The SEC’s impending approval of spot Bitcoin ETFs marks another significant milestone in the cryptocurrency industry as Bitcoin soars to $47,000.
Amid this buzz, InQubeta is waxing strong, as it presents an AI crypto crowdfunding platform and Borroe Finance is creating a Web3 financing solution.
Bitcoin’s (BTC) Resurgence
Bitcoin, the flagship cryptocurrency, has made a spectacular comeback, rising to $47000 for the first time in about 2 years. This comes at a time when there is increased anticipation that the SEC will give its approval for the spot Bitcoin ETF, showing increased acceptance and optimism amongst institutions within the market.
A massive spike in the daily trading volume of Bitcoin fuels the rally even further – it jumped by more than 120% within one day, as investor confidence surged.
The fact that Bitcoin survived past crises like the UST and LUNA crash in May 2022 shows its capacity to stay strong even when things are tough for it. Bitcoin continues to be this decentralized digital currency that serves as a kind of store value, forming the shelter against inflation and attracting institutional investors and retailers who are looking for an asset non-correlated that is reliable.
The renewed impetus not only reinforces Bitcoin as a pioneer in the crypto arena but also paves the way for broader recovery on financial markets that altcoins adapt accordingly. InQubeta unveils AI Crypto Crowdfunding Platform
InQubeta, a new blend of AI technology and crypto is gaining traction thanks to its mission of creating a new avenue for investment in AI projects.
InQubeta is a crowdfunding platform for AI startups. The platform features a unique fractional investment system that enables investors to easily become part owners in promising AI startups by acquiring NFTs that are minted for each available opportunity.
InQubeta’s NFT marketplace boosts engagement, enabling startups to fundraise through reward and equity-based issuance of NFT.
The sixth stage of the InQubeta presale is currently underway, and the platform has raised over $8.1 million in its ongoing presale.
Also, a 5% sell tax contributes to an integrated reward pool.
InQubeta democratizes the process of investing in AI technology through NFT, blockchain, and smart contracts.
Borroe Finance Bringing AI to Web3
Borroe Finance is a blockchain project aiming to eliminate financing problems for Web3 companies.
Borroe Finance is creating an AI-powered blockchain invoice discounting NFT marketplace, propelled by its native $ROE token. Web3 businesses can create NFT representations of their future revenue streams and profit tracks.
The digital collectibles are then purchased by investors at discounted prices on the Borroe NFT marketplace.
Blockchain transparency, AI-driven vetting processes, and thorough audits are among several aspects that show Borroe Finance is very concerned about security. The leadership of Michael Price and Maxim Prishchepo, veterans in the fintech and blockchain world, lends the project legitimacy.
Borroe Finance uses blockchain, AI-powered risk assessment, and smart contracts to facilitate its financing solutions. This ensures quick, efficient, and secure transactions without lengthy approval times or burdensome documentary procedures.
The presale is ongoing and it is currently in its third phase, with over $2.4 million raised so far..
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