January 10, 2024, marked a significant milestone in the world of cryptocurrency. The SEC officially gave its green light for the approval of Spot Bitcoin ETFs, although reluctantly and with huge reservations. Taking to social media, US Senator Elizabeth Warren openly criticized the SEC’s approval of this investment product. She expressed concerns about integrating crypto deeply into everyday finance and the need for strict enforcement measures and proper regulatory frameworks.
In summary, despite the approval of spot Bitcoin ETFs, which ought to legitimize the digital currency, scrutiny doesn’t appear to have declined. Amidst this, the top crypto coins sharing the spotlight are Celestia (TIA) and InQubeta (QUBE). Their staggering growth potential has caught the attention of investors, positioning them as altcoins to watch.
InQubeta (QUBE): A Potential 6,500% Rally After Launch
As one of the new ICOs with staggering potential, InQubeta (QUBE) is fast becoming an investor favorite. This top ICO further stands out thanks to its unique concept, which is a fascinating blend of AI and crypto—a bullish narrative.
In the seventh stage of the ICO, a token costs only $0.0224. According to analysts, there will be a 6,500% rally after its launch, which makes it the best new crypto to invest in. We suggest grabbing a bag and HODL to ride this strong bullish wave.
Besides its astounding upside potential, it aims to solve critical issues within the AI sector. Its novel Web3 crowdfunding platform will be the first to enable AI startups to raise capital through cryptocurrency. Further, its NFT marketplace aims to become the go-to destination for emerging AI ventures, with democratized access promised.
SEC Wrong on Spot Bitcoin ETF Decision – Elizabeth Warren
January 10, 2024, will be remembered in crypto’s history as a significant milestone. A decade-long journey will finally come to an end, as the SEC gave its official approval—although grudgingly—for spot Bitcoin ETFs. Nevertheless, this development has been the talk of the financial world, as it amplifies Bitcoin’s accessibility and opens it to trillions of dollars in liquidity.
However, not everyone is enthused about this development. US Senator Elizabeth Warren has shown her disapproval of the decision, taking to social media to criticize the SEC for approving spot Bitcoin ETFs. Her concern hinged on the absence of strict anti-money laundering rules and proper regulatory frameworks before integrating crypto deeper into everyday finance.
She expressed the need for strict enforcement measures. In a nutshell, her stance is that regulatory frameworks should have first been improved before spot Bitcoin ETFs were approved.
Celestia (TIA): Positioned for Significant Growth
Celestia (TIA) has been able to maintain market hype since bursting into the crypto scene in the final quarter of 2023. Despite being a new entrant, it has become one of the top altcoins, and for good reasons. For starters, it plays a critical role as the first modular blockchain that allows the deployment of blockchains with minimal overhead.
Further, as a new crypto, it has massive upside potential. Hence, the surge in holders comes as no surprise, as investors hope to properly position themselves to ride its strong bullish wave. As one of the best coins to invest in, we suggest HODL to avoid the fear of missing out (FOMO) later on.
Conclusion
Elizabeth Warren is a popular figure who has criticized the SEC’s approval of the spot Bitcoin ETF, stressing the need for stringent crypto regulatory frameworks. Meanwhile, Celestia and InQubeta have emerged as investor favorites thanks to their staggering growth potential. If you wish to participate in the InQubeta presale, click the link below.
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