BNB Foundation completes 33rd quarterly burn, destroying $1.6B in BNB

Crypto BriefingMonday, October 27, 2025 at 3:14:57 PM
BNB Foundation completes 33rd quarterly burn, destroying $1.6B in BNB
The BNB Foundation has successfully completed its 33rd quarterly burn, eliminating $1.6 billion worth of BNB tokens. This move not only enhances the scarcity of the token but also has the potential to boost its value and investor confidence. By reinforcing the deflationary model, the burn is significant for the cryptocurrency market, indicating a commitment to maintaining the token's value and attracting more investors.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
BNB price rebounds at $1,133 as BNB Chain executes 33rd token burn event
PositiveCryptocurrency
The price of BNB has shown a positive rebound at $1,133 following the successful execution of its 33rd quarterly token burn event. This development is significant as it not only reinforces bullish momentum but also indicates a strong support level for BNB, potentially paving the way for further price increases. Investors are optimistic about the future of BNB as the token burn reduces supply, which historically has led to price appreciation.
MetaMask rumored to have registered domain for claiming tokens as airdrop chatter rises
PositiveCryptocurrency
MetaMask is reportedly gearing up for a potential token distribution, which could significantly boost user engagement and strengthen its position in the rapidly evolving crypto financial landscape. This move comes amid rising discussions about airdrops, highlighting the growing interest in token claims and the importance of community involvement in the crypto space.
MegaETH ICO oversubscribed within 5 minutes, raising $50M at $1B valuation
PositiveCryptocurrency
The MegaETH ICO has made headlines by raising an impressive $50 million in just five minutes, reflecting a strong investor interest in innovative blockchain solutions. This rapid oversubscription not only highlights the growing confidence in the cryptocurrency market but also sets a significant benchmark for future ICOs. As more investors flock to such projects, it signals a vibrant and evolving landscape in the blockchain sector.
BitMine’s Ethereum holdings increase by 77,055 tokens in one week
PositiveCryptocurrency
BitMine's recent acquisition of 77,055 Ethereum tokens in just one week signals a growing confidence among institutional investors in the cryptocurrency market. This surge in holdings could lead to a supply shock, which might accelerate the adoption of blockchain technology. As more institutions show interest, it highlights the potential for Ethereum's value to rise, making this development significant for both investors and the broader crypto landscape.
BNB Jumps Over 3% After $1.69B Token Burn, Overtakes XRP's Market Cap
PositiveCryptocurrency
BNB has seen a significant surge of over 3% following a massive token burn worth $1.69 billion, allowing it to surpass XRP's market capitalization. This development is crucial as it highlights the growing confidence in BNB and the broader cryptocurrency market, indicating a potential shift in investor sentiment and market dynamics.
Whale deposits $3.72M USDC into Hyperliquid, opens $27.7M BTC long
PositiveCryptocurrency
A significant whale has deposited $3.72 million USDC into the decentralized trading platform Hyperliquid and opened a $27.7 million long position in Bitcoin. This surge in whale activity indicates a growing interest in decentralized platforms for high-leverage crypto trading, which could shift market dynamics and attract more traders to these innovative platforms.
Strategy acquires 390 Bitcoin valued at $43M
PositiveCryptocurrency
Strategy's recent acquisition of 390 Bitcoin, valued at $43 million, could significantly impact how corporations manage their treasury assets. This move highlights the growing acceptance of Bitcoin as a vital asset during times of economic uncertainty, potentially encouraging other companies to consider similar investments.
Eric Trump’s American Bitcoin acquires 1,414 BTC
PositiveCryptocurrency
Eric Trump's American Bitcoin has made a significant move by acquiring 1,414 BTC, highlighting the increasing institutional interest in Bitcoin as a strategic asset. This acquisition is important as it could pave the way for broader market adoption of cryptocurrencies, signaling a shift in how traditional investors view digital currencies.
Latest from Cryptocurrency
BNB price rebounds at $1,133 as BNB Chain executes 33rd token burn event
PositiveCryptocurrency
The price of BNB has shown a positive rebound at $1,133 following the successful execution of its 33rd quarterly token burn event. This development is significant as it not only reinforces bullish momentum but also indicates a strong support level for BNB, potentially paving the way for further price increases. Investors are optimistic about the future of BNB as the token burn reduces supply, which historically has led to price appreciation.
What XRP promised, this new token delivers: A deep dive into XRP 2.0
PositiveCryptocurrency
XRP may be losing momentum, but Digitap is stepping in as the promising 'XRP 2.0,' aiming to revolutionize the global payments market. With a focus on faster growth and broader access, this new token is capturing attention and could reshape how we think about digital transactions. It's an exciting development for those interested in the future of cryptocurrency.
White House GameStop Tweet Causes WLFI Frenzy as Volume Spikes to $222M: Maxi Doge to Soar Next?
PositiveCryptocurrency
A recent tweet from the White House featuring Donald Trump as Halo's Master Chief has sparked a frenzy among GameStop traders, driving trading volume to an impressive $222 million. This unexpected social media post has ignited speculation about potential connections between Trump's circle and popular retail stocks, particularly GameStop. Additionally, the involvement of Binance founder CZ in a presidential pardon has reestablished a significant link between Trump-aligned World Liberty Financial and the global market. This news is crucial as it highlights the growing intersection of politics and retail trading, potentially influencing market dynamics.
A Bitcoin miner beat one-in-ten-million odds — but is solo mining still worth it in 2025?
PositiveCryptocurrency
A solo Bitcoin miner recently achieved an incredible feat by beating one-in-ten-million odds to discover a block valued at $347,000. This remarkable win has sparked discussions in the r/Bitcoin community about the viability of solo mining in 2025. While the odds are daunting, this success story highlights the potential rewards and risks associated with solo mining, making it a topic of interest for both seasoned miners and newcomers alike.
Citi Goes Crypto: Bank Teams Up With Coinbase to Pilot Stablecoin Transfers
PositiveCryptocurrency
Citi has announced a partnership with Coinbase to pilot stablecoin transfers, marking a significant step into the cryptocurrency space for the traditional banking giant. This collaboration is important as it showcases how established financial institutions are beginning to embrace digital currencies, potentially leading to more widespread adoption and innovation in the financial sector.
Polkadot integrates with Unity Nodes to decentralize telecom verification
PositiveCryptocurrency
Polkadot's integration with Unity Nodes marks a significant step towards decentralizing telecom verification in the massive $2 trillion industry. This collaboration not only enhances the functionality of Polkadot's DOT token but also aims to improve transparency and security in telecom operations. As the demand for decentralized solutions grows, this partnership could set a precedent for future innovations in the sector.