Binance has completed its 37th quarterly burn, permanently removing 1.64 million BNB tokens worth about $1.2 billion to reduce supply and increase scarcity. Simultaneously, Binance introduced Binance AI Pro, a new AI-powered trading tool that allows users to create and test investment strategies using natural language without coding. This dual move aims to enhance BNB's value through scarcity while democratizing advanced trading technology for retail and institutional investors. The ongoing token burn targets a total supply reduction to 100 million BNB, reinforcing deflationary pressure on the asset.
As of Oct 20, 2026 02:22 WIB, BNB trades at Rp13.081.781 on Pluang, showing a 1-day gain of 2.71%. The market cap stands at Rp1.722,23 trillion with a 24-hour trading volume of Rp24,82 trillion. This price movement coincides with Binance's recent $1.2 billion token burn, which aims to reduce supply and increase scarcity, potentially influencing BNB's value.
The total cryptocurrency market capitalization fell by 3.05% to $2.75 trillion as of October 19, despite six major cryptocurrencies posting gains. Bitcoin rose 0.75% to $82,600, holding 60.2% of the market share, while Ether increased 0.27% to $2,424...
Mastercard is expanding its crypto team and infrastructure with a clear focus on stablecoins and blockchain payments rather than Bitcoin. The company has added leadership roles, launched a global Crypto Partner Program with over 85 firms including Bi...
Circle disclosed that in the first half of 2026, it generated $1.4 billion from USDC stablecoin revenue, with 59% paid to distribution partners like wallets and exchanges, and 34% reinvested into network infrastructure such as compliance and liquidit...
BNB reached a 24-hour high of $728.53 but needs an hourly closing price above $727.53 to confirm a short-term breakout. Currently trading at $725.31, BNB sits below its 20-day and 50-day moving averages but above its 200-day average, signaling mixed ...
XRP exchange reserves have climbed to 11.81 billion tokens, the highest level in a year, signaling increased short-term selling risk. This rise coincided with a leverage reset on Binance that reduced speculative long positions and eased derivatives m...
