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  • Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action

    Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action

    • Bitcoin surges above $46,000.
    • Bitcoin (BTC) is surging ahead of the much anticipated Bitcoin halving event.
    • Rebel Satoshi gains investor confidence as it nears delivering a 150% presale ROI.

    The crypto market has witnessed notable outflows over the past week as bears loom. As a result, top crypto coins are trading in the red. However, Ali Martinez, a renowned Twitter analyst, believes Bitcoin (BTC) will surge soon. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, is primed for massive gains before the end of the month.

    Between Bitcoin and Rebel Satoshi, which cryptocurrency will deliver the best returns in February? Let’s find out!

    Bitcoin: has the Bull Run began?

    Bitcoin performed poorly over the past seven days. On January 30, BTC was changing hands at around $43,611.27. After holding this level for a day, BTC slumped on January 31 ahead of the US Treasury’s decision on interest rates. The resulting downtrend saw BTC trade as low as $41,931.21 on February 1.

    However, BTC recovered partially after Ali Martinez pointed out that investors had transacted 912,626 BTC within the $42,560 price range, forming a significant support level. By February 6, BTC had stabilized at around $42,885.24. The price has since taken to the moon soaring past $46,500 at the time of writing on February 9.

    So, is Bitcoin a good crypto to buy now? According to analysts, despite the current bullish trend, BTC may face further headwinds due to the liquidation of Grayscale’s GBTC fund. To this end, experts set the end-of-February BTC prediction at between $35,807 and $50,000.

    Rebel Satoshi basks in the success of its presale

    Rebel Satoshi, a burgeoning meme coin that aims to challenge the status quo in the crypto industry, has caught investor interest with its audacious mission of fighting centralization. Additionally, Rebel Satoshi has left investors buzzing about its potential after securing close to $1.8 million thus far during its ongoing public presale.

    It is worth noting that $RBLZ, Rebel Satoshi’s governance and membership token, has also played a vital role in wooing investors. Specifically, $RBLZ offers investors access to the Rebel Satoshi ecosystem, which will feature the Rebel NFT Vault, an NFT marketplace, a P2E game, and a stake-to-earn program.

    By January, Rebel Satoshi had commenced Monarchs Round 4 of its presale, and $RBLZ’s price was $0.022. This price represents a 120% surge from the Early Bird Round $RBLZ price of $0.010. Notably, Early Bird Round investors will realize a 150% ROI when $RBLZ reaches its listing price of $0.025.

    On the other hand, Monarchs Round 4 investors will realize a 13.64% ROI when $RBLZ surges to $0.025. Interestingly, Rebel Satoshi has set February 29 as the closing date for its presale. More importantly, analysts believe $RBLZ will surge further when it gets listed on top DEXs after Rebel Satoshi concludes its presale.  

    For more information on Rebel Satoshi, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Altcoins to watch amid US notice to sell $130M in BTC from Silk Road

    Altcoins to watch amid US notice to sell $130M in BTC from Silk Road

    • The US government has issued a notice on the sale of over $130 million in BTC linked to Silk Road.
    • Court documents indicate this includes 2,874 BTC seized from drug trafficker Ryan Farace and 58 BTC from convicted law enforcement agent Sean Bridges.
    • BTC price remained near $40k, but market is watching Ethereum, Solana.

    Crypto news today is dominated by the US government’s notice about its plans to sell over $3,200 Bitcoon (BTC) worth more than $130 million. Documents show that these bitcoins are part of the forfeitures related to the infamous darknet marketplace Silk Road.

    While the news has had no major impact on BTC price as of writing, the market is abuzz with what the outlook for the top crypto by market cap could mean for altcoins. Elsewhere, the potential resurgence in meme coins has traders eyeing the next gem. Could Memeinator (MMTR) be one of the tokens to watch?

    US government to sell BTC worth $130 million

    On Thursday, January 25, the United States government filed a notice seeking to sell more than $130 million in Bitcoin (BTC) seized from two individuals connected to the Silk Road darknet.

