The Strait of Hormuz Is a Narrative. The Hashrate Ledger Is the Truth.
The press will tell you Iran's latest threat to close the Strait of Hormuz is...
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Greed
Market Sentiment
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Team and early investor shares released
Block reward halving event
Improves data availability sampling efficiency
92 million ARB released
Circulating supply increases by about 2%
Bitcoin Season
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