Summaries of the latest news from the world of cryptocurrency

🕰 Investors are Waiting
Despite a significant decrease in capitalization on the crypto market (-70% compared to the historical maximum), the capitalization of stablecoins dipped by only 11%, respectively, the majority of investors continue to hold cryptocurrency, and those who left are simply waiting for the right moment to enter.

📉 Another Fall
The price of Bitcoin is declining following the shares of the technology sector. BTC fell below $20K amid a correction in the US stock market and is now trading near the $19.1K mark.
https://nominex.io/markets/BTC/USDT

✊ More Hodlers
The number of BTC wallets from which funds have not been withdrawn for more than 10 years reached another historical maximum of ~2.5 million BTC on June 28, 2022. From this we can conclude that more and more users prefer to store their digital assets.

🌐 Virtual Life is More Expensive Than Real
From September 2019 to March 2022, virtual real estate prices in the metaverse increased by 879% and outperformed real estate prices, which increased in value by only 39%.

🇷🇺 Will Mining Become Legal in Russia?
The Bank of Russia approved the legalization of mining under certain conditions. The regulator noted that the cryptocurrency received by miners as revenue should be sold outside of Russia.

🌠 LUNC is a meme?
In four days, people invested $530 million in the Terra Classic token, and the number of LUNC holders grew by more than 500%. Some crypto experts believe that LUNC could become another meme currency and rise in value in a short time.
https://nominex.io/markets/LUNC/BUSD
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Nominex Ecosystem Links

Passive income today. Which is better: risks or a small guaranteed percentage of return?

Someone chooses the opportunity to earn here and now, while someone relies on the long term.

In many ways, the trader's psychology plays a role here (after all, one way or another, all cryptocurrency operations are related to trading/exchange).

Fixed Salary

If you prefer not to worry about your savings, not to worry about price fluctuations, and you would like to find a safe crypto haven and put your savings at a small percentage, then stablecoins are your choice. It is a stable currency pegged to the US dollar and does not deviate from its rate.

There are 2 stable pools on the Nomiswap exchange.
🟦 USDT-USDC (7% APR): https://bit.ly/3qMM4wN
🟧 BUSD-USDT (6.7% APR): https://bit.ly/33czbTM

Increased Earnings

Or are you interested in earning more money? Then you should look for pools using the APR filter and deposit funds in trending pairs.

It is worth noting that on Nomiswap, the TOP-4 pools by percentage of profitability are pools, one of the assets in which is a stablecoin, for the volatility (price fluctuations) of which you don’t have to worry. But nevertheless, there are still more risks here than in completely stable pools.

🏃‍♂️GST-USDC (150.8% APR): https://bit.ly/3AmDQki
💎 NMX-USDC (100.4% APR): https://bit.ly/3ubrcAX

Less Cost

Some kind of golden mean can be called pools consisting of 2 TOP assets. Since their price often follows bitcoin and the risks of Impermanent Loss (potential losses due to price differences) are less.

🟡 ETH-BNB (20.1% APR): https://bit.ly/3nkX9mQ
🟢 ETH-BTCB (17.6% APR): https://bit.ly/3xRHcZE

To put your funds into farming you just need to buy equally both assets from the pool and deposit them. Do not forget to regularly reinvest income so that accruals also occur from it.

❓Which income option is more suitable for you: more stable or with increased profitability?

Remember that in the cryptocurrency world there are risks anyway, make any decisions carefully

🔢 Nomiswap Statistics On Key Indicators

There is a very attractive APR in many pools now. You will not find such numbers in popular pairs on other TOP exchanges 😉

🔝 Also, Nomiswap is currently in 34th place among all DEXs on CoinMarketCap and in 4th place in TVL on DefiLlama.

👍 Farming is more profitable: Nomiswap.io

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🎯 Only one day left until the end of the contest!
You have one more week to participate!

10 random users will equally share $200 in NMX tokens.