    According to court documents filed in the U.S District Court in Maryland, the government plans to sell 2,874 bitcoins seized from Ryan Farace and Sean Bridges in February 2021 and 58 bitcoins seized from Farace in May 2021.

    At the time of the government’s notice, the approximate value of the first batch was $129 million, while the second carried a market value of about $3.3 million.

    The BTC forfeitures followed Farace’s conviction over drug trafficking. Bridges, a former Secret Service agent, was convicted of stealing the bitcoins during a Silk Road investigation. The public have 60 days (from the notice’s initial filing date of January 10, 2024) to file a petition if anyone other than the defendants has an interest in the forfeited BTC.

    In March last year, the US government announced it had sold 9,861 BTC for $215 million and would liquidate another 41,500 BTC in four batches over the course of the year.

    Documents filed in court at the time showed the bitcoins in were from the 51,351 BTC authorities seized from James Zhong in November 2022. Zhong was arraigned over wire fraud charges related to Silk Road marketplace.

    Altcoins to watch amid BTC price outlook: Ethereum, Solana, Memeinator

    The latest BTC sale from the US government comes as crypto battles downside pressure, with GBTC outflows having decimated retail sentiment in recent weeks.

    Bitcoin remains near the $40k level though, and as JPMorgan analysts said on Thursday, the Grayscale sell-off pressure may be ending. What does this mean for the broader market?

    Experts opine that a potential rebound from current levels could put BTC on track for a retest of recent peak at $49k. Long term, the bullish outlook is helped by the upcoming block reward halving, with predictions that Bitcoin price could break above $100k by the end of the year or early 2024.

    This has the altcoin market also bullish long term, with top altcoins likely to see fresh traction including Ethereum and Solana. While BTC could dip to new 2024 lows following this week’s dive to $38,600, ETH and SOL could seek support levels below $2k and $80 respectively. 

    These levels or lower could provide great buying opportunities.

    A look at Memeinator (MMTR)

    Solana’s 2023 surge was helped by a spike in meme coin activity, with the likes of Bonk skyrocketing to reignite a meme coin resurgence. BONK price has dropped significantly as SOL struggled. 

    This means the market may be on the hunt for a new meme coin gem.

    With fresh momentum building up amid broader market interest in its presale, the Memeinator (MMTR) could be one of the tokens to explode in coming months. Boosting of genuine utility, laced within a play-to-earn ecosystem, Memeinator is designed to return meme culture to the industry.

    As a meme coin on a mission to end the menace of poor quality copycat meme tokens, this project could be poised to challenge top dog-themed coins Dogecoin and Shiba Inu. 

    Memeinator’s presale has raised over $3.9 million and is currently in stage 13. The MMTR price of $0.0197 at this stage is likely to be a major bargain should the project go on to dominate the meme market as projected.

    Find more about Memeinator from its whitepaper or visit the presale page.

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  • BTC expected to slide to $40,000

    BTC expected to slide to $40,000

    • Bitcoin (BTC) is expected to drop to as low as $40,000 despite hitting $49,000 post-SEC approval.
    • Crypto Fear and Greed Index drops to neutral after hitting October 2023 lows.
    • Investors seek clarity as Google searches spike 1,100%, questioning BTC’s fall.

    In a rollercoaster week for the cryptocurrency market, the approval of spot Bitcoin ETFs in the US sent shockwaves through the industry. Bitcoin’s initial surge to $49,000 quickly turned into a decline, leaving market sentiment in a state of uncertainty.

    As investors grapple with the aftermath, key indicators and market analyses offer insights into potential price movements and the impact of ETF approval on Bitcoin’s trajectory.

    Bitcoin’s whirlwind

    Bitcoin, the world’s largest cryptocurrency, experienced a momentous turn of events following the approval of spot Bitcoin ETFs by the SEC. The announcement triggered a rapid price surge, with BTC’s price reaching $49,000 within 24 hours. This surge was met with excitement, as industry players celebrated a significant step toward mainstream adoption.

