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  • Bitzlato freezes Bitcoin withdrawals as Memeinator’s MMTR presale raises $2.57M

    Bitzlato freezes Bitcoin withdrawals as Memeinator’s MMTR presale raises $2.57M

    • Bitzlato halts Bitcoin withdrawals amid co-founder’s guilty plea & legal turmoil.
    • Bitzlato has experienced seizures to partial restoration amid DOJ allegations.
    • Memeinator’s MMTR Presale has raised over $2.57 million as stage 10 nears its end.

    In a surprising turn of events, cryptocurrency exchange Bitzlato has temporarily suspended all Bitcoin withdrawals following its co-founder’s guilty plea and the subsequent decision to dissolve the platform. As legal battles unfold, users find themselves in uncertainty over the fate of their assets.

    Meanwhile, in the crypto space, Memeinator is offering a potential alternative investment opportunity with its ongoing MMTR presale, aiming to redefine the meme coin market.

    Bitzlato’s turmoil: co-founder’s guilty plea and asset seizures

    Bitzlato’s co-founder, Anatoly Legkodymov, recently pled guilty to operating an unlicensed money services business, leading to the dissolution of the exchange. This legal setback stems from Legkodymov’s arrest earlier in the year, orchestrated in a joint operation involving the United States Department of Justice, Treasury Department, and French law enforcement.

    The guilty plea includes a significant forfeiture of $23 million worth of cryptocurrency, with a substantial portion of Bitzlato’s infrastructure, including its website, seized. The legal proceedings have put Bitzlato in a challenging position, forcing the platform to temporarily suspend all Bitcoin withdrawals.

    Despite the legal challenges, Bitzlato managed a partial restoration of user funds in March. Through a Telegram bot, the platform allowed users to withdraw 50% of their assets initially stuck on the exchange. Over subsequent months, withdrawal limits gradually increased, reaching 70% by November.

    The United States Attorney, Breon Peace, did not mince words, accusing Bitzlato of serving as an “open turnstile by criminals.” The Department of Justice (DOJ) further alleged Bitzlato’s role as a financial resource for the Hydra darknet marketplace, facilitating money laundering for users, including funds obtained through ransomware attacks.

    The development leaves Bitzlato customers in disarray especially seeing they cannot withdraw their assets from the exchange.

    Memeinator’s MMTR presale: alternative investment opportunity

    Amidst the turbulence in the cryptocurrency space, Memeinator’s MMTR presale is making waves within the meme coin space, offering investors an alternative avenue. With a mission to dominate the meme coin market, Memeinator promises a unique blend of powerful marketing, innovative product launches, and an exciting action game.

    The MMTR token, designed to fuel Memeinator’s ascent, boasts a strategic tokenomics distribution. Investors participating in the presale contribute to phases like presale, marketing, development, liquidity provision, and a competition pool. The roadmap outlines key phases, including setting coordinates, unleashing the Memeinator, search and destroy, and eventual meme domination.

    Conclusion

    As the cryptocurrency landscape evolves, investors must carefully navigate the uncharted waters, weighing risks and potential rewards.

    As Bitzlato grapples with legal troubles and a temporary suspension of Bitcoin withdrawals, users face uncertainties about their assets. On the other hand, Memeinator’s MMTR presale beckons as an intriguing opportunity for those looking beyond the current challenges in the crypto world.

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  • MicroStrategy boosts Bitcoin holdings with $615M purchase, eyes 1% of supply

    MicroStrategy boosts Bitcoin holdings with $615M purchase, eyes 1% of supply

    • MicroStrategy acquires 14,620 BTC for $615.7M, pushing total holdings to 189,150 BTC at $5.9B.
    • CEO Michael Saylor remains bullish on Bitcoin, considering it the world’s most valuable asset class.
    • The company’s proactive crypto strategy aligns with growing institutional interest, eyes 1% of Bitcoin supply.

    MicroStrategy (NASDAQ: MSTR), the business intelligence giant led by CEO Michael Saylor, has reaffirmed its belief in the long-term potential of Bitcoin.

