What a day today โ July 28
1๏ธโฃ Today US GDP data for the second quarter is released.
2๏ธโฃ Reports to be published today:
โ AMAZON(23:00),
โ APPLE(21:30),
โ INTEL(23:15),
โ VISA(15:00),
โ GOOGLE.(14:00)
๐ฟTIME!
1๏ธโฃ Today US GDP data for the second quarter is released.
2๏ธโฃ Reports to be published today:
โ AMAZON(23:00),
โ APPLE(21:30),
โ INTEL(23:15),
โ VISA(15:00),
โ GOOGLE.(14:00)
๐ฟTIME!
Hawex
What a day today โ July 28 1๏ธโฃ Today US GDP data for the second quarter is released. 2๏ธโฃ Reports to be published today: โ AMAZON(23:00), โ APPLE(21:30), โ INTEL(23:15), โ VISA(15:00), โ GOOGLE.(14:00) ๐ฟTIME!
#ThrowbackThursday
We started today with a review of blue chips and their reports.
Let's make a brief overview on what's happening and think for a second whether we all have to care about it all :)
๐๐๐
Full text here.
Join our socials: Official TG Group | Twitter | Discord
We started today with a review of blue chips and their reports.
Let's make a brief overview on what's happening and think for a second whether we all have to care about it all :)
๐๐๐
Full text here.
Join our socials: Official TG Group | Twitter | Discord
โค4
Hawex
#ThrowbackThursday We started today with a review of blue chips and their reports. Let's make a brief overview on what's happening and think for a second whether we all have to care about it all :) ๐๐๐ Full text here. Join our socials: Official TG Groupโฆ
Following the blue chips, let's talk about BTC & ETH.
Some experts' comments here, too :)
Full text here.
Join our socials: Official TG Group | Twitter | Discord
Some experts' comments here, too :)
Full text here.
Join our socials: Official TG Group | Twitter | Discord
๐6
Monday #DIGEST
Let's GO!
1๏ธโฃ #BTC scores its best month of 2022. The world's largest cryptocurrency, has managed to log its best month of the year, adding roughly 27% in July. Even after its stellar July, Bitcoin is down a whopping 66% from its record high of $69,044, which means that it remains deep in bear market territory.
2 min read.
2๏ธโฃ TRON becomes the second-largest public chain by stablecoin market cap. TRONโs total transfer value has recently surpassed the $5 trillion mark, adding 105 million new accounts, and recording over 3.6 billion transactions on its blockchain, according to the data by TRONSCAN published on August 1st.
3 min read.
3๏ธโฃ Tiffany & Co. announces NFT-backed, limited edition CryptoPunk series. Company has joined the slew of luxury fashion houses attempting to establish a foothold in the web3 world and engage with a new generation of customers by presenting the 250 tokens that are part of a limited edition campaign.
3 min read.
4๏ธโฃ Top HK university to launch virtual campus in the metaverse. Who'd think students wearing VR headsets in lectures showing them data and information superimposed on real objects era would come from China where a ban on cryptocurrencies is still active?
2 min read.
5๏ธโฃ Cardano positions itself as the most developed chain. A Santiment chart providing research results based on tracking development activity on GitHub associated with different crypto projects in the industry shows (ADA) tops the list with a 402.05 development activity mark.
2nd place โ FLOW with a mark of 325.6.
3rd place โ DOT and KSM jointly with a mark of 306.21.
4th place โ ETH with a 286.17 mark.
4 min read.
Top-3:
๐ฅ BTC โ $23,109
๐ฅ ETH โ $1,655
๐ฅ BNB โ $284
Let's GO!
1๏ธโฃ #BTC scores its best month of 2022. The world's largest cryptocurrency, has managed to log its best month of the year, adding roughly 27% in July. Even after its stellar July, Bitcoin is down a whopping 66% from its record high of $69,044, which means that it remains deep in bear market territory.
2 min read.
2๏ธโฃ TRON becomes the second-largest public chain by stablecoin market cap. TRONโs total transfer value has recently surpassed the $5 trillion mark, adding 105 million new accounts, and recording over 3.6 billion transactions on its blockchain, according to the data by TRONSCAN published on August 1st.
3 min read.
