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Profit and Loss: how to monitor your crypto portfolio performance on Young Platform

profit and loss young platform

Managing performance with the new P&L calculation method

Young Platform has updated its P&L (Profit & Loss) feature to offer a clearer and more detailed view of your crypto portfolio’s performance. As of June 2025, the system employs a new calculation method, which features interactive charts, detailed statistics, and revised data handling.

This is not a brand-new feature, but rather an optimisation of how existing data is analysed. It allows users to easily track:

  • Overall portfolio performance
  • Gains or losses on each individual cryptocurrency
  • Current value across the various wallets (Main, Savings, Staking, Smart Trade)
  • Realised and unrealised performance over time

To view your updated data, simply go to the “Profit and Loss” section within the app or web platform.

P&L method and tax reporting

The new calculation method is now also used to generate the tax report available on the platform. This integration ensures that the data shown in the P&L section is fully aligned with what is needed for income tax reporting.

Main user benefits include:

  • Consistency between operational analysis and tax data
  • Realised gains calculated in accordance with current regulations
  • Easy-to-export tax report, readable by your accountant

This synergy between performance tracking and regulatory compliance streamlines crypto asset management from both financial and legal perspectives.

How the P&L calculation works

Young Platform distinguishes between realised and unrealised gains and losses.

Realised Profit (or Loss)

This refers to the actual gain or loss made from completed operations: sales, withdrawals, or conversions into euros or stablecoins.

Learn more about stablecoins and taxation: Crypto-assets: from MiCAR to the Italian tax system

Calculation:
 Sale/withdrawal/conversion price – average purchase price
Fees are included and counted as a loss.

Note:
 Conversions between cryptocurrencies (e.g., BTC > ETH) do not count as realised gains, but transfer their value as unrealised capital gains.
Conversions to stablecoins (e.g., BTC > USDC), however, do count as realised gains, just like conversions into euros.

Example:

  • Purchase: 0.5 BTC at €15,000 (€30,000/BTC)
  • Sale: 0.5 BTC at €17,500 (€35,000/BTC)
  • Realised profit: €2,500

Unrealised Profit (or Loss)

This is an estimate of the value change of cryptocurrencies still held in your portfolio.

Calculation:
 Current value – average purchase price

Note:
 Applies only to crypto assets that have not yet been sold, withdrawn, or converted into euros/stablecoins.
Conversions between cryptocurrencies retain the gain as an unrealised capital gain.

Example:

  • Purchase: 0.5 BTC at €15,000
  • Current value: €17,500
  • Unrealised profit: €2,500

Average purchase price: definition and usage

The average purchase price represents the unit cost of a cryptocurrency over time.

Key features:

  • Updated only when buying
  • Unaffected by sales, withdrawals, or conversions
  • Used to calculate both realised and unrealised profits
  • When transferring assets between internal wallets (e.g. from Savings to Staking), the average purchase price follows the asset

How to read the data in the Analytics section

The Analytics section has been enhanced to provide a clear and detailed overview of your portfolio’s structure and performance. It includes:

Total performance

Total performance shows the overall gains and losses in your portfolio, expressed both as a percentage and in euros. It takes into account all value fluctuations, including realised and unrealised gains and losses.
Figures are updated every hour and shown net of any fees.

This metric provides an immediate and accurate snapshot of your portfolio’s growth or decline, making it a crucial reference for evaluating overall performance.

Breakdown by functionality

This section displays how your capital is distributed across the various investment strategies available on Young Platform: Main Wallet, Savings, Staking, and Smart Trade.
For each, it shows the total unrealised gain, allowing you to quickly identify which strategy is delivering the best results.

Volume analysis

This tool lets you monitor your activity in detail: deposits, withdrawals, and orders (buy, sell, or swap). You can select a specific time frame and filter by transaction type, generating a detailed chart of your operations.
This enables complete control over your activities and supports more strategic decision-making.

Crypto distribution

Displayed via a pie chart, this section shows the percentage breakdown of your crypto holdings by asset.
Each segment represents a specific cryptocurrency, helping you visually assess the weight of each asset and decide whether to rebalance your portfolio.