    In a recent disclosure to the Securities and Exchange Commission (SEC), MicroStrategy revealed the acquisition of 14,620 BTC between November 30, 2023, and December 26, 2023. This substantial purchase amounts to $615.7 million, at an average price per Bitcoin of $42,110. 

    The recent purchase comes after the company purchased another 5,445 bitcoins in September 2023.

    MicroStrategy’s total Bitcoin holdings have now reached an impressive 189,150 BTC, acquired at an approximate cost of $5.9 billion. This move places the company on the brink of owning 1% of the total Bitcoin supply. The valuation of MicroStrategy’s Bitcoin holdings represents about 0.7% of the entire market capitalization of the leading digital asset.

    MicroStrategy’s optimism amidst Bitcoin volatility

    Despite recent price fluctuations in the cryptocurrency market, MicroStrategy remains unwavering in its positive outlook on Bitcoin. Michael Saylor, a vocal advocate for Bitcoin, stated that he views the cryptocurrency as the currency of the future. This sentiment is reflected in MicroStrategy’s ongoing strategy of accumulating significant amounts of Bitcoin, seeing it as a strategic part of the company’s treasury reserve.

    MicroStrategy’s proactive approach to cryptocurrency investments also aligns with the broader trend of growing institutional interest in digital assets. As Bitcoin continues to be seen as a valuable hedge against inflation and a store of value, companies like MicroStrategy are capitalizing on opportunities presented by the evolving landscape of the crypto market.

    The business intelligence giant’s recent $615 million Bitcoin purchase reaffirms its position as a major player in the crypto space. The company’s continued confidence in Bitcoin’s future potential is reflected in its strategic accumulation of digital assets, solidifying its standing as a significant holder in the ever-expanding world of cryptocurrencies.

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  • Shiba Memu’s presale and SEC’s latest Bitcoin ETF news

    Shiba Memu’s presale and SEC’s latest Bitcoin ETF news

    • Shiba Memu on the cusp of market debut as SEC sets deadline for ETF amendments.
    • The SHMU presale ends on December 30, 2023, with debut on crypto exchanges to follow.
    • The SEC has asked spot Bitcoin ETF applicants to submit final changes by December 29, 2023.

    The crypto market is eyeing what could be a 2024 bonanza, with bullish sentiment around the SEC’s potential approval for a spot Bitcoin ETF the leading catalyst. Alongside a few attractively poised altcoins is Shiba Memu, a presale token that’s on the cusp of its market debut.

    Here’s a highlight of the latest crypto news likely to be key this week. Also assess Shiba Memu presale, now down to just three days.

    SEC sets Dec. 29 deadline for spot Bitcoin ETF amendments

    The anticipation for a first spot Bitcoin exchange-traded fund (ETF) for the US market is set to rise further this week. This is after it emerged that the Securities and Exchange Commission (SEC) has asked all applicants seeking to list the ETF to file amendments to their filings by December 29, 2023.

    SEC’s reported deadline for applicants comes after the regulator held multiple meetings with various firms looking to offer spot Bitcoin ETFs last week.

    At least two companies were reportedly asked to submit final changes to their appplications by the stated date. Participants during the last meeting with the SEC were told that any applicant that fails to file final amendements by this Friday should not expect to be among the “first wave” of potential approvals.

    While the crypto market buzz has cooled amid the holiday trading lull and as Mt.Gox reportedly begins to repay some of its creditors, the overall outlook is that Bitcoin is poised for a prolonged dose of upside pressure.

    The altcoin market is similarly poised, and investors out to unlock the next bull cycle gem are betting big on low cap bargain tokens.

    Shiba Memu: On the cusp of presale success

    Meme tokens have exploded onto the scene in recent months, with resurgences for Dogecoin and Shiba Inu paled by the explosive surge for Solana-based Bonk (BONK). But with the market in the mood for a longer bull rally catalysed by Bitcoin ETFs and halving, investors keen on tapping into the potential of Shiba Memu are flocking to its presale.

    The project, which outlines a new artificial intelligence powered meme coin with real-world utility, is now just three days to the presale close. As of December 27, 2023, investors have allocated over $4.8 million into SHMU to support the project’s development.