3๏ธโฃ Tiffany & Co. announces NFT-backed, limited edition CryptoPunk series. Company has joined the slew of luxury fashion houses attempting to establish a foothold in the web3 world and engage with a new generation of customers by presenting the 250 tokens that are part of a limited edition campaign.
3 min read.
4๏ธโฃ Top HK university to launch virtual campus in the metaverse. Who'd think students wearing VR headsets in lectures showing them data and information superimposed on real objects era would come from China where a ban on cryptocurrencies is still active?
2 min read.
5๏ธโฃ Cardano positions itself as the most developed chain. A Santiment chart providing research results based on tracking development activity on GitHub associated with different crypto projects in the industry shows (ADA) tops the list with a 402.05 development activity mark.
2nd place โ FLOW with a mark of 325.6.
3rd place โ DOT and KSM jointly with a mark of 306.21.
4th place โ ETH with a 286.17 mark.
4 min read.
Top-3:
๐ฅ BTC โ $23,109
๐ฅ ETH โ $1,655
๐ฅ BNB โ $284
๐8๐ฅ1
#TOP5 โ
Did you know that you can buy, sell, or trade digital currencies while on the move?
All you need is one of the crypto exchange apps.
Let's focus on top-5 apps on the market as of summer 2022!
Whether you are just getting started or are an experienced investor, these are picks for the legit crypto apps ๐
Full text here ๐ช
Did you know that you can buy, sell, or trade digital currencies while on the move?
All you need is one of the crypto exchange apps.
Let's focus on top-5 apps on the market as of summer 2022!
Whether you are just getting started or are an experienced investor, these are picks for the legit crypto apps ๐
Full text here ๐ช
๐ฅ6
#WALLETS
#Top5
Storing your digital assets is an essential part of your crypto investment journey, and non-custodial wallets are becoming more prevalent as the field of decentralized finance continues to boom.
What are we talking about?
๐
Non-custodial wallets are digital wallets that enable users to take full ownership of their assets = wallet itself doesnโt have custody of your crypto.
๐ With that said, here are the top 5 best non-custodial cryptocurrency wallets as of summer 2022.
1๏ธโฃ
MetaMask is a veteran in the browser extensionsโ wallet field, and it was launched in 2016.
MetaMask takes absolutely no ownership or custody of your seed phrase and private keys, providing you with complete sovereignty over your assets.
2๏ธโฃ
Coinbase Wallet was created by the leading US-based cryptocurrency exchange Coinbase and is quickly growing. Comes with a fully-developed mobile application that is very convenient & quick
3๏ธโฃ
Trust Wallet is an open-source and decentralized crypto wallet application that offers users a wide range of options to buy, sell, and store digital assets. Btw, In July 2018, Trust Wallet was purchased by the leading cryptocurrency exchange, Binance.
4๏ธโฃ
MEW ๐บ MyEtherWallet โ a free, client-side interface app. Much like a lot of the other wallets on our list, MEW also supports additional Ethereum-compatible networks. These include Ethereum Classic (ETC), the BNB Chain, Polygon, and so forth.
5๏ธโฃ
Exodus is a multi-currency, non-custodial wallet that is designed to run on Windows, Linux, Mac, as well as Android, and iOS devices. The wallet is primarily focused on users who have never interacted with crypto before, hence it offers a slick, easy-to-learn interface.
Bonus section:
HAWEX ๐ญ: Unless you're making daily crypto trades or have only a modest amount of money invested in crypto, we recommend you don't store your crypto in a custodial wallet. Best practices for holding crypto include purchasing a hardware wallet for offline storage.
#Top5
Storing your digital assets is an essential part of your crypto investment journey, and non-custodial wallets are becoming more prevalent as the field of decentralized finance continues to boom.
What are we talking about?
๐
Non-custodial wallets are digital wallets that enable users to take full ownership of their assets = wallet itself doesnโt have custody of your crypto.
๐ With that said, here are the top 5 best non-custodial cryptocurrency wallets as of summer 2022.
1๏ธโฃ
MetaMask is a veteran in the browser extensionsโ wallet field, and it was launched in 2016.
MetaMask takes absolutely no ownership or custody of your seed phrase and private keys, providing you with complete sovereignty over your assets.
