Bitcoin (BTC) hitting $50,000—a level last seen in 2021—was enough to send ripples of excitement across the crypto community. With investors calling it the start of a “bull market,” enthusiasm is almost at a frenzy. The Bitcoin halving is another event expected to usher in a bullish wave, with investors anticipating BTC’s rise to $70,000 before April.
At the same time, altcoins are also enjoying a share of the spotlight, soaring alongside Bitcoin. Their massive upside potential means investors are constantly on the lookout for promising tokens, with Arbitrum (ARB) and InQubeta (QUBE) topping the list as the best cryptos to invest in.
InQubeta (QUBE): Staggering Profit Potential
InQubeta (QUBE) is an emerging crypto with staggering upside potential for a good number of reasons. For one, it is a blend of AI and crypto, which has been lauded as a bullish narrative. Further, as one of the most promising new ICOs—a low-cap gem—it has massive room for growth.
In stage 7 of the presale, a token costs only $0.0224, and analysts predict a 7,500% jump after its launch. This makes it arguably the best new crypto to invest in and a recommended presale.
Besides this, its innovative concept as an AI altcoin, which aims to reshape the fast-rising AI sector, immensely adds to its appeal. It seeks to transform the fundraising landscape of the burgeoning AI industry by building the first crypto-based crowdfunding platform for AI tech startups. Poised for adoption and massive growth, it is a good crypto to buy.
Bitcoin (BTC): $70,000 Before Halving?
Bitcoin (BTC) finally hit $50,000 earlier this week, a level last seen in 2021 during the last bull run. Hence, it comes as no surprise that investors call this the start of a bull market. We might be seeing the final days of the long bear market after all.
The launch of spot Bitcoin ETFs is one of the key factors responsible for the current BTC upswing. On January 10, the US SEC finally gave its green light for this investment vehicle, bringing a decade-long wait to an end. This development ushered in institutional demand for BTC, resulting in its price exploding.
Meanwhile, the BTC halving—which happens every four years—is another bullish event. It coincides with a surge in the price of BTC as rewards for miners’ halves, with investors and analysts speculating about whether Bitcoin will reach $70,000 before the event. Well, considering current market conditions, Bitcoin will likely reach this figure, making it one of the best cryptos to buy now.
Arbitrum (ARB): Massive Profit Potential
Arbitrum (ARB) is a well-known layer-2 scaling solution on Ethereum. It employs optimistic rollups, which improves its speed, scalability, and cost-efficiency. This contributes to making it a popular destination for developers seeking innovative scaling solutions.
The rise in investor sentiment post-BTC ETF has seen Arbitrum gather steam. The excitement around its rally is enough to compete with the enthusiasm around the upcoming Wormhole airdrop—one of the biggest in 2024—leaving holders excited.
With further upside in the future, investors have been positioning themselves in Arbitrum, aiming to ride its massive bullish wave. This makes it one of the best altcoins and a good crypto to buy.
Conclusion
While the crypto scene is abuzz with the recently concluded DYM airdrop and the upcoming Wormhole airdrop—a snapshot of eligible wallets already taken—the Bitcoin halving remains the biggest event of the year. The anticipation around the halving is expected to push BTC’s price up, perhaps to $70,000.
Meanwhile, investors have been positioning themselves to ride the altcoin wave, with Arbitrum and InQubeta as top picks. To participate in the QUBE presale, click the link below.
The post Can Bitcoin (BTC) Hit $70,000 Before Halving? Investors Position for Staggering Gains in Arbitrum (ARB) and InQubeta (QUBE) appeared first on CoinJournal.
