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BlackRock Explores XRP ETF, CEO Hints at Feasibility; Potential 110% Upswing for Polkadot Challenger

February 24, 2024
in Business
BlackRock Explores XRP ETF, CEO Hints at Feasibility; Potential 110% Upswing for Polkadot Challenger
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While rumours of the possibility of a spot Ethereum (ETH) exchange-traded funds being approved are currently dominating cryptocurrency discussions, asset management firm BlackRock is hinting at a Ripple (XRP) ETF being launched. 

While the company hasn’t officially confirmed its plans to launch an XRP ETF, its CEO Larry Fink’s refusal to confirm what the firm plans to do has only heightened speculation about the new asset class being introduced. 

InQubeta (QUBE) is another top altcoin that’s generating lots of discussion in the cryptocurrency space right now. It’s an emerging crowdfunding crypto that focuses on making artificial intelligence (AI) investments more accessible for most people. It looks to serve as an alternative to traditional investment firms that often come with net worth and income requirements most investors can’t meet. 

Polkadot (DOT) prices are expected to grow substantially in 2024 thanks to its ecosystem making blockchains more interoperable with each other. 

InQubeta tops ICO list as presale soars past $10 million

InQubeta plays a unique role in the cryptocurrency space as the first platform to focus on making AI investments more reachable. Being developed on the Ethereum blockchain gives its ecosystem the same functionality and security.

InQubeta uses non-fungible tokens (NFTs) to replace stocks in its investment space, allowing users to invest in emerging AI startups by buying NFTs created and listed by these firms. Smart contracts automatically deploy all rewards promised on these tokens and they appreciate as their makers grow, just like stocks. 

Artificial intelligence is expected to be the most impactful tech revolution in human history and it will change how many industries operate. It’s already having a considerable impact on industries like transportation as products like self-driving taxis appear in cities like San Francisco. 

Technological revolutions always lead to investment opportunities that can create generational wealth and it will not be any different with artificial intelligence. Now’s the time to invest in some of the AI startups appearing today to position yourself to earn considerable returns in the coming years.

Investors on the InQubeta network can earn exponential returns by investing in AI startups, or they can choose to invest in the project’s long-term growth. QUBE now sells for $0.0224 in the presale’s seventh stage, but it could be worth as much as a few dollars in the coming years thanks to the 1.5 billion token cap. 

buy-qube-now

How close is BlackRock to launching an XRP ETF?

Ripple’s ongoing battle with the US Securities and Exchange Commission (SEC) is one of the main obstacles in the way of an exchange-traded fund being presented. Ripple’s next court date is set for April and it could clear up some concerns about how XRP will be classified in the future.

BlackRock’s CEO Larry Fink was careful not to reveal too much when prodded about the possibility of the company launching an ETF, but some XRP investors interpreted his reluctance to reveal much as a sign the company is currently working on something behind the scenes. 

XRP is one of the few top altcoins that hasn’t enjoyed substantial growth in the past few years, and tokens are currently traded at $0.52. 

Polkadot (DOT) investors enjoy 6% growth in the last month

Polkadot runs a multichain protocol that connects networks that consist of specialized blockchains, allowing them to transfer different asset types and data. It serves as a foundation for Web3, the decentralized internet of blockchains. 

Some analysts are now pointing at DOT’s recent price surge as a sign prices are about to shoot up. 

Summary

QUBE and DOT are two of the best altcoins you can buy right now. While DOT could end up enjoying exponential growth this year, it’s unlikely to keep up with InQubeta’s 10,000% growth predictions. 

Visit InQubeta Presale 

Join The InQubeta Communities

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/press-release/blackrock-explores-xrp-etf-ceo-hints-at-upswing-for-polkadot-challenger/

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