The Re-Intermediation of Capital: Goldman Sachs Builds a Walled Garden for Private Markets
Hook In July 2025, Goldman Sachs quietly confirmed the launch of an internal...
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Fear
Market Sentiment
Block reward halving event
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Team and early investor shares released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
92 million ARB released
Raises validator limit and account abstraction
Bitcoin Season
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Hook In July 2025, Goldman Sachs quietly confirmed the launch of an internal...