Tag Archives: crypto

Get Paid to subscribe

Get Paid to subscribe

As we move forward there are three facets to Markethive not available anywhere else.

  1. List all your social networks into the Markethive social account panel

  2. Subscribe to Markethive’s blogs

  3. Subscribe to Markethive’s Social Networks
  1. Twitter https://twitter.com/markethive
  2. Telegram https://t.me/markethive
  3. Reddit https://www.reddit.com/r/markethive/
  4. Instagram https://www.instagram.com/markethive/
  5. Youtube https://www.youtube.com/markethiveceo
  6. LinkedIn  https://www.linkedin.com/company/3666602/admin/
  7. Facebook  https://www.facebook.com/pg/MarketHive
  8. Pinterest  https://www.pinterest.com/markethive/
  9. Diigo  https://diigo.com/@markethive
  10. Medium  https://medium.com/@markethive
  11. Tumblr  https://www.tumblr.com/blog/markethive  

Here is why. Markethive is a blockchain with our own coin and our own economy, ecosystem. This means we can reward you, will reward you, for your following our social networks. Since we will have your accounts in Markethive, we will be able to check your accounts in Markethive against our social networks and set up a bounty program to reward you with ongoing coin.

As we ad being a media content provider and offer services like Press Releases and sponsored articles, having the huge social connections ads major value to our services, which ads additional revenue to our company, which means we will reward you because of this. Make sense? But it gets even more powerful and we need your engagement.

We are preparing to build a real Press Release system, similar to blogging, but syndicated and distributed to a huge database we are building of 1000+ news sites like Buzzfeed, Medium, Bizjournals, Marketwatch, Boston Globe, San Jose Mercury News and Yahoo news.

Syndication can also include your WordPress sites via Markethive’s plugin just like to our sites like Markethive.com, Markethive.net, Ewav.net, Aboutbitco.in, Iwav.net etc.

Now ad into this our ability to publish to our own social networks (8) each with 10,000 members and you get the picture. But it is even bigger than that. We will make it beneficial for all Entrepreneur upgraded members to enter their social groups into our Press Release system and sponsored article system, were as they are all set up to receive the press releases to all their social accounts. This will be another point of revenue as we grow.

So seriously learn the system, understand Inbound Marketing, learn how to write blogs and build autoresponders. If that is over your head, just upgrade to Entrepreneur and let us do the rest. Either way, you will come alive with Markethive.

CEO and Founder



Deb Williams (hodlthrive)

The Bulls Are Back In Town

The Bulls Are Back

Fully accredited and highly rated ICOs breaking records trending occurring

(Markethive is preparing to launch into the ICO market end of summer as an ILP)

By the end of the third week of April, the ICO market has “via ICObench” raised $50 million, that is seven times higher compared to the previous year. At the same time, the average rating of projects has been decreased to 4.0.  Korea took the lead of Top 5 countries with $27.2 million raised with ICO during the third week of April.

Overall, ICOs in April have raised already $90 million that is almost twice what has been raised in March during the same period. A trend to hyper growth is developing in the emerging block chain markets.

Awareness and the growth of new projects, companies and organizations are experiencing a renaissance of sorts. As the bear market thaws and Bitcoin and alternate coins are beginning to show life, the pundits are strong in their convictions we are about to head into another huge bull market.

Since ICO Bench made this announcement that the month of March 2019 surpassed the entire year of 2018 in funds raised for their top rated ICOs (7 above 3.5 ratings) the month of April tripled the amount invested in ICO Benches to rated crowd funding launches.

The cost to get rated is about $5000. With Markethive recently surpassing 10,000 subscribers, an Alexa ranking below 30,000, an active coin (not a promised token) the preliminary blockchain foundation built, a finished white paper, a finished company front page, and near completion IO site, we are confident we will be one of their rare systems to receive a 5.0 ranking

Crowd Funding launched just with this investors bench often raise over $10 million dollars just within their subscriber investors.

There are about 20 such rating systems for ICO and Airdrops which is what we are going to do.

It is not hard to speculate we are going to see unbelievable results with our public launch

But we need to get there and this is why we are calling upon all of you to contribute to this cause. It is for all of our benefits.

Our goal is to collect $10 million in the public launch via ICO Bench near summers end, to be used almost exclusively for marketing Markethive. All other ICOs need to raise the funds to build their promised dream all engineering to write the first line of code. Markethive has already built the promise. We are so far ahead of the rest. Now we just need to tell the world about us.

And we need you to help us pull this off.

You can help by installing the Alexa Browser extension here

You can help by upgrading to the Entrepreneur Program

The Big Private Funding Push is here

Do not miss our Sunday meetings. We are already gearing for this huge public launch. Live meetings is where you will hear it first.

