What Happens To L1 Tokens Today? (05 Oct 2022, Wednesday)

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Here are the news for you today.

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BITCOIN (BTC)

Current Price: $ 20,245 (24h Changes: 3.56 %)

Current Market Cap: $ 387,770,784,330 (24h Changes: 3.66 %)

Positive News

Extreme Bullish Wave For Bitcoin On The Horizon As BTC Accumulation Level Hits 7-Year High

Source: Zycrypto

Tue, 04 Oct 2022 15:49:00

Bitcoin (BTC) accumulation is seeing a massive surge as it rises to levels last seen in 2015.

Michael Saylor Fights Back Against Peter Schiff's Accusations of Pumping Bitcoin

Source: CryptoPotato

Tue, 04 Oct 2022 15:22:11

Peter Schiff, known for his anti-Bitcoin stance, said that the SEC should have targeted Michael Saylor instead of Kim Kardashian.

Bitcoin Breaks Above $20K on Hopes of Fed Pivot

Source: 

Tue, 04 Oct 2022 15:05:01

Bitcoin rises above $20,000, as risky assets climb on the hopes that central banks will pivot away from their money-tightening policies. Plus, a new report reveals that small retail payments in Sub-Saharan Africa are powering exceptional crypto adoption.

Neutral News

Bitcoin inches back above $20K, and a deep dive into the state of U.S. regulation: CNBC Crypto World

Source: CNBC Television

Tue, 04 Oct 2022 15:26:49

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 todays show, Ian Epstein of Makor Group and Chen Arad of Solidus Labs discuss the state of crypto regulation ahead of the Midterm elections.

What Does Puell Multiple Say About Current Bitcoin Bear?

Source: 

Tue, 04 Oct 2022 15:00:52

Puell multiple is an indicator that has historically given hints about previous Bitcoin cycles, here's what it says about the current bear market. Bitcoin Puell Multiple Has Been Going Up During The Last Couple Of Months According to the latest weekly report from Glassnode, miners are currently raking in just 63% of the revenues of last year.

Bitcoin Miner Selling Eased By 50% Over Past Month

Source: Bitcoinist

Tue, 04 Oct 2022 15:00:48

Data shows Bitcoin miners have eased up their dumping over the past month, now selling only at a 50% rate compared to in early September. Bitcoin Miner Net Position Change Now Has A Value Of 4.

Negative News

Institutions are hesitant about investing in Bitcoin, cryptos – Here's why

Source: AMBCrypto

Tue, 04 Oct 2022 14:30:53

The latest insights into digital asset investment products (DAIP) and their weekly numbers highlight a troubling trend. Needless to say, such a trend is bound to come to the attention of investors too.

BTC Fell in Mid-September Due to Higher Inflation

Source: LiveBitcoinNews

Tue, 04 Oct 2022 11:00:30

A report published in mid-September showed inflation was (what a surprise) higher than expected, and bitcoin took serious heat for it. The world's number one digital currency by market cap fell into the low $20,000 range not long after and lost about $2,000 off its price.

Investors Flee Gold and Bitcoin, Pushing Correlation to New 12-Month High

Source: 

Tue, 04 Oct 2022 09:49:50

Investors are fleeing from both the precious yell metal and Bitcoin, attracted by a strong dollar and high bond yields.

ETHEREUM (ETH)

Current Price: $ 1,354.62 (24h Changes: 2.93 %)

Current Market Cap: $ 163,747,558,083 (24h Changes: 2.86 %)

Positive News

Fidelity reveals Ethereum index fund with $5,000,000 in sales in new filing

Source: The Block

Tue, 04 Oct 2022 14:56:50

Fidelity filed its Ethereum Index Fund targeting ETH with the U.S. Securities and Exchange Commission, and reported over $5,000,000 in sales. The post Fidelity reveals Ethereum index fund with $5,000,000 in sales in new filing appeared first on The Block.

Ethereum (ETH), Chainlink (LINK) and One DeFi Altcoin Set for Rallies, According to Crypto Analyst

Source: The Daily Hodl

Tue, 04 Oct 2022 14:05:03

A popular crypto trader is forecasting rallies for Ethereum (ETH), Chainlink (LINK) and an altcoin from the decentralized finance (DeFi) sector. The pseudonymous analyst known as Altcoin Sherpa tells his 184,100 Twitter followers that he expects ETH to at least break through the $1,500 level, about 11% up from current prices.

3 Cryptos to Buy and Hold Forever

Source: Investorplace

Tue, 04 Oct 2022 13:47:46

For those who think this crypto crash may be ending. these three names are all top cryptos to buy and hold for the long-term.

Neutral News

Etherscan Set to 'Deprecate' Ethereum's Ropsten and Rinkeby Testnets

Source: 

Tue, 04 Oct 2022 15:17:30

Developers should migrate to Goerli and Sepolia networks ahead of tomorrow's shutdown.

Bitcoin, Ethereum, Axie Infinity, and OKB Daily Price Analyses – 3 October Roundup

Source: Cryptopolitan

Tue, 04 Oct 2022 11:45:17

The global crypto market has continued to grow in value as it has retained its positive momentum. The recent changes for Bitcoin, Ethereum, and others show that the bullish pattern has remained unchanged.

