The Latest Developments Related to Binance: Binance Coin is Rising, BTC Inflow to the Stock Market is Increasing!

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Binance Coin (BNB) has become the only crypto currency that has experienced an increase in the last 24 hours among the crypto currencies that are in the top ten in terms of market volume. It is believed that this is due to the upcoming burning activity. In addition, there was a large amount of Bitcoin input to Binance yesterday, and after Binance, the crypto currency exchange Gate also took various steps for Chinese users.

The Rise of Binance Coin

At the time of publication of the article, it was trading at $ 316 Binance Coin (BNB) became the only crypto currency to record an increase in the last 24 hours in the top ten crypto currencies in terms of market capitalization. According to the information obtained, BNB has achieved an increase of 3.7% in the last 24 hours.

According to the statements made, both the crypto currency exchange Binance and the 4th crypto currency exchange are behind the increase in BNB. upcoming events as well as year events BNB there is a burning activity. The BNB burning that will take place is 16. there will be a burning activity, and the supply of BNB will decrease.

The previous BNB burn took place on April 15, and Binance CEO Changpeng Zhaoaccording to the statements of 16. July July decimation of BNB will take place from July 15 to July 18.

A Large Amount of Bitcoin Input

According to the data obtained yesterday Binance there has been a lot of BTC inflows to the stock exchange. According to the Wu Blockchain’s share, Binance received 14,550.78 units yesterday Bitcoin it has been transferred. It is stated that 4,518 and 409 of the transferred BTC entered the stock exchange in just 1. Thus, the amount of BTC that entered Binance in just one hour reached such high levels for the first time since May 20.

According to the statements made, this may be one of the factors behind Bitcoin’s decline. Because investors may have made panic sales thinking that sales pressure will increase after these entries.

After Binance, the Gate

According to the latest statements made after Binance Gate Exchange it has also canceled some SMS services for Chinese users as well. It is stated that the reason for this is that Chinese fraudsters often obtain personal information through text messages and use text messages that mimic exchanges.

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