Binance will shut down its Bitcoin mining pool on November 10, citing a significant drop in its hashrate from 26 EH/s in December 2025 to 9.2 EH/s in October 2026, reducing its share of the Bitcoin network to under 1%. This decline reflects broader challenges in the Bitcoin mining sector, including the halving event that cut block rewards in half and rising competition from major miners like Foundry USA and AntPool. Additionally, some miners are diversifying into AI and high-performance computing. Despite the pool's closure, Binance is not exiting Bitcoin mining entirely. The move highlights ongoing shifts in the mining landscape amid fluctuating Bitcoin prices and miner outflows.
Binance Coin (BNB) holds a market cap of Rp1.634,52 trillion on Pluang as of November 10, 2026, 00:22 WIB, with a 24-hour trading volume of Rp30,44 trillion. Despite Binance's decision to shut down its Bitcoin mining pool, BNB's price stands at Rp12.421.370, down 1.33% in the last day. The platform shows a balanced order activity with 45% selling and 55% buying, and typical hold time is around 90 days, indicating steady investor engagement amid the mining sector shifts.
On November 8, an unnamed address transferred 2,000 Ether (ETH) out of Binance, valued at approximately $4.48 million based on the ETH price of $2,240.80. This move represents the largest Ether position build by value for this address in the past thr...
XRP deposits on Binance accounted for 59.5% of transactions over seven days ending Nov. 8, marking the highest deposit share since October 2024 and reversing the previous trend where withdrawals led. Withdrawals made up 40.4% of transactions, leaving...
BNB Chain recorded 4.86 million active addresses in a single day, more than doubling Solana's 1.97 million and surpassing Ethereum's 535,100, according to DeFiLlama data from November 9, 2026. This highlights BNB Chain's strong position in blockchain...
A newly created wallet withdrew a total of 7.5 million USDC from Binance to a self-custody address, following a previous withdrawal of the same amount two days earlier. The combined withdrawals sum up to approximately $15 million. This movement indic...
On November 9, 2026, 50 tokens including Pi Network and Flare set new all-time lows, while 5 tokens like Ritual and Wintermute USDC Select reached new all-time highs. Despite some tokens hitting highs, many remain significantly below their peaks, wit...