2๏ธโฃ
Coinbase Wallet was created by the leading US-based cryptocurrency exchange Coinbase and is quickly growing. Comes with a fully-developed mobile application that is very convenient & quick
3๏ธโฃ
Trust Wallet is an open-source and decentralized crypto wallet application that offers users a wide range of options to buy, sell, and store digital assets. Btw, In July 2018, Trust Wallet was purchased by the leading cryptocurrency exchange, Binance.
4๏ธโฃ
MEW ๐บ MyEtherWallet โ a free, client-side interface app. Much like a lot of the other wallets on our list, MEW also supports additional Ethereum-compatible networks. These include Ethereum Classic (ETC), the BNB Chain, Polygon, and so forth.
5๏ธโฃ
Exodus is a multi-currency, non-custodial wallet that is designed to run on Windows, Linux, Mac, as well as Android, and iOS devices. The wallet is primarily focused on users who have never interacted with crypto before, hence it offers a slick, easy-to-learn interface.
Bonus section:
HAWEX ๐ญ: Unless you're making daily crypto trades or have only a modest amount of money invested in crypto, we recommend you don't store your crypto in a custodial wallet. Best practices for holding crypto include purchasing a hardware wallet for offline storage.
๐4
๐ฅ New Week โ New #Contest from HAWEX called "Seed phrase"
Easy rules:
1๏ธโฃ Check Chat for seed words. Example: "banana"
2๏ธโฃ Collect 30 words in the right order within a week.
3๏ธโฃ Submit seed phrase to George before next Friday โ August 19.
๐ฅFirst member to send correct phrase gets 50$
LET'S GO! ๐ฅ
Easy rules:
1๏ธโฃ Check Chat for seed words. Example: "banana"
2๏ธโฃ Collect 30 words in the right order within a week.
3๏ธโฃ Submit seed phrase to George before next Friday โ August 19.
๐ฅFirst member to send correct phrase gets 50$
LET'S GO! ๐ฅ
๐10๐ฅ5โค1
๐ฅ Reputation Update ๐ฅ
At HAWEX we really love engaged users & active community ๐ช
To support this we announce that you can help us in the chat and earn prizes for that:
1๏ธโฃ Ask questions, send memes and help each other to increase your reputation โ +1 per action
2๏ธโฃ First users to get a reputation of 25 take part in a secret giveaway of 25$! ๐
3๏ธโฃ A single user to get a reputation of 50 first โ gets 50$.
Let's make HAWEX great again!
p.s. no spam, only original & helpful content.
At HAWEX we really love engaged users & active community ๐ช
To support this we announce that you can help us in the chat and earn prizes for that:
1๏ธโฃ Ask questions, send memes and help each other to increase your reputation โ +1 per action
2๏ธโฃ First users to get a reputation of 25 take part in a secret giveaway of 25$! ๐
3๏ธโฃ A single user to get a reputation of 50 first โ gets 50$.
Let's make HAWEX great again!
p.s. no spam, only original & helpful content.
๐ฅ5๐1
Our #hawex_members just nailed it in the chat with a correct answer โ what's the most crypto-obsessed country in the world.
For those who missed, let's dive in with some extra details ๐
In this line, Google Trend search statistics indicate that Nigeria ranks top as the most crypto-obsessed country since the market crash began in April with an overall score of 371, according to data retrieved by CoinGecko on August 3.
๐ The score is based on a total search score of a combination of specific keywords, including:
โ โcryptocurrencyโ,
โ โinvest in cryptoโ,
โ โbuy cryptoโ,
โ โBitcoin (BTC)โ,
โ โEthereum (ETH)โ,
โ โSolana (SOL)โ.
๐ Btw, The UAE ranked a distant second with a score of 271, followed by Singapore at 261, with Australia fourth at 218. The UK ranked fifth overall with a score of 198.
For those who missed, let's dive in with some extra details ๐
In this line, Google Trend search statistics indicate that Nigeria ranks top as the most crypto-obsessed country since the market crash began in April with an overall score of 371, according to data retrieved by CoinGecko on August 3.
๐ The score is based on a total search score of a combination of specific keywords, including:
โ โcryptocurrencyโ,
โ โinvest in cryptoโ,
โ โbuy cryptoโ,
โ โBitcoin (BTC)โ,
โ โEthereum (ETH)โ,
โ โSolana (SOL)โ.
