The Sanctions That Prove DeFi is a Macro Asset: Iran Liquidity Cycle Analysis
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Fear
Market Sentiment
Team and early investor shares released
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
92 million ARB released
Independent validator client goes live on mainnet
Block reward halving event
Circulating supply increases by about 2%
Raises validator limit and account abstraction
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Bitcoin Season