The Management Mirage: Why the 'Pledge Not Liquidate' Thesis Fails the Bitcoin Miner's Reality
The code doesn't lie. It never does. But the narratives surrounding it? Those...
Team and early investor shares released
Block reward reduced to 3.125 BTC
Block reward halving event
92 million ARB released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Improves data availability sampling efficiency
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Fear
Market Sentiment
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$65,229.2 |
| 1 |
Ethereum
ETH
|
$1,937.71 |
| 1 |
Solana
SOL
|
$76.33 |
| 1 |
BNB Chain
BNB
|
$575.1 |
| 1 |
XRP Ledger
XRP
|
$1.11 |
| 1 |
Dogecoin
DOGE
|
$0.0731 |
| 1 |
Cardano
ADA
|
$0.1657 |
| 1 |
Avalanche
AVAX
|
$6.72 |
| 1 |
Polkadot
DOT
|
$0.8269 |
| 1 |
Chainlink
LINK
|
$8.72 |