Coinspeaker
Bitcoin Developers See This as Major Catalyst for Next Rally
The Bitcoin ecosystem has undergone two major updates this year in 2024. The first was the launch of the spot Bitcoin ETF earlier this year in January and the most recent one was the Bitcoin halving event last month in April. While the launch of spot Bitcoin ETF triggered a solid run with Bitcoin price hitting its all-time high in March, investors are yet to realize the positive impact of Bitcoin halving. Bitcoin developers recently stated that the next major Bitcoin price rally will occur with ‘programmability’ serving as the ultimate catalyst.
In the eyes of many, Bitcoin has evolved into a digital equivalent of gold—a valuable asset held primarily for its potential appreciation, rather than its utility in everyday transactions. However, unlike its immediate competitor Ether, Bitcoin lacks the seamless integration of smart contracts functionality.
Over the years, developers have sought to addr
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