2024-2-21 18:00 |
The next Bitcoin (BTC) halving is months away—scheduled to take place in April—and is one of the most anticipated events. It happens every four years, with only three recorded so far, and is typically characterized by explosive growth in the price of BTC. While a similar pattern will likely emerge after the next halving following the reduction of miners’ rewards and supply, one thing will be different: institutional interest.
The SEC’s approval of spot Bitcoin ETFs and their introduction on Wall Street means there is now a growing appetite among institutions. This new era in crypto investment signifies a shift from mere speculation to institutional players now adopting long-term, strategic positions. Absent during previous halving events, this might just be the missing ingredient needed for Bitcoin to explode. So, fasten your seat belt and enjoy the anticipated bullish ride.
With the crypto scene abuzz with other exciting developments like the launch of the experimental ERC-404 token standard and GoDaddy’s recent integration with ENS, excitement is nearing its peak. Riding this wave, whales are on the lookout for promising gems, with InQubeta (QUBE), a popular ICO, right on their radar. This emerging crypto boasts massive potential, making it one of the best cryptos to invest in.
InQubeta (QUBE): Significant growth potential2024 is shaping up to be a bull market, and one of the altcoins to ride the bullish wave to its full extent is InQubeta (QUBE). This emerging AI altcoin is currently one of the most promising new ICOs, boasting massive upside potential. This explains whales’ massive interest and its surge past $9.7 million in early funding.
The ICO is currently in stage 7 at a token price of $0.0224, and analysts predict a staggering 85x upside potential. This makes it a recommended presale and one of the best cryptos to invest in.
While its explosive growth potential is one of its key appeals, other key features make it more appealing. For starters, it is an AI altcoin that aims to reshape the fast-rising AI market, especially the fundraising landscape. To this end, it will build a crypto-based crowdfunding platform for AI tech startups and an NFT marketplace.
Of equal importance are its governance function, deflationary tokenomics, and staking reward pool. If you wish to become an early QUBE adopter or holder, you can participate in the presale now for massive gains.
Bitcoin (BTC): What to expect during the upcoming halvingThe next Bitcoin (BTC) halving—a four-year event—is expected to take place in April. Since the digital currency launched in 2009, there have only been three halvings, with the last three in 2020, 2016, and 2012. The next halving event will be the fourth—the most anticipated event in 2024.
If you are a crypto newbie, you must be wondering what the fuss is all about. Alternatively, if you are an “oldie,” we will cover why this event will be different from the ones in the past and why you shouldn’t miss out.
In simple terms, Bitcoin halving means the reduction of miners’ rewards by 50%—from 6.25 to 3.125 BTC this time around. The ensuing effect that follows this reward halving is a reduction in BTC creation and supply. The total Bitcoin supply is capped at 21 million, and over 19 million have already been mined, leaving less than 2 million BTCs to be created.
So, what should we expect in 2024? Typically, just like during the previous events, a remarkable surge in the price of Bitcoin is expected. After the first Bitcoin halving in 2012, BTC skyrocketed from $12 to $125 within six months. A similar bullish trend was evident during the 2016 and 2020 halving. In light of this, investors being bullish on BTC comes as no surprise.
However, this year’s halving has an ace up its sleeve that preceding halvings lacked: institutional adoption and interest. Following the launch of spot Bitcoin ETFs, institutions aren’t just mere spectators or speculators, but active players with long-term strategic positions. This signals the maturity of the crypto market, with institutional players positioning themselves to ride the bullish wave.
In light of the above, Bitcoin is one of the best cryptos to buy now and a bullish wave not to miss out on. To avoid FOMO (fear of missing out) as it races towards a new all-time high (ATH), now might be the best time to add to your BTC holdings.
ConclusionThe next Bitcoin halving is expected to see rising institutional interest, with these players set to position themselves for massive gains, thereby resulting in BTC’s explosive growth. At the same time, InQubeta is tipped to ride the bullish wave, making it one of the best coins to invest in.
You can find out all things QUBE by visiting InQubeta presale or join their InQubeta communities.
The post What will be different in the next Bitcoin halving? Investors eye InQubeta (QUBE) for staggering gains appeared first on Invezz
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