What Happens To L1 Tokens Today? (28 Sep 2022, Wednesday)

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Here are the news for you today.

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BITCOIN (BTC)

Current Price: $ 19,041.78 (24h Changes: -0.59 %)

Current Market Cap: $ 365,040,442,604 (24h Changes: -0.67 %)

Positive News

Strong Rally For Bitcoin And Crypto As Wall Street Melts Down

Source: 

Tue, 27 Sep 2022 15:35:55

There's a correlation between macroeconomic factors and crypto assets like Bitcoin. Harsh and stricter factors increase the volatility of virtual tokens negatively.

7 Cryptos to Watch Amid the ‘Tightening'

Source: Investorplace

Tue, 27 Sep 2022 15:28:58

With the Merge event passing by without much of a positive impact, cryptos are now prone to the purview of the Fed's monetary policy stance.

Key Bitcoin (BTC) Price Range Awaited As Traders Look To Cash Out In Profits

Source: 

Tue, 27 Sep 2022 15:05:26

High volatility in crypto prices is making it difficult for retail traders to hold on to their positions. Even long term holders have been reducing their stakes in some of the hottest cryptocurrencies, during the ongoing crypto winter.

Neutral News

Bitcoin Lightning Network dApp Strike Aims to Take Visa & Mastercard out of Business

Source: BeInCrypto

Tue, 27 Sep 2022 15:36:11

Bitcoin Lightning Network payments company Strike raises $80 million to expand its footprint to larger financial institutions. The post Bitcoin Lightning Network dApp Strike Aims to Take Visa & Mastercard out of Business appeared first on BeInCrypto.

FTX CEO Bankman-Fried on Doing More Deals, Bitcoin, Regulation

Source: Bloomberg Markets and Finance

Tue, 27 Sep 2022 15:33:02

Sam Bankman-Fried, co-founder and CEO of FTX US, a cryptocurrency exchange, is on "Bloomberg Crypto." He speaks about the departure of a top lieutenant, future regulation, his future with the firm and making more acquisitions.

Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets

Source: 

Tue, 27 Sep 2022 15:03:30

The Bitcoin price has experience volatility over today's trading session as the cryptocurrency rallied to the $20,000 level. Across social media platforms, some market participants celebrated the bullish price action, but they went silent as BTC stumbled back into its range.

Negative News

Bitcoin 90-Day CDD Hits All-Time Low, What Does It Say About Market?

Source: 

Tue, 27 Sep 2022 15:00:38

Data shows the Bitcoin 90-day Coin Days Destroyed metric has hit an all-time low, here's what it says about investors in the BTC market. Bitcoin 90-Day CDD Has Recently Plunged To A New All-Time Low As per the latest weekly report from Glassnode, old BTC supply is more dormant right now than it has ever been during the history of the crypto.

Glassnode: Bitcoin Short-Term Holder Profits Have Been Shrinking For 431 Days Now

Source: Bitcoinist

Tue, 27 Sep 2022 15:00:31

Data from Glassnode shows the Bitcoin profit in supply held by short-term holders has been going down for 431 days now. Bitcoin Short-Term Holder Supply In Profit Has Been In Compression Phase Recently According to the latest weekly report from Glassnode, the STH supply in profit usually goes through three phases each cycle.

Bitcoin Drops Below $19K, S&P 500 Falls to new YTD Low, DXY Goes Above 114

Source: CryptoGlobe

Tue, 27 Sep 2022 14:58:42

On Tuesday (September 27), as the U.S. Dollar Index (DXY) went above 114 for the second time this week, it once again brought intense sell pressure on risk-on assets such as crypto and stocks. Wikipedia says the U.S. Dollar Index” (DXY)—designed, maintained, and published by ICE (Intercontinental Exchange, Inc.

ETHEREUM (ETH)

Current Price: $ 1,320.43 (24h Changes: -0.42 %)

Current Market Cap: $ 159,440,836,440 (24h Changes: -0.47 %)

Positive News

Ethereum Merge – a Turning Point, NFT Wave 2.0, and MyEtherWallet's Approach to User Data: COO Brian Norton (Interview)

Source: CryptoPotato

Tue, 27 Sep 2022 15:41:28

The Ethereum ecosystem is among the fastest-growing in the cryptocurrency industry, especially in the past few years. With the foray of decentralized finance (DeFi) applications in 2020, it became obvious that crypto users needed tools to interact with various DApps in a way that's accessible to those who don't necessarily have coding knowledge.

