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Will Bitcoin (BTC) to $50K Come Sooner or Later? Interest in Hedera (HBAR) & InQubeta (QUBE) Surges

The cryptocurrency rollercoaster continues, and Bitcoin (BTC), the best crypto to invest in now, has breached the $43K mark, having experienced a 15.46% rise in the first seven days of December. The burning question on everyone’s mind is whether BTC will surge to $50K before the year ends.  This article delves into the factors influencing…


The cryptocurrency rollercoaster continues, and Bitcoin (BTC), the best crypto to invest in now, has breached the $43K mark, having experienced a 15.46% rise in the first seven days of December. The burning question on everyone’s mind is whether BTC will surge to $50K before the year ends. 

This article delves into the factors influencing this rally and explores the buzz around Hedera (HBAR) and the rising star, InQubeta (QUBE).

Bitcoin’s Rally: FOMO or Sustainable Growth?

Bitcoin (BTC) has been on a roll, rising 15.46% in the first seven days of December and flirting with the $44,000 mark, according to CoinMarketCap’s data. The recent surge has triggered a buzz in the crypto space, with questions swirling about the possibility of this top ten cryptocurrency hitting $50K before the year concludes.

The best cryptocurrency experts suggest that panic-buying might be a key driver behind Bitcoin’s continuous ascent. FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, and Doubt) might be pushing investors to scoop up more BTC, anticipating further price increases. However, caution is advised, especially in the volatile world of cryptocurrencies.

Matrixport’s report hints at panic buying, with traders closing out shorts or increasing leveraged longs. While this might contribute to short-term price spikes, it’s not a sustainable strategy for long-term investors. The crypto market’s history is dotted with temporary price hikes caused by such tactics.

As the leader of the top crypto coins eyes the $50K mark, keep in mind the risks associated with panic buying. This is not investment advice but a reminder to “Do Your Own Research” (DYOR) before making any investment decisions in the current BTC landscape.

The Hedera (HBAR) Factor: Speed, Affordability, and Strategic Focus

On the other hand, Hedera (HBAR) enters the spotlight as a distributed public ledger leveraging the Hashgraph consensus mechanism. With remarkable speed (3.43 seconds for finality) and an average transaction cost of $0.0001, the platform distinguishes itself as one of the fastest and most cost-effective blockchains.

Unlike many layer-1 blockchains, Hedera strategically focuses on servicing institutions and companies, particularly those keen on stablecoin applications and micropayment solutions.

Recent partnerships, like Empowa Pay using Hedera to record transactions in African markets, showcase the platform’s potential growth. Surpassing 33 billion network transactions further emphasizes Hedera’s role as a formidable player in the evolving crypto landscape.  These developments have led to a surge in interest in Hebera’s native token HBAR, making it a good crypto to buy now. 

InQubeta (QUBE): The Rising Star

The last point of discussion in this article is InQubeta (QUBE), a revolutionary cryptocurrency for beginners poised to hit the market with a unique proposition. InQubeta addresses the funding challenges faced by startups by providing a crowdfunding platform where investors can easily participate.

The project introduces the most popular NFTs representing fractional investments in AI tech startups, offering a fresh take on utility in the crypto world. Currently in its sixth presale stage, InQubeta (QUBE) has raised an impressive $6.5 million. At 0.01925 USDT, you get one QUBE token, making it an attractive option for early investors.

As InQubeta approaches the end of its presale, the clock is ticking for investors looking to purchase the cryptocurrency at the best prices. The platform’s innovative use of NFTs, investment opportunities, and a staking mechanism have garnered significant attention, paving the way for potentially high returns on investment.

InQubeta’s innovative approach, combining NFTs, investment opportunities, and a staking mechanism, has garnered significant attention. With over 610 million QUBE tokens sold, the presale’s success reflects growing recognition of the project’s potential.

Conclusion

Bitcoin’s potential to reach $50K is attracting more investors, but its ascent may be caused by panic-buying. This makes it a volatile asset that’s not ideal for long-term investing. As the community keeps tabs on BTC’s performance, it also looks with interest at two projects: Hedera and InQubeta. InQubeta (QUBE), in particular, is gaining traction as it offers investors a chance to be part of something groundbreaking. To learn more about this project, join their community on X (formerly Twitter) or visit their website.

