Coinbase CLO Advocates for Ethereum ETF Approval, Monero and AI Altcoin Set for Major

Ethereum (ETH) has been soaring after the support that has poured in from all quarters of the crypto community for its exchange-traded funds.

The latest voice to back the launch of Ethereum ETFs is Coinbase’s top executive Paul Grewal. The leading Exchange’s chief law officer has urged regulatory bodies to look into Ethereum ETF applications and approve them.

The other altcoins that have been rallying in the past few weeks are Monero (XMR) and InQubeta ( QUBE). With a bunch of privacy-centric features, Monero is a crypto-based payments solution, while InQubeta is a crowdfunding platform for AI projects.

Rated as one of the best new ICOs, InQubeta is being praised for a transparent investment model that can drive financial inclusion. So far, its ICO has raised over $12.5 million.

InQubeta: A top altcoin for AI enthusiasts

InQubeta serves as a user-friendly cryptocurrency that’s promoting rapid innovation in the AI sector. The platform’s native cryptocurrency, the QUBE token, is the only mode of payment within the InQubeta ecosystem.

The token has garnered popularity due to its potential to increase generational wealth through opportunities like staking. Token holders stake their assets as these coins can then be used for platform stability and earning crypto rewards. The staked assets help with the blockchain growth and its security.

For helping startups with crowdfunding, the platform has an NFT marketplace. The investment proposals furnished by startups are turned into NFTs and then sold at the portal. The crypto users buying these NFTs will be eligible for a share in the equity of the startups. InQubeta’s unique fundraising model has attracted many buyers, and analysts have praised its revenue sharing model.

After securing funds, startups can focus on the next step of their growth journey with InQubeta’s business development services. The platform puts startups in touch with a network of professionals from diverse fields, and who have years of experience.

Many of these professionals could be onboarded for mentorship and guidance for startup AI entrepreneurs. The AI sector can be a tricky place to maneuver and the right guidance can help startups speed up their growth

Using the network,  startups can also find marketing support to bolster their branding strategies. InQubeta’s social media channels are also a great option for expanding a startup’s online presence.

London Stock Exchange sets the ball rolling for the marketplace to trade Ethereum ETNs

Ethereum is a multi-sided technology that can support a host of decentralized infrastructures including dApps and NFTs.

Its native token ETH is used for various payments on the platform. These payments are confirmed with the proof-of-stake consensus algorithm.

The cryptocurrency’s potential has made it a top pick when it comes to choosing tokens that will usher in the next wave of spot ETFs.

Crypto ETFs hit the US markets in January and have received a phenomenal response. Recently, Coinbase chief legal officer Paul Grewal became the latest proponent of Ethereum ETF and said US regulators should get started on approving pending applications for Ethereum ETFs.

The top altcoin hit the headlines after the London Stock Exchange applied with the UK’s Financial Conduct Authority to create a separate market for crypto exchange-traded notes (ETNs). Only registered exchanges would be able to list their ETNs for trading in the marketplace, which goes live in April.

Monero upgrades the Web 3.0 wallet

Monero is a privacy-focused cryptocurrency that’s used worldwide for fast and secure digital transactions. Its native cryptocurrency, XMR, has been stealing a march over new altcoins with technologies like stealth addresses and multi-signature authentication.

In a recent development, Monero upgraded its Web 3.0 wallet on March 13, 2024. The upgrade aimed at ramping up the wallet’s efficiency and security.

Conclusion

InQubeta, Ethereum, and Monero are the best cryptos that you will find in the market. These tokens have kept up their market presence. While posting steady growth, these tokens show how powerful ideas can drive global impact.

Analysts also attribute the success of these tokens to their recent achievements. In Ethereum’s case, the London Stock Exchange’s decision to open a separate platform for Ethereum ETN has given its prospects a big boost.

For Monero, its regular upgrades help its users stay abreast with the latest DeFi advancements.

In case of InQubeta, the novelty of its AI-centric model along with its presale gains has been a winning combination that’s attracting users globally.

Visit InQubeta Presale

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.