Ex-Goldman Exec Predicts Bitcoin Bubble; Polkadot Rival Sees Major Influx of Capital

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12 Feb 2024

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Ex-Goldman Exec Predicts Bitcoin Bubble; Polkadot Rival Sees Major Influx of Capital

IndustryTrends
February 10, 2024 2 mins read
Many people recently have flooded social media to share their 2c on Bitcoin’s price, as speculation runs rampant in anticipation of the halving. Investing in BTC ETFs has been a hot-button issue, and this time, an ex-employee of Goldman Sachs has had their say. Plus, we’ll be taking a deep dive into the new Polkadot rival that’s gaining traction in the market, which goes by the name of InQubeta.

A Different Perspective On The BTC Chart

Former Goldman Sachs executive Raoul Pal recently suggested that the crypto markets might be approaching a colossal bubble cycle.
Raoul Pal outlined his assessment of the probable future of crypto market cycles, attributing a 60% chance to a regular cycle akin to the last one or perhaps more reminiscent of the 2017 cycle, which witnessed some frenzy. He considers there to be a 20% likelihood that the current cycle might be compressed in time due to overwhelming retail demand, potentially leading to a shorter cycle than anticipated.
He reflected on the possibility that, similar to previous cycles, this one might also fall short of expectations in terms of duration. Additionally, he allocated another 20% probability to the scenario of a massive bubble cycle, comparable to those seen in 2012-2013 and 2015, driven by the now widespread ability for participation, potentially leading to extreme market behavior.

InQubeta

InQubeta (QUBE) emerged as one of the best cryptocurrencies to invest in during 2023, especially among crypto whales. InQubeta is pioneering a new era in crypto crowdfunding, focusing on fractional investments in AI startups using QUBE tokens.
The concept behind InQubeta is revolutionary, as it enables investors to access AI startups through NFTs, which represent various rewards and equity stakes in these companies. The NFTs are then made available on InQubeta’s NFT marketplace, where investors can easily browse, evaluate, and invest using QUBE tokens, making it a top crypto to buy.
Furthermore, InQubeta has introduced a governance component to its QUBE token, granting holders the power to actively participate in the decision-making processes of the platform. This makes it a truly community-driven ecosystem, where token holders can propose, discuss, and vote on platform-related matters.

Visit InQubeta Presale

Conclusion

This crypto cycle has proven itself to be filled with ups and downs following the SEC Decision on Bitcoin ETF. As the halving edges closer and closer, many experts are sharing their opinions, hoping for a price pump. InQubeta is prepping for another price hike shortly as more and more investors take part and take notice of their movement.

Visit InQubeta Presale

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Disclaimer: Any financial and crypto market information given on Analytics Insight is written for informational purpose only and is not an investment advice. Conduct your own research by contacting financial experts before making any investment decisions, more information here.