The Smoke Signal: Why Trump’s Tariff Threat Could Fracture North American Crypto Liquidity
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Team and early investor shares released
92 million ARB released
Block reward halving event
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