๐ Btw, The UAE ranked a distant second with a score of 271, followed by Singapore at 261, with Australia fourth at 218. The UK ranked fifth overall with a score of 198.
๐7
FRIDAY #DIGEST
1๏ธโฃ Binance Boss Talks Crypto Adoption And Regulation With President of Central African Republic.
Following CARโs adoption of Bitcoin as a legal tender, its president has increasingly focused his efforts on pushing for crypto adoption after the country emerged as the first in Africa and the second globally to adopt Bitcoin after El Salvador.
HAWEX ๐ญ: It's huge step for all crypto lovers in the world. Government being positive on crypto = help to build a better future for its countrymen.
3 min read.
2๏ธโฃ Cardano (ADA) with 70.6% of Market Cap Staked is only third coin by staking by market capitalization.
HAWEX ๐ญ: Guess what, Ethereum (#ETH) takes first place with $21.3 billion out of the entire capitalization staked and Second place went to Solana (SOL), with 75.5% of capitalization, or $15.5 billion deposited in staking pools.
4 min read.
3๏ธโฃ #ETH network recorded its lowest average transaction fees of $3, the lowest level since December 2020.
HAWEX ๐ญ: Btw, the transaction fees had peaked in May 2022 to almost $200, correlating with the Bored Ape Yacht Club land sale. What's more โ low fees are likely to drive the adoption of the network in sector like decentralized finance (DeFi) and non-fungible tokens (NFT)
3 min read.
4๏ธโฃ Skybridge Estimates Bitcoin's Fair Market Value at $40K and Ethereum's at $2,800.
HAWEX ๐ญ: No matter what's the real "FAIR VALUE" โ buy quality and be unlevered. Always do your own research ๐
5๏ธโฃ Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business Barca Studios.
HAWEX ๐ญ: The soccer club has been captivated by the metaverse and new technologies like NFTs since earlier this year and now Barca will now have access to service called Chilliz Chain, a new blockchain that will allow developers to issue NFTs and fan tokens, and build defi products and play2earn games.
3 min read.
Top-3:
๐ฅ BTC โ $23,228
๐ฅ ETH โ $1,699
๐ฅ BNB โ $317
1๏ธโฃ Binance Boss Talks Crypto Adoption And Regulation With President of Central African Republic.
Following CARโs adoption of Bitcoin as a legal tender, its president has increasingly focused his efforts on pushing for crypto adoption after the country emerged as the first in Africa and the second globally to adopt Bitcoin after El Salvador.
HAWEX ๐ญ: It's huge step for all crypto lovers in the world. Government being positive on crypto = help to build a better future for its countrymen.
3 min read.
2๏ธโฃ Cardano (ADA) with 70.6% of Market Cap Staked is only third coin by staking by market capitalization.
HAWEX ๐ญ: Guess what, Ethereum (#ETH) takes first place with $21.3 billion out of the entire capitalization staked and Second place went to Solana (SOL), with 75.5% of capitalization, or $15.5 billion deposited in staking pools.
4 min read.
3๏ธโฃ #ETH network recorded its lowest average transaction fees of $3, the lowest level since December 2020.
HAWEX ๐ญ: Btw, the transaction fees had peaked in May 2022 to almost $200, correlating with the Bored Ape Yacht Club land sale. What's more โ low fees are likely to drive the adoption of the network in sector like decentralized finance (DeFi) and non-fungible tokens (NFT)
3 min read.
4๏ธโฃ Skybridge Estimates Bitcoin's Fair Market Value at $40K and Ethereum's at $2,800.
HAWEX ๐ญ: No matter what's the real "FAIR VALUE" โ buy quality and be unlevered. Always do your own research ๐
5๏ธโฃ Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business Barca Studios.
HAWEX ๐ญ: The soccer club has been captivated by the metaverse and new technologies like NFTs since earlier this year and now Barca will now have access to service called Chilliz Chain, a new blockchain that will allow developers to issue NFTs and fan tokens, and build defi products and play2earn games.
3 min read.
Top-3:
๐ฅ BTC โ $23,228
๐ฅ ETH โ $1,699
๐ฅ BNB โ $317
๐7๐ฅ4
MONDAY #DIGEST
1๏ธโฃ Since we have a strong ๐ฎ๐ณ #hawex_members community here, the first one is for you:
"We Could Disable Wazirx Wallets" โ said Binance CEO.