Thomas Prendergast
CEO and Founder



Deb Williams (hodlthrive)

Chainlink LINK: Flying High in Current Crypto Market on Partnership News

Chainlink (LINK): Flying High in Current Crypto Market on Partnership News



Chainlink (LINK), the decentralized oracle middleware project

that helps smart contracts interact with real-world data, has been among the best performing crypto projects so far in 2019. Of course, bitcoin (BTC) has been the one leading the cryptoeconomy up as of late, being up 11 percent on the week, up 18 percent on the month, and up 73 percent over the last three months. Yet LINK has been putting up similarly optimistic numbers — the crypto’s price is up 43 percent on the week, up 29 percent on the month, and up 54 percent over the last three months in kind.

The crypto, which now enjoys enjoys a market capitalization of approximately $240 million USD, is currently priced at $0.068 — now more than halfway to its all-time price high of $1.28, which was reached during the peak of the cryptoeconomy’s last bull run in January 2018.

As the crypto ecosystem has seemingly started to turn bullish once more, many of the top coins’ prices have started to show new signs of life in the market. But LINK, a lesser known project generally speaking, has been one of the better performers recently — why? The answer to that question is undoubtedly a combination of things. First, Chainlink is tackling decentralized oracles, which could end up taking smart contract tech to the mainstream. It’s also the largest and most reputable project working on oracles, with Chainlink’s technical maestro Sergey Nazarov being a respected mind in the ecosystem.

A factor surely at play is Chainlink’s small, underdog status. Traders have likely looked at LINK as a coin that can grow higher and faster than top 10 crypto projects that have already become well established. Thus, Chainlink could provide a more aggressive bet than other coins at present. Another dynamic to consider is that the Chainlink team has been quietly racking up partnerships around the space. Decrypt recently profiled these partnerships, of which there are now approximately 30.

Hedera Hashgroup and Chainlink Partner Up

Chainlink’s latest partnership announcement came on May 9th, as the team and the builders of the Hedera Hashgraph decentralized ledger declared they had inked a deal. Specifically, the agreement will entail Chainlink helping to implement its oracle network into the enterprise-minded Hedera Hashgraph ledger. As such, those writing Hashgraph smart contracts will be able to leverage Chainlink’s oracles in the future. Jordan Fried — Hedera’s SVP of Global Business Development — hailed the collaboration as an advancement for the possibilities of smart contracts

in general:

“Smart contracts have already started to change the world, and how organizations and individuals do business, and we see Chainlink’s oracle network as a key piece of infrastructure to improve smart contract capabilities even further.”

The Hedera team also noted that the team-up would give Chainlink’s tech exposure to some of the “largest global enterprises” operating today.

LINK a Coin to Watch in Alt Season Cycle?

The debate is still on as to whether the cryptoeconomy has entered a full-fledged bull market cycle. If it has, though, Chainlink seems like the kind of coin worth keeping an eye on. Chris Burniske, a partner at the venture capital firm Placeholder, recently outlined how bitcoin seems to rally first, at which point traders disseminate their profits into altcoins that are viewed as “depressed” — i.e. undervalued. In his associated Twitter thread, Burniske didn’t mention any specific altcoin by name — “pick your alt,” he said.

Yet the possible tinderbox conditions around Chainlink seems to make it precisely the kind of “depressed” altcoin that could help lead the cryptoeconomy’s next altcoin cycle if the bitcoin price continues to push up. Nothing is guaranteed in crypto, and it’s impossible to say what will happen next in these markets. But in the very least, it’s clear Chainlink is an interesting project to watch going forward.

Article Produced By
William M. Peaster

William M. Peaster is a poet, novelist, and cryptocurrency editor. He is not a financial adviser. He enjoys covering both the promise and warts of the emerging cryptoeconomy.


Deb Williams (hodlthrive)

The SEC Has a New Exchange Traded Fund Application to Review

The SEC Has a New Exchange Traded Fund Application to Review


The U.S. Securities and Exchange Commission (SEC)

has posted a new proposal from Crescent Crypto Index Services, a subsidiary of Crescent Asset Management, for the launch of a crypto-backed exchange-traded fund (ETF). According to the application, the company, which is based in New Jersey, will be looking to monitor the performance of a portfolio of ether (ETH) and bitcoin (BTC). The fund has been named the “USCF Crescent Crypto Index Fund” with “XBET” being its proposed ticker.

