As the crypto landscape evolves, Bitcoin, the best cryptocurrency by market capitalization, is setting new records, not in price, but in its hashrate. Parallel to this development, InQubeta, an emerging AI-focused cryptocurrency ICO, continues its impressive presale performance, showing no signs of slowing down.
Bitcoin’s Record-Setting Hashrate Expansion
The Bitcoin network has achieved an all-time high (ATH) in hashrate, surpassing 600 EH/s, which translates to 600 quintillion guesses per second in solving the block puzzle. This aggressive expansion, as reported by Glassnode, is a testament to the robustness and security of the Bitcoin network. The surge in hashrate is largely attributed to the excitement generated by the launch of the first set of Bitcoin spot ETFs in the U.S.
The SEC’s approval of 11 spot Bitcoin ETFs for listing and trading marks a significant milestone for the Bitcoin asset class. Major ETFs, including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, and ARK 21Shares Bitcoin ETF, began trading, witnessing a substantial $4.6 billion in shares traded. This development signifies increased institutional interest and a broader acceptance of Bitcoin as an investment vehicle. Alongside the hashrate expansion, Bitcoin’s on-chain volume has also reached new heights since the FTX collapse, with a total volume of $60 billion driven predominantly by large transactions.
InQubeta: Maintaining Strong Presale Performance
While Bitcoin is making strides with its hashrate, the InQubeta presale is showing its real strength. This platform is all about making it easier for people to invest in AI startups. They’re using blockchain tech to let people make smaller investments with their QUBE tokens, and investors are really digging this approach – the interest and investment just keep rolling in during this presale phase.
InQubeta lets AI startups turn parts of their business, like rewards or shares, into trending NFTs. This gives investors a clear and direct way to get involved in the growing AI sector. The platform’s doing a great job of helping startups get the funding they need, while also offering investors a chance to see returns if these ventures take off.
The QUBE token, which is an ERC20 coin, plays a huge role in InQubeta’s world. It’s designed to become more scarce over time and has a unique tax setup and rewards for staking. This really lines up investors’ interests with the long-term success of the AI startups on the platform. The fact that their presale has already brought in over $8.2 million just goes to show how much faith investors are putting into this top ICO.
The crypto market is buzzing with growth and new ideas right now. Bitcoin is setting records with its hashrate and the successful launch of its spot ETFs, showing just how strong and popular this trailblazing cryptocurrency still is. These big steps aren’t just proof of Bitcoin’s staying power; they’re also signs that more and more big players and investors are getting on board with crypto.
At the same time, the ongoing success of InQubeta’s presale is drawing plenty of attention to AI cryptos. Platforms like InQubeta are creating new chances for people to invest, especially in the AI field which used to be pretty tough to get into. This blend of AI and blockchain is really changing the game in terms of investing, bringing both exciting possibilities and new things to think about.
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