What Happens To L1 TokensToday? (08 Nov 2022, Tuesday)


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BITCOIN (BTC)

Current Price: $ 20,878 (24h Changes: -1.49 %)

Current Market Cap: $ 400,970,254,778 (24h Changes: -1.45 %)

Positive News

Bitcoin in NASDAQ Futures Rising Toward 4-Month High

Source: Coindesk

Date: Mon, 07 Nov 2022 14:10:32

High-growth tech stocks are faltering while bitcoin (BTC) is falling less and showing far greater resiliency amid global macro headwinds. Separately, Bitcoin in NASDAQ futures, or BitDAQ, is rising toward a four-month high.

MATIC, XRP, Solana, DOGE May Be Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout

Source: Zycrypto

Date: Mon, 07 Nov 2022 13:23:51

According to crypto-focused onchain analytics firm Santiment, the altcoin hype will likely carry on through November, potentially extending to year-end.

Hive Blockchain Bucks The Bearish Trend By Holding $68 Million In Bitcoin

Source: NewsBTC

Date: Mon, 07 Nov 2022 13:03:45

The extreme microeconomic factors, rising inflation, and increased energy cost have impacted the profitability of Bitcoin miners. Amid the ongoing bear market, many Bitcoin miners find it difficult to stay afloat and maintain their operation costs.

Neutral News

US Government Now Has More BTC Than Largest Crypto Holders

Source: Blockworks

Date: Mon, 07 Nov 2022 14:37:46

Roughly $3.4 billion worth of bitcoin was recovered in the Department of Justice's second-largest financial seizure ever

Bitcoin Worth $3.15B Transferred to Exchanges in Last 24 Hours

Source: TheNewsCrypto

Date: Mon, 07 Nov 2022 13:39:31

Volatility has returned to the crypto markets. Coinglass reports that in the last 24 hours, $3.15 billion worth of Bitcoin

Bitcoin Prediction: Can Bitcoin Price reach $60,000 in 2023?

Source: CryptoTicker

Date: Mon, 07 Nov 2022 12:43:52

In this Bitcoin prediction article, we analyze whether the Bitcoin price can soon reach a price of up to $60,000 again.

Negative News

Why Bitcoin, Dogecoin, and Shiba Inu Are Falling Today

Source: The Motley Fool

Date: Mon, 07 Nov 2022 14:49:43

Bond yields moved higher today.

US Attorney Announces Guilty Plea of Criminal Who Stole 50,000 Bitcoin from Silk Road

Source: BeInCrypto

Date: Mon, 07 Nov 2022 14:44:07

Fraudster James Zhong pleaded guilty to stealing 50,000 BTC from the Silk Road darknet marketplace in 2012. The post US Attorney Announces Guilty Plea of Criminal Who Stole 50,000 Bitcoin from Silk Road appeared first on BeInCrypto.

Feds Seize Silk Road Hacker's 50,676 BTC Worth Over $3,600,000,000 Ten Years After Massive Heist

Source: The Daily Hodl

Date: Mon, 07 Nov 2022 14:41:46

The United States Attorney for the Southern District of New York has announced the largest cryptocurrency seizure in history, and the second-largest financial seizure ever. According to an announcement from the U.S. Department of Justice, James Zhong unlawfully acquired more than 50,000 Bitcoin (BTC) from the dark web marketplace, the Silk Road, over a decade ago.

 

ETHEREUM (ETH)

Current Price: $ 1,605.93 (24h Changes: -0.37 %)

Current Market Cap: $ 193,324,441,526 (24h Changes: -0.09 %)

Positive News

Macro Guru Raoul Pal Says Ethereum (ETH) Forming Massive and ‘Very Bullish' Technical Pattern

Source: The Daily Hodl

Date: Mon, 07 Nov 2022 14:05:00

Former Goldman Sachs executive Raoul Pal says that after breaking a downtrend Ethereum (ETH) is forming a strong bullish technical pattern. In the Global Macro Investor newsletter, Pal says the world's second largest cryptocurrency by market cap may form a cup-and-handle pattern.

