What Happens To L1 Tokens Today? (17 Sep 2022, Saturday)

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Here are the news for you today.

BITCOIN (BTC)

Current Price: $ 19,659.06 (24h Changes: -0.57 %)

Current Market Cap: $ 377,385,010,113 (24h Changes: -0.79 %)

Positive News

First '33 Act BTC Futures ETF From Hashdex Goes Live After SEC Approval

Source: 

Fri, 16 Sep 2022 15:52:56

The Hashdex Bitcoin Futures ETF is now live on the New York Stock Exchange (NYSE). The product is trading under ticker “DEFI” following approval from the Securities and Exchange Commission (SEC).

Op-ed: Bitcoin layer 2 Statechains gaining recognition as the reality of privacy erosion sets in

Source: CryptoSlate

Fri, 16 Sep 2022 14:11:17

On August 8, the U.S Treasury added Tornado Cash to its Office of Foreign Assets Control (OFAC) list. The post Op-ed: Bitcoin layer 2 Statechains gaining recognition as the reality of privacy erosion sets in appeared first on CryptoSlate.

Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move

Source: Cryptonews

Fri, 16 Sep 2022 13:31:00

A much-discussed Bitcoin (BTC) spot exchange-traded fund (ETF) could finally see the light of day in the US, after a new ETF filed under rules that would be used for a spot fund just went live on the market.

Neutral News

Bitcoin-Loving El Salvador President Nayib Bukele Running For Reelection: Here's How The Crypto Performed Since Becoming Legal Tender In The Country

Source: Benzinga

Fri, 16 Sep 2022 15:47:56

In June 2021, El Salvador became the first country to make cryptocurrency Bitcoin (CRYPTO: BTC) legal tender. The move was supported by the country's President Nayib Bukele, a vocal Bitcoin bull.

Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Fri, 16 Sep 2022 14:29:34

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices.

Bitcoin and Ether Hold Steady as the Ethereum Merge Is Completed

Source: 

Fri, 16 Sep 2022 14:00:10

The anticipated Ethereum Merge is now complete, yet bitcoin (BTC) and ether (ETH) prices remained steady. Matthew Sigel, head of digital assets research at VanEck, joins OKCOIN Chief Operating Officer Jason Lau on "First Mover" to discuss the crypto markets.

Negative News

The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin

Source: Cointelegraph

Fri, 16 Sep 2022 15:15:00

A classic bearish reversal pattern suggest pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event.

Ethereum Price Stalls While Bitcoin Dips Below $20,000 Post Merge

Source: 

Fri, 16 Sep 2022 15:11:39

Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade.

WATCH: Bitcoin Barely Holds Onto $20,000 Support | BTCUSD September 16, 2022

Source: 

Fri, 16 Sep 2022 15:02:17

In this episode of NewsBTC's daily technical analysis videos, we provide a weekly wrap up on Bitcoin price action and look ahead into what might be a critical weekend for crypto. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 16, 2022 Overall, there isn't all that much more to report this week.

ETHEREUM (ETH)

Current Price: $ 1,430.81 (24h Changes: -4.72 %)

Current Market Cap: $ 172,879,462,404 (24h Changes: -4.91 %)

Positive News

Ethereum Merge Will Drive Crypto Asset Prices Higher, According to deVere Group CEO Nigel Green – Here's Why

Source: The Daily Hodl

Fri, 16 Sep 2022 15:00:19

The chief executive of financial advisory giant deVere Group says that Ethereum's (ETH) recent transition to a proof-of-stake consensus mechanism should drive up the prices of crypto assets.