    After the presale, Shiba Memu is expected to make its market debut on top crypto exchanges, likely entering the market during the forecast upward trajectory in Q1, 2024. The unique AI-powered marketing dashboard, staking program and integration with decentralised applications (dApps) is also outlined on the roadmap.

    SHMU is currently priced at $0.05028 and could be one of the top meme coins to buy given its potential to redefine how meme-inspired crypto projects gain long term traction. Rather than rely on hype, Shiba Memu will be a self-sufficient marketing machine, capable of challenging the top tokens such as Dogecoin and Shiba Inu.

    To check out Shiba Memu’s features and tokenomics, read their whitepaper. You can also join the presale.

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  • IoTeX, Bitcoin and Solana surge as Pullix emerges as a unique hybrid DeFi exchange

    IoTeX, Bitcoin and Solana surge as Pullix emerges as a unique hybrid DeFi exchange

    IOTX logo on a mobile phone screen
    • IoTeX’s IOTX token is up 163%, driven by an on-chain metrics surge.
    • Pullix’s ongoing presale raises $1.4M; platform introduces innovative “Trade-to-Earn” model.
    • Solana hits a 19-month peak above $102, surpassing XRP in market cap ranking.

    While IoTeX, Bitcoin, and Solana witnessed considerable gains in the past few weeks, a new hybrid DeFi exchange Pullix is making waves with its PLX token presale.

    Read along as we explore the recent market movements as we head into 2024 and the promising features of Pullix, currently in its presale stage.

    IoTeX: bridging physical and digital realms

    IoTeX (IOTX), the native token of the IoTeX network, a decentralized platform facilitating machine-to-machine interactions, has experienced a remarkable surge. The token has gained 109.27% in the last month to trade at $0.05255 at the time of writing. It is trading 162.93% higher over the past year, making it among the very few cryptocurrencies to sustain a bullish trend.

    IOTX price chart

     

    Recent on-chain metrics reveal a surge of over 90% in IoTeX’s native token, IOTX, within the past week. A notable catalyst for this breakout is the platform’s increased activity and adoption, exemplified by processing over 1 million transactions in a single day on December 19th.

    IoTeX’s innovative hardware integration in security and oracle sectors, including products like Ucam home security cameras and Pebble data oracles, is capturing the attention of investors.

    Bitcoin hits $44K

    Bitcoin (BTC), the pioneering cryptocurrency, hit a daily high of $44,075.15 for the first time in over a year. 

    Bitcoin price chart

    While the asset experienced some retracement, the overall trajectory remains positive buoyed by the high anticipations of a spot Bitcoin ETF approval by January 10 and the upcoming Bitcoin halving event. 

    In a review of 2023, Kaiko Research stated that “Bitcoin is set to close the year as one of the best-performing assets, up more than 160% and outperforming all major traditional assets even in risk-adjusted terms,” second only to semiconductor giant Nvidia.

    Solana’s soaring success

    Solana, a high-performance blockchain platform, has outshone other larger-cap altcoins, reaching a 19-month peak above $102. The SOL token price has surged by 765.76% in the past year joining the likes of IoTeX for a consistent bullish surge throughout the year.

    Solana price chart

     

    This surge has propelled SOL to surpass XRP as the fifth-largest cryptocurrency. Other notable gainers in the market include Avalanche (AVAX) and Polkadot (DOT), both experiencing significant price increases.

    Pullix: redefining crypto trading with a hybrid approach

    While the larger crypto market surges towards 2024, Pullix, is set to redefine crypto trading with its innovative hybrid exchange. Combining the strengths of centralized and decentralized exchanges, Pullix introduces a unique “Trade-to-Earn” concept through its native token $PLX.

    The PLX token presale has seen substantial interest, raising $1,387,783 with 85.4% of tokens already sold.

    Investors holding PLX tokens enjoy various benefits, including passive income through staking, trading fee discounts of up to 60%, and exclusive rewards derived from the platform’s daily revenue.