7 Cryptos to Watch Amid the ‘Tightening'

Source: Investorplace

Tue, 27 Sep 2022 15:28:58

With the Merge event passing by without much of a positive impact, cryptos are now prone to the purview of the Fed's monetary policy stance.

Robot Known for Outperforming Bitcoin and Crypto Markets Flocks to Ethereum and Five Additional Altcoins As Markets Pop

Source: The Daily Hodl

Tue, 27 Sep 2022 15:00:01

A data-crunching robot with a reputation for outperforming the markets just unveiled its latest weekly crypto portfolio allocations. The Real Vision Bot interprets surveys of cryptocurrency-related metrics to create fresh algorithmic portfolio assessments each and every week.

Neutral News

Australia embraces CBDCs, but where does Ethereum come in

Source: AMBCrypto

Tue, 27 Sep 2022 14:00:34

To the surprise of absolutely no one, Australia is now testing a CBDC. Central Bank Digital Currencies have been up for debate for a long time now.

Ethereum To Overtop Bitcoin Soon, Claims Analyst While Updating Targets For XRP & Other Altcoins

Source: CoinPedia

Tue, 27 Sep 2022 13:53:53

It appears as if the bulls have finally been successful in overtaking the bears as the overall crypto market is flashing green. The world's first cryptocurrency, Bitcoin has reclaimed the $20,000 level, leading the crypto market for a surge to the top.

Ethereum Green Credentials Boosted By Merge, But Bitcoin Still Falls Behind

Source: BeInCrypto

Tue, 27 Sep 2022 11:00:00

Bitcoin mining has struggled to become more environmentally sustainable, whereas Ethereum has nearly eliminated its carbon footprint after the Merge, a report claims. Bitcoin mining projects, which require outsized amounts of electricity to process transactions and create new coins, have been working to shift to cleaner resources, following backlash from policymakers, investors, and environmentalists.

Negative News

ETH Nearing Key Support: $1K to Be Retested if it Breaks (Ethereum Price Analysis)

Source: CryptoPotato

Tue, 27 Sep 2022 12:49:21

Despite a 7% spike for Ethereum in the last 48 hours, followed by a steep decline, the possibility of a bullish rally remains low. The price has yet to recover from the major drops that took place in September.

Ethereum Merge Might Raise New Tax Issues in UK: Details

Source: 

Tue, 27 Sep 2022 10:14:00

Ether holders have option to lock up, or stake, their coins on the Ethereum blockchain

Ethereum's Merge and Staking Feature Could Cause Tax Confusion in the UK

Source: Crypto news

Tue, 27 Sep 2022 09:12:40

According to Bloomberg, the latest Ethereum upgrade to PoS, which uses staking, could cause tax confusion in the United Kingdom. British citizens who stake their Ethereum will not know how much to pay when filing tax returns.

BINANCE (BNB)

Current Price: $ 271.4 (24h Changes: -1.17 %)

Current Market Cap: $ 44,298,245,230 (24h Changes: -1.26 %)

Positive News

Robot Known for Outperforming Bitcoin and Crypto Markets Flocks to Ethereum and Five Additional Altcoins As Markets Pop

Source: The Daily Hodl

Tue, 27 Sep 2022 15:00:01

A data-crunching robot with a reputation for outperforming the markets just unveiled its latest weekly crypto portfolio allocations. The Real Vision Bot interprets surveys of cryptocurrency-related metrics to create fresh algorithmic portfolio assessments each and every week.

Top 10 Coins to 50X Your Porfolio in the Next Bull Run

Source: Altcoin Buzz

Tue, 27 Sep 2022 04:19:26

In general terms, all that we desire is to build the world's best crypto portfolio. One that can balances risk & returns, and performs well even in a bear market.

Game Space Officially Announced the Support from BNB Chain Helping More Web2 Games Upgrade to GameFi

Source: Cryptonews

Tue, 27 Sep 2022 02:29:00

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

Neutral News

FTT Vs. burn BNB burn Vs. Shiba burn

Source: Cryptopolitan

Tue, 27 Sep 2022 05:38:45

Demand and supply are one of the fundamentals of the business sector. The more the supply of a product, the less would be its demand and so its price.

RichQUACK, Earthling and PancakeSwap Spike on BNB Chain

Source: BeInCrypto

Tue, 27 Sep 2022 02:38:20

RichQUACK (QUACK), Earthling (ETLG) and PancakeSwap (CAKE) have become the biggest trends on BNB Chain in the last 24 hours. The post RichQUACK, Earthling and PancakeSwap Spike on BNB Chain appeared first on BeInCrypto.