It will also be sponsored by United States Commodity Funds LLC, a commodity pool operator which, according to the filing, is under regulatory oversight from both the National Futures Association and the Commodity Futures Trading Commission (CFTC). The new ETF proposal joins the list of proposals being reviewed by the SEC, including the Bitwise Bitcoin ETF Trust, an ETF proposal filed jointly by Bitwise Asset Management and the New York Stock Exchange (NYSE) Arca, and the VanEck SolidX proposal that has yet to be approved since it was first filed in 2018.

The fact that there are three separate ETF proposals is an encouraging sign for crypto investors, even though the SEC has yet to approve any of them. But in the last two years, numerous companies have failed in their bids to secure ETF approval, including the Winklevoss-owned Gemini Trust, ProShares and Direxion. Some other companies have also had to withdraw their proposals after several delays from the regulator. Among other rationale, the SEC’s stated reasons for denying these proposals rest on concerns over market manipulation and insufficient investor protection.

Article Produced By
Jimmy Aki


Deb Williams (hodlthrive)


UPDATE MAY 12, 2019

We have been busy with a lot to report. This will require breaking up the newsletter into 3 publications. This being the first; the following list of developments and announcements will be the points of discussion this Sundays meeting at 11am (central) May 12, 2019. The New Markethive Economy: (https://zoom.us/j/3318407963)

  1. Special Guest and new member to Markethive Shane Morand will be on our Sunday call with us. He will share his insights to Markethive and what we are planning on with bringing him into the system
  2. The Tutorial system is under way. Find out more.
  3. A mentor system may be in the works as well. Find out more.
  4. New Front page for Markethive.com reflecting the true nature of the Hive, a full Media Content provider Marketnetwork.
  5. New Front page for Markethive.net reflecting a different design with the new full media message. This has been developed for our mass media advertising campaigns. All referral signups that come here will rotate to ALL Entrepreneur accounts. Not filtered as the .COM does (it signs new referrals up to ACTIVE Entrepreneurs.
  6. NewsFeed upgrade now lists all new referral memberships to all members newsfeeds. Suggesting you tip the new members and ask them to be friends. Find out why we did this.
  7. A new referral system has been installed in your back office. Find out more.
  8. Free Members can now develop associates. Find out more
  9. We are breaking into new traffic levels with Alexa. Remember to install the Alexa extension https://www.alexa.com/toolbar
  10. Lead Capture report. Markethive systems when utilized are producing better quality leads with verified social accounts, emails and validated phone numbers. Effectively ending toxic false lead and paid lead issues.

This is a meeting you should not miss. We are on the final stretch to the public crowd launch goal to start building massive membership levels. Now would be a good time to upgrade to Entrepreneur before your opportunity to do so passes you by. There is a limit to these accounts. Find out why at the meeting

See you there,

Thomas Prendergast
CEO Founder
https://markethive.net or https://markethive.com

P.S. Don’t forget to get a copy of the Marrkethive ILP white paper


Deb Williams (hodlthrive)

Tron’s DAU Highs But Will TRX Respond and Rally? Dalmas Ngetich May 4 2019 7:00 pm

Tron’s DAU Highs But Will TRX Respond and Rally? Dalmas Ngetich | May 4, 2019 | 7:00 pm

  • Tron (TRX) prices drop 3.5 percent

  • Platform registers new dApp DAU highs

Tron’s superior dApp count and DAU is the reason why Misha Lederman, the network’s advisor of the Dapp Evolution Ecosystem is upbeat. Regardless, TRX prices are under pressure but technically bullish above 3.1 cents.

Tron Price Analysis


Misha Lederman is a Tron and TRX bull. He’s an ardent supporter as well a certified protector of the network. While Justin Sun has his fair share of criticism, what Tron represents and strive for cannot be dismissed. Adopting a delegated proof of stake consensus algorithm and introducing super representatives, their network is scalable and fast.

However, Tron’s value proposition lies not in their throughput but their TVM. Launched less than three quarters ago, it is compatible with Ethereum’s, and the icing on the cake is perhaps their irresistible offers. Because of that and incentives as Tron Arcade, for example, some projects did shift camps, migrating from Ethereum and settling for speed and scalability. Add that to the successful acquisition and tokenization of BitTorrent, and it is not hard to see why Misha is optimistic. In his latest tweet, he said Tron’s superior dApp and daily active user count is a testament enough of their superiority over competitors and that the platform’s potential is only beginning to show.

