Binance Launches Custody Solution for Institutional Traders, BNB Gears Up for Another Bull Run, and InQubeta Raises $6.3 Million in Presale Funds

In an exciting development, Binance launched a pilot program that enhances the safety and efficiency of institutional trading. This move was announced on November 30 and was met with enthusiasm. The native utility of the Binance exchange, Binance Coin (BNB), is expected to ride this wave of excitement and rally. Meanwhile, InQubeta (QUBE), a new AI crypto, raised a whopping $6.3 million in presale.

This post will cover Binance’s new initiative and how BNB is gearing up for an upswing. Additionally, it will discuss the growing interest in InQubeta, including why it is one of the altcoins to watch out for.

InQubeta (QUBE): Rising Fast

InQubeta (QUBE) has caught the attention of both investors and analysts. Just last week, the presale fund were below $5.8 million. Days later, more than $6.3 million had been raised. Based on its current momentum, it is safe to call it 2023’s best ICO. 

The frenzy around the presale is due to the project’s innovative concept and growth potential. It will become the first crowdfunding platform for AI startups through cryptocurrency. This puts it at the intersection of AI and crypto, positioning it as one of the best cryptos to invest in.

Its fascinating approach will allow AI tech startups to raise funds by creating investment opportunities. These will be represented as equity-based NFTs and offered to investors. In exchange for receiving capital, AI developers will give up stakes in their projects to investors.

In addition, to make the AI market accessible to all investors, it will introduce a fractional investment model. So, regardless of income level, users can partially become early backers of promising AI ventures.

The presale is currently in stage 6, and a token costs just $0.01925. According to experts, it has a 50x upside potential, which makes it the best new crypto to invest in.

Binance (BNB): Launch of Custody Solution for Institutional Traders and BNB’s Anticipated Surge 

On November 30, Binance announced the launch of a pilot program that improves the overall experience of institutional trading. This new move will allow institutions to trade cryptocurrencies without necessarily depositing collateral directly on the exchange. Instead, institutions can store trading collateral with a third-party bank.

The move has been met with excitement, marking a notable shift towards a more secure and efficient trading environment. By providing a custody solution for institutional traders, they have the option to keep collateral in cash or Treasury bonds. With this, they can earn yields while trading in the crypto market.

With confidence being restored in Binance, the native utility token, BNB is expected to rally. It is currently trading around $230 but has been gaining momentum. According to experts, BNB is gearing up for a significant rally.

Its price outlook for December is $250, making it a good crypto to buy ahead of its rally. Meanwhile, it is set to soar alongside the overall crypto market during the anticipated bull run next year. BNB will likely break the $300 resistance in 2024, positioning it as one of the best coins to invest in. 

Conclusion

Binance’s custody solution for institutional traders will greatly improve the trading experience—a much-needed development. BNB, the utility token, is expected to rally as investor confidence appears to have been restored. The InQubeta presale is another development stirring up excitement, raising a whopping $6.2 million.

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