Intel Markets soars with $1m Quantum AI research grant as XRP, LINK sinks

Ripple’s never-ending drama takes a new turn, Chainlink sparks outflows after token unlock, Intel Markets gains attention.

The cryptocurrency market is a high-stakes game, and the stakes have never been higher. With Ripple (XRP) facing a legal battle with the U.S. Securities and Exchange Commission and the launch of Chainlink (LINK) token starting a wave of volatility, investors are scrambling to find a winning strategy.

Intel Markets, a leading trading platform, is offering a lifeline with its AI-powered approach and ambitious quantum research. But can it navigate the turbulent waters of the cryptocurrency market and emerge as a dominant force?

Ripple’s Victory Faces SEC Challenge: What’s Next?

A dispute has erupted in the cryptocurrency industry as the U.S. Securities and Exchange Commission (SEC) considers whether to appeal its case against Ripple over XRP. With two weeks to go, the SEC has the option to appeal Judge Torres’ rulings; a former SEC legal counsel has indicated that this is likely to happen.

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Aldroti have announced that they do not plan to appeal, and the company has also obtained a court order to postpone a $125 million fine until the case is settled.

The SEC has suggested it may not appeal its decision on XRP token sales in a similar case to Binance. Meanwhile, some have suggested that Elon Musk may enable XRP payments on X (formerly Twitter) in order to argue against the SEC’s ruling. In a separate investigation, the SEC is seeking fines against Musk.

As things developed, Ripple’s price dropped by 1% to $0.58, and trading volume also declined. The ruling in the case could have a major impact on cryptocurrency legislation in the United States.

LINK Tokens Hit the Market: Price Implications

Chainlink has made major developments, including major token transfers and alliances. A large portion — around 18.125 million LINK, worth roughly $207 million — went to Binance when the blockchain oracle network unlocked and transferred a staggering 18.75 million LINK tokens from five non-circulating supply accounts.

This transfer illustrates Chainlink’s ongoing plan to release tokens, which has been implemented quarterly since August 2022. Chainlink still has 372.75 million LINK tokens — worth about $4.27 billion — spread across 24 non-circulating contracts even after these significant transfers.

This unlocking event has triggered a sell-off in LINK tokens, which could put selling pressure on them as evidenced by their high trading volume of around $230,058,721. Since these developments could impact the token’s supply and demand dynamics and its overall price movement, investors are often keeping a close eye on them.

Intel’s Buzzing Marketplace Ecosystem: $1M Grant Supports Intel

While these significant developments are taking place in the XRP and LINK ecosystems, Intel Markets has an advantage over traditional trading platforms and provides traders with capabilities even when the market is down.

IntelMarkets is not based on a single blockchain. Users can switch between Ethereum and Solana using the platform’s built-in DEX, which is very useful when markets in the two ecosystems are not the same.

Traders can leverage real data sources and automated trading robots with Intel Market to capitalize on any potential market movements. Intel Markets’ AI algorithms constantly look for opportunities amidst market volatility, providing traders with the opportunity to make money even in the face of deteriorating market conditions.

The leverage of up to 1000x in Intel Market is one of its key features; it allows users to take full advantage of market volatility while improving their trading skills.

Recently, Intel Markets has seen two major developments. First, the first development of the Route X21 protocol was recently unveiled by AI trading platform Intel Markets. The quantum-resistant protocol is expected to introduce new security measures for DeFi assets on the blockchain layer.

Additionally, investors from the UAE have provided a $1 million research grant in quantum AI to Intel Markets to support the development of the protocol. Technological advancements are expected to push the boundaries of blockchains, which are decentralized and future-proof.

INTL Opportunity

The current presale for the viral AI platform has seen unprecedented levels of success. Over 5,000 investors have registered with Intel Markets, raising over $455,000.

Cryptocurrency experts believe that Intel Markets, with its core team of former executives from Open AI, Renaissance Technologies, and Goldman Sachs, will revolutionize the use of artificial intelligence.

Experts also expect a price surge of over 1,100% when it is listed on the leading CEX exchange in Q4 2024 or most likely Q1 2025.

To learn more about Intel Markets, visit the presale site, and cable and twitter.