Three Rejections at $65,000: The Macro Ledger and the Coming Bitcoin Reckoning
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Fear
Market Sentiment
Independent validator client goes live on mainnet
92 million ARB released
Circulating supply increases by about 2%
Block reward halving event
Raises validator limit and account abstraction
Team and early investor shares released
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Bitcoin Season