Summary
TLDR: Bitcoin halving day is here, but the actual event may be underwhelming. While some predict price volatility, the halving gives us something to talk about. The latest halving cycle saw significant growth in bitcoin addresses and hash rate. A new bill proposing stablecoin regulations may not pass. Institutions are showing interest in bitcoin ETFs, but retail investors still dominate the market. The halving remains exciting, especially as bitcoin gains more mainstream adoption.
Key Points
1. Bitcoin Halving Day is here, with some countdowns projecting it to happen before midnight ET.
2. The halving is a spectacle that only occurs once every four years, closing a chapter on Bitcoin and crypto history.
3. Despite the anticipation, the actual halving itself may not be as thrilling as expected, leading to underwhelming moments for observers.