Tasks are simple, just a couple of clicks
🏆 To claim your prize:

🔹 Join telegram groups Nominex and Nomiswap;
🔹 Subscribe to Nominex and Nomiswap twitters;
🔹 Retweet.

And also in the competition there are additional tasks that will give you more points, which means more chances to win:

• Tag 2 friends in the tweet comments: https://twitter.com/Nomiswap/status/1540374016950771713
• Subscribe to telegram chats;
• Share the contest with your friends.

To participate use the link below
(This is the only way tasks will be counted) ⤵️
https://gleam.io/eBa80/nominex-twitter-contest-hit-the-top-ten

Competition deadline: July 2

Have you already taken part? 😉

Forward the message to your friends so they have a chance too!

Nomiswap statistics on key indicators

How to earn additional passive income on cryptocurrency? There are many cumulative bonuses on the Nomiswap exchange. Why miss them?

There is a very attractive APR in many pools now. You will not find such numbers in popular pairs on other TOP exchanges 😉

❗️We also hasten to inform you that the new USDC-NMX pool now has a holder bonus.

The holder bonus is a reward for continuous farming. The longer you do not withdraw funds from the pool, the greater the percentage of additional income you receive.

📖 More about holder bonus:
https://nomiswap.gitbook.io/home/core-products/holder-bonus

👍 Farming is more profitable: Nomiswap.io/farms

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💬 CEO of Nominex on the current market situation

On June 30, there was a stream with CEO Nominex on Russian. Pavel Shkitin talked about the current vision of the market and how what is happening in the crypto world affects Nominex specifically. Then the CEO shared his plans and explained that the team has the resources and strategies for further presence in the market, and the project is going to develop powerfully, bringing more and more benefits to people.

We have made a detailed text transcript of the meeting in other languages, and now everyone can read it.

You will learn about boosting pools, simple 1-click farming on Nomiswap, tokens burning and much more.

📄 Article following the stream:
https://support.nominex.io/en-us/article/215-ama-with-pavel-shkitin-ceo-at-nominex-and-nomiswap-30-06-2022

Another contest has come to an end!
We are happy to announce the list of the top ten winners!

1742 people took part in the competition.

🏆 The system randomly selected 10 people from the complete list of completed tasks. The more tasks were completed, the more "lottery tickets" the person had.

🌐 The geography of participants is very extensive, the TOP-10 includes winners from: Russia, Turkey, Romania, Ukraine, Estonia.

We will tweet the winners to translate the award.

Thank you all for participating, stay tuned for more contests!

Do you like these kinds of activities? What types of competitions do you like the most?

🏅 Landing page with the winners:
https://gleam.io/eBa80/nominex-twitter-contest-hit-the-top-ten

News Digest From the World of Cryptocurrency For the Last Week

⏫ In the spring of 2022, the demand for hardware crypto wallets in Russia increased 8 times compared to the 4th quarter of last year.

🤩 On June 23, 2022, the first wedding of a Russian-speaking couple in the metaverse took place.

🔀 Bitcoin is trading below $20K again. Ethereum is up 9%.

🤖 Intel is going to supply ASIC chips for BTC mining.

🏃Analytical companies say that “market tourists” are leaving the bitcoin market, and mainly long-term investors remain.

🌐 In the field of metaverses, vacancies will be in demand: designer, strategic manager, gadget developer, device engineer, software developer for metaverse devices.

✊ The Monetary Authority of Singapore plans to regulate the cryptocurrency industry more tightly.

📉 The number of Shiba Inu (SHIB) transactions has dropped significantly, hitting the lowest level in the last 15 months.

⚡️ Leading US energy company Duke Energy plans to mine BTC and discusses this issue with Elon Musk

✨ The Vasil hard fork has ended in the Cardano testnet, and in about a month we should expect the fork of the main network.
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Useful resources of the Nominex Ecosystem

Test: your psychotype in the market. What is the best way to trade?

The world of trading is very diverse. There are a lot of earning options: scalping, medium-term trading, holding, trading with leverage, arbitrage, etc.