The dispute between Binance and Wazirx started when Indiaโs Directorate of Enforcement (ED) froze the bank assets of Wazirx as part of its money laundering investigation.
3 min read.
2๏ธโฃ JUST IN:
Bitcoin, Ethereum TA: ETH Hits 2-Month High Above $1,800.
Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week.
2 min read.
3๏ธโฃ Another week โ another scam. Always #DYOR!
Dragoma, a Polygon-based project, ends up being a rug pull scam. The native DMA token has plunged 99.8% to virtually zero shortly after reaching a new all-time high of $1.81 on Aug. 8.
The developers have deleted the social media channels and Dragomaโs website is also down at the time of writing.
2 min read.
4๏ธโฃ Just as HAWEX "Guess the price" contest about #ETH, three exchanges are letting traders bet on tokens for anticipated Ethereum fork. Funny, but gambling and crypto have never been so close!
2 min read.
5๏ธโฃ American luxury jewelry retailer Tiffany & Co. announced that the companyโs non-fungible token (NFT) mint called โNftiffโ sold out. Each NFT, otherwise known as Nftiff, sold for 30 ether or just over $50K per NFT on Friday. The combined value of the sale netted more than $12.5 million for the luxury jewelry retailer.
3 min read.
Top-3:
๐ฅ BTC โ $24,114
๐ฅ ETH โ $1,800
๐ฅ BNB โ $328
1๏ธโฃ Since we have a strong ๐ฎ๐ณ #hawex_members community here, the first one is for you:
"We Could Disable Wazirx Wallets" โ said Binance CEO.
The dispute between Binance and Wazirx started when Indiaโs Directorate of Enforcement (ED) froze the bank assets of Wazirx as part of its money laundering investigation.
3 min read.
2๏ธโฃ JUST IN:
Bitcoin, Ethereum TA: ETH Hits 2-Month High Above $1,800.
Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week.
2 min read.
3๏ธโฃ Another week โ another scam. Always #DYOR!
Dragoma, a Polygon-based project, ends up being a rug pull scam. The native DMA token has plunged 99.8% to virtually zero shortly after reaching a new all-time high of $1.81 on Aug. 8.
The developers have deleted the social media channels and Dragomaโs website is also down at the time of writing.
2 min read.
4๏ธโฃ Just as HAWEX "Guess the price" contest about #ETH, three exchanges are letting traders bet on tokens for anticipated Ethereum fork. Funny, but gambling and crypto have never been so close!
2 min read.
5๏ธโฃ American luxury jewelry retailer Tiffany & Co. announced that the companyโs non-fungible token (NFT) mint called โNftiffโ sold out. Each NFT, otherwise known as Nftiff, sold for 30 ether or just over $50K per NFT on Friday. The combined value of the sale netted more than $12.5 million for the luxury jewelry retailer.
3 min read.
Top-3:
๐ฅ BTC โ $24,114
๐ฅ ETH โ $1,800
๐ฅ BNB โ $328
๐4๐ฅ2
New Week โ New Memes!
#hawex_members โ we really need your memes! ๐
DM our mate โ George โ for more details.
#hawex_members โ we really need your memes! ๐
DM our mate โ George โ for more details.
๐10โค2๐ฅ1
๐ฅ Let's welcome #Contest from HAWEX called "Seed phrase Part 2"
Easy rules:
1๏ธโฃ Check Chat for seed words. Example: "satoshi"
2๏ธโฃ Collect 10 words in the right order within Tuesday & Wednesday.
3๏ธโฃ Post the whole seed phrase of 10 words here in the chat.
๐ฅFirst member to send correct phrase gets 10$
p.s. all seed words from now on count for both seed phrase contests.
LET'S GO! ๐ฅ
Easy rules:
1๏ธโฃ Check Chat for seed words. Example: "satoshi"
2๏ธโฃ Collect 10 words in the right order within Tuesday & Wednesday.
3๏ธโฃ Post the whole seed phrase of 10 words here in the chat.
๐ฅFirst member to send correct phrase gets 10$
p.s. all seed words from now on count for both seed phrase contests.
