News: The Bitcoin halving event occurred today, reducing the block reward by 50%. While initial price action showed some volatility, the long-term bullish implications of reduced supply are significant. Institutional adoption continues to grow with fund offerings and expansion of custody services into Asia. However, regulatory headwinds remain a concern, as evidenced by Telegram's discontinuation of its TON project.

Market Probabilities: 
Bull 60% | Base 30% | Bear 10%

Recommendations: 
Short-term: BUY
Long-term: BUY
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