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Breaking News: Senate Update On Crypto Market Structure Bill—Here’s What’s Happening Now

Musk Considers Bitcoin for Project X; Arbitrum and InQubeta Solidify Investor Confidence

Bitcoinist
by Bitcoinist
Last Updated: January 21, 2024 2:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Elon Musk, the CEO of Tesla and SpaceX and owner of X (formerly Twitter), is the richest person and one of the most influential in the world. With a net worth of $251 billion, he is known for his positive stance on crypto, with Dogecoin (DOGE) being his favorite. In an exciting development, he hinted at using Bitcoin (BTC), the world’s first and largest cryptocurrency, on X. If this plays out, it will be bullish for Bitcoin in light of the SEC decision on Bitcoin ETFs, with the agency approving the investment product on January 10.

Meanwhile, Arbitrum (ARB) and InQubeta (QUBE) have been stirring up quite a buzz in the crypto scene and X. Their massive upside potential solidifies investors’ confidence, making them the best cryptos to buy now.

InQubeta (QUBE): Growth and Potential

InQubeta (QUBE) is one of the new investor favorites for several reasons. As a top ICO, it has staggering upside potential. Worth noting are its solid fundamentals, which are set to transform the fast-rising AI sector. These have played key roles in solidifying investor confidence, as demonstrated by the presale soaring past $8.4 million.

Aiming to reshape the AI industry, it will build the world’s first crowdfunding platform for tech startups through crypto. Its utility token, QUBE, will be used for AI fundraising and investment activities, making it the most promising at the moment. To raise funds, startups will mint investment opportunities as NFTs (non-fungible tokens), which will be offered to potential investors on the NFT marketplace.

In stage 7 of the presale, a token costs just $0.0224. Tipped for a 70x rally after launch, it is the best new crypto to invest in. To become an early holder, follow the link below.

Bitcoin (BTC): Potential Addition to X

Elon Musk, the CEO of SpaceX and Tesla and now the new owner of X (formerly Twitter), considers Bitcoin (BTC) the best cryptocurrency for Project X. In December, Musk announced the much-anticipated payment feature on X, which he said would roll out in the second quarter of 2024. This move will make X (formerly Twitter) an “everything app”.

Musk’s consideration of Bitcoin for X saw speculation die a natural death. In a space on X titled “ARK 21Shares Bitcoin ETF (ARKB),” speaking with CEO Cathie Wood, he clarified that he is “open to using BTC on X.” This development has stirred up excitement in the crypto world, which will add to Bitcoin’s already numerous use cases.

This development—if it plays out—along with institutions now investing in BTC ETFs after the SEC decision on Bitcoin ETFs will be bullish for the crypto. To avoid FOMO (fear of missing out) later on, we suggest grabbing a bag of BTC to better position yourself.

Arbitrum (ARB): Restored Investor Confidence

Arbitrum (ARB) is at the heart of the current market frenzy, stirring up excitement. Its growing traction has restored investor confidence. To catch this rising wave, we suggest holding some Arbitrum tokens if you don’t have it in your crypto portfolio already.

The rise in investor confidence is partly caused by its rising momentum and the massive demand for its solution. As a layer-2 scaling solution on Ethereum, Arbitrum has been one of the most sought-after. Its speed, scalability, and cost-efficiency are only rivaled by a few, if any. Hence, it is one of the best coins to invest in currently if you wish to position yourself for significant gain.

Conclusion

Elon Musk is considering the addition of Bitcoin to X in a move that will be bullish for crypto. Meanwhile, Arbitrum and InQubeta have emerged as altcoins to watch after cementing investor confidence. If you wish to participate in the InQubeta presale, click the link below.

Visit InQubeta Presale

Join The InQubeta Communities

 

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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