LET'S GO! ๐ฅ
๐6โค3
Hawex
๐ฅ Let's welcome #Contest from HAWEX called "Seed phrase Part 2" Easy rules: 1๏ธโฃ Check Chat for seed words. Example: "satoshi" 2๏ธโฃ Collect 10 words in the right order within Tuesday & Wednesday. 3๏ธโฃ Post the whole seed phrase of 10 words here in the chat.โฆ
Let's talk about #cryptowinter & how to stay mentally stable during this bear market.
First, experts say the following:
"Since you rolled out of bed, how many times have you checked the price of bitcoin?
How often have you checked your portfolio? If the answer is greater than zero, you might be doing it wrong"
But what can you do aside from analysis to stay on top of your portfolio and be productive in the bear market?
Read this ๐
https://telegra.ph/cryptowinter--how-to-stay-mentally-stable-during-this-bear-market-08-09
Tell us what makes #YOU productive in the comments ๐ช๐ช๐ช
First, experts say the following:
"Since you rolled out of bed, how many times have you checked the price of bitcoin?
How often have you checked your portfolio? If the answer is greater than zero, you might be doing it wrong"
But what can you do aside from analysis to stay on top of your portfolio and be productive in the bear market?
Read this ๐
https://telegra.ph/cryptowinter--how-to-stay-mentally-stable-during-this-bear-market-08-09
Tell us what makes #YOU productive in the comments ๐ช๐ช๐ช
๐6โค2
#STAKING
Alright, so perhaps, you know about staking and you wish to boost your portfolio value.
That's a great start, yet what to do and how?
๐
That's the real question...your safest bet in terms of security would be centralized exchange..just like binance, crypto dot com and coinbase.
The exchange will stake the tokens on the users' behalf and ask for a commission in exchange for the staking services.
For example, Binance, the biggest crypto exchange, allows users to stake their tokens for a locked period or in a liquid way, depending on their preference and yield appetite.
What if I like high-risk โ high-reward thing?
You better check the highest yield % on the market, for example, here โ criffy dot com.
In seconds you can choose desired platform, currency and lock period. Just as everywhere else โ criffy is a content aggregator, so cannot substitute for pro advice and independent verification. It is crucial to do your own research before making any investment, 100% ๐
NOTE! While chasing high interest rates, yields โ you got to keep in mind that, in general as a rule, the higher the percentage for staking or farming, the faster the inflation of the coin happens AND, in short, super-high or guaranteed interest is the first sign of a pyramid or ponzi scheme. Don't run for 30% APY when there are 0 reviews of a platform you found somewhere in the internet!
NOTE #2 called "Risks of Staking"
๐
Despite the benefits of crypto staking for earning passive income, there are several risks to be aware of.
HAWEX says these are the major ones :
1๏ธโฃ Crypto prices are relatively volatile, which means they can depreciate quickly. In the event that your assets drop by a sizable amount, you may not earn enough interest to outweigh your losses.
2๏ธโฃ While itโs possible to โunstakeโ your crypto earnings, doing so can take at least seven days for certain platforms.
3๏ธโฃ If you want to use some of the top staking coins, itโs important to understand that these coins will remain locked for some period of time.
p.s. DYOR!
Alright, so perhaps, you know about staking and you wish to boost your portfolio value.
That's a great start, yet what to do and how?
๐
That's the real question...your safest bet in terms of security would be centralized exchange..just like binance, crypto dot com and coinbase.
The exchange will stake the tokens on the users' behalf and ask for a commission in exchange for the staking services.
For example, Binance, the biggest crypto exchange, allows users to stake their tokens for a locked period or in a liquid way, depending on their preference and yield appetite.
What if I like high-risk โ high-reward thing?
You better check the highest yield % on the market, for example, here โ criffy dot com.
In seconds you can choose desired platform, currency and lock period. Just as everywhere else โ criffy is a content aggregator, so cannot substitute for pro advice and independent verification. It is crucial to do your own research before making any investment, 100% ๐
NOTE! While chasing high interest rates, yields โ you got to keep in mind that, in general as a rule, the higher the percentage for staking or farming, the faster the inflation of the coin happens AND, in short, super-high or guaranteed interest is the first sign of a pyramid or ponzi scheme. Don't run for 30% APY when there are 0 reviews of a platform you found somewhere in the internet!
NOTE #2 called "Risks of Staking"
๐
Despite the benefits of crypto staking for earning passive income, there are several risks to be aware of.