Transactions

Here, you’ll find a detailed list of all your transactions, including type and volume.
This view is also useful if you’re considering upgrading your verification level or joining a Club plan that offers reduced fees based on your trading volume.

Balance distribution

This chart shows how your capital is allocated across different investment strategies on the platform.
Each segment represents a strategy and highlights its proportion of your total balance.
It’s a valuable tool for evaluating diversification, exposure, and the impact of each strategy on your overall returns.

Asset type allocation

This provides a clear overview of how your portfolio is split between euros, cryptocurrencies, and stablecoins.
It helps you assess your exposure to volatility and balance between stable and high-risk assets, supporting more informed planning and risk management.

Further reading:

The updated P&L method on Young Platform marks a significant step forward in managing crypto investments with clarity and accountability. It enhances real-time performance tracking while integrating seamlessly with fiscal reporting, simplifying your annual tax process.Whether you’re a seasoned investor or just getting started, you now have a powerful tool to monitor, evaluate and document your crypto activity in a clear, structured, and compliant way.

Information regarding the YNG Token is for informational purposes only. The Token does not represent a financial instrument. The purchase and use of the YNG Token involve risks and must be carefully evaluated. This does not constitute a solicitation for investment, nor a public offering under Italian Legislative Decree no. 58/1998.

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zkSync (ZK): you can purchase it on Young Platform Pro starting today!

You can now purchase zkSync on Young Platform Pro! Everything you need to know
zkSync is now available on Young Platform Pro and is ready to buy, hold, and sell.

We resume our listings with ZK, one of Ethereum’s most promising Layer 2 solutions and one of the most advanced projects in scalability. 

zkSync: everything you need to know


zkSync is an Ethereum Layer 2 solution that enables users to execute transactions more quickly and cheaply. The Matter Labs team founded it in 2020, aiming to enhance scalability through Zero-Knowledge Rollup technology.


zk-rollups group transactions are executed on the network in batches and sent to the main blockchain in a compressed format. This maintains Ethereum’s security and decentralisation while reducing transaction costs. This technology was developed to solve major issues with the Ethereum network, which can often become slow and expensive when congested.


In just a few months since the launch of the leading network, zkSync Era, it has attracted many users and a significant amount of Total Value Locked (TVL). ZK, zkSync’s cryptocurrency, is the network’s governance token, allowing holders to participate in essential decisions for the protocol’s future.


zkSync was launched via an airdrop in June 2024, distributing 3.7 billion tokens to users who had used the protocol in the preceding months. From its launch, the zkSync network has hosted some of the most promising and popular decentralised applications (dapps) like Uniswap and Curve Finance, along with native DeFi platforms like Sync Swap and Holdstation.


As previously mentioned, this Ethereum Layer 2 is one of the most promising in the crypto world. Over the past years, it has raised nearly $500 million through various funding rounds. Venture capital firms investing in the project include Andreessen Horowitz (a16z), DragonFly Capital, ConsenSys, and Alchemy, some of the most prominent funds in the sector.

How to Use zkSync on Young Platform?

Here are all the features available for zkSync (ZK) on Young Platform Pro:

  • Purchase and sale with USDT.
  • Network deposit and withdrawal.

What are you waiting for? Access the Young Platform app or web version to purchase the cryptocurrency of this Ethereum Layer 2.

Attention! All CEX withdrawals for Zk Sync (ZK) are disabled until 12 p.m. UTC tomorrow, June 18, 2024.

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ECB Rates: Impact of the Cut on Markets and the Economy

ecb rates

The ECB Cuts Rates for the First Time Since 2019

The European Central Bank (ECB) announced a rate cut on Thursday, 6 June, lowering the deposit rate from 4% to 3.75%, the benchmark rate from 4.50% to 4.25%, and the marginal lending rate from 4.75% to 4.50%. This hasn’t happened since 2019.

This decision was made despite inflation forecasts being revised upwards, indicating a slow and irregular path for rate reductions.