Candlestick Arrangement

Nonetheless, Ton (TRX) is under pressure, dropping 3.5 and 4.3 percent in the last day and week. All the same, technical candlestick arrangements are supportive of bulls. From our previous TRX/USD trade plan, the asset is trending within a bullish breakout pattern as TRX prices oscillate within a 1 cent range with caps at 2.1 cents and 3.1 cents on the upside. Currently, prices are ranging at around the breakout level at 2.5 cents, which is neutral but bullish. However, it is after there is a sharp move above Apr-30 highs confirming the double-bar bullish reversal pattern ofApr-25-26 that traders can begin loading up with tight stops at Apr-30 lows and targets at 3.1 cents. However, for trend continuation, prices must close above the consolidation at 3.1 cents as buyers of late Dec 2018 flow back.

Technical Indicator

As aforementioned, Tron (TRX) is flat, trading at 2.5 cents. Even so, buyers are in control as long as prices are above 2.1 cents or Jan-14 lows. Accompanying the next wave towards 3.1 cents must be high volumes exceeding 13 million of Apr-25 as laid out in our last TRX/USD trade plan. Conversely, losses below 2.1 cents must be with equally high volumes.

Article Produced By
Misha Lederman


Deb Williams (hodlthrive)

Ctrip Options Trader Is Buying The Trade War Dip

Ctrip Options Trader Is Buying The Trade War Dip

Stocks tied to China have taken a big hit this week,

including Chinese online travel company Ctrip.Com International Ltd CTRP 2.67%. Despite a 7.7-percent sell-off since last Friday, one option trader stepped in with some large bullish bets on Monday. Throughout the day on Monday, Benzinga Pro subscribers were notified of several unusual options trades related to Ctrip.

The Trades

The largest of the series of trades was a purchase of 2,864 Ctrip call options at a $44.50 strike price that expire on May 17. The calls were purchased at the ask price of 40 cents and represent a $114,560 bullish trade ahead of the company’s earnings report expected on May 21. The break-even price for the call options is $44.90, more than 10 percent above Tuesday's trading price. The large buy took place roughly an hour after another Ctrip options buy of 509 Ctrip call options at a $45 strike price that expire on May 31. The $50,900 bullish bet could have been made by the same trader.

Options Insight

Due to the relative complexity of options trading, options traders are often seen as more advanced than the typical stock trader. Even if they aren’t trading options themselves, stock traders often watch for unusual options trades to provide some potential insight into what advanced institutional or wealthy individual traders may be thinking.

Trade War Pessimism Overdone?

Monday’s Ctrip option trader may believe the stock has been unjustly punished on trade war fears. That trader may believe first-quarter earnings will surprise to the upside and/or a trade deal isn’t as far off as this week’s negative headlines suggest. If it's the same trader behind both trades, he or she took one position ahead of earnings and one position after earnings. The larger position expires prior to earnings and will only pay off if the stock rallies on optimism prior to the earnings date.

Unfortunately, bullish call buying can also be a hedge against a larger bearish stock position, and it’s impossible to be 100 percent certain if an option trade is a hedge or not. However, given the Ctrip option trades’ relatively small size, it’s unlikely to be a hedge in this case. At time of publication, Ctrip's stock traded at $41 per share.

Article Produced By
Wayne Duggan
Wayne is a Benzinga Staff Writer


Deb Williams (hodlthrive)

Regulators Ready to Approve Ethereum Futures CFTC Insider Says

Regulators Ready to Approve Ethereum Futures, CFTC Insider Says

The Takeaway

  • The CFTC is willing to let an ether futures contract go to market after soliciting market feedback last year
  • A futures contract might bring in fresh institutional funding to the crypto space
  • This, in turn, might reassure retail traders looking at the cryptocurrency
  • Futures might also cement the CFTC’s jurisdiction over ether, which at present is limited to enforcement actions

The U.S. Commodity Futures Trading Commission (CFTC) is willing to approve an ether futures contract – provided it ticks all the right boxes, a senior official has told CoinDesk. The CFTC, which oversees derivatives markets in the U.S., has already allowed bitcoin futures markets to launch, with both CME Group and Cboe Global Exchange offering cash-settled contracts at the end of 2017.

Now, the regulator is willing to oversee a similar product for ether, currently the world’s second-largest cryptocurrency by market cap, said the official. “I think we can get comfortable with an ether derivative being under our jurisdiction,” said the person, who did not want to be identified because the regulator does not typically publicize decisions to adopt new products. “We don’t do bold pronouncements, what we do is we look at applications before us,” the official said,


“A derivatives exchange comes to us and says ‘we want to launch this particular product.’ … If they came to us with a particular derivative that met our requirements, I think that there’s a good chance that it would be [allowed to be] self-certified by us.”