    Should you invest in Pullix? Evaluating the prospects

    As Pullix gains momentum in its presale, investors may wonder whether it’s a worthwhile addition to their portfolios. Maybe the platform’s commitment to transparency, a crypto deposit-only system, and no KYC requirements could be a consideration when thinking about whether or not to invest in it.

    In addition, staking PLX offers a chance for users to earn passive income, and the innovative buy-back and burn mechanism creates scarcity, potentially driving up token value.

    However, as with any investment, investors must conduct thorough research, considering the risks and rewards involved especially with the highly volatile cryptocurrency market.

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  • Galaxy Digital CEO predicts Bitcoin ETF approval by January 10 as Everlodge tokenizes real estate

    Galaxy Digital CEO predicts Bitcoin ETF approval by January 10 as Everlodge tokenizes real estate

    • Galaxy Digital CEO predicts Bitcoin ETF approval by Jan 10, citing market dynamics and SEC urgency.
    • Everlodge disrupts real estate with blockchain and fractional ownership.
    • Everlodge’s ELDG token features discounts, rewards, and staking; the Beta presale stage attracts investor attention.

    Galaxy Digital CEO Michael Novogratz’s recent insights into the highly anticipated Bitcoin ETF approval set the stage for a dynamic landscape for Bitcoin (BTC) and the entire crypto market.

    As Bitcoin continues to make waves, Everlodge, a unique property marketplace, enters the fray with an innovative approach to fractional vacation home ownership. This article delves into Novogratz’s predictions, the significance of January 10th, and why the Everlodge presale is capturing attention as a promising investment opportunity.

    Bitcoin ETF approval anticipation 

    Michael Novogratz, the CEO of Galaxy Digital, has sparked excitement in the cryptocurrency community with his bold prediction regarding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). In a recent CNBC interview, Novogratz pointed out Bitcoin’s remarkable 150% surge over the past year, attributing this bullish trend to the Federal Reserve’s dovish stance.

    The anticipation revolves around the critical date of January 10th, a potential deadline with legal implications. Novogratz confidently stated, “We’re gonna get this ETF before Jan. 10.” He underscored the urgency tied to SEC Chair Gary Gensler and potential legal repercussions involving Grayscale, adding a layer of significance to this anticipated milestone.

    Everlodge: revolutionizing fractional vacation home ownership

    Transitioning from the dynamic Bitcoin landscape, Everlodge emerges as a disruptive force in the real estate market.

    Everlodge positions itself as a property marketplace that allows users to fractionally invest in hotels, vacation homes, and luxury villas, leveraging blockchain technology. What sets Everlodge apart is its integration of fractional vacation home ownership, timeshare, and NFT technology, creating a unique amalgamation of traditional and cutting-edge approaches. It digitizes and fractionalizes real estate, allowing users to invest in smaller amounts while enjoying the potential for value appreciation.

    Everlodge is currently in the presale stage of its native token, EDLG, which has become a focal point for investors seeking diverse investment opportunities. The EDLG presale, currently in its Beta stage, offers a unique chance to get involved in the world’s first property marketplace for fractional vacation home ownership.

    The ELDG token offers holders discounts on property purchases, rewards in the form of free nightly stays, and staking opportunities for fixed monthly interest. The Everlodge ecosystem, comprising a marketplace, launchpad, rewards club, and lending platform, adds layers of utility to the token.

    Conclusion

    Novogratz’s optimism extends to the regulatory front. While acknowledging hurdles posed by certain politicians and corporate leaders, including Elizabeth Warren and the Biden White House, he sees potential progress through a bipartisan group.

    The convergence of Galaxy Digital’s Bitcoin ETF predictions and Everlodge’s groundbreaking approach to property ownership sets the stage for a dynamic period in the financial and real estate markets. Investors and enthusiasts alike are navigating this landscape with cautious optimism, looking towards January 10th and beyond.

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  • First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors

    First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors

    • First Trust files for Bitcoin Buffer ETF with SEC, aiming to mitigate risk via options.
    • Buffer ETFs gaining momentum, 139 trading on US markets, $32.54B AUM.
    • Buffer ETFs don’t guarantee complete protection, or assess risks.

