The crypto world is buzzing with activity as Bitcoin experiences a slight dip following a stronger-than-expected U.S. jobs report. Meanwhile, Chainlink (LINK) and InQubeta (QUBE) are catching the attention of top players in the market. Let’s dive into the details and explore what the future holds for these best cryptos for beginners.
Bitcoin (BTC) Dips Before US Jobs Report
The latest U.S. jobs report, showcasing robust job growth and a lower-than-expected unemployment rate, has caused a ripple effect in various markets. Bitcoin (BTC), the best crypto to invest in now for many, witnessed a 0.5% dip to $43,500 in the minutes following the report’s release on December 8th.
This dip comes amid rising interest rates in traditional markets, with the 10-year U.S. Treasury yield climbing eight basis points to 4.24%. U.S. stock index futures have also turned lower, with the Nasdaq 100 down by 0.7%. Bitcoin’s recent rally, fueled by expectations of lower interest rates, may face a pause or slight reversal if the jobs report alters this forecast.
Despite the dip, Bitcoin, the top crypto to invest in, has seen an impressive 60% rally since October, reflecting investor confidence in a shift towards easier monetary policy by the Federal Reserve. The coming weeks will reveal whether this jobs report affects the current upward trajectory of BTC.
Chainlink’s (LINK) Bullish Momentum
Chainlink (LINK) recently saw a record gush in whale transactions, with over 2,600 transactions exceeding $100,000 each. This spike, which happened on November 28th, lines up with the approaching release of Chainlink Staking v0.2. Crypto analyst Ali Martinez noted the momentous uptick in considerable transactions on this beginner cryptocurrency.
IntoTheBlock’s data corroborates this, indicating that these spikes often signal an imminent increase in LINK’s value. Chainlink’s native token has experienced a notable 124% increase in the past year leading to December 12th, paralleling a broader recovery in the cryptocurrency market.
Alongside such whale transactions, Chainlink’s daily transactions have climbed by 430% from their monthly low. Also, major token holders of this cryptocurrency for beginners have been actively amassing, contributing to this momentum. Santiment, an on-chain analytics firm, also reported significant movements of older Chainlink coins, a trend often trailed by prominent price shifts.
InQubeta (QUBE) Attracts Top Whales
While Chainlink commands attention with its bullish run, InQubeta (QUBE) is making waves in the beginner cryptocurrency space with its unique approach to AI startup investment through innovative NFT crowdfunding. It’s quickly gaining recognition as one of the best crypto investment opportunities this year because of its real-world application.
The QUBE token, built on the Ethereum blockchain, offers a secure investment environment, appealing to crypto investors seeking diversification. InQubeta’s distinctive NFT marketplace allows AI startups to raise funds by offering rewards and equity-based NFTs, creating a symbiotic relationship between QUBE token holders and startups.
The ongoing presale of QUBE, currently in its sixth stage, has already raised an impressive $6.7 million, with over 630 million tokens sold. The current presale price is 0.01925 USDT, presenting an attractive option for potential investors. The next stage is on the horizon, offering a strategic opportunity with a token price of 0.0224 USD.
QUBE’s unique deflationary nature adds to its appeal, with a 2% tax on transactions going towards a burning wallet and an additional 5% set aside for a dedicated reward pool. QUBE holders could stake their tokens and earn rewards, positioning InQubeta as one of the best DeFi projects for supporters of AI technology startups.
Final Thoughts – Join the InQubeta Journey
While BTC dropped in value following the U.S. jobs report for November, it has bounced back since. This strong performance is mirrored by other cryptocurrencies, such as LINK and QUBE. Among these three, InQubeta (QUBE) emerges as a compelling investment opportunity because of its unique features and promising future.
Learn more about InQubeta and purchase QUBE tokens by visiting their website. Stay updated on the latest developments by joining their community on Twitter. Seize the opportunity now and be part of the future with QUBE.