    However, the bullish rally was short-lived, as profit-taking sentiments among traders led to a substantial correction. Bitcoin tumbled to $41,500, wiping out the gains and prompting a shift in market sentiment. This sudden decline raised questions about the sustainability of the bullish momentum and the immediate implications of ETF approval.

    Crypto Fear and Greed Index reflects changing sentiment

    In the aftermath of the price turbulence, the Crypto Fear and Greed Index, a reliable gauge of market sentiment, took a notable hit. Dropping to its lowest level since October 2023, the index on January 15 stood at 52 out of 100, marking a shift to “neutral” sentiment. The decline in sentiment contrasts starkly with the earlier peak of “extreme greed” at 76, recorded during the anticipation of SEC’s approval.

    Analysts suggest that the index’s plunge reflects the market’s response to the ETF approval, with the initial excitement giving way to a more cautious stance. The $BTC community, eager for mainstream adoption, is now grappling with uncertainties surrounding the performance of spot Bitcoin ETFs.

    Lingering uncertainties

    Despite the approval of spot Bitcoin ETFs being hailed as a groundbreaking development, the market response has been mixed. The surge in Google searches, with a 1,100% increase for “Why is Bitcoin falling?” underscores the growing need for clear and accurate information. Investors and enthusiasts alike are navigating uncertainties, with a lack of transparency about the assets underpinning these ETFs adding to the caution.

    As Bitcoin hovers around $42,700, stability is sought amid conflicting data and speculative narratives.

    However, the future of Bitcoin (BTC) remains uncertain, with market participants closely monitoring liquidity levels, ETF performance, and the broader impact on the cryptocurrency ecosystem.

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  • Bitbot gears up for presale amid uncertainty ahead of first BTC options expiry post ETF approval

    Bitbot gears up for presale amid uncertainty ahead of first BTC options expiry post ETF approval

    • BTC options expiry reveals short-term volatility post ETF approval.
    • Bitbot’s presale on Jan 17 promises unprecedented excitement with self-custodial solutions.
    • With a total supply of 1 billion tokens, Bitbot aims for a $1B market cap and top listings.

    As 2024 signals the potential start of a new bull run, the crypto market is buzzing with excitement. The recent Bitcoin ETF approval sparks short-term volatility, while Bitbot, a revolutionary Telegram trading bot, gears up for its token presale on January 17.

    In this article, we delve into the first anticipated Bitcoin options expiry post Bitcoin ETF approval and the upcoming Bitbot presale, exploring the potential for exhilarating opportunities in the evolving crypto landscape.

    First BTC Options expiry post Bitcoin ETF approval

    The approval of the Bitcoin Spot ETF on Wall Street has set the stage for unprecedented market movements. Despite the historical significance, Bitcoin’s price exhibits a muted response, currently trading at $46,080.

    According to Greeks.Live, as of January 12, 36,000 Bitcoin options are on the verge of expiration, presenting a Put Call Ratio of 0.9. With a Maxpain point at $45,000 and a notional value of $1.68 billion, the market anticipates a short-term rollercoaster ride.

    Crypto market post-Bitcoin ETF approval

    While the adoption of the Bitcoin Spot ETF promises long-term benefits, short-term uncertainties persist. Short-term implied volatilities (IVs) experienced a peak before declining, creating an environment of caution and anticipation among investors.

    Santiment’s data suggests a potential shift post-ETF approval, with a slight decrease in active Bitcoin (BTC) wallets. Although this might not significantly impact prices, traders may explore transitioning to ETF exposure, adding a layer of intrigue to market dynamics.

    Bitbot’s presale buzz

    As the crypto community braces for potential market shifts, Bitbot, a Telegram bot, emerges as a disruptive force, offering a self-custodial trading solution on Telegram. The Bitbot token presale, set to launch on January 17, introduces a new wave of excitement and investment opportunities.