Ethereum price analysis: ETH reacts at $1,540, ready for another wave higher?

Source: Cryptopolitan

Date: Mon, 07 Nov 2022 12:24:33

Ethereum price analysis is bullish today as we have seen strong retrace and clear signs of support at the $1,540 mark. Therefore, another higher low is set and ETH/USD is likely ready to continue even higher over the next days.

Switching From Ethereum To Solana? NFT Artist Beeple Announces New Launch

Source: Benzinga

Date: Mon, 07 Nov 2022 11:19:42

One of the most prolific NFT artists is launching a new collaboration with Solana (CRYPTO: SOL). Here are the early details.

Neutral News

More Left for Ethereum's rally?

Source: FXEmpire

Date: Mon, 07 Nov 2022 13:59:43

The rally to around $3500 should be underway. A final pullback to ideally $1450+/-50 is expected before the next leg is higher.

1,189 ETH Worth $1M Was Just Burned

Source: Benzinga

Date: Mon, 07 Nov 2022 12:08:32

What happened: On Sunday a total of 1,189.09 Ether (CRYPTO: ETH) worth $1,886,153, based on the current value of Ethereum at time of publication ($1,586.21), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Here's What's Next for Ethereum, Polygon and One Altcoin That Erupted 232% in a Week, According to Popular Analyst

Source: The Daily Hodl

Date: Mon, 07 Nov 2022 10:30:26

A closely followed crypto strategist is outlining what's in store for a trio of altcoins including Ethereum (ETH) and Polygon (MATIC). Popular crypto analyst Rekt tells his 329,200 Twitter followers that Ethereum is likely poised for extended rallies as long as it stays above support at $1,448.

Negative News

Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems

Source: NewsBTC

Date: Mon, 07 Nov 2022 14:51:39

FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm.

Bitcoin, Ethereum and Dogecoin Dip Ahead of US Midterms and Inflation Updates

Source: Decrypt

Date: Mon, 07 Nov 2022 14:16:19

Bitcoin and other major cryptocurrencies have erased their weekend gains.

Market check: Meta stock rises on layoff reports, bitcoin and ethereum fall

Source: Yahoo Finance

Date: Mon, 07 Nov 2022 12:12:35

# Yahoo Finance's Brad Smith breaks down how mega-cap tech stocks are moving in early trading as well as the latest moves in crypto.

 

BINANCE (BNB)

Current Price: $ 342.81 (24h Changes: -2.87 %)

Current Market Cap: $ 56,000,704,147 (24h Changes: -2.78 %)

Positive News

BNB Could Jump to $443, Here's What Should Happen First: Analyst

Source: UToday

Date: Mon, 07 Nov 2022 05:06:00

This crypto analyst believes that BNB is showing signs of strength

Neutral News

Top Three DeFi Projects on BNB Chain to Keep an Eye On

Source: BeInCrypto

Date: Mon, 07 Nov 2022 06:00:00

Decentralized finance (DeFi) activity has slowed during the bear market. However, there is still a lot going on with protocols on leading ecosystems such as BNB Chain.

Negative News

Holding FTT And BNB? It Might Be Time For You To Get Out

Source: NewsBTC

Date: Mon, 07 Nov 2022 12:00:58

Cryptocurrencies such as BNB and FTT have been seeing some downside in the last 24 hours. This follows an eventful weekend that has culminated in what has been a clear intention of crypto exchange Binance to begin dumping its FTT holdings.

 

CARDANO (ADA)

Current Price: $ 0.42 (24h Changes: -0.78 %)

Current Market Cap: $ 14,549,938,473 (24h Changes: -0.46 %)

Positive News

Cardano Price Forecast as Charles Hoskinson Says He Is Not Retiring – ADA to Keep Going Higher?

Source: Cryptonews

Date: Mon, 07 Nov 2022 11:49:00

Cardano price is holding above critical support in the wake of a widespread pullback in the cryptocurrency markets. The smart contracts token saw a V-shaped recovery after bulls stepped in at the $0.3350 support area.

