CZ commented on the cumulative destruction of 1.44 million BNB in the past three months: BNB is deflationary
Binance founder CZ reposted content on social media saying that in the past 3 months, 1,441,281 BNB have been burned, equivalent to burning 11.12 BNB per minute. CZ said, or about burning approximately $11,000 per minute, I had not even considered this issue from this perspective before. BNB is deflationary.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stellar News Today: XLM Battles at $0.2705—Major Players and Sellers Face Off at Crucial Resistance
- Stellar's XLM token saw volatile trading on Nov. 7, with price consolidating near $0.2702 after hitting key resistance at $0.2777 amid surging institutional volume. - Coordinated institutional buying of 2.5M and 1.5M tokens reversed bearish momentum, defending $0.2663 support while confirming $0.2777 resistance through 45.09M-token volume spikes. - Market remains divided as XLM struggles to break above $0.2815, with analysts warning renewed selling pressure could accelerate declines below $0.2709 amid mi
Microsoft's investment in AI encounters doubts from investors amid a week-long decline
- Microsoft shares fell for seven consecutive sessions, marking its longest losing streak since 2011, driven by AI spending skepticism and market rotation. - The selloff erased $350B in market cap despite strong Azure growth (40% YoY) and $77.77B Q1 revenue, highlighting investor focus on long-term AI ROI. - Analysts cite $34.9B AI capex, regulatory risks, and Australia refunds as challenges, contrasting with Apple's 0.9% gains amid reduced AI dependence. - Strategic moves like the $9.7B IREN AI deal and "
Zcash (ZEC) Price Rally: Could This Signal a New Era for Privacy Coins?
- Zcash (ZEC) surged 971.1% in 2025, reaching $409, driven by technical upgrades, regulatory shifts, and institutional adoption. - Privacy coins' market cap rose 80%, with Zcash and Dash hitting multi-year highs amid stricter global regulations. - Grayscale's $85M Zcash Trust and innovations like shielded transactions highlight privacy as a premium asset in crypto. - Regulatory challenges persist, but 73% of privacy coin users prioritize anonymity, with 24% of new wallets institutional. - Zcash's flexibili


