Bloomberg: Breakthrough in Bitcoin ETF Effort; Decentraland and InQubeta See Impressive Gains

In response to calls to create a Bitcoin spot ETF, the U.S. Securities and Exchange Commission has approved eleven companies to launch their respective Bitcoin ETFs. This is a breakthrough event for the digital investment landscape because it will increase access to Bitcoin (BTC) without dealing with the complications of DEXs (Decentralized Exchanges). It has been a long time coming, considering the amount of effort that compelled regulators to approve it.

Some of the more impressive movers in the market are Decentraland (MANA) and InQubeta (QUBE). MANA has jumped by over 21% this week alone, while QUBE has appreciated more than 16%, making them strong performers in this week's crypto price delivery. This impressive performance of both altcoins has strengthened investors' interest in them, especially in InQubeta's ongoing presale event.

Let's explore the Bitcoin ETF breakthrough while discussing the growth of Decentraland and InQubeta.

InQubeta's (QUBE) Impressive Presale Performance Triggers Bullish Surge 

InQubeta's recent surge continues the sky-high momentum that the QUBE token has been on since last year. Since the crypto ICO launch, QUBE has gone parabolic, shooting more than 220% higher than its initial value of $0.007. This surge comes as the InQubeta platform sees impressive investor growth in its crypto ICO, mainly due to the presale's transition to its 7th stage, where investors can buy QUBE for $0.0224.

QUBE is the governance and the utility token of the InQubeta (QUBE). platform. This token gains value as the platform grows. The platform is a crowdfunding cryptocurrency platform that sources seed funds for AI startups to develop. It plans to achieve this by listing NFTs minted by these startups with investment in AI technologies. Other offerings, such as rewards from a dedicated 5% tax pool to QUBE stakers, have increased InQubeta's appeal as the best crypto investment to make millions.

The reason why InQubeta is able to achieve this growth is the high demand triggered by the realization that it's the best crypto investment to get in on to benefit from the expected boom of AI dominance. In the case of the presale, the platform has pulled some pretty massive numbers. The presale website reports the impressive sale of over 718 million tokens, representing a milestone sum of over $8.2 million. Upon QUBE's launch on DEXs (Decentralized Exchanges), presale investors would have earned an additional 37%, and the platform's plans to introduce cross-chain expansion could skyrocket the value of QUBE.

Decentraland's (MANA) Surge Positions It As A Top-Performing Cryptocurrency 

Decentraland has moved up in the cryptocurrency market after hitting double-digit gains this week. MANA is well known as one of the top altcoins, and it has confirmed this status with a 21% surge in four days after its corrective move towards strong support. In 2023, MANA outperformed manycryptocurrencies with a yearly growth of over 128%, and its recent price action suggests that its bullish momentum bled into the new year. The reason for MANA's recent rally is still elusive, but it shows that the cryptocurrency market is teeming with bullishness. As the GameFi and metaverse sectors gain more speed, Decentraland is positioned to benefit significantly, increasing its investment appeal.

Bitcoin (BTC) ETF Breakthrough Introduces Crypto Sector Expansion

It's been more than a decade since the idea of a Bitcoin ETF was proposed to the SEC by Tyler and Cameron Winklevoss. BlackRock's surprising application for it last year was followed by a denial ruling triggered by regulators' concerns about the risks of BTC and products whose value is tied to crypto. The SEC claimed that companies would not be able to monitor BTC trading, and that would create openings for irregularities and fraud. Fortunately, companies like Ark were able to provide metrics on cash trading and futures, correlating their potential to overcome the SEC's fears. After months of repeated filings and modifications, the Bitcoin spot ETF is finally going live, offering retail and institutional investors the ability to invest in crypto without using exchanges.

Final Thoughts

The SEC's approval of the Bitcoin ETF marks a rare surrender by regulators. Considering the effort that went into it, the expansion its approval will introduce is well worth it. Now the cryptocurrency market could see meteoric growth, and Decentraland and InQubeta are already teasing explosive potential. Decentraland's 21% rally and InQubeta's 16% surge confirm it. Investors should mostly keep InQubeta on their radar because the QUBE token's early-stage success is proof that it could deliver life-changing returns soon.

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