$ADA: How to Make Plutus V2 Smart Contract Transactions With Your Ledger Device

Source: CryptoGlobe

Date: Mon, 07 Nov 2022 09:55:45

French cryptocurrency hardware wallet manufacturer Ledger has added a new experimental feature for Cardano ($ADA) holders that allows them to make Plutus V2 smart contract transactions on their Ledger devices. Paris-headquartered Ledger was co-founded in 2014 by Eric Larchevêque, Nicolas Bacca, Joel Pobeda, and Thomas France.

Neutral News

Dogecoin to become the currency of Twitter and X-App, but only as ADA sidechain – Charles Hoskinson

Source: CryptoNewsFlash

Date: Mon, 07 Nov 2022 08:08:08

Hoskinson doesn't believe that the Dogecoin blockchain in its current form can support Twitter payments.

Weekly crypto price analysis 11th NOV: BTC, ETH, XRP, ADA, and DOGE

Source: Cryptopolitan

Date: Mon, 07 Nov 2022 06:48:06

The weekly price analysis for today reveals that the entire market is red, with the market leaders Bitcoin, Ethereum, XRP, ADA, and DOGE all experiencing declines. With BTC Falling to around $20,769.40 after reaching a high of $21,444 just last week, Ethereum also saw a decline to its support level at $1,550.

Cardano will be a ‘different beast', big tech giants to step into ecosystem

Source: CryptoNewsFlash

Date: Mon, 07 Nov 2022 05:49:05

Following the introduction of smart contracts on the Cardano network through the Alonzo upgrade, dozens of international developers have launched projects on the blockchain.

Negative News

Cardano price analysis: ADA swiftly retraces to $0.4, higher local low set?

Source: Cryptopolitan

Date: Mon, 07 Nov 2022 14:38:56

Cardano price analysis is bullish today as we have seen a higher low set at $0.4 and a slight reaction higher over the past hours. Therefore, ADA/USD should see a reversal soon and look to advance even higher over the next few days.

Hoskinson's Twitter proposal for Cardano-Dogecoin tie-in snubbed by Reddit mods

Source: CryptoSlate

Date: Mon, 07 Nov 2022 05:46:15

Moderators of the Dogecoin subreddit removed a post by Cardano founder Charles Hoskinson on a proposal to utilize both cryptocurrencies in a decentralized Twitter. The post Hoskinson's Twitter proposal for Cardano-Dogecoin tie-in snubbed by Reddit mods appeared first on CryptoSlate.

ADA Price Prediction: Bears Target Sub-$0.390 as NASDAQ Mini Falls

Source: FXEmpire

Date: Mon, 07 Nov 2022 03:02:31

It has been a mixed morning for ADA. Following Sunday's reversal, downside pressures remain, with the NASDAQ Mini pointing to a bearish US session.

 

RIPPLE (XRP)

Current Price: $ 0.48 (24h Changes: -1.79 %)

Current Market Cap: $ 23,843,269,698 (24h Changes: -1.47 %)

Positive News

MATIC, XRP, Solana, DOGE May Be Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout

Source: Zycrypto

Date: Mon, 07 Nov 2022 13:23:51

According to crypto-focused onchain analytics firm Santiment, the altcoin hype will likely carry on through November, potentially extending to year-end.

XRP Absorbs $1.1 Million in Fund Flows as Investors Bet on Ripple Side

Source: UToday

Date: Mon, 07 Nov 2022 11:06:00

$1.1 million in funds flow into XRP as investor confidence in Ripple's win grows

7 Best Crypto Utility Tokens Set to Rise in 2023

Source: CryptoNewsFlash

Date: Mon, 07 Nov 2022 11:00:44

Meme coins have proven that the hype around them can last for only so long before they crash and for a crypto project to be sustainable, it must develop a utility token that solves real-world problems.

