What Happens To L1 Tokens Today? (12 Oct 2022, Wednesday)

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Here are the news for you today.

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BITCOIN (BTC)

Current Price: $ 19,124.6 (24h Changes: 0.12 %)

Current Market Cap: $ 366,747,667,506 (24h Changes: 0.1 %)

Positive News

$43,000,000,000,000 Financial Giant BNY Mellon To Offer Bitcoin (BTC) Services to Wealthy Clients: Report

Source: The Daily Hodl

Tue, 11 Oct 2022 15:00:12

US banking giant Bank of New York Mellon Corporation (BNY Mellon) is set to offer Bitcoin (BTC) and other crypto custody services. Earlier this year, BNY Mellon CFO Emily Portney stressed the importance of mainstream financial institutions obtaining clear definitions of what is permitted by the U.S.

Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum

Source: 

Tue, 11 Oct 2022 14:30:22

America's oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies.

7 Cryptos to Watch as the Blockchain Fights the Fed

Source: Investorplace

Tue, 11 Oct 2022 14:29:19

Although optimism typically rings high for cryptos, participating investors must also recognize broader economic realities.

Neutral News

The End of Bitcoin Woes? BTCUSD Analysis October 11, 2022

Source: 

Tue, 11 Oct 2022 15:51:48

In this episode of NewsBTC's daily technical analysis videos, we examine a possible bottoming scenario in Bitcoin price based on a potential expanded flat correction and an ending diagonal. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 11, 2022 Bears and bulls are battling it out once again, each side trying to take control over daily momentum.

This 10-Minute Strategy Might Triple Your BTC, APE, and SHIB in 1 Month

Source: BeInCrypto

Tue, 11 Oct 2022 15:30:00

The cryptocurrency markets can be highly volatile, so finding a low-risk passive investment strategy that offers sizable returns that remain the same under any market conditions can be tough. There is one crypto investment option that is becoming increasingly popular as the bear run continues.

Bitcoin Whales Withdrew 15.7k BTC From Exchanges Recently, Highest Since June

Source: Bitcoinist

Tue, 11 Oct 2022 15:00:56

Data shows Bitcoin whales took out 15.7k BTC from exchanges during recent weeks, the highest amount since June of this year. Bitcoin Whale Netflows Registered Negative Values Recently As per the latest weekly report from Glassnode, the BTC whale withdrawal volumes have been rising in the last few weeks.

Negative News

SEC rejects WisdomTree's application for a spot Bitcoin ETF

Source: Cointelegraph

Tue, 11 Oct 2022 15:41:01

Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.

SEC Rejects WisdomTree Bitcoin Spot ETF Application—Again

Source: 

Tue, 11 Oct 2022 15:37:58

The denial comes after two delays and a prior ruling against BZX on the same grounds.

BTC miners and holders have this is common, and no, it's not worth celebrating

Source: AMBCrypto

Tue, 11 Oct 2022 15:30:51

The cryptocurrency market, for what seems like an eternity, has been in a bear market, with prices consistently hitting new lows. Even Bitcoin [BTC], which controls a majority of the cryptocurrency market, has been affected, and it appears that long-term BTC holders are bearing the brunt.

ETHEREUM (ETH)

Current Price: $ 1,296.89 (24h Changes: 0.99 %)

Current Market Cap: $ 156,866,713,615 (24h Changes: 0.94 %)

Positive News

Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum

Source: 

Tue, 11 Oct 2022 14:30:22

America's oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies.

7 Cryptos to Watch as the Blockchain Fights the Fed

Source: Investorplace

Tue, 11 Oct 2022 14:29:19

Although optimism typically rings high for cryptos, participating investors must also recognize broader economic realities.

Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether

Source: 

Tue, 11 Oct 2022 14:10:37

The biggest bank in the country and the first of the larger financial institutions in the U.S. is now accepting cryptocurrency deposits for bitcoin and ether from select investors.

