NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

China’s Interest Cut Boosts Bitcoin While Bitnance Sells 51,000 Tokens

NewsBTC
NewsBTC
11 months ago
3 mins read
Bitnance (BTN) Token Presale Surges Forward As Investors Seek Store of Value on Binance Chain

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The world’s largest cryptocurrency by market capitalization—Bitcoin—is seeing a much-appreciated relief in its price action this week. Meanwhile, a new crypto project designed to also function as a store of value on the Binance Chain is gaining rapid traction during its presale phase.

Boasting a 2.7% increase over the past seven days, BTC investors are now awaiting the upcoming FOMC meeting, anticipating even higher profits. One event that could explain this optimism after going through shaky times was the unexpected decrease in interest rates from the Chinese Government.

On July 25th, the People’s Bank of China (PBOC) announced an unexpected cut to its benchmark lending rates. Investors worldwide see this as a promising economic paradigm, and it could have a reflection on the upcoming FOMC meeting happening later this month.

Another economic data that supports a potential pivot for BTC is the fact that Blackrock BTC ETF has recently surpassed the Nasdaq-tracking ETF QQQ, in year-to-date flows.

As a result, the market-leading cryptocurrency had a positive week. Currently trading at $65,772 as per CoinMarketCap data, the asset traded as high as $68,323 on the 21st, before correcting its price. Currently, $BTC trades at a 0.58% increase over the past 24 hours, also boasting a 39.40% volume spike during that time frame.

Bitnance Ramps Up Sales

Meanwhile, a new project offering an alternative store of value solutions is gaining recognition on the Binance Chain. By the name of ‘Bitnance’, the new store of value asset is rapidly selling tokens during its presale phase.

With 129 days to go before the funding round ends, the project has already sold nearly 52,000 tokens, raising around $18,551 during the process. As the presale progresses, the project expects to see a rise in interest from people looking to buy a deflationary token based on scarcity.

Currently selling for $0.357 per token, investors looking to buy have the chance of claiming a cryptocurrency based on deflationary features, capable of gaining value over time. Moreover, as the funding round progresses, price-per-token will increase as milestones are reached.

Earlier this year, a similar store-of-value project on the Ethereum Blockchain rewarded investors with 300% yields on its listing day. As BTN presale progresses, investors are bound to join aiming for similar results.

What is Bitnance?

Bitnance ($BTN) is a community-driven cryptocurrency that is quickly gaining traction during its presale phase. One of its most redeeming qualities is the fact that it is designed to create a stable and deflationary ecosystem that offers long-term value to its holders.

The founders are committed to renouncing ownership of the contract post-launch and also burning liquidity. This move is designed to enhance the value, scarcity, and demand for $BTN.

By removing the possibility of manipulation, the project aims to forge a stable environment for investors, who can expect a steady increase in the coin’s value. According to the whitepaper, these mechanisms are anticipated to drive a 10x increase in value within just a few months.

Bitnance launches with a deliberately low, finite supply of 10.5 million tokens. This scarcity is by design, aimed at boosting demand and potential. A low supply combined with increasing demand is a fundamental economic principle that can significantly enhance the value of an asset.

As a deflationary cryptocurrency akin to Bitcoin, Bitnance is structured to continuously gain value over time. Each token burn and renouncement of contract ownership contributes to reducing the total supply, creating an environment where the remaining tokens become more valuable. This deflationary model is intended to provide a hedge against inflation, making Bitnance an ideal store of value.

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

How Token Utility Is Finally Catching Up to Hype: The Real Story Behind FUNToken’s Price Spike

For much of crypto history, token utility was not considered as a primary characteristic. Most cryptotokens could be used for...

NewsBTC 1 week ago

$57 Billion Mistake? Ex‑Ripple Engineer Reveals XRP Investment Blunder

MicroStrategy’s (now Strategy) big bet on Bitcoin has paid off so far, but it may have left even more money...

Christian Encila 1 week ago

How Stablecoin Rules Are Cementing USD as the World’s Digital Anchor

Conventional crypto wisdom has traditionally painted stablecoins as a potential threat to the U.S. dollar’s hegemony: digital upstarts set to...

News BTC 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

My Lovely Planet Becomes First Web3 Game Recognized by Google’s #WeArePlay Campaign

NewsBTC 5 days ago

FunToken’s $1 Million Debut on Uniswap Proves Demand Is Roaring

News BTC 1 week ago

Utility Tokens in DeFi: Do They Make or Break Crowdfunding Efforts?

NewsBTC 1 week ago

Premium Sponsors

Press Releases

  • Earn $9,141 a day with mobile mining! ETHRANSACTION Smart...

    4 days ago
  • イーサリアムの価格が3,700ドル付近で横ばい、次の注目銘柄はこのico 仮想通貨プロジェクトか?大型チャンスの予感

    ...

    5 days ago
  • 次の100倍を狙えるミームコインを見逃すな?話題の取引ボット連動型トークンがそのチャンスかも

    ...

    5 days ago
  • FTXが9月も返金を継続:弱気相場に備える仮想通貨プレセール3選

    ...

    5 days ago
  • 暗号資産価格暴落によるパニック売りの中で注目される新しい仮想通貨の買い時とは

    ...

    5 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.