The Final Private Group Offer

The Final Private Group Offer

We have built a social and market network on the blockchain. Over 20 years of developing, 4 years in beta, now we are listed on an exchange and ready to come out of beta with nearly 10,000 members, an Alexa ranking of 30,020 over 50,000 followers on our social networks.

Markethive coin has increased in value from 1 penny $.01 to a dime $.10 in a short amount of time. The crypto Bull Market has returned and will continue to grow in magnitude for the rest of the year.
By summers end the growth of the industry should be staggering. Two well know protagonist billionaires agree, Tim Draper and Tom Lee.
https://markethive.com/group/marketingdept/blog/bitcoin-price-will-hit-4-million

This is one of the indications it is time to launch Markethive. After nearly a year with the new engineering firm and new engineers on the team, the platform is now stable and the next two months will be focused on bringing on many new upgrades, enhancements and new services.

The Offer.
What is an ILP?

The ILP is well defined in this article titled: What in heck is a Markethive ILP?

Buy $1,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .12 share of an ILP.

Buy $2,500 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .35 share of an ILP.

Buy $5,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive a .8 share of an ILP.

Buy $10,000 worth of MHV coin through our Markethive account (Markethive will transfer the coin to your Markethive account or your MEW wallet) and receive 2 shares of an ILP (one ILP and one shadow ILP).
A rotator: Plus earn an equal share of new ILP purchases in our official crowd funding launch of Markethive this summer (proposed)

Additional bonus: Existing ILP owners will also receive equal shares in the rotator Crowd Funding Launch and if you purchase an additional ILP via this offer we will double an equal amount of shares (not shadow shares) you currently hold.
ie: [If you currently hold 3 ILP shares, and purchase 2 ($20,000) new ILP accounts “receiving 2 x 2 ILPS = 4” 2 of your 3 existing ILPs will also be doubled. Giving you a new total of 9 ILPs.] 3 + 1 now equals 9!

This offer ends when 30 ILP shares have been acquired.  Several members have already taken us up on this.
Again if you do not know: What in heck is a Markethive ILP?

The following budget is what determined my decision to do one more private crowd funding before we launch our official Blockchain Crowd Funding and the Markethive Awareness campaign.

We need to raise the money to launch a huge ICO (like) public crowd funding campaign (AWARENESS CAMPAIGN) and need to raise $300k or more to make it a huge campaign. 60% of this money goes to launching our crowd funding campaign in June of this year. 40% goes to Markethive enhancements to prepare for the onslaught of new membership. We need to finish our Markethive.io site. It needs to be replicated. Our front page of Markethive is also getting a new face lift. And Markethive.net will be retrofitted as an ICO rating system

An online form to sign up for this offer is found at the bottom of this article or by tapping this link
ILP SIGNUP


Phase One ($20,000):
We will need to publish large Press Release campaigns to the following Crypto News Sites

 

  1. BUSINESSINSIDER.COM (via Prlog.com $350)                                          Alexa: 327
  2. CCN.COM Press Release $349                                                                    Alexa: 1,458
  3. COINTELEGRAPH.COM Press Release $3500                                           Alexa: 4,496
  4. BITCOIN.COM Press Release $1,995                                                          Alexa: 11,763
  5. COINTRAFFIC.IO (Scheduled Crowd Funding Campaign $25)                   Alexa:  15,823
    SEE MEDIA KIT PDF
  6. BENZINGA.COM Press Release $500                                                         Alexa: 21,239
  7. NEWSBTC Press Release $799                                                                   Alexa: 25,740
  8. LIVECOINWATCH PR via Coinzilla $200                                                     Alexa: 33,268
  9. ETHEREUMWORLDNEWS.COM  Press Release: $350                             Alexa: 40,325
  10. BITCOINIST.COM Press release $999                                                         Alexa: 41,709
  11. THEBITCOINNEWS.COM press release $990                                             Alexa: 41,493
  12. BITSONLINE.COM Press Release via Coinzilla $300                                  Alexa: 49,562
  13. BLOCKONOMI.COM Press Release is $199.                                              Alexa: 56,128
  14. BITCOINMAGAZINE.COM Sponsored Article + EMAIL $4000                    Alexa: 51,480
  15. INVESTINBLOCKCHAIN.COM  Press Release is $199.                              Alexa: 58,846
  16. DAILYHODL.COM Press Release $150                                                       Alexa: 60,654
  17. NULLTX Press Release $300 Sponsored Article $600                                Alexa: 65,887
  18. CRYPTOGLOBE.COM Press Release via Coinzilla $220                           Alexa: 79.744
  19. CRYPTODAILY.CO.UK  Press Release via Coinzilla $400                          Alexa: 80,870
  20. CRYPTOSLATE  FEATURED LISTING: $199 PER MONTH                      Alexa: 81,131
  21. PORTALDOBITCOIN.COM  PRESS RELEASE VIA COINZILLA: $200     Alexa: 91,297
  22. SMARTEREUM Press Release: $249                                                         Alexa: 97,553
  23. SMARTEREUM SPONSORED STORY: $999                                            Alexa: 97,553
  24. BTCMANAGER.COM Press Release $500                                                 Alexa: 112,197
  25. ZYCRYPTO.COM Press Release $100                                                       Alexa: 121,487
  26. BLOKT.COM Press Release $200                                                               Alexa: 164,593
  27. SLUDGEFEED.COM Press Release $100                                                  Alexa: 222,695
  28. CRYPTOCURRENCYNEWS.COM  Press Release $197                           Alexa: 376,032
  29. CRYPTORADAR Press Release $59                                                          Alexa: 1,304,572

