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.
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance.
Yet another hack story shook investors' faith in Defi. The DeFi world is once again in the spotlight after a newly launched perpetual trading platform, KiloEx, backed by YZi Labs (previously known as Binance Labs), fell victim to a multi-chain exploit that drained approximately $7 million.
While global economies remain very uncertain going forward, the crypto market is beginning to coil up, and the U.S. stock market allowing, we could see a substantial surge into the Summer. Solana (SOL), Binance Coin (BNB), and Sui (SUI) are well placed to lead this resurgence.
BNB Chain addresses rumors, clarifies cooperation, emphasizes official channels.
BNB Chain stands out as a powerful blockchain network designed to support decentralized applications (dApps) while ensuring transactions remain fast, secure, and cost-efficient. With its impressive scalability, adaptability, and strong community-driven development, it has cemented its place as a key player in the blockchain ecosystem.
The BNB price has drifted upwards in the past few days as the crypto market has remained in a tight range, with Bitcoin hovering above $84,000. BNB was trading at $592 on Sunday, up by about 18% from the lowest level this year.
BNB is above the $540 support but below the moving average lines in a trading range.
Explore the latest updates on BNB Chain's ecosystem, including key metrics, new projects, and significant events held in early April 2025.
BNB Chain completed the Lorentz hard fork today to improve the network's efficiency. Mainnet upgrades are scheduled for later this month, while the Maxwell upgrade takes place in June.
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
TL;DR Speed Surge: BNB Chain's testnets now boast dramatically lower block times—0.5 seconds on opBNB and 1.5 seconds on BSC—courtesy of the Lorentz Fork upgrade. Optimized Efficiency: The upgrade enhances network responsiveness, ensuring a smoother and faster transaction experience for both developers and users, particularly benefiting time-sensitive DeFi apps.
BNB has reclaimed the $580 level following the successful testnet completion of a key network upgrade, injecting fresh optimism into the BNB ecosystem and the broader Binance Smart Chain (BSC) community.
BNB Chain has completed the Lorentz testnet hard forks just as BNB Coin breaks out of a year-long technical pattern, signaling a potential price rally.
BNB price recovers from $535 support, now trading at $577 with 3.58% daily gain, but faces tough resistance near $600 and $650 levels.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned.
The renowned blockchain ecosystem BNB Chain has achieved a monumental stride this Friday, revealing that it completed the Lorentz testnet hardforks. According to an X post on April 10, this upgrade on the blockchain ecosystem brings faster blocks and smoother performance.
BNB Chain's MVB Season 9 event in Hong Kong gathered leading Web3 figures to discuss blockchain innovation and featured insights from industry leaders like CZ and Vitalik Buterin.
The BNB Chain Super Meetup in Hong Kong gathered industry leaders to discuss the future of Web3, memecoins, and DeFi, highlighting the importance of innovation and community collaboration.
BNB Chain extends its Gas-Free Carnival, allowing free USDT, USDC, and FDUSD transfers until June 2025. The initiative supports stablecoin usage and accessibility.
BNB price is recovering from the $535 support zone. The price is now consolidating gains and might face hurdles near $588 and $600.
When traders invest their money in crypto, they are looking for assets that provide a good balance of reward and risk. For those who have a budget of only $1000, it is important to maximize the potential return.
Binance Coin's wild price swings reflect growing uncertainty as regulatory developments and global economic policies reshape crypto market sentiment.
KernelDAO, a Binance Labs-backed restaking ecosystem, has announced that its highly anticipated $KERNEL token will launch on April 14. With over $2 billion in total value locked (TVL) across its three flagship products, — Kernel, Kelp, and Gain — KernelDAO continues to expand BNB Chain's security layer and amplify the utility of $KERNEL across multiple
RedStone has expanded its support for Ethena Labs' stablecoins USDe and sUSDe to the BNB Chain, triggering a 14% price surge.
BNB Chain has partnered with global crypto exchange MEXC to bring faster listings and market support for its ecosystem projects. On April 9, MEXC announced on its blog that it has partnered with BNB Chain.
PancakeSwap's new Tokenomics v3 proposal promises “true ownership, simplified governance and sustainable growth.” Central to this shift is the deprecation of veCAKE replaced with direct emissions management and a max one-year lock, aimed at boosting capital efficiency and simplifying participation.
Risky assets remain volatile as trade war tension between the United States and China keeps investors on the edge. A minor positive is that Bitcoin (BTC) has avoided a sharp fall and is trading well above the crucial near-term support at $73,777.
This SOL, Fartcoin, and BNB price analysis assesses why these popular cryptocurrencies have crashed this year and the potential scenarios as the macroeconomic uncertainties continues. Solana price has already crashed from near $300 earlier this year to $100, while Binance Coin is down from $795 in December to $550 today.
Binance Coin (BNB) is showcasing a unique trend on the volatile crypto market today. In the last 24 hours, BNB has significantly recovered, suggesting that the sell-off trend in earlier trading sessions may be over if it continues on this path.
TL;DR Cakepie DAO rejected PancakeSwap's Tokenomics 3.0 proposal, which aims to eliminate veCAKE, staking, and revenue sharing. PancakeSwap plans to reduce daily emissions and shift the model toward deflation. Cakepie warns of a loss of decentralization.
Cakepie DAO strongly opposes PancakeSwap's Tokenomics Proposal 3.0, citing concerns over the retirement of veCAKE and potential governance manipulation, which could undermine long-term commitments and decentralization. The post Cakepie DAO Slams PancakeSwap's Tokenomics 3.0 Proposal, Warns of veCAKE Fallout appeared first on Cryptonews.
Strong on-chain metrics and rising bullish allocations - Is BNB gearing up for a breakout Q2?
PancakeSwap has unveiled its CAKE Tokenomics 3.0 proposal, fueling 12% uptick in the token's price. PancakeSwap (CAKE) has unveiled a new proposal, detailing its vision for CAKE Tokenomics 3.0.
BNB could trend higher this week if bullish sentiment survives.
BNB Coin has entered a significant corrective phase after forming a Swing Failure Pattern near its all-time high of $798. Since then, the asset has been trending lower, with no confirmed bottom in place.
Bitcoin (BTC) made a sharp comeback and is trading near the $78,000 level. The largest cryptocurrency by market capitalization tumbled below the psychological support of $80,000 after the US stock futures market opened sharply lower on April 6.
The week has begun with an ongoing market correction, according to CoinMarketCap.
As the bloodbath in stocks and crypto assets continues, the top layer 1 cryptocurrencies are coming down to critical support. Will this hold, or will the crash persist?