Summary
Increased retail activity is expected ahead of the bitcoin halving, the Dencun upgrade of the Ethereum blockchain, and the potential approval of spot ether ETFs.
Key Points
1. Increased retail activity is occurring ahead of three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain, and the potential approval of spot ether ETFs.
2. The bitcoin halving event, which occurs approximately every four years, is expected to reduce the supply of new bitcoins entering the market and historically has been associated with price increases.
3. The upgrade of the Ethereum blockchain, known as Dencun, aims to improve scalability, security, and efficiency of the network, potentially making it more attractive to investors and developers.