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The SEC's decision on bitcoin ETFs looms as InQubeta's ai cryptocurrency gains traction in the market.
The cryptocurrency sector has been on tenterhooks over the prospects of detecting bitcoin exchange-traded funds.
After several companies, including ARK Investments and BlackRock, showed interest in launching bitcoin ETFs, the ball is now in the US Securities Exchange Commission's (SEC) court.
All eyes are on the SEC after ARK claimed its talks with the regulatory body have “moved forward.” Accumulating ETF speculation has propped up bitcoin (btc) prices.
The cryptocurrency market has also been boosted by the recent success of Qubeta (QUBE), an ai-powered cryptocurrency.
Launched earlier this year, it is a decentralized crowdfunding service for startups working on artificial intelligence projects. InQubeta has created a huge fan base due to its simple mechanism.
With pre-sale funding of over $6.7 million, it now enjoys a place on many analysts' list of best cryptocurrency ICOs for 2023.
InQubeta is helping ai startups write a success story
InQubeta is a convenient fundraising option for ai startups as it is transparent and hassle-free. Companies seeking financing and their investors connect with a DeFi model without intermediaries.
InQubeta's innovative mechanism eliminates fraud and helps startups accelerate their growth process.
To ensure that all payments are processed smoothly, the platform uses its native cryptocurrency. It is called QUBE token and has a supply of 1.5 billion. Most of the supply is used for public sale, while the remainder finances the cost of running InQubeta.
Investors could consider QUBE tokens if they don't want to waste time thinking about which cryptocurrencies to buy now.
The QUBE token offers a lot of money-making opportunities, such as staking. The feature allows you to earn money from an asset without losing ownership. Staked tokens are locked for a predetermined period and support the platform while allowing token holders to earn rewards. The remuneration comes from a separate common fund financed by tax revenues.
With InQubeta, startups and investors interact through a transparent and decentralized model. There are no third parties or formalities, and your interactions are affirmed as safe and fair. Using tokenization, startups present their offerings as NFTs to investors.
NFTs are available for purchase on the InQubeta online marketplace. NFTs represent the benefits that an investor can obtain after investing in a startup. NFTs can also be easily fractionated to meet the needs of smaller investors.
InQubeta has a decentralized and democratic decision-making mechanism. In the event that a protocol change is recommended to the team, it is first discussed internally and then put to a vote. Token holders decide whether the suggested improvements are worth implementing.
The method prevents irrelevant changes from being made to the protocol. By allowing token holders a key role in decision-making, InQubeta also evokes a sense of responsibility among them.
Hailed as one of the altcoins to watch, the QUBE token's deflationary mechanism keeps returns protected from inflation. The feature keeps the supply of tokens limited to check for price fluctuations.
If the supply increases, it is reduced by burning excess tokens. The InQubeta team periodically destroys a portion of the taxes collected from the purchase and sale of QUBE tokens.
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Institutional Investors are Bullish on bitcoin: Bybit Research Study
bitcoin is the pioneering cryptocurrency that made the world believe in economic freedom and the power of decentralized digital assets. As the first crypto token to hit the market, it is still considered a time-tested asset.
Its native token is btc and all transactions are validated with the proof-of-work protocol.
A recent study by Bybit Research stated that institutional investors showed bullish sentiment towards bitcoin and treated other altcoins with skepticism.
The research was based on data from December 2022 to September 2023 and the trading behavior of analysts amid market fluctuations. The study also showed that most investors allocated up to 50% of their portfolios to bitcoin.
bitcoin and InQubeta
Sustained growth and analyst confidence in its potential make bitcoin and InQubeta some of the best cryptocurrencies to buy now.
If bitcoin has the advantage of being a veteran name, InQubeta is a future-proof crypto project. The two coins represent how decentralized finance can impact the future by transforming ecosystems.
The two cryptocurrencies have strong security frameworks that guarantee the privacy of users and the protection of their assets. For analysts, bitcoin and InQubeta are among the names that are unlikely to be forgotten anytime soon and could drive big price moves in the long term.
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