SUB TOTAL                                          $19,000.00 Primary campaign


Phase Two ($75,000):
Secondary Marketing Assets

  1. COINMARKETCAP (3days banner at top of page $14,500)                       Alexa: 485
    SEE MEDIA KIT PDF
  2. CCN (sponsored story for $1499 + emailed to 100,000 $1.799)                Alexa: 1458
  3. COINTELEGRAPH.COM (Publish package $20,000)                               Alexa: 4,544
  4. COINDESK.COM Minimum $10,000 Newsletter $10,000 per                   Alexa: 6.294
  5. CRYPTOCOMPARE  (Sponsored Guide Sponsored Newsletter)             Alexa: 11,189
  6. BITCOIN.COM (500,000 Impressions Banner $5700)                              Alexa: 11,988
  7. Ivan Liljeqvist YOUTUBE CHANNEL ($11,000 interview)                        198k subscribers
  8. AMBCRYPTO (ICO form submitted $8,000)                                             Alexa: 22,118
    SEE MEDIA PACKAGE PDF
  9. ETHEREUMWORLDNEWS.COM (Native Article: $1200)                        Alexa: 40,325
  10. THEBITCOINNEWS.COM (Press Release $990)                                    Alexa: 41,493
  11. BITCOINIST.COM Sponsored Article + Social Network $1,950               Alexa: 41,709

SUB TOTAL                                          $75,000.00 Secondary package
 


ICO Launch and Rating Sites ($16,000):
We will need to register and publish to the portfolio of ICO benches and ICO revue sites. They all charge fees to do it “right”.

  1. COINGECKO.COM Banner Ad program $3500 per month                     Alexa: 6,595
  2. ICOBENCH Consultation, Mass Press Release  and  Listing $5000      Alexa: 38,516
  3. ICOMARKS.COM ICO Promotion Premium  $500                                  Alexa: 73,714
  4. ICOHOLDER.COM  PUBLISH ICO: $500                                               Alexa: 124,622
  5. ICORATING.COM  Listing + investment rating, publication  $3,500       Alexa: 155,355
  6. AIRDROPRATING.IO Rocket PR to massive social networks $600       Alexa: 163,761
    SEE MEDIA PACKAGE PDF ON FILE
  7. BLOCKCHAIN INVESTOR COMMUNITY   Free Submission                 Alexa: 238,472
  8. ICOBAZAAR.COM   Free submission
  9. COINSTAKER.COM  Full campaign package $2000                              Alexa: 345,864
  10. ICOALERT.COM   CONSULTING (Have Reached Out)                         Alexa: 380,596
  11. COINIST.IO Listing and Press Release $2,600                                      Alexa: 664,338
  12. COINLAUNCHER.IO   PREMIUM LISTING: .75 Bitcoin                         Alexa: 805,035
  13. FINDICO.IO    ONE MONTH PREMIUM: 3ETH                                      Alexa: 1,172,488
  14. ICOTOP.IO    ICO Rating Agency Free to Add your ICO                        Alexa: 2,270,743
  15. THETOKENER.COM   Full Ad package $2220                                      Alexa: 2,279,375
     

