The year 2023 started on a good note for the global cryptocurrency market and the industry has managed to maintain its impressive performance throughout the first quarter. The cherry on the cake seems to be the slew of new cryptocurrencies launched in the past few months. Some of them, like InQubeta, have been rated among the best new icos of 2023 because of their next-generation features.
InQubeta is a state-of-the-art decentralized platform where startups working with artificial intelligence can seek funding opportunities from potential investors. Investors can look forward to accessing projects that leverage the best innovation in the field of AI. Powered by Ethereum, the platform is making strides by offering both parties mutually beneficial opportunities. In addition, it’s well-placed to drive innovation and catalyze the decentralized finance ecosystem. The following list features five other cryptocurrencies which, like InQubeta, are being rated as the altcoins to watch out for in 2023.
1. InQubeta: Empowering startups with DeFi
InQubeta is a platform where AI startups can score authentic fundraising opportunities from genuine investors. The investors also get to be part of AI innovation and explore opportunities that leverage pioneering technologies like AI. The native cryptocurrency is known as QUBE which has been deployed on the Ethereum network.
The QUBE token can be bought by participating in the presale process which comprises nine stages and an additional beta stage. As the price of the token will increase with each stage, the sooner you get your hands on the token the better. For instance, the token is now in Stage one and worth $0.00875, but by stage two it will rise to $0.0098 and continue rising until launch. All purchased tokens will have a vesting period of 12 weeks.
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The versatility and functionality of the QUBE token have propelled its popularity to such an extent that leading analysts are now including the coin in their best cryptocurrency ico lists for 2023. The token is a deflationary cryptocurrency which means that you don’t have to worry about your returns being affected by price fluctuations. Also, QUBE token holders get voting rights which they can use to vote for a proposal floated by a community member. Token holders are also eligible to move a proposal themselves.
The startups interested in exploring funding opportunities on InQubeta would first have to upload an NFT on the NFT marketplace. These NFTs would represent a reward like an equity share in the company that the investors would get in exchange for investing in the company. The investors can assess the opportunity represented by the NFT in the NFT marketplace. If they are convinced, they can pay for it using the QUBE tokens and the proceeds would then be transferred to the startup.
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2. DigiToads: Multiple earning options on one platform
DigiToads is a hybrid cryptocurrency as it sports features of three different crypto models — a meme coin, a play-to-earn game, and a staking portal. It’s an ideal opportunity for anyone looking to learn cryptocurrency trading for beginners as one can stake assets, trade coins, win crypto coins in Web 3.0 games, and enter trading competitions on the same platform. The platform has a native token called TOADS which is the primary cryptocurrency of the network.
One of DigiToads’ most popular features is its monthly trading competitions where community members compete to book the highest trade volume in a month. The winner gets a share of the profits they booked and a chance to learn treasury management from the DigiToads team. After an initial training period, the winners would be helping the team in managing the treasury every day.
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3. Filecoin: Where the cloud meets blockchain
Filecoin is a top altcoin where one can store data and assets seamlessly using its cloud computing-based storage marketplace. The blockchain layer has carved a niche for itself in the DeFi market by solving the problem of inefficient file storage and retrieval facilities. With Filecoin, one can access an efficient set of tools that can store your data and assets securely. The platform has released a native token called the FIL token that powers all transactions on the network. Users pay for the services availed on Filecoin with the token and miners use the FIL coin as collateral to guarantee their services as validators of the network.
Many developers seem to prefer Filecoin as it allows them the creative freedom to create custom storage services like iCloud or Dropbox. Anyone can onboard the platform and start storing their data or earn by providing space for another user’s assets or data. The platform allows users to become custodians of their data and make Web 3.0 storage services more accessible. As activities like mining FIL tokens and storing data or assets are directly related to the quantum of rewards that a user will earn, the functioning of stakeholders is very transparent.
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4. Internet Computer: Boosting dApps’ computational efficiency
Internet Computer is one of the best cryptocurrencies to buy today if you are someone who likes to explore technology-centric crypto coins. The blockchain was developed by the Dfinity Lab in 2022 and it enables developers to deploy dApps with higher computational and data storage efficiency. The blockchain also has a native token called ICP and it is the main cryptocurrency of the network.
