What Happens To L1 Tokens Today? (28 Dec 2022, Wednesday)


"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: $ 16,692.59 (24h Changes: -0.91 %)

Current Market Cap: $ 321,278,778,968 (24h Changes: -0.92 %)

Positive News

Trader Known for Calling May 2021 Crypto Collapse Says Bitcoin Flashing Historic Rally Signal, Weighs In on Ethereum

Source: The Daily Hodl

Date: Tue, 27 Dec 2022 14:05:51

An analyst and trader known for calling the crypto market collapse of May 2021 says that Bitcoin (BTC) is now flashing historic signs of a new bull run.

Two key price resistance levels Bitcoin must break to start a relief rally

Source: Finbold

Date: Tue, 27 Dec 2022 13:54:19

The price of Bitcoin (BTC) is still in a consolidation phase, having failed to break past the $17,000 resistance level. As the flagship cryptocurrency trades sideways, the focus remains on potential positions that can act as anchors for a possible rally.

Bitcoin, Ethereum And XRP Price Predictions For December: Short-Term Breakouts For Everyone

Source: BeInCrypto

Date: Tue, 27 Dec 2022 13:00:00

The Bitcoin (BTC) and Ethereum (ETH) prices are trading inside bullish patterns but have yet to break out. The Ethereum (ETH) price.

Neutral News

Bitcoin ASIC miners' price hits lowest levels in years

Source: Crypto news

Date: Tue, 27 Dec 2022 11:33:36

Bitcoin ASIC miners' prices have dropped by more than 80% since late 2021. While asset prices decline, the mining scene is flooded by rigs.

Bitcoin Price Analysis: 16922 Level Tested - 28 December 2022

Source: Crypto Daily

Date: Tue, 27 Dec 2022 11:00:00

BTC/USD Tests 16922 Technical Level:  Sally Ho's Technical Analysis – 28 December 2022 Bitcoin (BTC/USD) failed to sustain recent upside progress early in the Asian session as the pair fell back to the 16795.53 area after trading as high as the 16920.10 level, representing a test of the 50% retracement of the appreciating range from 15460 to 18385.36.   The pair continues to orbit the  16880.44 area, a level that represents the 23.6% retracement of the depreciating range from 21478.80 to 15460.

Bitcoin volatility index hits historic all-time low

Source: CryptoSlate

Date: Tue, 27 Dec 2022 10:31:16

According to TradingView data analyzed by CryptoSlate, Bitcoin (BTC) volatility index fell to its all-time lowest on December 27. The post Bitcoin volatility index hits historic all-time low appeared first on CryptoSlate.

Negative News

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin's Bottom

Source: Bitcoin

Date: Tue, 27 Dec 2022 14:30:21

As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market.

Bitcoin Jack's BTC trading is based on a list of risks and components

Source: Cointelegraph

Date: Tue, 27 Dec 2022 12:05:00

When evaluating the crypto market, Bitcoin Jack looks at multiple components from a self-made list, basing his analysis more on timing than specific price levels.

Bitcoin Mining Firm Argo Blockchain Halts Operations For 24 Hours

Source: TheNewsCrypto

Date: Tue, 27 Dec 2022 11:54:10

Agro Blockchain, a London-based bitcoin mining company, has stated that it would reopen on Wednesday, December 28. Given that the London Stock Exchange is closed on Tuesday, December 27th, the corporation said that it has sought a 24-hour trading halt with the United States.

 

ETHEREUM (ETH)

Current Price: $ 1,211.2 (24h Changes: -0.54 %)

Current Market Cap: $ 146,010,992,077 (24h Changes: -0.54 %)

Positive News

Trader Known for Calling May 2021 Crypto Collapse Says Bitcoin Flashing Historic Rally Signal, Weighs In on Ethereum

Source: The Daily Hodl

Date: Tue, 27 Dec 2022 14:05:51

An analyst and trader known for calling the crypto market collapse of May 2021 says that Bitcoin (BTC) is now flashing historic signs of a new bull run.

5 altcoin projects that made a real difference in 2022

Source: Cointelegraph

Date: Tue, 27 Dec 2022 14:05:00

2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry.

Analyst Explains Why Ethereum Is Bullish Against Bitcoin

Source: NewsBTC

Date: Tue, 27 Dec 2022 14:00:35

An analyst has explained that the absence of miners on the Ethereum network could be bullish for the ETHBTC ratio. Miners Provide A Persistent Selling Pressure On Bitcoin As explained in a tweet by Tom Dunleavy, a Messari research analyst, BTC miners sell almost all the coins they mine.

