BlackRock Moves Towards Bitcoin ETF Approval; Solana And InQubeta Impress Invest...

BlackRock has met with the Securities and Exchange Commission (SEC) once more to discuss its application for a spot Bitcoin ETF. The meeting’s outcome has renewed expectations that the spot ETF would be approved soon. 

Among the heightened market frenzy, two top altcoins, Solana and InQubeta, have piqued the interest of investors. While Solana has risen to the $100 resistance level, InQubeta has introduced AI investment to the NFT sector.

InQubeta Set To Democratize AI Investment 

It is no longer news that artificial intelligence (AI) is changing the world at a breakneck pace. Statista reported that the AI and neural networks will only grow larger as the years progress. While this opens up a massive investment opportunity, not everyone has access to them. InQubeta has unveiled a platform to solve this problem.

InQubeta is a crowdfunding platform that aims to change the way people interact and fund startups in the AI community. InQubeta hopes to lower the cost and ease of use for ordinary investors so that investment in AI startups can be more democratic. The equity of these promising startups will be minted into NFTs and fractionalized on the InQubeta platform.

By breaking up the stock into fractions, each shareholder will have a choice to invest based on his or her capital and enjoy the rewards of becoming an early-stage holder in these firms. The allure of the platform has brought InQubeta huge popularity in the AI and crypto sectors. With over $7.5 million raised so far, the project has joined the list of top ICOs for this year.

The QUBE token is the deflationary asset of InQubeta, designed to provide stability and growth to users. The value of QUBE is anchored by sophisticated tax systems, making it one of the top crypto coins to buy. QUBE is currently valued at $0.01925 but could easily see a price jump of 10x when the InQubeta platform launches in early 2024.

BlackRock Inches Closer To Spot Bitcoin ETF Approval

The cryptocurrency community has been excited about the approval of a spot Bitcoin ETF for most of the second half of 2023. However, the asset manager is now closer than ever to having the BlackRock iShares Bitcoin Trust approved by the SEC.

BlackRock has already held five meetings with the regulator in as many weeks, so reports like these have been met with excitement. The Nasdaq Stock Market’s executive team participated in the meeting, which seems to indicate that there will soon be a spot ETF. After the meeting, BlackRock revised its spot Bitcoin ETF application.

Most experts think that on January 10 of next year, the SEC will approve a limited number of spot ETFs. But this has sparked renewed interest in the world of cryptocurrencies, and the price for Bitcoin has now shot up to around $44,000. With that approval, some estimate BTC will go beyond $100K. Still ranked as one of the best cryptos to invest in, now is still a good time to buy BTC.

Solana (SOL) Impress Investors, Rallies To $100

Throughout 2023, Solana has been one of the best altcoins in terms of price gains. The excitement over the approval of a spot ETF has helped SOL extend its 2023 gains. Since the start of 2023, Solana has now gained more than 840%.

The price of Solana briefly touched the $100 resistance before retracing back to $95. The market cap of the altcoin has grown above $40 billion in the process. As a result, it has climbed to become one of the top 5 cryptocurrencies ranked by market cap.

Conclusion

The anticipation of a spot Bitcoin ETF has created the opportunity for investors to enter and grow their portfolios. While Solana and Bitcoin would see significant gains, the addition of an AI component makes InQubeta the best crypto investment today. You still have a chance to benefit from this initiative by following the links below.

Visit InQubeta Presale 

Join The InQubeta Communities

Disclaimer

For paid/sponsored articles, CryptoMode neither endorses nor takes responsibility for the accuracy, timeliness, quality, and content of said articles. The statements, views and opinions expressed in paid/sponsored articles are solely those of the content provider and readers are reminded that Cryptocurrency products are unregulated in most locations and can be highly risky. Do your own research and consult relevant financial experts before making any investment decisions. Cryptomode will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on this page. If you have any concerns, please email [email protected] or refer to our Terms & Conditions