The blockchain runs on a network of computing devices that are compatible with several computing standards. These computing devices are called node machines. The majority of proof-of-stake blockchains are currently hosted by validator nodes that are powered by cloud computing services. The Internet Computer, on the other hand, is hosted entirely by node machines which are maintained by independent data providers. The node machines are connected via the Internet Computer blockchain. What’s more, the blockchain has a governance system that can remove or eject node machines if they fail to generate ample blocks and keep up with the network speed.
Many developers refer to the Internet Computer as a world computer as many of its features can drive global impact. For instance, the network can function as a Web 3.0 enabler where Web 3.0 platforms can leverage the blockchain to tackle privacy issues linked with social networks. Sometimes, social media networks might pose privacy challenges like sharing sensitive information or overwhelming the user with advertisements. With Internet Computer, social media users can log in cryptographically with their Face IDs or fingerprint sensor. They can also share media and store files at a higher speed.
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5. NEAR Protocol: Exploring the potential of nightshade technology
NEAR Protocol is a Layer 1 blockchain that supports the creation of high-end and scalable dApps. NEAR Protocol equips developers with cutting-edge tools that remove challenges like low transaction speeds, lower throughput, and lack of interoperability between networks. With such challenges removed, developers get a conducive ecosystem for deploying dApps with user-friendly interfaces. For example, with NEAR Protocol, developers can leverage human-readable account names which is unlike other blockchains where cryptographic wallet addresses are common. Next, the platform offers unique solutions to problems faced while scaling a dApp and even has its consensus algorithm ‘Doomslug’. Its native token NEAR is the main cryptocurrency on the network.
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The major USP of the NEAR Protocol is nightshade technology which is a variant of sharding and the technology can massively help improve a dApp’s throughput. The method improves the overall capacity of the blockchain. Unlike regular sharding, the shards in Nightshade generate a fraction of a block which enables the network to process up to 100,000 transactions every second.
A lot of developers choose NEAR Protocol as it has been maintained by a community of developers – NEAR Collective. The community regularly updates the original code and releases updates. One of the upcoming projects on NEAR Protocol is Flux – a protocol for creating markets based on commodities, assets, and real-world events. Another new project on NEAR Protocol that is currently in the works is Mintbase, which is an NFT minting platform.
6. Quant: Expanding network of interoperable blockchains
Quant has evolved as one of the altcoins to watch out for with its efficiency at connecting blockchains and decentralized networks on a global scale. With Quant, developers can look forward to building globally scalable decentralized networks without having to cut corners on efficiency or interoperability. The platform’s native token QNT meets all transactional obligations that its users might encounter on the network.
The secret to Quant’s efficiency can be credited to Overledger which is a distributed ledger technology that functions as an operating system and helps in connecting blockchains. Being one of the earliest operating systems built specifically for blockchains, Overledger has been driving business growth for years.
With Overledger, Quant aims to bridge the gap between blockchains and make them interoperable. With Quant, developers can also deploy multichain dApps. Plus, they can build dApps that can connect with other dApps in the same blockchain ecosystem.
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What stands out about Quant is that it creates different layers dApps to interact at various levels. The platform has different layers for ordering, filtering, messaging, transactions, and for dApps to share messages related to other dApps. The platform’s App Store can read and monitor transactions. Using Overledger, developers can execute smart contracts across blockchains that don’t even support the contracts.
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Conclusion
Given how functional they are and their impressive market performance, you can opt for any of the above-mentioned cryptocurrencies, anytime you are struggling to decide what cryptos to buy now. Their power-packed features make them ideal options for anyone looking to make long-term gains. Of the six cryptocurrencies, InQubeta is the one that a lot of crypto analysts have been rooting for. Analysts have claimed that the cryptocurrency’s unique use case and higher growth potential are among its key USPs. Plus, they also believe that with an industry-linked use case, the platform will be able to contribute to the growth of both the startup and DeFi sectors. Market experts suggest that the QUBE token has the potential to cross 30x in terms of returns.