However, the CFTC would only respond to a specific application put before the regulator, rather than volunteer an opinion, the individual said. If proposed and approved, a regulated futures product would open up the ether market to broad institutional investment. “Many funds have mandates that do not allow them to buy the digital currency underlying,” said John Todaro, director of digital currency research at financial software provider Tradeblock. Further, a cash-settled futures contract, paid out in fiat rather than the underlying crypto, would allow hedge funds and the like “to gain exposure to ether without worrying about custody (which has been a bottleneck to institutional investment),” he said.

In the long run, Todaro added, a CFTC-supervised futures market “could usher in confidence among regulators such as the SEC [Securities and Exchange Commission] which could pave the way for an ETF,” an exchange-traded fund bringing additional liquidity to ether. An increase in institutional investment would, in turn, bolster retail investors’ confidence in ether, Todaro said.

CME and Cboe’s bitcoin futures, when they first launched, saw an immediate positive response, with enough traders trying to purchase Cboe’s contracts that the firm’s website crashed. The introduction of these futures contracts may also have contributed to bitcoin’s price skyrocketing to its all-time high of nearly $20,000. To be sure, some have argued that futures may also have hurt bitcoin’s price, though Todaro said that it is more likely that bitcoin’s price had already reached its peak and the approval of futures just happened to coincide with that time.

Learning process

The CFTC first indicated it was looking at ethereum in December when the regulator published a “Request for Input” (RFI) asking a number of questions about the world’s second-largest cryptocurrency by market cap, the market around it and the underlying technology.

These questions ranged from asking about proof-of-stake (the consensus mechanism that ethereum is expected to eventually adopt to replace bitcoin-style mining) to how ether deposits may be audited. The agency explicitly asked what impact the introduction of derivatives contracts might have on the cryptocurrency. George Pullen, a senior economist with the CFTC Division of Market Oversight, told CoinDesk at the end of March that the RFI sought industry and market input on the risks, mechanics and use cases for ether. In particular, the CFTC was looking to contrast ether with bitcoin, he said,


“After our initial public white papers, primers, on virtual currencies, bitcoin, and smart contracts it was clear that a one-size fits all approach to crypto was not appropriate and we needed to know more.”

The CFTC’s RFI will help the regulator to understand “the range of issues that might exist” around the ether space, as well as develop better relationships with the crypto community at large, he added. “It’s critically important for us to engage in outreach to understand the variety in technologies, markets, and the differences in the community; if we’re just listening to our own voices inside the building, the loudest voices in business, or just the voices in D.C. we could miss out on the bigger picture,” Pullen explained at the time.

A total of 35 comments were submitted to the CFTC’s RFI by trade associations like the Chamber of Digital Commerce, think tank Coin Center, startups Blockchains LLC and Circle, exchanges like Coinbase and self-proclaimed bitcoin creator Craig Wright, among others. The CFTC, or at least its Chairman, J. Christopher Giancarlo, is already pretty popular within the community, which has dubbed him “Crypto Dad” after he called for light-touch regulation around the space.

Power grab?

In addition to giving investors access to a new derivatives product, approving an ether futures contract may cement the CFTC’s regulatory authority over the underlying spot market. Notably, ErisX, a digital assets and futures trading platform (which wants to offer bitcoin, bitcoin cash, litecoin and ethereum futures when its derivatives clearing organization license is approved), believes that regulating a futures contract on ethereum would grant the CFTC some additional oversight on the ethereum spot market.

Thomas Chippas, the exchange’s CEO, wrote in his response to the RFI that a futures contract that “includes a settlement price set by a physically settled cash market” in the U.S. may improve the CFTC’s “ability to properly oversee or monitor the cash market for fraud and manipulation.” ErisX declined to comment for this article.

The CFTC likely already has some jurisdiction over the ether cash market, several lawyers CoinDesk spoke to said. However, this authority is limited. Anne Termine, who leads the futures and derivatives practice group at Covington & Burling LLP and was previously a chief trial attorney with the CFTC’s Division of Enforcement, told CoinDesk that the regulator has already clearly said cryptocurrencies are commodities.

“As such, the CFTC has limited regulatory oversight over cryptocurrency spot markets, namely the ability to take enforcement action whenever there is fraud or manipulation in these spot markets,” Termine said. Amy Davine Kim, chief policy officer with the Chamber of Digital Commerce, a D.C.-based blockchain advocacy group, noted that the regulator has “after-the-fact” enforcement jurisdiction over crypto spot markets in terms of fraud or manipulation, but no jurisdiction over exchanges simply conducting spot transactions.

Moreover, anything that is not a security is usually broadly defined as a commodity, she said. The question of whether ether is a security has not been officially resolved, but officials at the SEC seem to believe it isn’t. William Hinman, the agency’s director of corporation finance, said at a conference in 2018 that he does not see ether as a security.

