulation severity has lessened

Source: CryptoSlate

Date: Thu, 26 Jan 2023 13:40:17

Definition Net Unrealized Profit/Loss is the difference between Relative Unrealized Profit and Relative Unrealized Loss.

Ethereum Hovers Above $1,600, What's The Next Move?

Source: NewsBTC

Date: Thu, 26 Jan 2023 12:30:41

The general crypto market has increased in market cap in 24 hours, up by 2.89%. Ethereum (ETH), the second-largest crypto project, is also trading in the green in the same time period.

Neutral News

Research: NFTs accounted for 28% of the ETH gas usage in January

Source: CryptoSlate

Date: Thu, 26 Jan 2023 13:27:20

CryptoSlate analysts examined the gas usage shares of different transaction categories on the Ethereum (ETH) network and found that the NFTs category accounted for 28% in the first month of the year.

ETH 2.0 Total Value Staked by Provider hits 11.5M

Source: CryptoSlate

Date: Thu, 26 Jan 2023 11:07:16

Definition The total amount of ETH transferred to the ETH2 deposit contract via staking providers.

Justin Sun Transfers $15 Million Worth of ETH on Poloniex: Is He Cashing Out?

Source: UToday

Date: Thu, 26 Jan 2023 03:38:00

Prominent crypto investor and advisor makes large transfer once again, fueling some speculation in community

 

BINANCECOIN (BNB)

Current Price: $ 306.61 (24h Changes: 0.86 %)

Current Market Cap: $ 41,344,722,687 (24h Changes: 0.9 %)

Positive News

Top 5 cryptocurrencies ranked by ROI since initial coin offering

Source: Finbold

Date: Thu, 26 Jan 2023 06:07:21

The cryptocurrency market is riding on the wave of renewed bullish optimism that started at the turn of the year, but some cryptocurrencies have been recording continuous positive returns ever since their initial coin offering (ICO), including some less-than-expected assets.

Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum

Source: CryptoSlate

Date: Thu, 26 Jan 2023 05:21:16

Pudgy Penguins announced that it is using Layer-0 to allow cross-chain transactions on adding Polygon (MATIC), BNB Smart Chain, and Arbitrum (ARBI) to improve access for people beyond the Ethereum (ETH) blockchain.

Uniswap might be on its way to Binance Smart Chain

Source: The Cryptonomist

Date: Thu, 26 Jan 2023 04:51:52

The idea appealed to the DEX community, which approved it by an overwhelming majority

Negative News

Robinhood Twitter Handle Hacked, Hackers Stole BNB Tokens

Source: Coinnounce

Date: Thu, 26 Jan 2023 13:05:10

Several of the 1.1 million people who follow the Robinhood Twitter account stated that they had been offered to acquire fraudulent RBH tokens for as little as $0.0005 apiece.

Binance Coin Remains Above $300, But Faces Further Decline

Source: Coin Idol

Date: Thu, 26 Jan 2023 09:11:00

Binance Coin (BNB) is consolidating above $300 support as it approaches resistance at $317.

 

CARDANO (ADA)

Current Price: $ 0.38 (24h Changes: 4.78 %)

Current Market Cap: $ 13,360,950,297 (24h Changes: 4.42 %)

Positive News

Cardano (ADA) Founder Defends CoinDesk Acquisition Plans Amid Criticism

Source: UToday

Date: Thu, 26 Jan 2023 12:50:00

The Cardano founder has slammed a publication for criticising his plan to acquire Coindesk

‘ADA Whale' Says Next Week's Launch of Liqwid Mainnet Is a Momentous Event for Cardano

Source: CryptoGlobe

Date: Thu, 26 Jan 2023 12:40:28

On Thursday (26 January 2023), popular and respected pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) said that next week's launch of interest rate protocol Liqwid is a momentous event for Cardano.

Cardano price analysis: ADA gains  value at $0.3806 after a  green candlestick formation

Source: Cryptopolitan

Date: Thu, 26 Jan 2023 11:39:29

The Cardano price analysis is back in the green zone as bullish momentum builds in the market. At the time of writing, Cardano's ADA coin is trading at $0.3806 with more buying pressure pushing the price up.

Neutral News

3 Potentially Explosive Cryptocurrencies to Buy in 2023

Source: The Motley Fool

Date: Thu, 26 Jan 2023 06:00:00

These cryptocurrencies each lost more than 80% last year.

Cardano (ADA) confirms launch of DJED stablecoin: the project will run on the blockchain's infrastructure

Source: The Cryptonomist

Date: Thu, 26 Jan 2023 03:15:30

Cardano's over-collateralized DJED stablecoin: what is this project?

 

RIPPLE (XRP)

Current Price: $ 0.41 (24h Changes: 0.15 %)

Current Market Cap: $ 21,038,204,797 (24h Changes: -0.05 %)

Positive News

XRP Whales Accumulate Massive Tokens – Is A Bull Run Coming?

Source: NewsBTC

Date: Thu, 26 Jan 2023 13:30:00

The XRP price dipped in 2022 during the crypto winter, and the back-and-forth legal exchange between Ripple Labs and the U.S. Securities and Exchange Commission has not helped matters. However, the token is still attracting interest from whales and institutional investors.

