“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.
2023-02-14 (Tuesday)
BITCOIN (BTC)
Current Price: $ 21,732 (24h Changes: 0.17 % )
Current Market Cap: $ 419,123,063,992 (24h Changes: 0.32 % )
BTC-Positive News
1. Adam Back Says Bitcoin Could Explode to $200,000,000,000,000 Market Cap by 2032 – Here's Why
Source:
The Daily Hodl
Date:
Mon, 13 Feb 2023 14:41:13
Blockstream CEO and Bitcoin (BTC) advocate Adam Back says that the flagship crypto asset can explode to a $200 trillion market cap in the next nine years, meaning a price tag of about $10 million per coin.
2. Blockstream Founder: Bitcoin Market Cap Can Reach $200 Trillion by 2032 – Here's Why
Source:
Cryptonews
Date:
Mon, 13 Feb 2023 09:00:00
The market capitalization of Bitcoin (BTC) could reach as much as $200 trillion over the next nine years, if the legendary bitcoiner Adam Back is to be believed.
3. Real Value in a Digital World: Why Bitcoin is Set Up for the Long Haul
Source:
The Motley Fool
Date:
Mon, 13 Feb 2023 07:01:00
Cryptocurrencies have been dinged for lacking intrinsic value. Yet there is one in particular that turns that argument on its head.
BTC-Neutral News
1. Bitcoin News: Whale Txs Rises 3-Month High Ahead US CPI Inflation Data, What's Next?
Source:
Coingape
Date:
Mon, 13 Feb 2023 06:43:15
Bitcoin News: After slipping to a low of $21.5K, Bitcoin price is again witnessing a huge buying opportunity ahead of the U.S. Consumer Price Index (CPI) data on Tuesday. Bitcoin and altcoins prices tumbled after the news of the U.S. SEC's crackdown against crypto staking offered by crypto firms in the US.
2. Bitcoin Coinbase Premium Surges, What Does It Mean?
Source:
Bitcoinist
Date:
Mon, 13 Feb 2023 10:02:19
Data shows the Bitcoin Coinbase premium index has shot up recently. Here's what this may mean for the price of the cryptocurrency.
3. Bitcoin Slips Below $22K as Crypto Winter Rages On
Source:
Coindesk
Date:
Mon, 13 Feb 2023 13:00:08
Gerber Kawasaki's Brett Sifling joins "All About Bitcoin" to discuss bitcoin dropping below $22,000. Plus, a closer look at the major trends in crypto this year, as tokens utilizing AI technology are on the rise.
BTC-Negative News
1. Tether Mints 1 Billion USDT Amid Bitcoin (BTC) Price Drop and Binance USD (BUSD) Scandal
Source:
UToday
Date:
Mon, 13 Feb 2023 07:01:00
As reported by Whale Alert, stablecoin issuer Tether has minted another billion USDT. The event came right in the midst of the Binance USD (BUSD) scandal, which the U.S. Securities and Exchange Commission is reportedly seeking to have recognized as an unregistered security.
2. FUD Around BUSD May Drag the Bitcoin Lower-This is What One can Expect from BTC Price This Week!
Source:
CoinPedia
Date:
Mon, 13 Feb 2023 08:13:05
The fresh weekly trade began with the rounds of the SEC restricting Paxos from issuing new BUSD coins. The platform is believed to face a lawsuit from the SEC in connection with issuing BUSD labeled as ‘unregistered securities' with a total capitalization of $16B, with 90% of it concentrated on Binance.
3. Bitcoin Falls Above $21,500, But Risks Further Decline
Source:
Coin Idol
Date:
Mon, 13 Feb 2023 07:42:00
Bitcoin (BTC) price is falling while remaining above the 50-day line SMA and below the 21-day line SMA.
ETHEREUM (ETH)
Current Price: $ 1,500.19 (24h Changes: -0.2 % )
Current Market Cap: $ 181,001,574,701 (24h Changes: -0.41 % )
ETH-Positive News
1. Institutions Allocate to Ethereum (ETH), Polygon (MATIC) and One ETH Rival As Markets Consolidate: CoinShares
Source:
The Daily Hodl
Date:
Mon, 13 Feb 2023 14:05:46
Digital assets manager CoinShares says large institutional investors are being more selective this year, pouring money into Ethereum (ETH), Polygon (MATIC) and one ETH competitor last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional digital asset investment products suffered minor outflows last week despite specific altcoins enjoying inflows.