His comments were seemingly affirmed by SEC Chairman Jay Clayton in March, who wrote that he agreed with Hinman’s analysis of when a crypto asset might not be a security, though he did not specifically name ethereum. Introducing a “futures contract would implicate the CFTC’s jurisdiction beyond anti-fraud and manipulation provisions,” Termine explained. The contract would have to trade on a CFTC-regulated futures exchange, meaning it would be subject to the regulator’s direct oversight.

Termine concluded:

“The implications for the broader community would be enhanced CFTC oversight over [ether] but potentially a legitimization of the cryptocurrency.”

Article Produced By
Nikhilesh De

Nikhilesh De

Nik is a news, regulation and institution reporter at CoinDesk. He was previously a news, science, technology and community reporter and editor with The Daily Targum. His work has been featured in The Nation and referenced by The Washington Post, ZDNet, Gizmodo, NJ Advance Media and The Philadelphia Inquirer. He owns 0.002507 BTC.


Deb Williams (hodlthrive)

Mysterious Crypto Whale Unveils Meteoric Bitcoin Price Target

            bitcoin price target

A mysterious crypto whale worth more than $35 million revealed his meteoric Bitcoin price target.

The anonymous Bitcoin whale, known only by his crypto addresses, has accumulated a fortune of more than 7,000 BTC. The crypto holdings are worth $35 million USD at the time of writing, and they’re mostly held in this wallet. He let CCN in on some seasoned technical analysis insights that suggest the Bitcoin price is well on its way to eclipsing the $50,000 mark.

Mystery Whale Caught the Crypto Big During the Early Days

This anonymous Bitcoin whale caught the crypto bug early on.The Bitcoin giant invested in the world’s leading cryptocurrency back in the early days. From there he picked a number of solid investments – Binance and Ethereum among them –

growing a substantial fortune

“I actively invested in Bitcoin back in those years when only in small circles knew about it. Before investing, I conducted a personal analysis of Bitcoin technology. I saw a great prospect for society in him and the financial system as a whole, which had already begun to change. We are still in the beginning and I see a huge potential in the cryptocurrency market and the blockchain technology.

Despite maintaining a positive outlook, the investor states that “not everybody will survive the crypto winter,” indicating that it may not yet be over in his eyes.

$50,000 Bitcoin Price Waits on the Horizon

While macroeconomic predictions should always be taken with a pinch of salt, the people who have made millions trading are perhaps the best ones to ask, and the enigmatic crypto investor had a lot to say on

future price action.

“I think we will see $50,000 Bitcoin in the next three to five years.”

The Bitcoin investor is not fully convinced that we have re-entered the bull market. However, he did state the market is

likely headed that way soon.

“I believe that we are either already seeing a bull market return. If not, we’ll see it in the coming months. One key indicator is the increase in exchange and OTC trading. Bitcoin consolidation above the 200-day moving average and the approximation of halving are also bullish.”

Anonymously Investing in Cryptocurrency and Blockchain

After becoming an early BTC adopter and investing in Binance tokens within months of launch, the anonymous Bitcoin investor said he turned his gaze to Roobee, an AI-based investment service, following in the footsteps of the anonymous trader who made over $200 million trading Ethereum.He said he transferred over 200 bitcoins to Roobee with a message saying, “In Roobee I trust,” and did it all without disclosing his identity.

An aspect of cryptocurrency technology which is both feared and lauded is privacy. Pseudonymity or anonymity is available to crypto users when transacting, a hotly-debated topic. Indeed, transferring vast amounts in total secrecy can often conjure images of illicit activity. However, the potential to make major anonymous investments highlights, once again, an important use case for crypto. The new technology can shield users from would-be attackers seeking to target high-value victims. While grassroots support is inarguably the driving force for cryptocurrency adoption, it never hurts to appeal to influential multi-millionaires at the same time.

Article Produced By



Deb Williams (hodlthrive)

Celebrity Crypto-Investments: A Boost for the Industry but Also a Distraction

Celebrity Crypto-Investments: A Boost for the Industry, but Also a Distraction
Celebrity Crypto-Investments: A Boost for the Industry, but Also a Distraction

Marketing loves celebrities — and with good reason.

They're “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This is why they've already proven important for the cryptocurrency industry, which has enlisted the likes of Lionel Messi, Floyd Mayweather Jr. and Steven Seagal for the purposes of drawing the public's attention toward initial coin offerings (ICOs) and new cryptocurrencies.

