What Happens To L1 Tokens Today? (30 Oct 2022, Sunday)

What Happens To L1 Tokens Today? (30 Oct 2022, Sunday)


"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: $ 20,851 (24h Changes: 0.9 %)
Current Market Cap: $ 399,866,195,352 (24h Changes: 0.86 %)

Positive News

Fidelity Survey: Institutional Investors Plan To Buy More Bitcoin, Ether, And Other Cryptos

Source: Zycrypto

Date: Sat, 29 Oct 2022 15:52:37

Digital asset adoption is expected to grow among institutional investors, contrary to views that a massive sale is still on the way.

Costa Rica Considers Tax Exemption for Bitcoin Transactions

Source: Crypto Daily

Date: Sat, 29 Oct 2022 14:01:09

Costa Rican lawmakers are working to make the country a Bitcoin-friendly nation and have proposed to significantly lower taxes on cryptocurrencies. Costa Rican lawmaker Johana Obando this week presented a bill to Congress regarding the regulation of the cryptocurrency market in the Central American nation.

Bitcoin (BTC) Price Prediction 2025-2030: $70,000 is probable for BTC if

Source: AMBCrypto

Date: Sat, 29 Oct 2022 12:45:57

Bitcoin's resistance of $20,882 may be decisively broken this time since well-known traders believe that the most recent market rebound will endure longer than the one experienced two months ago.

Neutral News

Bitcoin: Assessing the state of BTC after the king coin reaches this ‘four-year low' 

Source: AMBCrypto

Date: Sat, 29 Oct 2022 13:30:20

BTC was leaning towards hitting $21,000. With its price at $20,959, it would have been expected that traders could take advantage of the uptick and grab some profit.

Crypto Whales Abruptly Moves $412M in Ethereum, Bitcoin, and Dogecoin In A Single Day

Source: Benzinga

Date: Sat, 29 Oct 2022 12:13:07

According to the Whale Alert report, various cryptocurrency whales have moved Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and XRP (CRYPTO: XRP) in a 24-hour period, amounting to $412,300,000.  Whales send cryptocurrency from exchanges when planning to hold their investments for an extended period.

Bitcoin Price Analysis: Tricky Trading Treats - 30 October 2022

Source: Crypto Daily

Date: Sat, 29 Oct 2022 12:00:00

BTC/USD a Tricky Treat at Month's End:  Sally Ho's Technical Analysis – 30 October 2022   Bitcoin (BTC/USD) remained volatile ahead of the October month-end trading sessions early in the Asian session as traders wait to see if the pair can sustain some recent upside progress.  Traders recently drove BTC/USD higher to the 21080 area, representing a test of the 38.2% retracement of the depreciating range from 25214.57 to 18527.

Negative News

Bitcoin Bearish Signal: Exchanges Receiving Large Deposits

Source: NewsBTC

Date: Sat, 29 Oct 2022 15:00:51

On-chain data shows the Bitcoin exchange inflows have spiked up over the last day, something that could prove to be bearish for the price of the crypto. Bitcoin Exchange Inflow Mean Has Observed Two Spikes In The Past 24 Hours As pointed out by an analyst in a CryptoQuant post, the two exchange inflow mean spikes amounted to around 21 BTC and 17 BTC respectively.

Research: Measuring liquidity with Bitcoin: Why this crisis spells trouble for Rolexes and real estate

Source: CryptoSlate

Date: Sat, 29 Oct 2022 14:58:16

With the 14th anniversary of the Great Financial Crisis of 2008 approaching, we are about to enter a new debt cycle that could reset the market. The post Research: Measuring liquidity with Bitcoin: Why this crisis spells trouble for Rolexes and real estate appeared first on CryptoSlate.

Bitcoin price analysis: BTC retests $21,000, double top formed?

Source: Cryptopolitan

Date: Sat, 29 Oct 2022 14:09:46

Bitcoin price analysis is bearish today as we have seen a strong higher low set and a strong rally back to $21,000 resistance, where a clear reaction lower was seen. Therefore, BTC/USD has likely formed a double-top reversal pattern and is now ready to decline even further.