Future Interest Rate Decisions

Christine Lagarde, President of the ECB, emphasized that future rate decisions will be made “meeting by meeting” and warned of a bumpy path ahead. She added: “Today’s rate cut reflects the confidence we have in the growth path, but to continue this process, we must wait for analyses to confirm that we are in economic recovery.”

Despite the rate cut, the ECB provided no precise guidance on future moves, stressing that inflationary pressures remain high. Updated forecasts show average inflation of 2.5% for 2024, 2.2% for 2025, and 1.9% for 2026.

Impact on the Labour Market and Economy

The ECB revised its growth forecasts for 2024 upwards, now estimated at 0.9% compared to the 0.6% predicted in March. However, prospects for 2025 were slightly reduced to 1.4%, while those for 2026 remain unchanged at 1.6%. This scenario indicates moderate economic growth in the coming years, with inflation likely to stay above the 2% target until 2025.

Lagarde indicated that wage growth, although still high, is expected to slow down during the year, helping to reduce inflationary pressures. However, rate cuts are likely to slow, with inflation remaining above the ECB’s target for most of 2025. This implies that the ECB will closely monitor various economic indicators to determine future monetary policy.

Consequences of the ECB Rate Cut

The ECB’s rate cut will have several consequences:

  • Reduction in credit costs: Households and businesses will benefit from lower interest rates on loans, thus promoting access to credit and stimulating consumption and investment.
  • Impact on savers: Lower interest rates may penalise savers, reducing returns on bank deposits and government bonds.
  • Stimulus to economic growth: Lower borrowing costs should encourage spending and investment, supporting economic growth. However, the effectiveness of this measure will also depend on global economic conditions and domestic demand.
  • Inflation and wages: The rate cut could influence inflation and wage dynamics. Although Lagarde has signalled that wage growth will slow, inflation may remain high in the short term, further complicating the ECB’s future decisions.

Market Reactions

Financial markets had anticipated the rate cut, pricing in a 25 basis point downward move. Following the rate cut announcement, eurozone government bond yields rose significantly. In particular, the 10-year German bond yield increased by nearly 8 basis points to 2.573%, while the 2-year bond yield rose by just under 6 basis points to 3.033%. Yields on Italian and Spanish 10-year government bonds also rose by 9 and 7 basis points, respectively, to 3.893% and 3.299%.

International Comparison

Despite starting to raise rates later than other central banks, the ECB is now leading with the June cut. The US Federal Reserve, for instance, is still grappling with higher inflation. Other countries like Canada, Sweden, and Switzerland have already started to reduce interest rates in the current cycle.

The ECB has clarified that future moves will depend on economic data and that there is no predetermined path for further rate cuts. With inflation still above target and moderate economic growth, the future of European monetary policy remains uncertain, requiring constant attention and careful assessment of all variables at play.

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FED: Interest Rate Predictions for the June 2024 Meeting

FED

What is the FED’s stance on cutting interest rates? Here are analysts’ predictions.

The Federal Reserve (FED) is the central bank of the United States and plays a crucial role in the global financial system. Economists, analysts, and investors worldwide closely monitor every decision it makes, especially regarding interest rates.

But what can we expect from the upcoming FED meeting scheduled for 11-12 June 2024? Analysts predict that the FED will keep interest rates unchanged, but some signals could anticipate future cuts by the end of the year.

What is the FED, and why is it important?

The Federal Reserve, or FED, is the institution that serves as the central bank of the United States. Its role is to stabilise the economy through the management of money and interest rates. Its main functions are controlling inflation, regulating the banking system, and promoting economic stability. The interest rates set by the FED influence the cost of money, i.e., how much it costs to borrow or how much you earn by saving.

The current interest rate situation

FED interest rates have been steady between 5.25% and 5.5% since July 2023. After a year of stability, the FED decided not to increase rates further despite mixed signals on inflation. According to FED Governor Christopher Waller, some inflation reports in the early months of 2024 temporarily cooled expectations of a rate cut. Still, recent consumer price index (CPI) data suggest that inflation is not accelerating.

