Cryptocurrency news Bitcoin, Binace, Crypto Market

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Binance burns 2 million BNB worth $621 million
Binance spent more than 2 million BNB, worth $621 million, in its 22nd quarterly autoburn exercise. The latest transaction involving the burning of 7,181 BNB from the platform’s Pioneer Burn program takes the exchange one step closer to achieving its goal of removing 100 million BNB from circulation.

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This week, the value of Bitcoin crossed the $20,000 mark, a price not seen in the crypto market since November, and compared to last week, the price of Bitcoin is up 22% from $16,900.
The rally extended to Bitcoin, Ethereum, and other altcoins on the rise last week, amid market expectations that the Fed's hawkish policy will see more calm.

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Popular investor Cathy Wood, CEO of Ark Investments, added another 74,792 shares of the cryptocurrency trading platform Coinbase to the company's investment portfolio, and also added 99,523 shares of the American electric car maker Tesla, over the weeks. the past few years, which pushed stocks to rise despite the degree of uncertainty in global markets.
Cathy Wood confirmed that she remains bullish on electric car stocks as well as cryptocurrencies, especially Bitcoin, as she reiterated that she expects the price of Bitcoin to reach $1 million by 2030.

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