How to Buy Cryptocurrency in Australia-Beginner's Guide - cyptoranking.com

2024-05-09

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In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. Check out Meta’s new photorealistic metaverse avatars and, in other news, learn why Neal Stephenson’s metaverse blockchain project remains optimistic despite waning interest.NFT artist raises $140,000 for cancer support charityNFT artist Trevor Jones donated almost $140,000 to Maggie’s Edinburgh — an organization dedicated to cancer treatments — after raising funds from a Web3 event in France. The amount raised from the event will help 4,000 patients affected by cancer and those who need critical support. According to Maggie’s Edinburgh, the funds raised by Jones will be the highest single donation from an art event in the organization’s history. The money collected will support services for cancer patients and their families.Continue readingPayPal applies for NFT marketplace patent for on- or off-chain asset tradingPayment platform PayPal filed a patent application for an NFT transfer and purchase system. The patent application was filed at the United States Patent and Trademark Office in March and was made available publicly in September. The patent described a system that lets users buy and sell NFTs through a service provider. While the provider was not mentioned, the document did mention Ethereum, suggesting that it may be based in the network. Continue readingThe metaverse is real: Zuck’s “incredible” photorealistic tech wows Crypto TwitterAs critics continue to declare the metaverse dead, Meta CEO Mark Zuckerberg showcased the company’s developments in the space in a podcast using photorealistic avatars in the metaverse. Using Meta’s Quest 3 headsets and noise-canceling headphones, Zuckerberg and podcast host Lex Fridman engaged in an hour-long interview using metaverse avatars. The improvements got the attention of Crypto Twitter, with some comparing previous iterations of Zuckerberg’s metaverse with the present one, saying the “metaverse has upgraded.”Continue readingNeal Stephenson’s blockchain project holds discovery month as metaverse hype wanesMetaverse blockchain project Lamina1 is holding an event called the Open Metaverse Discovery Month to let builders and creators experience the metaverse. The company believes that despite the lower interest in the metaverse, the concept will live as long as people are willing to spend time and money on it. According to Lamina1 CEO Rebecca Barkin, the project was able to attract 50,000 builders despite the crypto winter and people writing eulogies for the metaverse. The executive remains optimistic that its founder, Neal Stephenson’s vision of the metaverse will challenge corporate greed and give more autonomy to creators. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.DAOs can help scientists find funding and community, says Nature science journal — Circle (@circle) October 10, 2023 How to Buy Cryptocurrency in Australia-Beginner's GuideBank of Canada Study Examines CBDC Role Lucky Star Currency is a project that focuses on NFTs and claims to be founded by astrologists. Its contracts include an Award Center and NFT Marketplace. It is marketed towards the Chinese crypto investment market. The team promotes the project on X (formerly Twitter) under the username @AstrAstrol75591. It also has a Telegram channel. As of October 9, the project’s website and user interface are offline.

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Source: Stoner Cats / TwitterThe company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of cryptoasset securities in the form of NFTs that raised approximately $8 million from investors to finance an animated web series called 'Stoner Cats'.Stoner Cats NFTs launched in 2021 ahead of the same-named series featuring sentient cats of one Ms. Stoner, created by actress Mila Kunis. As reported, Ethereum co-founder Vitalik Buterin was set to be a part of the project, as well as Jane Fonda, Seth McFarlane, Ashton Kutcher, and Chris Rock.However, per the US regulator's announcement,"Without admitting or denying the SEC’s findings, SC2 agreed to a cease-and-desist order and to pay a civil penalty of $1 million. [...] SC2 also agreed to destroy all NFTs in its possession or control and publish notice of the order on its website and social media channels."The project announced the order.Additionally, the order established a "Fair Fund" to return the money investors used to buy these NFTs. Prior to the series release, in July 2021, there was an NFT sale of 10,420 stoner cats for some $800 each, which sold out in 35 minutes.The SEC argued that the company's marketing team - before and after the public sale - promoted the benefits of owning the tokens, including the option to resell them on the secondary market. The SC2 team also emphasized its expertise as Hollywood producers, the participation of celebrities, and its own knowledge of crypto projects, thus leading investors to "expect profits" via a successful web series that could increase the NFTs' resale value.The order further stated that,"SC2 configured the Stoner Cats NFTs to provide SC2 a 2.5 percent royalty for each secondary market transaction in the NFTs and it encouraged individuals to buy and sell the NFTs, leading purchasers to spend more than $20 million in at least 10,000 transactions."Per Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, be it beavers, chinchillas, or any other animal-based NFT, "the economic reality of the offering" defines a security, "not the labels you put on it."Carolyn Welshhans, Associate Director of the SEC’s Home Office, was quoted as saying that Stoner Cats wanted the benefits of selling a security to the public, while ignoring the legal responsibilities that come with it.____Learn more:- Vitalik Buterin Makes Curious Cameo in Kutcher and Kunis’ ‘Krypto’ Video- Ashton Kutcher Invested in Bitcoin Despite Wife’s Advice- SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges- Ripple CEO Advises Crypto Startups to Avoid US, Suggests Jurisdictions with Smart PoliciesItalian Luxury Brand Panerai to Include NFT-Based "Digital Passport" with All Watches You might also like: Investors accuse Wintermute of facilitating Celsius wash trading Bitcoin price history Apr 2013-Jun 21, 2023Later in the thread, another veiled shot at critics. "It's especially galling because some competitors have internal trading desks that are an (open) secret, which specifically use confidential customer information to manipulate their own markets," Bankman-Fried wrote. Despite these claims, Axos began accepting Binance US-related deposits in January 2023.