    Financial services firm First Trust has recently submitted a filing with the US Securities and Exchange Commission (SEC) to launch a groundbreaking investment product – the First Trust Bitcoin Buffer ETF.

    Unlike traditional spot Bitcoin ETFs, this innovative fund aims to provide investors with a unique risk mitigation strategy, utilizing options to safeguard against potential market downturns. Let’s delve into the details of this latest development in the cryptocurrency investment space.

    First Trust’s Bitcoin Buffer ETF filing

    First Trust’s move to file for the Bitcoin Buffer ETF signals a shift in the cryptocurrency investment landscape. This ETF is distinct from spot Bitcoin offerings, as it utilizes options to pursue a defined investment outcome. Acting as a buffer, it imposes a limit on potential losses during market drops.

    First Trust’s ETF is structured to participate in the positive price returns of the Grayscale Bitcoin Trust or other Bitcoin-related exchange-traded products (ETPs), providing investors with a unique approach to risk management.

    Rise of Buffer ETFs in the market

    Buffer ETFs have been gaining traction globally, with 139 such funds currently trading on U.S. markets, amassing a total asset under management of $32.54 billion.

    BlackRock, a major player in the ETF space, introduced its iShares buffer ETFs earlier this year. These funds offer investors a specified level of downside protection while capping potential upside gains. Analysts anticipate more entrants in this space with diverse strategies, contributing to the growing trend of innovative investment products aimed at addressing market uncertainties.

    While the concept of buffer ETFs provides a novel approach to risk management, investors must understand that these funds do not guarantee complete protection.

    First Trust’s filing emphasizes potential risks, including the risk of losing some or all invested capital. Investors should carefully evaluate the suitability of buffer ETFs for their portfolios, recognizing that these products may not be suitable for everyone, and success in providing downside protection is not guaranteed.

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  • Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark

    Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark

    In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star in the crypto universe, is edging closer to a monumental $2 million in its presale. Let’s unpack these stories and see why they are reshaping the landscape as the best crypto investment.

    >>BUY $ROE TOKENS NOW<<

    The Game-Changing Spot Bitcoin ETF

    The buzz around the first spot Bitcoin exchange-traded fund (ETF) in the U.S. market is real and for good reason. This investment product is not just a boon for Bitcoin; it’s a potential game-changer for the entire crypto industry. The beauty of a spot Bitcoin ETF lies in its simplicity and accessibility. It dismantles the barriers that have kept many potential investors at bay.

    You don’t need to be a tech whiz to dive into the Bitcoin pool anymore. Forget about the hassle of dealing with cryptocurrency exchanges or the headache of setting up and securing a blockchain wallet. And let’s not even get started on the labyrinth that is crypto taxes. The spot Bitcoin ETF is about to make all these issues a thing of the past.

    But that’s not all. This ETF comes with the backing and blessing of the big guns – government regulators like the SEC and heavyweight investors on Wall Street. This level of endorsement is set to strip away much of the skepticism surrounding the crypto industry. Each of these ETFs will be under the microscope – audited, monitored, and transparent. In short, it’s a safer and more reliable avenue into Bitcoin, without the fear of some crypto catastrophe wiping out your investment.

    BorroeFinance: The New Crypto Darling

    On another front, BorroeFinance ($ROE) is making waves as it inches closer to the $2 million mark in its presale. This is not just another run-of-the-mill crypto launch; Borroe Finance is carving out its niche in the DeFi and NFT spaces with an innovative blend of AI and blockchain technology. It’s more than just a digital currency; it’s a forward-thinking project that’s redefining financial solutions for the digital age.

    This approach has not gone unnoticed. The crypto community is buzzing, and the presale numbers are proof of the growing interest. BorroeFinance isn’t just a top crypto to buy; it’s a glimpse into the future of decentralized finance. For those scouring the market for a top altcoin to buy, Borroe Finance is a name that demands attention.

