Markethive Banners, Slides, Infographics — Free And Available 

Where Are They Located On The Markethive Platform? 

Markethive Banners Available FREE

Markethive has an expansive suite of marketing tools freely available for you to use, including a large assortment of banners designed for placing and promoting Markethive outside the Markethive platform on any advertising site or web page you choose. Sites such as Google Ad-sense, Warriorforum, IBOtoolbox, wahm.com, forums in general, most importantly, sites that have traffic. 

The Markethive banners come in many sizes that meet the criteria of the various sites. You have a choice of Animated and Static hosted that are hot-linked to you personally for your unconditional usage. There are also numerous Markethive Slides you can use for videos, PowerPoint presentations, and Articles.  The Infographics which have a plethora of information about Markethive are hot-linked for your references and can be used in your advertisements. 

All of these eye-catching banners and images can be found in the Markethive.Banners Group in the Blog Posts section. 

Click here, Markethive is Completely Free To Join

An array of banners are also accessible in the Referral Program section which can be found on the Markethive Home Page menu. This is also where you can remotely share your referral link to your social media profiles. Your referral link will be automatically included so you get the referral.

Note: There are more social networks to be added to the sharing interface as Markethive moves forward with its integrations. 

Click here, Markethive is Completely Free To Join

The Banner Program

The Banner Program is predominantly for advertising any other independent business or Markethive’s special offers to members on the Markethive platform and not to be confused with the Markethive Banners explained above. 

These banners are displayed at the top of Markethive’s pages internally and also on the complete Markethive Network which includes the many websites Markethive owns. This is Prime real estate and means your banners are not just viewed by members within Markethive, but also to the vast internet traffic and onlookers. 

At present, there is one banner size of 960×80 accepted on this platform and unlike the Markethive Banners, which are accepted on other advertising sites, they must be on a white background whether they are animated or static. Research shows this to be very appealing to the onlooker and sets a high professional standard for the Markethive Platform. They must fit visually with the rest of the content.

These banners are not predesigned for you. You must either create the banner or appoint someone to create it for you. If you would like to design one, here are two sites you can utilize;

https://www.canva.com/
https://www.bannersnack.com

Guidelines To Adhere To When Creating A Banner

Markethive.com and its affiliated media web sites receive large amounts of website traffic. To display one banner is included with your Entrepreneur One level membership. Until we deliver “impressions” you are limited to 1 banner with a duration maximum of 7 days (renewable). Compare pricing with AMBcrypto Banner Ad (Top Content) at $5,500 per month.

Banner rules and standards are as follows:

• No adult content, hate speech, porn or otherwise controversial material.
• Ensure your banner is sized to 960px x 80px.
• No Borders
• Backgrounds must be white
• Images must not touch the border and can only be 20% of the banner area
• Unprofessional banners or those that violate these guidelines will be rejected.
• Animated banners (gif) are accepted.
• Low resolution, chopping edged fonts, will be rejected.

Every banner must be approved by the banner quality control team. This is to your advantage and improves the success of your banner and keeps the level of quality design in Markethive high.

Click here, Markethive is Completely Free To Join

The Hive Keep Group 

Alternatively, you may get one of Markethive’s designers to create one for you. We are open for business right now. As we build out to the supergroup "upgrade" we will have a splash page with payment options. Once the new Vault is completed, additional options will occur. When the wallet gets delivered we will also be accepting MHV coin.

Entrepreneur One Upgrades get one free banner designed by the Hive Keep design group. Additional banner redesign or designs are $100 per banner job. Furthermore, The Hive Keep Group will operate as a professional Ad Agency which will require a retainer, and to assist you with your advertising and business needs are award-winning designers, top-notch engineers, and proven copywriters. Everything you need to build and facilitate your business with the utmost professionalism. We will be configuring the system to offer a $100 credit per month for Entrepreneur subscribers.

Click here, Markethive is Completely Free To Join

Conclusion

There are so many facets to Markethive, as it is a complete Market Network with a Social Media interface. It has everything you need to succeed in whatever it is that you do online, including the potential of extra revenue made available to Entrepreneur One (E1) associates through the Banner Program. Even as a free member you can access all the inbound marketing tools and Markethive, the company, will pay you via the micropayment faucet system. This is activated by just referring 3 people to join you on this platform where your privacy and sovereignty are of the highest priority.   

There have been 20+ years of high energy poured into Markethive. This is a Divine inspiration and places all of the members of Markethive first and foremost. So get busy, check out the available Markethive banners you can freely and unconditionally use to promote Markethive across the World Wide Web. 

 
 Click here, Markethive is Completely Free To Join
 

Happy Marketing! 

Click here, Markethive is Completely Free To Join

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

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Covid-19 Takes Its Toll While Markethive Thrives

As the situation worsens with the Coronavirus on a global scale, we are promised unprecedented financial aid by governments, not to the big banks as was carried out in the GFC of 2008, but to the individuals of the population in many countries in order to stimulate the economy. President Trump announced a $1,200+ payout to each US citizen to help at this time of crisis. Other countries have pledged similar as a helping hand to individuals and communities to lessen the blow of financial hardship.

 Further handouts have been proposed in the coming months as authorities speculate there is no quick fix to this pandemic that has financially hit and devastated small businesses, the entertainment industry, hospitality, travel industry, and sporting codes and clubs, and the people who are either employed or use the services. The whole world is virtually in lockdown bringing devastating effects to the world economy. 

Uncertainty And Contingencies 

The W.H.O and “powers that be” confess they have never experienced anything like this. This is something very new and the dichotomy being although we are urged to isolate, now mandatory in many countries, the world is uniting on a virtual level to beat this critical situation. Some brick and mortar businesses may never recover and there’s an urgency to conduct their businesses solely online with logistics and delivery services being revamped to accommodate this new way of living.  

Rest assured we will see an end to this present catastrophic state of affairs, however, the world and how we do business will change. I like to think this is for the greater good and with the advancing technology, we have today with Blockchain, cryptocurrency and quantum computers that have the capacity to connect in every part of the world bring a more self-sovereign way of life, with the freedom and financial independence we all deserve. Markethive is the only company to date with this vision and Plan to integrate this monumental undertaking. 

Markethive Thrives Amid The Covid-19 Devastation

As the offline business world comes to a stand-still or collapses, Markethive thrives. Entrepreneurs know this is where we are heading. The only platform that offers every individual self-sovereignty with the opportunity to capitalize on the many different services and products Markethive is rolling out. Entrepreneur One will include every reseller program starting with the Banner Impressions Exchange, then the Press Release Exchange, The Boost Advertising, Video Advertising, in fact, every aspect of Markethive will be available to the Entrepreneur One Upgrades to run as their own businesses within Markethive. 

Markethive will not be selling those services to Markethivers. Only Entrepreneur One Associates will be able to sell them. Markethive only requires the $100 per month subscription from you. You are then allocated your portion of banner impressions, press releases, etc, to resell them to the Markethive community of which there will be millions. Keep in mind the number of E1 Upgrades is capped at 500.

This is on top of the 1/10th ILP (Incentivized Loan Program) you receive after 12 consecutive payments of your Entreprepreneur One Loyalty Program. This continues to accrue every year you are current, up to 10 years. This in itself will bring you huge dividends as the limit of ILPs is 1000.

In a recent interview, CEO of Markethive, Thomas Prendergast says,

“This is truly a god-given, spiritual concept that is brilliant, to create an entry-level program of $100 per month. As we expand Markethive Entrepreneurs become an authority to conduct their individual businesses and capitalize on the Markethive products and services. I, as the CEO of the company, is an Entrepreneur One upgrade just like the others and just join in with what they are doing and let Markethive be that foundation of equality. It’s a concept I don’t think anyone has even considered before.” 

With the advent of the stimulus package, the governments are doling out to every individual, the likelihood that the 500 Entrepreneur One Upgrades will be maxed out sooner than first expected as many Markethivers will make good use of the money by investing in their own future and financial security by upgrading to Entrepreneur One Level. So the Entrepreneur Two Loyalty Program is currently in the works which do not include the Banner Exchange or the 1/10th ILP. More about that in this article…

https://markethive.com/group/marketingdept/blog/markethiveloyaltyprogramsyoudontjustsavemoneyyoumakemoney  

Markethive — A Force To Be Reckoned With

Our Alexa rank currently at 5,146 puts us in the top .0001% of the billions of websites on the internet. Markethive is in the cream of the crop of the most visited and active sites. Markethive is exponentially growing as people who join see the good it’s doing for the individual and opportunities it is creating, open to everyone. So we will expand into the millions, just like LinkedIn. 

But even as it stands now, Markethive is receiving more than 60 million page views per month! This is increasing daily. What does that mean for the Banner Impression Resellers?  Popular websites are selling impressions for up to $0.10 cents. But let’s just do the math and sell them for a penny, ($0.01 cent). The allocated amount of impressions for each Entrepreneur One will generate an income of $1,200 and of course, you can expect that to increase on a monthly basis. 

Once we have the Press Release Reseller program in place you’ll be able to sell Press Releases for $10,000 each. This is what digital news sites with an Alexa ranking doubling Markethive are selling for. The following on the various social media platforms also plays an important role. Markethive is also exponentially growing there too with a following into the 10s of thousands. The only way is up now.  

Entrepreneur upgrades will be given a set amount of press release slots each month to on-sell to anyone who wants to publish their story. As an Entrepreneur Upgrade, you will also be able to buy more should you need them from Markethive at a fraction of the cost you would sell them for.

Thomas Prendergast explains,

“The reason we’re doing this is so that you as the individual have all of these cottage industries so you can make money, You don’t have to go recruit anybody. This is not MLM or affiliate marketing, it’s a referral business which completely works differently and instead of us taking all the money from the banner impressions, press releases, etc, you are responsible for using the system, that’s why we give it away.”

He goes on to say, 

“There is a spirituality to this, I was given the instructions and the blueprints intuitively to build the system as powerful as this and to give it all away. Where I can make my money is selling the services Markethive represents, like banner advertising, press releases, broadcasting, etc. So designing it so that you get your share of our traffic, which you are responsible for helping us build, you pay us a flat rate by way of the Entrepreneur Loyalty Program and you sell Markehive’s services thereby making you a cottage industry, not an affiliate, not Multi-level marketing, and now not even a referral. This is a completely different animal which can literally mean a significant income for the rest of your life!” 

The ILP is another income stream, which as we move forward and introduce the Apprentice and Journeyman programs which are upgrades similar to LinkedIn, for prices similar to LinkedIn. Members will have a big advantage in Markethive for as little as $20 per month that millions of people will subscribe to as they see the benefits that Markethive offers.   

Click here, Markethive is Completely Free To Join

Markethive Projections — Realistic And Viable

Statistics show that 39% of LinkedIn users have upgraded to one of their paid memberships. They have just tipped 500 million members. So let’s be conservative and project only 20% of 10 million Markethive members which equates to 2 million upgrades to the Apprentice Membership at $20 per month = $40 million. 20% of $40 million for the ILP holders = $8 million, divided by 1000, (the maximum amount of ILPs) = $8,000 per month, per ILP. This equates to $800 per month for a 1/10th ILP.
   
As Thomas passionately states,

Do you guys not get this? This is legitimate! I know that you have probably never dealt with this before and someone being so generous. What’s wrong with being generous? There is nothing wrong with being generous! It’s not found very often in the world but those of you that know me, I’ve been doing this for over 20 years and this is what drives me! 

I am not a materialistic person, I do not have greed in my blood. I have decided if I’m going to be a success, you’re going to be a success. I will not build my success on the backs of your failures. I am going to build my success arm in arm with your success. I really hope that makes sense?”  

Click here, Markethive is Completely Free To Join 

A Wrecking Ball

Just as President Trump is seen as a political wrecking ball in the eyes of some, as he tends to defy the political norm, it can be argued that he is not left or right, he’s an entrepreneur and a president for the people, the little guy. So too does Thomas Prendergast shine in a similar light, a mini wrecking ball, with a mandate to bring down and crush the ethos and inequality of MLM and replace it with a legitimate system where every single person succeeds.

Markethive has been in Beta for nearly 5 years, but here is the good news about it taking so long to build. It is very unlikely that a company will try to copy what Markethive has or is doing. Markethive is a massively huge project of all linear platforms along with its own financial ecosystem. As we gain more revenue with the first tipping point of 500 Entrepreneur One Upgrades, we accelerate a lot faster, the more traffic we have, the more services we can deliver along with the planned money-making machines exclusive to the Entrepreneur Loyalty programs. This just leverages the complete system to grow even faster and become more profitable for everyone. 

Markethive Is A GrassRoots Company

As Thomas says, we are grass-roots. Think of it as virtually impossible to put a fire out that is burning on 400 million acres at the same time. So once it gets going it consumes everything and that’s what Markethive is. Not just one person making trillions of dollars and the rest make nothing or lose, everyone has the opportunity to make money. Of course, the Entrepreneur Loyalty upgrades and who have invested in the ILPs stand to make a considerable income, plus members who are more active and using the system will definitely make more than someone who sits idle hoarding their 500 MHV they received upon joining Markethive. What you sow, so shall you reap. 

We are very close to launching our wallet and when we do, the number of coins given away as airdrops will be reduced because there will be a real need for it. The MHV coin becomes fungible, more valuable as the ecosystem’s viability and velocity increases. If you’re a marketer and want to take advantage of the huge traffic and exposure the Markethive platform offers, but not an Entrepreneur One, you will need and want the MHV to pay for its banner impressions and digital media services available from Markethive’s Entrepreneur One Associates. There will literally be millions of prospects coming into the system who are looking for what you are selling. 

Click here, Markethive is Completely Free To Join

In Closing

To sum it all up, although this invisible war has almost stopped the world in its tracks with millions of employees and businesses feeling the blow economically likened to the great depression of 1929, the online world of business and social media is sitting pretty as its the only way to communicate and transact while we are all isolating. 

Markethive is the one place where real earning capacity is alive and well right now and for the long term future for all. Right now we accumulate MHV, ready for the exchange and wallet to come into effect. The Entrepreneur One Loyalty Program is the whale that will take you to the next level giving you the ability to make an incredible income. 

Click here, Markethive is Completely Free To Join

This is perfect for the non-recruiter as your customers are already there as part of the Markethive community. It is also perfect for those who would rather just invest and reap the rewards of the interest payments with the Incentivized Loan Program (ILP). This in itself will provide a significant income. 

This is the genesis of a new world. The Coronavirus war will end one day, but the world will not return to the way we know it. Now more than ever we will be relying on technology and Web 3.0, so the safest and logical way to go to achieve financial freedom, peace of mind and self-sovereignty is online with a Blockchain driven Market Network that was divinely-inspired and will withstand and survive the perils the world is now facing. 

Remember, the ILPs are capped at 1000 and the Entrepreneur One Upgrade is limited to 500. There are a few left. What will you do with your Covid-19 Aid Package? 

Become an Entrepreneur One Reseller today and be the owner of your Cottage Industry Turnkey system at Markethive… https://markethive.com/upgrademe

Click here, Markethive is Completely Free To Join

Click here, Markethive is Completely Free To Join

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

What makes you happy? Have you thought about that? I don’t mean winning a lottery happy, but everyday little things? Recently a dear friend of mine asked me that question.

I had just gone through an extremely difficult time, experienced a huge loss, as well as significant challenges in many areas of my life, all at the same time. I don’t know about you, but I tend to keep these things to myself. I decided, however, to share with her during one of our regular catch up calls what was really going on in my life at the time, instead of putting on a happy face and positive spin on everything, I spilled the beans.

By the way, it’s perfectly OK to feel down and unhappy, just don’t stay there. Recognize and acknowledge the feelings, feel them, then make a decision to let them go. For sure this is way easier said than done, but the choice really is yours. Focus on the good, be grateful.