    The Telegram bot boasts a total supply of 1,000,000,000 tokens. The presale, spanning eight stages, will see 30% of the tokens distributed. An additional 20% is allocated to the Bitbot development team to fund ongoing innovation, ensuring long-term utility.

    Bitbot’s ultra-flexible wallet management, powered by MPC custodial API technology, sets it apart. The MPC system replaces private keys with individual key shares, enhancing privacy and accuracy. Knightsafe, Bitbot’s custody partner, adds an extra layer of security with an open-source and decentralized digital asset self-custody service.

    Is Bitbot a good investment?

    Well, any cryptocurrency investment move is up to the investor. However, a thorough background check and market analysis are required due to the volatile nature of the cryptocurrency market.

    As Bitbot’s presale launch approaches, it is important to note that the Telegram bot introduces an Anti MEV Bot, preventing monitoring by MEV bots and anti-rug features to thwart potential scams. Additionally, Bitbot users can copy trades of top traders, enjoy a built-in referral program, and sign up with ease, creating an enticing user experience.

    Bitbot allocation strategy, focusing on development, marketing, and liquidity provision, aims to achieve a $1B market cap and secure listings on top exchanges. In addition, the upcoming $100K competition adds a layer of excitement, making Bitbot a potential gem in the evolving crypto landscape.

    Conclusion

    In the midst of evolving market trends and the potential for a crypto Bull Run, Bitbot and Bitcoin stand as key players.

    The BTC options expiry and Bitbot’s presale create a dynamic landscape, offering traders and investors a myriad of opportunities.

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  • Grayscale’s GBTC tops ETFs, Standard Chartered bullish on BTC, Meme Moguls trending in BTC ETF buzz

    Grayscale’s GBTC tops ETFs, Standard Chartered bullish on BTC, Meme Moguls trending in BTC ETF buzz

    • Standard Chartered forecasts $200K Bitcoin by late 2025, banking on ETF approval.
    • Grayscale’s GBTC outpaces 99% of ETFs, trading close to half a billion dollars.
    • Meme Moguls, a meme-backed stock market, enters the crypto space with presale buzz.

    As the crypto world buzzes with anticipation over the potential approval of spot Bitcoin ETFs in the US, major players are making bold predictions. Standard Chartered forecasts a staggering $200,000 target for Bitcoin by late 2025, contingent on ETF approval.

    Simultaneously, Grayscale’s Bitcoin Trust (GBTC) is making waves, outpacing the majority of ETFs in trading volume. Amidst this, a new player, Meme Moguls, is poised to capitalize on the ETF momentum.

    Standard Chartered’s $200K Bitcoin projection with ETF approval

    Standard Chartered, a banking giant, has made a striking projection for Bitcoin’s future. The multinational firm predicts a potential surge to nearly $200,000 by late 2025, riding on the approval and success of Bitcoin exchange-traded funds (ETFs) in the US. This optimistic forecast, shared on X by Entrepreneur and Bitcoin investor Lark Davis, is underpinned by the belief that spot Bitcoin ETFs could attract significant inflows, ranging from $50-100 billion in 2024.

    The bank’s Head of Digital Assets, Geoff Kendrick, and Precious Metals Analyst Suki Cooper base this projection on the assumption that US-listed spot Bitcoin ETFs could hold a substantial amount of Bitcoin by the end of 2024, potentially multiplying its current price by 4.3 times. Kendrick and Cooper draw parallels with the growth trajectory of gold exchange-traded products, envisioning a more rapid ascent for Bitcoin given the expected faster development of the BTC ETF market.

    Grayscale’s GBTC outpaces ETFs in trading volume

    While Standard Chartered makes forward-looking predictions, Grayscale’s Bitcoin Trust (GBTC) has already demonstrated significant prowess.

