News with the tag "$1 billion"

The BNB Foundation, responsible for the development of BNB Chain, has successfully completed its 29th quarterly token burn, valued at approximately $1.07 billion. This move is part of the foundation’s plan to reduce BNB’s total supply to 100 million tokens, a strategy aimed at creating a deflationar...

Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding essential services...

MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment.

Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion.

Tether’s recent activity in the cryptocurrency market is making waves as the Tether Treasury minted an impressive $1 billion worth of USDT on the Ethereum network. This strategic move, announced by Tether CTO Paolo Ardoino, is an “inventory replenish,” meaning the tokens are authorized but not yet i...

Bitcoin ETFs outflows have now exceeded $1 billion in the last ten days with zero inflows. The total outflows from Grayscale’s GBTC exceeded $18.4 billion since inception. BTC price flirts with $60,000. Bitcoin ETFs recorded $170 million outflows with BlackRock’s IBIT recording zero inflows on Monda...

The cryptocurrency market has experienced a recent price crash, with altcoins suffering the most and registering double-digit losses. Nevertheless, prominent … Continue reading The post Here’s why this crypto could go from $100M to a $1 billion market cap appeared first on Finbold .

Avalanche (AVAX) has seen nearly $1 billion worth of value vanishing from its market cap on February 21. This happened … Continue reading The post $1 billion wiped from AVAX in a day amid massive token unlock appeared first on Finbold .

CryptoQuant data reveals that Bitcoin holdings on Coinbase, the largest U.S. crypto exchange, have plummeted to 2017 levels as whales withdraw funds into self-custody. Whales’ actions coincide with a significant surge in buying, with over 100,000 BTC purchased in ten days, totaling $5 billion, as re...

Some low market-cap cryptocurrencies can present appealing risk-reward potential in the highly competitive and constantly shifting crypto landscape. In this … Continue reading The post 2 cryptocurrencies to reach $1 billion market cap in 2024 appeared first on Finbold .