SUB TOTAL                                          $16,000.00

Advertising Channel for Email distribution, Social Networks Broadcasting, Banner advertising

  1. BUYSELLADS.COM Crypto Bundle to 16 high ranked domains, social networks and email distribution runs  $17,000                Alexa:  60,163

Required Development before Launch ($52,000)

Final Leg Project Priorities

1.    New Root Domain front page to qualify us for a banner account –          $4200

2.    Floating video on home page. Replaces video in Upgrade Level page.  Videos  1:Tutorials | 2:Entrepreneur | 3:Social Account Setup with associated links to the designated pages, sections or groups. –                              $840

3.    The “NewsFeed”  GROUP whereas members of the group posting to the group distributes the post to all Markethive members Newsfeeds from that member, not the group. Whereas pinning a post makes that post default on all new accounts made thereafter until Unpinned. https://markethive.com/group/default_newsfeed   
NewsFeed Upgrade: New signup notification on all newsfeeds. Notification alerts to a new signup, their name and link to the Profile Page, ability to friend request and send a tip and (who signed them up?)                                  $1400

4.    NewsFeed repair: Anyone who is a friend should see your Newsfeed posts on their Newsfeed, This is broken and inconsistent. Mostly with new members. When a post is deleted by the author or Group admin, it should be deleted for all. I can show you where this is not working.                                      $560

5.    When a friends Group is posted to, it should not appear on my News Feed unless I am a member of that group. Right now that is broken and appears on my NewsFeed      $560

6.    NewsFeed Upgrade: We need a search and filter. Search allows searching keywords, members, date range, group posts, and GEO. Filter determines what default displays. Same ranges.                                          $3500

7.    Blocking a member. Hides all newsfeed posts from being viewed both ways, removes the blocked member from the group and deletes all posts in owners  groups, removes all comments from owners blogs and hides all blog comments from member to owner and owner to member. Prevents blocked member from commenting on a blog, but allows viewing, and subscribing, but not SWIPING.                      $2800

8.    Gateway:  Payment Methods “Bitpay”, “AuthNet”, “Paypal”, “Amazon”, “Apple Pay”. All, payment processing is used for Entrepreneur monthly and yearly subscriptions and purchase of Markethive Ad Credits. Ad Credits can be used to purchase Markethive Coin to be used to purchase Advertising Services, such as News Feed Ad boosts, Banners, sponsored articles, Press Releases, Markethive Social Account broadcasts.                  $4200

9.    Entrepreneur “Upgrade Level” redesigned             $350

10.    Picwic Tracking Broken: IT BUDGET      $350
         a.    Capture Pages 
         b.    Capture Widgets 
         c.    WP Plugins 
         d.    Profile Page 
         e.    Rotator 
         f.    Mini Url

11.    Leads Control Panel broken IT Budget       $140
         a.    Empty folders disappear.

12.    Autoresponder issues IT BUDGET       $140
         a.    Drag and drop reorganizing is broken

13.    Markethive.io (Crowd Funding Promo Site)
         a.    Secure Certificate
         b.    New ICO like template
         c.    Finish Markethive IO  videos

14.    API coin transfer (First wallet) – IT BUDGET     $32,500

15.    Remove Paypal, designate verified when the phone number has been verified. Replace the image with a new Image  – IT BUDGET     $70

16.    Super Groups
         a.    Press Release Group. Customer built as a super group for just Press Release publishing and payment to publish standard, advanced and master levels.  IT BUDGET    $10,000
         b.    Sponsored Articles Super Group payment options for published to front page, distributed to social networks, distributed to WP blogs  IT BUDGET   $10,000
         c.    Curation function in all groups to add 3rd party RSS feeds and a deliver keyword(s) filter IT BUDGET $10,000

17.    Automated Tutorial System  IT Budget $5000

Proposed budget for IT upgrades is $90,000


Total proposed cash required ($193,000)

is a conservative estimate and we also want a treasure chest for additional development unforeseen at the moment.