Bitcoin (19k), Ethereum (1.3k), Matic Price Analyses

Source: The Cryptonomist

Tue, 04 Oct 2022 08:49:15

The Fear and Greed Index is 20 Extreme Fear and is -4 from Monday's reading of 24 Extreme Fear

Negative News

Ethereum price analysis: ETH swiftly returns above $1,350, reversal overnight?

Source: Cryptopolitan

Tue, 04 Oct 2022 11:36:15

Ethereum price analysis is bearish today as we have seen a substantial rally back towards previous resistance around $1,350. Therefore, reversal should soon follow, leading ETH/USD back towards the previous consolidation area later in the week.

New Metrics Hint that Ethereum Whales Are Manipulating Prices

Source: 

Tue, 04 Oct 2022 09:00:00

Crypto analyst CryptoQuant provided data that shows Ethereum whales have been significantly impacting asset's value

Bitcoin, Ethereum, DeFi and Metaverse Tokens Count Short-Term Intraday Profits as Crypto Winter Continues

Source: Crypto news

Tue, 04 Oct 2022 05:44:38

Bitcoin and Ethereum appear to have taken a bullish turn in the past 24 hours, but doubts remain over the long-term price actions. The crypto market still treads below the $1 trillion mark.

BINANCE (BNB)

Current Price: $ 296.79 (24h Changes: 3.79 %)

Current Market Cap: $ 48,444,321,040 (24h Changes: 3.76 %)

Positive News

Binance Coin price analysis: BNB returns to test $300 resistance

Source: Cryptopolitan

Tue, 04 Oct 2022 13:38:43

Binance Coin price analysis suggests an upwards movement to $310 BNB faces resistance at the $300 mark The closest support level lies at $286 The BINANCE Coin price analysis shows that the price has found support at the $270 mark, enabling the bulls to recover to the $290 mark.

CARDANO (ADA)

Current Price: $ 0.44 (24h Changes: 2.28 %)

Current Market Cap: $ 14,762,072,238 (24h Changes: 1.98 %)

Positive News

Cardano Price Prediction – Is ADA Preparing for a 100% Move?

Source: Cryptonews

Tue, 04 Oct 2022 15:04:00

Given the current state of the cryptocurrency market, Cardano price prediction is bullish above a triple bottom level of $0.4180. On the daily timeframe, Cardano has closed a strong green candle, indicating a strong possibility of a bullish reversal. However, a hybrid of mixed fundamentals is limiting ADA's upside.

Cardano price analysis: ADA increases its value to $0.4324 after a strong bullish movement

Source: Cryptopolitan

Tue, 04 Oct 2022 14:59:25

Cardano price analysis shows that the market momentum has revived and the bulls are in control. The price is currently trading at $0.4324 and is expected to rise further up to the $0.4348 mark.

Cardano's [ADA] price reacts this way as Voltaire hint airs

Source: AMBCrypto

Tue, 04 Oct 2022 14:00:45

Late in September, Cardano [ADA] released the Vasil hardfork. Positive feelings persisted after the fork, as the network continued to function normally.

Negative News

Cardano: These Factors Have A Negative Impact On ADA Price

Source: 

Tue, 04 Oct 2022 06:42:30

Cardano is said to be designed in such a way that it performs better than Ethereum when it comes to running smart contracts. Cardano has now lost 86.2% of its $3.09 all-time high ADA still remains as the 8th largest crypto by market capitalization $1 trading price remains a big challenge for Cardano After all, Charles Hoskinson, the founder of the ADA network, was one of the developers of the network of what is widely recognized as the “king of all altcoins.

ADA Price Prediction: Weak US JOLTs Job Openings to Deliver $0.440

Source: FXEmpire

Tue, 04 Oct 2022 04:10:38

ADA found support from the broader crypto market this morning. Barring any network updates, US economic indicators will influence later today.

RIPPLE (XRP)

Current Price: $ 0.48 (24h Changes: 5.72 %)

Current Market Cap: $ 24,028,150,950 (24h Changes: 5.69 %)

Positive News

XRP Price Prediction as Bullish Breakout Gains Momentum

Source: Cryptonews

Tue, 04 Oct 2022 14:21:00

XRP price prediction for Tuesday remains bullish above $0.4700 as the coin has already crossed and closed above the 50-day moving average. After falling for three consecutive sessions, the week began positively, and the XRP/USD pair started to recover their losses from the previous week. 

This Bullish Pattern Breakout May Surge XRP Price By 22.5%

Source: 

Tue, 04 Oct 2022 12:13:34

In our previous price analysis, we revealed that the XRP coin price follows a rounding bottom pattern. This bullish pattern sets the market sentiment in an upwards direction, leading to a gradual recovery to a higher level.

Ripple Bullish Against Bitcoin as 10-Day Long Correction Wearing Out (XRP Price Analysis)

Source: CryptoPotato

Tue, 04 Oct 2022 11:31:16

Ripple is on the verge of breaking the 5-month consolidation range. Doing so could cause the bullish rally we saw last month to resume.

