Kategorie: Bitcoin News

• At press time, Bitcoin was trading at $37,172.29.
• BTC broke the $37K mark in the wake of Javier Milei’s victory in the Argentinian presidential elections.
• Javier Milei is a pro-Bitcoin politician.

Bitcoin experienced a surge, surpassing the $37,000 mark, in the wake of Javier Milei’s victory in the Argentine presidential election.

Milei, a self-described anarcho-capitalist, clinched the presidency with a significant 55% of the votes, signalling a major political shift in the country.

Pro-Bitcoin stance fuels market confidence

Milei, celebrated for his pro-bitcoin stance, has positioned himself as a supporter of decentralized finance (DeFi) and a critic of central banks. His victory has resonated positively within the cryptocurrency community, with Bitcoin enthusiasts optimistic about the potential impact of a pro-bitcoin leader in Argentina.

While Milei sees Bitcoin as a crucial tool for economic revival, it’s important to note that he has not proposed making Bitcoin legal tender in Argentina. Nevertheless, his commitment to reducing the influence of central banks and embracing decentralized financial systems has propelled Bitcoin to new heights.

Market reacts amid AI token sector gains

The broader cryptocurrency market witnessed an overall increase of nearly 2% in the past 24 hours, with the artificial intelligence (AI)-focused token sector leading the gains as explained in a previous news article. 

The Bitcoin and broader cryptocurrency surge appears to be driven by both the political developments in Argentina and unrelated positive developments in rising AI projects.

Traders, however, are expressing caution, highlighting potential market reactions following the release of Federal Reserve meeting notes scheduled for Tuesday. The anticipation of low liquidity towards the end of the week adds an element of uncertainty to the market.

As Bitcoin continues to make headlines with Milei’s victory, market participants will be closely monitoring global economic developments and central bank announcements for further insights into potential market shifts.

This news marks a significant moment in the intersection of politics and cryptocurrency, emphasizing the growing influence of political leaders on the digital asset landscape.

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Bitcoin (BTC), InQubeta (QUBE), and Injective (INJ) are among the top crypto coins to invest in now. BTC, the king of cryptocurrencies, is officially back as its prices surge past the $37,000 mark for the first time in almost two years. Prices have expanded 31% in the past month and there’s a solid chance they will reach $50,000 before the end of 2023. 

Top DeFi projects InQubeta and Injective have enjoyed 130% and 113% price surges respectively. 

InQubeta uses decentralized finance to open up access to artificial intelligence (AI) investments, while Injective provides a wide range of decentralized finance tools from spot exchanges to lending protocols. 

InQubeta (QUBE) surges past $4.6 million 

The InQubeta project has been a massive hit with cryptocurrency investors since the start of its presale raising over $4.6 million in token sales. The ambitious new DeFi project provides an alternative investment medium for those who don’t meet the requirements of traditional investment avenues or don’t have access to them. 

The project aims to help push AI by helping companies that focus on the technology to secure capital, while simultaneously providing easier-to-access investment opportunities. The timing of the project’s launch couldn’t be any better as investor interest in AI is at an all-time high. The capital devoted to AI has grown 12x since 2015, and about $120 billion is invested in AI as of now. That’s an insignificant sum when compared to the $1.5 trillion expected to come into the AI space by 2030.

Artificial intelligence’s role in our lives will increase exponentially in the next several years as concepts that were once restricted to sci-fi content become a reality. Amazon now uses humanoid robots to perform repetitive tasks in one of its warehouses and Coca-Cola just created a new flavour using AI that had been fed large volumes of consumer data. 

AI is on course to create rewarding investment opportunities and those who back the technology position themselves to earn substantial profits. InQubeta now opens access to these opportunities to all who wish to participate. 

A new way to invest in AI

InQubeta showcases the major role decentralized finance will play in the future as it comes up with a secure, transparent, and efficient way for investors to back AI firms. Startups fundraise by making non-fungible tokens that represent investment opportunities. These are InQubeta’s version of stocks and they provide similar benefits. Some even give investors unique rewards like exclusive access to new products developed. 

Also called ERC20 coins, the NFTs made by these AI startups are posted on the marketplace where investors can learn more about the opportunities they represent and purchase tokens they find interesting with QUBE. QUBE can be acquired with top crypto coins like BTC, ETH, and LTC or debit and credit cards.

Investors can monitor the growth of any tokens bought through their InQubeta accounts and they can resell them on the NFT marketplace at any time. 

Injective (INJ) enjoys a massive 113% price surge

Injective is one of the best DeFi projects in the cryptocurrency space and its recent 113% surge is proof of how useful investors find the decentralized financial services it provides. However, technical indicators like its momentum at 2.11 might be a sign a strong reversal is about to occur. 

Bitcoin (BTC) is close to making $50k predictions a reality

Bitcoin (BTC) prices have been on a major bull run in the past 30 days, growing by over 33%, breaking the $37,000 resistance level. 

Standard Chartered’s predictions that BTC will reach $50,000 is a step closer and prices are expected to explode if one of the pending spot BTC ETFs are approved in the coming months. 

