The Biggest Bitcoin Narratives of the New Cycle
The Breakdown
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The Evolution of Bitcoin: ETFs, Halving, and Miner Profitability
This chapter explores the transition of Bitcoin from a novelty asset to a legitimate asset class with the launch of Bitcoin ETFs during the crypto winter, the impact of the upcoming Bitcoin halving on mining, and the evolving dynamics of miner profitability, along with the emergence of hash price derivatives markets.
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