One summer morning nearly two years ago, 127,000 Indian teenagers thronged the internet not for an online rock concert, but a test-prep session.

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PW, as its commonly known, was a two-year-old platform when its first institutional fundraise $100 million from WestBridge Capital and GSV Ventures turned it into a unicorn with a $1.1 billion valuation. That was in 2022, when Byjus, another Indian startup, was the worlds most valuable educational technology business.

With creditors of an unpaid $1.2 billion loan trying to drag it it into bankruptcy, Raveendran has lined up a rights issue at a pre-money valuation of $25 million. Investors like Prosus NV and Peak XV are livid. Two years ago, Byjus was worth $22 billion. They and other backers, owning 30%, reckon that the startups only chance of survival lies in ejecting its eponymous founder. They want to put up the proposal to a shareholder vote.

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Yet, online education is still a viable proposition in the worlds most-populous nation, though its the test-prep market that has real demand, not K-12 or coding. India has a little over 100,000 medical and dentistry placements, with more than 1.5 million jostling to get in. The 23 Indian Institutes of Technology accept only 17,000, after a main test followed by an advanced exam.

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Byjus Raveendran had taken a similar bet on offline tutoring when he bought Aakash for about $1 billion in 2021. Before PWs entry, Unacademy, backed by Singapores state investor Temasek Holdings Pte among others, had also stormed Kota, poaching tutors from Allen Career Institute, the leader. The family-run Allen responded to the online threat by taking $600 million from an investment platform of media mogul James Murdoch and Uday Shankar, a former Asia-Pacific president of Walt Disney Co.

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Both approaches could work, provided companies dont seek to replicate Byjus hyper-aggressive sales machine or spend as lavishly as it did on unrelated acquisitions. PW now offers courses for 35 Indian exam categories, including civil services and army recruitment. Cofounder Maheshwari is opening one new offline center every five days. Annual sales have more than doubled in one year to 20 billion rupees ($240 million), supported by around $50 million from assorted acquisitions. About 54% of the remaining $190 million is from online tutoring, while another 43% comes from 50-plus physical locations, where more than 180,000 students shell out $500 apiece. A money-making core generates resources for expansion. The buzzwords are affordability and profitability.

The funding winter for edutech is real the shock from Byjus collapse is still playing out. The next big unknown is government policy. Nobody expects a Beijing-style showstopper, but New Delhi recently announced guidelines for the industry. State governments will make their own rules amid hectic lobbying to relax the proposed minimum age of 16 years for after-school tuitions. It will be almost impossible, however, to police online apps. The government is rightly worried about the stress on youngsters, often leading to self-harm. But as PWs Pandey says, many of Indias small villages got their first engineers and doctors because of the internet. That quest for upward mobility will be impossible to kill.

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The Netflix model may just save Indias online learning apps - The Economic Times

Pursuing dreams and personal growth often entails an arduous journey of effort and discipline. Motivation may surge initially through bright-eyed optimism, yet most encounter points of floundering. Paths to meaningful goals rarely follow a smooth linear progression. Typical cul-de-sacs include burnout, unclear directions, self-doubt, or perceived inability to make tangible progress from punishing efforts.

When forward momentum stalls, the reflective assessment provides an opportunity to reclaim internal resilience and belief. Adjust timelines, temper expectations, shore inner reserves, and chart a new beginning.

Burnout from overexertion with too little rest is a prevalent motivation killer. Constant stress taxes our mental and physical resources until we struggle to get through daily tasks, much less pursue primary goals requiring disciplined efforts over time. If exhaustion describes your stuck state, dont demand more from yourself without first prioritizing replenishing your mindset and lifestyle habits.

Alternatively, a lack of structure and clear goals understandably leaves one spinning their wheels. If the following steps seem perpetually fuzzy, jot down some time to reevaluate what you genuinely want, then break those big goals into micro-step goals with deadlines based on what you can reasonably do each day or week. Creating momentum itself often sparks motivation.

