The Treasury's Quiet Balance Sheet Move: Doubling Buybacks Without Touching the Auction Schedule
The U.S. Treasury just doubled its buyback size. Auction schedule? Unchanged. Th
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Neutral
Market Sentiment
Raises validator limit and account abstraction
Team and early investor shares released
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
92 million ARB released
Improves data availability sampling efficiency
Block reward halving event
Bitcoin Season
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