Half-Time Report
So the BTC halving has happened and now the acolytes expect nothing more than a staggering bull market. I am still not so sure that it’s as inevitable as the hype suggests. I am not alone, q.v. David Mercer of LMAX quoted in Gulf Business (What Is Bitcoin Halving And When Will It Take Place?): “The view from the grown-up market is this: 2012, 2016, 2020, the halving preceded a massive bull run, so the evangelist will tell you, 2024 is going to be the same. We think not.” Optimism is not rampant with the top of what was once perceived by many as CZ’s FUD-tastic hype machine, via The Block: Binance CEO Richard Teng Says This Bitcoin Halving Is 'Unique' Due To Recent Significant Events. The FT adds Miners Double Down On Bitcoin Halving.
Then There Is The Coin View: Crypto Markets Will Be Driven By Macro Factors Following The Halving, Coinbase Says (CoinDesk).
Also, Coinbase Announces Date Of Q1 2024 Financial Results (Nasdaq) set for Thursday, May 2, 2024, after market close.
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