Analysts’ predictions for the FED June meeting

According to the CME’s FedWatch Tool, the probability of a rate cut at the June meeting is just 0.1%. The forecasting site Kalshi also indicates a 99% probability that rates will remain unchanged. However, analysts predict the FED might signal potential rate cuts later in 2024. During the meeting, the “Summary of Economic Projections” will be updated, where monetary policymakers will outline their forecasts for the end of the year.

Impacts on everyday life

The FED’s decisions on interest rates have a direct impact on people’s daily lives. Higher interest rates mean more expensive loans for homes, cars, and businesses and higher returns for savers. Conversely, lower rates make loans cheaper but reduce earnings on savings. For example, 30-year mortgage rates reached an annual high of 7.79% in 2023, then fell to 7.03% by the end of May 2024.

When might a rate cut occur?

According to bond markets, the first rate cut could happen in September 2024, with a 50% probability. A second cut might follow in December. However, these predictions are subject to rapid changes in response to economic data. For example, there is still a 15% probability that there will be no cuts in 2024.

The June FED meeting is highly anticipated, but it is unlikely to bring immediate changes in interest rates. All eyes are on the updated economic projections and the statements from FED Chairman Jerome Powell. The possibility of rate cuts during 2024 will depend on the strength of the labour market and progress in controlling inflation.

The FED’s decisions will continue to have a significant impact on the global economy and the daily lives of millions of people. Monitoring these decisions helps us better understand economic dynamics and make more informed financial decisions.

The price forecasts in this article are based on sources believed to be reliable, but do not guarantee the market’s future performance. They do not constitute a recommendation or financial advice. Investing in crypto-assets involves risks, including the potential loss – even total – of the invested capital. Users are required to conduct independent evaluations before making economic and/or investment decisions and to consult their own specialised financial advisor.

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The Richest Countries in the World: The 2024 Ranking

The Richest Countries in the World: Updated Ranking

Which are the richest countries in the world? Discover the ranking.

To compile the ranking of the world’s richest countries, the GDP (Gross Domestic Product) per capita is one of the most effective and widely used parameters to measure a country’s wealth. This indicator represents the total value of goods and services produced in a country in a year, divided by the number of inhabitants. A high GDP per capita indicates greater economic productivity and a higher standard of living for the citizens of that country.

In the global economy, wealth is distributed unevenly, with some countries boasting an extremely high GDP per capita. The economies of these states are often characterised by advanced industrial sectors, strong technological innovation, and a high level of education.

But let’s get back to the central theme of this article: which are the richest countries in the world? Here is the updated ranking for 2024.

The Richest Countries in the World Ranking

Here is the ranking of countries with the highest GDP per capita in 2024, based on data from the International Monetary Fund (IMF). Some advanced economies have long been active in the cryptocurrency and blockchain technology sector. Luxembourg and Singapore, for example, are known for being innovative financial hubs that are actively exploring this world. Knowing Bitcoin and other major cryptos could be an opportunity to emerge in an increasingly digitalised global economic context.

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1. Luxembourg ($140,000)

With a GDP per capita of about $140,000, Luxembourg ranks first among the richest countries in the world. A robust financial sector and a significant and constant influx of foreign capital characterise its economy.

2. Ireland ($110,000)

Ireland is in second place, with a GDP per capita of around $110,000. Its success is largely due to the presence of the headquarters of European tech and pharmaceutical multinationals. This country has attracted many successful companies in recent years thanks to a favourable tax situation.

3. Switzerland ($106,000)

Switzerland is known for its high quality of life and the efficiency of services provided by both public entities and private companies. Additionally, the country excels in the finance and industrial sectors.

4. Norway ($96,000)

In fourth place among the richest countries in the world is Norway, primarily due to the natural resources present in the territory, particularly oil and gas. Norwegian companies are also highly developed and leading worldwide in several fields, thanks partly to the significant work done by Norwegian researchers.

5. Qatar ($90,000)

Qatar owes its wealth to its enormous oil and natural gas reserves, accounting for about 13% of the world’s reserves.

6. Singapore ($87,000)

Singapore is a global financial and commercial hub with a strong economy based on financial services, advanced technologies, and international trade. Many underestimate the impact of the city-state’s shipping industry, favoured by its geographical position at the centre of important East-West routes.