Having said that, it is important to note that these projections might change over time because of market volatility and global economic uncertainty. Hence, cryptocurrency users should always read up about a token and do their share of research before buying it. Researching the token helps one make well-thought-out decisions and avoid potential risks associated with the project.
Welcome to another edition of Crypto NFT Today! The past two weeks have been full of must-know events that will define the future of blockchain, cryptocurrency, and NFTs.
With cryptocurrencies jumping ahead of Trump’s inauguration, an inflation report for Bitcoin bringing encouragement, and more, there’s lots of essential news you should know about. So, let’s dive in and see what’s happening!
Cryptocurrencies Jump Ahead of Trump’s Inauguration
Cryptocurrencies surged on Thursday as investors shifted their focus to smaller, higher-risk coins ahead of President-elect Donald Trump’s inauguration.
XRP and litecoin were among the top performers, rising 13% and 22%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market indicator, gained nearly 5%. Meanwhile, bitcoin increased by less than 1%, hovering near $100,000 after a two-day rally of around 7% earlier this week. Ether dropped nearly 3% on Thursday.
Bitcoin’s Encouraging Inflation Report Releases
Bitcoin continued its rebound on Wednesday, hovering around $100,000 after another positive inflation report boosted investor risk appetite. The price of the leading cryptocurrency was up more than 3%, reaching $99,493.26, marking a 7% gain over the past two days, according to Coin Metrics. It peaked at $100,715.13 during late afternoon trading.
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The CoinDesk 20 index, which tracks the broader cryptocurrency market, rose by 7%.Shares of Coinbase climbed 7%, while Bitcoin-related stocks MicroStrategy and Mara Holdings saw gains of 5% and 4%, respectively.
Litecoin May Receive ETF Soon
With U.S. President-elect Donald Trump’s inauguration a few days away and new leadership set to take over at the Securities and Exchange Commission (SEC), other cryptocurrencies beyond bitcoin (BTC) and ether (ETH) may soon be approved for their own spot exchange-traded funds (ETFs).
Litecoin (LTC) is expected to be the first to receive approval, according to Eric Balchunas and James Seyffart, ETF analysts at Bloomberg Intelligence. “Canary Funds just filed an amended S-1 for their litecoin ETF application. While there are no guarantees, this could signal SEC engagement on the filing,” Seyffart shared on X.
Expert Predicts Dogecoin Surge
The crypto market often follows a cyclical pattern, with past price movements helping analysts predict future trends. Analyst Martinez applied this strategy in his commentary on Thursday, suggesting that Dogecoin could see another significant rise starting next week.
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Martinez pointed out that Dogecoin experienced a major uptrend in the week of January 25, 2021, following a 56% drop from its December high. To provide context, the meme token fell from $0.0143 in December 2021 to a low of $0.0067, before rebounding sharply and closing January with a 700% increase.
As the cryptocurrency market continues its turbulent path, several well-known crypto projects, like Cardano (ADA), are having trouble keeping up. Although ADA’s decentralized capabilities and advanced blockchain technology are admirable, its recent performance has left investors looking for better crypto investment opportunities with strong growth prospects that don’t break the bank. Smart investors searching for the next big breakout are taking notice of the under-$5 cryptocurrencies that are making waves in this market.
LuckHunter (LHUNT) has stood out among these appealing contenders. LuckHunter is a pioneer in the combination of blockchain technology with metaverse gaming, providing a unique experience that combines entertainment and decentralized technology. At its heart is an immersive gaming platform that transforms user interaction with virtual worlds while utilizing blockchain’s advantages for security and transparency.
Both beginners and experienced investors find these sub-$5 cryptocurrencies, like LuckHunter, to be interesting because of their attractive blend of affordability and innovation. Cryptocurrencies like LuckHunter demonstrate that innovation need not be expensive as the market develops. In an ever-growing digital economy, exploring these innovative projects might reveal unrealized prospects, regardless of your experience with cryptocurrencies. So, let us explore the best cryptocurrencies to buy now under $5.