    According to industry expert Eric Balchunas, GBTC traded close to half a billion dollars on January 8, surpassing over 99% of the approximately 3,000 existing ETFs. Balchunas points out that if spot Bitcoin ETFs get approved, Grayscale will enter the market with substantial trading volume, giving it a significant advantage over its competitors.

    Meme Moguls seizing the opportunities amid the ETF buzz

    In the midst of the ETF buzz, a newcomer is entering the arena – Meme Moguls. This platform positions itself as the world’s first meme-backed stock market/exchange. As the crypto community eagerly awaits the potential approval of spot Bitcoin ETFs, Meme Moguls aims to capitalize on the growing interest in the cryptocurrency market.

    The Meme Moguls ecosystem is powered by the Meme Moguls Governance Token ($MGLS), featuring diverse meme-inspired assets and engaging community-driven features like a casino, trading platform, fantasy trader, and a metaverse world named Mogul Land.

    Meme Moguls is currently in the presale stage of its MGLS token, offering participants an opportunity to get involved in the world of meme trading and potentially become part of a groundbreaking utility-based memecoin. With a $10,000 giveaway at the end of each presale stage and ambitious plans to create 100 millionaires within the first three months of launch, Meme Moguls is setting high expectations.

    In the presale’s current stage, participants can access $MGLS for $0.0027, with a total supply of 3 billion tokens. Analysts predict substantial growth for $MGLS, aligning with the overall bullish sentiment in the cryptocurrency market.

    Conclusion

    In this dynamic landscape, where traditional financial institutions make ambitious forecasts, established entities like Grayscale showcase real-time strength, and emerging platforms like Meme Moguls strive to carve their niche, the crypto market remains an ever-evolving space.

    As the spotlight remains on the potential approval of spot Bitcoin ETFs, these developments mark significant steps in the maturation of the cryptocurrency ecosystem.

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  • Ferrari adds BTC, ETH, XRP to payment options; ADA, DOGE & QUBE ready for a jump

    Ferrari adds BTC, ETH, XRP to payment options; ADA, DOGE & QUBE ready for a jump

    The high-octane world of luxury cars has always been a hotbed for innovation, not just in design and performance, but also in the realm of customer experience and payment methods. On October 14, Ferrari, the iconic luxury carmaker, took a leap into the future by accepting crypto payments. 

    As we witness the impact of this move, there’s a new ICO in the crypto arena that’s been steadily garnering attention and redefining how we invest in AI technology startups – InQubeta ($QUBE).

    InQubeta ($QUBE) – a gateway to AI investments

    In a world increasingly driven by Artificial Intelligence, startups are often at the intersection of breakthrough innovations and immense growth potential. However, channelling investments into these ventures has been a challenge that often deterred potential investors. InQubeta is on a mission to revolutionize this space.

    Providing a robust platform for fractional investment in AI startups, InQubeta introduces QUBE tokens as the bridge connecting potential investors with promising startups. These startups, in their quest for funds, create some of the coolest NFTs representing either rewards or equity. These NFTs are then available for purchase by investors using QUBE tokens, creating a symbiotic relationship where startups acquire necessary capital, and investors enjoy the returns and benefits based on their NFT holdings.

    More than just another crypto to buy, QUBE is also a deflationary ERC20 coin, with an in-built burn mechanism. Moreover, as a governance token, QUBE is not just a passive investment. It grants its holders the power to shape the platform’s future, making decisions, proposing changes, and voting on pivotal aspects of InQubeta’s journey.

    Ensuring security and trust, InQubeta has received a positive audit from Hacken and a KYC verification from BlockAudit. With an ongoing presale that has already raked in over $3.7 million, the platform’s roadmap hints at a future filled with expansion; one that will make QUBE the best crypto investment of this decade.

    You can now buy a Ferrari with Crypto

    As reported by Reuters on Oct. 14, Ferrari has now opened the gates for its clientele to purchase luxury cars using the best cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Partnering with BitPay as its payment processor, this iconic brand ensures a seamless transaction experience for its customers. 