7. United States ($84,000)

The United States is seventh among the richest countries in the world, with a GDP per capita of $84,201. The US is still one of the most powerful economies in the world, driven by its enormous domestic market fueled by the largest tech, financial, and industrial companies.

Singapore and the United States are also effectively integrated into the cryptocurrency sector. To delve into this innovative finance branch, download the Young Platform app!

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8. Iceland ($80,000)

The strength of the Icelandic economy derives primarily from tourism, fishing, and renewable energy production. This state is among the best places to live, ranking high in almost all quality-of-life indices.

9. United Arab Emirates ($76,000)

The United Arab Emirates is one of the most dynamic economies in the Middle East. Its wealth comes primarily from oil but also from the significant development of tourism and the financial sector in recent years.

The ranking of the richest countries in the world provides an interesting snapshot of how global wealth is distributed. These countries boast a high GDP per capita and often offer a high quality of life, with access to advanced services, modern infrastructure, and economic opportunities.

If you want to learn more about the global economy and the factors that influence a country’s wealth, follow us for insights.

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Spot ETF on Ethereum: trading has begun

Ethereum: Spot ETFs Approved!

Trading has just started for spot ETFs on Ethereum. Discover everything about these new financial instruments in the crypto world.

Spot ETFs on Ethereum approved exactly two months ago on May 23, are finally available on the market. After more than two months of discussions between the Securities and Exchange Commission (SEC) and American investment funds, these long-awaited financial instruments are tradeable from 12:30 PM UTC. 

Discover ETH price!

What are the main predictions for capital inflows in the coming months and the price of Ethereum? Find out in the article!

The launch of Ethereum ETFs 

The approval of spot ETFs on Ethereum, which seemed quite unlikely at the beginning of the year, came on Thursday, May 23, 2024, while the SEC gave the green light for trading today, Tuesday, July 23. The investment funds issuing them are BlackRock, Fidelity, VanEck, ARK Invest, 21 Shares, Grayscale, Hashdex, and Invesco. These players, already issuers of spot ETFs on Bitcoin, can now offer their clients these brand-new financial instruments as well.

Those following the issue would have noticed the differences compared to the launch of b instruments on BTC, which were immediately available after approval. The main reason behind these differences concerns the event’s credibility. Few expected the approval of Ethereum ETFs, while Bitcoin’s approval seemed almost certain before it was officially confirmed by the SEC.

Capital inflows and price impact

After the launch of Ethereum ETFs, we can confirm that 2024 marks a new era for the cryptocurrency sector, characterised by a radical change in perception compared to past years. Additionally, the time interval between the launch of Bitcoin ETFs and ETH ETFs allows us to analyse likely future developments and make data-supported predictions.

Bitcoin ETFs have attracted about $17 billion to the market since January 10, 2024, with Bitcoin’s price increasing by over 50% since the approval day. What will happen to Ethereum?

Of course, it is difficult to imagine this level of adoption for these financial instruments on Ethereum, but it is worth noting that the crypto’s market capitalisation is about one-third of Bitcoin’s. Therefore, the ETFs may significantly impact the price even if the inflows are lower.

In this regard, Crypto.com expressed its views in a report published a few days ago. The Exchange believes that if the performances of these two ETFs are similar, Ether could reach the $6,000 level within 60 days of trading.

Buy ETH!

And the capital inflows? Various predictions have been made on this aspect. For example, Standard Chartered, one of the leading banks in the United Kingdom, predicts that Ethereum ETFs will record inflows between 52% and 155% compared to Bitcoin ETFs. Conversely, analysts from Bloomberg and JP Morgan are a bit more pessimistic, expecting inflows of 20%- 25% and 7%- 21%, respectively, compared to BTC ETFs.

Finally, suppose these reflect the difference in market capitalisation between the two cryptos. In that case, we will see inflows at a ratio of 1 to 3, meaning about $6 billion could flow into Ethereum over the next seven months.