Best Cryptocurrency To Buy Now Under $5
After a steep drop that pushed the price below the $0.9550 support level, Cardano (ADA) is beginning to show signs of recovery. Selling pressure caused the digital asset, which had been trading above $1.00, to drop temporarily to $0.8769.
Similar decreasing tendencies observed in the Bitcoin and Ethereum markets preceded the latest price shift, which started when ADA was unable to sustain stability above the $1.00 level. When the price fell below a number of important support levels, such as $0.9550 and $0.9500, the slide quickened.
In the middle of this, investors are actively looking for the finest cryptocurrencies to purchase for less than $5. With LuckHunter as our top pick, we’ll talk about a few additional cryptocurrency contenders that are worth checking out right now for huge profits!
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LuckHunter (LHUNT)
Rexas Finance (RWA)
Shiba Inu (SHIB)
Dogecoin (DOGE)
Pudgy Penguins (PENGU)
Toshi (TOSHI)
Filecoin (FIL)
Are you ready to know about these seven best cryptocurrency to buy now that may hold a better promise than ADA? Then, explore their potential with us!
LuckHunter (LHUNT)
By fusing casino experiences with a metaverse environment, LuckHunter (LHUNT) seeks to provide blockchain fans with a gaming environment. LHUNT distinguishes itself in a market where cryptocurrency-based games are becoming more popular by providing a setting where users can place bets on virtual experiences. From in-game purchases to staking activities, the network revolves around its cryptocurrency for a variety of transactions.
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Platform and Metaverse Focus
Fundamentally, LuckHunter offers a metaverse setting similar to a casino. Through virtual reality (VR) or conventional online interfaces, users can “enter” a virtual world where they can investigate interactive slot machines, card games, and other betting ideas. LHUNT prioritizes both entertainment and blockchain value in its ecosystem, whereas many other metaverse initiatives find it difficult to integrate the two. LuckHunter seeks to appeal to a wide range of players by combining interactive tables, digital collections, and the opportunity to win prizes.
Benefits for Token Holders
Staking programs, extra multipliers, or early access to new platform features could prove advantageous to LHUNT holders. The ability to interact with a casino setting from anywhere and the newness of the metaverse have drawn an increasing number of users. Investors predict that the token could rise in value if the user base grows and if real-time gaming becomes popular.
Plans for the Future
As a pioneer in the cryptocurrency and gaming industries, LuckHunter is creating waves. Since there aren’t many tokens left, early investors are seizing the opportunity to participate. The initiative has swiftly raised an incredible $1 million thanks to this feeling of exclusivity, demonstrating people’s faith and enthusiasm for its possibilities.
With its innovative and engaging approach to virtual world gambling, LuckHunter is the first metaverse casino gaming project available online. LuckHunter is at the forefront of the rapidly expanding global interest in metaverse gaming. Combining blockchain technology with entertaining, engaging gaming produces an unusual experience that appeals to investors and players alike.
LuckHunter is a noteworthy project to keep an eye on because of its scarce token supply and quick growth. It is an exciting prospect for everyone interested in the future of online entertainment because of its distinct approach to gaming and the growing popularity of metaverse experiences.
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Rexas Finance (RWA)
Rexas Finance transforms real-world asset tokenization (RWA) by streamlining ownership and transactions. Its platform includes user-friendly tools that let businesses and individuals create, manage, and trade asset-backed tokens with ease. This innovative approach democratises asset ownership, making it accessible to everyone, wherever.
Since its founding on September 8, 2024, Rexas Finance has demonstrated remarkable growth. The initial presale stage, which cost $0.03, sold out in less than three days, demonstrating strong investor confidence. The price of the RXS token, which is currently in its eleventh round of presale, is $0.175, representing a 483% growth in just four months. The effort has raised $35,927,359 without venture capital assistance by selling 395,385,647 tokens, demonstrating the enthusiasm of investors in general.
