Aug 15th, 2022 Archives

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Hello all! Thanks for checking the MNO blog which has been covering the best investment programs in the HYIP industry for over fifteen years now. And yes, I intend to stay here for another fifteen years as it’s my lifelong passion to update you on the biggest money-making opportunities which I take seriously. Please rest assured that it’s much more than just about the money for me personally in running MNO and unlike many other monitors I don’t place any emphasis on the quantity of advertised projects – it’s the quality that matters for me and hopefully for the majority of my readers as well. That’s why I proudly state that the listing prices on MNO reflect the willingness I like to deal exclusively with professional admins who care more about their reputation and longevity of their programs rather than grabbing the first couple of fast bucks and disappearing into thin air. And sadly, in the current state of things in the HYIP industry we mostly deal with a class of admins far from that period a few years back when profitable giants were leading the whole industry in the right direction.

Although (and regular readers will agree) even at times of lower activity as seen this summer it’s important to keep yourselves in the loop of what’s going on not only in the HYIP industry but in crypto markets as well. That’s why from the beginning of 2022 the MNO blog has introduced the Weekly CryptoNews Digest published every Monday to give you a valuable insight into what happened with cryptocurrencies over the previous week.

You can read more on that in a moment followed by the usual HYIP industry news, but first let me remind you to join hundreds of email subscribers by adding your email address on this page and enjoy reading full MNO blog articles delivered to you by the follow.it service within 24 hours of publishing. Moreover, for faster notifications that will allow you to be the first in spotting a new industry leader please follow MNO on Telegram, Twitter, or Facebook. I’m also on Telegram myself and you can chat with me live anytime by clicking here. Alternatively, submit your query using this online form or email me directly at abramsonp@gmail.com

Let’s see now what happened over the last week, August, 8 to 14, 2022, in the Weekly CryptoNews Digest.

I guess the best place to start this week is the continuing rally in the crypto market, after all, I guess that’s why most readers are here to begin with. The cryptocurrency market enjoyed a positive week following news that inflation is cooling down in the US, the single biggest market. With declining gas prices, the U.S. Consumer Price Index remained flat from June to July, providing relief for investors.

With declining gas prices and airfares, the Consumer Price Index stayed flat from June to July, but jumped 8.5% over the past year. Though that’s still high, it’s better than expected, and provides a bit of relief for investors. Bitcoin jumped 3% after the report, topping $24,000 eventually and continues trading at around that same level. Meanwhile Ethereum’s currency Ether leapt 6% on the news and is up 9.6% over the last day. It is currently trading around $1,845 at the time of writing.

Hodlnaut, a Singapore based cryptocurrency lending platform, said on Monday it has suspended all withdrawals, swaps, and transfers, citing “recent market conditions”. The company, who claims $500 million in assets under management, is the latest in a lengthening line of crypto asset managers to have been caught out by the sharp drop in Bitcoin and alt-coins this year as central banks around the world have raised interest rates. However, the announcement is notable for the fact that it comes several weeks after the rout in underlying asset values appeared to have ended, suggesting that the shake-out that started with the collapse of the Luna/Terra network and also brought down such big names as Three Arrows Capital, Voyager Digital, and the Celsius Network among others is still reverberating through the system.

With a relative lack of clear precedent, it is only gradually becoming clear whose claims on the collapsed platforms will be honored. Last week, Zipmex – another Singapore based crypto company – filed for bankruptcy protection due to losses on its exposure to Celsius and Babel Finance (another lender that has halted withdrawals). In a statement Hodlnaut said that the difficult decision was taken to focus on stabilizing their liquidity and preserving assets, while still working on finding the best way to protect users’ long-term interests. The company also said that it intends to withdraw its application to the Monetary Authority of Singapore for an operating license. “Hodlnaut is therefore no longer providing regulated digital payment token services, i.e. our token swap feature,” it said, adding that it will also cease all borrowing and lending services. The company has retained law firm Damodara Ong LLC as advisors on a recovery plan and promised an update as soon as permissible.