Rather than viewing goals as singular distant objectives, envision your aims as stair steps composed of gradually accumulative micro goals pursued through consistent actions in the here and now. Breaking progress down into digestible steps makes advancement feel readily achievable.

Someone hoping to run a marathon could first focus on running one mile without stopping, then three miles, then five miles, etc, over designated timeframes. A person who wants to switch careers could set a weekly goal of revising their resume, then networking with two professionals in their industry of interest, then applying to open positions, and so on.

Repeated failures are frustrating indeed. Normal reactions often include self-criticizing, wallowing emotionally, or giving up on goals entirely in despair, believing success remains beyond reach given a pattern of not achieving desired results.

Shift setbacks from despair points into wisdom gained for future efforts. Ask yourself what specifically went wrong, then brainstorm one slight improvement for the subsequent attempts. Maybe incorrect planning, inadequate preparation/skill development, or unrealistic expectations created impossibly high hurdles. Break down what precisely didnt work.

Related to celebrating small goal achievements, maintain focus on progress itself rather than demanding perfection with each step. Growth depends on patiently improving bit by bit, not magically transforming in ability overnight. Challenge thoughts insisting you must master goals quickly or not at all. View any effort made, no matter how small, as a reason to praise yourself. Daily credit your forward movement, emphasizing an appreciation for the actions rather than criticism for not reaching endpoints rapidly enough.

See each backslide as an opportunity to reclaim your inner power. When falling short, intentionally pivot thinking from discouragement to asking, Whats one thing I could do better next time? then immediately schedule attempts to implement that improvement. Own precisely where you stand each moment, surrender unhealthy comparisons with others, embrace reality over resisting or resenting current limitations, and then channel everything into your very next step forward.

Motivation depends profoundly on self-talk quiet or loud chatter directed inwardly echoing opinions absorbed over a lifetime. Unfortunately, many self-dialogue trends are critical rather than compassionate, attacking rather than uplifting, and demanding rather than patient. Chronic self-judgment naturally spawns negative emotions, hindering motivation and any humans progress.

Intentionally shift self-talk to first and foremost express kindness towards yourself regardless of outcomes achieved that day. Talk to yourself as a beloved friend you wholeheartedly root for rather than an enemy you constantly disappoint. Grant yourself the same gentleness, empathy, and optimism offered to loved ones. Affirm, Im enough. Challenges encountered recently reflect opportunities to improve, not personal failings. Growth depends profoundly on self-compassion. Reconnect with your fundamental goodness. Honor each step forward in patience. In this mental space, motivation arises more naturally.

Neil is a 32-year-old software engineer who has long dreamed of starting his own tech consultancy business. For years, he held back from leaping, but last year, he finally worked up the courage to begin laying the foundations on nights and weekends.

Initially, momentum carried Neil eagerly through months of paperwork registrations, branding brainstorms, website design, cold calling potential partners, and gradually acquiring his first few clients. Exhilarated by visible progress, his motivation remained high, and his vision felt vivid.

Then, nine months in, Neil hit an abrupt wall. His consultancy pitch got turned down by a significant prospect he was banking on. Two fledgling clients had cash flow issues and couldnt pay on time, leaving Neil unable to afford a crucial software update. Twelve-hour work days, he left no energy for continuing sales and marketing. He started questioning if this venture could ever be viable at all.

Neil felt baffled and defeated. How could so much enthusiastic effort yield such discouraging results? After a few weeks of barely making progress, his drive to grind through expanding the business wilted. The prospect of pouring blood, sweat, and tears into this consultancy now seemed foolishclearly, the reality failed to match the rosy vision that kickstarted this journey.

Rather than criticize himself as incapable and his business idea as flawed, Neil wisely paused to reset with self-compassion. He revisited initial motivations and extracted lessons from recent setbacks. Broad ambitions were broken into attainable monthly objectives. Defining specific problems was empowering rather than overwhelming. This clarity set the stage for Neil to rise once more with a strategic, resilient focus.

Of course, the future remains uncertain, but Neil discovered failure often spotlights ones most profound wisdom. What matters most is maintaining faith when that inner light wavers. Neil found through stillness and patience; embers regain their glow.

