Bitcoin Cash Burning $12 Per Day While ‘Struggling to Remain Relevant’

Adam James · April 24, 2018 · 5:15 am In what one senior analyst calls a struggle “to remain relevant,” Bitcoin Cash (BCH) has been burning $12 worth of its own supply every day — hoping the increased scarcity will help in its fight against its dominant competitor, Bitcoin (BTC). ‘Purely a PR game’ Bitcoin […]

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Binance Burns $30 Million in BNB Tokens, Price Drops

Adam James · April 15, 2018 · 7:30 pm Last night, Bitcoinist reported that Binance, one of the most popular cryptocurrency exchanges in the world, would likely be executing its unspecified quarterly coin burn sometime today — which is exactly what happened. Burn Victims Earlier today, the Binance team announced the results of its Q2 […]

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