ETHEREUM (ETH)

Current Price: $ 1,627.23 (24h Changes: 4.03 %)
Current Market Cap: $ 195,774,482,704 (24h Changes: 4.06 %)

Positive News

Fidelity Survey: Institutional Investors Plan To Buy More Bitcoin, Ether, And Other Cryptos

Source: Zycrypto

Date: Sat, 29 Oct 2022 15:52:37

Digital asset adoption is expected to grow among institutional investors, contrary to views that a massive sale is still on the way.

Zksync 2.0 Goes Live, Promises Lower Gas Fees, Faster Transactions on Ethereum Mainnet

Source: Blockchain News

Date: Sat, 29 Oct 2022 12:46:43

ZkSync 2.0 is a Layer 2 solution working to scale Ethereum.

Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity' in Q1 2023

Source: Bitcoin

Date: Sat, 29 Oct 2022 12:00:20

Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023.

Neutral News

ETH Soars Above $1600 but is a Correction Coming? (Ethereum Price Analysis)

Source: CryptoPotato

Date: Sat, 29 Oct 2022 15:07:34

Following the recent recovery of Bitcoin, Ethereum's price seems to be following suit and is now showing strength after months of bearish price action. The market is breaking above key levels one by one.

Ethereum (ETH) Price Prediction 2025-2030: What are the probabilities of ETH's 500% hike?

Source: AMBCrypto

Date: Sat, 29 Oct 2022 14:45:14

Even though the price of Ethereum is on the rise, it is imperative that the $1,400 support level be protected at all costs. A breach of the barrier might mean one of two things: either investors are taking profits and hedging their bets, or sellers are outnumbering buyers.

Crypto Whales Abruptly Moves $412M in Ethereum, Bitcoin, and Dogecoin In A Single Day

Source: Benzinga

Date: Sat, 29 Oct 2022 12:13:07

According to the Whale Alert report, various cryptocurrency whales have moved Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and XRP (CRYPTO: XRP) in a 24-hour period, amounting to $412,300,000.  Whales send cryptocurrency from exchanges when planning to hold their investments for an extended period.

Negative News

Ethereum censorship debate heats up as censored blocks hits 65% – FUD or simple fix?

Source: CryptoSlate

Date: Sat, 29 Oct 2022 12:06:16

The founder of Gnosis Safe, Martin Koppelmann, took to Twitter to debate the importance of reviewing the state of censorship on the Ethereum blockchain. The post Ethereum censorship debate heats up as censored blocks hits 65% – FUD or simple fix?

Bitcoin Price Outlook: BTC, ETH, Dogecoin Upside Face Risky Week Ahead

Source: DailyFX

Date: Sat, 29 Oct 2022 02:00:00

With the Fed, Bank of England (BoE) and NFP on the economic agenda, can Bitcoin, Ethereum and Dogecoin maintain bullish momentum?

 

BINANCE (BNB)

Current Price: $ 303.77 (24h Changes: 1.69 %)
Current Market Cap: $ 49,729,736,988 (24h Changes: 1.33 %)

Neutral News

Binance Coin (BNB) Price Prediction 2025-2030: BNB's next ATH will be

Source: AMBCrypto

Date: Sat, 29 Oct 2022 13:45:09

Although BNB is more affordable for many investors, Desmond Marshall, the director of Rouge Ventures and Rouge International, thinks Binance Coin might overtake Ethereum. According to him, the implementation of the limits will have the greatest impact on the performance of the Binance currency.



CARDANO (ADA)

Current Price: $ 0.42 (24h Changes: 3.56 %)
Current Market Cap: $ 14,673,968,919 (24h Changes: 3.55 %)

Positive News

Top 3 Blockchains for Non-Fungible Tokens (NFT) for 2023

Source: CryptoTicker

Date: Sat, 29 Oct 2022 11:57:27

In this article, we present the current situation around NFTs and want to take a look at the top 3 blockchains for NFT in 2023.

3 Green, Eco-Friendly Cryptos That Could Overtake Bitcoin

Source: The Motley Fool

Date: Sat, 29 Oct 2022 06:25:00

Energy-intensive cryptos are on the way out. Green, eco-friendly cryptos are on the way in.

Neutral News

Dogecoin Replaces Cardano as 6th Largest Cryptocurrency

Source: Coindesk

Date: Sat, 29 Oct 2022 15:29:42

DOGE's market cap currently exceeds that of Cardano and more than 120 members of the S&P 500.

