Don't miss our next AMA tomorrow at 10:00 UTC

🔥 Our friends and partners Bearex will join our Telegram chat and reveal the interesting concepts about their project, as well as share some insider information.

🐻 Find out more about the development of Bearex and the exciting things to come, we'll also be giving away prizes for the best questions!

❗️ Venue: Chat — set your reminders! ⏰

😄 Are you ready for a new doze of weird crypto news? Here it is.

⚔️ Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month.

👣 The court heard evidence that the four used “dead drop” methods to trade drugs – with customers paying for their purchases beforehand. Dealers would then visit pre-agreed locations in public spaces to drop off bags of drugs.

The knowledge of candlesticks in cryptocurrency and how you can use them to navigate "Buyer and Seller Power" will help you understand the possible situation in the market and what this or that candle means.

There are candlesticks for bear and bull markets, each of them has its own 4 types of candles

🐻 A bear market has:
❌ Buyers in control
❌ Buyers rejecting sellers
❌ Buyers strong but no clear view
❌Buyers losing control, growing selling pressure

🐂 And for the bull market, there are:
✅ Sellers in control
✅ Buyers unable to reject sellers
✅ Sellers strong but no clear view
✅ Sellers coming in, rejecting higher prices

We hope the post was clear to you and you learned something new!

It’s Tuesday again, so let’s take part in a new crypto quiz! Today, you will find out 5 facts about crypto. However, one of them is false. Guess which one:

📈 There are only 1.3 million Bitcoin available to buy on cryptocurrency exchanges currently.

🇸🇻 Bitcoin became legal tender alongside the US Dollar in El Salvador in May 2021.

🐱 CryptoKitties is one of the first blockchain games.

💻 $14 Billion in crypto was stolen by scammers in 2021, compared to $7.8 Billion in 2020.

🎮 Some of the biggest gaining cryptocurrencies in 2021 were gaming and metaverse projects.

😎 Let’s reveal the secrets of how to earn with Cheelee. Let’s watch the video and find out the answers to these questions!

🔥New Partnership

Cheelee is pleased to announce a partnership with 8.Finance!

⚔️ Together, we will focus on building cross-marketing strategies, providing mutual support and increase blockchain adoption into the masses. For our users we will run events with rewards to get them more familiar with our projects.

8.Finance is an educational platform with a simple game to help everyone easily take their first steps in the Crypto World for free, without any risks, and in a joyful way. 🚀

We continue talking about crypto emojis and what they mean!

(Part 2)

🔥 Crypto “Burning”
This term is used in crypto to describe the process when someone takes a certain amount of tokens out of circulation to boost the value of the existing tokens already in circulation

🚀 To the Moon!
This phrase is often used to describe a cryptocurrency that is under a strong upward market trend. Another common use of the expression refers to a strong belief that a certain cryptocurrency is soon going to rise significantly in price.

⛏"Mining” Crypto
This is the way Bitcoin and other cryptocurrencies are generated and the transactions involving new coins are verified. This process involves massive, decentralized networks of computers all over the world that verify and safeguard blockchains, which are virtual ledgers that record crypto transactions.

Did you know that Cheelee is launching a staking program? It will give our users another easy way to earn!

💸 Just stake your CHEEL tokens and watch their number grow! Also, you will be able to receive additional tokens and bonuses available only to the token holders. We have three staking tiers which we will cover shortly.

🧐 What is staking and what opportunities does it provide?

🌶 This is a way to get passive income from cryptocurrency. You can hold your CHEEL tokens and get extra tokens. The main advantage is that you get much higher interest than from bank deposits!

It’s time to have a new crypto quiz today!

🌶 Let’s check how well you know Cheelee. We’ve prepared 4 facts about Cheelee and one of them is false. Guess which one!

1️⃣ There are 6 types of NFT glasses rarity: Starting, Simple, Rare, Unique, Epic and Legendary.
2️⃣ You get a box drop while watching the feed and it may contain NFT glasses.
3️⃣ When you create your Web3 in-app wallet, you will receive a case containing Starting NFT glasses.
4️⃣ You will be able to stake CHEEL tokens in the app.

Despite the latest news reports citing plunging crypto prices1, Brits have now spent £31.795 billion investing in the digital currency.

📈 The Cryptocurrency on the High Street Report by trusted savings site VoucherCodes.co.uk, analyses the UK’s attitudes and spending behaviors towards virtual currency, revealing Brits have spent on average £473 investing in their digital wallet.

💸 The data proves that the Brit cryptocurrency craze continues to grip the nation, as over one-third (34%) of the population now own a form of cryptocurrency.

Weekly Crypto News is back! What interesting happened this week?

🍎 Apple allows NFT sales on App Store

Apple now allows NFTs to be bought and sold through applications listed on App Store. However, there are two tricks.

⚖️ Binance launches Global Law Enforcement Training Program

The program is designed to help law enforcement detect financial and cyber crimes and assist in the prosecution of scammers.

