The Oil-Bitcoin Coupling: Why $90 Brent Breaks the Macro Arbitrage
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Fear
Market Sentiment
Independent validator client goes live on mainnet
Team and early investor shares released
Block reward halving event
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Circulating supply increases by about 2%
92 million ARB released
Bitcoin Season