The anticipated early 2025 launch of RXS coins on major exchanges holds the real promise. According to analysts, the listing would raise liquidity and publicity, causing the price to rise to $10 in five months. A $50 investment would become $5,000 for investors who enter at the current price of $0.175, representing an incredible 10,000% gain. Rexas Finance’s commitment to innovation and ability to close significant gaps in the market make it a compelling substitute for exponential earnings.
3. Shiba Inu (SHIB)
Shiba Inu, one of the most recognizable meme currencies, has solidified its place and attracted attention due to its potential for quick gains. With a market capitalization of $14.2 billion and a trading volume of over $550 million, SHIB has grown 6.83% during the last day to trade at $0.000024. The popularity of cryptocurrencies like SHIB usually increases when Bitcoin gets closer to $100,000.
Meme currencies have historically increased in response to hopeful developments in Bitcoin and SHIB’s vibrant community and affordable price appeal to both individual and institutional investors. One of the main factors driving SHIB’s growth has been whale accumulation, in which large investors have increased their holdings. This trend demonstrates confidence in SHIB’s capacity to raise prices.
Shiba Inu is bound for a huge rise when combined with the optimism in the market as a whole brought on by Bitcoin’s rise. SHIB may see a 100x jump in the current market cycle, according to experts, who attribute this to rising retail interest and whale activity. A $50 investment at today’s price might yield a whopping $5,000 if SHIB hits $0.0024 during the next five months, providing speculative investors with a high-reward option.
4. Dogecoin (DOGE)
Dogecoin, which started off as a meme coin, continues to be significant in the cryptocurrency space. DOGE, which has a market valuation of $55.4 billion and a trading volume of $3.9 billion, has increased in value by 11.83% in the past day, trading at $0.3777. In the past, DOGE has prospered amid Bitcoin booms. Both new and seasoned investors are drawn to it because of its strong community support and cultural significance.
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It serves as a gateway asset for those new to the cryptocurrency industry due to its cheap cost and visibility. Elon Musk, a long-time supporter of Dogecoin, continues to have a significant influence on the fluctuations in the cryptocurrency’s value. The DOGE community is now again feeling hopeful as a result of recent developments involving Musk, such as his endorsement of government efficiency concepts. Although not directly related to Dogecoin, Musk’s affinity for the token occasionally encourages speculative buying.
Given DOGE’s historical association with news pertaining to Musk and broader market conditions, analysts predict that the token may rise to $4.00 during the next five months. This offers investors who purchase at $0.3777 the possibility of a tenfold profit. Users might have $5,000 if they invest $50.
5. Pudgy Penguins (PENGU)
Initially, Pudgy Penguins (PENGU) was an NFT collection with adorable figures inspired by penguins. After that, the brand expanded by adding a token for community involvement. The colorful design appeals to dealers and collectors who value cartoon-style projects. Pudgy Penguins’ meme-based content has generated a lot of excitement on Twitter, which has helped PENGU attract a constant flow of attention.
Pudgy Penguins thrives on social media presence, just like a lot of other tokens that are driven by memes. In order to draw in new members, active community members organize events and produce fanart and memes. The initiative has grown from a specialized NFT series to a well-known brand in the cryptocurrency community because of this natural involvement. The PENGU token facilitates a number of activities, including online meetings and goods purchases.
Although PENGU’s primary identity is based on meme culture, certain experts believe it may grow. Adding games, events, or loyalty benefits to its environment might help PENGU maintain and perhaps increase its value. Early adopters are hopeful that a larger market may result from the adorable penguin NFTs’ popular appeal.
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The general state of the community will determine PENGU’s destiny. The price of meme tokens might rise quickly, but it can also fall sharply. Continuous interaction, brand extensions, or outside collaborations are essential to Pudgy Penguins’ success. In a bull market, these tokens can grow swiftly, but traders need to be aware that they can also rapidly retrace.
6. Toshi (TOSHI)
Toshi is another token that seeks to combine useful functions with playful branding. Its name honors Satoshi Nakamoto, the enigmatic creator of Bitcoin. This reference is meant to add some flair to Bitcoin, even if TOSHI is not directly associated with it.
