ABCD Roundup: 2024’s Defining Moments: From Bitcoin ETFs to AI Breakthroughs
Digital Currents
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Bitcoin Halving: Market Dynamics and Innovations
This chapter explores the Bitcoin halving event and its surprising lack of expected price increases, attributing this to ETF approvals and changing demand patterns. It emphasizes the introduction of new technologies like 'runes' and discusses their impact on transaction fees and miner strategies. Additionally, the chapter delves into broader trends in the cryptocurrency market, touching on consumer behavior, retail spending, and the contrast between traditional assets and speculative investments.
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