Summary:

As Bitcoin Surges, so will the Markethive Coin and subscriptions and paid services. Our timing could not be better. We survived the Crypto Winter and it is now time to go to the moon.

Bitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains
https://www.ccn.com/bitcoin-surging-19-only-the-beginning-halving-will-propel-to-meteoric-gains

Markethive is this hybrid symbiotic phenomenon. Unique, exponentially powerful and will be a major driving force in unbelievable revenue generation as well as widespread respected service.

A Case study: Let’s look at the Media Content suppliers for the Crypto media. They have very big traffic and they publish banners, press releases, sponsored articles, ICO analysis all for fees and many make over a $million a year. The tools they use are not unlike the tools we deliver to you in Markethive. That being said, it is not difficult to grasp the fact many Markethive members can build a similar success with our system like we are building for you @ http://aboutbitco.in/

Keep in mind, we have not promoted it nor finished it, but it will be no different than a WordPress portal you could build using the same tools found in Markethive

https://www.worthofweb.com/website-value/aboutbitco.in/

Markethive is a market network and these tools are equally commanded by each individual which means any member at Markethive could produce similar traffic and revenue because of Markethive but not by Markethive. It is the entire vision to empower our members to achieve great heights.

ILP registration and purchase



Sincerely,

Thomas Prendergast
CEO  Founder
Markethive

Deb Williams (hodlthrive)

Binance Chain Launches Firm Expects to Execute Mainnet Swap on April 23

Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23

                                 

Binance has launched its mainnet Binance Chain

and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans to launch its own blockchain in December 2018, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens.

According to the announcement, Binance is producing blocks with consensus from the genesis block as of today, with its native coin BNB planned to be issued in the genesis block. Binance Chain Explorer and Web Wallet will be available to selected partners in beta testing mode and are expected to be opened to public access “around April 23, 2019,” the announcement notes. Along with the launch of Binance Chain, the exchange provided details for the conversion of ERC-20 BNB tokens into native Binance Chain-based BNB (BEP2) coins. As such, Binance emphasized it will not support the withdrawal of ERC-20 BNB tokens after April 23.

Specifically, Binance will be releasing more BEP2 coins as more users convert their ERC-20 BNB to its native BEP2 BNB, while the proportional amounts of ERC20 BNB will be burned while “keeping the total supply across both networks constant.” The exchange will not list any initial trading pairs until the conversion of the first batch of BNB has occurred, the statement reads.

Binance is currently the third largest crypto exchange by adjusted daily trading volume. As recently reported, Binance’s Q1 2019 profits surged 66% compared to the previous quarter. According to another report, Binance saw $78 million in Q1 profits due to a massive growth in its over-the-counter trading platform. Recently, Binance’s charity arm launched a crypto donation channel to support the reconstruction of the Notre Dame cathedral.

Article Produced By
Helen Partz

Helen is passionate about learning languages, cultures and the Internet. She has years of experience working at international online advertising projects. Growing interested in Bitcoin and cryptocurrencies in late 2017, she joined Cointelegraph as a writer.

https://cointelegraph.com/news/binance-chain-launches-firm-expects-to-execute-mainnet-swap-on-april-23

Deb Williams (hodlthrive)

US Gov’t Blockchain Spending Expected to Increase 1000 Between 2017-2022: Study

US Gov’t Blockchain Spending Expected to Increase 1,000% Between 2017-2022: Study

                                

The United States federal government is expected to raise its blockchain spending

to $123.5 million by 2022 — an over 1,000% increase as compared with the $10.7 million it spent in 2017. The forecast was made in a report from IDC Government Insights, published on April 18. IDC states that blockchain spending among state and local governments is also anticipated to grow, from $4.4 million in 2017 to $48.2 million in 2022 — similarly an almost 1,000% rise.

Federal civilian agencies — who reportedly spent less than $20 million on the technology in 2017 — are likely to spend over $80 million by 2022, the report continues. The Defense Department — which likewise spent less than $20 million in 2017 — could almost double this figure and hit $40 million by 2022, the IDC claims. Government investment in blockchain technology is likely to evolve and expand to include more complex areas over time, the IDC’s research director

Shawn McCarthy outlined:

"We believe asset management, identity management, and smart contracts will be the leading blockchain solutions for government. Early spending will focus on supply chain and asset management solutions, while spending in later years will expand to include more identity management and complex financial transactions."