When discouraged in pursuing personal growth and dreams, breathe deep and know you have all you need to recommit with courage. Avoid knee-jerk self-judgment. Instead, inspect roadblocks encountered with humility and curiosity about lessons contained in failures. Arm yourself for the next milestone by setting modest objectives and timelines. Brew stamina through self-care and compassion. Keep your eyes locked on the immediate next inch forward. One small win will stack upon another until suddenly youve traversed miles in reward for resilient daily effort. You own the power to regain motivation even after stumbling. Now boldly rise once more!

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Rise Back Up And Push Harder (Personal Growth, Motivation) - New Trader U

The Online Education market represents a dynamic and rapidly expanding sector in the global education landscape, driven by technological advancements, changing learning preferences, and the need for flexible and accessible learning solutions.

The Online Education Market research report provides an in-depth overview of the industry including market segmentation by product, technology, vertical and geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing application market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings.

Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions. The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years.

Download a sample copy of Report: http://www.marketdigits.com/request/sample/209

Key Points:

Key Trends:

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Major Classifications are as follows:

By Product

By Technology

By Vertical

By Geography

Reason to purchase this report:

Recent Industry News:

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Conclusion:

The Online Education market is not just about virtual classrooms; its a transformative force redefining how knowledge is accessed, shared, and applied. Key points, including the definition of online education, diverse learning formats, global accessibility, technological enablers, and adaptability, underscore the markets pivotal role in shaping the future of learning.

Trends, such as microlearning, AI and ML integration, social learning emphasis, and the recognition of online credentials, reflect the markets responsiveness to evolving learner preferences and educational needs. Recent industry news amplifies these trends with partnerships, investments in startups, government initiatives, and quality assurance measures, portraying an online education market that continues to innovate and redefine the educational landscape.

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Revolutionizing Learning: Exploring The Online Education Market In The Latest Research - WhaTech

IBM says it will install an IBM Quantum System Two processor at the Korean Quantum Computing (KQC) site by 2028.

The KQC site in Busan, South Korea has operated as an IBM Quantum Innovation Center since 2022. As a result of this expanded partnership, in addition to the installation of the new processor, KQC members will have access to IBMs full-stack solution for AI, including watsonx and Red Hat OpenShift AI.

In a statement, IBM said the collaboration would also include an investment in infrastructure to support the development of generative AI through the deployment of advanced GPUs and IBM's Artificial Intelligence Unit (AIU), managed by Red Hat OpenShift.

"KQC is providing versatile computing infrastructure in Korea through our collaboration with IBM, said Ji Hoon Kweon, Chairman of KQC. Our robust hardware computing resources and core software in quantum and AI are poised not only to meet the growing demand for high-performance computing, but also to catalyze industry utilization and ecosystem development.

He added: We are working to diligently enhance services and infrastructure through this collaboration as well as with our industry-specific partners.

The IBM Quantum System Two was unveiled at the companys quantum summit in December. The modular quantum computer a 22 ft wide, 12 ft high machine that is currently operational at IBMs New York lab is powered by three of the company's Heron chips and combines cryogenic infrastructure with modular qubit control electronics.

IBM Quantum Two will be used by the company to realize parallel circuit executions for quantum-centric supercomputing.

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IBM Quantum System Two processor to be installed at Korean Quantum Computing site - DatacenterDynamics

LEESBURG, Va., Jan. 31, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative quantum optics andnanophotonics technology company,today announced new leadership appointments as the Company readies for an active 2024 with an anticipated market-disruptive product release schedule. William (Bill) J. McGann, Ph.D., a globally recognized leader in commercialization of innovative technology, has been appointed CEO of Quantum Computing Inc. Dr. McGann succeeds QCi's co-founder Robert Liscouski who remains Chairman of the Board to help oversee the Company's growth and expansion.