Ethereum merge ‘very smooth overall success,' Galois Capital co-founder says

Source: Yahoo Finance

Fri, 16 Sep 2022 12:50:23

#Ethereum #Ethereummerge #yahoofinance Galois Capital co-founder Kevin Zhou joins Yahoo Finance's Jared Blikre and David Hollerith to discuss the ethereum merge, what it means for the blockchain to move to a proof-of-stake, and the latest crypto cycle. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Polygon Co-Founder on Ethereum Merge: It's the ‘First Major Step'

Source: 

Fri, 16 Sep 2022 12:00:24

The long-awaited Ethereum Merge has been completed early Thursday morning, shifting the network from proof-of-work to proof-of-stake. Polygon co-founder Sandeep Nailwal joins "First Mover" to discuss what the upgrade means for layer 2 protocols like Polygon.

Neutral News

Ethereum's Successful Merge Could Attract Unforeseen SEC Scrutiny: Report

Source: The Daily Hodl

Fri, 16 Sep 2022 15:55:30

A statement made by U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler in the wake of Ethereum's (ETH) merge hints that federal regulators may reportedly consider the top altcoin as a security.

Ether ends week with wild trading day and White House reveals regulation guidance: CNBC Crypto World

Source: CNBC Television

Fri, 16 Sep 2022 15:41:53

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, Jake Boyle of Caleb & Brown discusses what's driving the post-merge volatility.

Grayscale Says It May Sell ETHW Stash, Distribute Value to Ethereum Fund Investors

Source: 

Fri, 16 Sep 2022 15:20:01

The asset manager today filed a “distribution of rights” declaration with the SEC regarding its holdings of the forked Ethereum coins.

Negative News

The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin

Source: Cointelegraph

Fri, 16 Sep 2022 15:15:00

A classic bearish reversal pattern suggest pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event.

Ethereum Price Stalls While Bitcoin Dips Below $20,000 Post Merge

Source: 

Fri, 16 Sep 2022 15:11:39

Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade.

Ethereum's Price Dips Below $1,500 After the Merge

Source: 

Fri, 16 Sep 2022 14:31:00

In terms of technical details, the Ethereum Merge went smoothly, but perceptions towards ETH may change after switching to a more environmentally friendly consensus architecture

BINANCE (BNB)

Current Price: $ 273.33 (24h Changes: 0.68 %)

Current Market Cap: $ 44,721,449,096 (24h Changes: 0.43 %)

Positive News

These Altcoins May be the Best Bet For Traders Post Merge!

Source: CoinPedia

Fri, 16 Sep 2022 10:00:04

It's been an exceptionally bearish week as most of the cryptocurrencies are trading in the red. Bitcoin, the world's first cryptocurrency, has lost its $20,000 level and is trading around the $19,000 level.  The second largest cryptocurrency by market cap, Ethereum, has also lost its key trading level and has dropped to around $1,400.

These Altcoins May Outperform Ethereum Post-Merge, According to Ex-Goldman Sachs Executive Raoul Pal

Source: The Daily Hodl

Fri, 16 Sep 2022 05:15:29

Macro guru and former co-head of hedge fund sales in equities and equity derivatives at Goldman Sachs, Raoul Pal, is previewing what type of altcoins could outperform the second-largest crypto asset by market after the Ethereum (ETH) merge.

Web 3 Platform LiveArt Brings World-leading Arts and Culture to BNB Chain

Source: CryptoPotato

Fri, 16 Sep 2022 04:27:24

[PRESS RELEASE – New York, United States, 15th September 2022] LiveArt, the web3 platform transforming the art market, is bringing its industry-leading tools for creators, collectors, communities, and brands to the BNB Smart Chain.

Neutral News

Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Fri, 16 Sep 2022 14:29:34

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices.

CARDANO (ADA)

Current Price: $ 0.46 (24h Changes: -1.06 %)

Current Market Cap: $ 15,730,063,741 (24h Changes: -1.19 %)

Positive News

Here's How Cardano Will Benefit from Vasil Hard Fork

Source: 

Fri, 16 Sep 2022 14:46:00

Input Output's Tim Harrison has shared some details about the Vasil hard fork will dramatically improve the Cardano blockchain

Cardano (ADA) Developing Authenticity Solution for Georgia's Wine Industry

Source: Crypto news

Fri, 16 Sep 2022 10:40:48

The Cardano Foundation is developing a blockchain-based supply chain traceability solution for the Georgian wine industry.