    Regardless of whether a client chooses to pay with traditional currency or cryptocurrency, there will be no difference in prices, fees, or surcharges. While the offering currently caters to U.S. customers, Ferrari also has its eyes set on the European market.

    The rising tide: ADA, DOGE & QUBE

    With the increasing integration of cryptocurrencies in mainstream industries, top altcoins like ADA Cardano (ADA), Dogecoin (DOGE), and InQubeta (QUBE ) are poised for significant market movements. As businesses and consumers alike become more crypto-savvy, these tokens, backed by robust projects and utilities, are likely to see a surge in demand and valuation.

    Cryptocurrencies are no longer the outliers; they’re rapidly becoming the norm. As we stand at this juncture, it’s not just about the cars we drive or the tokens we invest in; it’s about the future we’re collectively crafting. Pioneering platforms like InQubeta highlight the evolving narrative of the modern financial landscape. 

    To take part in the InQubeta project you can visit InQubeta Presale and join The InQubeta Communities.

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  • MicroStrategy’s latest BTC purchase sets Bitcoin price in motion

    MicroStrategy’s latest BTC purchase sets Bitcoin price in motion

    • Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase.
    • Concerns over the US dollar’s impact on BTC may be overstated by investors.
    • Coinbase holds about 5% of the total bitcoin in circulation.

    MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has made waves in the cryptocurrency market, causing a notable shift in Bitcoin’s price dynamics.

    The move was a demonstration of MicroStrategy, a prominent business intelligence firm led by CEO Michael Saylor, of its strong commitment to Bitcoin. The recent Bitcoin purchase sent ripples throughout the cryptocurrency world.

    A boost to Bitcoin price

    Before MircoStrategy’s BTC acquisition announcement, Bitcoin had briefly dipped below the $26,000 level, around which it has been hovering for a week. However, as soon as news of the purchase became public, Bitcoin price saw a significant upward movement, gaining several hundred dollars in value and hitting a daily high of $26,421.51.

    In addition to MicroStrategy’s purchase, China’s Shanghai People’s Court also recently made a significant announcement recognizing Bitcoin as a distinctive digital currency, despite the country’s established ban on cryptocurrencies. This recognition has garnered attention, notably due to Justin Sun, the founder of Tron, drawing attention to the Shanghai No. 2 Intermediate People’s Court’s recent publication, which outlines key characteristics of Bitcoin.

    The Shanghai court clearly distinguished Bitcoin from virtual counterparts like Q coins, emphasizing its unique attributes. These include Bitcoin’s scarcity, widespread global acceptance, and intrinsic monetary qualities. This acknowledgement represents a notable departure from China’s traditional classification of cryptocurrencies primarily as speculative investments.

    The recognition by the Shanghai People’s Court marks a shift in how Bitcoin is officially perceived within the Chinese legal system. While the ban on cryptocurrencies remains in place in China, this recognition of Bitcoin’s distinct nature as a digital currency signifies a nuanced perspective on its role and significance within the broader financial landscape. It highlights the evolving discourse surrounding cryptocurrencies in China and their potential utility beyond speculation.

    Bitcoin’s resilience

    Despite the volatility in recent weeks, Bitcoin has shown resilience. Last week, it reached a 20-day high at $27,500, only to experience a drop to $26,400 by the end of the business week, partly influenced by the US Federal Reserve’s latest meeting.

    The weekend remained relatively stable, with Bitcoin maintaining a level of around $26,600. However, Monday started on a bearish note, leading to a temporary dip below $26,000.

    MicroStrategy’s announcement acted as a catalyst, helping Bitcoin recover from this low point. While MicroStrategy’s continuous accumulation of Bitcoin strengthens the company’s position as a major institutional investor in the cryptocurrency, it also underscores the growing acceptance of Bitcoin as a valuable digital asset.

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  • Microstrategy has bought an additional 5,445 BTC

    Microstrategy has bought an additional 5,445 BTC

    • MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin.
    • The company now holds 158,245 bitcoins acquired for a total of $4.68 billion.

    MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its Bitcoin (BTC) haul again.

    In crypto news shared on Monday by Michael Saylor, the company’s founder and chairman, MicroStrategy recently acquired an additional 5,445 bitcoins to bring its total BTC holdings to over 158k.

    MicroStrategy now holds 158,245 bitcoins

    According to a filing with the US Securities and Exchanges Commission (SEC), MicroStrategy purchased the BTC for $147.3 million, acquiring each coin at the average price of $27,053. Per the document, the company now holds 158,245 BTC, which was cumulatively acquired for $4.68 billion. The average price of the entire acquisition is $29,582 per bitcoin.

    Saylor shared the news on his official X account on Monday.

    Bitcoin price outlook after MicroStrategy news

    BTC has not moved much over the past few days, with price ranging around the $26k level amid a lack of volatility across the market. On Monday, the benchmark cryptocurrency’s value was hovering around $26,130 on major crypto exchanges, with CoinGecko data showing a -1.8% return in the past 24 hours and 4.6% in the past seven days (as of 09:55 ET).

    For MicroStrategy, the declines below $27k (which was the average price for the latest purchase) means the 5,445 coins have seen a depreciation in value at current prices.

    As to what happens next for BTC, popular crypto analysts say there’s possibility fresh negativity could send the flagship crypto to support below $25k. A notable anchor below this level would be the psychological $20k zone.

    Crypto analyst and trader Joe Burnett says a bullish flip for BTC will take it to a new all-time high. With supply “incredibly dry”, all Bitcoin needs is a “spark of demand.”

    Among other catalysts, analysts are looking at the upcoming bitcoin halving and the potential for a first spot Bitcoin ETF approval by the SEC. Asset investment giant BlackRock is one of the companies looking to offer access to a spot ETF.

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  • Coinbase is largest Bitcoin (BTC) holder in the world: Arkham

    Coinbase is largest Bitcoin (BTC) holder in the world: Arkham

    Coinbase Crypto Exchange Logo And Bitcoin Symbol
    • Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio.
    • The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto.
    • Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X.

    Blockchain intelligence firm Arkham has reported that Coinbase holds Bitcoin (BTC) worth about $25 billion, making the cryptocurrency exchange the world’s largest entity holding the flagship digital asset.

    Arkham says Coinbase holds nearly 1 million BTC

    Arkham’s announcement on Friday was that it had identified nearly 1 million BTC on-chain for Coinbase reserves, with this making the US-based crypto behemoth “the largest Bitcoin entity in the world on Arkham.” The holdings account for about 5% of all bitcoin in existence and means the exchange’s BTC is nearly as much as that attributed to Bitcoin creator Satoshi Nakamoto.

    Coinbase is also reportedly home to 36 million deposit and holding addresses for BTC, one of which is a cold wallet with 10,000 BTC. There could be millions of other untagged assets, the intelligence platform noted.

    “Arkham has identified and tagged over 36 Million BTC deposit and holding addresses used by Coinbase, with their largest cold wallet containing ~10K BTC. Based on their most recent financials, Coinbase likely has thousands more BTC not yet labeled,” Arkham posted on X.

    Other than Bitcoin, the Coinbase portfolio also has 1.68 million Ethereum (ETH), 68.6 million Chainlink (LINK), nearly 223 million USD Coin (USDC) and 921,000 BNB (BNB). These assets contribute to Coinbase’s crypto portfolio of over $29 billion, according to data on Arkham as of September 22.

    Arkham’s report comes as Coinbase expanded its services further with a regulatory approval in Spain. As CoinJournal highlighted earlier today, the company has secured registration with the Bank of Spain to offer services as a crypto exchange and crypto custody wallet provider.

    Official entry into Spain adds to Coinbase’s regulatory milestones in Italy, Singapore, the Netherlands, Brazil and Canada. The exchange is also battling for regulatory clarity in the US.

