With the bitcoin halving top of mind this week, we wanted to share a brief note summarizing our current...The halving is upon us....BTC’s price usually runs up into the halving — like we’ve seen this cycle — and then takes a breather...for a few weeks after.The halving also comes at a time when risk markets face a handful of potential...

📊 LTC Outperforms as the Halving Draws Closer Since FTX filed for bankruptcy, LTC has outperformed...The outperformance can likely be attributed to the upcoming LTC halving in mid-2023 when the block reward...LTC rallied over 500% leading into its previous halving in August 2019....The rally lasted about 200 days, finding a top 2 months before the halving. ...

[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Rallys-With-The-Halving-Looming...-5-8-2020.pdf” title=”Macro – Bitcoin Rallys With The Halving Looming – 5 8 2020″]...

I’m sure many of you have heard, an important event happened this week for Bitcoin – it’s 3rd ever halving...While the price dipped ~12% heading into the halving, it’s since seen a gradual recovery and is now relatively...In the 7 days leading up to the halving, the average % of miner revenue from fees was ~4.2%.

Crypto is gearing up for another halving, but this time it’s not Bitcoin....This complexity makes the halving’s ripple effects far more unpredictable....Contrary to what you might’ve guessed, the TAO halving is not a halving of participant rewards....), rather than ~7,200 minted daily (pre-halving).

March 2020: Covid-19 causes capitulation across all financial markets May 2020: The third BTC halving...But if you remove everything else, BTC halving events have a 100% hit rate....Just a year following the halving, BTC shot up over 600% and 3xd its previous all-time high....action in relation to the periods of time post halving.

Historical Context LTC’s halving is coming up in August this year....The first and second halvings provided upside moves of 820% and 543%, respectively....Typically, the halving is a huge fundamental event for proof of work coins....This happens because traders front-run the event such that by the time the halving takes place, it is...

...every block is halved....Epic Sat: First sat after each halving. ...Conjunction Approx. every 24 years Every 6 halvings the difficulty adjustment and halving event occur...Bitcoin Halving: The Bitcoin halving is a pivotal mechanism built into Bitcoin’s core design....After every halving, the reward for miners is cut in half. ...

Roughly every four years, however, the block rewards halve....Since the last halving Bitcoin has only generated on average about 50 BTC per day in fees – 1/9th of...what miners will lose in the Halving....In a very real way, the Halving will cut miner revenue in half.

The Halving Cometh The halving is upon us....In approximately 320 days, Bitcoin’s block rewards will be halved from 6.25 BTC per block to 3.125....The Past Halvings First, we want to see how Bitcoin has performed after its prior halvenings....But the block rewards halve every 4 years, from 50 to 25 to 12.5, to 6.25 and so on.

Timestamps: 0:55 – Bitcoin Halving 18:20 – Ethena 45:35 – Modular Lending 55:15 – Eigen Yields...

Bitcoin’s resurgence is driven by several factors, including the recent Bitcoin ETFs, the anticipated halving...Runes go live on mainnet at block 840,000 (halving block, expected sometime around in 20 April)....As of February 27, 2024: There are ~7,700 blocks left until the halving....The launch of Runes at the Bitcoin halving in April will be a key event to watch for.

⚡ A Blast From The Past As you can see from the three previous halvings, an interesting pattern...is emerging with Bitcoin’s price action in relation to the periods of time post halving....Jumping to the previous halving (July of 2016), it took Bitcoin 75 weeks to reach last cycle’s top of...

We’re also ~110 days out from Bitcoin’s next halving (April 2024)....Again, halvings aren’t the primary driver of crypto bull markets, but they can pour fuel on an already...All these potential near term catalysts (liquidity expansion, ETF launch, Bitcoin halving) could lose...: Bitcoin halvings typically lead to increased price volatility.

Halving Hopium The cherry on top of all this is one close to the heart of the crypto faithful....The Bitcoin Halving is expected to occur in April 2024, which lines up perfectly with our base case that...The Halving is undoubtedly one of the biggest events on the horizon for H1 2024, and it will bring a...

Notably, we’re now ~150 days out from Bitcoin’s next halving....BTC has rallied into its last two halvings, particularly in the ~6 weeks leading up to the event....Returns were lackluster in the 6-8 weeks immediately after the Halving.

These cycles also match up nearly perfectly with Bitcoin Halvings, which, as we noted last month, just...The July 2016 Halving occurred ~18 months after BTC bottomed (Jan. 2015) and ~7 months before BTC reached...The May 2020 Halving occurred ~18 months after BTC bottomed (Dec. 2018) and ~7 months before BTC reached...

That’s the question.  21:52 · Jason When’s the next halving?...good betting.  26:46 · MJ There’s a good point in the chat really quick from Andrew: “Next Bitcoin halving...The last two cycles, it took Bitcoin 34 to 35 weeks post halving to break above its previous all-time...

As BTC heads into the next halving estimated in 2024, we can expect fiercer competition as every Bitcoin...