Neutral News

Bitcoin, Dogecoin Or Ripple? Backers Fight Over Best Crypto For Elon Musk's Twitter Payments

Source: Benzinga

Date: Mon, 07 Nov 2022 07:30:13

The cryptocurrency community is divided over which token Twitter should integrate into its database to function as a payment app. Some believe that Dogecoin (CRYPTO: DOGE) is the obvious choice, while others believe that Ripple (CRYPTO: XRP) or Bitcoin (CRYPTO: BTC) would be better suited for the task.

XRP Could Beat BTC and DOGE on Twitter, CryptoLaw Founder Suggests, But There's Catch

Source: UToday

Date: Mon, 07 Nov 2022 06:57:00

CryptoLaw founder believes that there is better candidate for "currency of Twitter" than Bitcoin or DOGE

Weekly crypto price analysis 11th NOV: BTC, ETH, XRP, ADA, and DOGE

Source: Cryptopolitan

Date: Mon, 07 Nov 2022 06:48:06

The weekly price analysis for today reveals that the entire market is red, with the market leaders Bitcoin, Ethereum, XRP, ADA, and DOGE all experiencing declines. With BTC Falling to around $20,769.40 after reaching a high of $21,444 just last week, Ethereum also saw a decline to its support level at $1,550.

Negative News

Ripple Whales Move $190M in XRP in 24 Hours, but What Are They Planning?

Source: BeInCrypto

Date: Mon, 07 Nov 2022 13:00:00

Ripple whales have maintained their swifty moves as price action continues to suffer, but where will the whales lead XRP price this time? The post Ripple Whales Move $190M in XRP in 24 Hours, but What Are They Planning?

Ripple price analysis: XRP stuck at $0.4727, bears prepare to take over?

Source: Cryptopolitan

Date: Mon, 07 Nov 2022 11:17:34

The latest Ripple analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bears were in the winning position, a downtrend has been following the price since the start of today.

Breaking: Ripple Ally Loses Against SEC

Source: UToday

Date: Mon, 07 Nov 2022 11:02:00

The SEC's victory in the case is a major blow to Ripple and the XRP cryptocurrency.

 

SOLANA (SOL)

Current Price: $ 32.28 (24h Changes: -4.52 %)

Current Market Cap: $ 11,686,412,815 (24h Changes: -4.89 %)

Positive News

From NFL to NFTs, Tim Tebow Gets Into the College Game With Solana-Based Platform

Source: Coindesk

Date: Mon, 07 Nov 2022 14:22:36

The two-time college football national champion and Heisman Trophy winner seeks to capitalize on the athletes' freedom to get endorsement deals.

MATIC, XRP, Solana, DOGE May Be Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout

Source: Zycrypto

Date: Mon, 07 Nov 2022 13:23:51

According to crypto-focused onchain analytics firm Santiment, the altcoin hype will likely carry on through November, potentially extending to year-end.

Circle Set to Include Solana Support for the Euro Coin as of Next Year

Source: Crypto news

Date: Mon, 07 Nov 2022 13:01:29

Circle, a digital currency firm today announced its plans to expand Euro coin native support on Solana. The firm, believes this will serve as a significant development to the cross-chain ecosystem.

Neutral News

Solana scaling protocol Layer N comes out of stealth mode

Source: The Block

Date: Mon, 07 Nov 2022 13:43:16

A new Solana scaling protocol named Layer N that could quicken DeFi derivatives and on-chain social networks has come out of a stealth development phase ahead of a mainnet launch expected next year.  The post Solana scaling protocol Layer N comes out of stealth mode appeared first on The Block.

Co-Founder Of Solana Speaks On Blockchain Outage And Reliability Issues

Source: Bitcoinist

Date: Mon, 07 Nov 2022 11:05:27

Solana is one of the trending blockchains. It emerged to offer similar operations as Ethereum while improving on some of its faults.

Ethereum Apps Could Soon be Launching on Competitor Solana

Source: Coindesk

Date: Mon, 07 Nov 2022 10:06:10

Neon Labs is nearing the launch of its long-awaited Ethereum Virtual Machine for Solana

Negative News

Why Solana, Arweave, and Aptos Are Down Big on Monday

Source: The Motley Fool

Date: Mon, 07 Nov 2022 13:24:56

Crypto markets are factoring in some major risks in trading today.