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  • BTC to $30K? Glassnode Founders Think So; XRP, LINK, and QUBE Poised for Monumental Rise

    BTC to $30K? Glassnode Founders Think So; XRP, LINK, and QUBE Poised for Monumental Rise

    The crypto market is stirring with excitement after Glassnode founders made a bold prediction regarding Bitcoin’s future price trajectory. According to the founders of this top analytics firm, Bitcoin could soon potentially reach $30,000, which has sparked discussions and heightened enthusiasm. Additionally, other top altcoins making waves in the crypto landscape are Ripple ($XRP), Chainlink ($LINK), and InQubeta ($QUBE), which are poised for a monumental rise.

    This article will delve into the bullish price prediction of Bitcoin. Further, it will explore the promising trajectory of $XRP, $LINK, and $QUBE, including why they are the best cryptos to invest in.

    InQubeta ($QUBE): Predicted Strong Surge in 2023

    InQubeta and its native utility token, $QUBE, have generated significant interest in the crypto community. With its innovative ecosystem and novel concept, it aims to transform the most disruptive invention of this century: artificial intelligence (AI). By leveraging blockchain technology, it will become the first crowdfunding platform for AI startups via crypto and will democratize access to the AI market. This revolutionary move has seen it raise over $3.1 million in presales, making it poised for a monumental rise after its launch.

    Within its mutually beneficial ecosystem and NFT marketplace, AI startups can raise funds by minting investment opportunities, which will be tokenized as NFTs. On the other hand, by fractionalizing these NFTs backed by real-world AI investment, investors will be able to hold stakes in promising AI ventures regardless of their income. Other appeals of the token, which will contribute to its rally, include its governance function and staking mechanism. Token holders will be able to stake their tokens in exchange for rewards while also exercising voting rights.

    The ongoing $QUBE presale is currently at stage 4, priced at just $0.0133 per token. It has been tipped as a good investment thanks to its innovation and significant growth potential. According to forecasts, it will soar by 30x in the coming months.

    Bitcoin ($BTC): Bullish Glassnode Forecast

    Bitcoin is at the heart of the recent frenzy in the crypto market after the Glassnode founders’ bold forecast. This leading on-chain market intelligence’s prediction of Bitcoin reaching $30,000 has captured the attention of investors.

    As an authority in the crypto scene, this prediction is likely backed by on-chain metrics and historical patterns. The crypto community will be a spectator to how this prediction unfolds in the coming weeks. Nevertheless, Bitcoin is still the best crypto to invest in.

    XRP ($XRP): Transforming the Financial System

    $XRP is the utility token of Ripple, a payment protocol. Its traction in the crypto market has seen it become one of the top 5 cryptocurrencies by market capitalization. The waning influence of the SEC on its price and the growing adoption by payment services and financial institutions make $XRP poised for a significant surge.

    Hence, $XRP is one of the tokens to look to for immense growth in the coming months. This is thanks to its solid fundamentals and increasing adoption.

    Chainlink ($LINK): Enabling Interaction with Real-World Data

    Chainlink ($LINK) is a blockchain abstraction layer. It enables universally connected smart contracts via an Oracle network. Through a decentralized Oracle network, Chainlink allows blockchains to securely interact with external data or off-chain information. Chainlink plays a critical role in enabling smart contracts to interact with real-world data.

    Its growing adoption positions it for substantial growth. Moreover, Chainlink has exhibited resilience amid the turbulent broader market and has also shown strong bullish indicators. Consequently, it is one of the top crypto coins to hold for immense growth.

    Conclusion

    With Bitcoin stirring excitement within the crypto scene amid its $30,000 bullish forecast, altcoins sharing the spotlight are $XRP, Chainlink, and InQubeta. With these tokens poised for a substantial surge in the future, they represent investment opportunities not to be missed. To participate in the novel $QUBE presale that sits at the intersection of innovation and growth, Visit InQubeta Presale or Join The InQubeta Communities.

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