List of Flash News about BNB price action
Time | Details |
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2025-06-01 10:29 |
BNB Quarterly Burn Mechanism: $40 Billion in Tokens Destroyed Since 2017 Boosts Market Value
According to Cas Abbé, BNB initiated its quarterly token burn mechanism in Q4 2017 and has consistently destroyed tokens every quarter since then, with a total of 61.11 million BNB tokens worth $40 billion already burned (Source: Cas Abbé, Twitter, June 1, 2025). This deflationary strategy reduces circulating supply, which can positively influence BNB price action and overall market value, making it a key factor for traders to watch when analyzing BNB’s performance and potential impact on the broader crypto market. |
2025-05-20 02:29 |
BNB Chain Daily Transactions Near $10M and Stablecoin Supply Exceeds $10B: Key Trading Signals for Crypto Investors
According to @cas_abbe, BNB Chain has reached nearly $10 million in daily transactions, with daily active addresses close to 1.5 million and decentralized exchange (DEX) volume surpassing $4.5 billion. The stablecoin supply on BNB Chain has exceeded the $10 billion mark, indicating significant on-chain liquidity and dominance in the DeFi ecosystem. For traders, these metrics suggest heightened network activity and robust capital inflows, supporting strong price action and increased volatility potential for BNB and related tokens. Source: @cas_abbe on Twitter, May 20, 2025. |
2025-05-14 14:31 |
Amber International (AMBR) Partners with HashGlobal to Launch $100M BNB Fund, Boosting Institutional Investment in BNB Chain Crypto Ecosystem
According to Amber Group (@ambergroup_io), Amber International (Nasdaq: AMBR) has announced a strategic partnership with HashGlobal to launch the BNB Fund, leveraging part of AMBR’s US$100 million crypto ecosystem reserve. This initiative specifically targets the BNB Chain and is designed to accelerate institutional participation within this blockchain ecosystem. Traders should note that this move signals increasing institutional confidence and capital inflow into BNB Chain projects, potentially driving higher liquidity and price action for BNB and related assets. This partnership underscores a growing trend of traditional financial players engaging deeper with crypto infrastructure, as cited by Amber Group on Twitter. |