What Happens To L1 Tokens Today? (29 Nov 2022, Tuesday)


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BITCOIN (BTC)

Current Price: $ 16,235.59 (24h Changes: -1.98 %)

Current Market Cap: $ 312,034,207,188 (24h Changes: -2.0 %)

Positive News

Texas recognizes the value of  Bitcoin

Source: Cryptopolitan

Date: Mon, 28 Nov 2022 14:39:22

Greg Abbott, the governor of Texas, says his state “wants to be the core of that” and recognizes the value of what Bitcoin means to the entire world.

Fidelity Begins Opening Retail Bitcoin Trading Accounts

Source: Bitcoin Magazine

Date: Mon, 28 Nov 2022 14:26:52

Certain users have received emails detailing their new access to purchase and sell bitcoin on the Fidelity platform.

Bitcoin Jumps Briefly After Fed Minutes Indicate Officials Favor Slower Rate Hikes

Source: Coindesk

Date: Mon, 28 Nov 2022 14:00:08

Bitcoin (BTC) briefly jumped about 1% after minutes from the Federal Reserve's November meeting showed that the majority of central bankers prefer a slower pace of rate hikes going forward. Brett Sifling, director of Get Invested at Gerber Kawasaki, discusses his crypto markets analysis amid continued macro headwinds.

Neutral News

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Source: Cointelegraph

Date: Mon, 28 Nov 2022 14:41:43

Turmoil in China, concerns over the global economy and BlockFi's bankruptcy filing are all weighing on crypto markets this week.

Binance Makes Multi-Billion Dollar Transfers Following FTX's Collapse

Source: EWN

Date: Mon, 28 Nov 2022 14:08:21

Binance has moved around several billion since the collapse of FTX. The latest transfer, worth $2 billion came earlier today.

Bloomberg Analyst Says Ethereum (ETH) Will Hold Up Better Than Bitcoin (BTC) in Next Market Correction

Source: The Daily Hodl

Date: Mon, 28 Nov 2022 14:05:17

Bloomberg Intelligence senior macro strategist Mike McGlone says that Ethereum (ETH) is showing strong support, while Bitcoin (BTC) will likely fall lower. In a new interview with Deep Dive host Cassandra Leah, McGlone says Bitcoin could drop 38% from its current trading price, comparing the risk asset to Internet stocks during the dot.com bust.

Negative News

Research: Binance led 2017 ‘dump money' Bitcoin investment; FTX leads 2022 cycle

Source: CryptoSlate

Date: Mon, 28 Nov 2022 13:52:17

Bitcoin (BTC) withdrawal patterns on centralized exchanges have changed significantly over the past five years. The post Research: Binance led 2017 ‘dump money' Bitcoin investment; FTX leads 2022 cycle appeared first on CryptoSlate.

Bitcoin, Ethereum Slide Lower With Stocks Amid China Unrest, Crypto Contagion Fears

Source: Decrypt

Date: Mon, 28 Nov 2022 13:48:51

Markets appear to have been rattled by COVID protests in China. BlockFi's bankruptcy announcement hasn't helped either.

Bitcoin [BTC] retail investors embrace the crypto winter while whales shy away

Source: AMBCrypto

Date: Mon, 28 Nov 2022 13:30:14

Bitcoin retail investors have been constantly showing interest in BTC  However, velocity, volume, and daily activity continued to decline  Bitcoin holders, who have been on the receiving end of selling pressure, could have some reasons for optimism in the coming future.

 

ETHEREUM (ETH)

Current Price: $ 1,171.77 (24h Changes: -3.53 %)

Current Market Cap: $ 141,220,463,386 (24h Changes: -3.54 %)

Positive News

'I Love Investing In Markets In Which Other Investors Are Panicking': Former Hedge Fund Manager Shares Ethereum Trade Idea

Source: Benzinga

Date: Mon, 28 Nov 2022 11:58:15

Former hedge fund manager Whitney Tilson used a weekly email to subscribers to share a potential trade idea centered around Ethereum (CRYPTO: ETH), the second-largest cryptocurrency. What Happened: Tilson is a well-known voice covering the markets daily.

Wrapped ether remains perfectly fine, despite jokes on Twitter

Source: The Block

Date: Mon, 28 Nov 2022 11:54:56

Crypto Twitter has made a parody of the idea that wrapped ether might be in trouble. Here's why there's no need for alarm. The post Wrapped ether remains perfectly fine, despite jokes on Twitter appeared first on The Block.

Neutral News

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Source: Cointelegraph

Date: Mon, 28 Nov 2022 14:41:43

Turmoil in China, concerns over the global economy and BlockFi's bankruptcy filing are all weighing on crypto markets this week.

Bloomberg Analyst Says Ethereum (ETH) Will Hold Up Better Than Bitcoin (BTC) in Next Market Correction

Source: The Daily Hodl

Date: Mon, 28 Nov 2022 14:05:17

Bloomberg Intelligence senior macro strategist Mike McGlone says that Ethereum (ETH) is showing strong support, while Bitcoin (BTC) will likely fall lower. In a new interview with Deep Dive host Cassandra Leah, McGlone says Bitcoin could drop 38% from its current trading price, comparing the risk asset to Internet stocks during the dot.com bust.

Can Ethereum [ETH] maintain its stability despite the hawkish circumstances?

Source: AMBCrypto

Date: Mon, 28 Nov 2022 12:30:59

Ethereum's burning rate was more than minting activities, resulting in a good supply rate Staking activities were actively operational, although it was insignificant to ETH's price Ethereum [ETH] seemed to have sustained a good performance despite the unpleasant nature of the crypto market. This was the opinion of Easy OnChain, a CryptoQuant analyst.

Negative News

Bitcoin, Ethereum Slide Lower With Stocks Amid China Unrest, Crypto Contagion Fears

Source: Decrypt

Date: Mon, 28 Nov 2022 13:48:51

Markets appear to have been rattled by COVID protests in China. BlockFi's bankruptcy announcement hasn't helped either.

Ethereum Loses Demand Zone Again As Bears Dominate – Is $700 Realistic For Investors?

Source: NewsBTC

Date: Mon, 28 Nov 2022 10:00:19

ETH price losses key demand zone of $1,200 again Price remains weak as bears battle bulls; so much uncertainty in the market  ETH price gets rejected from a low of $1,220 on the high timeframe The price of Ethereum (ETH) trading below $1,200 continues as the price faced rejection, breaking and trending higher to a region of $1,300 after showing from price action bouncing off from its weekly low of $1,080. In the high timeframe, the price of Ethereum (ETH) looks weak, with a probable result of a downtrend movement compared to an upside.

Ethereum: Crypto Analyst Explains Why ‘$600 ETH Is Potentially in the Cards'

Source: CryptoGlobe

Date: Mon, 28 Nov 2022 09:17:27

On 27 November 2022, crypto analyst Benjamin Cowen shared his thoughts on Bitcoin's and Ethereum's price action. Cowen's comments were made during an interview on “Altcoin Daily” that was released yesterday.

 

BINANCE (BNB)

Current Price: $ 293.29 (24h Changes: -6.37 %)

Current Market Cap: $ 47,886,302,817 (24h Changes: -6.32 %)

Positive News

BNB Price Prediction: Will Binance Coin Recover?

Source: InvestingCube

Date: Mon, 28 Nov 2022 07:47:37

On Tuesday last week, the BNB token started an aggressive bullish move that saw its price surge by more than 25 per cent.

Neutral News

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Source: Cointelegraph

Date: Mon, 28 Nov 2022 14:41:43

Turmoil in China, concerns over the global economy and BlockFi's bankruptcy filing are all weighing on crypto markets this week.

Why ApeCoin Is Popping While Solana and Binance Coin Are Dropping

Source: The Motley Fool

Date: Mon, 28 Nov 2022 13:45:10

Speculation and risk are the two drivers of crypto moves today.

Why BNB could take 2nd spot?

Source: Cryptopolitan

Date: Mon, 28 Nov 2022 05:41:05

BNB is on the move following a price correction after breaking past the $300 mark. Market participants expect better Binance coin performance as the market recovers.

Negative News

Bitcoin, Binance Coin, Dogecoin, and Litecoin Daily Price Analyses – 28 November Morning Prediction

Source: Cryptopolitan

Date: Mon, 28 Nov 2022 10:58:36

The global crypto market has continued to shed value as it couldn't regain momentum. The ongoing changes show that Bitcoin, Binance Coin, and others weren't able to turn bullish.

