​​SEC Approves Bitcoin ETF; Promising Low-Cap AI Altcoin Readies for Surge

​​SEC Approves Bitcoin ETF; Promising Low-Cap AI Altcoin Readies for Surge

The crypto community's long wait for the rollout of spot Bitcoin (BTC) exchange-traded funds (ETFs) has finally come to an end. With the US Securities and Exchange Commission (SEC) giving the crypto asset a green light, the market is abuzz with possibilities that the move could usher in. 

The USP of Bitcoin ETFs is that it enables individuals and companies to increase their exposure to Bitcoin without owning it. 

According to analysts, InQubeta (QUBE) is another token that has been showing a lot of promise. The platform helps startups working on artificial intelligence-based projects find investors for them. It shot to fame after being named one of the best new ICOs of 2023, just months after its launch. Its presale funding currently stands at $8.2 million and is rising fast.

InQubeta: Supporting startups working in AI

InQubeta is a startup-friendly project that promotes a fuss-free approach to raising funds. Its key draw is its transparent investment model where companies pitch their projects as NFTs and buyers buy either the entire asset or a part of it. 

The NFT is designed by tokenizing offers submitted by startups for potential investors. The NFT marketplace enables investors to carefully evaluate different opportunities and then make a purchase. All NFTs are bought with InQubeta's native cryptocurrency, the QUBE token. 

The cryptocurrency is used for not just settling payments but for other transactional purposes like staking, tax collection, and giving out rewards.

Owners of this top altcoin play a key role in decisions concerning protocol changes. QUBE token holders get voting privileges to decide whether a suggested change should be implemented. 

Using their knowledge, they can decide if the proposed change can have the desired impact and then vote accordingly. Community members can themselves move such proposals too.

InQubeta also enables startups to scale their business with valuable services and guidance from experts. For business development, startups can interact with AI experts with InQubeta's help and learn from their experience. They can find mentors who will guide them at every step of the journey.

Building a business involves multiple legal and financial challenges. InQubeta's legal and accounting support helps companies counter these problems through guidance from a team of advisors. 

If startups are struggling with marketing, InQubeta has a service ready for that too. By leveraging its marketing services, startup teams can connect with experts from various fields and expand their network.  They can ensure that more people hear about their brand by using its social media channels.

The InQubeta team has created a roadmap for the platform for consistent development. In the coming years, the team has planned several initiatives to increase the platform's following and make it more resourceful. 

These initiatives include getting the QUBE token listed on a centralized exchange, increased marketing, and launching a staking dApp.

ARK Invest's Cathie Woods sees Bitcoin crossing $1.5 million by 2030

For many people, the word cryptocurrency is synonymous with Bitcoin as it is one of the oldest blockchain-based assets. It is a permissionless cryptocurrency that is used widely for fast and secure digital payments. It has withstood the competition from new altcoins with its user-friendly model.

Its native token is BTC and all transactions with the token are secured by the proof-of-work algorithm. 

Bitcoin has had a stellar year as its price reached new highs in 2023 propped up by factors like the buzz around spot ETFs. 

The companies that filed applications with the SEC for introducing their ETFs included some big names like BlackRock, Grayscale Investments, and ARK Invest. 

Gauging market indicators, analysts believe that Bitcoin is likely to amplify its gains from 2023 and its holders should consider increasing their holdings. 

It's not just analysts who are optimistic about Bitcoin's prospects. Recently, ARK Invest CEO Cathie Wood claimed that she sees Bitcoin crossing $1.5 million by 2023, as the  SEC has now approved the Bitcoin ETF applications of several firms.

Conclusion

InQubeta and Bitcoin are among the options that analysts are likely to recommend if you ask them about the best cryptos of 2024. The two tokens deserve the attention that they have been getting as their prices continued to surge even when market conditions weren't ideal.

These ecosystems use Defi to help both individuals and enterprises become financially independent. Their decentralized models encourage user participation and reward them for their efforts. They continue to boost users' confidence with cutting-edge security frameworks.

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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