emergencyBreaking NewsThe CLARITY Act seeks to end the regulatory overlap between the CFTC and SECBerkshire Hathaway's WaveCare Plan Offers Highest Medical Coverage for Caribbean CruisersWall Street Banks Race to Capture Bitcoin Management FeesA 30-Year Fixed Mortgage Rate Drop to 6.42% Shifts Buyer Negotiating PowerNew York City's $30 Million Public Grocery Store Will Subsidize Staples to Compete with Local GrocersThe CLARITY Act seeks to end the regulatory overlap between the CFTC and SECBerkshire Hathaway's WaveCare Plan Offers Highest Medical Coverage for Caribbean CruisersWall Street Banks Race to Capture Bitcoin Management FeesA 30-Year Fixed Mortgage Rate Drop to 6.42% Shifts Buyer Negotiating PowerNew York City's $30 Million Public Grocery Store Will Subsidize Staples to Compete with Local Grocers

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Home/Briefs/cryptocurrency

BriefApril 17, 2026 · 07:33 PM

Binance's $1.02 Billion Token Burn Pushes BNB to Two-Week High

BNB's price rebounded by nearly 2% on April 16, briefly breaking $625. This price movement reached a new high since March 27. The rebound followed the BNB Foundation's 35th quarterly burn, which destroyed 1.569 million BNB. The value of the destroyed tokens was approximately $1.02 billion. This action reduced the total supply of BNB to 134.79 million tokens, moving the supply closer to the final burn target of 100 million.

Maeve Harmon

cryptocurrencytokenomicsasset supply

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