Dr. McGann has a decade-long track record for transforming credible science into practical technology in steps of innovation, engineering, and leadership. In his role as QCi's CTO, Dr. McGann has driven the launch of QCi products in the areas of quantum optimization machines, reservoir computing for AI, quantum remote sensing, and quantum random number generation in 2023. Bill and the team are leading the charge in the Company's mission to provide "accessible and affordable" quantum technology to the world. Over the course of his professional career, Dr. McGann has held numerous business and technology leadership positions.

Dr. McGann began his entrepreneurial journey in 1990, where he was a co-founder of a disruptive technology innovation company, Ion Track Instruments. There, he and the team created a revolutionary new explosives trace detection technology and methodology that is widely deployed around the world today. After successfully capturing a majority of the global market share in this industry, he sold Ion Track to GE and formed the GE Security business unit in 2002, where he continued to create new technologies to further grow the industry. Since then, Dr. McGann has led and driven innovative product design in several businesses, both large and small, which include United Technologies, Implant Sciences Corporation, L3 Harris Corp., and then Leidos as CTO of the Security and Automation division.

Dr. McGann received his Ph.D. in Chemical Physics from the University of Connecticut and holds undergraduate degrees in both chemistry and biology. He has authored over 70 research proposals (SBIR) for the U.S. government, dozens of scientific publications, and 26 patents in the areas of nuclear, chemical and biological detection technologies.

Commenting on Dr. McGann's appointment, Robert Liscouski, co-founder and Chairman of Quantum Computing Inc., shared, "Over the past six years, QCi has evolved into an innovative leader of nanophotonic quantum technologies. We believe we are about to revolutionize the market with another breakthrough technology that delivers processing power, accuracy and speed at minimal energy usage at a reasonable price as true to our mission of providing accessible and affordable quantum technology to the world. I am proud to have led QCi through inception to this inflection point where it is positioned for significant growth in 2024. While I will continue to be meaningfully engaged at QCi going forward, I believe it is time to pass the baton to the next phase of leadership to take this Company to the next level. Bill and the team are poised to introduce value-creation and cost-effective quantum technologies that will change the market as we know it today. We are fortunate to have the right combination of extraordinary talent with a passion and unwavering commitment to this company to carry us into the future."

Mr. Liscouski intends to use his more than 35 years of national security experience, including his service as the first U.S. Assistant Secretary forInfrastructure Protection of the U.S. Department of Homeland Security, President of Implant Sciences Corporation, Global Director of Information Assurance at the Coca-Cola Company, and a visiting fellow at the Center for Strategic and International Studies in Washington, D.C. to further support the Company's progress in commercializing its highly innovative technology, while providing strategic direction and corporate governance to grow shareholder value. In his role as Chairman, Mr. Liscouski will remain active in guiding the business strategy and direction.

Dr. McGann added, "Bob has tirelessly led the business and accomplished much in his role as CEO and has built a solid foundation for QCi's success. As the new leader, I will leverage these accomplishments and progress to accelerate the Company's growth through the commercialization of our core technologies and continue to innovate and deliver important technologies for a better world consistent with our moto "Quantum Machines for a Brighter Future".

For additional information on the Company's suite of solutions, please visit our websiteor contact our team directly.

About Quantum Computing Inc. (QCi)

Quantum Computing Inc. (QCi) (Nasdaq: QUBT) is an innovative, quantum optics and nanophotonics technology company on a mission to accelerate the value of quantum computing for real-world business solutions, delivering the future of quantum computing, today. The company provides accessible and affordable solutions with real-world industrial applications, using nanophotonic-basedquantum entropy that can be used anywhere and with little to no training, operates at normal room temperatures, low power and is not burdened with unique environmental requirements. QCi is competitively advantaged delivering its quantum solutions at greater speed, accuracy, and security at less cost. QCi's core nanophotonic-based technology is applicable to both quantum computing as well as quantum intelligence, cybersecurity, sensing and imaging solutions, providing QCi with a unique position in the marketplace. QCi's core entropy computing capability, the Dirac series, delivers solutions for both binary and integer-based optimization problems using over 11,000 qubits for binary problems and over 1000 (n=64) qubits for integer-based problems, each of which are the highest number of variables and problem size available in quantum computing today.Using the Company's core quantum methodologies, QCi has developed specific quantum applications for AI, cybersecurity and remote sensing, including its Reservoir Photonic Computer series (intelligence), reprogrammable and non-repeatable Quantum Random Number Generator (cybersecurity) and LiDAR and Vibrometer (sensing) products. For more information about QCi, visitwww.quantumcomputinginc.com.