2. This Week in Crypto: Bitcoin, Ether and XRP Hold Steady After Largest Weekly Loss This Year
Source:
Zycrypto
Date:
Mon, 13 Feb 2023 09:33:36
Despite the strong crypto market resurgence in January building hope for the crypto community, the wait for a gargantuan bull market might last longer.
3. Investing in Web3 crypto projects? Metacade and Ethereum are hot buys
Source:
Invezz
Date:
Mon, 13 Feb 2023 07:37:57
Ethereum (ETH) is the dominant player in the world of layer-1 protocols, and although there are countless alternatives claiming to be the new Ethereum killer, no project has been able to make a significant dent in the market.
ETH-Neutral News
1. Bitcoin and Ethereum: today's price analysis
Source:
The Cryptonomist
Date:
Mon, 13 Feb 2023 09:41:05
The middle week of February begins with a sign of weakness for the digital asset market, with today's price of Bitcoin, Ethereum and most crypto assets ending the second consecutive week in negative territory.
2. Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
Source:
Coindesk
Date:
Mon, 13 Feb 2023 06:11:05
The exploiter is probably earning yields on staked cryptocurrency.
3. Bitcoin and Ethereum Price Prediction: Can BTC and ETH Bounce-Off With the 38.2% Fibonacci Retracement?
Source:
Cryptonews
Date:
Mon, 13 Feb 2023 03:03:00
Bitcoin has continued its downward trend and has now slid below $22,000, while the global cryptocurrency market cap is on the verge of falling below the $1 trillion mark. Most cryptocurrencies, including Bitcoin and Ethereum, have seen drops in the past few days.
ETH-Negative News
1. $320M Solana-Ether Wormhole Bridge Exploit: Hacker Earns Yields On Staked Tokens
Source:
Benzinga
Date:
Mon, 13 Feb 2023 11:11:16
A hacker responsible for the $320 million exploit of the Solana-Ether Wormhole bridge in 2022 has been actively engaging with the decentralized finance (DeFi) ecosystem. The individual behind the exploit exchanged some of the fraudulently obtained assets for Ether (CRYPTO: ETH) and may be earning yields on staked tokens, according to blockchain security firm Peckshield.
2. Solana's Wormhole Exploiter Moves Another $61M in ETH
Source:
CryptoPotato
Date:
Mon, 13 Feb 2023 06:19:19
The attacker has now moved $213 million of the $320 million they stole from Wormhole last year.
3. Bitcoin stems losses, outpaces Ethereum as staking anxiety mounts
Source:
Proactive Investors
Date:
Mon, 13 Feb 2023 04:14:26
Bitcoin stemmed its losses with a flat trade over the weekend, in what could be summed up as an ‘it could have been worse' performance. To catch you up to speed, the BTC/USDT trading pair took a 5% nosedive last Thursday following yet another regulatory crackdown, this time on the act of staking.
BINANCECOIN (BNB)
Current Price: $ 292.0 (24h Changes: -5.21 % )
Current Market Cap: $ 46,086,882,729 (24h Changes: -5.1 % )
BNB-Positive News
1. Top Bullish BNB Smart Chain Tokens To Buy In Feb 2023
Source:
Coingape
Date:
Mon, 13 Feb 2023 12:26:28
From popular cryptocurrencies like Binance coin (BNB) and Dogecoin (DOGE) to stablecoins like Tether and USD Coin, there is a large number of crypto tokens that run on the Binance Smart Chain. In this article, we discuss the best BNB Smart Chain tokens to buy and why they are going to rule the cryptocurrency market The post Top Bullish BNB Smart Chain Tokens To Buy In Feb 2023 appeared first on CoinGape.
