Wednesday, 28 February 2024

Crypto News

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…

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