💳 Mastercard issues cards with NFT avatars

In partnership with Mastercard, crypto, and fiat financial app hi is launching the world’s first debit card featuring NFT avatar customization.

📖 Vitalik Buterin releases ‘Proof of Stake’ book

The renowned developer of Ethereum has released a book titled: “Proof of Stake – The Making of Ethereum and the Philosophy of Blockchains.”

You've probably heard about the pervasive impact of BTC whales, but it turns out that in the cryptocurrency sea much greater species diversity and all inhabitants of the deep sea affect the health of the sector. It's time to find out who you are.

🦐 If you have less than 1 BTC, sorry, then Glassnode experts say you are at the very bottom of the food chain. You are a humble shrimp.
🦀 If you have between 1 and 10 bitcoins, you get claws and can be classified as a crab.
🐙 The status of an eight-legged octopus gives from 10 to 50 BTC, but if you have 50 to 100 coins, you can consider yourself a fish.
🐬 But to really move up the food chain, you need 100 to 500 bitcoins, and you are already a dolphin.
🦈 Things get serious when you get into the 500-1000 range. This is where you officially become a Bitcoin shark.
🐋 Above - only stars and whale status. But it turns out that even whales have a hierarchy. To truly reign supreme in the sea and consider yourself a humpback whale, you will need over 5,000 bitcoins.

🔥We have great news! Today is an AMA session with our partner 8.Finance. We will talk about the Cheelee project, find out about Watch&Earn concept, what developments the team is doing, and at what stage it is now, as well as interesting insiders!

📅 Time/Date: October 4, 13:00 UTC
📍 Venue: https://t.me/the8financechat_eng
📢 Speaker: Max, community lead at Cheelee
🎁 Prize: 1 pair of NFT glasses

🚀 It will be exciting and interesting! We are waiting for each of you. Prepare your questions, maybe you will be the lucky one to ask the best question.

Hurry up to ask your questions and get a reward!

⚡️ Dear community, we are pleased to announce that the first article about Cheelee is published — a press release in Cointelegraph.

💥 The platform has long been considered #1 to track the crypto markets and the latest blockchain news, so the release of our article here is a really important event!

You can read the press release and find out about the upcoming giveaway with NFT glasses here 👇

https://cointelegraph.com/press-releases/watchearn-project-cheelee-offers-a-free-nft-to-each-user

Another week comes to an end so let’s check the latest crypto news!

💻 BNB Chain hacked and $542 million stolen
On the night of October 6-7, the BNB Chain stopped working due to a hacker attack. The cybersecurity company SlowMist found out about the stolen amount. In total, more than 2 million BNB were stolen. The problem was in the Binance cross-chain bridge.


🇷🇺 The EU approved the eighth package of sanctions against Russia
Existing restrictions on the use of crypto assets by Russian citizens have been tightened by banning all wallets, accounts, or crypto asset storage services, regardless of the amount. Previously, the ceiling was designated up to 10,000 euros.


📈 Nasdaq says it will not launch a cryptocurrency exchange
The US Stock Exchange will remain in the role of custodian of cryptocurrencies until it sees regulatory clarity.

💥 How the use of cryptocurrency on social media platforms will change the economy?

💸 We tried to answer this question in our article specifically for Bitcoinist. This article discussed a new economy for the next generation, how to make money on social networks without creating content, and much more.

Click here to read 👉 https://bitcoinist.com/watchearn-how-the-use-of-cryptocurrency-on-social-media-platforms-will-change-the-economy/

Time to have a new crypto quiz !

🌶 Let’s check how well you know Cheelee. We’ve prepared some facts about the project and one of them is false. Guess which one!

😎 Attention is a renewable resource required to obtain tokens while viewing the feed with the NFT glasses: 1 Attention = 5 minutes of rewarded feed viewing.

💸 CHEEL tokens help to upgrade NFT glasses and are used for NFT glasses mint.

💰 The mechanics that allow you to make money while watching the feed with NFT glasses is called Watch2Earn.

📲 There are 5 upgrade types of NFT glasses: Diamond, 5G, Graphene, SD-card, and Kevlar.

Another week comes to an end so let’s check the latest crypto news!

💰 Bitcoin mining difficulty hits all-time high

Bitcoin miners have been dealt another blow as the network’s difficulty rose 14% to a new all-time high of 35.6 trillion hashes on Monday. It's now harder than ever to mine Bitcoin.

🇺🇸 U.S. government fines crypto exchange Bittrex $53 Million

The U.S. Treasury Department hit Bittrex xchange with fines of $53 million—the biggest fine on a crypto business to date. The reason is “apparent violations” of multiple U.S. sanctions programs.

🇮🇳 Indian police reports go on Blockchain

Polygon has added a new use case to its list: the submission of Indian police complaints on Blockchain. The platform is designed to combat corruption in local police departments.

🚀 Elon Musk Sells His "Burnt Hair" Perfume for crypto

Head of Tesla has launched his first perfume sale. Ten thousand bottles of "Burnt Hair" have been sold already. The cost is slightly over $104 per bottle, and it can be paid for with DOGE and SHIB.