Visit InQubeta Presale 

Join The InQubeta Communities


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Fed Report Explores How Crypto Price Changes Affect Ownership

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations [……
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The Open Network (TON) to launch teleport Bitcoin bridge

The Open Network announces plans to launch a bridge to get Bitcoin onto the TON blockchain, The bridge will allow Bitcoin to be used for DefI purposes in the TON ecosystem. The TON Foundation announced that the Open Network will launch a trustless bridge to allow people to bridge Bitcoin into the TON ecosystem for…


  • The Open Network announces plans to launch a bridge to get Bitcoin onto the TON blockchain,
  • The bridge will allow Bitcoin to be used for DefI purposes in the TON ecosystem.

The TON Foundation announced that the Open Network will launch a trustless bridge to allow people to bridge Bitcoin into the TON ecosystem for DeFi purposes. The bridged Bitcoin, called Teleport BTC, will maintain the original Bitcoin’s security while allowing holders to take advantage of the growing opportunities on TON.

According to the Foundation, each Teleport BTC will be backed 1:1 by native Bitcoin via a trustless, transparent process chiefly executed by verifiable smart contracts and validators.

This new development aims to “enhance Bitcoin’s utility, transforming it into a powerful tool for generating additional rewards on TON.”

TON’s Growth in 2024

The Open Network, closely linked with the popular Telegram messaging app, has been on an upward climb in 2024 both in price and network development. The network was initially created by the Telegram team for internal use but was abandoned and eventually picked up by the community.

TON made major waves after Telegram re-established contact by using the network to power its ad reward system, which pays channel owners in TON (the network’s native cryptocurrency) for traffic and views.

Outside of Telegram, TON is making a name for itself as a social gaming chain with tap-based casual projects like Notcoin and Hamster Kombat garnering attention.

TON’s Growing DeFi Ecosystem

While TON is not primarily known as a network for decentralised finance, its DeFi ecosystem has witnessed a boom in recent months. According to Defillama, a leading on-chain finance data provider, the total value locked on TON currently stands at $745.96 million as of writing after rising significantly from $22 million at the end of February 2024.

The Open Network plans to launch the Teleport BTC bridge later this year.


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First ETP for Near Protocol’s NEAR token unveiled on Sweden’s Spotlight Stock Market

Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market. Valour currently operates one of the largest Solana ETPs. The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs. Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR. This groundbreaking ETP will be…


First ETP for Near Protocol’s NEAR token
  • Valour’s NEAR ETP will be available on Sweden’s Spotlight Stock Market.
  • Valour currently operates one of the largest Solana ETPs.
  • The crypto fund issuer also operates Bitcoin, Ether, and Internet Computer ETPs.

Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR.

This groundbreaking ETP will be available on Sweden’s Spotlight Stock Market, offering retail and institutional investors the opportunity to gain exposure to the decentralized application development platform.

NEAR ETP joins Valour’s diverse portfolio of ETPs

Valour already operates one of the largest Solana ETPs, Valour Solana, and offers a suite of staking products, including ETPs for Bitcoin, Ether, and Internet Computer.

Valour’s head of product, Elaine Buehler, emphasized the significance of this new fund, highlighting its potential to grant investors access to an asset renowned for its transformative impact on decentralized finance (DeFi) and non-fungible tokens (NFTs).

Near Protocol, designed to tackle common blockchain development challenges such as user onboarding and multi-chain operations, boasts a market capitalization of approximately $6.8 billion. This positions NEAR among the top 20 digital assets globally, according to CoinMarketCap.

The launch of NEAR ETP comes amid a wave of regulatory approvals in the United States, where investment managers BlackRock, Franklin Templeton, and VanEck recently received preliminary approval to list the first exchange-traded ETH products. Analysts predict this move will pave the way for more crypto exchange-traded products in the US, including potential Solana-based ETFs.

Valour’s parent company, DeFi Technologies, currently manages around $600 million in assets across various crypto-native strategies.

On July 16, DeFi Technologies expanded its footprint by acquiring trading desk Stillman Digital in an all-stock deal. This acquisition is expected to significantly enhance the Canadian crypto platform’s capabilities, potentially positioning it as a formidable competitor to larger entities like Galaxy Digital.

Valour’s new NEAR ETP represents a significant advancement for investors seeking exposure to innovative blockchain technologies, reinforcing the firm’s position at the forefront of digital asset investment products.


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