Bitcoin just hit 20M mined coins, meaning there’s only 1M left. While this type of crypto news certainly seems exciting, the milestone has likely already been priced in.
The new scarcity narrative could develop, but considering that it will take up to 2140 to burn through the Bitcoin supply, the short-term market swings will prevail.
In other breaking crypto news, DeepSnitch AI passed $2M after announcing its March 31 TGE. The hype is slowly building up as whales rush in to reserve their spot in the AI analytics project and take advantage of the massive bonuses that are available until the TGE.
One million BTC remains to be mined
The Bitcoin network crossed the 20M mined coins milestone over the weekend, leaving just 1M BTC left to be produced over the next century. At current rates, roughly 450 Bitcoins are mined daily. The figure halves every four years, and the last coin is expected to be mined around 2140.
Rejoicing at the sight of bullish crypto news, the industry framed this moment as a significant milestone. Raphael Zagury, Elektron Energy CEO, called the supply transparency unprecedented.
Charles Edwards, founder of Capriole Investments, has been slightly more muted on the topic, saying that the event will likely have no impact, citing the fact that the supply curve has already been known and priced in.
Meanwhile, traders also took note of the market recovery, which was another highlight in the latest crypto news. However, many traders aren’t exploring established coins and are actively rotating into presale projects, including DeepSnitch AI, which secured $2M.
Altcoins to watch in March
1. DeepSnitch AI: DSNT raised $2M as the clock ticks on 31 March TGe
While Bitcoin supply entering its “last stretch” turned heads, DeepSnitch AI’s presale window is closing even faster.
The latest cryptocurrency news update shared that the TGE was set for March 31, meaning that the investors don’t have much time to leverage the $0.04399 price.
Overall, DeepSnitch AI raised over $2M, and while that certainly is major proof that the conviction is high, the project has actually been focused on its utility from the very beginning, making the amount much more impressive.
The core utility is already completed, with the central intelligence layer powered by five AI agents already operational. This means that traders will be able to plug into DeepSnitch AI post-launch and receive a variety of analytics services from a single dashboard.
Some of the highlights include a real-time sentiment tracker that analyzes social media for signs of early FUD or shifts, a solution for finding hidden gems and rugs, an alpha finder, and even an on-board LLM for quick DYOR and risk assessments that only require you to paste a contract address.
DSNT will be available at Uniswap first, with further DEX and CEX listings expected to stack fresh demand. In addition to 100x-300x predictions from the community, the fact that DeepSnitch AI is a running product that is designed for daily use (basically, DeepSnitch AI, coffee, and trading) will likely maintain a strong trajectory post-launch.
2. Bitcoin: Will BTC maintain a bullish trajectory?
The latest crypto news saw BTC recover the $70K psychological resistance, according to CoinMarketCap.
Bitcoin surged past its 20-day EMA at $60K, meaning that a test of the $74.5K resistance is very likely. If this happens, BTC has officially bottomed out and could go as high as $84K if the momentum continues.
Yet, if Bitcoin loses its support, then bears will drag down the price to as low as $60K.
Overall, the performance was solid for 24 hours, considering the bearish nature of the cryptocurrency news updates in the last few days.
3. Hyperliquid: Is the HYPE recovery due?
According to CoinMarketCap, HYPE got up to $34 after consolidating near $30 on March 9.
In the short term, the action looks solid, and if crypto news and other events align, Hyperliquid could retest its recent $36 high. This is substantiated by the fact that HYPE already broke above the Bollinger Band at $33.
If the recovery stalls and HYPE loses $29.71, $27 is the next lower target, and if bulls don’t step in, the coin could drop as low as $21.
Final words: Be faster than the crypto news cycle
While it’s certainly a highlight, there’s a strong chance that Bitcoin milestones will be forgotten in a few weeks after a new wave of volatility hits the charts.
On the other hand, DeepSnitch AI is a self-sustained unit that basically doesn’t need a continuous stream of crypto news to drive interest. The evidence of this is the $2M raised. The news was occupied with market crashes and bearish sentiment, while the project had no trouble attracting new capital.
Yet, the FOMO is slowly kicking in as the TGE set for March 31 approaches. Whales in particular are going bonkers over the latest discount codes (available until TGE), such as the DSNTVIP300, which provides as much as 300% bonus tokens. That’s approximately $90K extra value on investments of $30K and up.
Beat the crypto news cycle and save yourself a seat in the DeepSnitch AI presale before March 31 and follow the latest developments on X or Telegram.
FAQs:
1. Why is DeepSnitch AI generating such buzz in this week’s crypto news?
While Bitcoin’s supply milestone is symbolically significant, analysts widely agree it’s already priced in. DeepSnitch AI has a harder catalyst: a March 31 TGE with a confirmed Uniswap listing, $2M raised at $0.04399, and a live intelligence layer already running. The community’s 100x-300x projections are backed by a finished product, not by macroeconomic events.
2. What does Bitcoin reclaiming $70K mean for the broader crypto market outlook?
BTC pushing back above $70K and through the 20-day EMA signals the bears are losing grip. A successful test of the $74.5K resistance would suggest the bottom is in and open a path toward $84K.
3. What are the key price levels for Hyperliquid heading into next week?
HYPE recovered to $34 and has already broken above the $33 Bollinger Band, pointing toward a retest of the $36 recent high if momentum holds.