Neutral News

You Can Now Google the Balances of Ethereum Addresses

Source: 

Tue, 11 Oct 2022 15:31:32

The new feature saves searchers a visit to Etherscan, returning balances directly in your search results.

Ether sinks below $1,300, and Google partners with COINBASE for crypto payments: CNBC Crypto World

Source: CNBC Television

Tue, 11 Oct 2022 15:00:08

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jeremy Sheridan of Prime Trust discusses a new report from the company tracking the state of regulation for the industry.

JP Morgan Says Real Impact Of Ethereum Merge Yet To Be Seen

Source: 

Tue, 11 Oct 2022 13:09:05

Nearly a month after the successful completion of the Ethereum Merge, the impact is yet to price in. Immediately after the Merge was completed on September 15, the Ethereum price fell.

Negative News

India To Test E-Rupee As Bitcoin and Ethereum Threaten Supremacy Of The Central Bank

Source: Zycrypto

Tue, 11 Oct 2022 14:59:45

With government-backed currencies launched to replace Bitcoin and Ethereum, analysts review the prospects of an e-rupee alongside BTC in India.

Crypto Price Today October 11: Bitcoin, Ethereum Tumble Further

Source: 

Tue, 11 Oct 2022 12:19:35

Crypto Price Today October 11 Latest Updates: The crypto market continues to struggle as the macroeconomic conditions remain hawkish. The Fed continues to take a restrictive monetary policy to curb inflation levels.

Ethereum Slips Below $1,300 as Bears Dominate Market Momentum (ETH Price Analysis)

Source: CryptoPotato

Tue, 11 Oct 2022 11:01:53

Ethereum is not out of the woods despite closing last week's candle in green. The mid-term uptrend is threatened by increasingly high selling pressure.

BINANCE (BNB)

Current Price: $ 272.01 (24h Changes: 0.34 %)

Current Market Cap: $ 44,420,313,810 (24h Changes: 0.32 %)

Positive News

The BNB Smart Chain Hard Fork Tomorrow: What You Need to Know

Source: CryptoPotato

Tue, 11 Oct 2022 11:43:12

The BNB Smart Chain will go through a hard fork tomorrow. Here's what you need to know about it.

BNB Chain Begins Innovation Incubator Program To Boost European Web3 Startups

Source: Blockchain News

Tue, 11 Oct 2022 01:50:16

The innovation incubator program will provide long-term support to web3 startups in Europe by offering outstanding web3 resources as well as training through reputable partners and community professionals.

Neutral News

BNB long-term holders can expect this in the weeks to come

Source: AMBCrypto

Tue, 11 Oct 2022 12:30:31

Positive developments around the BNB Chain helped BNB coin climb the ladder during the last month. However, things seemed to have changed as BNB's performance in the last few days did not look promising.

BNB Smart Chain Resumes Operations After Major Exploit, $100M in Crypto Drained

Source: 

Tue, 11 Oct 2022 09:00:21

Initial token movements suggested that up to 2 million BSC tokens, worth roughly $570 million at the time, were targeted by an attacker late Thursday, but BINANCE CEO Changpeng Zhao estimated in a tweet the attacker was only able to get away with $100 million of that. BNB Chain also tweeted that $7 million of that amount was already frozen.

BNB Chain to Support European Web3 Startups with DApp Incubator Program

Source: Coinspeaker

Tue, 11 Oct 2022 05:12:40

Coinspeaker BNB Chain to Support European Web3 Startups with DApp Incubator Program

Negative News

Transit Finance to Recover 10,000 BNB Worth Approximately $2.8 million from Hacker

Source: Dailycoin

Tue, 11 Oct 2022 10:30:25

Transit Finance announced an agreement with the hacker who exploited the DEX of about $23 million on October 2.

BNB Tumbles 5% Weekly, Now Facing Critical Support (Binance Coin Price Analysis)

Source: CryptoPotato

Tue, 11 Oct 2022 07:33:52

Binance Coin had a difficult week after being rejected at the key resistance and entered into a downtrend. Key Support level: $260 Key Resistance level: $300 BNB could not move above the $300 resistance, and since then, the bears took over.

