What Happens To L1 Tokens Today? (28 Nov 2022, Monday)

What Happens To L1 Tokens Today? (28 Nov 2022, Monday)


"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: $ 16,555.9 (24h Changes: 0.33 %)

Current Market Cap: $ 318,322,592,453 (24h Changes: 0.27 %)

Positive News

Bitcoin price consolidation has shifted traders to these 4 altcoins

Source: Cointelegraph

Date: Sun, 27 Nov 2022 11:26:21

DOGE, LTC, LINK, and APE are showing signs of buying even as Bitcoin's next directional move remains uncertain.

El Salvador Launches a National Bitcoin Office (ONBTC)

Source: CryptoPotato

Date: Sun, 27 Nov 2022 11:07:35

The "specialized administrative unit" ONBTC will coordinate and consult all bitcoin projects in El Salvador.

Fundstrat's Tom Lee Says He's Still a Bitcoin Bull, Predicts Crypto Firms Emerge Stronger From Market Turmoil

Source: The Daily Hodl

Date: Sun, 27 Nov 2022 10:30:38

Hedge fund veteran Tom Lee remains long-term bullish on Bitcoin (BTC) and expects the crypto industry to come out of its bear market stronger than before. In a new interview on CNBC, the Fundstrat managing partner says while 2022 has been “terrible” for crypto investors, he thinks a new chapter could be emerging.

Neutral News

Trader Claims Bitcoin May Drop Much Lower

Source: UToday

Date: Sun, 27 Nov 2022 14:27:00

There's a “decent probability" that Bitcoin sees another price crash, a prominent trader says

Bitcoin Miners' Revenue Lowest Since November 2020

Source: CryptoPotato

Date: Sun, 27 Nov 2022 14:12:42

Bitcoin miner revenue is at its lowest point since November 2020 as the price continues to struggle around $16.5K.

Bitcoin Core 24, Bitcoin's controversial upgrade is now live

Source: CryptoSlate

Date: Sun, 27 Nov 2022 11:46:17

Bitcoin Core 24, the long-awaited but controversial upgrade was activated on November 26, opening the door for the Bitcoin memory pool that will serve as a waiting room for unconfirmed transactions.

Negative News

Elon Musk Floats New Conspiracy Theory About The Identity Of Elusive Bitcoin Creator Satoshi Nakamoto

Source: Benzinga

Date: Sun, 27 Nov 2022 14:23:16

Satoshi Nakamoto is the name used by the presumed pseudonymous person(s) who developed apex cryptocurrency Bitcoin (CRYPTO: BTC), but Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has taken a "conspiracy" spin on how the name came into being. What Happened: Musk took to Twitter to highlight that the name ‘Satoshi Nakamoto' is apparently derived from the names of four companies – Samsung Electronics, Toshiba Corp. (OTC:

Bitcoin 'millionaire' wallets drop 80% in year of BTC price bear market

Source: Cointelegraph

Date: Sun, 27 Nov 2022 13:30:00

Twelve months after Bitcoin's last all-time high, seven-figure BTC balances have taken a hit.

Bitcoin (BTC) Mining Income Falls Terribly To Two-year Low

Source: TheNewsCrypto

Date: Sun, 27 Nov 2022 12:00:01

Due to weak market performance and a larger computational demand amid increased network difficulty, Bitcoin miners' income has dropped to.

 

ETHEREUM (ETH)

Current Price: $ 1,214.17 (24h Changes: 0.43 %)

Current Market Cap: $ 146,384,290,032 (24h Changes: 0.43 %)

Positive News

Ethereum Sharks And Whales' ETH Accumulation Tops Two-Year High

Source: Zycrypto

Date: Sun, 27 Nov 2022 10:59:08

Ethereum's sharks and whales are buying ether at the fastest rate seen in years - according to

Ethereum Whale Accumulation Soars To Highest Rate In 2 Years: What That Means For Investors

Source: Benzinga

Date: Sun, 27 Nov 2022 10:55:13

The second largest cryptocurrency, Ethereum (CRYPTO: ETH), traded lower on Friday, falling below the $1,200 level, before bouncing back above the key level early Sunday. According to Santiment, Ethereum whales are accumulating the cryptocurrency at the highest rate since 2020.

Why Ethereum addresses holding more than 100 ETH increased suddenly

Source: AMBCrypto

Date: Sun, 27 Nov 2022 10:30:05

Ethereum addresses holding more than 100 ETH increased in the past weeks Staking rewards and the current price of ETH might be a motivation for the increased accumulation The price of Ethereum [ETH] has fluctuated between extreme highs and lows during the last few months, making investors less eager to invest in the coin.

