Binance Foundation Completes 33rd Quarterly Burn of $BNB
Key Data & Insights - The burn removed 1,441,281 BNB from circulation, valued at approximately US$1.208 billion at the time of the burn. - After the burn, the remaining total supply of BNB stands at 137,738,379 BNB, moving toward the long-term target of 100 million BNB. - In addition to the scheduled quarterly burn, a real-time burn mechanism treats $BNB as the network’s native token and burns fees collected per block - Since the introduction of the BEP95 standard, around 276,000 BNB have been burned via this real-time mechanism.
- Grayscale Investments has listed the Grayscale Zcash Trust under ticker $ZCSH, enabling U.S. investors to gain exposure to $ZEC via brokerage accounts — without directly buying or storing ZEC. - The trust is positioned as the only publicly listed U.S. vehicle offering sole exposure to ZEC. - Each share of ZCSH is designed to track the ZEC market price less fees and expenses; the fund warns shares may trade at significant premiums or discounts relative to the underlying asset value.
Why Does It Matter? - The listing lowers the entry barrier for investors seeking ZEC exposure via traditional financial infrastructure rather than self-custody. - Given Zcash’s privacy focus, this product signals growing institutional interest in “privacy-coin” assets. #altseason with #privacy coins? Yes. $ROSE $FIRO
- US September CPI climbed just 3.0% annually—lower than the expected 3.1% forecast. - Core inflation (excluding food, energy) slowed to a 0.2% monthly increase, marking the mildest uptick in three months. - Key prices rose less than anticipated, with commodities up 0.5% and food up 0.2%.
Rate Cut Frenzy: Fed’s Next Bet
- The Federal Reserve is set for a 25-bps rate cut at its October 28–29 meeting, driven by subdued inflation and a weakening labor market. - With September’s mild CPI, markets now give a 90%+ chance of another cut in December. Lower rates may reduce yields for savings accounts and CDs, but could stimulate hiring and lending in the face of labor market concerns.
Shutdown Shock: Last CPI Before the Blackout
- Government shutdown delayed CPI release; future inflation reports could be missing. - Investors are acting fast since this CPI may be the final economic indicator available before December’s Fed decision.
Stay alert: these CPI and Fed shifts are turbocharging market moves this quarter.
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Overview
- Binance Square has upgraded its “Write to Earn” campaign starting October 27, 2025. - Eligible creators can now earn up to 50% trading fee commissions when readers trade directly after interacting with their content (e.g., clicking coin cashtags, widgets). - The promotion rewards creators for qualified content that drives trading activity on Binance.
Eligibility & How to Participate
- Set up a Binance Square profile (avatar, nickname) and pass account verification. - Register for the promotion via the “Register Now” button (previous campaign participants are auto-enrolled). Link: https://www.binance.com/en/square/WritetoEarn - Publish qualified content: short posts, articles, videos, polls, audio Lives, or chats. - Content deleted during weekly settlement is ineligible for rewards. - Content associated with CreatorPad is excluded.
Earning Commissions
- Eligible content must prompt user trades in Spot, Margin, Futures (excluding copy trading), or Convert (instant orders only). - Basic commission: 20% (one-time per trade). - Bonus commission: Top 100 weekly performers qualify for up to an extra 30%, reaching a 50% total. - Commissions are paid in $USDC , distributed weekly (Thursday 23:59 UTC) if total >0.1 USDC. - Convert trading fees are estimated at 0.1% volume since Convert itself has zero fees.
Important Rules
- No commissions from your own trades, referral sign-ups, API trades, market makers, stablecoin-to-stablecoin, or trading fee-exempt pairs. - The campaign runs on a weekly cycle: Monday 00:00 (UTC) – Sunday 23:59 (UTC). - Rewards below 0.1 USDC in a week do not carry over; they reset. - Violations (fraud, wash trading, self-dealing, etc.) disqualify participants.
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BNB Technical Analysis: $BNB is ready to surge higher
👉 $BNB is currently trading at $1117. 👉 The market bias is distinctly Neutral. 👉 Key immediate support is at $1061.45. 👉 Key immediate resistance is at $1165.74, followed by $1578. For Buyers: A sustained hold above $1061.45 could lead to a retest of $1165.74. A move above $1165.74 is required to shift the short-term momentum. For Risk Control: Use tighter stops or reduce position size if price breaks below $1061.45.
MOVING AVERAGES 👉 EMA50 is at $1061.45, acting as immediate support. 👉 EMA100 is at $964.30, providing critical support level. 👉 No recent moving average crossover signals have occurred.
BOLLINGER BANDS 👉 Price is currently positioned between lower band $ and upper band $, with the close in the lower half indicating a negative tilt.
FIBONACCI LEVELS 👉 Key Fibonacci retracement at $882 limits downside, with extension at $1578 marking potential upside target.
MOMENTUM (SRSI/MACD) 👉 Stochastic RSI K is at 27.8, indicating oversold conditions with potential for rebound. 👉 MACD is above zero, maintaining a bullish momentum regime, though it is currently below its Signal line, indicating a bearish alignment.
$160,000,000 worth of crypto shorts liquidated in the past 30 minutes. Significant liquidation of crypto shorts indicates high volatility and potential for upward price pressure as short positions are forcibly closed.
For the first time since the October 10th flush, spot and futures CVD have flattened, indicating that aggressive selling pressure has subsided over the last several days This suggests a potential stabilization or decrease in downside risk for the market.
$PUMP comeback continues Despite a -4% dip in 24h, it’s up ~70% in 7d & +130% in 1M. Momentum is building across price, liquidity, and user adoption.
1. On-chain analytics (Lookonchain): 13B PUMP (~$74.2M) sent to Kraken. 👉 Could boost CEX liquidity, but watch for sell pressure if whales exit.
2. Fun app hit an all-time high DAUs on Sept 11, up +110% MoM. 📈 User traction and liquidity expansion = strong adoption signals for $PUMP , even as volatility stays high. #pumpfun
Catalysts in play: - China push: Licensing deal with Suplay Inc. (top collectibles firm) for trading cards & blind boxes → access to a $30B merchandise market. - Gaming angle: Pudgy Party mobile game (w/ Mythical Games) launching this month, expanding token utility. - On-chain flows: Whales added ~1B PENGU (~$37M) last week, OI up 25%. - Sentiment: Altcoin Season Index at 66/100 (+27% weekly), showing risk-on appetite. - ETF delay: SEC pushed decision on the hybrid PENGU/NFT ETF to Oct 12, tempering near-term institutional flows. - Big picture → Institutions & whales positioning early for brand expansion + gaming adoption, while retail sentiment heats up.
📈Broad strength across the crypto market today: Market turns green across majors: - $BTC above $115K - $ETH surpasses $4.5K - $SOL trades past $238 - #bnb reaches a new ATH above $900 - $XRP and $DOGE post notable gains
Altcoins are tracking BTC’s breakout, with liquidity rotating across majors, a sign of strengthening market breadth.#MarketRebound
📈$MNT is +18% in 24h, +46% in 7d, now testing its $1.50 ATH zone.
Drivers: - Coinbase Intl. listed MNT perps (Aug 21), adding liquidity beyond Bybit (~37% vol share). - Bybit expansion: new pairs, HOLD & Earn promos, OTC access. - Trading volume jumped +60–75% WoW (OneSafe). - ATH last touched in Apr ’24 (~$1.51).
Analysis: - Broke above 50 & 200-day EMAs → technical momentum confirmed. - $1.50 = critical resistance; flip it, and $2 becomes the next target. - Watch OI trends; fading OI post-perp listings often signal profit-taking. #Mantle