But while the above have simply been endorsements offered in return for what we can only presume were million-dollar fees, there are a number of other celebrities who support and have supported crypto more meaningfully. From Ashton Kutcher to Serena Williams, these are individuals who have actually bought crypto or invested in crypto-related startups. So instead of merely allowing their names and faces to be associated with altcoin X or exchange Y, they've provided an even stronger backing of crypto by actually putting skin in the game. However, as validating as it may be to hear of another celebrity staking their own money on the success of crypto, celebrity investments won't be enough on their own to drive widespread adoption of cryptocurrencies, since they still remain a relatively rare occurrence. Instead, the crypto industry and community still need to focus on the core fundamentals: building platforms that businesses and the general public actually want to use.

Venture capitalist celebrities

On April 17, tennis champion Serena Williams became the latest celebrity investor in crypto. She revealed via her Instagram account that she’d secretly launched an investment company, Serena Ventures, in 2014. And more importantly for the cryptocurrency industry, she also revealed that this company had invested in Coinbase, making her a backer of one of the industry's biggest players. It's not known how much Serena Ventures has invested in America's biggest crypto exchange, although Williams has won nearly $90 million in prize money over the course of her career, while she earned around $18 million in endorsements between 2017 and 2018 alone. She therefore has fairly deep pockets, indicating that her investment in Coinbase could be substantial — if not monumental.

Williams isn't the only celebrity to have stumped up venture capital for a crypto-related company. Arguably the most active celebrity investor in such companies is Ashton Kutcher, the actor and one-time Calvin Klein model who launched his own venture capital firm — A-Grade Investments — in 2010. Most notably, he invested an undisclosed sum in crypto transaction processor BitPay in March 2013, while in June 2014, his firm participated in a $12 million funding round for blockchain cybersecurity company BitGo, making it one of the most well-funded crypto-related companies at the time. These multiple investments indicate that Kutcher is a firm believer in cryptocurrency, as reinforced by his comments following the BitGo investment. "People ultimately want to feel like their wealth is safe," he was quoted by Forbes as


"Bitcoins themselves are incredibly secure, however the means by which bitcoins are exchanged and stored can be vulnerable. That is why BitGo is such an amazing platform."

Indeed, comments made about bitcoin at TechCrunch's Disrupt conference in 2013 show that Kutcher has been a cryptocurrency devotee for over half a decade — and in recent years, additional investments have reconfirmed his interest in crypto. In 2015, he launched a new venture capital firm, Sound Ventures, which later went on to invest in Ripple (and then to donate XRP worth $4 million to Ellen DeGeneres' wildlife charity in 2018). Sound Ventures has also invested an undeclared amount of money in exchange platform Robinhood, which expanded in February 2018 to offering cryptocurrency trading.

Kutcher may be the most committed and outspoken celebrity investor in cryptocurrencies and crypto-related businesses, but he isn't the only famous individual to be all-in when it comes to crypto. One other celebrity venture capitalist who flies slightly more under the radar is Nasir bin Olu Dara Jones, better known as the rapper "Nas.” Nas launched QueensBridge Venture Partners (QBVP) in 2014, when the firm invested in Bitfury Group as part of a $20 million Series A investment round. QBVP has also invested in BlockCypher and, more recently, Coinbase and Robinhood, while Nas himself has gone on record as saying that "Bitcoin will evolve into an industry as big, if not bigger, than the internet."

The mention of Robinhood here is interesting, because it seems to be a magnet for investments from celebrity-led funds. Aside from Nas (and Ashton Kutcher), the exchange platform also received funding in 2014 from rapper Snoop Dogg and actor Jared Leto, while in early 2018 it also benefited from funding from Jay-Z's Arrive Venture Capital. And speaking of celebrity overlaps in crypto-related investments, BitPay was on the receiving end of money not only from Ashton Kutcher, but also from famed investor/author/philanthropist Richard Branson, who took part in a $30 million Series A funding round in 2014.

Such forays into cryptocurrency funding may not be massively common in the celebrity world, but the fact that they are made by celebrities rather than “ordinary” investors and entrepreneurs should provide some encouragement. That's because, in such cases, the investors concerned are highly public figures who aren't putting only their money on the line when they invest in Coinbase, Robinhood or BitPay, but also their reputations. What's more, as CryptoOracle CEO Lou Kerner told Cointelegraph, their reputations really help to drive wider interest in crypto, particularly if the investors concerned are genuinely enthusiastic

about cryptocurrencies:

"Investment from a celebrity like Serena Williams often generates press, which has value, but it's pretty ephemeral. There are some celebrity investors, like Ashton Kutcher, that really dig in, leverage their celebrity status to help the company, and add real value."