Solana's Anatoly Yakovenko has this to say about SOL's daunting past 

Source: AMBCrypto

Date: Mon, 07 Nov 2022 11:00:28

The year of 2021 has been one filled with challenges and hardships for Solana [SOL]. The network had been plagued with several outages, some even causing its native token SOL to take a double digit hit.

Solana (SOL) Price At Risk With Binance FTX Token Sale; Here's Why

Source: Coingape

Date: Mon, 07 Nov 2022 10:12:00

Solana (SOL) News Updates: After gaining an encouraging push with the Google partnership news, Solana (SOL) price appears back at square one now. With nearly 13% price drop in last 24 hours, the cryptocurrency has all but lost its gains from the Google Cloud news.

 

AVALANCHE (AVAX)

Current Price: $ 18.82 (24h Changes: -0.71 %)

Current Market Cap: $ 5,636,443,897 (24h Changes: -0.6 %)

Positive News

Avalanche Foundation unveils $4 million incentive program for trading platform GMX

Source: The Block

Date: Mon, 07 Nov 2022 10:57:49

The Avalanche Foundation announced incentives worth $4 million for decentralized trading platform GMX. The post Avalanche Foundation unveils $4 million incentive program for trading platform GMX appeared first on The Block.

The Hideaways (HDWY), Litecoin (LTC) and Avalanche (AVAX) Could Be Set to Top Charts Next Year

Source: Cryptonews

Date: Mon, 07 Nov 2022 10:11:00

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

Portal Fantasy RPG Will Be Launched on Avalanche Blockchain

Source: Dailycoin

Date: Mon, 07 Nov 2022 10:10:22

The game will focus on sustainable play-to-earn economy.

Neutral News

These Avalanche updates could make investors happy but AVAX may not

Source: AMBCrypto

Date: Mon, 07 Nov 2022 06:30:17

Avalanche's [AVAX] Twitter handle responsible for sharing news around the ecosystem, posted a tweet on 6 November sharing its weekly subnet report. The report shared by AVAX Daily spilled some noteworthy updates that were witnessed by the blockchain.

Rising exchange FixedFloat adds Avalanche (AVAX), Solana (SOL) as new coins

Source: AMBCrypto

Date: Mon, 07 Nov 2022 05:45:16

The promising crypto exchange FixedFloat announces that it has now added new coins: AVAX, and SOL.  The up-and-coming digital asset exchange FixedFloat has announced that it has added new coins such as Avalanche (AVAX) and Solana (SOL) to its repertoire.

 

COSMOS (ATOM)

Current Price: $ 14.63 (24h Changes: -0.48 %)

Current Market Cap: $ 4,280,283,654 (24h Changes: -0.67 %)

Negative News

ATOM stalls after a 45% rally in two weeks — is the uptrend at an end

Source: AMBCrypto

Date: Mon, 07 Nov 2022 08:30:23

Bitcoin [BTC] ran into resistance near the $21.5k mark. The selling pressure of the past few hours was felt across the market and ATOM was no exception. In the 36 hours preceding the time of writing, ATOM posted losses close to 10%.

 

POLKADOT (DOT)

Current Price: $ 7.35 (24h Changes: 4.65 %)

Current Market Cap: $ 8,580,655,106 (24h Changes: 4.77 %)

Negative News

Polkadot price analysis: DOT showing signs of downsides after breaking below $7.00

Source: Cryptopolitan

Date: Mon, 07 Nov 2022 09:41:47

Polkadot price analysis for today shows that the cryptocurrency has broken below the $7.00 level, indicating a potential downside movement in prices. Currently, support for DOT prices is found at $6.68, with resistance seen at $7.14.

Polkadot (DOT) in Correction Zone After Pumping on “Not a Security” Comments

Source: Dailycoin

Date: Mon, 07 Nov 2022 09:05:28

The token went up 12% over the weekend but has since gone down 5%.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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