100 billion USD were pulled out by investors from First Republic Bank. There are fears that First Republic Bank may be next in line of getting collapsed after Silicon Valley Bank and Signature Bank.

In single day First Republic Bank shares went down from 16 USD to 8 USD. https://www.nasdaq.com/market-activity/stocks/frc

Bitcoin has a cycle of bull runs, big sell off, recovery - Repeat. Still for me Bitcoin is still more predictable then Banks

News Source: https://www.aljazeera.com/economy/2023/4/26/first-republic-shares-hit-record-low-after-depositors-pull-100bn

Hi

There are 6 bitcoin confirmations required to make a bitcoin transaction 100% confirmed.

But if see Bitcoin transaction on https://www.blockchain.com/explorer there are confirmations that keep coming even after the first 6 one. Can someone tell why they keep coming despite the fact the transaction is already 100% confirmed.

regards