Neutral News

Bitcoin Price and Ethereum Trade Sideways, Huobi Token Storms 58%

Source: Cryptonews

Date: Sun, 27 Nov 2022 01:20:00

The leading cryptocurrency, Bitcoin, failed to break above the $16,800 level on November 27 and began to fall toward the 38.2% Fibonacci retracement level.

Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

Source: Bitcoin

Date: Sun, 27 Nov 2022 00:00:02

Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations.

Negative News

Ethereum price analysis: Bearish current takes ETH to $1,212 as bulls struggle

Source: Cryptopolitan

Date: Sun, 27 Nov 2022 10:53:25

Ethereum price analysis is dictating a decrease in the price value today. The price levels are falling rapidly, creating a swift bearish slide on the price charts.

Top Crypto Analyst Updates Outlook on XRP and Litecoin, Warns Ethereum Teetering on the Edge

Source: The Daily Hodl

Date: Sun, 27 Nov 2022 05:15:36

A closely followed crypto strategist is updating his stance on XRP and Litecoin (LTC) while warning Ethereum holders that ETH could witness another major sell-off event. In a new strategy session, pseudonymous analyst DonAlt says Ethereum is trading in a tight range between $1,120 and $1,200.

 

BINANCE (BNB)

Current Price: $ 313.05 (24h Changes: -0.1 %)

Current Market Cap: $ 51,144,084,967 (24h Changes: -0.19 %)

Positive News

The week in markets: Dogecoin and Binance's BNB tack on double-digit gains

Source: The Block

Date: Sun, 27 Nov 2022 08:58:52

Crypto prices increased on Wednesday as the Fed's meeting minutes showed a consensus to slow the pace of interest rate increases "soon." The post The week in markets: Dogecoin and Binance's BNB tack on double-digit gains appeared first on The Block.

 

CARDANO (ADA)

Current Price: $ 0.32 (24h Changes: 1.23 %)

Current Market Cap: $ 11,185,248,711 (24h Changes: 1.25 %)

Positive News

Number of Cardano smart contracts grows over 300% in 2022

Source: Finbold

Date: Sun, 27 Nov 2022 07:59:49

Since the introduction of the smart contracts feature on the Cardano (ADA) network, the metric is recording increased growth helping the network inch closer to battling established platforms such as Ethereum (ETH). 

Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million

Source: UToday

Date: Sun, 27 Nov 2022 07:50:00

Cardano has now surpassed previous milestone reached in native tokens minted

Harmony upgrades its LayerZero bridge to link seven new tokens

Source: Crypto news

Date: Sun, 27 Nov 2022 03:06:06

Open-source, decentralized blockchain network, Harmony, has officially upgraded its LayerZero bridge. The blockchain network was announced on Friday, 25th November 2022.

Neutral News

Cryptocurrencies to watch for the week of November 28

Source: Finbold

Date: Sun, 27 Nov 2022 06:03:35

The crypto market is still attempting to move forward from the FTX exchange collapse contagion that has impacted the value of most digital assets. The widespread losses have partly eroded confidence in the crypto market, with several assets registering increased selling pressure.

Negative News

What's Next For Cardano Price As It Auctions At $0.31?

Source: NewsBTC

Date: Sun, 27 Nov 2022 13:50:59

The Cardano price continues to suffer a downtrend throughout the month of November. Over the last 24 hours, ADA registered a 0.6% depreciation.

Charles Hoskinson Says Failed Cardano Stablecoin Project a Total Loss on Investment, ‘Utterly Distasteful'

Source: The Daily Hodl

Date: Sun, 27 Nov 2022 07:45:37

Ethereum (ETH) co-founder Charles Hoskinson is addressing the issue concerning Ardana, a Cardano-based stablecoin project that recently halted operations. In a new video update, Hoskinson says that as an early investor in the project, his investment appears to be a total loss.

 

RIPPLE (XRP)

Current Price: $ 0.4 (24h Changes: 1.09 %)

Current Market Cap: $ 20,364,539,654 (24h Changes: 1.1 %)

Positive News

Dogecoin, Solana, XRP Lead Post-Thanksgiving Gains as Bearish Sentiment Wanes

Source: Zycrypto

Date: Sun, 27 Nov 2022 13:59:34

Dogecoin's native token, DOGE, gained 25% to an intraday high of $0.109 to become the top gainer on Thanksgiving- data from CoinMarketCap shows.

Ripple sets new record with 108,900 XRP used in XRPL NFT sales – Report

Source: CryptoNewsFlash

Date: Sun, 27 Nov 2022 05:00:00

The XRPL Punks NFT collection makes record sales hitting a new milestone for the XRP Ledger.  The XRP Ledger is pushing for more NFT adoption through The $250 million Ripple Creator's Fund.