BNB Drops 6% as "Dr. Doom" Roubini's Criticism of CZ Considered Bullish by Some in Community

Source: UToday

Date: Mon, 28 Nov 2022 06:39:00

Vocal critic of crypto, and Binance's CZ in particular, shares his sarcasm over recent BNB price fall

Bitcoin Drops Toward $16K, SOL, BNB, LTC Dump by 6% (Market Watch)

Source: CryptoPotato

Date: Mon, 28 Nov 2022 04:51:05

Litecoin recently charted a six-month high but is down now by about 7%.

 

CARDANO (ADA)

Current Price: $ 0.31 (24h Changes: -3.85 %)

Current Market Cap: $ 10,754,168,864 (24h Changes: -3.9 %)

Positive News

Сardano's AdaSwap Goes Live on Mainnet

Source: UToday

Date: Mon, 28 Nov 2022 14:38:00

The Cardano-focused project, which was been endorsed by “Wonder Woman” star Gal Gadot, has launched on the mainnet

Cardano Price Prediction as Smart Contracts on Platform Grow Over 300% in 2022

Source: Cryptonews

Date: Mon, 28 Nov 2022 13:58:00

Cardano price prediction is bearish, but the double bottom pattern will likely support it around $0.2960. A bullish reversal could be triggered by candles closing above this level. 

Elon Musk's Twitter Takeover Will Bring 200,000,000 More Users to Crypto, Says Cardano Creator Charles Hoskinson

Source: The Daily Hodl

Date: Mon, 28 Nov 2022 12:55:38

Cardano (ADA) creator Charles Hoskinson says that tech mogul Elon Musk has the ability to onboard 200 million more people to crypto with his recent purchase of social media giant Twitter.

Neutral News

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Source: Cointelegraph

Date: Mon, 28 Nov 2022 14:41:43

Turmoil in China, concerns over the global economy and BlockFi's bankruptcy filing are all weighing on crypto markets this week.

Cardano [ADA] now has $7 million in native tokens, but

Source: AMBCrypto

Date: Mon, 28 Nov 2022 07:30:33

The Cardano blockchain has already passed a significant milestone with seven million native tokens. Data from the pool.pm showed that 7,055,456 native assets have now been created on the Cardano blockchain using 65,652 different minting policies.

Cardano's [ADA] development update is sure to leave you spellbound

Source: AMBCrypto

Date: Mon, 28 Nov 2022 06:30:37

Several promising developments happened in the Cardano ecosystem last week  However, metrics were not supporting ADA's price recovery Input Output Global recently posted weekly statistics of the Cardano [ADA] ecosystem, which revealed quite a few interesting updates. The tweet mentioned that the total number of transactions on the blockchain reached 55.3 million, which was commendable.

Negative News

ADA Price Prediction: Bears Target Sub-$0.300 on Risk Aversion

Source: FXEmpire

Date: Mon, 28 Nov 2022 03:51:06

ADA was under pressure this morning. Barring Cardano network updates, FTX news and the NASDAQ Index will likely be the key drivers.

 

RIPPLE (XRP)

Current Price: $ 0.39 (24h Changes: -4.84 %)

Current Market Cap: $ 19,378,525,259 (24h Changes: -4.91 %)

Neutral News

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Source: Cointelegraph

Date: Mon, 28 Nov 2022 14:41:43

Turmoil in China, concerns over the global economy and BlockFi's bankruptcy filing are all weighing on crypto markets this week.

Millions of XRP Suddenly Moved to Bitstamp, Here's What Happened

Source: UToday

Date: Mon, 28 Nov 2022 08:57:00

Bitstamp has received massive lump of XRP from anonymous wallet

Top Analyst Streamlines Fresh Targets for Litecoin(LTC), XRP & Ethereum (ETH) Price

Source: CoinPedia

Date: Mon, 28 Nov 2022 05:16:42

The past weekend was pretty bullish for the crypto space as the prices were slightly inflationary.  Moreover, continued consolidation of around $16,500 was believed to offer a bullish push to Bitcoin and the entire market. But with a fresh weekly start, the bears quickly pulled off some profits, adversely impacting the prices to some extent.

Negative News

Biggest Movers: DOGE Down 10%, XRP Extends Declines

Source: Bitcoin

Date: Mon, 28 Nov 2022 11:30:24

Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday's high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned their positions, opting to secure profits. Xrp, formerly known as ripple, fell for a third straight session on Monday.