So how do you know who you are by nature? Have you chosen the right market behaviour strategy?

We offer you a test of 7 questions that will better help you reveal your psychotype and direct you on the right path.

🤔 Take the test:
https://telegra.ph/Psychotype-Trader-Test-What-Type-of-Trading-is-Best-For-You-07-05

Leave a comment, which type do you consider yourself more?

Updates released to Nomiswap.io in the last month

The beginning of the summer turned out to be very productive and rich in exchange updates.

The development team is working tirelessly to ensure that our users receive more and more TOP service on the market.

A lot has already been done, but there are still a lot of plans ahead!

List of updates for the last month:
🖥 Nomiswap listing on DexScreener aggregator
📊 Analytics page
🦙 Listing on DefiLlama and getting TOP-4 by TVL there
☑️ 24 new pools added
🔝 Listing on CoinMarketCap and entering the TOP-35 among all DEXs
💸 Cashback on Nomiswap
🦎 Listing on CoinGecko
💵 NMX-USDC pool launch
👥 Referral program statistics page

Stay tuned, we will notify about everything in our channels.

Share information with friends, talk about our exchange

Nomiswap APR statistics in pools

Nomiswap DEX has some of the most attractive returns of all TOP exchanges.

If you have tokens in wallet, then you can not only hold them, but receive passive income with their help. So why miss out on this opportunity?

Also, Nomiswap is developing well as a decentralized exchange, and more and more people are using it for exchange.

🔝Top tokens on the site:

1️⃣ Tether USD (USDT)
Price: $1 | Volume (24h): $2.65M

2️⃣ Wrapped BNB (WBNB)
Price: $237.51 | Volume (24h): $1.86M

3️⃣ BTCB Token (BTCB)
Price: $20,073.68 | Volume (24h): $867.11K

👍 Farming is more profitable: Nomiswap.io/farms

💥 Nomiswap is in TOP 3 by TVL among decentralized BSC exchanges

The Nomiswap exchange was recently added to this aggregator and is currently also ranked 8th among all other platforms in the BNBSmartChain network, which means that even more people will be able to see the merits of one of the best DEXs.

⬇️ List of BSC projects:
https://defillama.com/chain/BSC

DeFiLlama is a crypto project aggregator that provides information on the total amount of funds invested in the DeFi sector.

Here you can see:
🔹 Charts and statistics on the overall decentralized finance market;
🔹 Information about each individual project;
🔹 Upcoming airdrops;
🔹 Analytics for certain categories (for example, stablecoins);
🔹 Own wiki platform;
🔹 Profitability statistics and much more.

The calculation of the exchange TVL on this resource by default goes without a launch pool, for a complete overview of the funds you need to check the Staking box.

✔️ Nomiswap page:
https://defillama.com/protocol/nomiswap

☑️ Nomiswap TOP 3 by TVL:
https://defillama.com/protocols/dexes/BSC

How to Trade Cryptocurrency Correctly?
What tools, indicators and charts do experienced traders focus on?

📊 Sales Volume (Vol)
This parameter shows the number of transactions in the market for a specific period of time, which illustrates the appetites of investors at the moment.
The volume chart shows candles (the same green and red ones). The former speak of an increase in the price of an asset, and the latter of a decrease. With the help of candles, you can understand the trend (where the chart is moving) and understand when the price will change sharply. The green graph is a bullish market signal (buyers are stronger than sellers), and the red one is bearish (volume increases when the price falls).

〽️ Moving Averages (MA)
These lines on the chart show the average price of the asset for the selected period. The MA chart is superimposed on the rate movement chart, and with this help you can calculate the current trend. If the price is above the moving average for a long time, then this may indicate an upward trend, and vice versa.

⏫ Exponential Moving Averages (EMA)
This is a type of moving average that is calculated based on the most recent price data, with which you can most accurately predict the trend (medium-term direction).