5 Best Cryptos to Buy for Long-Term Returns September 2022 Week 2

Source: Inside Bitcoins

Fri, 16 Sep 2022 10:21:56

Following the release of unimpressive inflation data this week, the crypto market appears to be following the traditional stock market in decline.

Neutral News

Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Fri, 16 Sep 2022 14:29:34

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices.

Cardano Price Prediction – How High can Cardano reach by 2030?

Source: CryptoTicker

Fri, 16 Sep 2022 11:28:19

Many investors assume that Cardano can replace Ethereum. How high can Cardano reach by 2030?

Here's Where Ethereum Competitors SOL, ADA, And ETC Price Are Heading Next

Source: CoinPedia

Fri, 16 Sep 2022 01:55:33

Finally, the Ethereum network has completed its most anticipated merge which has helped the network to transform from a proof-of-work to a proof-of-stake consensus mechanism. The merge has pushed the Ethereum Classic (ETC) hash rate to spike at 222.50 hashes per second which is a more than 200% rise from September 13.

Negative News

Cardano Closer to 15% Plunge Very Soon, Will the ADA Bulls Jump in at the Bottoms?

Source: CoinPedia

Fri, 16 Sep 2022 13:18:00

Cardano's price, ever since it reached the upper resistance around $0.5 has been maintaining a notable decline until the press time. The asset appears to be mirroring the previous pattern where-in a minor jump attracts some liquidity. Further on reaching certain highs, the ADA price quickly drops significantly, shedding huge amounts of gains.

Cardano price analysis: ADA declines price to $0.458

Source: Cryptopolitan

Fri, 16 Sep 2022 12:51:10

Cardano price analysis shows rising signs as the market shows bearish dynamics. The bears have fully regained their control of the Cardano market, which will change the course of the market for the worse, and ADA now expects a complete bearish period to take over in the next few days.

Why Cardano (ADA) Could Be Registering Another Decline, Analyst Explains

Source: 

Fri, 16 Sep 2022 10:01:29

Cardano faces a new obstacle with the impending Vasil update. Analyst and futures trader Peter Brandt predicts poor performance for the coin based on current trends and projections.

RIPPLE (XRP)

Current Price: $ 0.34 (24h Changes: 4.2 %)

Current Market Cap: $ 17,154,586,844 (24h Changes: 4.06 %)

Positive News

XRP Wallet Addresses Soar Past 4.3 Million As On-Chain Activities See Remarkable Boost

Source: Zycrypto

Fri, 16 Sep 2022 13:19:23

The total number of addresses holding XRP, Ripple's native token, has hit a new milestone

XRP Wallet Addresses Soars Past 4.3 Million As On-Chain Activities See Remarkable Boost

Source: Zycrypto

Fri, 16 Sep 2022 12:31:32

The total number of addresses holding XRP, Ripple's native token, has hit a new milestone

Neutral News

Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Fri, 16 Sep 2022 14:29:34

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices.

SEC v. XRP: Lawyer Explains How Chamber of Digital Commerce Will Help Ripple and XRP

Source: 

Fri, 16 Sep 2022 06:00:00

Participation of Chamber of Digital Commerce in case is win-win, explains lawyer

Negative News

XRP Crashes 8% in Three Days, Here's The Next Support (Ripple Price Analysis)

Source: CryptoPotato

Fri, 16 Sep 2022 10:38:49

XRP hasn't created a higher high in the last four months. This shows that the bears are currently in control, and they show little to no signs of weakness.

Ripple Falters Above $0.32 as Buyers Fail to Resume Uptrend

Source: 

Fri, 16 Sep 2022 06:45:00

The price of Ripple (XRP) is in a downtrend as the altcoin drops below the moving average lines. Today, the cryptocurrency value is declining as buyers are unable to keep the price above the moving average lines.

