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The cryptocurrency market is full of opportunities and value asymmetry that sharp observers can benefit from. On that aspect, market capitalization is a powerful benchmark to trace comparisons between competing projects for a fundamental analysis. In particular, the currently $3 billion Monero (XMR) stands out with strong fundamentals, hinting at an undervalued capitalization. Monero is one of the solid contenders that is gradually capturing part of Bitcoin’s (BTC) market share among cryptocurrencies. The project has most of Bitcoin’s praised strengths and benefits from more efficient transactions, an improved proof-of-work system resistant to ASIC’s centralization, and a battle-tested privacy-by-default network. Picks for you Impending altseason looms as Ethereum outperforms Bitcoin price action  ...

As the first half of 2024 draws near, the cryptocurrency market has seen a significant sell-off, eroding the market capitalization of many assets.  However, some cryptocurrencies still show strong potential for growth. Buoyed by strong underlying fundamentals, increasing community interest, and other favorable factors, these select cryptocurrencies could benefit if the market regains its bullish momentum. Finbold has identified two cryptocurrencies likely to attract significant capital inflows in the first half of 2024, propelling them toward the $1 billion market cap mark. Notably, these assets are already nearing this significant milestone. Picks for you AI revises XRP price prediction for end of 2024 51 mins ago Sell signal for two o...

As Bitcoin exchange-traded funds (ETFs) inflows pushed the Bitcoin (BTC) price above the $50,000 mark and Bitcoin halving on the horizon, there are indications that another price correction may be imminent.  As the TD Sequential indicator suggested, this potential correction could be significant, with a projected reduction of around -10% for the leading cryptocurrency. Specifically, the TD Sequential indicator has recently signaled a sell on the 3-day chart for Bitcoin. It’s worth noting that when this indicator signaled bearish conditions in previous instances, BTC experienced a price correction of approximately -10%, as highlighted in a post on X by cryptocurrency analyst Ali Martinez on February 21. Picked for you Tron (TRX) price prediction amid USDC halting operations 1 hour ago $3 billion drains from Solana in a day; What’s happening? 1 hour ago Machine learning algorithm predicts XRP price on March 1, 2024 2 hours ago Machine learning ...

Some low market-cap cryptocurrencies can present appealing risk-reward potential in the highly competitive and constantly shifting crypto landscape. In this article, Finbold has picked three assets that could reach $1 billion in market value in 2024. These projects sometimes grow under the radar due to not being featured among the top 100 ranks. However, it is important to understand that low market-cap cryptocurrencies will face different risks than the bigger ones. For example, lower liquidity or underdeveloped ecosystems. In this selection, Finbold looked to fundamental aspects of these projects, including decentralization, security, utility, and competitive advantages against higher capitalized coins. Radix (XRD) to reach $1 billion market cap First, Radix (XRD) is a layer-1 blockchain that serves as the infrastructure for decentralized finance (DeFi). Its native token currently has a $407,12 million capitalization, trading at $0.039 per token. Cryptocurrency Kr...

On the first day of every month, Ripple unlock s 1 billion XRP tokens from an escrow system programmed within the XRP Ledger. This is set to happen again on October 1 (Sunday), in three transactions of 100 million, 400 million, and 500 million XRP. Notably, October 2023’s unlock accrues for 1.87% of the current circulating supply of 53.31 billion XRP, and part of the remaining 46.69 billion XRP tokens owned by Ripple, that are still locked in escrows to be released monthly until February 2027. There are three escrows set to be finalized on the last minutes of September 30, held by two known wallet addresses under Ripple’s control: Address “Ripple (22)” —  for an unlock of 500 million XRP, that was locked on July 01, 2019, with the transaction ID “D0C3E…7568F”. Address “Ripple (23)” — for an unlock of 100 million XRP, that was locked on July 01, 2019, with the transaction ID “532CD…1E4D2”. Address “Ripple (23)” — for an unlock of 400 million XRP, that was locked on August 01,...

Join Our Telegram channel to stay up to date on breaking news coverage Binance’s BNB token has dropped by around 10% on the market charts after the Securities and Exchange Commission sued the world’s largest crypto exchange. Changpeng Zhao and entities owned by Binance have been accused of deception, conflict of interest, disclosure violation, and many other charges by the Securities and Exchange Commission. They have been accused of illegally operating unregistered national securities exchanges, broker-dealers, and clearing agencies. Due to this crackdown by the U.S. regulators, Binance has witnessed the biggest drop of this year. Over $1 billion of BNB have been claimed to have moved around in the market due to this action, as per the trade analysts. Read ahead as we discuss the charges framed by SEC against Binance and its CEO and the impact caused by this crackdown on the crypto exchange. Impact on Crypto Market The market capitalization of Binance Coin is m...