The SBD author reward is halted again.
In the recent, altcoins have been correcting due to surging in a short-term. Unfortunately, STEEM also can't avoid the correction, and the SBD(STEEM Dollars) reward is halted again.
However, today, the SBD price soared. I think the main reason is the BTC new ATH(All Time High) of this year. Anyways, the STEEM price was affected by the SBD price and it increased a little bit. As well as, now, the STEEM price is over the STEEM Hair Cut price. I hope that it will retain over the STEEM Hair Cut price for a long time.
The 3rd deadlines of the decisions for BTC spot ETFs are scheduled to Jan 2024. It seems that market participants are looking forward to the high possibilities of BTC spot ETFs approvals.
Anyways, I hope to see the simultaneous BTC spot ETFs approvals by the SEC(Securities Exchange and Commission). If yes, it will be gifts for some investors who have endured 6 years.
This comment is for rewarding my analysis activities. Upvoting will be proceeded by @h4lab
@happycapital we can again start the SBD reissue, if we can pass the proposal for the SBD stabilizer.