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SEC decision on Bitcoin ETF looms as InQubeta’s AI cryptocurrency gains traction in the market.
The crypto sector is on edge over the possibility of discovering a Bitcoin exchange-traded fund (ETF).
The ball is now in the hands of the U.S. Securities and Exchange Commission (SEC) after multiple companies, including ARK Investments and BlackRock, expressed interest in rolling out a Bitcoin ETF.
All eyes are on the SEC after ARK claimed it had made “progress” in discussions with regulators. Rising speculation in ETFs is pushing up Bitcoin (BTC) prices.
The cryptocurrency market is also buoyed by the recent success of InQubeta (QUBE), an AI-driven cryptocurrency.
Launched earlier this year, it is a decentralized crowdfunding service for startups working on AI projects. InQubeta has created a wide fan base due to its simple mechanism.
It has raised over $6.7 million in pre-sale funding and is currently on many analysts’ lists of the best crypto ICOs of 2023.
InQbeta helps AI startups script their success stories
InQubeta is hassle-free and transparent, making it a convenient funding option for AI startups. Companies seeking capital and their investors connect in his DeFi model, where no intermediaries are involved.
InQubeta’s innovative mechanism eliminates fraud and helps startups accelerate their growth journey.
To ensure that all payments are processed seamlessly, the platform uses native cryptocurrencies. It is called the QUBE token and has a supply of 1.5 billion. The majority of the supply will be used for general sales, with the remainder going towards InQubeta’s operating costs.
Investors may consider the QUBE token if they don’t want to waste time thinking about which cryptocurrency to buy right now.
QUBE token offers many earning opportunities such as staking. This feature allows you to earn money on your assets without losing ownership. Staked tokens are locked for a predetermined period of time, allowing token holders to earn rewards while supporting the platform. Compensation is provided by a separate pool funded by tax revenues.
With InQubeta, startups and investors interact through a transparent decentralized model. There are no third parties or procedures, and the interaction is claimed to be safe and fair. Using tokenization, startups market their offers to investors as her NFTs.
NFTs can be purchased on InQubeta’s online marketplace. NFTs represent the benefits investors receive after investing in a startup. NFTs can also be easily segmented to suit the needs of small investors.
InQubeta has a decentralized and democratic mechanism for making decisions. If a protocol change is recommended to the team, it will first be discussed internally and then put to a vote. Token holders will decide whether the proposed improvements are worth implementing.
This method prevents extraneous changes to the protocol. InQubeta also inspires a sense of responsibility in token holders by giving them a key role in decision-making.
Recognized as one of the altcoins to watch, the deflationary mechanism of the QUBE token continues to protect profits from inflation. This feature limits the supply of tokens to check price fluctuations.
As the supply increases, it is reduced by burning excess tokens. The InQubeta team regularly discards a portion of the taxes collected on the sale and purchase of QUBE tokens.
Institutional investors are bullish on Bitcoin: Bybit Research survey
Bitcoin is a pioneering cryptocurrency that made the world believe in the economic freedom and power of decentralized digital assets. As the first crypto token to hit the market, it is still considered a proven asset.
Its native token is BTC and all transactions are verified with proof-of-work protocols.
A recent survey conducted by Bybit Research claimed that institutional investors have shown bullish sentiment towards Bitcoin and are treating other altcoins with skepticism.
The study was conducted based on data from December 2022 to September 2023 and analysts’ trading behavior during market fluctuations. The survey also showed that most investors allocate up to 50% of their portfolio to Bitcoin.
Bitcoin and InkBeta
Sustained growth and analyst confidence in its potential make Bitcoin and InkBeta one of the best cryptocurrencies to buy now.
If Bitcoin has the advantage of being a veteran name, InQubeta is a forward-looking crypto project. The two coins represent how decentralized finance can impact the future by transforming the ecosystem.
The two cryptocurrencies have robust security frameworks that ensure user privacy and protection of assets. For analysts, Bitcoin and InkBeta are among the names that are unlikely to be forgotten anytime soon and can cause large price movements over the long term.
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