HAWEX says these are the major ones :
1๏ธโฃ Crypto prices are relatively volatile, which means they can depreciate quickly. In the event that your assets drop by a sizable amount, you may not earn enough interest to outweigh your losses.
2๏ธโฃ While itโs possible to โunstakeโ your crypto earnings, doing so can take at least seven days for certain platforms.
3๏ธโฃ If you want to use some of the top staking coins, itโs important to understand that these coins will remain locked for some period of time.
p.s. DYOR!
โค11
#ThrowbackThursday
News you might miss, yet #HAWEX reminds you:
1๏ธโฃ dYdX confirms blocking user accounts tied to Tornado Cash.
Derivatives protocol dYdX confirmed on Thursday morning that it blocked user accounts that previously interacted with Tornado Cash, in line with new US sanctions.
2 min read.
Followed by ๐
2๏ธโฃ Tornado Cash hit by 79% decline in deposits as users rush for the exit.
Tornado Cash saw a massive decline in deposits and an increase in withdrawals after it was sanctioned by the US Treasury. Since the sanctions came down, just $6 million has been deposited into the protocol, according to data from Research. This represents a 78.5% decline compared to the same length of time during the previous week.
3๏ธโฃ Any #ETH lovers? Okay
Ethereum core developers suggest tentative dates for The Merge:
The discussions suggest the Bellatrix upgrade will target September 6 while the Paris upgrade will aim for September 15.
2 min read.
Followed by ๐
4๏ธโฃ Ethereum Price Soars as โMergeโ Upgrade Comes Even Closer.
The price of Ethereum ($ETH) has spiked by more than 14% over the course of 24 hours, according to CoinMarketCap data. Goerli recently became the third Ethereum testnet to transition to the proof-of-stake algorithm. This was the final dry run before the much-anticipated merge upgrade that is expected to take place in September.
3 min read.
News you might miss, yet #HAWEX reminds you:
1๏ธโฃ dYdX confirms blocking user accounts tied to Tornado Cash.
Derivatives protocol dYdX confirmed on Thursday morning that it blocked user accounts that previously interacted with Tornado Cash, in line with new US sanctions.
2 min read.
Followed by ๐
2๏ธโฃ Tornado Cash hit by 79% decline in deposits as users rush for the exit.
Tornado Cash saw a massive decline in deposits and an increase in withdrawals after it was sanctioned by the US Treasury. Since the sanctions came down, just $6 million has been deposited into the protocol, according to data from Research. This represents a 78.5% decline compared to the same length of time during the previous week.
3๏ธโฃ Any #ETH lovers? Okay
Ethereum core developers suggest tentative dates for The Merge:
The discussions suggest the Bellatrix upgrade will target September 6 while the Paris upgrade will aim for September 15.
2 min read.
Followed by ๐
4๏ธโฃ Ethereum Price Soars as โMergeโ Upgrade Comes Even Closer.
The price of Ethereum ($ETH) has spiked by more than 14% over the course of 24 hours, according to CoinMarketCap data. Goerli recently became the third Ethereum testnet to transition to the proof-of-stake algorithm. This was the final dry run before the much-anticipated merge upgrade that is expected to take place in September.
3 min read.
๐6
Monday #DIGEST !
1๏ธโฃ โThe smartest thing you could do is sell all of your $10 trillion in gold and invest in Bitcoin. Gold is a dead rock. Itโs the worst-performing asset, no debate.โ โ Saylor, CEO of MicroStrategy during an interview with Stansberry Research on Saturday.
HAWEX ๐ญ: Not today, Saylor! ๐
The market capitalization of #BTC is frequently compared to that of gold. As of this writing, Bitcoin has a market cap of $460 billion, a far cry from the yellow metalโs total value of $12.3 trillion as of March 2 of this year.
Also, MicroStrategy lost $919 million, $917 million of which is digital currency investments ๐
2๏ธโฃ Identifying whatโs really in store for Bitcoin miners right now:
a) minersโ overall revenue seemed to increase compared to June
b) decline in stress levels
a) + b) = this suggests that whilst stress remains in the industry, the worst may well be behind us.
3 min read.
