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The cryptocurrency market has experienced a recent price crash, with altcoins suffering the most and registering double-digit losses. Nevertheless, prominent crypto analysts believe this asset class presents a “once in a few years” opportunity, forecasting a positive outcome. This is because some cryptocurrencies could be undervalued in the current market while offering remarkable solutions despite the speculative volatility. Essentially, using capitalization as a benchmark can provide valuable insights into fundamental analyses and promising altcoins with notable competitive advantages. The market cap is a better-suited metric for that goal than the cryptocurrency’s individual price, considering supply can vary drastically. Picks for you Buy signal for 2 oversold cryptocurrencies this week 1 h...

Amid a wild ride for the majority of assets in the cryptocurrency sector this week that has seen Bitcoin (BTC) soar above the critical price level at $62,000, dog-themed meme crypto assets Shiba Inu (SHIB) and Dogecoin (DOGE) are recording double-digit advances. Indeed, the overall optimism in the crypto industry, which has pushed its total market capitalization to $2.34 trillion, has not only assisted in the flagship decentralized finance (DeFi) asset’s rally but has also led the two meme coins to advance over 25%, alongside other positive developments. Total crypto market cap 12-month chart. Source: CoinMarketCap Shiba Inu price analysis As it happens, Shiba Inu, Dogecoin’s largest competitor, has raced a massive 23.52% in a single day, increasing its price from $0.000011147 to $0.00001377 during this time, according to the most recent chart information retrieved by Finbold on February 29. Picked for you This Chinese EV maker's stock surged over 60% in February ...

With the majority of assets in the cryptocurrency sector making bullish rallies this week, Terra Classic (LUNC) is no exception, recently returning to the top 100 crypto assets by market capitalization and looking at recording another impressive result – 100 billion burned LUNC. Specifically, the Terra Classic community is approaching the milestone of 100 billion of its native tokens burned in a collaborative effort to remove them from the circulating supply, according to the most recent data retrieved from the Terra Classic analytics platform LUNC Metrics on February 13. Indeed, the community has so far burned 98.52 billion LUNC tokens since the introduction of the practice on May 13, 2022, having burned as much as 391 LUNC in the last seven days alone, bringing the total amount of LUNC in circulating supply to 5.78 trillion. Total Terra Classic tokens burned in last month. Source: LUNC Metrics Thanks to this burning campaign, largely accelerated by Binance, one of the l...

Joe Lewis, the billionaire former Premier League football club owner who sold Sam Bankman-Fried more than $76 million worth of property in the Bahamas, is set to plead guilty to 19 fraud charges, reports Financial Times. Lewis, who owned London-based Tottenham Hotspur, handed himself in to US authorities last year after he was charged with a number of offenses including securities fraud, conspiracy, and making false statements. The 86-year-old is accused of helping his ex-girlfriend and his personal pilots invest in numerous biotech companies before positive news was announced publicly. Those involved profited over half a million dollars. Lewis pleaded not guilty last summer, claiming that the US government’s decision to charge him was “an egregious error in judgement.” He was subsequently released on a $300 million bond — about $50 million more than FTX founder Sam Bankman-Fried . Joe Lewis and SBF linked by Deltec owner Lewis, who previo US ly ran a chain of restaurants, ...