BNB-Neutral News
1. BNB Chain ramps up efforts to grow GameFi, but what about BNB's price?
Source:
AMBCrypto
Date:
Mon, 13 Feb 2023 06:30:25
Binance Coin [BNB] has maintained a handsome number of weekly users on its network for quite some time, as the figures were consistently above the 2 million mark.
BNB-Negative News
1. Binance Coin Dumps Below $300 Following News From US Regulators: Market Watch
Source:
CryptoPotato
Date:
Mon, 13 Feb 2023 04:51:19
Binance Coin has dropped by over 5% in the past 24 hours following the news regarding BUSD and Paxos.
2. Binance's Native Token, BNB, Price Impacted by Recent FUD on Stablecoin: Details
Source:
UToday
Date:
Mon, 13 Feb 2023 08:24:00
Binance's native token, BNB, posted a significant drop on its daily chart after a New York regulator ordered Paxos Trust to stop creating more BUSD stablecoins.
3. BNB Token Slides Under $300, Binance USD Inflows Signal Bearish Signs
Source:
Coindesk
Date:
Mon, 13 Feb 2023 06:23:21
An SEC spokesperson told Coinesk the commission does not comment on the existence or nonexistence of a possible investigation.
CARDANO (ADA)
Current Price: $ 0.36 (24h Changes: -0.5 % )
Current Market Cap: $ 12,526,434,204 (24h Changes: -0.76 % )
ADA-Positive News
1. Cardano Djed Stablecoin Records Impressive Growth Numbers: Details
Source:
UToday
Date:
Mon, 13 Feb 2023 09:30:00
Barely two weeks after its mainnet launch, the overcollateralized Stablecoin Djed (DJED) based on Cardano has garnered over 31 million Cardano (ADA) coins as backing. Djed now has 31,496,011 ADA in its base reserves.
2. $ADA: Charles Hoskinson Says Cardano's Staking Model Is Safe From the SEC for Now
Source:
CryptoGlobe
Date:
Mon, 13 Feb 2023 04:09:56
Last Friday (10 February 2023), Charles Hoskinson, Co-Founder and CEO at Input Output Global (“IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), shared his thoughts on the U.S. SEC's stance on crypto staking and how they might impact $ETH or $ADA. On 9 February 2023, the U.S.
3. Charles Hoskinson: This is how Cardano could fix staking in the US to be compliant with SEC
Source:
CryptoNewsFlash
Date:
Mon, 13 Feb 2023 09:44:36
Cardano founder Charles Hoskinson has proposed the contingent staking model for the ecosystem.
ADA-Neutral News
1. Should Cardano (ADA) Add KYC? Charles Hoskinson Weighs In
Source:
UToday
Date:
Mon, 13 Feb 2023 01:44:00
Charles Hoskinson, the founder of Cardano and IOHK, has recently engaged in a Twitter exchange regarding the controversial topic of adding know-your-customer (KYC) support on the first layer of the Cardano blockchain.
2. Cardano (ADA) Price Cools After 68% Increase, but Is Second Phase Incoming?
Source:
BeInCrypto
Date:
Mon, 13 Feb 2023 08:30:00
The Cardano (ADA) price trend is bullish as long as there isn't a close below $0.327.
ADA-Negative News
1. Cardano shows bearishness in short-term, but reversal was possible at
Source:
AMBCrypto
Date:
Mon, 13 Feb 2023 10:30:43
Cardano released the weekly development update on 10 February. It highlighted some notable statistics but did not shore up buyer confidence in the short term.
2. Cardano price analysis: ADA suffer a further downtrend to lows of $0.3514
Source:
Cryptopolitan
Date:
Mon, 13 Feb 2023 14:03:35
Cardano price analysis is showing signs of a downtrend, as the price has been following a decreasing movement since the start of today's trading session. Bears have dragged price levels down to $0.3514, which represents a 5.70% decrease in the last 24 hours.
RIPPLE (XRP)
Current Price: $ 0.37 (24h Changes: -0.68 % )
Current Market Cap: $ 18,662,904,773 (24h Changes: -0.88 % )
XRP-Positive News
1. Deaton Claims Victory in XRP-SEC Lawsuit as SEC Acknowledges XRP as “Software Code”
Source:
CoinPedia
Date:
Mon, 13 Feb 2023 03:23:14
The well-known cryptocurrency attorney and XRP supporter John Deaton has boasted about their success in getting the United States Securities and Exchange Commission to acknowledge that the Ripple-issued asset is a software code. Let me quote what we forced the SEC to admit: “Stripped down, XRP is software code.