    >>BUY $ROE TOKENS NOW<<

    Why Borroe Finance Stands Out

    In a sea of altcoins, what makes Borroe Finance stand out? It’s not just the technology; it’s the practical, scalable solutions it offers. The project’s ability to attract significant interest, especially in its presale phase, underscores its potential as a top crypto coin. The innovative approach to monetizing future earnings through NFTs and its AI-driven platform make it more than just another digital currency. It represents a forward-thinking investment in the rapidly evolving world of crypto.

    As Borroe Finance approaches stage 4 of its presale, now is the perfect time for investors to consider jumping on board. With over $1.8 million already raised and nearing the $2 million mark, the excitement is palpable. This presale is not just about raising funds; it’s about being part of a revolutionary project in the DeFi and NFT spaces. For investors looking for a promising venture, Borroe Finance presents a compelling opportunity.

    Conclusion: A Time of Opportunities

    In conclusion, the crypto market is buzzing with opportunities. The upcoming spot Bitcoin ETF is set to simplify Bitcoin investments, making it more accessible to a broader audience. At the same time, Borroe Finance’s innovative approach and successful presale are redefining what it means to be a top altcoin. 

    Learn more about BorroeFinance ($ROE) here:

    Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter

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  • Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval

    Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval

    • Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform.
    • Advertisers looking to promote crypto trusts must, however, undergo Google certification.
    • Google’s policy update aligns with a broader industry trend and Bitcoin’s 74% surge in the past 90 days.

    In a strategic move, Google has revised its cryptocurrency-related advertising policy to permit ads for US-based crypto trusts, aligning with predictions of the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States.

    This update, effective January 29, 2024, comes at a time of heightened anticipation in the crypto space, as industry analysts speculate a 90% chance of a US spot Bitcoin ETF approval by January 10, 2024.

    Google allows Ads for US crypto trusts

    The update explicitly mentions “advertisers offering Cryptocurrency Coin Trust targeting the United States.” Advertisers interested in promoting crypto trusts must undergo Google certification, ensuring they possess the necessary licenses from relevant local authorities. The policy emphasizes global application, requiring adherence to local laws in the targeted regions.

    This policy adjustment by Google coincides with increasing expectations of the approval of spot Bitcoin ETFs in the United States. Bloomberg’s ETF analysts project a 90% likelihood of approval by January 10, 2024.

    Notably, there are currently 13 Bitcoin ETF applicants, including major players like BlackRock, Grayscale, and Fidelity. These firms have reportedly engaged with the US Securities and Exchange Commission to discuss crucial technical details related to their ETF proposals. The crypto market has responded positively, with Bitcoin experiencing a significant 74% surge in the past 90 days.

    The crypto market is anticipated to add $1 trillion if the SEC approves the Bitcoin ETF applications.

    Certification requirements for Crypto Trust Ads on Google

    Google’s certification process for potential crypto trust advertisers underscores the importance of compliance with local laws.

    Advertisers must obtain the necessary licenses from local authorities, and their products, landing pages, and ads must align with the legal requirements of the respective countries or regions. This meticulous certification process aims to ensure responsible advertising practices within the rapidly evolving and dynamic cryptocurrency landscape.

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  • Institutional traders favour Bitcoin and Ethereum while whales eye this new AI crypto

    Institutional traders favour Bitcoin and Ethereum while whales eye this new AI crypto

    In the crypto world, there’s a noticeable shift in how big investors are playing the game. Institutional traders are increasingly leaning towards Bitcoin and Ethereum as safer choices, as shown by a recent Bybit Research report. 

    Meanwhile, the big players, or ‘whales’, are getting more interested in a new AI cryptocurrency ICO, signalling a change in investment trends in the crypto space.

    InQubeta (QUBE): the new focus for crypto whales

    As per the experts, the AI narrative is going to be the big thing in the next Bull Run. Given the level of development in this sector, it only makes sense to invest in emerging ventures. However, there are significant barriers to owning a stake in these companies. This is where InQubeta comes to the rescue.

    InQubeta’s introduction marks a significant shift in the crypto investment landscape. The platform, through its QUBE token, offers a unique approach to AI startup investments, allowing fractional ownership through popular NFTs and broadening access to this high-growth sector. This initiative is not just an investment opportunity; it’s a paradigm shift, making AI startup investments more inclusive.