Summary

BTC, QUBE, and INJ should be on your list if you’re looking for the best cryptos to buy. QUBE’s growth potential has been compared to where Bitcoin was a decade ago, and prices are expected to grow up to 100x once launched. BTC and INJ could enjoy about 3x growth during that period. 

For more information on InQubeta, visit InQubeta Presale| Join The InQubeta Communities.

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• Cryptocurrency prices have surged to the highest point in more than a year.

• Bitcoin and Ethereum prices have risen to the highest point since May 2022.

• Memeinator has already raised over $1.2 million from investors.

The cryptocurrency market has made a strong comeback in the past few months. Bitcoin has surged from last year’s low of $15,500 to over $37,000. Ethereum has surged to over $2,000. Other coins like Bonk, Solana, Cardano, and Internet Computer have continued soaring.

Why are cryptocurrencies soaring?

There are three main reasons why cryptocurrencies are jumping. First, cryptocurrencies have roared back because of the ongoing adoption of digital coins by institutional investors. Several mainstream companies like Franklin Templeton, Blackrock, Invesco, and Ark Invest. These companies have all applied for spot Bitcoin ETF.

And this week, Blackrock unveiled that it was considering launching a spot Ethereum ETF. Analysts believe that this trend will lead to more adaptation by the biggest investors in the world.

For one, while cryptocurrencies are valued at over $1.4 trillion, their adoption has been mostly driven by retail investors. As such, an embrace by moneyed institutions would have an immediate impact.

Cryptocurrency prices have also risen because of the actions of the Federal Reserve. The bank decided to leave interest rates unchanged between 5.25% and 5.50% in the last meeting. It then pointed to maintain rates at the current level for a while. This situation will likely continue now that Moody’s has lowered the outlook for America’s debt. 

Third, they have jumped because of the upcoming Bitcoin halving, which will take place in April 2024. Historically, Bitcoin tends to do well ahead of the periodic halving event. 

Memeinator to benefit

A key theme during the ongoing crypto rally is that meme coins have made a comeback. Bonk, the popular Solana meme coin that became a sensation in January, suddenly woke up, leading to a major surge. The token jumped to a high of $0.00000030, the highest point since January. 

The rebound of meme coins like Bonk and Floki Inu is a good sign that newer crypto tokens like Memeinator will benefit. Memeinator is an upcoming crypto token that is now in the presale stage.

It is a meme coin that seeks to change the industry. It aims to do that by having a broad ecosystem, which will be powered by Artificial Intelligence (AI). Also, the MMTR token aims to eliminate the competition by investing heavily in marketing. 

There are signs that Memeinator will be a top meme coin. For one, it has already gained traction among investors, as evidenced by the cash it has raised. The developers have already raised over $1.29 million from investors with no major marketing. You can buy the MMTR token here.

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Key takeaways

• Bitcoin is trading above $37k as the broader crypto market rallies higher. 

• Memeinator has now raised more than $1.2 million as its presale attracts more investors.

Bitcoin eyes the $40k level

Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well over the last few weeks. It has added more than 7% to its value in the last seven days and the price of Bitcoin currently stands at $37,100 per coin.

The broader cryptocurrency market has also been rallying, with the total crypto market cap now at $1.4 trillion mark. If the bulls remain in control, Bitcoin could test the $40k resistance level in the short term. 

What is Memeinator?

Bitcoin and the other major cryptocurrencies have been rallying since the start of the week. With the market experiencing a rally, investors could be looking at new projects and Memeinator is one to keep an eye on. 

Memeinator is a Web3 project that is riding the meme coin wave and seeks to provide numerous utilities to users. The team focuses on eliminating worthless memes and improving content creation for users. 

Memeinator also wants to become one of the top meme coins in the cryptocurrency space. The project wants to leverage AI technology to identify worthless memes, allowing investors to know them and avoid them. 

The team pointed out that they will be working hard to ensure Memeinator reaches a $1 billion market cap in the medium term and would achieve this via massive adoption of its platform. 

The Memeinator presale is currently in its sixth stage and the team has raised more than $1.2 million. The MMTR price began the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early-bird investors a whopping 132% ROI at listing.

Furthermore, the developers will launch a Memeinator game at the presale’s conclusion. The Memeinator game players will get to eliminate enemy memes to win some exciting prizes. 

Why is the Memeinator presale attracting more investors?

Memeinator continues to attract more investors thanks to its unique project proposition. The project is appealing to a wide range of audiences, from degens to crypto natives and speculators, giving it the opportunity to become a hit in the market. 

The platform will use AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. Memeinator is also dedicated to uplifting meme culture and quality.

Holders and network participants will be incentivized on the Memeinator network. The MMTR token has some excellent features, such as deflationary mechanisms and rewards for holders, incentivising the project for holders in the long term. 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

Click here to read more about the Memeinator presale.

Is the Memeinator a good investment? 

The Memeinator project has so far raised over $1.2 million since the presale began. The project is an exciting one for investors thanks to its use of AI technology to provide excellent value to investors in the medium and long term.

The team intends to grow the project to a billion-dollar market, and early investors would record huge profits if that happens. With the right level of adoption, Memeinator could become one of the top meme tokens in the cryptocurrency ecosystem. 

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