Bitwise donates part of profits to Ethereum developers

We conclude this article with an interesting fact about Ethereum ETFs. Bitwise, one of the eight investment funds issuing a spot ETF on Ethereum, will donate 10% of the profits from trading these financial instruments to Ethereum developers.

According to the recent announcement, the donations will be divided between two organisations: Protocol Guild and PBS Foundation. Protocol Guild supports over 170 developers dedicated to Ethereum’s “research and development” segment. PBS Foundation is a non-profit organisation that funds Ethereum’s open-source development and related research.Today, it will be long remembered by enthusiasts in this sector. The first months of 2024 have kicked off a new chapter in the history of this innovative technology, also thanks to the arrival of Ethereum ETFs. Compared to last year, the status quo has completely changed: Ethereum is not a security, and for the first time, a crypto other than Bitcoin will be tested in the traditional investor market.


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US FOMC: no rate cut in April. How did the market react?

US CPI Data Today: Inflation Results & Market Impact

The FED and its president, Jerome Powell, have decided that interest rates will remain unchanged. When will we see the first cut?

The situation on interest rates has changed dramatically compared to last month. Chairman Jerome Powell announced the Federal Reserve’s (FED) decision of 1 May 2024, which ruled out a rate hike in the coming months. 

This statement denotes a change of course on the part of the US central bank, as its president had announced his intention to make at least three rate cuts during 2024 in past meetings.

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The Fed’s decision

The FOMC (Federal Open Market Committee) meeting on 1 May ended like the four previous ones, i.e. with nothing. The Federal Reserve decided not to change interest rates, which remain fixed in the range of 5.25% to 5.5%. What weighed on the decision, which was taken by a unanimous vote of all meeting participants, was mainly inflation. According to the latest Consumer Price Index (CPI) data, published on 10 April 2024, inflation in the US stands at 3.5%, still well above the 2% target.

In short, the current scenario is very different from the one assumed at the beginning of 2024. At that time, experts predicted six or seven downward adjustments in interest rates, in the grip of the wave of optimism that had swept through the investment sector. In March, then, after revising expectations, Powell announced his intention to make at least three cuts during 2024 starting in June.

The labour market also falters

In April, the US labour market was also less buoyant than in previous months. According to the report released in early May, the unemployment rate rose and new jobs were fewer than analysts had expected.

The ‘Nonfarm Payrolls‘ figure, i.e. payrolls excluding the agricultural sector, returned +175,000 instead of the +240,000 expected, while the unemployment rate rose from 3.8% to 3.9%. These figures are particularly harmful compared to those of March (around 300,000 new jobs and the unemployment rate at 3.8%), reflecting the market’s optimism.

The reaction of the markets

Although, in theory, the postponement of the interest rate cut should not be exactly positive news for the markets, the major US indices reacted well to the FOMC decision.

On the same day, the S&P 500, the index tracking the performance of the five hundred most capitalised American companies, lost about 1.5%, only to recover in the following days. It is currently in the 5,185 area, thanks to a bullish movement that started the day after the meeting of about +3.5%. The NASDAQ and the Dow Jones also performed well over the past week. They rose by 4.7% and 3% respectively. 

In recent months, the performance of the US stock market seems increasingly decoupled from the country’s monetary policy. The leading indices are close to all-time highs and do not suffer from the periodic postponement of interest rate cuts.

What will the Federal Reserve decide in the coming months? The central bank’s main objectives remain the same as in March: to control inflation and promote employment, although the situation has worsened compared to two months ago. Will inflation go back down, and will this allow the US central bank to proceed with the first, long-awaited interest rate cut? Or will the FOMC and Jerome Powell change their minds again, and the cost of money remains unchanged throughout 2024? 

If we were to see the first scenario, interest in the crypto sector could also grow as government bond yields decrease. You can prepare for this possible scenario by buying Bitcoin on our app!

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The Halving of Bitcoin 2024 has just happened. Why set up a recurring purchase now

Bitcoin's halving has happened: what to do?

Bitcoin’s halving was successful. What to do? Historical data predicts rises in the months following the event, so why set up a recurring buy now?

What should we do now that Bitcoin’s halving has happened? After the rewards for miners have halved, many wonder what will happen to cryptocurrency’s price.