Important Cautions Regarding Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in QCi's Annual Report on Form 10-K and other factors as may periodically be described in QCi's filings with the U.S. Securities and Exchange Commission.

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Quantum Computing Inc. Board of Directors Appoints Dr. William McGann as the Company's CEO and Co-Founder ... - Marketscreener.com

Themes like cryptocurrency and AI have driven the market higher in recent years. Quantum computing could be the next hot theme that takes the market by storm, and investors should consider getting ahead of the trend and looking into it now.The Defiance Quantum ETF (NYSEARCA:QTUM) is an exciting ETF dedicated to this high-tech theme.

Im bullish on QTUM based on the long-term potential of quantum computing, its carefully selected portfolio, and its excellent track record of performance over the past five years. We are still in the early stages of quantum computing, so this could be a high-risk, high-reward investment.

An investment like this is likely best as a smaller allocation for risk-tolerant investors, but as we will discuss below, QTUM does a good job of mitigating some of these risks with a diversified portfolio that benefits from the rise of quantum computing without being solely reliant on it.

Without getting too into the weeds, quantum computing uses quantum mechanics to perform calculations exponentially faster and more efficiently than typical computers.According to QTUMs sponsor, Defiance ETFs, they process information in a radically different manner and therefore have the potential to explore big data in ways that have not been possible until now.

While not all use cases are known at this point in time, quantum computing will likely have a major impact on applications like machine learning and encryption and could impact fields like industry, defense, academia, and beyond. Renowned management consulting firm McKinsey & Company says quantum computing may provide an exponential increase in computational performance for certain problems and transform communication networks by making them more secure.

While the space is in its infancy, its growing fast. CB Insights reports that venture capital investment in the space grew by 500% between 2015 and 2020. Meanwhile, McKinsey named quantum computing one of its top 15 trends in its 2023 McKinsey Technology Trends Outlook and reported that the industry received $2 billion in equity investment in 2022, while job postings for the space grew by 12%.

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McKinsey also rated quantum computings adoption as a 0 on a scale of 0 to 5, with 0 indicating no adoption. This is an important reminder that practical, scalable quantum computers are still in the early stages of development, so their commercial success isnt necessarily set in stone. However, this score of 0 also indicates that there is a long runway of growth ahead if quantum computing becomes commercially viable.

According to fund sponsor Defiance, QTUM seeks to provide exposure to companies on the forefront of machine learning, quantum computing, cloud computing, and other transformative computing technologies.

It does this by investing in its underlying index, the BlueStar Quantum Computing and Machine Learning Index (BQTUM), an index comprised of leading global companies engaged in the research & development or commercialization of systems and materials used in quantum computing.

These companies include those engaged in advanced traditional computing hardware, high powered computing data connectivity solutions and cooling systems, and companies that specialize in the perception, collection, and management of heterogeneous big data used in machine learning.

The fund launched in 2018 and is still relatively small, with $208.4 million in assets under management (AUM).

QTUM is nicely diversified. It owns 71 stocks, and its top 10 holdings account for just 16.7% of assets, so this isnt an ETF that is overly exposed to a small handful of holdings. This is because the funds underlying index is equal-weighted and rebalanced semi-annually.

Below is an overview of QTUMs top 10 holdings using TipRanks holdings tool.

One appealing aspect of QTUM is that because quantum computing is still in its early phases, the fund doesnt limit itself solely to the few publicly-traded companies that are focused on quantum computing as their core business, such as IonQ (NYSE:IONQ) and Rigetti Computing (NASDAQ:RGTI).