IDC also notes that blockchain is likely to become a cornerstone technology for trade legislation, and is likely “to be implemented as a standard feature for some types of authorized international trade and also as a standard for many types of government procurement.” In terms of specific implementations of the technology, the report argues that a hybrid blockchain approach — combining aspects of private and public networks — is likely to prove the most popular among government agencies.

As reported last month, the current Republican Minority Leader in the U.S. House of Representatives has recently argued that blockchain should be implemented to improve the transparency of the legislative process and bring more security and accountability to government. A separate IDC report from 2018 forecasted that worldwide blockchain spending would grow to $9.7 billion in 2021.

Article Produced By
Marie Huillet

Marie Huillet is an independent filmmaker, with a background in journalism and publishing. Nomadic by nature, she’s lived in five different countries this decade. She’s fascinated by Blockchain technologies’ potential to reshape all aspects of our lives.

https://cointelegraph.com/news/us-govt-blockchain-spending-expected-to-increase-1-000-between-2017-2022-study

Deb Williams (hodlthrive)

Romanian Central Bank Official Says Crypto Will Not Fulfil Basic Roles of Currency

Romanian Central Bank Official Says Crypto Will Not Fulfil Basic Roles of Currency

                                

An official from the Romanian central bank has stated that cryptocurrency

will not replace currency issued by central banks as it is not necessarily a currency. The news was published by local media outlet Business Review on April 16. Daniel Daianu, a member of the Romanian National Bank (BNR)’s Administration Council, reportedly stressed the necessity to be aware of the difference between institutions and their roles, ensuring that those roles will not disappear. Daianu also addressed the importance of making the distinction between blockchain technology and digital currencies.

Daianu said:

“In my opinion, these are financial assets, not cryptocurrencies, and they won’t be able to fulfil the basic roles of currency. […] Cryptocurrencies will never be able to substitute the currency issued by a central bank. What can happen is for central banks to have a digital currency, but that will also be issued by the bank, and commercial banks will receive digital currency that can multiply. I do agree, however, that new technologies lead to disintermediation and this feature of decentralization shows us the merits of networks.”

Romania — which became the first Eastern European chapter affiliate of American nonprofit corporation Bitcoin Foundation back in 2014 — released a draft Emergency Ordinance that regulates the issuance of electronic money (e-money) last July. The draft reportedly described electronic money as “monetary value stored electronically, including magnetic, representing a claim on the issuer issued on receipt of funds for the purpose of performing payment transactions and which is accepted by a person other than the issuer of electronic money.” A recent report from the World Economic Forum (WEF) revealed that at least 40 central banks globally are conducting research projects and pilots with blockchain technology that aim to address such issues as financial inclusion, payments efficiency and cybersecurity. The WEF provided ten use cases for distributed ledger technology ?t central banks including the development of retail central bank currency, among others.

Article Produced By
Ana Alexandre

Total change in her career took Anastasia into the world of analytics and business information as a researcher and translator in 2010. Some time later she got into FinTech, a dynamically developing segment at the intersection of the financial services and technology. Ana joined Cointelegraph in September 2017.

https://cointelegraph.com/news/romanian-central-bank-official-says-crypto-will-not-fulfil-basic-roles-of-currency

Deb Williams (hodlthrive)

Major Auditing Firm Ernst amp Young Releases Updates to Two Blockchain-Related Products

Major Auditing Firm Ernst & Young Releases Updates to Two Blockchain-Related Products

                               

Big Four auditing firm Ernst & Young (EY)

has released two new blockchain developments, a new version of its Blockchain Analyzer and a zero knowledge proof protocol. The company revealed the products in two separate press releases on April 16. EY has launched the second generation of its analytics tool EY Blockchain Analyzer. While the first generation of the product was available to only EY audit teams facilitating gathering companies’ entire transaction data from multiple blockchain ledgers, the upgrade made the analyzer accessible for EY teams and non-audit customers as a business application. Paul Brody, EY Global Innovation Leader for blockchain, said that the company intends to build a platform solution that can be deployed for various purposes, including audit, tax and transaction monitoring. The new version of the analyzer will support tax calculation for crypto assets from the Andy Crypto-Asset Accounting and Tax (AndyCAAT) tool that automatically calculates capital gains and losses on transactions in compliance with United States tax law.

