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Bitcoin recently crossed $44,000, a significant milestone for the crypto this year. This surge is attributed to positive indicators regarding U.S. interest rate cuts and the expectation of a Bitcoin ETF approval.
The upward trend suggests a revitalized crypto market after the previous year’s challenges.
Alongside the rise of Bitcoin, altcoins such as InQubeta (QUBE) and Fetch.AI (FET) have benefited from the positive market sentiment.
InQubeta reshaping AI tech investments
InQubeta integrates AI with blockchain, thereby attracting the attention of investors and traders alike.
Its approach to democratizing AI startup investments has opened up new avenues for investors seeking to capitalize on the potential of AI-driven ventures.
The platform enables participation in crypto AI startups through NFTs, breaking down barriers and making such investments more accessible to a broader audience.
At the heart of InQubeta’s mission lies QUBE, a deflationary ERC-20 coin. Its governance feature empowers investors to actively shape the platform’s direction, aligning with the core principles of decentralized finance.
InQubeta’s roadmap envisions the development of an NFT marketplace and cross-chain expansion by 2024. Moreover, its smart contracts have been audited by Hacken, and it has also received KYC verification from BlockAudit.
In the ongoing presale, InQubeta has raised over $6.4 million.
Bitcoin breaks above $40,000
Bitcoin recently broke above $40,000 before floating to as high as $44,000, signaling growing momentum and investor confidence after a prolonged bear market.
The anticipation of a possible SEC approval for a spot Bitcoin ETF is driving demand.
Notably, the product could enable more mainstream retail and institutional investors to gain exposure to Bitcoin through traditional stock market channels rather than direct crypto purchases.
If confirmed, a Bitcoin ETF could facilitate greater capital inflows from cautious investors, strengthening Bitcoin’s position and validity.
Fetch.AI pioneers decentralized machine learning
Fetch.AI is a player in the decentralized machine-learning industry.
It uses FET, its utility coin, to power various applications such as asset trading, gig economy work, and energy grid optimization.
The platform has demonstrated its potential for innovation with its initial decentralized finance application on Uniswap.
Conclusion
Bitcoin has surpassed $40,000 and is now at around $43,900. InQubeta and Fetch.AI could rally, rising in sync.
InQubeta’s AI-driven investment approach and advancements in decentralized machine learning may go a long way in shaping the future of digital finance.
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