This seems like a prudent approach, as there are only a few of these companies, and they are likely years away from turning a profit. While QTUM invests in these companies, it spreads its risk by also investing in companies that will facilitate the growth of quantum computing and those that will benefit from it.

For example, the fund holds a large number of semiconductor stocks like Advanced Micro Devices (NASDAQ:AMD), Marvell (NASDAQ:MRVL), and Nvidia (NASDAQ:NVDA).

It also owns Taiwan Semiconductor (NYSE:TSM), which fabricates the semiconductors for many of these companies, and stocks like Lam Research (NASDAQ:LRCX) and Applied Materials (NASDAQ:AMAT), which provide the equipment needed to manufacture semiconductors. These stocks can be thought of as the picks and shovels way to gain exposure to quantum computing.

QTUM owns mega-cap tech stocks like Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), and IBM (NYSE:IBM) that are working on developing quantum computing technology but are not reliant upon it for revenue or earnings today.

You may be surprised to find stocks like Honeywell (NASDAQ:HON) in QTUMs holdings since investors often think of it as more of an old school industrial company than a tech stock, but Honeywell has established a strong foothold in quantum computing. In fact, its quantum computing subsidiary, Qauntinuum, recently raised new funding that values it at $5 billion.

This measured approach is a sensible way to invest in this nascent space, and it has led to excellent returns over the years, as youll see below.

QTUMs portfolio has translated into a very strong performance over the years. The fund lost 28.8% of its value in 2022 when the tech sector and more speculative growth stocks took a major haircut. However, it bounced back with a spectacular total return of 39.9% in 2023 when tech stocks staged a major rebound.

This excellent 2023 performance was nothing new for QTUM the fund posted a 35.2% return in 2021, a 42.1% return in 2020, and an incredible 48.0% return in 2019.

As of December 31, the fund generated an annualized 10.5% three-year return and an annualized 25.2% five-year return.

These stellar annualized returns not only easily outperformed the broader market but also slightly outperformed the high-flying Invesco QQQ Trust (NASDAQ:QQQ), which invests in the 100 largest non-financial stocks on the tech-centric Nasdaq (NDX) exchange. As of December 31, QQQ generated an annualized three-year return of 10.0% and an annualized five-year return of 22.4%.

QTUMs expense ratio of 0.40% isnt cheap, but it isnt overly expensive either, especially when considering the funds strong performance.This 0.40% expense ratio means that investors will pay $40 in fees annually on an investment of $10,000. Assuming that the expense ratio remains 0.40% and the fund returns 5% annually, investors will pay $505 in fees over a 10-year time span.

Turning to Wall Street, QTUM earns a Moderate Buy consensus rating based on 44 Buys, 27 Holds, and one Sell rating assigned in the past three months. The average QTUM stock price target of $62.08 implies 11.2% upside potential.

In conclusion, Im bullish on QTUM based on its stellar track record of performance and the long-term potential of quantum computing. I also like that the fund smartly casts a wide net and invests in stocks that will benefit from the rise of quantum computing, those that will help fuel its growth, and some pure-play quantum computing stocks.

Quantum computing is still in its early stages and a long way off from being commercially successful, but QTUM takes the right approach of investing in stocks that will give investors exposure to the upside of quantum computing without betting the entire farm on it.

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QTUM ETF: Quantum Computing Could be Tech's Next Hot Theme - Yahoo Finance

The cryptocurrency world is in a constant state of flux, and two platforms, Binance.com and TapaCoin.com, stand out as leaders in the industry. Let us conduct a detailed comparison of these two exchanges, highlighting their unique characteristics and features.

Binance.com: The Worlds Leader in Crypto Exchanges

Binance.com certainly deserves its status as a leader in the cryptocurrency space. Since its inception, it has become the number one platform in the world thanks to its extensive range of services, high level of security and world-class scale.

TapaCoin.com: An emerging competitor with promise

TapaCoin.com, a unique and promising crypto exchange founded over 10 years ago, shows the potential to become a serious competitor to Binance.com. Lets take a closer look at the key aspects where TapaCoin.com stands out.