Ripple Will Win Now, 'Zero Doubt,' CryptoLaw Founder Says, But There's a Catch

Source: UToday

Date: Thu, 26 Jan 2023 11:30:00

John Deaton says he is positive now that should Ripple case move to US Supreme Court, crypto giant will definitely win

Top XRP Ledger Project's Token Achieves Listing on BitMart

Source: UToday

Date: Thu, 26 Jan 2023 09:32:00

XRPL top project's token, SOLO, achieves major listing on Cayman Islands' crypto exchange

Neutral News

Here's How XRP Ledger Could Interact with CBDCs, Pro-XRP Attorney Jeremy Hogan Opines

Source: UToday

Date: Thu, 26 Jan 2023 08:48:00

Here are some ways XRPL could be used for issuing central bank digital currencies

Ripple v. SEC: Here's Recent Update in XRP Lawsuit

Source: UToday

Date: Thu, 26 Jan 2023 08:05:00

Ripple CEO Brad Garlinghouse expresses optimism about getting ruling on lawsuit soon

XRP Price Prediction as XRP Breaks Out of Long-Term Trading Pattern – $1 Incoming?

Source: Cryptonews

Date: Thu, 26 Jan 2023 06:51:00

The XRP price has risen by 1% in the past 24 hours, reaching $0.412239 as the wider cryptocurrency market enjoys a nearly 2% gain within the same timeframe. Its current price means that it has risen by 8% in a week and by 12% in the last 30 days, as the altcoin begins to break out of a longer term decline it had suffered since the end of October.

 

SOLANA (SOL)

Current Price: $ 24.46 (24h Changes: 2.21 %)

Current Market Cap: $ 9,103,297,264 (24h Changes: 1.75 %)

Positive News

Solana price analysis: SOL on the up to target resistance at $27

Source: Cryptopolitan

Date: Thu, 26 Jan 2023 11:28:31

Solana price analysis shows strong signs of a continued upward run as price rose more than 3 percent over the past 24 hours to move as high as $25.21. Since the start of January, Solana price has increased from $9.37 to a high of $26.54 on January 21, incurring a 183 percent rise.

Solana (SOL) Migrating to New NFT Standard in Next 60 Days

Source: UToday

Date: Thu, 26 Jan 2023 11:14:00

New asset class may likely become predominant standard

Solana is Up 6% Daily, Here's the Key Resistance (SOL Price Analysis)

Source: CryptoPotato

Date: Thu, 26 Jan 2023 10:03:10

Solana continues to perform despite a decline in the buying volume, booking a 6% increase in the past 24h. Key Support levels: $20 Key Resistance levels: $27 The resistance at $27 is keeping bulls in check.

Neutral News

Is it Too Late to Buy Solana? Crypto Traders Give Their SOL Price Predictions for 2023

Source: Cryptonews

Date: Thu, 26 Jan 2023 12:31:00

It's been an explosive month for SOL, the cryptocurrency that powers Solana's high-performance layer-1 blockchain protocol. The cryptocurrency was last trading higher by about 145% on the month in the mid-$24.00s and is up an even more impressive more than 200% versus its end of December 2022 lows under $8.0 per token.

 

AVALANCHE (AVAX)

Current Price: $ 18.07 (24h Changes: 2.39 %)

Current Market Cap: $ 5,685,345,519 (24h Changes: 2.2 %)

Positive News

Avalanche price analysis: AVAX increases sharply as bullish momentum soars to $18.63

Source: Cryptopolitan

Date: Thu, 26 Jan 2023 11:04:15

Avalanche price analysis shows that the AVAX/USD pair is currently in a bullish trend, with prices rising steadily above $18.63. This indicates that buyers are in control of the market and are likely to push prices higher in the near future.

Neutral News

3 Potentially Explosive Cryptocurrencies to Buy in 2023

Source: The Motley Fool

Date: Thu, 26 Jan 2023 06:00:00

These cryptocurrencies each lost more than 80% last year.

 

COSMOS (ATOM)

Current Price: $ 13.0 (24h Changes: -1.89 %)

Current Market Cap: $ 3,807,503,298 (24h Changes: -1.96 %)

Positive News

Cosmos-powered Injective unveils $150m ecosystem fund 

Source: Crypto news

Date: Thu, 26 Jan 2023 08:52:42

Injective Labs has announced the successful launch of its $150 million ecosystem fund with support from Pantera Capital, Kucoin Ventures and others.

 

POLKADOT (DOT)

Current Price: $ 6.49 (24h Changes: 3.13 %)

Current Market Cap: $ 7,758,424,321 (24h Changes: 3.0 %)

Positive News

Polkadot Hints At Price Recovery – Can DOT Go Past 15% Weekly Ceiling?

Source: NewsBTC

Date: Thu, 26 Jan 2023 11:12:45

Polkadot (DOT) is in the green (see image below) and going steady. Could this hint at price recovery?

Polkadot price analysis: DOT finds support at $6.400, bulls to retest the $6.800 mark

Source: Cryptopolitan

Date: Thu, 26 Jan 2023 09:25:56

TL;DR Breakdown Polkadot price analysis suggests upwards movement to the $6.60 resistance again The closest support level lies at $6.400 DOT faces resistance at the $6.727 mark The Polkadot price analysis shows that the DOT price action has fallen below the $6.500 level, but the bulls find short-term support at $6.400 mark.

Polkadot leads the pack of fastest-developing altcoins

Source: Crypto news

Date: Thu, 26 Jan 2023 03:21:40

In a recent tweet, Santiment announced the top ten altcoins based on development activities.

Neutral News

Conservative Prediction: Can Polkadot Reach $10 in 2023?

Source: CryptoTicker

Date: Thu, 26 Jan 2023 09:00:04

The key factors that could potentially impact the price of DOT in the next few months and whether can Polkadot reach $10

 

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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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