๐๐๐ง๐๐ฆ๐ง: ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐๐๐ข ๐๐ฒ๐ฐ๐น๐ฎ๐ฟ๐ฒ๐ ๐๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ฎ๐น๐๐ถ๐ป๐ด ๐จ๐ป๐ถ๐พ๐๐ฒ๐น๐ ๐ฆ๐ถ๐ด๐ป๐ถ๐ณ๐ถ๐ฐ๐ฎ๐ป๐
The cryptocurrency landscape is set to transform with the upcoming Bitcoin halving event tonight, decreasing mining rewards from 6.25 to 3.125 BTC. Binance CEO Richard Teng highlights the positive climate, enhanced by the Bitcoin ETF approvals and a surge in institutional interest. Teng points to the Ordinals protocol and booming DeFi activities on the Bitcoin network as catalysts for current market dynamics. He emphasizes the historical price increases post-halving and suggests that the reduced supply of new coins might spur further market optimism.