Last weekend, digital billboards popped up in Bangkok, surrounding areas, and major cities across the country showcasing creative advertising pieces from Bitkub Labs Company Limited, the provider of “Bitkub Academy,” a leading educational center for blockchain technology and digital assets in Thailand. With the message: “The greatest Bitcoin phenomenon is about to happen,” along with a temporary display of the countdown to the fourth Bitcoin halving, another important event for cryptocurrency investors at home and abroad. Thailand and the world are waiting and watching closely.
This is because Bitcoin halving is a phenomenon where Bitcoin mining rewards are halved every 4 years, leading to an already limited supply of Bitcoin. It will be more limited while demand increases, recording the highest price for Bitcoin after the phenomenon of Bitcoin halvings in the past 3 times. The price increases with each round. The highest price after the Bitcoin halving the first time (2012) was 37,657 baht, the second time (2016) it was 632,450 baht, an increase of 1,579%, and the third time (2016 (2020)) it reached 2,486,034 baht, an increase of 293%, and it is expected that Bitcoin's fourth halving occurs in April. Investors expect Bitcoin and the cryptocurrency industry to have a better trend based on the statistics of the past three times. Including this time, there is another important factor such as the approval of Bitcoin Spot ETF by the US Securities and Exchange Commission which will lead to financial institutions increasing the demand for investing in Bitcoin.
Bitkub Academy has put up digital billboards across the country to join together in the countdown to the fourth Bitcoin halving. After creating the phenomenon of billboard invasion to make the city green in the past 2021, everyone can join the countdown at https://www.bitkub.com/halving/
———————-
*Content comes from Bitkub Labs Company Limited, which is not a business operating company regulated by the SEC.
Warning: Cryptocurrencies carry a high level of risk. You may lose the entire investment amount.
“Reader. Infuriatingly humble coffee enthusiast. Future teen idol. Tv nerd. Explorer. Organizer. Twitter aficionado. Evil music fanatic.”