Historically, this event has established a market cycle that seems to repeat itself at similar intervals. Where do we stand now? Could the recent cryptocurrency retracement be an opportunity to buy Bitcoin at a lower price?

Halving Bitcoin, what to do: analysis of the BTC price in 2024

For the price of Bitcoin, 2024 has been an interesting year. At the beginning of the year, BTC was in the $40,000 price range, while today, it orbits around $56,000 after the crypto recorded a new all-time high at $73,000 in March. Just comparing historical data might be the right way to get an idea of its future price targets.

In the days following the 2020 halving, which occurred on 11 May of that year, Bitcoin’s price was in the $8,000 zone. In January 2021, it broke to its current all-time high at $20,000, while less than 12 months after the event, it recorded a new one at $64,000.

The main difference from that market cycle concerns the new all-time high. Bitcoin recorded a new all-time high about a month before the important event.

If you have been with us in the crypto market for a few years, you may remember that BTC rose in a similar move during the bear market of 2018-2019. At that time, the rise was 100%, but then it quickly subsided. Due to the market shake-up over the last few weeks, we are again below the ATH, but given Bitcoin’s performance during 2024, we might reach it again soon!

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How long until the next upturn? 

Looking at Bitcoin’s past bear market performance, we can see that after the bottom, the crypto took some time to recover. Indeed, it has been “water under the bridge” since November 2022, the month in which Bitcoin hit the low point at $15,000. Should it move as it has in the past, that area of the chart will never be reached again.

Still referring to past movements, buying Bitcoin regularly over the next few months could bring great satisfaction. Indeed, one could put the crypto aside at bargain prices, waiting for the explosion that usually occurs a few months after halving.

Of course, one cannot look at the past to predict the future, but knowing historical data is indispensable for making decisions.

What to do? Focus on recurring purchase

What could stimulate the price rise? In the past, Bitcoin’s halving has jump-started crypto. In fact, the halving of rewards has always been the starting point of a new bullish cycle. 

Contrary to what one might think, these price movements and the consequent reaching of new all-time highs never occur suddenly. Above all, the initial phases are usually very slow and gradual and become more explosive after new highs are reached. 

It must also be said that the experts’ forecasts for BTC at the end of 2024 are decidedly optimistic: according to Standard Chartered analyst Geoff Kendrick, the price of Bitcoin, after halving, will easily touch $100,000. For TechDev, the outlook is at $160,000.

Setting up a recurring purchase in pre-halving Bitcoin only takes a few minutes. Go to the Piggy Bank section of the Young Platform app, choose the amount and frequency you want and start saving your cryptos by taking advantage of the bear market!

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*The information in this article is for educational purposes and is not an incentive to invest. It is based on historical and objective Bitcoin market data, and the charts do not represent future predictions. The performance of any cryptocurrency portfolio is always subject to market conditions and volatility.

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Halving Bitcoin: the complete list

Historical Halving Bitcoin: complete list and dates

Bitcoin halving: here’s the history and dates to keep in mind. When did they occur, and what happened to Bitcoin issues?

There have been three halvings of Bitcoin in history so far, and the dates of each have always been closely monitored. This mechanism, internal to the system, regulates the gradual decrease in rewards given to miners who validate blocks. It reduces crypto in circulation and thus maintains scarcity, and it is one of the most anticipated moments for the entire crypto market.

In this article, we will look at the history of Bitcoin’s halving by specifying the dates on which these halvings occurred and try to understand their effect on the price. So far, during the halving market cycles, Bitcoin’s price growth has been more than exponential.

You will find a complete guide to the upcoming 2024 Bitcoin halving at the following link.

Halving of 2012

The first Bitcoin halving in history took place on 28 November 2012. This event marked a crucial turning point for the crypto world, as this mechanism was activated for the first time. 

In the months that immediately followed, the price of BTC was not positively affected by the event. However, from the beginning of 2013 onwards, the value of the crypto began to rise steadily, reaching a high of over $1,100 in April. This figure, which seems derisory to this day, was impossible to predict at the time and was reached from the $8 level, thanks to a bullish movement of 12,000%.