SOLANA (SOL)

Current Price: $ 32.18 (24h Changes: -4.12 %)

Current Market Cap: $ 11,420,059,792 (24h Changes: -4.18 %)

Positive News

These Altcoins May be the Best Bet For Traders Post Merge!

Source: CoinPedia

Fri, 16 Sep 2022 10:00:04

It's been an exceptionally bearish week as most of the cryptocurrencies are trading in the red. Bitcoin, the world's first cryptocurrency, has lost its $20,000 level and is trading around the $19,000 level.  The second largest cryptocurrency by market cap, Ethereum, has also lost its key trading level and has dropped to around $1,400.

2 Cryptocurrencies That Could Overtake Bitcoin

Source: The Motley Fool

Fri, 16 Sep 2022 07:15:00

Bitcoin is still the No. 1 cryptocurrency, but for how much longer?

These 5 Crypto Could See Price Boom in September - Time to Buy

Source: Cryptonews

Fri, 16 Sep 2022 06:46:00

The cryptocurrency market has suffered a 3% drop in its total cap in the past day. At $1 trillion, it has also fallen by 2.5% in a week and by 16% in a month. These falls have occurred within a context of rising inflation and interest rates, suppressing global stock markets as well as crypto. However, given that the market downturn isn't for fundamental reason, continuing falls merely introduce discounts that create the conditions for bigger rebounds. Accordingly, here's our selection of 5 cryptocurrencies that could see a price boom this month.

Neutral News

Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Source: Cointelegraph

Fri, 16 Sep 2022 14:29:34

Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices.

Shiba Inu (SHIB) And Solana (SOL) Investors Move To Presale Token Flasko (FLSK)

Source: CoinPedia

Fri, 16 Sep 2022 06:23:00

Many new coins have entered the crypto space, with the majority of them being disastrous flops. To be successful, a crypto project must have the perfect time, the genius idea, the great solution, the ideal team, and one more thing: a lot of excitement. Cryptocurrencies cannot exist in the absence of excitement.

Solana Price Faces Coupled Conditions, Will SOL Price Make it or Break it?

Source: CoinPedia

Fri, 16 Sep 2022 03:26:30

Solana, the fastest-growing cryptocurrency ecosystem and blockchain in the world, has dropped by 6.54% in the last week. Moreover, the price continued to decline by  1.07% in the past 24- hours. As the bulls and bears haggle between the 8-day exponential and 21-day simple moving averages.  The Solana price is now auctioning at $32.

AVALANCHE (AVAX)

Current Price: $ 17.92 (24h Changes: -3.02 %)

Current Market Cap: $ 5,308,374,883 (24h Changes: -3.06 %)

Positive News

These Altcoins May be the Best Bet For Traders Post Merge!

Source: CoinPedia

Fri, 16 Sep 2022 10:00:04

It's been an exceptionally bearish week as most of the cryptocurrencies are trading in the red. Bitcoin, the world's first cryptocurrency, has lost its $20,000 level and is trading around the $19,000 level.  The second largest cryptocurrency by market cap, Ethereum, has also lost its key trading level and has dropped to around $1,400.

These Altcoins May Outperform Ethereum Post-Merge, According to Ex-Goldman Sachs Executive Raoul Pal

Source: The Daily Hodl

Fri, 16 Sep 2022 05:15:29

Macro guru and former co-head of hedge fund sales in equities and equity derivatives at Goldman Sachs, Raoul Pal, is previewing what type of altcoins could outperform the second-largest crypto asset by market after the Ethereum (ETH) merge.

Negative News

Avalanche price analysis: Cryptocurrency value depreciates to $17.87 after bearish spin

Source: Cryptopolitan

Fri, 16 Sep 2022 10:19:08

Avalanche price analysis reveals that the market is in a bearish trend as prices constantly fall. There is some support for AVAX prices around $17.72 but it looks like it won't be enough to stop the fall.

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

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