How to Invest in Ethereum-A Complete Beginner's Guide - cyptoranking.com

2024-04-29

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The Dutch regulatory landscape, characterized by strong yet transparent regulations, has attracted global players while simultaneously maintaining the integrity of the financial system. Crypto.com’s recent approval in the Netherlands is a testament to the country’s status as a strong and welcoming market for cryptocurrency enthusiasts and businesses. #BNB is a fair launch token. Ie, no one got free BNB tokens from the initial supply. The "team tokens" was never moved or used, it was only burnt. How to Invest in Ethereum-A Complete Beginner's GuideProsConsParticipation in a new technologyVolatile marketCrypto-specific usesSignificant risks, as many altcoins are scamsOffer high rewardsMay be complex to use Radix is a layer-1 smart contract platform that aims to improve the user and developer experience in Web3 and DeFi. The company was founded in 2013 by Dan Hughes, who wanted to create a scalable and secure platform for decentralized applications.

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Source / Sam CoolingThe Open Network's native Toncoin (TON) has bounced-up +5% after localised retracement from upper trendline resistance, but is it too late to buy Toncoin?Retracement has swept the Toncoin chart following rejection from upper trendline resistance - this comes following a dramatic upside pump triggered by the news that Telegram integrated TON wallet.TON holders are speculating a break-out move here could unlock skyrocketing price action, with eagle-eyed traders highlighting the huge amount of liquidity at higher price levels.TON Price Analysis: Is it too Late to Buy Toncoin?Despite the recent downside, Toncoin is currently trading high in the channel at a market price of $2.14 (Representing a 24-hour change of +4.21%).Loss of support from the 20DMA on September 30 has seen TON fall to the $2.00 price level, and a well-defended consolidation here has primed price action for the ongoing bounce.TradingView / TON USDTTON is still technically strong here, with reliable lower support to be found from the 200DMA at $1.75.The 20DMA (sat at $2.24) will form the first key area of resistance for the current upside move.Toncoin's RSI is showing minor bearish divergence, with an oversold signal at 53.83.While the MACD indicator reinforces this view with a -0.0383 reading suggesting stalling momentum.Overall, TON is fragile here - with the upside move targeting a reclamation of the 20DMA, against bearish indicators - possibly hinting at a further retracement.TradingView / TON USDTThis leaves TON with an upside target at $2.25 (a potential +5.34%).While downside risk could see TON fall to $1.78 (a possible -16.6%).This leaves Toncoin with a risk: reward ratio of 0.32 - a bad entry, overwhelmed buy downside risk.Meet TG Casino: Fastest Growing GambleFi Crypto Presale Hits $475kSource / TG CasinoAs Telegram trading bots and GambleFi dominate September's narratives, the TG.Casino ($TGC) presale is gaining significant attention - racing to $421k raised in just days, here’s why it should be on your radar.TG.Casino isn't just another quick Telegram bot pump-and-dump it's an intricately crafted ecosystem that marries the thrill of the casino world with the decentralized edge of blockchain.By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.With a range of offerings, from thousands of live casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.From a security standpoint, users can rest easy - all data and funds are encrypted, ensuring robust protection against potential threats.While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.The TG Casino Presale: Hype and BeyondSource / TG CasinoThe presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.The $TGC token's utility is another aspect to spotlight - beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.How to Buy TG Casino Early?Step 1 – Go over to their official websiteThe first thing you want to get correctly is going over to their official website.Step 2 – Create a Crypto WalletYou need to set up a crypto wallet, and it's important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.Step 3 – Purchase ETH or USDTNext is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.Step 4 – Connect Wallet to Presale DashboardGo to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.Step 5 – Buy TG.Casino TokenInvestors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.Step 6 – Claim TG.Casino TokenOnce TG.Casino's presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the 'Claim' button on TG.Casino's homepage. That's all for how to buy TG.Casino.TG Casino's Unrivalled Tokenomics Could Trigger Biggest GambleFi MoonshotSource / TG CasinoTo wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it's a front-row ticket to the future of Telegram GambleFi.With tokenomics supply - fairly distributed across the presale, liquidity pools, staking rewards, and player rewards - and the additional bolster of TG Casino's jaw-dropping 3,446% APY - this project is positioned to become a huge name in the GambleFi vertical.Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!Dive into the TG.Casino Presale Now.Buy $TGC HereDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Is GALA Going to Zero? GALA Price Suddenly Drops 8% With $500 Million Volume as New Meme Coin Raises $300,000 Source: Maker.1D.USD by TradingView How to Buy Ethereum with Paypal, Step by Step (with Photos)Fast Forkast The month’s positive end preceded a number of ether (ETH) futures ETFs that went live Monday. Yet despite initial optimism, those vehicles performed modestly out of the gate.

