Coinbase, the leading cryptocurrency exchange platform, has released a Bitcoin halving commercial to build anticipation for the highly anticipated event. The commercial showcases the growing value of Bitcoin since its arrival in 2009 and visually displays the difference in how much pizza you could buy with Bitcoin in every four-year cycle. The Bitcoin Halving is set to take place on April 19, 2024, and will see the circulating supply of the digital asset sliced in half, leading to an increase in the value of the assets and potentially impacting the overall digital asset market.
In anticipation of the event, Coinbase has debuted a Bitcoin Halving commercial that visually depicts the greatest difference between Bitcoin and traditional currency. The ad starts with the statement, “Over time, your money gets you less; does Bitcoin?” and then showcases the differences in value in four-year intervals, which coincides with the Bitcoin Halving taking place. The market is highly anticipating this event, as it will significantly impact the Bitcoin ecosystem and potentially the entire digital asset market.
Bitcoin has already had a remarkable year, with the US Securities and Exchange Commission (SEC) green-lighting the inaugural issuance of Spot Bitcoin ETFs in the United States in January. This led to a surge in prominence and value for the digital asset, which reached its all-time high in March at $73,000. With the highly anticipated halving event just days away, the value of Bitcoin is expected to surge even further, making it an exciting time for investors and enthusiasts alike.