Cardano (ADA) Price Prediction 2025-2030: What are the LAMBO chances on holding ADA?

Source: AMBCrypto

Date: Sat, 29 Oct 2022 13:15:03

The amount of purchasers on the one-day chart has increased as a result of the altcoin's demand showing significant appreciation. Buyers have taken the control of ADA market for the time being.

Charles Hoskinson Invites Dogecoin to Migrate to Cardano for Free

Source: BeInCrypto

Date: Sat, 29 Oct 2022 11:16:53

Cardano founder Charles Hoskinson says Dogecoin should become a Cardano sidechain and is willing to help the meme coin migrate free of charge. The post Charles Hoskinson Invites Dogecoin to Migrate to Cardano for Free appeared first on BeInCrypto.

 

RIPPLE (XRP)

Current Price: $ 0.47 (24h Changes: 0.41 %)
Current Market Cap: $ 23,677,018,309 (24h Changes: 0.24 %)

Positive News

Why The Blockchain Association Supports Ripple's Efforts Against SEC

Source: Bitcoinist

Date: Sat, 29 Oct 2022 12:10:55

The Blockchain Association filed an amicus brief in the case between the U.S. Securities and Exchange Commission (SEC) versus payment company Ripple. The motion is a tool a party uses to provide the court with additional information in support of the defendant, in this case, the payment company.

Ripple's XRP Hits Remarkable Decentralization Milestone As SEC Lawsuit Heads For Conclusion

Source: Zycrypto

Date: Sat, 29 Oct 2022 11:53:53

XRP holders have a good reason to be cheerful. Distributed ledger startup Ripple now holds less than half of the total XRP supply in its wallets — a huge milestone in the company's efforts to distance itself from the cryptocurrency in order to “desecuritize” it as the SEC v. Ripple lawsuit approaches final ruling.

Is Ripple Ready? SWIFT, Payment Platforms To Enact Upgrade in Coming Months

Source: UToday

Date: Sat, 29 Oct 2022 09:23:00

Is Ripple ready? Swift has accepted its community request to start ISO 20022

Neutral News

Ripple's XRP Holdings Sink Below 50% of the Outstanding Supply for the First Time, According To Quarterly Report

Source: The Daily Hodl

Date: Sat, 29 Oct 2022 12:55:50

Ripple's holdings of XRP have sunk for the first time ever below 50% of the total outstanding token supply, a new report says. Ripple has faced criticism for owning a large amount of XRP with some arguing it gives the group too much control over the XRP Ledger (XRPL), a decentralized public blockchain.

Ripple Claims More Decentralization as XRP Holdings Drop to 50%

Source: CryptoPotato

Date: Sat, 29 Oct 2022 10:53:33

San Francisco-based fintech firm Ripple released its third quarter report revealing that its control over its native token is diminishing.

Why XRP Holders Who Are Taking Profit Should Check These Data In The Coming Days

Source: NewsBTC

Date: Sat, 29 Oct 2022 09:05:32

XRP has struggled to break out of a narrow range over the last few weeks and has failed to make any significant progress in terms of price pump. XRP struggles to surpass he crucial $0.53 resistance marker The altcoin is swinging between narrow ranges in terms of price movement Whales continue to accommodate despite previous selloff The asset's trading data chart reveals it is trapped within a Fibonacci support and resistance region where it encounters strong challenge surpassing the $0.53 marker.

 

SOLANA (SOL)

Current Price: $ 32.99 (24h Changes: 2.38 %)
Current Market Cap: $ 11,848,570,647 (24h Changes: 2.29 %)

Positive News

Top 3 Blockchains for Non-Fungible Tokens (NFT) for 2023

Source: CryptoTicker

Date: Sat, 29 Oct 2022 11:57:27

In this article, we present the current situation around NFTs and want to take a look at the top 3 blockchains for NFT in 2023.

Neutral News

Solana: A Quick Evaluation Of How The Blockchain Performed In Q3 This Year

Source: NewsBTC

Date: Sat, 29 Oct 2022 13:10:29

The crypto bear market that began in May has hurt Solana just as much as the rest of the market. CoinGecko reported a massive 16.4 percent increase, and the price of SOL is now at $32.27 at the time of writing.

Solana (SOL) Price Prediction 2025-30: Will SOL cross $500 by 2025?