— CryptoBusy (@CryptoBusy) October 10, 2023 Invesco and Galaxy Pursue Spot Ether ETF Application Cryptocurrencies and digital money in 2023 - DW ObservatoryNotably, “The Shib” is just one of the many initiatives by the Shiba Inu development team under construction. The Crypto Basic recently reported the Shiba Inu team is working collaboratively with the Bad Idea AI crew on a “secret” AI endeavor.BNB Sharing from Binance CEO CZ! Regardless of validity, the vilifying tweets encapsulate ongoing debates surrounding the massive power wielded by prominent crypto luminaries and institutions.

The SEC’s position that certain digital assets are investment contracts under the test is “well within the bounds of established law,” NASAA said. In the rapidly changing landscape of digital assets, Terra Luna Classic's LUNC has been catching the eyes of many cryptocurrency enthusiasts. While its current price hovers around the $0.00006 mark, its future potential remains a topic of significant debate and intrigue. With cryptocurrency markets known for their unpredictability, is a leap to $3 for LUNC over the next two years a realistic proposition? To answer that, we need to delve into its recent performance, technical indicators, and the overall market sentiment.Terra Luna Price As of October 8, the price of LUNC stands at a modest $0.00006, but what's truly noteworthy is its substantial 24-hour trading volume, which suggests heightened investor interest. Over the last day, LUNC has experienced a slight uptick of 0.10%. According to CoinMarketCap, LUNC's market capitalization is not yet comparable to major players like Bitcoin, but it has shown promising momentum.Terra Luna Price PredictionThe technical outlook on a 4-hour timeframe provides a deeper perspective on LUNC's potential trajectory. Currently, the pivot point is situated at $0.00006022. For traders and investors, key levels to watch include an immediate resistance at $0.00006215, with subsequent resistance points at $0.00006471 and $0.00006695. Should the token experience a downturn, it can expect support at $0.00005800, followed by deeper support levels at $0.00005586 and $0.00005421.Delving into technical indicators, the Relative Strength Index (RSI) for LUNC is at 42. Typically, an RSI below 50 indicates bearish sentiment. Another crucial indicator, the 50-day Exponential Moving Average (EMA), is currently at $0.00006022. The LUNC price's proximity to this EMA suggests a precarious position between a bullish and bearish trend.Terra Luna Price Chart - Soruce: TradingviewOne of the standout patterns observed in LUNC's chart is the symmetrical triangle formation. Such patterns often indicate a period of consolidation before a breakout. Interestingly, LUNC has also shown signs of a potential bearish break below the triple bottom pattern at $0.00005800. A confirmed breakout from the symmetrical triangle in the downward direction could lead to selling pressure, pushing the price towards the $0.00005421 mark.In conclusion, while LUNC is currently navigating a neutral to bearish terrain below $0.00006022, the dynamic world of cryptocurrencies means that anything is possible in the long run.Keep an eye on resistance and support levels. A breakthrough and maintenance above resistance levels could lead to more bullish momentum. Combine technical insights with market research before investing.New Altcoin Surges in Popularity: Here's What You Need to KnowEmerging altcoins might offer traders swifter and higher returns compared to LUNC, even though they remain well-placed. Fresh altcoins hold the promise of notably surpassing market expectations, especially if they haven't experienced their initial surge. This sentiment is especially relevant for tokens in presale, with TG.Casino (TGC) currently launching one of the most captivating new sales. They are introducing a decentralized casino platform integrated with the widespread Telegram messaging app's social reach.In the mere fortnight since its presale began, TG.Casino has accumulated nearly $635,000, signaling budding interest from investors. With a comprehensive assortment of games and betting choices, TG.Casino plans to utilize Telegram to engage with established investor and gamer communities.Having debuted just a few weeks prior, TG.Casino's integration with Telegram is anticipated to spur its userbase expansion rapidly.The TGC token, pivotal for engaging in games on TG.Casino, will not just be symbolic but will carry tangible utility. Its appeal is set to increase due to its staking capabilities.The token's maximum limit is set at 100 million. Out of this, 40 million is reserved for the presale, 20 million for staking incentives, and 10 million for gaming rewards, ensuring its widespread decentralization.To participate in TG.Casino's presale, investors can go to the official website and connect their software wallets. The wholesale price of 1 TGC is $0.125. However, the platform's strong fundamentals could lead to a potential increase in its price once it gets listed on exchanges.Visit TG.Casino NowDisclaimer: 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.Cardano Price Prediction as ADA Becomes Top 10 Coin in the World – Can ADA Reach $100? How to Buy USDT:The Complete GuideAccording to her profile, she joined Ripple in April 2021, merely five months after the US Securities and Exchange Commission (SEC) initiated legal proceedings against the company. She shared her plans to transition into the healthcare industry: From September 15, 2023 to October 8, 2023, the number of daily Ordinal inscriptions has dropped considerably.

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