• Coinstack
  • Posts
  • 4th Bitcoin Halving Completed ✅

4th Bitcoin Halving Completed ✅

The top news, stats, and funding rounds of the week in crypto.

Join as a premium subscriber here for full access to our archives and coin deep dives.

Issue Summary: Welcome back to Coinstack, the weekly newsletter for institutional crypto investors and industry insiders. We review the top news, stats, and reports in the digital asset ecosystem for our 250k weekly subscribers. This week Bitcoin’s every four year halving was completed, BTC network fees came down after Runes rollout, SEC lawyers resigned for abuse of power, and big new venture rounds were announced for Centrifuge ($15M) and Shiba Inu ($12M).

Price performance since we began writing Coinstack in January 2021

Published by Coinstack Partners

Coinstack Partners helps crypto/web3 companies raise funding from crypto venture capital firms and family offices for Series Seed/A/B/C rounds of $1M to $50M. The firm has relationships and access to all of the top 300 crypto venture capital firms across North America, Asia, and Europe. To discuss venture capital fundraising services for your company, please review our deck and schedule a free consultation.

Thanks to Our 2024 Coinstack Sponsors…

Amphibian Capital is a market/delta neutral fund of the world's leading crypto funds, returning approximately 5.44% BTC on BTC in 2024 (77.89% YTD in USD terms) and aim to deeply mitigate downside. Amphibian offers BTC, ETH and USD share classes. Deck here: www.amphibiancapital.com

Dimitra is enhancing agricultural productivity for smallholder farmers worldwide, setting the Agtech standard with cutting-edge AI, blockchain, and real-world application technologies that ensure transparency and optimized yields. Visit their website at dimitra.io or follow them on X for more information @dimitratech

Consensus by CoinDesk is the world's largest, longest-running and most influential gathering that brings together all sides of the cryptocurrency, blockchain and Web3 community. From hard-hitting conversations with visionary speakers to hands-on workshops aimed at solving industry challenges, developers, investors, founders, brands, policymakers and more will walk away with the tools and insights needed to continue laying the foundation of a more decentralized future. Use code COINSTACK for 15% off your ticket.

Become a Coinstack Sponsor

To reach our weekly audience of 250,000 crypto insiders, view our sponsor deck and schedule a call to discuss sponsoring Coinstack.

💵 Weekly Crypto Fundraises & Deals

Here are all the crypto fundraises we heard about this week, ranked by size…

🗞️ Crypto News Recap: The Top 5 Stories

Welcome back to This Week in Crypto… everything you need to know in one scannable format. Here are the top 5 stories of the week… 

  1. 🚀 Bitcoin’s average transaction fee comes down after reaching record high amid Runes rollout: The average transaction fee on Bitcoin fell on Sunday after it surged to a record high the day prior, following the network’s fourth halving.

  2. 🚀 Bitcoin bulls may have to wait at least two months for halving's impact, analysts say: The spot price of bitcoin has posted an 8% increase since the fourth halving was completed on Saturday, April 19. According to analysts at QCP Capital, investors may have to wait around two or three months for the bitcoin halving's supply constraint to impact the market.

  3. ⚖️ SEC lawyers resign after judge blasts agency for 'abuse' of power in crypto fraud trial:The SEC was planning to fire the two lawyers if they didn't step down, the report also said. A federal district court judge in Utah had criticized the SEC attorneys, saying their case was "marred by false statements and misrepresentations."

  1. ⚖️ Pro-crypto lawyer John Deaton files to appear as counsel in the SEC's case against Coinbase: John Deaton, an attorney whose cryptocurrency advocacy is part of his bid to unseat Elizabeth Warren in the U.S. Senate, is now asking to lend a hand to Coinbase customers in the exchange's ongoing lawsuit with the Securities and Exchange Commission. 

  1. ⚖️ Crypto.com denies reports that South Korean regulator is delaying local unit leadership change: Crypto.com has denied a local media report that said the firm might have encountered a roadblock in entering the South Korean crypto market, as the local financial regulator could be deferring the approval of a local entity's transition of executive leadership.

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Access to the full Coinstack archives and content library
  • • Early access to the weekly Coinstack newsletter