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Bitcoin Steady At $65K, After Halving. Traders Remain Bullish on this Render Contender

Bitcoin Steady At $65K, After Halving. Traders Remain Bullish on this Render Contender
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After a brief dip due to geopolitical tensions in the Middle East that saw Bitcoin drop below $60,000, the overall market cap for cryptocurrencies has rebounded strongly, surging 5.3% to around $2.47 trillion. Leading the charge has been Bitcoin itself, which has regained its momentum, steadying at $63,000 after its halving. Meanwhile, InQubeta (QUBE), a contender to Render (RNDR), has gained investors’ trust as it continues transforming the AI crypto market with its features.

As a result, traders are strongly bullish on the QUBE token because of its approach to fractional investment in AI startups. InQubeta offers diverse, comprehensive services for investors and AI startups, making it one of the best altcoins to buy now. Before the year ends, many analysts anticipate that the QUBE token will yield maximum returns for investors.

This article explores why traders are bullish on InQubeta as Bitcoin steadies at $66,000 after halving.

InQubeta (QUBE): Making Waves With Its NFT Marketplace Platform

InQubeta, one of the best DeFi crypto projects, is building excitement in the crypto world as a groundbreaking platform that promises to revolutionize how AI startups raise funds and engage with their community. As the first crypto crowdfunding platform enabling fractional investment in AI startups using its native QUBE tokens, InQubeta is generating significant buzz among bullish traders about its innovative model. With the QUBE token currently trading on the Uniswap platform, crypto experts are predicting a substantial surge due to its integration of NFT into its ecosystem.

At its core, this new DeFi crypto mints AI investment opportunities into unique NFTs that are then fractionalized. This innovative approach allows investors to invest in promising AI startups in a way that fits their budget as they reap the benefit of being an early backer. InQubeta’s NFT marketplace further extends the platform’s value proposition. AI startups can raise capital by offering reward or equity-based NFTs, while QUBE holders invest in the most promising projects. It’s a true win-win, creating an environment that incentivizes and benefits all parties.

The QUBE token, an ERC-20 token built on the Ethereum blockchain, is the key that unlocks this ecosystem. With a deflationary model, this unique token serves as the investment vehicle, offering a compelling opportunity for crypto investors looking for the best DeFi crypto to diversify their portfolios. With each buy and sell transaction, 2% of the QUBE tokens are burned, steadily decreasing the circulating supply and potentially increasing the token’s value. Also, a remarkable 5% of every buy and sell transaction is directed into a dedicated reward pool, allowing these new DeFi crypto holders to earn rewards simply by staking their tokens. 

Visit InQubeta Website

Bitcoin (BTC): Crypto Expert Captain Faibik Bullish On Its Future After its Halving 

While Bitcoin hasn’t seen an immediate price surge following its latest halving event, cryptocurrency investors are increasingly optimistic about its future trajectory. Though the world’s leading digital currency has been holding steady at around $63,000, market analysts believe this is the calm before the storm. Historically, BTC has tended to experience its most significant price gains several months after a halving as the constricted new supply starts working its way through the broader ecosystem. 

According to renowned crypto expert Captain Faibik, the charts show bullish momentum building. Faibik notes that Bitcoin’s recent trading pattern has formed a bullish rectangle, a technical formation that often precedes a sharp move upwards. His current target has BTC hitting $72,000 shortly, with a mid-term goal of pushing above $96,000 as institutional interest and mainstream adoption continue growing.

Render (RNDR): Announcing The Release Of $7.14 Million Worth Of Its Token

Render, a cryptocurrency project, announced on April 14th that it will circulate $7.14 million worth of its RNDR tokens through an unlock event. This news initially prompted mixed reactions from the crypto community, with some speculating that it could lead to a pump-and-dump scheme. Despite these concerns, the price of RNDR surged higher amid the controversy, raising eyebrows.  

Technical analysis indicators like the Stochastic RSI and MACD had been signaling a potential rally for RNDR. Between April 10th and 15th, RNDR’s price dipped by 8.1%, going from $9.41 to $8.64. However, the price increase occurred on April 14th, after the announcement. Interpreting the price surge alongside the technical indicators, crypto experts are projecting that Render could reach $10.00, representing a 15.7% increase from its current level.

Conclusion

As traders see AI’s vast potential over the coming years, InQubeta is emerging as a fascinating new way to back cutting-edge startups paving the way for growth. Despite Bitcoin steadying at $66,000, the hype around QUBE has continued to build, making it one of the best altcoins. With the token now trading at Uniswap, this innovative platform is undoubtedly one to watch in the dynamic crypto world.

Visit InQubeta Website 

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Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.