3๏ธโฃ Top #Gainers of Week Ending Aug 15:
Celsius (CEL) +181%
Ankr (ANKR) +40%
Nexo (NEXO) +34%
Shiba Inu (SHIB) +21.72%
Huobi (HT) +21%
Guess what: The native token of bankrupt crypto lender Celsius Network was the biggest gainer last week, gaining 181% over seven days. The rally was largely fuelled by a retail-driven short squeeze, with following "#CELShortSqueeze" hashtag on Twitter.
2 min read.
4๏ธโฃ Gamers? ๐
Blockchain gaming titan partners with chess Grandmasters to build a chess-inspired game.
The new partnership will attract gamers who play chess to blockchain gaming, and vice versa, while the Play Magnus Group will send out invitations to the worldโs best chess players, asking them to support and advise on the deployment of chess engines.
3 min read.
5๏ธโฃ Bitcoin Will Have to be A Part of Any Portfolio: Ex-President of NYSE, he adds:
"Bitcoin is trusted, itโs largely censorship-resistant. There will only and ever be 21 million Bitcoin."
HAWEX ๐ญ: DYOR and check the sources your read.
Btw, the full interview of ex-President of NYSE.
5 min read.
Top-3:
๐ฅ BTC โ $24,095
๐ฅ ETH โ $1,896
๐ฅ BNB โ $316
1๏ธโฃ โThe smartest thing you could do is sell all of your $10 trillion in gold and invest in Bitcoin. Gold is a dead rock. Itโs the worst-performing asset, no debate.โ โ Saylor, CEO of MicroStrategy during an interview with Stansberry Research on Saturday.
HAWEX ๐ญ: Not today, Saylor! ๐
The market capitalization of #BTC is frequently compared to that of gold. As of this writing, Bitcoin has a market cap of $460 billion, a far cry from the yellow metalโs total value of $12.3 trillion as of March 2 of this year.
Also, MicroStrategy lost $919 million, $917 million of which is digital currency investments ๐
2๏ธโฃ Identifying whatโs really in store for Bitcoin miners right now:
a) minersโ overall revenue seemed to increase compared to June
b) decline in stress levels
a) + b) = this suggests that whilst stress remains in the industry, the worst may well be behind us.
3 min read.
3๏ธโฃ Top #Gainers of Week Ending Aug 15:
Celsius (CEL) +181%
Ankr (ANKR) +40%
Nexo (NEXO) +34%
Shiba Inu (SHIB) +21.72%
Huobi (HT) +21%
Guess what: The native token of bankrupt crypto lender Celsius Network was the biggest gainer last week, gaining 181% over seven days. The rally was largely fuelled by a retail-driven short squeeze, with following "#CELShortSqueeze" hashtag on Twitter.
2 min read.
4๏ธโฃ Gamers? ๐
Blockchain gaming titan partners with chess Grandmasters to build a chess-inspired game.
The new partnership will attract gamers who play chess to blockchain gaming, and vice versa, while the Play Magnus Group will send out invitations to the worldโs best chess players, asking them to support and advise on the deployment of chess engines.
3 min read.
5๏ธโฃ Bitcoin Will Have to be A Part of Any Portfolio: Ex-President of NYSE, he adds:
"Bitcoin is trusted, itโs largely censorship-resistant. There will only and ever be 21 million Bitcoin."
HAWEX ๐ญ: DYOR and check the sources your read.
Btw, the full interview of ex-President of NYSE.
5 min read.
Top-3:
๐ฅ BTC โ $24,095
๐ฅ ETH โ $1,896
๐ฅ BNB โ $316
๐26โค3๐ฅ2
MARK THE DATE โ August 19 โ HAWEX #AMA!
AMA will take place in the HAWEX official Telegram group at 15:00 UTC.
๐Ilya, CCO & Vlad, Commercial Director.
๐ Write down your own questions to speakers in the comment section to this post.๐
All answered questions get 2 USDT๐ฐ
FCFS.
All are welcomed! ๐
#AskMeAnything #HAWEX
AMA will take place in the HAWEX official Telegram group at 15:00 UTC.
๐Ilya, CCO & Vlad, Commercial Director.
๐ Write down your own questions to speakers in the comment section to this post.๐
All answered questions get 2 USDT๐ฐ
FCFS.
All are welcomed! ๐
#AskMeAnything #HAWEX
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