2. Pro-Ripple Lawyer Praises Coinbase for Willingness to Beat SEC in Court
Source:
UToday
Date:
Mon, 13 Feb 2023 07:14:00
John Deaton, who founded CryptoLaw U.S., has taken to Twitter to tell the community that Brian Armstrong of Coinbase provided the only worthy response to the SEC threatening U.S. crypto exchanges, and Kraken in particular, for their staking products.
3. This Week in Crypto: Bitcoin, Ether and XRP Hold Steady After Largest Weekly Loss This Year
Source:
Zycrypto
Date:
Mon, 13 Feb 2023 09:33:36
Despite the strong crypto market resurgence in January building hope for the crypto community, the wait for a gargantuan bull market might last longer.
XRP-Neutral News
1. XRP News: Over 592 Million XRP Moved: What Are Whales Up To?
Source:
Coingape
Date:
Mon, 13 Feb 2023 07:24:27
XRP News: Ripple's native crypto, XRP witness a significant increase in whale movement. However, crypto whales have been on an XRP accumulation spree since December 2022 as Ripple Vs the SEC lawsuit is edging closer to a judgment.
2. Ripple's General Counsel Getting Political to Take Dig at Gensler
Source:
UToday
Date:
Mon, 13 Feb 2023 12:59:00
Stuart Alderoty, Ripple's chief legal officer, recently took a dig at Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), in a tweet that implies that Gensler could be a political liability for President Joe Biden.
3. Major Ripple (XRP) partner announces next airdrop following FIP.01 – How you claim your tokens
Source:
CryptoNewsFlash
Date:
Mon, 13 Feb 2023 07:00:54
The first FlareDrop Distribution shall happen next month on March 17, with 36 subsequent distributions later.
XRP-Negative News
1. Ripple's XRP Analysis: Lack of News Causes Price Support Loss
Source:
Dailycoin
Date:
Mon, 13 Feb 2023 13:30:49
XRP trading is within a symmetrical triangle. Analysis suggests potential reversal, but market sentiment and events can impact the price.
2. Is it Too Late to Buy XRP? Crypto Experts Give Their XRP Price Predictions
Source:
Cryptonews
Date:
Mon, 13 Feb 2023 13:12:00
Things are not looking good for XRP. At least, that's from a technical perspective. Regarding Ripple's ongoing lawsuit against the US Securities and Exchange Commission, which accused the global crypto payments company of selling XRP as an unregistered security, no one knows what is going to happen. The judge presiding over the case is expected to make a ruling by the end of this quarter as to whether the case goes to trial or not and XRP bulls are hoping that Ripple might be able to force the SEC into a settlement.
3. Patience Running Thin for XRP as Lack of Ripple News Leads to Price Losing Important Support
Source:
BeInCrypto
Date:
Mon, 13 Feb 2023 06:00:00
If the XRP price bounces at the current support levels, it could begin an upward movement.
SOLANA (SOL)
Current Price: $ 20.81 (24h Changes: 0.65 % )
Current Market Cap: $ 7,838,419,712 (24h Changes: 1.07 % )
SOL-Positive News
1. Institutions Allocate to Ethereum (ETH), Polygon (MATIC) and One ETH Rival As Markets Consolidate: CoinShares
Source:
The Daily Hodl
Date:
Mon, 13 Feb 2023 14:05:46
Digital assets manager CoinShares says large institutional investors are being more selective this year, pouring money into Ethereum (ETH), Polygon (MATIC) and one ETH competitor last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional digital asset investment products suffered minor outflows last week despite specific altcoins enjoying inflows.
2. Solana Stakes 14% Claim to NFT Market in Ecosystem Boost
Source:
Dailycoin
Date:
Mon, 13 Feb 2023 13:00:53
Solana NFT sales have increased by 8% in the last year, according to researchers.
