Binance Burns $480 Million In BNB, Will Price Recover?
Binance, the world’s largest cryptocurrency exchange, just completed its quarterly BNB burn, destroying $480 million worth of its native BNB token. According…
Source: biztoc.com
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Binance Burns Over 2 Million BNB Tokens
Binance toasts about 2,020,132.25 BNB in its 23rd quarterly burn, taking $674 million of the coin out of circulation as it trades at $333, about half its…
Source: biztoc.com
Binance Coin Forms Bearish Pattern, Fundamentals Look Strong
Although there was some positive news from Binance yesterday and today, the BNB price is facing a bearish pattern on the weekly chart.
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Source: newsbtc.com
Binance Removes $547M Worth Of BNB Tokens From Circulating Supply
Burning is also a known measure used to counter inflation.
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Source: ibtimes.com
Binance burns $639 million worth of BNB
Popular cryptocurrency exchange, Binance, which is also the largest cryptocurrency exchange by trading volume, announced that it had completed its
Source: nairametrics.com
Binance Burns Native Tokens Worth Over $600 Million
Over a million units of Binance’s native tokens have been “burned” — taking around $640 million (roughly Rs. 4,795 crores) out of circulation from the crypto-space. This is the seventeenth burn of BNB tokens since their birth in 2017.
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Source: ndtv.com