The halving is coming up, current estimate is for May 11, give or take a few days. What sounds like a simple thing - to just pay 6.25BTC reward per block instead of 12.5 - develops quite some complexity in the ecosystem.

Crypto Finance's Head of Research, Dr. Lewin Boehnke looks at previous halvings in bitcoin and altcoins, and ultimately he has come to an intriguing realisation: the current starting point before the halving is sufficiently different from any previous halving that all bets are effectively off.