How to Buy Bitcoin and Crypto with UPI Transfer (2023) - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
Image: cyptoranking.com

Dogecoin’s original intention was nothing too serious; Billy Markus has been quoted saying that Dogecoin was made “without much real thought.” Jackson Palmer, on the other hand, had been following cryptocurrency closely and wanted to disassociate cryptocurrency from the dark web. Markus and Palmer also intended to make fun of all the hype surrounding cryptocurrency at the time. The world of cryptocurrency is again in the spotlight as the U.S. Securities and Exchange Commission (SEC) recently postponed its decision to approve a spot Bitcoin exchange-traded fund (ETF). This delay marks the third such postponement and raises questions about the regulatory future of digital assets. As the community awaits the SEC's final verdict, other developments are unfolding. First, Ripple ($XRP) has experienced a period of stagnation, but this may soon come to an end. And second, one of the new DeFi projects, InQubeta ($QUBE), has managed to attract substantial funding during its presale phase, showing the continued enthusiasm for blockchain-based investments.SEC Defers Bitcoin ETF Verdict Once MoreOn September 26th, the SEC again deferred its verdict on a Bitcoin ETF, marking the third delay for a proposal submitted by ARK Invest and 21 Shares.Initially filed in April, the ETF proposal had investors and beginner cryptocurrency enthusiasts on the edge, expecting a verdict by November 11th. However, the SEC has extended the timeline until January 10th to reach a decision. This postponement has left the crypto community in suspense and raised the stakes for other companies eagerly awaiting approval for similar financial instruments.Among these hopefuls are industry giants BlackRock and Fidelity, both seeking the green light from the SEC. Additionally, GlobalX, a prominent exchange-traded fund provider, had its bitcoin ETF application delayed on the same day as the ARK Invest and 21 Shares proposal.The delay has sparked concern among lawmakers urging the SEC to expedite the approval of a spot bitcoin ETF. In a letter addressed to SEC chief Gary Gensler, four House Financial Services Committee members argued that such an investment vehicle is no different from other crypto futures ETFs that have already received regulatory approval.However, Gensler's stance on the crypto industry has been clear over the past year. He has actively sought to tighten regulations, particularly in the aftermath of the collapse of FTX in late 2022. Legal battles with top ICO platforms like Binance and Coinbase have further underscored his commitment to a more tightly regulated crypto landscape. Gensler's warnings about the prevalence of fraud in the crypto sector earlier this year have also impacted the industry.Ripple ($XRP) Experiences StagnationRipple’s $XRP token performed reasonably well on September 29 - charting mild gains of 2.5% and overcoming the critical $0.50 resistance level. This may indicate that the token is on the road to recovery after a period of stagnation that saw its altcoin price hovering between $0.47 and $0.49 for several weeks in June and July. The uptick in $XRP price is being driven by several positive developments. These include Ripple rescinding on a deal to acquire Fortress Trust this month, as well as the very recent improvement in market sentiment that also saw other top crypto coins recovering from their lows. This journey for $XRP highlights the volatility of the altcoin market and the importance of diversification in crypto investing.InQubeta ($QUBE) Presale Pulls Significant FundsAmidst the uncertainties surrounding the SEC's decision on the spot bitcoin ETF, InQubeta ($QUBE) has emerged as one of the best altcoins to invest in. Despite the overall bearish market conditions, the InQubeta presale has continued to gain momentum, positioning itself as one of the more attractive altcoins to watch for those seeking to capitalize on the crypto market's potential.One of the key factors driving the success of InQubeta's presale is its unique approach to democratizing AI investment. Traditional investment avenues often impose stringent requirements that exclude a significant portion of the global population from participating. InQubeta's ($QUBE) innovative solution - a fractional investment system where AI startups can divide their investment opportunities into smaller, more accessible portions - levels the playing field, allowing anyone with a cryptocurrency wallet to own a stake in AI firms poised to disrupt various industries.Companies seeking access to InQubeta's non-fungible token (NFT) creation area and marketplace undergo an initial evaluation. They raise funds by minting and selling equity-based NFTs representing their operations' equity and which can be considered the blockchain equivalent of stocks. The value of these trending NFTs is linked to the sum of each startup's intangible and tangible assets, with some tokens offering bonus rewards such as discounts or a share of future profits. Investors can purchase NFTs using $QUBE ERC20 coins. Investors also have the option to directly invest in the InQubeta ($QUBE) network by holding the $QUBE tokens they acquired. With a token supply limit of 1.5 billion and burn taxes in place, $QUBE encourages long-term price growth. This makes it an attractive proposition for investors, especially given its current undervaluation.One notable feature of InQubeta's presale is its structured approach, comprising ten stages, each associated with a specific price point. As the project progresses through these stages, the token's price gradually increases, allowing early participants to witness firsthand the growth of their investments. InQubeta's presale is currently at stage 4, with a token price of $0.0133 per token, poised for a slight increase to $0.0161 in the upcoming phase.With a growing Twitter following and a vibrant online community, InQubeta ($QUBE) has gained traction as investors and enthusiasts share their excitement and insights about this innovative project.ConclusionWhile the SEC's continued deferral of the spot bitcoin ETF decision has left the crypto community in suspense, $XRP’s recovery from stagnation and the initial success of InQubeta's presale have brought some much-needed cheer to the market. InQubeta ($QUBE), in particular, has emerged as one of the best cryptocurrency to invest in 2023. Its unique fusion of AI and blockchain technology and its commitment to democratizing AI investment have garnered significant interest and support from the investor community.Investors can capitalize on its structured approach and potential for substantial returns as the presale progresses, making InQubeta ($QUBE) a top cryptocurrency in today's dynamic crypto landscape.Visit InQubeta Presale Join The InQubeta CommunitiesChimpzee Burns 80% of its Original Supply to Fuel Price Action How to Buy Bitcoin and Crypto with UPI Transfer (2023)The blockchain innovation came with a self-executing contract known as “smart contracts.” These digital contracts automatically carry out all parts of the agreement once the specific conditions are met. A payment, for instance, for a service might be released in an instant once the buyer and seller have met all specified requirements for a deal. Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021