Other industry figures agree with this assessment. Artem Popov, the co-founder of blockchain-based investment service Roobee, also affirms that celebrity investments can boost public interest, so long as these investments come from individuals who are personally invested in the

cryptocurrency space:

"Celebrity investments certainly bring hype and make the startup in question more appealing in the eyes of the general public and retail investors. If played right, celebrity involvement can be beneficial, but I believe it should be viewed on case-by-case basis and not taken out of context. For instance, in the case of Serena Williams we're not talking about her directly supporting blockchain or Coinbase."

Celebrity crypto ownership

As Lou Kerner adds, such celebrities as Ashton Kutcher and Nas are "the exception rather than the rule," since most of the celebrities who do associate themselves with crypto do so more in terms of superficial marketing endorsements. And there have been no shortage of these in recent years: Paris Hilton, Floyd Mayweather, DJ Khaled, Steven Seagal, The Game, T.I, Harry Redknapp, Ghostface Killah, Lionel Messi, Luis Suarez, Akon, Dennis Rodman and Shahbaz Khan have all rented their names out to cryptocurrency projects of one stripe or another. And what's interesting to note about such endorsements is that they were all for projects that were either likely to fail or downright fraudulent.

In other words, the distinction between celebrity investments and celebrity endorsements provides a useful rule of thumb. Generally, a celebrity will invest their own money in a crypto-related project because they really believe it offers value and will succeed as a business proposition. However, their willingness to be paid for their “endorsement” of a project obviously has no bearing on whether they believe in it, since they will get paid regardless of its success. It's for this reason that individual investors and traders would be better off paying more attention to investments than to endorsements.

But even if the number of celebrities who have actually invested in crypto projects can probably be counted on a few hands, there are also a number of celebrities who, rather than getting involved specifically in venture capitalism, have sought to invest in bitcoin, ether or some other cryptocurrency for their own personal advantage. These include the likes of Twitter CEO Jack Dorsey, actor Hugh Laurie, rappers 50 Cent and Snoop Dogg, singer Mel B, actor Drew Carey, football player Richard Sherman and musician/actor Donald Glover. Once again, that such people are public figures with thousands or millions of admirers is largely a good thing for cryptocurrency, since their enthusiasm for crypto is likely to rub off onto their fans. As Diego Mourad, CEO of the decentralized stolen item-database S4FE,


"People tend to form their opinions and decisions based on their role models, which today are celebrities and not necessarily politicians, scientists or academics. Celebrities have followers, sometimes millions of them. So by just one celebrity turning their attention to cryptocurrencies, millions may be encouraged to look into that topic."

Crypto must prove itself in its own right

It's not surprising that celebrities have been drawn to crypto — and that crypto-related projects have been drawn to celebrities — because, not only are celebrities usually always open to earning a little extra money via endorsements, but many of them also like to maintain their “fashionable” images and branding by associating themselves with the latest trends and innovations. This is a big part of the reason why they've publicly come out in favor of cryptocurrencies, and given that a large number of them also have plenty of money and time to spare, it's once again no surprise that celebrities have been in a position to invest in crypto in one way or another.

That said, it's possible to suggest that the involvement of celebrities isn't as beneficial to the industry as some might suppose. For one, it's clear that, in certain cases, the direct purchase of crypto and even the provision of venture capital by celebrities isn't as effective in enabling the industry to grow as the help provided by established investors and entrepreneurs. "For the core crypto community, however, the so-called 'whale' investors hold more importance,"Artem Popov said.

He continued:

"Being within the crypto and blockchain industry for long and driving it strongly forward, they bring much more value and trust to a project than just celebrities."

Popov claims that presale investments from large bitcoin holders could be more vital in supporting project’s launch and sparking community interest than anything most celebrities could have provided. And while such investments might not attract the wider public, it's generally the interest from seasoned crypto investors and the community that will help to build the new projects and products that ultimately will win mainstream adoption.

Diego Mourad also explained:

"In order to become the next step in our financial system, cryptocurrencies must prove their feasibility to the general public. Celebrities or not, this will be the one factor that will rule over the rise or decline of this new technology. Our society is still stuck in a primitive cash-transaction world and it will take some convincing to get them to move to the next step. Celebrities can help this become a reality, but the technology must prove it is worthy of becoming the next phase in our evolution."

Article Produced By
Simon Chandler

Simon Chandler is a journalist based in Hove, UK. He writes mostly about technology, with his specialties including cryptocurrencies, AI, VR, and social media. He also occasionally writes about politics, culture and music, and has contributed to the likes of Wired, the Daily Dot, the Verge, Computer Weekly, Techcrunch, Bandcamp Daily, the New Internationalist, the Kenyon Review, and Tiny Mix Tapes


Deb Williams (hodlthrive)

The revolution from Deb Williams