“The move also funds and accelerates the protocol’s development, ultimately making ETH more accessible for institutions and individuals looking to participate in the ecosystem,” he said.Binance hit with class-action lawsuit over alleged market manipulation Like many other platforms, Ethereum too has some disadvantages: Crypto Taxes Canada: Investor's Guide 2023Read More: Ripple (XRP) Price PredictionPaul Tudor Jones concerned U.S. is in 'untenable fiscal position' as it faces greatest challenges since WWII Solana. Source: AdobeCoinbase's layer-2 network, Base, has surpassed Solana (SOL) in terms of total value locked (TVL).Base's TVL has reached an impressive $397.32 million since its launch in August, outpacing Solana's TVL of $358.96 million, data from DefiLlama shows. Over the past month, Base has experienced significant growth, with a remarkable 97.21% increase in TVL.On the other hand, Solana has seen a decline of 9.64% in its TVL over the same timeframe.The bulk majority of Base's TVL comes from two projects. Decentralized exchange Aerodrome Finance holds the top spot with a TVL of $97.83 million, while the decentralized social media app Friend.tech ranks second with a TVL of $36.53 million.Aerodrome Finance, launched on August 28, allows users to deposit liquidity to earn its native AERO tokens and offers other features. Although it had a slow start, Aerodrome's TVL skyrocketed on August 31, with a massive $150 million pouring in on that day alone. However, the project's TVL has since decreased by approximately 51% as the initial hype subsided.Friend.tech, launched on August 11, enables users to tokenize their social networks through the buying and selling of "Keys." Despite facing challenges in late August, the platform experienced a dramatic surge in September. DefiLlama reports a 540% increase in Friend.tech's TVL over the past month, primarily driven by a pump that began on September 9 alongside a resurgence in daily trading volume.Looking beyond the top projects, Base's TVL is predominantly contributed by multinetwork decentralized finance platforms such as Compound, Curve, and Uniswap.Furthermore, Base has achieved a new milestone this month, reaching a peak of 1.88 million daily transactions on September 14, surpassing rival chains like Optimism and Arbitrum, which had a combined total of almost 880,000 transactions on the same day. As of today, Base's daily transactions have decreased to approximately 908,000, but the all-time high record remains intact.Coinbase Pushes for Regulatory Clarity in the USAs of late, Coinbase has ramped up efforts to bring about positive changes in US legislation in the crypto sector.Earlier this week, the exchange launched a new media campaign, encouraging people who are interested in crypto to contact their congressional representatives through its platform to let them know crypto regulation clarity is an important issue for them.In mid-August, the exchange also announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community.Dubbed Stand with Crypto Alliance, the independent nonprofit organization aims to mobilize support for legislation that would create a regulatory framework for digital assets in the US.Furthermore, earlier this year, the company filed a lawsuit against the agency to compel the SEC to establish clear regulations for the cryptocurrency industry. Despite the push for regulatory clarity, the exchange has come under scrutiny.In June, the SEC sued Coinbase, accusing the platform of operating as an unregistered securities exchange, broker, and clearing agency. DeFi Protocol Balancer Faces Another Security Breach After Being Exploited for $2M a Month Ago

STORJ Exchange Netflows vs. Price | Source: IntoTheBlock “For emerging markets such as Ukraine, cryptocurrencies have the potential to act as a reliable store of value, reduce cross-border transaction costs, and boost financial independence. In addition to helping with war efforts, cryptocurrency donations are likely to encourage increased adoption and strengthen an economy that has otherwise been hampered by the war,” the report reads. 13 Best Crypto Friendly Banks of 2023Why finality matters in blockchain Stocks posted a disappointing month at the end of the third quarter. The S&P 500 and Nasdaq Composite indexes lost 4.9% and 5.8%, respectively, in September, marking it the worst month for returns in 2023.

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