Neutral News

Crypto Analyst Predicts Epic Rally for Litecoin, Updates Outlook on Ethereum, Chainlink and Two Additional Altcoins

Source: The Daily Hodl

Date: Tue, 27 Dec 2022 10:30:47

A popular crypto strategist says that Litecoin (LTC) could go on an epic surge before the peer-to-peer payments network's halving event next year. Pseudonymous analyst Rekt tells his 329,900 Twitter followers that Litecoin is showing signs of strength on the higher timeframe after rallying above its long-term accumulation level.

Arbitrum Drops Ethereum to Three-Year Lows and Breaks All-Time High

Source: UToday

Date: Tue, 27 Dec 2022 09:39:00

Ethereum Layer 2 Arbitrum One takes big chunk from its "big brother" and sets new absolute high in major metric

SHIB Flips SOL by Market Cap, Solana Projects Likely to Move to Ethereum: Crypto Expert

Source: UToday

Date: Tue, 27 Dec 2022 07:39:00

Popular crypto blogger believes that projects are likely to begin moving off Solana chain

Negative News

Assessing whether or not Ethereum's [ETH] price will fall below $1000

Source: AMBCrypto

Date: Tue, 27 Dec 2022 13:30:34

With a consistent decline in new demand for leading altcoin Ethereum [ETH], its price might fall below the $1000 mark, CryptoQuant analyst Greatest Trader opined.

Bitcoin, Ethereum, Dogecoin May Surprise During Holiday Lull But Analysts Warn Crypto Investors Of A Bumpy Ride In 2023

Source: Benzinga

Date: Tue, 27 Dec 2022 11:10:38

Christmas has come and gone and we are now just a few days short of saying goodbye to 2022 — a year that many cryptocurrency investors and traders would perhaps best like to forget. What Happened: Since it is possible to trade Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) during the holidays, it is pertinent to consider how to approach digital assets during the holiday season.

More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX's Collapse

Source: Bitcoin

Date: Tue, 27 Dec 2022 07:30:26

For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356,848 bitcoin and 4.48 million ether were withdrawn from a myriad of crypto trading platforms worldwide.

 

BINANCE (BNB)

Current Price: $ 246.09 (24h Changes: 1.36 %)

Current Market Cap: $ 40,189,339,943 (24h Changes: 1.35 %)

Positive News

BNB beacon chain testnet upgrade to go live in January

Source: Crypto news

Date: Tue, 27 Dec 2022 13:36:04

BNB beacon chain testnet is set to undergo a hard fork upgrade dubbed Einstein next week. It requires all node operators to update their software before the process begins.

7 Cryptos to Watch During the Final Days of 2022

Source: Investorplace

Date: Tue, 27 Dec 2022 10:42:28

With cryptos currently mired in the lull of the holiday season, it's best for investors to stay vigilant rather than to make big moves.

8 Best Cryptos To Invest in During the January 2023 Bear Market

Source: Invezz

Date: Tue, 27 Dec 2022 04:22:02

The current crypto bear market might seem like a daunting time to invest. Still, it represents an incredible opportunity for long-term investors to pick up tokens at discount prices.

Negative News

Could Binance's BNB Crypto Be in Trouble After FTX Meltdown?

Source: Investorplace

Date: Tue, 27 Dec 2022 13:57:30

Binance could be forced into a tough decision very soon: de-list its BNB crypto in the U.S., or face charges from the SEC.

Binance (BNB) Price Might Face 2008-Style Macro Collapse, Warns Analyst

Source: CoinPedia

Date: Tue, 27 Dec 2022 07:29:55

BNB was one of the best-performing cryptos in 2022, but it may crash in 2023. The exchange did well till now despite the FTX crash and other issues. As the year ends, the coin's future seems gloomy, and many fear it may tumble lower.

Binance Smart Chain (BSC) TVL drops to 19-month lows, DeFi's down by 78%

Source: Crypto news

Date: Tue, 27 Dec 2022 06:51:37

DeFi TVL plunged by 78% from it's all-time high of $181.2 billion while BSC TVL dropped to 19-month lows.

 

CARDANO (ADA)

Current Price: $ 0.26 (24h Changes: -1.2 %)

Current Market Cap: $ 9,110,260,924 (24h Changes: -1.17 %)

Positive News

Cardano ‘Sharks' Scoop Up $83 Million Worth Of ADA Even As Price Continues To Head South

Source: Zycrypto

Date: Tue, 27 Dec 2022 14:06:41

Nevertheless, despite the brutal winter, Cardano sharks seem to be splurging more money towards ADA at current discounted prices.