NFT sells for $44k the highest price yet on XRP Ledger

Source: Crypto news

Date: Sun, 27 Nov 2022 03:06:05

XRP ledger sets a new record today as XRP reported via a tweet that one of the ‘XRPL Punks' sold for 108,900 XRP, equal to $44,000 at the time of transaction.

Neutral News

Are XRP & XRPL Centralized? Ripple Executives Argue

Source: UToday

Date: Sun, 27 Nov 2022 07:10:00

XRP & XRPL decentralization gets challenged, Ripple's former and current top managers provide their points of view

Matt Hamilton on ‘Source of Most of the Disinformation Spread About XRP'

Source: CryptoGlobe

Date: Sun, 27 Nov 2022 05:00:25

On Sunday (27 November 2022), Matt Hamilton, a former Principal Developer Advocate at FinTech firm Ripple, explained the origin of “most of the disinformation spread about XRP.” Hamilton, who is currently Principal Developer Advocate at Protocol Labs, still spends time on Twitter helping to clarify confusion around XRP and XRPL Ledger.

Negative News

Top Crypto Analyst Updates Outlook on XRP and Litecoin, Warns Ethereum Teetering on the Edge

Source: The Daily Hodl

Date: Sun, 27 Nov 2022 05:15:36

A closely followed crypto strategist is updating his stance on XRP and Litecoin (LTC) while warning Ethereum holders that ETH could witness another major sell-off event. In a new strategy session, pseudonymous analyst DonAlt says Ethereum is trading in a tight range between $1,120 and $1,200.

 

SOLANA (SOL)

Current Price: $ 14.33 (24h Changes: 0.62 %)

Current Market Cap: $ 5,200,471,117 (24h Changes: 0.71 %)

Positive News

Dogecoin, Solana, XRP Lead Post-Thanksgiving Gains as Bearish Sentiment Wanes

Source: Zycrypto

Date: Sun, 27 Nov 2022 13:59:34

Dogecoin's native token, DOGE, gained 25% to an intraday high of $0.109 to become the top gainer on Thanksgiving- data from CoinMarketCap shows.

Negative News

Hedera (HBAR) and Solana (SOL) struggle while Orbeon Protocol (ORBN) rapidly sells out presale

Source: Crypto Daily

Date: Sun, 27 Nov 2022 09:30:00

Orbeon Protocol (ORBN) is here to change investing forever. The presale of ORBN has rapidly sold out since the price has already more than doubled, and several analysts anticipate total returns of over 60x.

New Troubling Fact About Solana Revealed, but How Will It Affect SOL Price?

Source: UToday

Date: Sun, 27 Nov 2022 08:22:00

With infamous Alameda Research still holding tens of millions of SOL, we look at how this could affect price of Solana token.

 

AVALANCHE (AVAX)

Current Price: $ 13.18 (24h Changes: 3.33 %)

Current Market Cap: $ 3,968,097,036 (24h Changes: 3.19 %)

Positive News

Avalanche price analysis: AVAX consolidates at $12.94

Source: Cryptopolitan

Date: Sun, 27 Nov 2022 02:14:17

The Avalanche price analysis is bullish for today as the price is rising after a bearish spell that lasted for three days. Overall, AVAX has maintained it's price level since 13 November 2022 other then a dip observed on 20 November 2022, from which it recovered 23rd of this month.

 

COSMOS (ATOM)

Current Price: $ 10.18 (24h Changes: 0.04 %)

Current Market Cap: $ 2,978,394,060 (24h Changes: 0.03 %)

Positive News

Simplified Staking of Oryen Network so popular in Safemoon and Cosmos communities that its price surged by 200% during ICO

Source: Cryptonews

Date: Sun, 27 Nov 2022 09:31:00

The text below is a press release that is not part of Cryptonews.com editorial content.

 

POLKADOT (DOT)

Current Price: $ 5.41 (24h Changes: 1.32 %)

Current Market Cap: $ 6,356,990,728 (24h Changes: 1.27 %)

Positive News

7 Best Cryptos to Buy for December

Source: Investorplace

Date: Sun, 27 Nov 2022 10:04:50

As the crypto winter rolls on, the best cryptos to buy now are those with the largest market capitalizations.

Polkadot incentivizes its community to fight scams

Source: Crypto news

Date: Sun, 27 Nov 2022 03:06:07

Polkadot's protocol that connects blockchains becomes the first to dedicate a centralized Anti-Scam team to campaign against scammers in its ecosystem.

 

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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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