The $8.7 Billion Revenue Engine That Still Lost $85 Million: Galaxy Digital and the Arithmetic of Crypto's Bearish Quarter
The ledger lines bleed, but the arithmetic never lies. Galaxy Digital just...
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Greed
Market Sentiment
Team and early investor shares released
Independent validator client goes live on mainnet
92 million ARB released
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Block reward halving event
Raises validator limit and account abstraction
Improves data availability sampling efficiency
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