🔀 Moving Average Convergence/Divergence (MACD)
This parameter tracks the relationships between moving averages, whether they converge or diverge. The tendency of the curve to the upper signal line means a good time to buy, called a bullish crossover.

➗ Relative Strength Index (RSI)
This parameter shows whether the market is overbought or oversold. It shows the weakness or strength of an asset through the previous change in its price, which shows whether the asset was overbought or oversold.

🌀 Fibonacci Levels (Fibo)
Fibonacci levels help predict entry and exit points, tell you when to sell or buy an asset.

📊 Trade on CEX: Nominex.io/markets
🔄 Trade on DEX: Nomiswap.io/swap

Trading volume helps a trader (and you are a trader to some extent if you are a market participant) to determine the strength of the trend (the direction of price movement), which can be a key moment in the decision to buy or sell an asset.

An increase in volume indicates an increase in the strength of the price movement, which may be followed by a breakout on the chart, a decrease in volume makes a breakout unlikely.

Anticipating a bullish breakout (a sharp rise in prices, bypassing the resistance of sellers), traders try to buy an asset in order to sell it more profitably later.

Do you pay attention to trading volume when exchanging cryptocurrency?

The #DeFinitions section will help beginners to join the world of crypto.

📊 Trade on CEX: Nominex.io/markets
🔄 Trade on the DEX: Nomiswap.io/swap

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News summaries from the world of cryptocurrency

📈 Market Condition
The price of BTC rose to $20.5K on July 7th. Over the past 24 hours, the capitalization of the first cryptocurrency has increased by ~2% to $392 billion. Also, the “fear and greed” index on the crypto market has risen to 19 (in the direction of greed) this week, which is the highest figure in the last two months.

⚔️ Lawsuit Against Solana
An American investor has filed a lawsuit against Solana, alleging that its ecosystem allows whales to illegally profit from the SOL token. According to the plaintiff, the company violated the laws relating to securities. In his view, Solana benefited from SOL at the expense of retail investors.

💸 From Fiat to Crypto
3 former top managers of JPMorgan (a large US investment bank) JPMorgan left their jobs in favor of working in the crypto industry. They have already found new places in this area.

🐕 Dogs in Tunnels
Elon Musk's Boring Company, which provides tunnel construction and infrastructure services, has introduced Dogecoin payments into its ecosystem. So customers can pay for tickets.

💎 More ETH
Ethereum (ETH), the TOP-2 coin on the market, gained slightly in price again ($1212). Against this background, the total amount of Ethereum staked under the ETH 2.0 deposit contract has set a historical record above 13 million tokens.

📊 Exchange tokens for CEX: https://nominex.io/markets/
🔄 Swap tokens for DEX: https://nomiswap.io/swap

Get extra commissions from those invited through your link

Depending on your level of farming, you will receive royalties from your team's farming and direct referrals, and in the future from all the trading activities of your partners!

What do you need in order to productively use the referral program on our exchanges?

1️⃣ Copy the referral link,
2️⃣ Invite friends on it,
3️⃣ Get bonuses from them for every action on the exchange.

📖 More about the referral program:
https://support.nominex.io/ru/article/203-gajd-po-referalnoj-programme-nominex

💥 Benefits of the project

The referral system is arranged in the form of a binary tree with infinite levels. Rewards come from a weak team.

Types of referral bonuses:
🔹 Direct Farming Reward — up to 10%
🔹 Team Farming Rewards — from all team members, up to 20%

Also, these bonuses are summed up with all other possible rewards on the platform. For example, with a holder bonus and cashback.

Now you can conveniently track all referral deductions on a special page.

👥 Invite your friends, it's more profitable together!
https://nomiswap.io/referrals

👉 In this post, we will try to conduct a sober analysis of the NMX price behaviour.

1. Now the entire crypto market is falling according to the global trend, the "bear" market greatly affects the mood of traders. At the same time, you need to understand that bitcoin or other large coins can “grow” by some amount, but the global trend is still down for now - this can be easily seen on a daily or weekly chart. NMX is not so connected with bitcoin as to exactly repeat its movements in small time intervals.

