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What Happens To L1 Tokens Today? (30 Sep 2022, Friday)
"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.
Recently, we have just launched a news sentiment analysis tool that utilizes machine learning, natural language processing and big data to allow users to determine the collective sentiment in online news stories about a specific cryptocurrency.
A widely followed crypto analyst is sharing what he expects to be Bitcoin's (BTC) trajectory over the next month. Crypto trade Justin Bennett tells his 109,600 Twitter followers what to expect from the king crypto should BTC continue trading above $18,700. “As long as $18,700 holds, this is my Bitcoin playbook through October.
On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two new models join the firm's SAIHUB Box and feature plate cooling and immersion cooling technologies.
Since the completion of the Ethereum Merge, sentiment within the community has remained positive, especially for stakers. These cohorts finally witnessed some bullish scenario(s) in their annual percentage rate (APR) earned by staking ETH post the Merge.
The bear market appears to be in full swing, despite a few stray spikes in the prices of some crypto-assets. In fact, the general sentiment towards Ethereum [ETH] seemed to be one of fear, as per the Ethereum Fear and Greed Index at press time.
Binance – the world's largest digital currency exchange by daily trading volume – says it's looking to give crypto fans a break by expanding its fee-free services and transaction capabilities to include Ethereum.
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, Sylvia Jablonski of Defiance ETFs discusses altcoin performance and a new way to short crypto equities as prices continue to fall.
Ethereum price analysis is bearish today as we have seen a lower high set at $1,350, and consolidation slowly turn into selling pressure. Therefore, ETH/USD should continue lower later today and look to break past the $1,250 previous support.
Binance Smart Chain has rebranded to BNB Chain. What does this mean for revenues? Here's our research on BNB. The post How Binance Smart Chain (BNB) Generates Revenue appeared first on Bitcoin Market Journal.
The last few months have been a challenging time for the crypto market as most cryptocurrencies stood in the red. However, Binance Coin's [BNB] chart went green recently as it registered promising gains in the past few days.
Coin burn may not be a new concept in the crypto industry, but over the years, there have been several variations in its mechanics. For those uninitiated, it is a process of taking some tokens out of circulation for eternity.
Binance Coin's [BNB] antics, since the start of September, may have left investors in disappointment. However, a report revealed that the exchange cryptocurrency managed to put up some good performance in some other areas.
Cardalonia, a Cardano based metaverse project has released some initial video preview of the playable metaverse characters. You can watch the animated playable character on Cardalonia's YouTube channel.
This article looks at two examples of how Cardano's Vasil upgrade, which was deployed on the mainnet on September 22, is helping DApps to significantly reduce transaction size and cost. On September 22, Input Output Global (“IOG”), the blockchain technology company behind Cardano's R&D, announce that at 9:44 p.m.
The Cardano (CRYPTO: ADA) token has been in a long period of price consolidation since its all-time high (ATH) in September last year. The native ADA token of the Cardano blockchain platform has appreciated by more than 10 times since the onset of the pandemic, reflecting its increasing preference among developers to create decentralized applications (DApps) for a growing user base.
The crypto space appears to be on a roller coaster ride, as assets display diverse trends on a daily basis. Cardano‘s price has also failed to rise above $0.5 despite the successful implementation of the Vasil Hard Fork earlier this week.
The crypto market is currently on a bumpy ride as Bitcoin, the first born currency, has once again lost its $20,000 level. In the early hours today, September 29, Bitcoin had managed to surge from $18.5k to $19.8k before plunging. Currently, Bitcoin is trading at $19,255 with a drop of 1.56% in the last 24hrs.
The SEC v. Ripple is a case of massive significance for the crypto industry, and everyone has been on the edge of their seats waiting for the verdict. Here's a close look at where things stand at the moment.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. XRP back beneath an LTF resistance at $0.456 4-hour market structure was bearish Can the range be defended as support?
Solana rose for a second straight day on Thursday, as the token moved closer to its long-term resistance point of $35.00. Monero was also in the green during today's session, extending recent gains in the process. Overall, markets attempted to rebound, following a red wave which swept through markets to start the week.
On 29 September, Solana [SOL] managed to outperform several other cryptocurrencies owing to some appreciation in its price and market capitalization. Interestingly, the win was not only limited to its price.
Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Cross-chain technologies remain an important area of focus for core blockchain teams as they continue their preparation for the next generation of crypto users In the Polkadot ecosystem, liquid-staking is slowly gaining traction as the amount of staked DOT has declined in recent months. Algorand takes a step toward greater interoperability with the release of state proofs. On Avalanche, developers deal with a potential exploit arising from a custom EVM implementation
Avalanche (AVAX/USD), Theta Network (THETA/USD), and Aave (AAVE/USD) are some of the best Decentralized Finance (DeFi) tokens you can get before September ends. Avalanche is a cryptocurrency and blockchain network that gathered a reputation for having fast smart contracts and high scalability.
Avalanche (AVAX) is at risk of falling below its yearly lows, a move which could trigger a sharp fall towards $12.50. The post Avalanche (AVAX) Price Falters Despite Quarterly High in GameFi Transactions appeared first on BeInCrypto.
USD Coin (USDC) issuer Circle says it intends to make the second largest stablecoin by market cap available on five additional blockchain ecosystems. The digital financial technology firm says that USDC will be available on layer-1 blockchains Arbitrum One, NEAR Protocol (NEAR), Optimism (OP) and Polkadot (DOT) by the end of the year.
Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Shiba Inu (SHIB) have all posted declines in the past 7 days. Even smaller cryptocurrencies like Casper (CSPR) and NEAR Protocol (NEAR) could not stand the blow.
The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by Zoltan Tasi