SOL-Neutral News
1. Solana Monkey Business Has a New Owner: NFT Exchange Hadeswap
Source:
Decrypt
Date:
Mon, 13 Feb 2023 13:09:26
One of Solana's most popular NFT projects just changed hands, but will the DAO of NFT holders be receptive to the new owners?
2. Here's How Solana Coin May Resume Its Prior Recovery; Enter Now?
Source:
Coingape
Date:
Mon, 13 Feb 2023 08:14:08
Over the last two weeks, the Solana coin price witnessed a steady downfall in the daily time frame. The coin price is showcasing a series of lower highs and lower lows formation within the two downsloping trendlines.
SOL-Negative News
1. Solana's [SOL] lackluster performance in DeFi space could be due to
Source:
AMBCrypto
Date:
Mon, 13 Feb 2023 01:30:10
Solana [SOL] witnessed a considerable fall in its decentralized finance (DeFi) activity in the month of February. As per data from DeFiLlama, the total value locked (TVL) on the network remained flat for the most part of February before dipping below $250 million.
2. $320M Solana-Ether Wormhole Bridge Exploit: Hacker Earns Yields On Staked Tokens
Source:
Benzinga
Date:
Mon, 13 Feb 2023 11:11:16
A hacker responsible for the $320 million exploit of the Solana-Ether Wormhole bridge in 2022 has been actively engaging with the decentralized finance (DeFi) ecosystem. The individual behind the exploit exchanged some of the fraudulently obtained assets for Ether (CRYPTO: ETH) and may be earning yields on staked tokens, according to blockchain security firm Peckshield.
3. Solana's Wormhole Exploiter Moves Another $61M in ETH
Source:
CryptoPotato
Date:
Mon, 13 Feb 2023 06:19:19
The attacker has now moved $213 million of the $320 million they stole from Wormhole last year.
AVALANCHE (AVAX)
Current Price: $ 17.44 (24h Changes: 0.83 % )
Current Market Cap: $ 5,494,256,668 (24h Changes: 0.79 % )
AVAX-Negative News
1. Avalanche price analysis: AVAX/USD negative trend overtakes the market as it drops under $17.49
Source:
Cryptopolitan
Date:
Mon, 13 Feb 2023 05:42:22
Avalanche price analysis shows a strong bearish move today, as the coin just beached the $17.26 support at the moment. The price has been falling for the past few days as bears dominate the market.
COSMOS (ATOM)
Current Price: $ 13.03 (24h Changes: -1.16 % )
Current Market Cap: $ 3,811,959,740 (24h Changes: -1.28 % )
ATOM-Negative News
1. Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low
Source:
Bitcoin
Date:
Mon, 13 Feb 2023 11:41:41
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday's session. Volatility was high ahead of Tuesday's U.S. consumer price index release, and with the depegging of BUSD. Cosmos also traded lower to start the week, hitting a 14-day low.
POLKADOT (DOT)
Current Price: $ 6.1 (24h Changes: 0.2 % )
Current Market Cap: $ 7,333,410,981 (24h Changes: -0.05 % )
DOT-Positive News
1. Polkadot (DOT) Seeks Additional Functionalities With 3 Key Upcoming Upgrades: Details
Source:
UToday
Date:
Mon, 13 Feb 2023 07:44:00
The Polkadot (DOT) ecosystem is billed to see a number of additional functionalities through targeted protocol upgrades that are set to go live in the near term. According to a new Twitter thread by Bill Laboon, a Kusama Council Member, at least two key proposals to boost network functionality have attained over 95% approval by voters.
2. Wanchain Introduces USDT XFlows on Polkadot through Astar
Source:
BlockchainReporter
Date:
Mon, 13 Feb 2023 11:13:17
As per Wanchain, the unique solution utilizes cross-chain bridges for the provision of non-custodial and convenient transactions across blockchains.
DOT-Neutral News
1. Polkadot mulls research into ‘token morphism' amid regulatory crackdown
Source:
The Block
Date:
Mon, 13 Feb 2023 10:02:37
Polkadot is considering efforts to create guidelines that other projects can use to replicate its reported success in dealing with the SEC.