TapaCoin.com exhibits impressive speed of transactions, which becomes one of the advantages compared to Binance.com. This is important for traders seeking to minimize order processing time and maximize trading efficiency.

In the field of staking, TapaCoin.com stands out with favorable rates. This makes the platform attractive to those looking to maximize their income from staking various cryptocurrencies.

The TapaCoin.com exchange actively pays attention to security, conducting regular audits and introducing advanced technologies. This builds user trust and ensures reliability in the processing and storage of digital assets.

TapaCoin.com not only provides an opportunity for successful trading, but also pleases its users with regular sweepstakes and bonuses. This creates additional incentives for active participation and attracts new traders.

One of TapaCoin.coms strengths is its large staff, including highly trained technicians and security experts. This guarantees the efficient functioning of the exchange and the protection of user interests.

TapaCoin.com strives to gain global popularity by opening branches in various countries and establishing partnerships with influential figures in the cryptocurrency industry. This not only expands the geography of service, but also helps attract new users.

Users of TapaCoin.com highly rate the platform, noting its reliability, ease of use and quality of services provided. This emphasizes the positive reputation of the exchange in the crypto community.Conclusion: The choice is up to the traderIn conclusion, Binance.com and TapaCoin.com provide unique opportunities for traders. Binance.com is considered an industry leader, while TapaCoin.com is innovating and aiming to become a strong competitor. The choice between them depends on the individual preferences, trading styles and goals of each trader. Both exchanges offer their own unique benefits, and the choice ultimately depends on your preferences and goals in the world of cryptocurrencies.

Disclaimer: The text above is an advertorial article that is not part ofCryptonews.comeditorial content.

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Comparison of Binance.com and TapaCoin.com: When a Leader Meets a Competitor - Cryptonews

Godfrey Benjamin

Binance set to list Solana-based Jupiter (JUP), sending price up 158%

Jupiter (JUP) is on a mega-bullish rampage today as it is riding the positive sentiment surrounding its potential listing on the Binance exchange. At the time of writing, the token is up by 158% in the past 24 hours to $0.02054,per data from CoinMarketCap. For a relatively new token, Jupiter has printed 336% growth in its trading volume, which comes in at $5,421,130.

Jupiter is a decentralized exchange aggregator based on the Solana blockchain. The protocol has been making waves in recent times, underscoring the massive interest generated ahead of the listing on Binance slated for Jan. 31 by 12:30 p.m. UTC. The trading behemoth said it will list new JUP-based spot trading pairs, including JUP/USDT, JUP/FDUSD and JUP/TRY.

The digital currency entered the trading market with a total circulating supply of 1.35 billion JUP, with a billion earmarked for airdrops. The remaining tokens were earmarked for team support, liquidity provision and other related operational boosts.

Jupiter comes at a time when the Solana blockchain isat its peak after years of trading as an underdog, when it fell from its ATH score of $260.06. The massive upshoot in Jupiter aligns with this sentiment with a major price discovery.

Binance plays a crucial role in the crypto ecosystem with thelisting of tokens. With millions of monthly active users, Jupiter is bound to gain massive exposure to the largest traders in the industry, and the upside might shift the overall volume of the asset in no time.

Over the past few months, Binance has made a series of token listings to shore up its overall supported asset base. As an exchange with intense regulatory scrutiny, it alsodelists assets on a regular basis for poor performance.

About the author

Godfrey Benjamin

Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on Blockchain.news,Cryptonewsand Coingape, among others.

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Binance Listing Sentiment Sends This Solana Token up 158% - U.Today

In a significant move announced this Tuesday, Binance, a major player in the crypto world, is taking a step back from its involvement in Gopax, a South Korean-based company. This decision, following Binances acquisition of a majority stake in Gopax in February 2023, has sparked questions within the industry.

Binance, recognized as one of the largest global crypto exchange platforms, is changing course by opting to reduce its stake in Gopax. This decision aims to address concerns related to reporting requirements associated with Virtual Asset Business Operations [VASPs].