    InQubeta’s ecosystem is centred around QUBE, which is a deflationary ERC20 coin designed to promote long-term holding and active involvement in the platform’s decision-making. But QUBE is more than just a crypto for beginners. It’s like a gateway to the world of AI and crypto, offering investors a chance to have a real say in where the platform is headed.

    InQubeta’s successful journey is highlighted by its presale, which has already crossed significant financial milestones, indicating strong investor confidence. The platform’s roadmap, featuring plans for an NFT marketplace and cross-chain expansion, places it at the forefront of AI and blockchain integration.

    Institutional traders’ bullish stance on Bitcoin and Ethereum

    Institutional traders have nearly doubled their holdings in Bitcoin during the first three quarters of 2023. As of September, Bitcoin constituted half of their assets, a sentiment driven by positive market anticipation of an SEC-approved BTC ETF. This institutional preference contrasts starkly with the investment patterns of retail traders, who hold lower BTC proportions, possibly influenced by their higher leverage levels.

    While Bitcoin and Ethereum are seen as safer bets, institutional traders and whales exhibit scepticism towards top altcoins. The report indicates a general decline in altcoin holdings among these traders, with a notable decrease starting in August. This cautious stance reflects the perceived volatility and risk associated with these assets.

    Conclusion

    Right now, the investment scene in the crypto market is showing some interesting differences in how people are choosing to invest. On one side, you’ve got institutional traders who are sticking with the top crypto coins like Bitcoin and Ethereum, consolidating their investments in these established names. On the other side, the big individual investors, often called ‘crypto whales’, are looking for something new and exciting like InQubeta (QUBE).

    This split in investment strategies really highlights just how varied and lively the crypto market is. As the market keeps changing and growing, the role of AI in cryptocurrencies, like InQubeta, is probably going to become more and more important. It’s opening up new opportunities for both investment and tech development.

    For more information about InQubeta, Visit InQubeta Presale or Join The InQubeta Communities.

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  • Ocean Mining denies censorship allegations amidst Bitcoin transaction controversy

    Ocean Mining denies censorship allegations amidst Bitcoin transaction controversy

    • Bitcoin wallet provider Samourai Wallet accuses Ocean mining pool of censoring transactions.
    • Ocen Mining was specifically accused of censoring Whirlpool CoinJoin and BIP47 notification transactions.
    • Ocean’s founder, Luke Dashjr, denies intentional censorship, attributing the issue to a bug in Samourai Wallet’s software.

    In a recent twist within the cryptocurrency space, one of the Bitcoin wallet providers Samourai Wallet has accused Ocean, a prominent BTC mining pool, of censoring specific Bitcoin transactions.

    The controversy involves not only technical accusations but also points fingers at industry figures, including Luke Dashjr, a Bitcoin Core developer and founder of Ocean.

    Ocean’s denial and counterclaim

    Ocean mining pool swiftly refuted Samourai Wallet’s allegations, asserting that the perceived censorship is not a deliberate policy but, rather, a bug within the wallet provider’s software. Luke Dashjr dismissed the claims and suggested that the responsibility lies with Samourai Wallet to rectify the issue on their end.

    The technical disagreement revolves around a purported 46-byte limit imposed on the OP_RETURN function, restricting certain transactions.

    Community divided over the accusations

    The crypto community finds itself divided on this matter. While some advocate for the “80 Bytes is 80 Bytes” standpoint, emphasizing adherence to technical specifications, others believe that the alleged censorship may be unintentional and advise Samourai Wallet to address the bug in their software.

    Brad Mills from Nostr Wallet weighed in, asserting, “There’s no policy to censor Whirlpool or privacy-preserving transactions.”

    As accusations persist, Samourai Wallet remains steadfast in its claims, accusing Dashjr of deception and rallying the community to scrutinize the situation further.

    This controversy underscores the ongoing challenges in the cryptocurrency realm, highlighting the need for collaboration and technical resolution to ensure the smooth functioning of the Bitcoin network. As the community awaits further developments, the intricate dynamics between wallet providers, mining pools, and developers are brought to the forefront.

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