Industry experts believe that the reported investigation into the Ethereum (ETH) Foundation may be part of a larger conspiracy to debase Ether. This could influence the U.S. Securities and Exchange Commission's (SEC) decision to approve or postpone a spot Ether exchange-traded fund (ETF). While most industry experts agree that regulatory considerations will likely delay approval in the short term, there is general agreement that a U.S. spot Ether ETF is on the way.
On the other hand, elite investors Ink solid (QUBE)is a rival to Monero (XMR) and Celestia (TIA) due to its unique features. This emerging cryptocurrency aims to bridge the gap between investors and AI (Artificial Intelligence) startups. Using the Ethereum blockchain, InQubeta has established a frictionless and secure investment environment designed for AI startups and their investors, Top DeFi projects Worth adding to your portfolio.
We explore the ramifications of the SEC's investigation into Ethereum and examine Celestia and Monero challenger InQubeta, which have attracted the attention of prominent investors.
InQubeta (QUBE) Transforms AI Startup Funding with NFT Marketplace and Crypto Crowdfunding
Ink solid Emerging as a potential contender to Celestia and Monero, its creative approach to fundraising for AI startups is attracting top investors. Hailed as the best crypto investment, its expected upside potential makes InQubeta a must-buy investment. Emerging Cryptocurrencies We aim to create an open and democratic investment environment and support the growth of AI technology start-ups.
Cryptocurrency ICOs NFTThese function similarly to shares and represent ownership in a project. Blockchain technology allows small businesses to get capital directly from investors, without an intermediary. Anyone with a cryptocurrency wallet can buy a piece of these. NFTthe value of which may increase depending on market conditions and the performance of the underlying startup.
To date, over $12.4 million has been raised for this project through various stages, with investors being able to purchase QUBE tokens at different prices throughout each stage, with a lower price in the early stages. Emerging Cryptocurrencies Currently, QUBE tokens are in their ninth presale stage and cost $0.028 per token, but once the presale reaches the next stage, the price will increase to $0.0308 per token. Cube.
Ethereum (ETH) Foundation Investigation May Delay Spot Ether ETF Approval
Industry analysts are Ethereum The Foundation may be part of a “coordinated attack” against Ethereum and may be used as justification for rejecting or postponing the Spot ETF. On March 20, Fortune revealed that the SEC had sent subpoenas to companies with ties to the Foundation. Ethereum The foundation sparked speculation about efforts to designate ETH as a security.
Coinbase's Chief Legal Officer, Paul Grewal, responded to the announcement: Ethereum They claim that it is not a security and cite previous testimony from SEC Chairman Gary Gensler to back up their position. Fox Business reporter Eleanor Terrett even suggested that subpoenas may be the reason securities regulators are unwilling to negotiate with issuers of a spot Ethereum ETF. Bloomberg ETF analysts Eric Balchunas and James Seifert report that the chances of approval of a spot Ethereum ETF have recently decreased. Ethereum By May, it had fallen from 70% to 25% due to insufficient regulatory involvement.
Monero (XMR) Shows Strong Market Performance
Monero is a digital currency that allows private sending and receiving of payments. It uses proprietary technology to hide the details of transactions, making it difficult to link payments to specific users. It is based on the principle of equal opportunity. XMR The mining process promotes justice and fairness for all parties involved.
Monero Despite being delisted from Binance and experiencing a significant price drop, XMR has made a remarkable recovery. At around $140, XMR is up 13.29% month-on-month. Positive technical indicators and a high Fear and Greed Index score are fueling this recovery, indicating that the future of XMR is promising. Extreme Investor.
Celestia (TIA) Redefines Blockchain for Security and Scalability
As a Layer 1 blockchain, Celestia Building a strong foundation for cutting-edge modular roll-ups. TIA aims to address scalability issues by separating data and execution layers and providing a seamless solution. Tia The token has recently risen to an all-time high of over $12. This partnership highlights Celestia's innovative approach to data availability while supporting the scalability and operational efficiency of blockchain technology. TIA The advancement of modular technology aimed at addressing scalability challenges is reflected in the token’s 22% price increase, as the market Top DeFi projects Long-term outlook.
Conclusion
The regulator's reluctance to work with the issuer of a spot Ethereum ETF may be due to the SEC reportedly asking the Ethereum Foundation to investigate. Its cutting-edge potential has elite investors turning to Monero competitor InQubeta, CelestiaIts innovative funding approach and open ecosystem have made InQubeta a well-known presence in the market. With strong community support and dedication to innovation, InQubeta is well positioned to lead the next wave of AI development, opening the door to faster growth and development.
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