Crypto Hack: Tron's JUST Ecosystem Reportedly Hit with 4,600 BNB Exploit

Source: 

Tue, 11 Oct 2022 07:29:00

Tron-based JST token seems to have been rugged

CARDANO (ADA)

Current Price: $ 0.4 (24h Changes: -0.57 %)

Current Market Cap: $ 13,342,328,608 (24h Changes: -0.44 %)

Positive News

3 Cheap Altcoins to Buy If You're Looking for Penny Cryptos

Source: Investorplace

Tue, 11 Oct 2022 13:23:19

Those looking for cheap altcoins to buy may want to consider these three options in this beaten-up cryptocurrency market.

Cardano: More than 1,000 projects build on ADA, 6.3M native tokens, 51M transactions – success report

Source: CryptoNewsFlash

Tue, 11 Oct 2022 09:32:25

Meanwhile, the IOG report further shared present and future upgrades to the smart contract platform, wallets, services, and governance.

Big Eyes Coin, Cardano, And Polkadot Are Three Worthwhile Investments In 2022

Source: The Cryptonomist

Tue, 11 Oct 2022 04:57:53

Despite the market downturn for cryptocurrencies this year, these digital assets remain at the top of most trends. And daily, we count additional collaborations with companies outside of the crypto landscape. Why is this? Blockchain technology is the future of finance, and no one wants to be left behind in such a revolution.

Neutral News

$ADA: A Closer Look at the Top Cardano NFT Collection by Volume and Floor Price

Source: CryptoGlobe

Tue, 11 Oct 2022 07:00:38

This article takes a look at The Ape Society ($SOCIETY), which is “a collection of 7,000 unique NFTs generated on the Cardano blockchain.

Negative News

Cardano price analysis: ADA starts to lose value at $0.3991

Source: Cryptopolitan

Tue, 11 Oct 2022 14:59:49

The most recent Cardano price analysis shows a bearish trend for the cryptocurrency as the bears have been at the winning edge for the last 24 hours. Although a strong bullish wave was controlling the price trend in the previous week, today's trend proved relatively in support of the sellers.

Cardano founder hits back at ‘XRP trolls' attacking him for views on SEC v. Ripple

Source: 

Tue, 11 Oct 2022 10:19:26

Upon receiving numerous attacks after suggesting that the United States Securities and Exchange (SEC) was after Ripple and the XRP

Just-In: Cardano Founder Charles Hoskinson Cuts Ties With The XRP Community

Source: 

Tue, 11 Oct 2022 09:50:41

Cardano founder Charles Hoskinson cuts ties with the XRP community due to continued criticism from the XRP army after his “conspiracy” comments during a recent online interview. Hoskinson said he has been trolled and harassed by some XRP followers for many days.

RIPPLE (XRP)

Current Price: $ 0.49 (24h Changes: -0.21 %)

Current Market Cap: $ 24,369,492,750 (24h Changes: -0.21 %)

Positive News

Ripple finds partners in France, Sweden, amidst growing crypto regulations

Source: AMBCrypto

Tue, 11 Oct 2022 16:00:13

Ripple Labs, a leading cryptocurrency payments company, has forged new partnerships in France and Sweden even as countries across Europe are tightening crypto-related regulations. The crypto solutions provider has signed deals with Lemonway, a French payments provider for online marketplaces and Xbaht, a Swedish fund transfer provider for launching its On-Demand Liquidity (ODL) system.

7 Cryptos to Watch as the Blockchain Fights the Fed

Source: Investorplace

Tue, 11 Oct 2022 14:29:19

Although optimism typically rings high for cryptos, participating investors must also recognize broader economic realities.

3 Cheap Altcoins to Buy If You're Looking for Penny Cryptos

Source: Investorplace

Tue, 11 Oct 2022 13:23:19

Those looking for cheap altcoins to buy may want to consider these three options in this beaten-up cryptocurrency market.