2. In our model of tokenomics and Nomiswap, there is a holder bonus and an affiliate program, atypical for the crypto market. These and other factors, in our opinion, make the NMX price less inert in relation to the entire crypto market - this means that the NMX price is likely to tend to stable values, and maintains this stability for a longer time when the market changes direction (fall or rise). But with long-term trend changes in the market, at some point it also begins to follow the rest of the market. Considering all the past corrections, we can conclude that NMX may be following the crypto market with some delay at this stage of development.

3. For a long time, while the bear (down) market was in full swing, the NMX was relatively stable. But lately we see that NMX could not stand the pressure and also showed some correction, which is absolutely logical.

4. After the launch of Nomiswap in January 2022, the peak price reached $1.92. At the moment, the price of NMX = 0.86. The drop is 55% from the peak price. The fall of bitcoin from the peak last price of $69,000 to the current price of $21,400 is 67%. For now, NMX's decline in the global bear market is less than that of BTC, which many people consider to be the strongest cryptocurrency on the market.

5. We previously made an announcement (https://t.me/nominex_announcements/1654) about the fact that the fall of BNB had a negative impact on the price of NMX. In this post (https://t.me/nominex_announcements/1655) they gave a mathematical calculation of exactly how this happens. We are now phasing out the NMX/BNB pool farming returns to encourage people to transfer liquidity to other stablecoin NMX pools, thus reducing the guaranteed negative impact of BNB on the NMX price, but this is not a quick process.

6. Also, our CEO has publicly stated that even if there was no NMX/BNB pool, the NMX drop would still be inevitable in a bear market when 99.999% of all coins fall, but most likely it would be weaker. And not only the crypto market is falling, but also the stock market, and even the dollar is now experiencing very high inflation. That is, it is difficult now to find an absolutely quiet haven. It is important to understand that we are not trying to find an external cause or culprit in the NMX correction, but we present facts with evidence of how exactly one or another factor affects the price of NMX. BNB is far from the only factor influencing the price of NMX. There are a lot of factors, and they collectively have an impact.

7. Some users were sceptical about adding new liquidity pools to Nomiswap. Here we explained why new pools are NOT a key factor in NMX correction. More:
https://t.me/nominex_announcements/1658

8. Someone is selling NMX tokens in the general panic in the market, someone thinks that Nomiswap is not developing fast enough. But we talk a lot about it, innovations and additions of new functionality occur almost every week. In the near future we have: pools with concentrated liquidity, boosting pools (it will be possible to freeze funds with a higher staking yield) and custom farming pools (which can attract new projects to launch their own farming on Nomiswap). This all speaks of the constant development of the project. Our CEO Pavel recently talked about plans in an audio stream: https://support.nominex.io/en-us/article/215-ama-with-pavel-shkitin-ceo-at-nominex-and-nomiswap-30-06-2022

9. As the history of the development of the crypto market shows, a bear cycle is a time when someone loses everything on a panic or on the wrong investment strategy, and someone becomes more financially independent, realizing that markets are cyclical and that a market fall can be a good entry point, as markets recover after a while.

10. We do not urge you to buy the NMX token and do not guarantee the result, we only urge you not to panic, think over and weigh everything with a cold head. But you need to clearly remember the undeniable rule - the lower the risk, the lower the potential return, and the higher the risk, the higher the potential return. Take only the risk that you are willing to bear. And realize that it is you who is responsible for the risk that you have taken.

Nomiswap Pool Liquidity Statistics

🔥 Decentralized exchange Nomiswap.io has the highest APR in stablecoin pools.

Investing in stablecoins is one of the safest choices in times of market turmoil.

Prefer not to worry about risks? Then stable pools are for you:

🟦 USDC-USDT (APR 6.9%): https://bit.ly/3qMM4wN
🟧 BUSD-USDT (APR 6%): https://bit.ly/33czbTM