Binance Square
LIVE
LIVE
BEESYST
--428 views
🪙 Crypto News (Apr 25, 2024): 1️⃣ BNB Chain: On April 24, 2024, #Binance conducted its 27th quarterly coin burn, removing 1,944,453 BNB from circulation, totaling $1.17 billion. 🔥 2️⃣ jack: Block, formerly known as Square, announced plans for a new mining system. It has completed the development of its own 3nm chip for Bitcoin mining. 💰 3️⃣ LayerZero Labs: #LayerZero Labs, focusing on developing the L0 cross-chain compatibility protocol, announced the TGE. The team announced token distribution in the first half of 2024. 🚀 4️⃣ Wazz: On the morning of April 24, 2024, the LRT token of the Renzo protocol—ezETH—lost its peg to #Ethereum (ETH). At one point, its ratio to the underlying asset dropped to 1 to 0.5. 📉 5️⃣ BNB Chain: The #BNB Chain team announced the launch of the next phase of the DAU Incentive Program. The prize pool reaches $200,000. 💸 😊 Enjoying the updates? Feel free to subscribe for more or drop a like!

🪙 Crypto News (Apr 25, 2024):

1️⃣ BNB Chain: On April 24, 2024, #Binance conducted its 27th quarterly coin burn, removing 1,944,453 BNB from circulation, totaling $1.17 billion. 🔥

2️⃣ jack: Block, formerly known as Square, announced plans for a new mining system. It has completed the development of its own 3nm chip for Bitcoin mining. 💰

3️⃣ LayerZero Labs: #LayerZero Labs, focusing on developing the L0 cross-chain compatibility protocol, announced the TGE. The team announced token distribution in the first half of 2024. 🚀

4️⃣ Wazz: On the morning of April 24, 2024, the LRT token of the Renzo protocol—ezETH—lost its peg to #Ethereum (ETH). At one point, its ratio to the underlying asset dropped to 1 to 0.5. 📉

5️⃣ BNB Chain: The #BNB Chain team announced the launch of the next phase of the DAU Incentive Program. The prize pool reaches $200,000. 💸

😊 Enjoying the updates? Feel free to subscribe for more or drop a like!

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@beesyst

Explore More From Creator

--
📈 Prediction (TON and BCH): 💪 TON/USDT - After several weeks of price decline, #TON holders seem to be preparing for potential growth, as indicated by current patterns in their behavior. On-chain metric Mean coin age determines the level of trading sentiment among long-term investors by calculating the average number of days coins in circulation have spent at current addresses. An increase in this indicator suggests that investors prefer to hodl the asset. Conversely, a decrease in the metric indicates that investors are moving their assets, which is considered a sign of low confidence, as has been happening with the altcoin in the last couple of days. However, the metric is now rising, reflecting strengthened bullish sentiment. Forecast: The price has been moving downward within a descending channel over the past few days. Looking at the changing investor sentiment, one can speculate that TON may break out of this channel. A potential breakout above its upper boundary would signify a rally of almost 18%. This would mean that breaking the resistance line at $7.0 could send the altcoin towards a target of $7.8. However, if #Toncoin fails to breach the barrier at $5.9, the price may fall to the support level of $5.4. Losing this line could nullify the bullish scenario and lead to further decline to $5.2. 📊 BCH/USDT - To sustain its upward momentum, Bitcoin Cash must consolidate above the resistance at $513, which coincides with the 23.6% Fibonacci retracement from $709 to $452. If this occurs, the altcoin may attempt to break the 38.2% Fibonacci line at $550. However, a failed breakout attempt could lead to breaking the support at $501 and a potential retest of $452, rendering the bullish thesis invalid. 👍Would you mind sharing your analysis with others?
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs