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May 2011

Bitcoin Price Tumbles 6% on Economic Growth Uncertainty



Bitcoin (BTC) had an outstanding run during the first half of the year as it climbed to new highs at the end of each month, but the month of July and August have not been as kind to the world’s biggest cryptocurrency. A lot has gone on over the past month and a half that has made it difficult to regain its momentum.

However, in August, Bitcoin started climbing considerably as it was thought to have been a hedge against the global risks that had been unleashed due to major macroeconomic factors. The biggest factor in this regard was the trade war between the United States and China.

Multiple Factors

As everyone knows, the trade war escalated significantly over the course of the past few weeks, and there were genuine concerns that it was going to escalate further. The United States President Donald Trump imposed fresh tariffs on Chinese imports and Beijing retaliated by devaluing its own currency. In such an uncertain investment climate, Bitcoin was being used as a hedge against such uncertainties, and naturally, its price climbed. However, it has now emerged that fresh tariffs are not going to be imposed until December (instead of September) and that has given rise to hopes that the trade war could be resolved.

>> SEC Files Lawsuit Against Veritaseum (VERI) Founder

Hence, Bitcoin lost its unique selling point for many investors, and its price crashed today. The price of the token went below the psychologically important level of $10,500, and that is particularly alarming considering the fact that the hopes of investors over the weekend had soared. At one point, the token was threatening to touch $12,000 and further. Despite the current situation, it needs to be kept in mind that the world’s two biggest economies looked like they were reaching a resolution of sorts, and then it all went haywire. In May, the two sides walked away from the table after being on the brink of an agreement. Hence, it must be said that hopes of a total resolution could well be a bit too optimistic.

Featured image: DepositPhotos © sdecoret

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Altcoins Join the Bitcoin Rally



Bitcoin (BTC) has been on an astonishing run this year that has almost mirrored the astonishing rally back in 2017 when the cryptocurrency touched almost $20,000 per token. However, earlier on in July, the cryptocurrency experienced declines and went below the $10,000 level.

Altcoins Moving Up

However, that seems to be a thing of the past now as the coin has regained its gains and is soaring again on the back of excellent momentum. In addition to that, due to the surge experienced by Bitcoin, other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and Ripple (XRP) have also experienced gains.

The previous 48 hours or so have been quite dramatic with Bitcoin gaining as much as 10% and reaching a price of $13,120 each, which is now within touching distance of $13,880, BTC’s highest level in 2019 so far. All the other cryptocurrencies mentioned above have also gained, and due to the colossal bump in total value, the entire crypto market has managed to reach a total valuation of $350 billion.

>> BrewDog Extends Its Crypto Investment Opportunity “Equity for Punks”

According to experts, Bitcoin is now approaching a critical point in the charts, where it can either soar to new highs or tumble down significantly. However, it is important to point out that most of the time when it reached such levels, the token has managed to go on impressive bull runs. Experts believe that this is a critical level and there is a possibility of the coin reaching new heights on the back of some positive news with regards to the crypto market or Bitcoin.

It is believed that news of institutional investment in Bitcoin could be the trigger that finally manages to push the token into new heights, from which it will be difficult to dislodge it. It is important to note that earlier this year Fidelity opened up a fund by way of which its institutional investors could invest in Bitcoin.

At the time of writing, Ethereum is trading at $312, up by 7%, while Litecoin jumps 4% to $125, and Ripple gains 3% at $0.398.

Featured image: DepositPhotos © artjazz

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One Company That is Bucking the Trends



Centralized Social Media platforms, like Facebook, Google, and LinkedIn to name a few, have been paramount and prevalent in our lives for nearly 2 decades, so many people are unaware of the technology that is available to us now. The upcoming platforms classed as Market Networks are a sovereign way to develop online communities, giving the power back to the people. With the onset of Blockchain along with Cryptocurrency, this absolutely levels the playing field. What this means is complete privacy, autonomy, and freedom of speech, as well as the ability to earn an income. There are a handful of new Blogging Community Platforms that have already risen using crypto by way of their own tokens as an incentive to use the platforms.

The Social Media platforms we have today are ultimately accountable to their shareholders and staff, and as an enormous amount of users utilize these platforms predominantly for free, forthcoming profit will not come from user engagement or user growth. It comes by other means which has been and is detrimental to the community at large. Centralization has also created tension within the communities due to algorithmic partisanship, rules that keep changing, banning, and deleting of accounts wiping out all the effort and results entrepreneurs have implemented to establish an online presence.

A New Era is Here

There are now new systems and platforms being built that have much better outcomes for humankind in every aspect, including economic benefits and privacy. Now everyone can enjoy all the benefits of a social media environment along with all the marketing and blogging tools and portals. Below are the vertical platforms we have now, all centralized. One organization, in particular, has incorporated all the different types of social media and eCommerce, all on one interface:

  • Social networking (Facebook, Google+, Webtalk).
  • Microblogging (Twitter, Tumblr).
  • Photo sharing (Instagram, Snapchat, Pinterest).
  • Video sharing (YouTube, Facebook Live, Periscope, Vimeo).
  • Networking Business & Employment (LinkedIn)
  • eCommerce (Freelancers, Coin Exchange)
  • Content & Blogging (Medium, Quora, Steemit )

Markethive is recognized as the next phase that has evolved from Social Networks. Having commenced over 20 years ago as an Inbound Marketing platform via Veretekk, it now has the technology that is capable to combine the scalable network effects of Facebook or LinkedIn with the lucrative revenue models of Saas and marketplace hubs like eBay and Amazon. It has vertical platforms like freelancers and coin exchange, and a collaboration niche for commercial artists, writers, voice & video services. It is 20 years of proven technology, merging with the blockchain. It’s built on a higher generation blockchain to make it possible to handle large social groups.

Thomas Prendergast, Markethive’s CEO, stated:

“Markethive was built on the foundation of 20 years of proprietary technology and has been running live with 1000s of subscribers in beta for nearly 4 years. Markethive’s mission is to create a universal income for entrepreneurs, using our multiple platforms built for the entrepreneurial markets. Markethive has a working product, starting out 20 years ago as Veretekk, then segwayed into what is now Markethive which is launching on the blockchain.”

To find out more, I spoke to some of the members who are in long-standing: 

David Ogden, Markethive Entrepreneur, said:

“Markethive is no flash in the pan marketing system, it was born out of Veretekk, developed by Tom Prendergast, who is a master in marketing. I joined Veretekk around 2000, The system produced endless quality leads and an email system to communicate with them. The system was free and could be used to build any business. The rise of the Blockchain offers more security with a distributed network.”

Dennis Roeder shared:

“I first became acquainted with Thomas Prendergast back in 1988. There was always open communication and direction on what was in the development stages and what to expect. Mr. Prendergast had a divine vision to produce a system that would be entirely free for members to use the marketing tools. Veretekk slowly evolved into a company named Markethive which was designed to be a Free to members platform. Then along came the Blockchain and Bitcoin, and that gave a reason for Markethive to be the ‘go-to’ Market Network for entrepreneurs. Members will have free access to the tools plus as they use the system they can be paid using a new term called Universal Income.”

What is Underpinning Markethive to Ensure Its Viability?

Markethive’s innovation is producing Mining Hives that create massive surplus electricity built on total 100% green energy. Along with Hemp/Medicinal Cannabis cultivation, it’s sure to be a winner in the blockchain space and crypto industry. With its own coin exchange, ease of liquidity and underpinned by a plethora of Inbound Marketing products for its End Users, it’s a complete Ecosystem for Entrepreneurs, Bloggers, and Commercial Artists. This is a platform to keep an eye on as it comes up through the ranks. This is going to disrupt Social Media and all forms of marketing as we know it.

Mr. Prendergast said:

“We produce the coin to give as an incentive to sign up in Markethive as PayPal did. We are not using the coin to raise money. It’s not speculative but has the ability and potential to become very valuable due to many products and services that are in high demand. So pump and dumps won’t affect the company or its revenue. It’s not dependent upon speculation of their coin. We are dependent upon delivering services and products people want whether the coin is up or down, which in turn will increase the value of the coin despite the markets.”

The era representing the rise of the entrepreneur has arrived, while other organizations, inbound marketing providers, blockchain implementers, and cryptocurrencies are still frozen in time.

With Blockchain, cryptocurrency, inbound marketing, and decentralized database technologies, Markethive has constructed a social market network that provides a “Universal Income.” Markethive’s culture is one of innovation, and the ECO-SYSTEM is part of the New Revolution. It is 27 years of proven technology, merging with the blockchain. This will result in a flotilla of money machines driving the basic platforms while creating an eco-center for entrepreneurs, where they can create and maintain a livable income while turning their ideas and concepts into reality.

Markethive Entrepreneur, Richard Mathiason, said:

“I have been with Thomas Prendergast since Veretekk. I enjoyed being a Trainer at that time and using Veretekk to gather Leads. Thomas has always been ahead of the times in regards to marketing. The free marketing tools that he has developed over time have been amazing.”

Richard went on to say:

“Technology has finally caught up with Thomas’s Grand Vision. We are now able to correct some problems that all social networks have. We are moving the Network to a Blockchain to showcase our Privacy Policy, decentralize the platform to make it harder to hack, adding 4 levels of Security and creating a Wallet that will only allow you to have control of your network.

“The best part is that Thomas is a good friend and he will drop everything to help someone out. Thank You for being my friend and for Markethive, the best social/market out there.”


It’s just a matter of time until nearly all independent professionals and their clients will conduct business through the development of tight-knit collaborative Market Networks within specific industries.

Starting NOW, there will be many more forward-thinking entrepreneurs stepping forward, with their sights set upon creating increasingly innovative, highly synchronized business models and solutions to doing business in the 21st century and beyond. Those who will be most successful will not only keep up with the speed at which technology continues to change, but they will align themselves ahead of the curve at all times.

Market Networks will have a massive positive impact on how millions of people work and live, and how hundreds of millions of people buy and sell better services.



Markethive is the next generation Social Market Network on Blockchain bringing privacy, autonomy, and free speech to the people. Integrated into the system is an entire Inbound Marketing Suite, Ad Agency. eCommerce portals, Digital Media, Exchange, and e-wallet forging a sustainable ecosystem for entrepreneurs of every caliber.







This article was originally published on Steemit.

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Bitcoin Cash Will Be Available on HTC’s Blockchain Phone

Bitcoin Cash

Bitcoin Cash

Over the past few years, plenty of cryptocurrencies have been created that have further broadened the ecosystem, and one of the most important ones is Bitcoin Cash. On the other hand, it has to be taken into consideration how a crypto ecosystem is emerging pretty quickly, and one of the recent developments in this regard are crypto phones—or blockchain phones.

Over the past weeks, companies like Samsung and LG have announced plans to introduce crypto smartphones, which is why the latest development with regards to HTC is not really a surprise.

Important News for Bitcoin Cash

In a new development, smartphone manufacturing giant HTC has teamed up with to support BCH on the crypto wallets in HTC’s blockchain phone. published a press release on Monday and announced that it is going to come in as a long-term partner with HTC. Due to the consummation of this partnership, the two will now work together on the Exodus 1 smartphone from HTC and ensure that the built-in crypto wallet supports Bitcoin Cash. This is another development that seeks to make it easier for people to store their BCH tokens. If the whole thing becomes easier, then there is every possibility that the demand for these tokens will rise as well.

>> International Central Banks to Question Libra Over Security Concerns

On the other hand, it is also important to note that this move from HTC is an indication of the fact that the smartphone maker is trying everything to claw its way back into the market. Back in 2018, the company’s market share dropped to an abysmal 1%, and maybe the company believes that the introduction of a crypto phone might just be the tonic that it needs.

That being said, it is necessary to keep in mind that HTC is a believer in cryptocurrencies and has been involved in a range of projects over the past months. The partnership with and the inclusion of Bitcoin Cash looks like a deliberate effort.

Featured image: DepositPhotos © perig76

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