After months of witnessing heavy buying, the euphoria surrounding Bitcoin ETFs (ETC) appears to be wearing off. Spot ETFs were launched in the US following a historic decision by the country's regulatory authorities.
Its debut was as institutional validation of cryptocurrencies and guaranteed more regulated access to assets. The change also benefited Bitcoin's performance, one of the main cryptocurrencies .
While crypto enthusiasts applauded its launch, many critics claimed the development could spark concerns of possible manipulation. A section of experts also believe that crypto ETFs could lead to a redistribution of wealth where the less informed would be at odds.
The negative outlook on ETFs contrasts with the growing interest in the altcoin InQubeta (QUBE) led by AI. The platform offers AI-based investment opportunities for crypto users and has a decentralized model of operations. The emerging crypto surprised the market with its phenomenal pre-sale success – over $13,6 million was raised.
InQubeta: Merging the benefits of AI and DeFi
No InQubeta All transactions and payments are made with its native currency, the QUBE token. The supply of 1,5 billion coins is divided between different use cases, with public sales being a priority.
The team only kept 35% of the tokens to cover overhead expenses such as marketing, legal, and developer-related payments.
Most of the supply was sold during the pre-sale phases. Despite this, the supply of the QUBE token may not always be the same. The currency is built on a deflationary model that reduces supply depending on market conditions.
The more volatile the market, the lower the supply would be. Poor supply helps increase the value of the asset and at the same time reduces price fluctuations.
Even if the supply increases, it is reduced again by burning the unwanted tokens and removing them from circulation. The feature makes InQubeta one of the best altcoins to buy now for those looking for long-term gains.
If there is an important decision to be made, InQubeta ensures that all community members have the opportunity to express their opinions. It facilitates this with a decentralized autonomous organizations (DAO) model.
Proposals for changes or suggestions are analyzed by the entire community before being put to a vote. Only token holders can enter the voting process and the result of the vote determines whether a proposal can be implemented.
Bitcoin Core Chain now allows BTC staking
Bitcoin is a good crypto to buy for those who like the simplicity of a DeFi asset. With a hassle-free interface, its native BTC token is used to make fast and secure international payments. These transactions are then confirmed with the proof-of-work protocol for added security.
The BTC token has had a busy year so far thanks to the success of US spot ETFs. These financial products have attracted unprecedented flows as they offer more regulated exposure to cryptocurrencies. However, despite their success, a section of analysts have criticized the funds, citing concerns such as potential exploits.
Another reason that helped Bitcoin advance is the halving event, scheduled for April. The activity will halve miners' rewards as a way to control internal inflation.
In a recent development, Core Chain, a layer-1 network built on Bitcoin, is allowing BTC holders to make staking of the token. A blockchain made this possible with its 'Satoshi Plus' hybrid consensus mechanism – a cross between proof-of-work and proof-of-stake mechanisms.
Conclusion
InQubeta and Bitcoin are among the best crypto investments of 2024 due to its consistent performance. These tokens promise financial independence to their holders with transparent mechanisms that are protected by robust security frameworks.
The evolution of these coins represents how DeFi solutions are leveraging technology to make crypto assets suitable for different user groups.
A pertinent example would be BTC ETFs, which attracted positive investor flows for months after their launch. Despite some critical opinions, many view investment products positively. Additionally, recent developments such as the Core chain, which facilitates token staking, are being seen as an important growth driver for Bitcoin.
The way AI has made its impact felt across industries, there is no turning back now. InQubeta is harnessing the potential of AI by creating a new use case for an otherwise overlooked group of users: startups.
While startups get a regular source of funding, InQubeta users become stakeholders in the former's success story. The cryptocurrency has been successful around the world and is currently available on exchanges such as Uniswap and MEXC.
