BNB Chain's tokenized real-world asset (RWA) value surged 60% quarterly to reach $3.6 billion, driven mainly by tokenized treasuries from Circle, BlackRock, and Ondo. Despite this growth, the network's on-chain revenue fell to $43.4 million in Q1 2025, down from $111.5 million in Q4 2025, largely due to a collapse in memecoin trading activity. User activity remains strong with a record 2.7 million daily active addresses and a 70% retention rate, but BNB's token price dropped 35% in Q1, signaling potential further downside amid weak market sentiment. This contrast highlights that RWA expansion has yet to boost immediate revenue or price strength for BNB Chain.
Ethereum's price plunged 10% on June 5, leading a broad altcoin sell-off that pushed total altcoin market capitalization below $880 billion. Zcash fell over 40% after an AI-discovered security flaw in its Orchard shielded pool was revealed, causing p...
Binance recorded a net inflow of $47.3 million in USDT within one hour, indicating a significant movement of stablecoin capital into the exchange. This inflow suggests traders may be positioning to buy cryptocurrencies like Bitcoin or Ethereum, altho...
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
Bitcoin briefly fell to $59,825, its lowest since October 2024, following stronger-than-expected US labor market data. The robust job growth and steady unemployment rate boosted the US dollar, causing a selloff in cryptocurrencies and other risk asse...
Over $615 million in long liquidations, mainly in Bitcoin and Ethereum, caused a rapid crypto market sell-off within four hours, signaling a shift from bullish to cautious trading. Bitcoin fell 3.35% to $61,844, Ethereum dropped 7.46% to $1,654, and ...