Neutral News

100 Million XRP Moved by FTX Behemoth, Here's What It Means for Market

Source: 

Tue, 11 Oct 2022 11:01:00

Astounding amount of XRP has been sent from FTX giant to "unknown" wallet; here's who owns this crypto address

XRP Price Prediction – Will XRP Jump to $1 This Week?

Source: Cryptonews

Tue, 11 Oct 2022 06:46:00

Ripple's XRP token is in the spotlight again with a strengthening technical analysis outlook for the token. At the same time, investors are becoming more hopeful that a long legal battle with America's financial regulator could soon end and, with XRP potentially skyrocketing as a result.

XRP: Here Are Next Key Dates in Ripple-SEC Lawsuit

Source: 

Tue, 11 Oct 2022 06:35:00

October 24 remains key date

Negative News

Ripple price analysis: Ripple heavily rejects $0.48 support, further retrace overnight?

Source: Cryptopolitan

Tue, 11 Oct 2022 13:09:53

Ripple price analysis is bullish today as we expect further retrace after a massive spike lower was met with a strong reaction higher. Therefore, XRP/USD is ready to move higher and continue targeting the $0.57 next major resistance.

XRP Might Be in Serious Trouble as Ominous Signal Appears on Chart: Details

Source: 

Tue, 11 Oct 2022 10:42:00

XRP price dipped in line with other cryptocurrencies' drops

Cardano founder hits back at ‘XRP trolls' attacking him for views on SEC v. Ripple

Source: 

Tue, 11 Oct 2022 10:19:26

Upon receiving numerous attacks after suggesting that the United States Securities and Exchange (SEC) was after Ripple and the XRP

SOLANA (SOL)

Current Price: $ 31.31 (24h Changes: -0.61 %)

Current Market Cap: $ 11,190,350,508 (24h Changes: -0.6 %)

Positive News

After Over 10 Network Outages, Solana Proposes A Genius Solution To Solve Debacle

Source: Zycrypto

Tue, 11 Oct 2022 15:18:53

Solana's outages will soon be a thing of the past as its team reveals plans to remedy the problem.

Solana Forms A Bilateral Signal For Traders, Will Price Hold Above $30?

Source: 

Tue, 11 Oct 2022 12:00:48

SOL price continues to trend downwards as price remains bearish with price trading on key support.  SOL trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.

Negative News

Solana price analysis: SOL prices break below $31.00 as correction continues

Source: Cryptopolitan

Tue, 11 Oct 2022 13:46:22

The Solana price analysis shows that SOL prices have been on a rocky ride over the past two days, with prices swinging between gains and losses. However, the overall trend remains bearish, and prices have now broken below key rejection levels.

Solana Price Prediction: Things Ain't Looking Good

Source: BeInCrypto

Tue, 11 Oct 2022 07:15:51

The Solana price dumped over 3% on the daily chart as a mostly bearish sentiment retook control over the global crypto market. The post Solana Price Prediction: Things Ain't Looking Good appeared first on BeInCrypto.

Solana Network Woes Exacerbated by NFT Airdrop Malware Threat

Source: BeInCrypto

Tue, 11 Oct 2022 03:24:39

The problems facing the Solana network and investors in its SOL coin are deepening as a new strain of malware has become the latest threat. The post Solana Network Woes Exacerbated by NFT Airdrop Malware Threat appeared first on BeInCrypto.

AVALANCHE (AVAX)

Current Price: $ 16.05 (24h Changes: -0.08 %)

Current Market Cap: $ 4,752,716,419 (24h Changes: 0.02 %)

Positive News

OpenSea launches support for Avalanche

Source: The Block

Tue, 11 Oct 2022 12:43:35

The new support for Avalanche brings the number of available blockchains on OPENSEA to seven. The post OpenSea launches support for Avalanche appeared first on The Block.

SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other Layer One Blockchain Testnets

Source: The Daily Hodl

Tue, 11 Oct 2022 12:30:59

October 11, 2022 – Zug, Switzerland Have a blockchain DApp ready to integrate the most state-of-the-art oracle? Sign up for Supra's Network Activation Program (SNAP) for the opportunity to receive free oracle and VRF/RNG credits before the list is full.

SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets

Source: Crypto Daily

Tue, 11 Oct 2022 09:31:17

Zug, Switzerland, 11th October, 2022, Chainwire Have a blockchain dApp ready to integrate the most state-of-the-art Oracle? Sign up for Supra's Network Activation Program (SNAP) for the opportunity to receive free oracle and VRF/RNG credits before the list is full.

Neutral News

Avalanche [AVAX]: An assessment of the network's performance in Q3

Source: AMBCrypto

Tue, 11 Oct 2022 11:30:40

Ranked as the network with the fifth highest total value locked (TVL), Avalanche [AVAX] focused on improving its network infrastructure in Q3, as per Messari's latest report. The Messari report titled, “State of Avalanche Q3 2022?, stated information about AVAX's decline in network activity, revenue, and TVL.

Negative News

Avalanche Sits On A Time Bomb As Price Eyes $10, Will Price Escape This?

Source: 

Tue, 11 Oct 2022 08:20:53

AVAX price continues to trend downwards as price remains bearish with price trading on key support.  AVAX trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.

NEAR (NEAR)

Current Price: $ 3.21 (24h Changes: -0.09 %)

Current Market Cap: $ 2,575,620,704 (24h Changes: 0.18 %)

Negative News

Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday

Source: 

Tue, 11 Oct 2022 12:00:29

Ethereum classic remained close to a three-month low in today's session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July.

COSMOS (ATOM)

Current Price: $ 12.16 (24h Changes: -1.89 %)

Current Market Cap: $ 3,550,004,633 (24h Changes: -1.96 %)

Positive News

Cosmos, Polkadot and these altcoins offer much higher yields than ETH – Investment opportunity of a lifetime

Source: CryptoNewsFlash

Tue, 11 Oct 2022 08:30:18

With Ethereum's 5.03 percent benchmark, just two blockchains have yielded positively.

POLKADOT (DOT)

Current Price: $ 6.21 (24h Changes: 0.1 %)

Current Market Cap: $ 7,202,314,223 (24h Changes: 0.12 %)

Positive News

Polkadot: How parachains are changing a blockchain-centric ecosystem

Source: Cointelegraph

Tue, 11 Oct 2022 09:01:00

Parity chief marketing officer Peter Ruchatz discusses the ins and outs of Polkadot's focus on interoperability at Token2049.

Join the league of crypto billionaires this october! Cryptocurrencies to buy now: Big Eyes Coin, Polkadot, and Quant

Source: The Cryptonomist

Tue, 11 Oct 2022 09:00:50

SPONSORED POST* The crypto market exists in its own dynamic world. When compared to its early days, its features have undergone significant changes. As new initiatives are developed and presented in the crypto market, the number of these ground-breaking introductions keeps rising.

Cosmos, Polkadot and these altcoins offer much higher yields than ETH – Investment opportunity of a lifetime

Source: CryptoNewsFlash

Tue, 11 Oct 2022 08:30:18

With Ethereum's 5.03 percent benchmark, just two blockchains have yielded positively.

Neutral News

Polkadot's development activity has some tips for its short-term traders

Source: AMBCrypto

Wed, 12 Oct 2022 03:30:01

The Polkadot network provided updates on their ongoing efforts in a recent tweet. The tweet demonstrated the network's activity with the inclusion of information regarding the parachain teams, ecosystem projects, and infrastructure providers.

The Web3 Foundation taps edX for free courses on blockchain and Polkadot

Source: Cointelegraph

Tue, 11 Oct 2022 05:00:00

The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now.

Negative News

Polkadot price analysis: DOT declines to $6.18

Source: Cryptopolitan

Tue, 11 Oct 2022 07:03:37

Polkadot price analysis reveals a relatively upbeat approach today; the price has gained most of its lost value. In the last few days, the cost of DOT has received much positive attention and has increased to a slight degree.

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