While the InQubeta (QUBE) presale continues to generate momentum, major exchanges like Bittrex are sending a clear message to the US Securities and Exchange Commission (SEC) that they will not leave the crypto space without a fight.
Bittrex filed bankruptcy earlier in the year, but that didn't stop the exchange from going after the SEC in court, challenging its authority over cryptocurrency exchanges and other digital businesses. The SEC accused Bittrex of failing to register as a national securities exchange, clearing agency, and broker-dealer, while Bittrex challenges that SEC lacks the authority to regulate cryptocurrencies since Congress hasn't authorized the agency to do so. The exchange cites the "major questions doctrine" in its filing against the SEC, which requires congressional authorization of agencies to claim higher authority beyond what has been conferred by Congress.
Bittrex challenging the SEC has been a net positive for cryptocurrencies as major players in the space show their willingness to take on major agencies in their quest to legitimize cryptocurrencies.
The InQubeta presale keeps bringing in investors as the progressive price changes at each of its presale's ten stages put investors in position to 4x their capital by the end of the event. InQubeta prices are expected to skyrocket once the presale is concluded and the tokens are launched on exchanges. Some projections already have InQubeta seeing more growth in 2023 than any other cryptocurrency.
InQubeta makes investing in artificial intelligence (AI) startups more accessible than it has ever been by providing a secure, transparent, and efficient network for companies that need funding and potential investors to connect.
The InQubeta network harnesses the power of blockchains and non-fungible tokens (NFTs) to make this all possible. Companies raise funds by making fractionalized NFTs on the InQubeta ecosystem that are posted on the marketplace where investors can learn more about the firms behind them and buy tokens of companies they think have the potential to innovate in the future.
Investors can hold on to these NFTs long-term, or sell them whenever they wish for profits. Holding on to $QUBE tokens and staking them is another profitable strategy for investors. $QUBE tokens are currently undervalued thanks to their limited 1.5 billion token supply, and deflationary procedures will reduce the supply of tokens further when the project is launched. Those who stake their $QUBE earn additional tokens sent out from a dedicated pool periodically.
Artificial intelligence has the potential to be the biggest tech breakthrough and it's poised to create unprecedented disruption. New opportunities will undoubtedly be created by the transformation caused by artificial intelligence and those who invest in AI startups emerging today can expect to earn substantial profits in the near future. Thanks to InQubeta, investors will no longer be denied the ability to take advantage of such opportunities due to the elitist barriers put in place by many traditional investment avenues.
The U.S. government has gotten increasingly hostile toward cryptocurrency platforms, filing charges against major players in the space like Binance and Coinbase. Bittrex was one of the SEC's smaller targets so the firm going after the SEC is hopefully the start of a new trend as crypto projects go on the offensive against the SEC.
News of Bittrex's filings has given a boost to several cryptocurrencies, including Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE). News of the U.K. passing a new law that recognizes cryptocurrencies as a regulated financial activity has also helped to increase investor confidence in the cryptocurrency world.
Cryptocurrency markets have had a decent bull run in the past week as positive news like Bittrex challenging the SEC's authority reassures investors that cryptocurrency exchanges intend to continue fighting against what many see as illegitimate charges.
InQubeta continues to see more growth than most altcoins as its innovative ecosystem helps to push advancements in the AI field while making investment opportunities accessible to all.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.