Ripple Lawsuit Resolution Would Be Epic for Crypto, Capital Venture Founder Predicts

Source: UToday

Date: Mon, 28 Nov 2022 06:06:00

Case resolution might come sooner than you think

XRP wipes $800 million from its market cap in a day as buying pressure cools off

Source: Finbold

Date: Mon, 28 Nov 2022 05:34:18

XRP has enjoyed a sustained rally in recent weeks despite the general cryptocurrency market operating in bearish conditions. Notably, the asset has received a boost from the ongoing case between its parent company Ripple and the Securities Exchange Commission (SEC).

 

SOLANA (SOL)

Current Price: $ 13.37 (24h Changes: -6.61 %)

Current Market Cap: $ 4,856,904,564 (24h Changes: -6.69 %)

Positive News

Solana ecosystem explodes by over 8M daily new NFTs – Will it drive SOL price to $30?

Source: CryptoNewsFlash

Date: Mon, 28 Nov 2022 11:00:46

Solana's NFT ecosystem saw explosive growth in daily new NFTs during Q3 according to Messari.  So far in Q4, the Solana ecosystem has been set back by an over 59 percent price crash.

Solana [SOL] outperforms its competitors in this area

Source: AMBCrypto

Date: Mon, 28 Nov 2022 02:30:27

Despite the prevailing bear market, Solana showed growth in active addresses and the number of transactions  Its performance in the DeFi sector was not satisfactory Solana [SOL] did not have the best year. It was the recipient of constant negative attention, thanks to the network outages and Solana's alleged exposure to FTX.

Neutral News

Why ApeCoin Is Popping While Solana and Binance Coin Are Dropping

Source: The Motley Fool

Date: Mon, 28 Nov 2022 13:45:10

Speculation and risk are the two drivers of crypto moves today.

Price analysis of Bitcoin, Ethereum, Solana and Litecoin

Source: The Cryptonomist

Date: Mon, 28 Nov 2022 07:48:15

The last week of November ends colored with hopeful green

These Ethereum Competitors Are Down Over 90% -- Are They Worth the Risk?

Source: The Motley Fool

Date: Mon, 28 Nov 2022 07:30:00

While nearly all cryptos are down for the year, Ethereum's Layer 1 blockchain rivals have suffered the biggest declines.

Negative News

Over $643,000,000 in Solana (SOL) Now Controlled by Liquidators as Part of Alameda Research Bankrutpcy Process: On-Chain Data

Source: The Daily Hodl

Date: Mon, 28 Nov 2022 14:45:20

A platform dedicated to tracking Solana's key on-chain metrics says hundreds of millions of dollars worth of SOL are now in the hands of Alameda Research liquidators. Solana Compass reveals that Sam Bankman-Fried's bankrupt trading firm Alameda Research previously controlled 48,636,772 SOL tokens worth over $643 million at time of writing.

SOL Risks Crashing Hard as Binance Terminates Trading Pairs for Solana-based Exchange Serum Token

Source: Zycrypto

Date: Mon, 28 Nov 2022 14:34:29

Binance has delisted three Serum (SRM) trading pairs as the effects of FTX's collapse continue reverberating through the crypto industry.

Solana's volatility increased by 259% over a month, but here's the catch

Source: AMBCrypto

Date: Mon, 28 Nov 2022 10:30:27

Public perception of Solana continues to be negative Despite the negative reception, the platform's NFTs show improvements Solana [SOL] has been on the receiving end of criticism over the last year, owing to its network outages and exposure to Alameda Research.

 

 

POLKADOT (DOT)

Current Price: $ 5.17 (24h Changes: -4.41 %)

Current Market Cap: $ 6,076,898,268 (24h Changes: -4.43 %)

Positive News

Will Polkadot be the hidden gem of this bear market? Metrics reveal

Source: AMBCrypto

Date: Mon, 28 Nov 2022 04:30:02

The social engagement metric of Polkadot increased  The number of active addresses too registered a spike, however, DOT's volume went down Despite the FUD surrounding the crypto market, DOT's prices grew markedly over the last week.

Neutral News

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Source: Cointelegraph

Date: Mon, 28 Nov 2022 14:41:43

Turmoil in China, concerns over the global economy and BlockFi's bankruptcy filing are all weighing on crypto markets this week.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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