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HomeNewsBitcoin ETFs Face Hurdles, Celestia & AI Altcoin See Investment Spike

Bitcoin ETFs Face Hurdles, Celestia & AI Altcoin See Investment Spike

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The cryptocurrency market has experienced a positive change following net outflows, with net inflows of $862 million over the last week as opposed to net outflows of $931 million the week before. Still, there is less interest in spot Bitcoin (BTC) exchange-traded funds (ETFs) since daily trading volumes have dropped to $5.4 billion, down 36% from the peak of $9.5 billion in early March. Amid these hurdles, Celestia (TIA) and emerging AI altcoin InQubeta (QUBE) have gained attention from investors, causing a surge in investments on their platforms.

Investors are positioning themselves to ride the impending wave as Celestia’s momentum continues to increase. Also, InQubeta has raised over $13.2 million in its ongoing cryptocurrency presale, marking a significant milestone. This is an impressive accomplishment for the emerging crypto team and shows how the cryptocurrency market is becoming increasingly interested in AI-focused investment opportunities.

Let’s examine the reasons behind the investment spike in Celestia and InQubeta and the challenges Bitcoin ETFs face.

InQubeta (QUBE) Enables AI Startup Investments

InQubeta is an AI-focused platform where startups can raise money for their projects. Its presale phases have brought in more than $13.3 million. InQubeta uses the QUBE token, a native cryptocurrency, to handle all transactions and investments on its platform. The ERC-20 protocol powers the token, now making headlines due to its successful presale, making it a recommended presale for investors. 

The QUBE token, one of the best altcoins to watch this year, offers a staking mechanism that allows its owners to profit without losing ownership of the asset. Staked tokens are locked resources useful for network security. They also encourage blockchain development and increase the number of purchasers. As long as it suits them, token holders can agree to stake their assets and continue to earn passive income. The QUBE team established a distinct liquidity pool for staking rewards updated with tax payments. 

The presale has sold over 961 million tokens due to investors’ high interest in becoming early holders. The large number of participants in this top ICO makes sense. First, as an emerging crypto, it has much upside potential. The token is available for just $0.028 in its final presale stage. InQubeta’s recommended presale has performed remarkably, with analysts predicting 7,500% growth following its launch.

Celestia (TIA) Displays Positive Momentum

Celestia is a bullish wave and a must-have cryptocurrency. When it launched in the last quarter of 2023, it had quite the run. It delighted early holders as one of the biggest highlights of the year. It is one of the best altcoins to purchase right now as it obtains traction and keeps rising in value.

TIA is quickly rising to the top of the investor ranks as a favorite and a low-cap gem with enormous growth potential. Investors have been hoping to ride this massive bullish wave and reap considerable profits. It is also important to the cryptocurrency industry as a modular blockchain network. The TIA project is one to keep an eye on, as adoption is increasing daily from investors.

Bitcoin (BTC) ETF Activity Declines

The price of Bitcoin has fluctuated recently as expectations that the Federal Reserve will soon lower interest rates have diminished, and demand for spot ETFs has cooled. “In the last couple of weeks, there’s been the first slowing down in pace of inflow,” Matteo Greco, an analyst, stated. According to statistics from the CME (Chicago Mercantile Exchange) group, there is a 95% chance that the Fed will hold target rates at its meeting in May, another reason for the recent decline and slowing interest in ETFs. These trends are also indicative of restrictive Federal Reserve activity.

Starting with the second quarter of 2024, the overall inflows into the eleven spot  BTC ETFs fell short once more. The spot Bitcoin ETFs saw a net outflow of $85 million on Monday, April 1. The whole cryptocurrency market has recently been under pressure as BTC dipped but then recovered. Interestingly, the big correction happened right before the next Bitcoin halving.

Conclusion

Although Bitcoin ETFs have witnessed major cash inflows, they have faced some challenges. Celestia’s bullish wave and InQubeta’s integration of AI and blockchain have attracted considerable investors to their respective platforms. InQubeta’s unique token, powered by artificial intelligence, has captivated the cryptocurrency industry. The platform facilitates a fair playing field for cryptocurrency users in the startup industry. People can empower AI-driven enterprises and achieve financial independence by investing in these projects. To participate in this AI revolution, click on the link below.

Visit InQubeta Presale 

Join The InQubeta Communities

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John Kiguru
John Kiguru
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@ethnews.com Phone: +49 160 92211628
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