XRP, DOGE, ADA: Top 10 Cryptos by Market Cap Undergo Significant Changes

Source: UToday

Date: Tue, 27 Dec 2022 10:52:00

Dogecoin and Cardano tokens unexpectedly switch places in market cap top

7 Cryptos to Watch During the Final Days of 2022

Source: Investorplace

Date: Tue, 27 Dec 2022 10:42:28

With cryptos currently mired in the lull of the holiday season, it's best for investors to stay vigilant rather than to make big moves.

Neutral News

Cardano Remains King Of Dev Activity, Will Price Follow In 2023?

Source: Bitcoinist

Date: Tue, 27 Dec 2022 09:30:05

Data shows Cardano is still at the top of the developer activity list, despite the crypto's price not having the best of times recently.

Cardano Founder Touts NFTs, Despite Collapsing Trade Volumes

Source: Dailycoin

Date: Tue, 27 Dec 2022 09:18:06

Charles Hoskinson believes NFTs will be bigger than crypto, despite volumes being at all-time lows.

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

Source: The Cryptonomist

Date: Tue, 27 Dec 2022 04:59:55

The Fear and Greed Index is 27 Fear and is -1 from Monday's reading of 28 Fear

 

RIPPLE (XRP)

Current Price: $ 0.37 (24h Changes: 0.94 %)

Current Market Cap: $ 18,639,844,997 (24h Changes: 0.92 %)

Positive News

Why is XRP Price up? SEC Lawsuit Resolution in sight?

Source: CryptoTicker

Date: Tue, 27 Dec 2022 13:48:41

Why is XRP price up? Will 2023 be the year for a Ripple win over the SEC?

Bitcoin, Ethereum And XRP Price Predictions For December: Short-Term Breakouts For Everyone

Source: BeInCrypto

Date: Tue, 27 Dec 2022 13:00:00

The Bitcoin (BTC) and Ethereum (ETH) prices are trading inside bullish patterns but have yet to break out. The Ethereum (ETH) price.

XRP, DOGE, ADA: Top 10 Cryptos by Market Cap Undergo Significant Changes

Source: UToday

Date: Tue, 27 Dec 2022 10:52:00

Dogecoin and Cardano tokens unexpectedly switch places in market cap top

Neutral News

XRP Price Prediction 2023 – SEC v Ripple Case to Define the Landing

Source: FXEmpire

Date: Tue, 27 Dec 2022 09:38:39

After a particularly bearish 2022, it could be a decisive 2023 for XRP and the broader crypto market. The SEC v Ripple case will be the focal point.

Ripple Ally Asks Court to Impose “Modest” Civil Penalty

Source: UToday

Date: Tue, 27 Dec 2022 01:38:00

The Commission and LBRY now find themselves at an impasse regarding the remedies the SEC can seek

Negative News

SEC Attempts To Seal Crucial Documents in XRP Lawsuit With Ripple

Source: The Daily Hodl

Date: Tue, 27 Dec 2022 12:55:12

The U.S. Securities and Exchange Commission (SEC) has filed to seal certain critical documents relating to its lawsuit against the San Francisco payments company Ripple.

XRP Price Flashes “Sell Signal” As SEC vs Ripple Verdict Comes Close

Source: Coingape

Date: Tue, 27 Dec 2022 11:58:13

Ripple's cross-border settlement token, XRP, has lately been on a short-term relief rally, although experiencing a complete roller coaster ride this year. Since the onset of the Securities and Exchange Commission (SEC) vs.

XRP chart exhibits ‘sell signal' as Ripple v. SEC lawsuit heats up

Source: Finbold

Date: Tue, 27 Dec 2022 09:43:37

XRP is recording a short-term rally after days of consolidating around the $0.35 zone at a time the cryptocurrency community is awaiting the outcome from Ripple and the Securities Exchange Commission (SEC) court case. 

 

SOLANA (SOL)

Current Price: $ 10.99 (24h Changes: -1.88 %)

Current Market Cap: $ 4,039,047,218 (24h Changes: -1.95 %)

Positive News

Trillion-$-asset-manager to start an NFT marketplace for Ethereum, Solana, Polygon, and more

Source: CryptoNewsFlash

Date: Tue, 27 Dec 2022 10:09:36

Fidelity seeks to offer essential services like retirement funds, mutual funds, financial planning, and investment management in the metaverse.

Solana surpasses Polygon: will the price of the crypto go up?

Source: The Cryptonomist

Date: Tue, 27 Dec 2022 03:06:28

It has become the world's second-largest blockchain in terms of NFT volumes traded, after Ethereum

Neutral News

Solana DeFi Project Mercurial to Relaunch as 'Meteora,' Replace MER Token

Source: Coindesk

Date: Tue, 27 Dec 2022 09:59:35

Mercurial is the latest to move away from FTX's shadow.