Neutral News

Remittance Company and Additional Firm Request To Join Ripple and XRP Lawsuit With SEC

Source: The Daily Hodl

Tue, 04 Oct 2022 12:55:31

Two other companies are hoping to weigh in on the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple. TapJets, which bills itself as the Uber of private jet chartering, and remittance company I-Remit hope to serve as an “amicus curiae” in the case in support of Ripple.

Max Keiser Urges SEC To Stand Against Unregistered Securities Referring To XRP

Source: CoinPedia

Tue, 04 Oct 2022 07:37:30

While the Ripple community is hoping to see an end for Ripple vs SEC lawsuit as soon as possible, a well known Bitcoiner, Max Keiser, stands against XRP.

Outraged Ripple CEO Complains to Twitter, Here's What This Is About

Source: 

Tue, 04 Oct 2022 07:19:00

Brad Garlinghouse has tagged Twitter support team to complain about important issue and rebuking them for not doing their job well enough

Negative News

SEC Slams Ripple-Friendly Firms for Attempting to Help Defendants

Source: 

Tue, 04 Oct 2022 14:46:00

The SEC wants to prevent I-Remit and TapJets from filing their amicus briefs, arguing that the outcome of the lawsuit will not prevent them from using the XRP token

XRP Community Riled up by Bitcoiner Max Keiser's Comments on SEC Lawsuit: Details

Source: 

Tue, 04 Oct 2022 06:43:00

Bitcoiner Max Keiser inflames XRP community with comments on SEC lawsuit

XRP Price Pressure Returns as Investors Await the SEC's Next Move

Source: FXEmpire

Tue, 04 Oct 2022 00:39:24

XRP is back in the red this morning, with investor focus returning to the SEC v Ripple case. Uncertainty over the SEC's response weighed this morning.

SOLANA (SOL)

Current Price: $ 34.12 (24h Changes: 3.72 %)

Current Market Cap: $ 12,122,615,642 (24h Changes: 3.72 %)

Positive News

Despite Network Outages, Solana Trumps Ethereum As NFT Sales Hit $947 Million

Source: Zycrypto

Tue, 04 Oct 2022 15:01:07

Analysts now view NFTs as Solana's strong suit amid a wave of adverse reports surrounding the network.

3 Cryptos to Buy and Hold Forever

Source: Investorplace

Tue, 04 Oct 2022 13:47:46

For those who think this crypto crash may be ending. these three names are all top cryptos to buy and hold for the long-term.

Quick gains for Solana [SOL], but here's how far a breakout is

Source: AMBCrypto

Tue, 04 Oct 2022 12:30:51

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. $35 is a strong resistance The bullish momentum of the past few hours might reverse over the next day Bitcoin [BTC] managed to hold on to the $19.

Neutral News

Solana NFTs Garner Interest Despite Sluggish NFT Market

Source: TheNewsCrypto

Tue, 04 Oct 2022 06:25:12

About $133 million worth of Solana NFTs were traded as per DappRadar last month. September saw an 82% drop in

As Polygon (MATIC) And Solana (SOL) Decline, Flasko (FLSK) Emerges As The Top Coin To Follow

Source: CoinPedia

Tue, 04 Oct 2022 06:09:29

Most token values have decreased as a result of the negative market trend. Most cryptocurrency owners have trouble deciding which coins to sell and keep. Although specific cryptocurrencies are beginning to recover, others are still having difficulties.

Solana: Buy the Dip?

Source: The Motley Fool

Tue, 04 Oct 2022 05:30:00

This innovative cryptocurrency should be on every investor's radar.

Negative News

Solana Faces Criticism Over Failures and Controversies

Source: Crypto news

Tue, 04 Oct 2022 09:01:04

Solana has recently faced criticism on the social media platform over alleged deceptive designs to inflate usage falsely. The controversies seem not to end as the virtual asset network doesn't respond to the claims postulated on Twitter.

AVALANCHE (AVAX)

Current Price: $ 17.4 (24h Changes: 2.39 %)

Current Market Cap: $ 5,159,618,796 (24h Changes: 2.31 %)

Positive News

Why AVAX is poised to deliver at least 10% upside in next few days

Source: AMBCrypto

Tue, 04 Oct 2022 03:30:24

Avalanche [AVAX] holders may be in for a slight bullish opportunity this week as its price action showed some potential pivot signs. Given that AVAX concluded the last two weeks of September with a bearish performance, these signs offered traders some relief.

Neutral News

Altcoin Season On Horizon! Here's What Next for BTC, AVAX, XRP, DOT, and other altcoins

Source: CoinPedia

Tue, 04 Oct 2022 02:06:25

A downward correction is still a problem for cryptocurrencies as the current scenario limits the upward advances, pointing to a further decrease in cryptocurrency. This time of indecision among buyers and sellers causes some altcoins to become rangebound.

The thumbnail image of this article was taken from Unsplash, and granted the free rights to use under the Unsplash License by GuerrillaBuzz Blockchain PR Agency

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