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RalliesOKB, the token of cryptocurrency exchange OKX, more than tripled to a record high after the company executed a one-time burn of 65.26 million OKB, cutting the supply by more than 50%.Burning the roughly $7.6 billion worth of tokens permanently reduces the maximum supply to 21 million, in line with the hard cap coded into bitcoin (BTC). The burn, or sending the tokens to a wallet address that can't be accessed, was carried out from OKX’s reserves…See the Story
OKB Token Price Surges 200% as Supply Slashed by 50%
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EthereumThe post Cardano Hits $1, But Bulls Meet Unexpected Surprise appeared on BitcoinEthereumNews.com. Cardano, the 10th largest cryptocurrency, saw a sharp surge in the early Thursday session, skyrocketing as much as 16% to reach $1.01. The last time it reached this level was in March 2025, when it skyrocketed following the initial announcement of a crypto strategic reserve. The surge coincides with the appearance of a golden cross pattern on Cardan…See the Story