CARDANO (ADA)

Current Price: $ 0.44 (24h Changes: -1.16 %)

Current Market Cap: $ 14,898,552,211 (24h Changes: -1.09 %)

Positive News

Cardano (ADA) Gets Listed by Swiss Crypto Asset Management Service

Source: 

Tue, 27 Sep 2022 14:37:00

A Swiss crypto wealth management app has added support for the Cardano (ADA) token after holding a vote

Cardano's Hoskinson Calls Out The “Ethereum Crowd”; Says ADA Will Change The World

Source: Zycrypto

Tue, 27 Sep 2022 12:42:37

Charles Hoskinson, co-founder of Input Output Global (IOG), the core developers of the Cardano blockchain, has criticized the attitude of Ethereum developers and community members towards his brainchild.

Wafini NFT Marketplace On Cardano Readies For Seed Sale

Source: BeInCrypto

Tue, 27 Sep 2022 09:00:00

Wafini recently closed an oversubscribed 200 thousand dollar private round, ready for its public seed sale. Wafini governance token $WFI will power the Wafini ecosystem, enabling holders to be integral in the further development and growth of Wafini.

Neutral News

Cardano: 27 September is another ‘big' date for the community.

Source: AMBCrypto

Tue, 27 Sep 2022 10:30:04

Cardano [ADA], one of the most developed ecosystems underwent the much-anticipated Vasil hardfork on 22 September. This brought “significant performance and capability” enhancements to the blockchain.

Here's What's Next for Cardano, Avalanche, Cosmos and Litecoin, According to Analyst Michael van de Poppe

Source: The Daily Hodl

Tue, 27 Sep 2022 07:45:27

A widely followed crypto strategist is plotting what's in store for a handful of digital assets amid uncertain market conditions. Analyst Michael van de Poppe tells his 628,100 Twitter followers that he believes smart contract platform Cardano (ADA) is in an accumulation phase as it continues to trade above his key support level.

Vasil Hard Fork: Plutus V2 Scripts All Ready To Go Live On Cardano Mainnet

Source: 

Tue, 27 Sep 2022 07:01:44

The second set of the Vasil hard fork will go live on the Cardano mainnet at epoch 366, estimated around 21:45 UTC. The capabilities including the Plutus V2 scripts, diffusion pipelining, reference inputs, inline datums, and reference scripts will become available to use by developers.

Negative News

Cardano (ADA) Fails To Claim Bull Run, Yet Community Holds On, Here Is Why

Source: CoinPedia

Tue, 27 Sep 2022 14:15:00

On September 22, Cardano, a smart contract platform, experienced its much awaited Vasil hardfork which aims to boost up the network's performance and capability. Just before the launch of the Vasil hardfork there were speculations that it will turn out to be one like Ethereum merge where ETH dropped after the Merge.

RIPPLE (XRP)

Current Price: $ 0.44 (24h Changes: -5.49 %)

Current Market Cap: $ 22,197,294,425 (24h Changes: -5.7 %)

Positive News

7 Cryptos to Watch Amid the ‘Tightening'

Source: Investorplace

Tue, 27 Sep 2022 15:28:58

With the Merge event passing by without much of a positive impact, cryptos are now prone to the purview of the Fed's monetary policy stance.

Ripple price analysis: XRP advances upwards to $0.478 after bullish movement

Source: Cryptopolitan

Tue, 27 Sep 2022 06:04:22

Ripple price analysis reveals that the digital asset has registered an increase of 1.92% over the past 24-hours. The cryptocurrency is trading at $0.478 after opening the day at $0.4682.

Analyst Says Ethereum Primed To Outperform Bitcoin, Updates Outlook on XRP and Two Additional Altcoins

Source: The Daily Hodl

Tue, 27 Sep 2022 05:15:33

A closely followed crypto strategist and trader is expecting Ethereum (ETH) to outshine Bitcoin (BTC) while updating his forecast for XRP and two low-cap digital assets. Pseudonymous analyst Altcoin Sherpa tells his 183,500 Twitter followers that he sees the Ethereum/Bitcoin pair (ETH/BTC) rallying from current levels. “This one should bounce around this area.

Neutral News

Ethereum To Overtop Bitcoin Soon, Claims Analyst While Updating Targets For XRP & Other Altcoins

Source: CoinPedia

Tue, 27 Sep 2022 13:53:53

It appears as if the bulls have finally been successful in overtaking the bears as the overall crypto market is flashing green. The world's first cryptocurrency, Bitcoin has reclaimed the $20,000 level, leading the crypto market for a surge to the top.

