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Inflation in cryptocurrencies In the crypto world, just as in the real world, there is inflation, an asset depreciating over time. Inflation in cryptocurrencies occurs when too many new coins are issued. A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year. Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation. But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%–3%–4% annual inflation has almost no effect on anything. However, if you come across a coin with suspicious tokenomics—e.g., they’ve made it possible to issue an unlimited number of tokens during any period—this should definitely be taken into account when making investment decisions.

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Crypto critic Peter Schiff regrets not buying BTC in 2010. American financier and head of broker firm Euro Pacific Capital Peter Schiff admitted that he “made a big mistake” when he decided not to invest in Bitcoin. It’s hard not to be affected by FOMO in the current market, isn’t it?😅 Over the years, Schiff has regularly criticized Bitcoin, deeming it worthless and generally referring to the asset as a Ponzi scheme. He has known of the coin’s existence since 2010 and even considered buying it, but then decided the asset had no value. However, Schiff remains consistent and still considers Bitcoin worthless, but he still really regrets that he did not buy it 14 years ago.

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Crypto speak: Floor is lava 🌋 “Floor is lava” is a term used in the crypto community to denote a possible market collapse. Crypto industry participants took the phrase from the game of the same name, in which players imagine the floor is lava and you can’t step on it. In the context of crypto, the expression indicates unfavorable market conditions. Using it, you can draw attention to the fact that people need to be careful and make informed decisions when investing. Also, the phrase is often used to defuse a situation. The fact is that the expression eventually acquired a semi-serious character. Sometimes, it is used to ironically note that the participants of the crypto community always need to be on alert (the exact essence of the game).

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Accordring to CoinMarketCap, 🥇 Bitcoin has risen to become the 9th largest asset by market cap, signaling its growing prominence in the global market. 🥇 Bitcoin has already reached the value of the world's 9th largest asset by capitalization, while others include: 🥇 Gold: $14.32tn 🇺🇸 Microsoft: $3.09tn 🇺🇸 Apple: $2.77tn 🇺🇸 NVIDIA: $2.13tn 🇸🇦 Saudi Aramco: $2.04tn 🇺🇸 Amazon: $1.84tn 🇺🇸 Alphabet (Google): $1.71tn 🥈 Silver: $1.36tn 🪙 Bitcoin: $1.31tn 🇺🇸 Meta Platforms (Facebook): $1.28tn

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Pavel Durov announced that starting next month, Telegram will use the TON blockchain to pay and withdraw ad revenue. This is great news for Toncoin and all crypto enthusiasts. Digital assets continue to permeate our lives and mass adoption of crypto is getting closer and closer😎 ***********

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