Q&A: A Conversation With Solana Founders Raj and Anatoly

Source: Blockworks

Date: Tue, 27 Dec 2022 09:57:43

Many Solana unicorn projects are transitioning to multichain futures, but founders Anatoly Yakovenko and Raj Gokal haven't lost hope yet

SHIB Flips SOL by Market Cap, Solana Projects Likely to Move to Ethereum: Crypto Expert

Source: UToday

Date: Tue, 27 Dec 2022 07:39:00

Popular crypto blogger believes that projects are likely to begin moving off Solana chain

Negative News

Solana suffers huge blow as DeGods and Y00ts plans to shift to Ethereum and Polygon

Source: CryptoNewsFlash

Date: Tue, 27 Dec 2022 14:11:01

According to the report, DeGods would be moving to Ethereum while Polygon also welcomes y00ts with open arms.

Top Solana NFT Projects 'DeGods' And 'Y00ts' Leaving SOL, Switching To These 2 Blockchains

Source: Benzinga

Date: Tue, 27 Dec 2022 13:32:39

"DeGods" and "Y00ts," two of the top non-fungible token (NFT) projects on the Solana (CRYPTO: SOL) platform, have announced that they will be leaving the SOL ecosystem. The DeGods team will be switching to Ethereum (CRYPTO: ETH), while Y00ts will migrate to Polygon (CRYPTO: MATIC), both in the first quarter of the year.

With DeGods and y00ts set to leave Solana, NFT creator jumps in to answer ‘why'

Source: AMBCrypto

Date: Tue, 27 Dec 2022 12:30:19

The departure of DeGods and y00ts from the Solana [SOL] blockchain has been the talk of the NFT community ever since the news came out. These NFT projects are arguably the most important ones in the Solana ecosystem.

 

AVALANCHE (AVAX)

Current Price: $ 11.61 (24h Changes: -0.19 %)

Current Market Cap: $ 3,618,947,167 (24h Changes: -0.18 %)

Positive News

Avalanche (AVAX) Is Set for Major Rebound According to This Indicator

Source: UToday

Date: Tue, 27 Dec 2022 06:47:00

Avalanche is paring off its losses as it prepares for renewed growth push

 

NEAR (NEAR)

Current Price: $ 1.34 (24h Changes: -1.36 %)

Current Market Cap: $ 1,133,493,759 (24h Changes: -1.25 %)

Positive News

NEAR Protocol bulls try to overrun a region of resistance — will they succeed?

Source: AMBCrypto

Date: Tue, 27 Dec 2022 08:30:18

Bitcoin [BTC] hasn't managed to show a notable trend on the charts over the past ten days, not even on the lower timeframes. There were liquidity grabs and quick price movements that shook out over-leveraged traders.

8 Best Cryptos To Invest in During the January 2023 Bear Market

Source: Invezz

Date: Tue, 27 Dec 2022 04:22:02

The current crypto bear market might seem like a daunting time to invest. Still, it represents an incredible opportunity for long-term investors to pick up tokens at discount prices.

Negative News

NEAR Protocol Project Octopus Network Lays Off 40% of Team

Source: Decrypt

Date: Tue, 27 Dec 2022 06:37:20

Octopus joins firms like Coinbase and OpenSea, who have all made big cuts to staff numbers in 2022 amid the challenging market environment.

 

COSMOS (ATOM)

Current Price: $ 9.25 (24h Changes: 1.64 %)

Current Market Cap: $ 2,708,351,393 (24h Changes: 1.59 %)

Positive News

5 altcoin projects that made a real difference in 2022

Source: Cointelegraph

Date: Tue, 27 Dec 2022 14:05:00

2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry.

$ATOM: Coin Bureau Host Gives 4 Reasons For Being So Bullish on Cosmos

Source: CryptoGlobe

Date: Tue, 27 Dec 2022 11:59:11

The popular pseudonymous host of crypto market analysis show “Coin Bureau” explained in a recent interview why he is so bullish on $ATOM, the native coin of proof-of-stake (PoS) blockchain Cosmos.

Coin Bureau Names Top Altcoins To Invest in During a Recession

Source: The Daily Hodl

Date: Tue, 27 Dec 2022 07:45:17

A popular crypto analyst is ranking Cosmos (ATOM) and Algorand (ALGO) among his top five altcoins to invest in during a recession.

 

POLKADOT (DOT)

Current Price: $ 4.49 (24h Changes: -0.85 %)

Current Market Cap: $ 5,327,724,864 (24h Changes: -0.88 %)

Positive News

Polkadot blockchain leading Web3, its social reach exceeds 43 million

Source: The Cryptonomist

Date: Tue, 27 Dec 2022 03:01:33

Bill Noble's words about Polkadot and the project's intentions for 2023

 

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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