Bitcoin is about to reach the 20 millionth coin mined, with over 95% of the supply already in circulation. The remaining 1 million coins are expected to be mined within 114 years. This milestone reinforces Bitcoin's scarcity and value. Its issuance rate is controlled by the halving mechanism, and miners' income will gradually shift toward transaction fees, posing new challenges to the network's economic model.

Gate News Update, March 2nd. According to CoinMarketCap data, as of press time, VVV (Venice Token) is currently priced at $6.63, up 24.08% in the past 24 hours. The highest price reached $6.65, while the lowest dipped to $3.18. The 24-hour trading volume is $43.6 million. The current market capitalization is approximately $294 million, an increase of $57 million from yesterday. ## Recent Important News about VVV: 1️⃣ **Airdrop Completion and Token Burn Event** Venice's airdrop program has officially concluded, with $100 million worth of unclaimed VVV tokens being burned. This move directly reduces the circulating supply in the market, enhancing the token's scarcity and supporting its price. The burn event signals the project's emphasis on ecosystem stability, which helps to

The Polkadot network will undergo its first halving on March 14, with the issuance volume expected to decrease from 120 million to 55 million tokens. Market expectations for DOT scarcity have increased, leading to a price rise of approximately 27% over the past week. The new regulation has enhanced network liquidity and security, while ETF applications have also attracted attention. The future trend remains highly watched by the market.

The number of Bitcoin whale wallets is approaching 20,000, reaching a high level for this phase, indicating that well-funded investors are increasing their holdings during the price adjustment period. This behavior typically signals reduced short-term selling pressure and potential for future price increases. Although the market is still influenced by macro factors, the whale holding trend is seen as a forward-looking indicator, reflecting high-net-worth investors' recognition of Bitcoin's scarcity.