As for EY’s zero knowledge proof protocol, the company aims to facilitate the adoption of secure, private transactions over public blockchains. Paul Brody, EY Global Innovation Leader, Blockchain, said that “making public blockchains secure and scalable is a priority for EY. The fastest way to spread this privacy-enhancing technology was to make it public.” “The main component allows for secure, private transfers and payments on the public Ethereum network. This supports fungible token payments compatible with the ERC-20 standard and unique asset transfers compatible with the ERC-721 standard.  The ERC standards are publicly accepted open standards for tokens on the Ethereum blockchain,” the release explains.

EY also notes that since the launch of the initial prototype in 2018, the company has managed to  significantly reduce transaction processing costs by more than 90%. Currently, the software code is reportedly undergoing final reviews and is scheduled to be launched into the public domain in the next four to six weeks. In March, EY launched a tool called EY Crypto-Asset Accounting and Tax (CAAT) designed for accounting and preparing taxes on cryptocurrency holdings. The product can reportedly get information about cryptocurrency transactions from “virtually all” major exchanges, consolidate data from various sources, and automatically produce reports, including cryptocurrency-related U.S. Internal Revenue Service tax returns.

Article Produced By
Ana Alexandre

Total change in her career took Anastasia into the world of analytics and business information as a researcher and translator in 2010. Some time later she got into FinTech, a dynamically developing segment at the intersection of the financial services and technology. Ana joined Cointelegraph in September 2017.

https://cointelegraph.com/news/major-auditing-firm-ernst-young-releases-updates-to-two-blockchain-related-products

Deb Williams (hodlthrive)

CoinMarketCap Releases New Mobile App Version With User Accounts Price Alerts

CoinMarketCap Releases New Mobile App Version With User Accounts, Price Alerts

                                 

Crypto data tracker CoinMarketCap

has released a new version of its app for iOS and its first Android app today, April 16, with added features for price tracking and user accounts. According to the website, the mobile app will include candlestick charts, daily historical open-high-low-close chart data and the option for setting price alerts on all cryptocurrencies available on CoinMarketCap. In order to use the app, users will have to make a CoinMarketCap account and log in. The app will also allow users to follow news from various media outlets, as well as compare cryptocurrency prices with other cryptos. Last August, CoinMarketCap had launched a professional, paid API targeting developers and funds, which tracks crypto-based derivatives markets, with support for futures, options and over-the-counter exchanges for a monthly fee.

In March, the crypto data tracker announced that they would be releasing two crypto benchmark indices on the Nasdaq Global Index Data Service, Bloomberg Terminal, Thomson Reuters Eikon and Börse Stuttgart. Also this year, CoinMarketCap noted that it would be altering its listing metrics for cryptocurrency exchanges following research that claimed most of the exchange data was faked. The first iOS app from CoinMarketCap was launched last May in honor of the site’s fifth birthday. At the time, the site was ranked 175th in the world for most trafficked sites: the current ranking as of April 26 is 482th.

Article Produced By
Molly Jane Zuckerman

Molly Jane is a Russian Literature major from California with a background in writing. She joins Cointelegraph after working as a freelance journalist and blogger.

https://cointelegraph.com/news/coinmarketcap-releases-new-mobile-app-version-with-user-accounts-price-alerts

Deb Williams (hodlthrive)

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings

                                 

Online brokerage Monex Group Inc.,

owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news was reported by Bloomberg on April 15. As previously reported, Monex acquired Coincheck in April 2018 in the wake of the exchange’s industry record breaking $532 million hack in January of that year.

According to Bloomberg, Monex now sees its Coincheck involvement as potentially instrumental in restoring its erstwhile market dominance. Founded in 1999, Monex was reportedly once the country’s most popular online brokerage, but has since reportedly been eclipsed by rivals such as Rakuten, SBI Holdings and Mastui. Monex’s brokerage unit is thus mulling the addition of digital currencies to its offerings for retail clients in collaboration with Coincheck. Monex Securities Inc.’s new president, Yuko Seimei, conceded that a new strategy is critical to

reviving the firm:

“We’ve fallen a little behind — we can’t deny that. If we keep doing things the way we have, we may not be able to close the gap.”

