Buying up Bitcoin (BTC) might be the best crypto investment you can make right now, as the consensus is that prices will rise exponentially in 2024 now that the US Securities and Exchange Commission (SEC) has approved Bitcoin exchange-traded funds that met its ETF acceptance criteria.
BTC prices broke the $49,000 resistance level shortly after ETFs were approved, but they dropped back down soon after. Many believe it's only a matter of time before BTC goes on a historic bull run, and it could lead to over a billion dollars in short positions being liquidated as prices surge. Bitcoin's market cap is currently at $830 billion.
As profitable as investing in BTC ETFs or Bitcoin directly could be, it likely won't be as much as InQubeta (QUBE) investors earn this year. The decentralized finance platform seeks to make artificial intelligence (AI) investment opportunities more accessible for everyday people. It intends to serve as an alternative to mainstream investment avenues and their elitist requirements.
InQubeta's is one of the most promising AI-focused cryptos around and some analysts are comparing its growth potential to Bitcoin. It delivers a solution that billions of people around the world have been waiting for: easy access to AI investments.
Investing through mainstream investment channels is often quite the challenge for a large number of people, thanks to income, geographic, or net worth requirements. InQubeta democratizes access to these investment opportunities so everyone who wants to invest in AI can do so.
InQubeta's blockchain is built on the Ethereum network, giving it its parent blockchain's functionality and security. This functionality is what InQubeta uses to create a unique investment model.
Here's what it looks like:
Artificial intelligence is on course to reshape the planet, and it will also create some of the biggest investment opportunities most of us will ever see. InQubeta now gives everyone, anywhere access to these investments.
One of the co-founders of Glassnode, who goes by the moniker Negentropic, recently highlighted how liquidity impacts BTC prices. He believed the recent surge the popular cryptocurrency has enjoyed provides liquidity for long positions and pointed out the $659 million in liquidations that have occurred so far and how they've pushed prices downward.
Negentropic believes that a Bitcoin bull run now could lead to over a billion dollars worth of short positions being liquidated. This scenario is called a 'short squeeze', and it is typically followed by tremendous price surges.
BTC prices appear to have found some stability at the $42,000 resistance level, and its upcoming halving event should help move prices upward in the coming weeks.
QUBE and BTC are two of the best cryptos to buy now to earn major profits by the end of the year. BTC prices could surge as much as 400%, while QUBE's value could grow by as much as 10,000%.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.