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Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of appchains.
Binance Coin (BNB) is in the spotlight as it is on track to reclaim one of its most fundamental price levels. At press time, the fifth-largest digital currency was changing hands for $590.05, up by 1.21% in the past 24 hours per CoinMarketCap data.
Binance's Changpeng Zhao better known as CZ has publicly acknowledged the growing complexity in the Binance Coin (BNB) liquid staking ecosystem, highlighting the increasing number of derivative tokens tied to staking rewards. He shared a post on social media that asked if we should merge the different versions - like asBNB, slisBNB, and clisBNB - to create a more unified approach.
Non-fungible token sales on the BNB Smart Chain skyrocketed as investors show increased interest in the digital art sector.
Binance Coin is set to debut on U.S.-based crypto exchange Kraken with trading pairs including EUR, USD, USDC, and USDT. Binance Coin (BNB) has finally made its way to Kraken as the U.S.
BNB has shown significant market resilience similar to Bitcoin in the recent past catalyzed by rising demand. Bullish sentiment has been building up for the BNB price in the last three months, but it could be delayed if the support level at $520 is breached.
Binance Coin (BNB) could be on the verge of a major price movement as attention turns to its upcoming debut on Kraken, one of the longest-running cryptocurrency exchanges. Traders have begun preparing for what some call a possible shift in BNB's trading landscape.
The BNB Foundation has reached its 31st quarterly token burn, taking 1,579,207 tokens out of circulation. This colossal decrease, valued at about $916 million at today's prices, reaffirms the project's long-standing dedication to reduce its overall supply.
$600 is a crucial overhead hurdle for bulls to cross, else short sellers can drag BNB down to $520.
Trump's WLFI chose BNB chain as the main avenue for issuing its USD1 tokens, which now holds 90% of its supply.
Binance Coin (BNB) is facing a rejection at the moving average lines after failing to break above them.
BNB Chain burned $916 million worth of tokens in its quarterly burn event, but the price barely moved despite the reduced supply.
According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.
BNB price is recovering from the $575 support zone. The price is now consolidating gains and might face hurdles near $585 and $600.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
TL;DR Binance has completed its 31st quarterly BNB burn, permanently removing 1.57 million tokens worth $916 million from circulation. This move is part of BNB Chain's long-term deflationary strategy to reduce total supply to 100 million BNB. Despite the massive burn, BNB's price dropped by 0.37%, sparking mixed reactions from the crypto community.
Binance Chain has just completed its 31st quarterly token burn operation, permanently removing 1.58 million BNB from circulation, equivalent to 914 million dollars. This strategy could well propel the price of the world's fifth largest cryptocurrency in the coming weeks.
Binance Coin price has formed a symmetrical triangle pattern as its staked amount rises, and after the network executed its quarterly token burn. Binance Coin (BNB) was trading at $582, a few points above its lowest level this month.
Binance Chain has completed its 31st quarterly BNB token burn, removing $916 million worth of coins permanently from circulation. This move has sparked speculations of a possible BNB price rally, with analysts and traders remaining enthusiastic.
Binance co-founder Changpeng Zhao (CZ) announced a major deflationary milestone, confirming the completion of BNB Chain's 31st quarterly token burn.
Less than 40 million BNB is left to be burned now.
BNB Chain's auto-burn program adjusts according to block production and price movements. The Chain finalized its 31st quarterly burn today, removing BNB worth over $916 million from circulation. The move underscores the network's dedication to shrinking BNB's total supply to 100 million through its auto-burn approach. The latest incineration has removed over 1.
Layer-1 blockchain protocol BNB Chain has completed its 31st quarterly burn for Binance Coin (BNB). As revealed on its official X handle, the protocol burned 1,579,208 BNB.
Binance plans a brief pause for BNB Smart Chain transactions as it performs scheduled wallet maintenance.