The TOSHI project intends to develop a suite of user-experience-focused apps. Offering a wallet or tool where TOSHI holders receive benefits or lower costs is one concept. Another idea would be to create limited-edition NFTs under the TOSHI brand, which would allow supporters to show off their devotion. The development team of TOSHI must release new applications and maintain community updates in order for the platform to grow.
TOSHI’s branding and the potential for an expanding ecosystem have attracted early traders. According to some, TOSHI has a hybrid identity since it is a combination of a meme and a utility coin. A larger population could be drawn in by this dual feature. That being said, TOSHI must continue to be genuine and provide useful releases rather than simply promotional tricks.
7. Filecoin (FIL)
In the digital era, decentralized storage solutions are essential, and Filecoin fills that demand. The software establishes a market where users can either purchase storage space using FIL tokens or rent out their extra storage capacity. The new approach of cloud storage uses blockchain technology to guarantee data security and availability while challenging conventional centralized systems.
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The FIL token is used as an incentive for storage providers and a way to pay for storage services. By contributing storage space or staking FIL tokens, investors can contribute to the network’s development. Because of the platform’s distinctive business strategy, consumers enjoy low pricing and enhanced data protection, while storage providers are encouraged to continue offering dependable services.
Filecoin’s decentralized storage solution has grown in value due to the exponential expansion of digital data. FIL is a desirable investment for those who believe in the future of decentralized infrastructure because of its integration with Web3 apps and partnerships with significant digital businesses, which position the project for future growth.
Conclusion: Best Cryptocurrency To Buy Now
The inventiveness and promise of under-$5 cryptocurrencies are drawing attention in a sector where well-known brands like ADA are having difficulties. Projects like LuckHunter, which combine blockchain technology and metaverse gaming, are prime examples of the fascinating prospects in this field.
These coins provide an accessible starting point for investors looking for growth since they are both innovative and reasonably priced. Investigating such cutting-edge initiatives might open up incredible opportunities for individuals who are ready to take the risk as the cryptocurrency environment changes.
Memecoins roared back into momentum on Wednesday amid a broader rally supported by encouraging inflation data and Donald Trump’s pro-cryptocurrency moves.
What happened: The unconventional Fartcoin surged over 27% in the last 24 hours to emerge as the biggest meme coin gainer.
The Solana SOL/USD-based token amassed a market capitalization of $1.24 billion at the time of writing, with trading volumes jumping 26% in the last 24 hours.
Fartcoin was followed by dogwifhat, another popular community-driven Solana meme coin, based on a meme featuring a dog wearing a hat.
The billion-dollar-valued cryptocurrency pumped 11%, while its trading volume jumped 75%.
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PENGU, the official coin of the popular non-fungible token collection Pudgy Penguins, gained 9.76% to a market capitalization of $2.16 billion.
Cryptocurrency
Gains +/-
Price (Recorded at 10:45 p.m. ET)
Fartcoin (FARTCOIN)
+27.22%
$1.25
dogwifhat WIF/USD
+11.55%
$1.71
Pudgy Penguins (PENGU)
+9.76%
$0.03448
See Also: Italy’s Largest Bank Leaps Into Bitcoin Trading With $1 Million ‘Test’ Investment But CEO Says He Doesn’t Invest In BTC Personally
Meme coin heavyweights like Dogecoin DOGE/USD and Shiba Inu SHIB/USD also gained momentum, rising 3.63% and 2.58%, respectively.
Ethereum ETH/USD-based frog-themed coin Pepe PEPE/USD jumped 6%, while cat-themed Popcat, one of 2024’s biggest gainers, rallied 7.88% in the last 24 hours.
The total meme coin market capitalization rose 4.83% to $106.94 billion, while the overall volume surged 27.81% to $10.74 billion.
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The upsurge followed slower-than-expected growth in core inflation, seen as a net positive for risk-on assets. Additionally, a report raised hopes for clear cryptocurrency regulations under new SEC leadership in the Trump administration.
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