Bitcoin stabilizes around $64,598 as the overall cryptocurrency market capitalization remains steady at $2.22 trillion.
BNB Chain has successfully completed its 36th token burn, eliminating over 1.6 million BNB, equivalent to approximately $932 million, in an ongoing effort to reduce the total supply from 133 million to 100 million tokens.
Other cryptocurrencies have also experienced notable movements: Ethereum has moved up 2.22% to about $1,919, putting it nearly 11% higher for the week. XRP holds steady at $1.11, while Solana trades at $76.87. The Fear & Greed Index has improved to 36, indicating continued caution among investors.
In the space of trending searches, Bull Cat has surged by over 15% to approximately $0.0007573, while Cash Cat faced a sharp decline of 34.9%, settling at $0.09441.
On another front, trading has been suspended on Ostium following a suspected exploit that drained between $18 million and $24 million. This incident highlights ongoing vulnerabilities in decentralized finance (DeFi) protocols.
Alongside these developments, BlackRock has reported a decline in its digital asset AUM to $48.8 billion, a 39% drop year-over-year, despite a significant net inflow of $15.1 billion. The company confirmed it is aiming for a $500 million annual revenue from crypto by 2030.
This content is for informational purposes only and is not financial advice.