Ripple Trades Above $0.45 Support And Faces Selling Pressure At $0.48

Source: 

Tue, 27 Sep 2022 06:56:00

Ripple (XRP) price is in an uptrend zone as it pulls back above the $0.45 support.

Attorney Highlights Why SEC Grades XRP As A Security

Source: Bitcoinist

Tue, 27 Sep 2022 06:27:03

In the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security. However, there seem to be some twists through the unfolding events in the lawsuit.

Negative News

XRP Lawsuit ‘Gross Overreach' of SEC Amid Failure To Provide Regulatory Clarity: Ripple CEO Brad Garlinghouse

Source: The Daily Hodl

Tue, 27 Sep 2022 16:00:22

Ripple chief executive Brad Garlinghouse says his company is “confident” moving toward the possible conclusion of its court battle against the U.S. Securities and Exchange Commission (SEC). Garlinghouse says in a new interview on CNBC that his team thinks the law is clear. “You have to remember that 99.

SOLANA (SOL)

Current Price: $ 32.47 (24h Changes: -3.49 %)

Current Market Cap: $ 11,505,326,185 (24h Changes: -3.43 %)

Positive News

7 Cryptos to Watch Amid the ‘Tightening'

Source: Investorplace

Tue, 27 Sep 2022 15:28:58

With the Merge event passing by without much of a positive impact, cryptos are now prone to the purview of the Fed's monetary policy stance.

3 Significantly Undervalued Cryptos to Buy Before They Boom

Source: Investorplace

Tue, 27 Sep 2022 14:37:35

There are still undervalued cryptos, for those willing to pick through and find undervalued cryptos to hold for the long-term.

Octus Bridge joins Solana ecosystem, rises to the most popular platform of the month

Source: BeInCrypto

Tue, 27 Sep 2022 12:05:54

Cross-chain asset transfer platform Octus Bridge has added Solana to its growing list of supported networks. Powered by the Everscale network, Octus Bridge facilitates lightning-fast liquidity transfers at fractional costs, helping its popularity soar among Solana users.

Neutral News

This Crypto Will Be the Solana of 2022

Source: The Motley Fool

Tue, 27 Sep 2022 07:00:00

Solana was up nearly 9,000% in 2021, and this cryptocurrency might be able to match that.

Bitcoin (20k), Ethereum (1.3k), Solana Price Analyses

Source: The Cryptonomist

Tue, 27 Sep 2022 03:05:28

The Fear and Greed Index is 20 Extreme Fear and is -1 from Monday's reading of 21 Extreme Fear

Negative News

Here's How Descending Triangle Pattern Limits The Solana Coin Recovery

Source: 

Tue, 27 Sep 2022 14:35:00

The daily technical chart shows the Solana coin price is in a short-term range-bound rally. Furthermore, this sideways is restricted within the top resistance of $47.4 and bottom support of $26.

Solana (SOL) Price Lags Ethereum (ETH) Despite Outpacing It in Daily Transactions

Source: BeInCrypto

Tue, 27 Sep 2022 11:30:00

Solana (SOL) has created bullish patterns in both the weekly and daily time frames. If the patterns are confirmed, a considerable bullish reversal could ensue.

AVALANCHE (AVAX)

Current Price: $ 17.11 (24h Changes: -1.89 %)

Current Market Cap: $ 5,059,831,732 (24h Changes: -1.88 %)

Positive News

Microsoft, Avalanche, Polygon join $20M funding of Web3 automation startup

Source: Cointelegraph

Tue, 27 Sep 2022 11:00:00

Web3 data firm Space and Time is also supported by blockchain oracle firm Chainlink through its startup program.

Microsoft Leads $20M Strategic Round in Web3 Data Warehouse Space and Time

Source: 

Tue, 27 Sep 2022 10:59:03

Space and Time aims to be the leading decentralized solution for fast and secure data processing for enterprise businesses.

Top 10 Coins to 50X Your Porfolio in the Next Bull Run

Source: Altcoin Buzz

Tue, 27 Sep 2022 04:19:26

In general terms, all that we desire is to build the world's best crypto portfolio. One that can balances risk & returns, and performs well even in a bear market.

Neutral News

Here's What's Next for Cardano, Avalanche, Cosmos and Litecoin, According to Analyst Michael van de Poppe

Source: The Daily Hodl

Tue, 27 Sep 2022 07:45:27

A widely followed crypto strategist is plotting what's in store for a handful of digital assets amid uncertain market conditions. Analyst Michael van de Poppe tells his 628,100 Twitter followers that he believes smart contract platform Cardano (ADA) is in an accumulation phase as it continues to trade above his key support level.

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Zoltan Tasi

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