Exchange Rankings Crypto
Image: cyptoranking.com

General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.What Is Bitcoin? Everything You Need To Know Gemini Presses on in India Despite Rocky Regulations Is it legal to buy cryptocurrency in us?Source: Sam Cooling x XreschA vulnerability in the popular decentralized finance (DeFi) protocol Curve Finance has caused funds to be drained from a number of the protocol’s liquidity pools, while roughly $100 million remains at risk.In a tweet from Sunday, the Curve team said that “a number” of its pools that uses version 0.2.15 of the Vyper programming language have been exploited due to “a malfunctioning reentrancy lock.”“We are assessing the situation and will update the community as things develop,” the team added.In a follow-up tweet on Monday, the Curve team listed all pools that have been hacked so far as result of the vulnerability.It also warned users to withdraw all funds held in the Arbitrum Tricrypto pool, which holds USDT, WBTC and ETH tokens.As of now, as much as $100 million worth of crypto remains at risk in the mentioned Curve pools, representing a significant risk for the entire protocol’s reputation.Curve Finance, which is a decentralized exchange (DEX) for stablecoins that uses the automated market maker (AMM) model to manage liquidity, has traditionally been seen as one of the most solid projects in crypto.CRV token plummetsFollowing the recent events, however, the price of Curve Finance’s native CRV token has plummeted in the market.As of press time on Monday, the token was down 12% for the past 24 hours alone, and down more than 15% for the past 7 days.Over the past 12 months, the CRV token has lost more than half of its value, while other major cryptoassts like Bitcoin (BTC) and Ether (ETH) have risen in price.CRV token price past 30 days. Source: CoinGeckoThe vulnerability pointed to by Curve is the same type of vulnerability as DeFi protocols Era Lend and Conic Finance said was responsible for draining funds from them last week.Already, a white hat hacker has recovered 2,870 ETH, worth around $5.4 million, to Curve Finance following the recent hacking incidents.More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances? Now available on the OP Goerli testnet, the system has three components: a fault-proof program (FFP), the code that executes the EVM; a fault-proof virtual machine (FPVM); and a dispute game protocol.

Following that day, inscriptions skyrocketed at a significant pace. In a mere span from April 21, the tally rose from 1.24 million to a staggering 4.5 million inscriptions by May 7, 2023. On that particular day in May, an impressive 400,091 inscriptions were logged within a 24-hour window. This fervor persisted throughout the summer months, with the daily rate peaking at 440,760 inscriptions on September 15. Now, the DeFi sector is facing increased regulatory pressure to de-anonymize certain transactions and user profiles, while simultaneously dealing with flagging user confidence in terms of their individual rights to data privacy. JC Flowers acquires 30% stake in FX and crypto exchange LMAX-The TRADERelated: Play-to-earn games are the reason ‘real’ gamers hate crypto: Atari founder This sideways consolidation is confined between the $1.5K support and the notable $1.7K resistance. Therefore, the most likely scenario for Ethereum in the mid-term is a sideways consolidation until the price breaks out of this static range. The direction of Ethereum’s upcoming trend heavily depends on the direction of the breakout.

Kristina Campbell, the Chief Financial Officer (CFO) of Ripple Labs, has announced her departure from the company. She is now joining a healthcare company after overseeing finances during the SEC battles. Wallet Identifiers the best cryptocurrency to invest inThe digital payment dilemma in Palestine mirrors a global trend where cryptocurrencies are carving a niche, particularly in conflict zones. According to Chainalysis, a blockchain analytics firm, the Russia-Ukraine war exemplifies this trend, where crypto facilitated funding to various factions. Metaverse trademarks and interest in a downtrend

Have an opinion on this story? Share it!