Amid increasing competition in the brokerage market, Japanese investors’ enthusiasm for cryptocurrencies could help the organization reclaim clients, Bloomberg notes. The Japanese yen currently accounts for ~46.5% of national fiat currencies traded for bitcoin (BTC), according to crypto statistics site Coinhills. As reported, under the stewardship of Monex, Coincheck took a series of measures to improve its protection and trading systems, as well as reimbursing those customers affected by the hack. In mid-November 2018, Coincheck resumed crypto trading and was granted an operating license from Japan’s Financial Services Agency in December 2018. Monex Group’s financial report on Q3 for the 2019 fiscal year revealed that Coincheck had halved its losses in Q3, as compared with the preceding quarter.

This March, Monex announced major changes to its management composition, appointing three Coincheck executive directors to Monex roles to enhance cooperation between the two firms. This week, Money Forward Inc., the operator of one of Japan's most popular personal budgeting apps, announced a decision to halt its plans to launch a crypto asset exchange, citing profitability concerns amid the bear market. Japanese e-commerce giant Rakuten has meanwhile just opened registration for users of its crypto exchange Rakuten Wallet, which is set to go live in June.

Article Produced By
Marie Huillet

Marie Huillet is an independent filmmaker, with a background in journalism and publishing. Nomadic by nature, she’s lived in five different countries this decade. She’s fascinated by Blockchain technologies’ potential to reshape all aspects of our lives.

https://cointelegraph.com/news/coincheck-owner-mulls-addition-of-crypto-to-its-retail-offerings

Deb Williams (hodlthrive)

Nestl Carrefour Work With IBM to Track Mashed Potato Brand With Blockchain

Nestlé, Carrefour Work With IBM to Track Mashed Potato Brand With Blockchain

                                 

Switzerland-based food giant Nestlé, French supermarket chain

Carrefour and IBM have partnered to use the latter’s blockchain technology to track a famous French convenience food, the companies announced in a press release on April 15. Nestlé and Carrefour, both of which are members of IBM’s Food Trust blockchain platform, will use the technology from today to track the supply chain of Mousline, a well-known brand of instant mashed potatoes. Once it rolls out, shoppers will be able to scan a QR code with their smartphones to know exactly where the potatoes in a specific packet came from, as well as their journey to the specific Carrefour store.

“Using the QR code on the product’s packaging, each consumer will be able to use a secure platform on their smartphone to access information on the production supply chain, including the varieties of potato used, the dates and places of manufacture, information on quality control, and places and dates of storage before the product reaches the shelves,” the press release confirms.

The announcement comes just days after United States supermarket chain Albertsons said it was using Food Trust to track one of its products — iceberg lettuce — with the potential for more to follow. Worldwide, around five million different food items already employ blockchain in their supply chain in some form as the industry niche grows. “This partnership is based on the shared values of each company to bring consumers greater transparency in the food sector,” Carrefour continued in the press release.

The firm added:

“By simply scanning a product using a smartphone, consumers will receive reliable and unfalsifiable information on the supply chain and production.”

As Cointelegraph reported, Carrefour has itself stepped up blockchain integration in recent months by applying the technology for tracking milk.

Article Produced By
William Suberg

William Suberg got into Bitcoin while completing his Masters degree and hasn't looked back since, writing about anything crypto-related which makes him sit up and pay attention. He started working with Cointelegraph in October 2013.

https://cointelegraph.com/news/nestle-carrefour-work-with-ibm-to-track-mashed-potato-brand-with-blockchain

Deb Williams (hodlthrive)

94 of Surveyed Endowment Funds are Allocating to Crypto Investments: Study

94% of Surveyed Endowment Funds are Allocating to Crypto Investments: Study

                                  

94% of endowments have been allocating to crypto-related investments

throughout 2018, a new survey published on April 12 reveals. The study was conducted in Q4 2018 by trade publications Global Custodian and The Trade Crypto, in partnership with blockchain security firm BitGo. Out of 150 surveyed endowments, 89% of the respondents were reportedly based in the United States, with the rest either in the United Kingdom or Canada.