Coinbase – one of the world’s most popular cryptocurrency exchanges – has revealed it suffered a massive $1.1 billion net loss in the second financial quarter of 2022. The crypto behemoth – believed to be used by around 60 per cent of UK cryptocurrency investors – says it is pointing the finger at a ‘fast and furious’ downturn in digital assets which has seen a huge fall in transactions. Its announcement marks not only the exchange’s second consecutive quarterly loss, but also the biggest loss since Coinbase listed on the Nasdaq 15 months ago. “The current downturn came fast and furious, and we are seeing customer behavior mirror that of past down markets,” the bulletin noted. They went on to explain that the second financial quarter of the year was difficult, with trading volume and transaction revenue each down by 30% and 35% sequentially, respectively. Both metrics were influenced by a shift in customer and market activity, driven by macroeconomic and crypto credit factors alike.

In the face of enormous revenue drops, Coinbase stressed to its shareholders that it was taking positive steps during tough market conditions. During bad times they insist clients remain focused on building great products, as casual competitors step back, which is only to be expected.

This comes after the German firm Nuri became the latest crypto exchange to file for insolvency, citing various negative developments in the crypto market and putting at risk as much as 100 million euros of customer deposits. Nuri said it would continue to allow customer withdrawals, adding for the time being, nothing will change. Despite recent recoveries as already reported on MNO, overall the value of BitCoin is still down 46% this year thus wiping around $430 billion of its market cap.

It’s not all doom and gloom however. The crypto market recovery continues after a poor start to the summer. The price of Bitcoin now seems to have firmly established itself in a narrow consolidation range in the $22,500 to $24,500 area, sitting at just below $24k at the time of writing. That’s down three per cent since the day before but flat over the past seven days, with its relative resilience providing some comfort to investors. Other major cryptocurrencies are also down slightly on Wednesday morning, but broadly up over the past week. Market sentiment also continues to look stronger than it has in recent times, with the so called “Fear and Greed Index” (yes, I admit that’s a new one to me, but readers can Google it) yesterday hitting 42 – its highest level since early April. The big news to watch out for right now is the release of more US inflation data, with the latest US Consumer Price Index figures as mentioned elsewhere expected to tell us how well the Federal Reserve’s anti-inflation measures have been working. The consensus of expectations is for an 8.7% year-over-year increase in the CPI. We’ll have to wait and see exactly how it will impact the markets.

And finally for this week’s crypto news digest the world’s largest asset manager, BlackRock, has launched a private bitcoin trust. In a statement, BlackRock said that despite the steep downturn in the digital asset market, they are still seeing substantial interest from its institutional clients. BlackRock considers Bitcoin as the oldest, largest, and most liquid crypto asset, and currently the primary subject of interest from its clients. Bitcoin is still more than 60% below its all-time high of almost $69,000. However, many investors believe it has found a bottom with stocks, with the two asset classes being more correlated to each other this year than ever before, amid 2022?s slide in risk assets. As mentioned already exchange rates have been recovering, though still admittedly far short of what we saw in the past for now. The company, which has about $8.5 trillion in assets under management, announced recently a partnership with CoinBase that allows its institutional clients to buy crypto, beginning with Bitcoin.

I hope you enjoyed reading the latest news from the world of cryptocurrencies, and if so keep your eyes on the MNO blog next Monday when I’ll have the next update. But for now let’s get back to HYIPs.

NEWS FROM THE HYIP INDUSTRY


ROBOTICSONLINE – GERMAN SUPPORT SECTION ADDED AND OTHER NEWS

Some cautious HYIP investors have already noted that RoboticsOnline might not be a hot pick anymore, losing confidence in the admin’s ability to sustain payouts after the sudden announcement last week. I remind you that last Monday it was stated that the investment term of both existing and future deposits is to be increased from 12 to 36 business days. That means even existing investors of RoboticsOnline will have an extra 24 business days added to their investments – without asking their consent and which might not shed the best light at the program’s reputation which (I admit) has been flawless thus far.

