Research Report - The State of Bitcoin - 12 11 2019
Bitcoin, Delphi Daily
Sep 18, 2020 5:11 pm
Bitcoin Breakout Tease & Looming Market Risks
Bitcoin flirts with a breakout while market risks begin to surface.
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Bitcoin, Delphi Daily
May 14, 2020 8:50 pm
Analyzing BTC Post-Halving
As I'm sure many of you have heard, an important event happened this week for Bitcoin - it's 3rd ever halving! On May 11th at block #630,000, the reward for miners fell, as intended, from 12.5 BTC to 6.25 BTC per block. This brings the annual issuance rate down to ~1.8%. While the price dipped ~12% heading into the halving, it's since seen a gradual recovery and is now relatively flat on the week. While price is clearly important, how has the network fared since the reduction in new supply? Let's dive into the data and find out.
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