Steve Young Kim, Binances Asia-Pacific director, provided insight, stating that Gopaxs significant debt would be resolved through an equity-to-equity conversion.

We expect that we will be able to provide more specific data on the sale of the shares in some form within a month or two.

Counting Down to Disclosure

Binance has committed to revealing further details on its stake reduction with Gopax in the next two months. The crypto platform is strategizing to convert the debt, paid as GoFi repayment, into equity, thereby selling a portion of its stake to find a practical resolution to the ongoing issue.

Also Read: Binance vs SEC: Join Status Report Reveals Discovery Disputes

Following its exit in January 2021, Binance has been eager to re-enter the South Korean market. Recognizing South Korea as a pivotal hub for crypto exchange platforms, with substantial economic scalability and a thriving talent and startup community, Binance considers these factors as the driving force behind its venture into the region.

Did You Know? Bitcoin ETFs Coming to South Korea? Republic Officials Push for Reconsideration

Despite being on the cusp of finalizing the acquisition deal, Binance faced hurdles in the form of a lawsuit from the U.S. Securities and Exchange Commission (SEC). While Binances previous exits managed to find resolution, the current SEC lawsuit remains an unresolved challenge, creating uncertainty in the market.

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Binance Prepares for Stake Reduction in Gopax; Heres Why - Coinpedia Fintech News

Florida and Alaska crackdown on Binance.US, Binances subsidiary in the United States, amid regulatory pressure. The crypto exchange can no longer offer services to residents in these states.

Notably, Floridas financial watchdog suspended Binances local license swiftly. The Office of Financial Regulation acted after Changpeng Zhao (CZ), Binances former CEO, admitted to anti-money laundering violations.

Zhaos plea landed one week before the states emergency order. Now, Florida bans the company from conducting money transmission activities.

In the meantime, Alaskas banking division denied Binance.US a license renewal. The Alaska Division of Banking and Securities made the decision in early January 2024. Binance.USs legal status in other states stands unstable. Something similar is observed for the cryptocurrency titan in other countries.

Zhao pleaded guilty to breaching U.S. Bank Secrecy Act regulations in November 2023. A U.S. federal court approved his guilty plea in December. As a consequence, Zhao relinquished control over Binance.US. He also signed over voting rights to a proxy, aiming to distance himself from the firm.

In response to these events, Binance.US emphasized its operational continuity. The exchange vowed uninterrupted services to Americans post-Zhaos legal troubles. On November 28, they assured customers of maintaining usual business activities.

On the other hand, the Binance.US secured permissions to operate in three other states. Arkansas, Illinois, and South Dakota reached agreements allowing the platforms continued service. These deals hinge on the permanent transfer of Zhaos voting rights within Binance.US.

Post-guilty plea, Zhao moved to secure his $4.5 billion Binance.US share. He proposed the stake as collateral for freedom to travel to his UAE home. However, Judge Richard Jones denied the request, keeping Zhao in the U.S. Zhao now awaits sentencing set for late February 2024, with a potential 18-month prison term.

Moreover, these developments reflect heightened scrutiny over the crypto industry. They highlight the legal complexities facing cryptocurrency businesses operating in the U.S.

Binance.USs future in Florida and Alaska appears dim after regulators strict actions. Other states continue to ponder their stance on the exchanges operations. The decision in these two states symbolizes growing regulatory enforcement upon crypto-related businesses.

As the legal landscape shifts, the industry watches closely. Zhaos case is a cautionary tale for others in the digital currency sector. Compliance with anti-money laundering laws remains a paramount concern for regulatory agencies.

Interestingly, Binance recently started a more compliant approach to its operations. For example, the dominating exchange threatened to remove privacy cryptocurrencies like Monero (XMR), following a global trend to crack down on financial privacy.

Meanwhile, affected Binance.US users in Florida and Alaska must seek alternative platforms. The crypto community awaits further developments regarding Binance.US and its ability to navigate the U.S. regulatory environment.

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Florida and Alaska ban Binance from serving their residents - Finbold - Finance in Bold