The crypto market is on the rise, with frenzy at its peak. This was last experienced during the last bull run, when Bitcoin (BTC) hit $70,000 and Ethereum (ETH), the leading altcoin, soared past $4,800. Meanwhile, amid this revival, headlines have emerged regarding the new ICO InQubeta , which has already raised $11 million in pre-sale investments. At the same time, MAVIA, the native token of the Web3 mobile game Heroes of Mavia, increased in value by more than 17%.
Bitcoin reached a record high over $70,000
Bitcoin surged to a record peak on Friday in tumultuous trading, as crypto fervor continued to sweep through the investment community. The foremost cryptocurrency exceeded the $70,000 mark for the first time, propelled by investor demand for new U.S. spot exchange-traded crypto products and anticipations for a global decline in interest rates. It ascended to as high as $70,105 before slightly declining, and was last transacting at $68,317.72.
BTC and ETFS
Billions of dollars have streamed into ETFs in the recent weeks, and the market is receiving supplementary backing from an outlook that encompasses an upgrade to the ethereum blockchain platform, domicile to the second-largest cryptocurrency ether, and a bitcoin “halving” event, which decelerates the flow of bitcoin minting, in April. Nevertheless, some assert it’s challenging to dispel the speculative nature of these assets. After reaching a record pinnacle on Tuesday, bitcoin sharply reversed direction and fell more than 10% back below the $60,000 level.
InQubeta Presale: Manifestation of Concept and Innovation
During this resurgence, headlines have surfaced concerning the new ICO InQubeta, which has already amassed $11 million in pre-sale investments. Concurrently, MAVIA, the indigenous token of the Web3 mobile game Heroes of Mavia, augmented in value by over 17%.
InQubeta aims to construct the inaugural crypto-based crowdfunding platform for tech startups. Within its tailor-made NFT marketplace, startups will have the ability to raise capital by minting investment opportunities as NFTs. Moreover, investors can possess stakes in AI ventures irrespective of their income.
In the midst of Bitcoin’s triumph in the crypto market, InQubeta is performing well in the pre-sale phase. With funding already reaching $11 million, InQubeta strives to transform the way investors approach AI startups. Leveraging blockchain technology, InQubeta facilitates fractional investments through QUBE tokens, thereby broadening opportunities for investors to engage in the promising field of artificial intelligence. This strategy not only democratizes investment opportunities but also enables AI startups to receive the crucial funding they require to thrive.
The astronomical ascent of MAVIA
At the same time with InQubeta’s accomplishments, MAVIA emerged as one of the foremost players in the cryptocurrency market, and its price rose significantly. Not long ago, the acquisition of MAVIA tokens by one of the Ethereum wallets stimulated considerable interest in this token, contributing to an uptick in its price. This enthusiasm is partly fueled by the potential of Heroes of Mavia, a mobile Web3 MMO game that intends to amalgamate entertainment with blockchain technology. Thanks to the utilization of Ethereum and Arbitrum in the game, the reach of the finest cryptocurrencies is expanding, transcending conventional investment instruments and providing users novel ways to engage with digital assets.