  • Date: 28/11/2012
  • Block number: 210,000
  • Rewards per block: 25 BTC
  • Price: $12
  • Price one year later: $964

Halving of 2016

The second halving in Bitcoin’s history took place on 9 July 2016. Because of BTC’s incredible performance in the months following the first halving, many expected the price to rise, which indeed came in May of that year. A few days before, the rewards for miners halved. However, the value plummeted from $750 to $450. In the following months, digital gold literally exploded to the upside, its value orbiting around the $20,000 mark a year and a half later.

  • Date: 09/07/2016
  • Block number: 420,000
  • Rewards per block: 12.5 BTC
  • Price: $663
  • Price one year later: $2550

The halving of 2020

The pandemic’s start strongly influenced Bitcoin’s price action at the third halving in history (May 2020). After the disastrous performance in 2018, Bitcoin’s price returned strongly in early 2019. However, the arrival of Covid-19 also strongly influenced digital gold, which lost more than 60% of its value from January to April.

After touching the low point on 20 April 2020, it resumed strongly, using the following month’s halving as a ‘launching pad’. The bullish market cycle of the third halving in history culminated in the current ATH at $69,000.

  • Date: 11/05/2020
  • Block number: 630,000
  • Rewards per block: 6.25 BTC
  • Price: $8,740
  • Price one year later: $58,000

Want to prepare for the next halving coming? Consider accumulating some Satoshi through recurring buying. That way, you won’t suffer too much from market volatility.

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Halving 2024: Where can Bitcoin go from here?

  • Date: 20/04/2024
  • Block number: 840,000
  • Rewards per block: 3,125 BTC
  • Price: $64,500
  • Price one year later: N/A

Now that the halving of 2024 is behind us, one might wonder whether this event will make history in the crypto sector as it has in the past. It has to be said that Bitcoin and the entire cryptocurrency sector are very different from when its predecessors took place. By now, BTC has become a recognised asset even by institutional investors, especially after the approval of spot ETFs issued by large US funds.

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Therefore, it can be useful to compare it with other assets to try and predict how it will behave. For instance, there are those who see BTC as the digital store of value par excellence and, therefore, believe that its price can grow tremendously. Today, the market capitalisation of gold (the most important physical store of value) is twelve times larger than that of BTC. 

Some instead think that crypto will become the native currency of the Internet. According to the scenario, there is still a lot of room for expansion of this market; the adoption of Bitcoin is still very limited compared to that of the network.

In short, from a historical perspective, the halving of Bitcoin has always positively influenced prices. Of course, one cannot say that the bullish phases of the past were caused solely by these events, but they certainly contributed to a positive narrative.


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Bittensor (TAO) is available on Young Platform

TAO is available on Young Platform

Starting today, you can purchase a new crypto on Young Platform Pro: find out all the information about Bittensor (TAO)!

From now on, you can buy and sell Bittensor (TAO) on Young Platform! A blockchain protocol dedicated to artificial intelligence models. Deposits and withdrawals are not available for this cryptocurrency. For more information, read our Terms and Conditions.

Bittensor (TAO): what do you need to know?

Bittensor (TAO) aims to decentralize and democratize access to artificial intelligence. This protocol enables collaborative, decentralized AI models and thus aims to overcome the limitations of centralized ones. The active consensus mechanism on this network is managed by a Proof-of-Intelligence algorithm composed of nodes that evaluate each other’s contributions according to utility and quality standards.

How to use TAO on Young Platform Pro

Here are all the features available for Bittensor (TAO) on Young Platform Pro:

  • Buying and selling with USDT

What are you waiting for? Access the app or the web version of Young Platform to purchase this innovative cryptocurrency!
Attention! Bittensor (TAO) can only be bought and sold but not withdrawn or deposited to and from Young Platform.

This message is for informational purposes only. Listing a new crypto-asset on the platform does not constitute a recommendation to purchase, nor a guarantee of the asset’s future value. Users are encouraged to conduct their own independent evaluations, taking into account the risks associated with investing in crypto-assets, including the possibility of total loss of capital.