Source: AMBCrypto

Date: Sat, 29 Oct 2022 11:45:56

Solana has raised around $335.8 million over nine funding rounds, with Alameda Research, Andreessen Horowitz, and Polychain being its leading investors.

What Does Apple's Controversial NFT Policy Mean for Ethereum and Solana?

Source: The Motley Fool

Date: Sat, 29 Oct 2022 05:42:00

Apple's new NFT policy is already causing debate in the crypto world about the future of NFTs.

 

AVALANCHE  (AVAX)

Current Price: $ 18.45 (24h Changes: 1.5 %)
Current Market Cap: $ 5,509,481,749 (24h Changes: 1.25 %)

Positive News

Avalanche Price Remains Positive But Could Experience Bearish Pull At This Level

Source: NewsBTC

Date: Sat, 29 Oct 2022 00:00:46

Avalanche price has depicted positive movement over the last 24 hours. Over the past 24 hours, the coin has appreciated by 3%.

Negative News

Optimistic AVAX traders must watch out for these signs of the upcoming ‘Avalanche'

Source: AMBCrypto

Date: Sat, 29 Oct 2022 12:30:54

Avalanche launched a new update for its subnets, and as a result, it observed growth in terms of its development activity. However, despite the growth on the technological front, the sentiment around AVAX continued to remain negative.

 

COSMOS (ATOM)

Current Price: $ 13.63 (24h Changes: 0.1 %)
Current Market Cap: $ 3,985,737,078 (24h Changes: -0.32 %)

Positive News

Cosmos-Based Altcoin Surges by More Than 20% After Binance Innovation Zone Listing

Source: The Daily Hodl

Date: Sat, 29 Oct 2022 10:30:01

Binance is sending a Cosmos (ATOM)-based altcoin surging after the exchange listed the asset in its “Innovation Zone” on Thursday. Binance rolled out trading services for Osmosis (OSMO), an automated market maker (AMM) protocol built on the Cosmos software development kit (SDK) that aims to enable cross-chain transactions by utilizing inter-blockchain communication (IBC).

Neutral News

Cosmos' new plan to incentivize validators can have this impact on ATOM

Source: AMBCrypto

Date: Sat, 29 Oct 2022 09:30:34

Cosmos announced a new plan to incentivize validators on its network and allow its team to test out its Interchain Security. Moreover, the number of stakers on the network has shown growth over the past 30 days.

Cosmos to vote on new security model for network's Hub next week

Source: The Block

Date: Sat, 29 Oct 2022 06:59:07

The Cosmos community will vote on Oct. 31 on a proposal to approve changes to the network's Hub. The post Cosmos to vote on new security model for network's Hub next week appeared first on The Block.

Cosmos Hub postpones vote date following white paper revision

Source: Cointelegraph

Date: Sat, 29 Oct 2022 02:30:18

A revised vision of the Cosmos Hub is now expected to be on chain for voting on Oct. 31, after being originally scheduled for Oct. 3.

 

POLKADOT (DOT)

Current Price: $ 6.68 (24h Changes: 2.21 %)
Current Market Cap: $ 7,788,447,377 (24h Changes: 1.71 %)

Positive News

Polkadot price analysis: DOT bulls recover $6.55 range as bullish momentum escalades

Source: Cryptopolitan

Date: Sat, 29 Oct 2022 11:33:12

Polkadot price analysis shows sideways price movement for the day as the price is recovering slowly. The price has been under the bearish shadow for the past few days, yet today a recovery in bullish momentum is being observed.

Polkadot Rallies but Holds Steady at the $6.60 Peak

Source: Coin Idol

Date: Sat, 29 Oct 2022 07:55:00

Polkadot (DOT) is in an upward correction as it breaks above the moving average lines. The cryptocurrency value rose above the moving average lines, but got stuck at the 50-day line SMA. The altcoin has been fluctuating between the moving average lines since October 25.

Neutral News

Polkadot (DOT) Price Prediction 2025-2030: Can DOT cross $300 in 2030?

Source: AMBCrypto

Date: Sat, 29 Oct 2022 07:15:29

Investors continue to remain concerned about the security of the Polkadot ecosystem. Slowmist, a blockchain security firm, recently revealed that over $52 million in cryptocurrency was hacked in the Polkadot ecosystem in the third quarter of 2022.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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