BNB Chain has launched a $45 million “reload airdrop” aimed at compensating users who suffered losses trading memecoins during Friday’s market crash. The initiative will distribute BNB (BNB) tokens to more than 160,000 eligible addresses, the network said Monday. Aidrops will begin this week and be completed by early November. BNB Chain is a blockchain network developed by Binance that is now maintained by a decentralized community. It powers the ecosystem’s native BNB token and supports applications across DeFi, gaming and digital assets. According to Binance’s founder and former CEO…
Tag: Record
BNB Hits Record High As Traders Blame Binance For Crypto Market Crash
Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend. The BNB (BNB) token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding strongly after a weekend crash that triggered the forced liquidations across exchanges. The rally came despite heavy criticism from Binance users who blamed the exchange for contributing to the market chaos after technical glitches left traders unable to exit positions. BNB/USD, seven-day chart.…
Three Bitcoin Price Charts to Watch After Record $5.39B BTC Liquidation
Key takeaways: Bitcoin’s broader uptrend and on-chain data suggest the market remains in an expansion phase. Strong dip-buying by “sharks,” and key trendline support point to another BTC rebound. Bitcoin (BTC) attempted to recover a day after traders witnessed the biggest single-day wipeout on record, with over $5.39 billion in leveraged positions liquidated in 24 hours, which is twice as large as the “COVID-19 crash” in 2020. BTC total liquidations chart. Source: DefiLlama As of Saturday, BTC’s price had rebounded by 8.50% after dropping to its local low at around…
$11B Bitcoin Whale Returns, DeFi Hits $237B Record: Finance Redefined
Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs. Also in the news this week was the $11 billion Bitcoin (BTC) whale who returned after a two-month hiatus to transfer another $360 million in BTC, signaling a potential rotation into the world’s second-largest cryptocurrency, with an additional $5 billion left in their wallet. In another potential Uptober catalyst, the US Securities and Exchange Commission (SEC) received 31 crypto exchange-traded fund (ETF) applications, with 21…
Spot silver reaches record high of $51 per ounce
Key Takeaways Spot silver hit an all-time high of $51 per ounce, highlighting its strength as both an industrial and investment asset. Silver is outperforming traditional safe-havens like gold and modern alternatives like cryptocurrencies in 2025. Share this article Spot silver reached a record high of $51 per ounce today, marking a significant milestone for the precious metal that serves as both an industrial input for green energy technologies and a safe-haven asset amid economic uncertainties. Silver is outperforming other assets like gold and crypto assets in 2025, fueled by…
DeFi TVL Hits Record $237B As DApp Wallets Drop 22% In Q3
The decentralized application (DApp) industry ended the third quarter of 2025 with mixed results, as decentralized finance (DeFi) liquidity surged to a record high while user activity fell sharply, according to new data from DappRadar. In a report sent to Cointelegraph, DappRadar said that daily unique active wallets averaged 18.7 million in Q3, down 22.4% compared to the second quarter. Meanwhile, DeFi protocols collectively locked in $237 billion, the highest total value locked (TVL) ever recorded in the space. The report highlights an ongoing divergence between institutional capital flowing into…
Ethereum Exit Queue Hits $10B Record: Selling Pressure Concerns?
Ethereum recorded its largest validator exit on record this week, with more than 2.4 million Ether worth over $10 billion awaiting withdrawal from its proof-of-stake network, but institutional participants are replacing much of that in the validator entry queue. Ethereum’s exit queue surpassed 2.4 million Ether (ETH) worth over $10 billion on Wednesday. The spike in exits extended the validator queue time to more than 41 days and 21 hours, according to blockchain data from ValidatorQueue.com. Validators are responsible for adding new blocks and verifying transactions on the Ethereum network,…
BTC Leads Global Crypto Markets With Record ETP inflows
Key takeaways: Bitcoin reached a new all-time high of $126,200, backed by a record $5.67 billion ETP inflows. Fiscal and geopolitical uncertainty have revived the “debasement trade” narrative. Institutional inflows dominate while retail participation continues to decline. Bitcoin (BTC) stormed to a new all-time high of $126,200 on Monday, following one of the strongest weeks on record for digital assets as global crypto exchange-traded products (ETPs) logged $5.67 billion in net inflows, the largest ever weekly haul. The surge reflected the return of investor conviction, fuelled by renewed faith in…
Bitcoin ETFs See $1.18B Inflows As BTC Hits Record High
Spot Bitcoin exchange-traded funds in the United States clocked their second-biggest day of inflows in history as Bitcoin notched a new record high on Monday. The 11 US-based spot Bitcoin ETFs saw a cumulative $1.18 billion in inflows on the day, second only to Nov. 7, 2024, when the ETFs raked in $1.37 billion after Donald Trump won the election to become the next President of the United States. The bumper day for the ETFs, which coincided with Bitcoin’s new all-time high of over $126,000, brings October’s total inflow to…
Gold Nears $4,000 Record High, Bitcoin Rally Expected To Follow
Gold prices have come within a few dollars of a milestone all-time high of $4,000 as investors escape to safe-haven assets — a trend that also looks bullish for Bitcoin. Prices for futures for gold tapped $4,000 per ounce for the first time early on Tuesday morning, while spot prices reached an all-time high of $3,976, according to TradingView. “Gold is at a new record high,” observed goldbug and Bitcoin critic Peter Schiff on Tuesday. “This is a clear warning that current Fed policy is wrong,” he added as he…