2022-1-23 19:00 |
When considering price volatility in digital marketplaces, buyback-and-burn strategies in crypto offer long-term price stability and token value growth. origin »
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The Binance Coin (BNB) price has surged 8. 2% today, outpacing both its weekly and monthly trends, to trade at around $897. 78 at press time. BNB’s surge comes as Binance crypto exchange reshapes its executive structure, naming Yi He, the exchange’s co-founder, as Co-CEO alongside Richard Teng.
The BNB Foundation has supercharged Binance Coin’s rebound amid broader market rallies. The foundation has announced the successful completion of the 33rd quarterly asset burn, removing assets worth billions out of circulation.
The cryptocurrency market has recovered from its early slump this week and looks set to end the week bullish. Bitcoin is trading above $111k while altcoins are currently in the green. Binance’s BNB token is the second-best performer among the top 10 cryptocurrencies by market cap, and could rally higher thanks to the positive news […]
The cryptocurrency market’s price action has been choppy since the start of the week. Bitcoin, the leading crypto by market cap, has been trading between $115k and $110k over the last few days, with altcoins also experiencing similar price actions.
Cryptocurrencies have entered Japan’s cashless revolution. Binance Japan, the local branch of the leading cryptocurrency exchange, has signed a capital and business agreement with the popular payment application PayPay.
YZi Labs, the investment and incubation arm of Binance, formerly known as Binance Labs, has unveiled a $1 billion Builder Fund aimed at accelerating innovation across the BNB Ecosystem, with a special focus on BNB Chain.
Validators on BNB Chain are evaluating a new proposal to lower transaction fees and enhance block production. They plan to reduce gas charges by half, from the current 0. 1 Gwei to 0. 05 Gwei, and accelerate block intervals to 450 milliseconds from 750 milliseconds.