Quick Take In the original whitepaper, which has since been quietly modified, Binance claimed to buy back 20% of net profits in BNB and burn it Binance has so far burned 16.74 million BNB (an equivalent of $245.57M) in 10 burn events, which represents about 8.37% of…
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Today, the world's leading cryptocurrency exchange Binance conducted its 10th BNB burn which has been the second biggest burn in USD terms, at $38.8 million, and the 3rd highest burn in terms of BNB, at 2.2 million BNB. This 10th quarterly burn, Binance said represents the first…
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The whole cryptocurrency market has been somewhat volatile over the last several days. Bitcoin, for example, is almost invariably on the move. Friday, it went down to $7,666 on Bitstamp and yesterday surged to nearly $8,300. At the time of this writing, it has calmed to around…
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Venezuela could become ground zero in the push for widespread adoption of cryptocurrency. There are now over a thousand merchants accepting crypto payments in the South American country, according to the team behind the digital asset Dash. While the number accounts for fewer than 1% of all…
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A research experiment by Messari highlights how certain sub-niches of DeFi outperformed the rest by linking price appreciation to utility and usage.  Dollar Returns From Top Tokens The rise of DeFi was unmistakably a central theme in the cryptocurrency landscape of 2019. Assets locked in open finance…
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The Binance Coin (BNB) price recently broke out above a descending resistance line in place since November 14, 2019. A breakout above a long-term resistance line is often a sign that the price could begin an upward move. This was outlined by PoxyXBT, a well-known trader who…
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Online crypto hotel booking platform Travala recently announced a remarkable 33% growth in its revenue during the holiday season. At least half of the growth came during December, and Bitcoin became the most popular currency for payments. Bookings increase on Travala Travala received a steadily increasing number…
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2020 has started with the vigor and energy that characterized the whole of 2019. As the year starts, it is a perfect  opportunity to look back at what cryptos have been up to in the past year. The prices of many tokens changed considerably. Last year started…
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Bitcoin’s price went on yet another quick rollercoaster throughout the past 24 hours. It dropped down to about $6,850 yesterday, only to get back up above $7,300 today. Interestingly enough, the move comes following a US airstrike, which had the leader of Iran’s Quds Force’s leader killed.…
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Bitcoin Bitcoin’s price went on a rollercoaster over the past week but still remains trapped beneath the December resistance at $7,686. The cryptocurrency fell below $7,000 to find support at $6,885. However, after reaching this level, Bitcoin bounced higher as it now trades around $7,319. If the…
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