I was unaware of that compulsory extension of the term at the time of writing last week on the MNO blog, otherwise I would have advised caution. Obviously, in about four weeks from now it will be clear whether the program will be able to keep going as the payments will hopefully resume by then. And of course, at the time of writing it’s not feasible for me to amend my existing review of RoboticsOnline posted here or advise to invest. If you do it will be a risky endeavour, however it does not necessarily mean doom and gloom. Unlike many other programs out there when such a decision would be seen as a red flag the situation with RoboticsOnline is a bit different. You see, the program has been running quite successfully since 2019 and having almost three years of timely payouts under its belt makes RoboticsOnline a very pleasant exception from the fly-by-night programs which constitute 99.99% of the HYIP industry. That’s why I would like to give the admin of RoboticsOnline the benefit of the doubt and will keep the program on Paying status on the MNO monitor for the time being. At the same time, if you have any doubts about the program being able to pull through and resume payouts for existing investors in a few weeks time you’re advised to wait and see. Anyway, MNO will keep you informed of the possible outcome which hopefully will be the program getting back to normal, just on different terms – paying about 10% -12% profits in a 36 business day period on investments made via BitCoin, LiteCoin, Ethereum and Tether ERC-20.

Meanwhile, the admin and team behind RoboticsOnline seem to be working hard behind the scenes to improve the website. Last week, for instance, it was announced that the German language support service has been ready to use with the full German translation of the website coming soon as well. So, if you’re a German speaker you may test the support available and see how fluent they are. Below you can read the information on that, as well as the latest news from the cryptocurrency and robotics industries – where RoboticsOnline allegedly makes its money:

For all German users:
We just published the German translation for our help center.
In the next days, we will publish the German translation of our website as well.
You can find the German help center right here: https://help.robotics.online/de/

Moelis & Co. Co-Founder To Head New Blockchain Advisory Unit
A Global Blockchain Group has been established by the dominant New York-based investment bank Moelis & Co. to offer advisory services to blockchain and cryptocurrency businesses.
Despite the bear market in cryptocurrencies, the company was undeterred about creating the group. They acknowledged that any new “disruptive” technology came with risk.

Not Just Bitcoin Price
What issues (beyond basic pricing) affect the mining industry as many crypto investors prepare for a bear market?
The degree to which a Bitcoin miner makes money is determined by various variables, like Bitcoin valuation, the mining difficulty, energy costs, the type of mining equipment, and more.

LidoDAO Says No To Selling $14.5M
LidoDAO declines to sell Dragonfly Capital $14.5 million in LDO coins.
The plan’s goal was to provide LidoDAO with a two-year runway so it could perform its duties under the Lido Finance protocol without worrying about additional fundraising.

Ethereum Co-Founder Defends Transition
Later this year, Ethereum expects to transition to a proof-of-stake network, which was due in August.
VitalikButerin, a co-founder of Ethereum, responded to tweets that criticized the delay in the process and questioned the credibility of decentralization of the new PoS model. Ethereum completed the Merge testing phase on the Sepoliatestnet earlier this month.
The procedure moved Ethereum and the Merge closer to the finish line.

Switzerland’s Post Finance Bank
Traditional financial institutions in Switzerland are embracing Bitcoin technology. Through PostFinance, the Swiss Post Office intends to introduce a bitcoin trading service to the delight of crypto users.
Project Helvetica, a pilot program, has been launched to use a CBDC. Partnerships with top Swiss commercial banking institutions were also a part of this effort. The project started as the CBDC evaluated the risks associated with CBDCs.

Ark Invest Shows Massive Potential
By utilizing on-site natural gas emissions, Ark Invest has offered a fresh perspective on the viability of #Bitcoin mining facilities. According to the research, there is a significant potential to convert methane emissions into electricity for bitcoin mining.
Conservative environmentalists have previously targeted the cryptocurrency sector, particularly Bitcoin mining, by claiming it has a significant carbon impact. However, there have been initiatives by the Bitcoin mining sector to adapt and discover novel uses for methane.


GET PAID REPORT FOR 15/08/2022

Here is the list of the programs from my monitor that paid me for the last 168 hours:
From MNO Sticky list: –
From MNO Premium list: –
From MNO Standard list: –
From MNO Basic list: AyaFastMoney (the first instant payments received), Avenue7 (the first payments received).

Thanks for reading, guys. That’s about all for today and I hope you enjoyed the detailed and informative updates I post on my blog. I hope to see you back again soon on MNO – For Money Lovers!

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