The 140-Dollar Question: Bernstein Just Priced Circle's Compliance Moat — But Did They Miss the Real Story?
Date: August 24, 2025 The number hit my terminal at 09:42 CET. Bernstein drop...
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Greed
Market Sentiment
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
92 million ARB released
Block reward halving event
Improves data availability sampling efficiency
Team and early investor shares released
Raises validator limit and account abstraction
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