Crypto

Bitcoin Hits 20 Million Mined Coins as Final Supply Expected in 114 Years

Bitcoin has reached a significant milestone with the mining of 20 million BTC, highlighting its progress in the cryptocurrency market. As the supply decreases, the final coins are projected to take approximately 114 years to mine. This development underscores Bitcoin's deflationary nature, as the issuance rate slows down significantly over time. Investors and enthusiasts are keenly watching the implications of this limited supply on Bitcoin's market price and overall adoption. The milestone may influence trading strategies and investor sentiment as scarcity continues to play a key role in Bitcoin's appeal.

Crypto

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DeepBook Faces $239.7K Bad Debt, Exposing Risks in Leveraged DeFi

DeepBook Faces $239.7K Bad Debt, Exposing Risks in Leveraged DeFi

DeepBook has reported a significant bad debt totaling $239.7K, raising concerns about the stability of leveraged decentralized finance (DeFi) platforms. While margin trading pauses have prevented widespread contagion across its network, the situation highlights the underlying risks associated with leveraged on-chain liquidity systems. Analysts suggest that such incidents could

JASMY Shows Strong Signs of Bullish Reversal After 3-Month Losses

JASMY Shows Strong Signs of Bullish Reversal After 3-Month Losses

JASMY has recently demonstrated significant movement toward a bullish trend, recovering from losses sustained over the past three months. The cryptocurrency's price action indicates a potential reversal, suggesting that investor sentiment may be shifting positively. Analysts note that several key indicators are signaling a trend reversal could be

Bitcoin Supply Shift Signals Potential Price Bottom Still Ahead

Bitcoin Supply Shift Signals Potential Price Bottom Still Ahead

Recent trends indicate a significant shift in Bitcoin supply, with 78% of BTC supply being accumulated by whales and ETF inflows increasing. This accumulating behavior hints at potential bullish signals for the cryptocurrency market. Experts suggest that the ongoing whale accumulation could indicate that the price bottom for Bitcoin may