Mysterious Billboard Hints at Upcoming Bitcoin Halving Event
Bitcoin has reached its all-time high of $64K since December 2021! As Bitcoin continues to gain momentum, curious citizens in Istanbul and Manila witnessed an unusual sight on February 26th—a massive billboard promoting Bitcoin’s 2024 halving, with the message “Bitcoin Halving, a Story of Less is More” displayed in the video. This mysterious outdoor advertisement sparked curiosity and speculation about the creators behind it.
What is Bitcoin Halving?
Bitcoin halving occurs approximately every four years and refers to an inherent mechanism that reduces the block reward of Bitcoin (the amount miners receive for processing blockchain transactions) by 50%. The upcoming halving in 2024 is expected to decrease the block reward from 6.25 Bitcoin to 3.125 Bitcoin. This predictable issuance tightening reduces the inflation rate over time, making Bitcoin an increasingly scarce digital asset, akin to “digital gold.” As Bitcoin becomes scarcer, halving is seen as a bullish event that is expected to drive up its price in the long run. The previous two halvings occurred before significant price surges in Bitcoin’s history, which is why this milestone is crucial for the cryptocurrency industry.
CoinEx Revealed as the Creator of the Mysterious Advertisement
Given the importance of Bitcoin halving in the cryptocurrency field, these mysterious outdoor ads indicate that there will be a large-scale event surrounding the 2024 halving. Shortly after the billboards appeared, the global cryptocurrency exchange CoinEx claimed to be the creator of this mysterious advertisement. The unconventional outdoor ads and the subsequent video sparked debates—is this merely a striking promotion strategy by CoinEx or a tribute to the milestone Bitcoin halving in the blockchain world?
CoinEx is renowned for its brand philosophy of “experts” and aims to introduce Bitcoin halving to cryptocurrency newcomers through its intuitive interface and user-friendly cryptocurrency trading platform. Its mission is to empower people through cryptocurrencies. The exchange provides a professional, powerful, and seamless trading experience, offering over 880 cryptocurrencies for trading, catering to both seasoned and novice users. With the countdown to the 2024 halving underway, CoinEx has already begun promoting related information and piqued public interest through unconventional advertisements. This has led more people to closely follow the cryptocurrency field and understand the motivations behind halving. We will continue to track this unfolding story and provide updates when CoinEx releases more details about the 2024 Bitcoin halving event. Interested readers can also follow CoinEx’s official Twitter account and YouTube channel for the full video on the CoinEx 2024 Bitcoin halving on March 2nd.
About CoinEx
Founded in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services to over 5 million users from more than 200 countries and regions, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services. Since its inception, CoinEx has always adhered to the service principle of “user-first.” With a sincere intention to cultivate a fair, respectful, and secure cryptocurrency trading environment, CoinEx enables individuals with different levels of experience to easily enter the world of cryptocurrencies by offering user-friendly products.
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