The survey indicated that despite widely-reported concerns around regulation, custody and liquidity, endowments will continue to allocate investments to the new asset class — with only 7% of respondents saying they anticipated any decrease in their allocations over the next year. Jonathan Watkins, managing editor at Global Custodian and The Trade, remarked on the results of the survey,

stating that:

“All the talk over the past 18 months has been around when institutional investors will begin participating in cryptocurrency investments, but it turns out they had already arrived, in the form of endowment funds.”

The survey reportedly revealed that 54% of respondents were directly investing in crypto assets, with 46% investing via various kinds of funds. Over the next 12 months, 50% revealed they expect to increase their crypto investments, with 45% anticipating their allocations will remain at their current levels.

According to the survey, the top three characteristics that endowments are seeking when they select crypto funds are that they comply with robust regulation, have sufficient capital flow and liquidity and offer account security. The Trade suggests cautious optimism is an apt overall summary of endowment sentiment in regard to the nascent asset class, citing one respondent’s belief that crypto “is the future of investing,” and others’ characterizations of the process as “a very wild ride” and “hair-raising.” As reported, this February, the University of Michigan’s $12 billion endowment unveiled plans to bolster its investment in a crypto fund managed by U.S. venture capital firm Andreessen Horowitz.

Details of reported crypto fund investments from Ivy League titans Yale and Harvard surfaced in fall 2018 — the latter of whose ~$39.2 billion endowment for the 2018 fiscal year was the largest of any university endowment globally. Crypto investment claims have also been made for Stanford University, Dartmouth College, the Massachusetts Institute of Technology and the University of North Carolina. As reported this month, Harvard’s endowment is set to become a direct investor in a planned $50 million token sale from decentralized computing network Blockstack. If approved, the sale would be the industry’s first Securities and Exchanges Commission-qualified offering.

Article Produced By
Marie Huillet

Marie Huillet is an independent filmmaker, with a background in journalism and publishing. Nomadic by nature, she’s lived in five different countries this decade. She’s fascinated by Blockchain technologies’ potential to reshape all aspects of our lives.

https://cointelegraph.com/news/94-of-surveyed-endowment-funds-are-allocating-to-crypto-investments-study

Deb Williams (hodlthrive)

Cryptocurrency Price Trends Could Signal End of Bear Market Says Binance Research

Cryptocurrency Price Trends Could Signal End of Bear Market, Says Binance Research

                               

Bitcoin (BTC) prices and altcoin prices could have already hit their lowest point,

new analysis from cryptocurrency exchange Binance concluded on April 11. In the latest edition of its research bulletins, the exchange’s dedicated analytics arm, Binance Research, investigated various current phenomena and trends within cryptocurrency markets. Among them was correlation between Bitcoin and altcoin prices, data from 2014-2019 confirming that the 90 days to mid-March represented the longest period of high correlation in market history. According to historical behavior, such periods tend to trigger trend reversals. The 90 days to mid-March incorporated Bitcoin’s drop from $6,500 to around $3,100, leading Binance to suggest that markets could now rebound following the end of the record correlation period.

“Having emerged from a period of the highest internal correlations in crypto history, the data may support the notion that the cryptomarket has already bottomed out,” the exchange summarized. As Cointelegraph reported, Binance had previously eyed the changing relationship between Bitcoin and altcoin prices, concluding altcoins were becoming less correlated with Bitcoin but more so against USD. The latest bulletin also held insights about cryptocurrency’s investor makeup: institutional investors control around 7% of the supply, Binance says, roughly equal to one-thirteenth of the institutional control of the United States stock market.

Last week, another well-known voice meanwhile endorsed the narrative that crypto markets had bottomed. Thomas Lee, senior market analyst and co-founder of Fundstrat Global Advisors, pointed to three-year high readings on his so-called “Bitcoin Misery Inde (BMI) as potential proof that no further downside would occur. “The main takeaway is […] further evidence the bear market for Bitcoin likely ended at $3,000,” he wrote on Twitter on Thursday.

Article Produced By
William Suberg

William Suberg got into Bitcoin while completing his Masters degree and hasn't looked back since, writing about anything crypto-related which makes him sit up and pay attention. He started working with Cointelegraph in October 2013.

https://cointelegraph.com/news/cryptocurrency-price-trends-could-signal-end-of-bear-market-says-binance-research

Deb Williams (hodlthrive)

The revolution from Deb Williams