Reddit Invests Excess Cash Into BTC and ETH; Aptos’ (APT) Bulls Propel Price; InQubeta (QUBE) Gears Up for Explosive Launch

Reddit, a social media giant, revealed it has been using its excess cash reserves to add small amounts of Bitcoin (BTC) and Ethereum (ETH) to its treasury since 2022. Considering crypto’s novelty in the financial scene, it is making incredible strides in going into the mainstream. Per the February 22 initial public offering filing with the US SEC, the company believes crypto and blockchain have “significant potential.”

Amidst the buzz created by Reddit’s crypto adoption—and the excitement around GoDaddy’s integration with ENS and Wormhole’s snapshot of its upcoming airdrop—the crypto market is on an upswing. Aptos (APT), one of the top altcoins, is being propelled by the bulls, with its joyride in full swing. At the same time, InQubeta (QUBE), an emerging crypto with potential and a top ICO, is gearing up for an explosive debut, positioning it as the best new crypto to invest in.

InQubeta (QUBE): Poised to Skyrocket After Launch

InQubeta (QUBE) has been hailed as one of the best cryptos to buy now for good reasons. It is among the most promising new ICOs, recently blasting through $10.4 million in presales. Further, given its bullish narrative—a blend of AI and crypto—it is set to skyrocket after its launch.

In stage eight of the presale, a token costs only $0.0245. Analysts’ confidence in its potential is through the roof, tipping it for a 60x jump post-launch—a recommended presale. Hence, if you wish to position yourself for massive gains, InQubeta is a bullish wave to take advantage of. 

Besides the anticipated gains from investment, InQubeta also boasts solid fundamentals. Its vision is to solve key issues within the AI sector, especially fundraising. Therefore, it will build the first crypto-based crowdfunding platform for AI startups through crypto—the QUBE token—and effectively solve issues related to funding within the industry.

Reddit Tilts Towards Crypto

In a February 22 initial public offering filing with the US SEC, social media giant Reddit stated, “We invested some of our excess cash reserves in Bitcoin and Ether.” This sparked a flurry of excitement within the crypto scene, as expected. Crypto’s mainstream adoption might be in full swing after all—what a time!

According to Reddit in the filing, “We believe cryptocurrencies and blockchain technology have significant potential.” However, it voiced its uncertainty about its long-term adoption, considering its novelty.

While its reservation is understandable, it is clear that Reddit remains a fan of crypto. With crypto set to be integrated deeper into everyday finance and mainstream following the approval of spot Bitcoin ETFs by the SEC, we will likely see more companies tilting towards crypto in the future.

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Aptos (APT): Charting an Upward Trajectory

In the crypto market, Aptos (APT) has been on a roll, stirring up excitement within the community. Its performance this week has been remarkable, capturing the attention of both investors and traders—holders must be smiling at their green portfolio.

While charting an upward course, Aptos also plays a key role within the crypto space. It is a layer-1 proof-of-stake (PoS) blockchain that is enjoying much attention from developers. Its vision is to bring mainstream adoption to Web3 and build decentralized applications (dApps) that solve real-world user problems.

The bulls are currently in full swing, with its upside expected to persist—at least for a while. If you seek significant gains, Aptos is one of the best cryptos to buy now as it races towards its all-time high (ATH).

Conclusion

Reddit might be the newest crypto fan, recently announcing that it is investing its excess cash into Bitcoin, Ethereum, and other “non-security” cryptos. Meanwhile, Aptos is enjoying a period of rallying, while InQubeta is preparing to explode after its launch. You can become an early QUBE adopter or holder by clicking the link below.

Visit InQubeta Presale  | Join The InQubeta Communities

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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