So, after pouring my heart out, and sobbing, and sharing with her all the stuff that was and had been going on in my life, she said four little words — what makes you happy?

What? Had she not been listening? I told her that I didn’t know what made me happy, nothing made me happy, everything was going wrong in my life. Then this dear friend, who obviously listens when I speak to her, proceeded to list several things that I had told her in the past that I enjoyed and made me happy. Not one or two things, not big winning the lottery things, but small everyday things that I had shared with her that brought joy to my life.

Things like a sunny day, warm weather, the home where I live, the people in my life, the work that I do, watching old movies, eating potato chips, reading a cozy mystery — nothing big or extraordinary, but all the little things that make me happy.

She pointed out that it was time to shift my focus. So, I started to ask myself several times throughout the day, what makes me happy? I found myself thinking that catching the green light makes me happy, a really good cup of coffee makes me happy, my boots make me happy, a warm coat makes me happy — I’m sure that you get where I’m going with this.

It is so easy to get sucked into the quagmire of negativity. Often, we’re not even aware that we have done so, until someone reminds us, or we have an epiphany and ask ourselves how we got to this negative place. And let’s not forget, what we focus on expands.

After a few days of asking myself several times during the day what makes me happy, I began to shift my focus and simply started to feel joy and gratitude for all the wonderful, simple things that really make me happy. If you think about it, it really is the small stuff that brings the most joy into our lives on a daily basis.

Now it’s time to ask yourself, what makes me happy?

And to my dear friend, I say thank you for reminding me of what is important in life.

Best Regards To You From,

Goran B Edstrom — PROUD MarketHive Entrepeneur ONE Member.

https://www.youtube.com/watch?v=h5r5jjW75kc&feature=youtu.be

Markethive is here and brings a whole new level to empower people.

A PATH TO SELF-SOVEREIGNTY. THE SOLUTION TO OPPRESSION.

Markethive is here and brings a whole new level to empower people. Markethive is truly a blessing and a vision to bless Entrepreneurs. Entrepreneurs are the lifeblood of liberty and freedom, liberty and freedom is a gift from God, so Markethive is a vision God is using to bless people. Unlike all other platforms where you pay to use the linear systems to fulfill your marketing goals and business outcomes, Markethive’s inbound marketing platform is free to use, along with the collaboration and social connections found on the Markethive social media platform. In today’s online world this is a blessing and unrivaled by any other platform out there today.

Not only does Markethive give this platform for free but the system pays you in MHV coin to use it. (Just refer 3 people to activate the Micropayment Faucet System) This means as a free member you can earn and accumulate MHV coins to buy services, products, banner impressions, in fact, anything on the Markethive platform once these systems are up and running. You will even be able to convert MHV to your currency once the exchange, wallet, and KYC are implemented.

Markethive is the Architect of the Social Market Network. It’s FREE to Join and get paid to Market your own Business with access to every Marketing Tool you will ever need.

MarketHive : Market Network for entrepreneurs.

Get 500 mhv Coins, PLUS $2,000 + Per Month System FOR FREE!!

MarketHive is a social marketing platform for entrepreneurs that has the combined power of Facebook, LinkedIn, Marketo and Amazon.

Andries van Tonder.

Click here, Markethive is Completely Free To Join

Click here, Markethive is Completely Free To Join

Bitcoin’s halving could push coin’s price to ‘just above mining costs’

Bitcoin’s halving is just 51 days away, but the debate on Bitcoin‘s price gain/loss post the big event has been going on for a long time.

While some people believe that the halving is already priced in, others are of the opinion that the halving might result in the price of the world’s largest cryptocurrency. For context, the halving happens every four years and it reduces Bitcoin’s block reward by 50%. The upcoming May halving will reduce the block reward from 12.5 bitcoins per block to 6.25 bitcoins per block, and supply inflation from 3.72% to 1.79%. In fact, a recent Kraken report had noted that this would be the first time Bitcoin’s inflation rate would fall below the 2% inflation target used by most central banks for their respective fiat currencies. The attached chart pictures the performance of Bitcoin post its previous two halving events. The first halving took place on 28 November 2012, when the price was $12.50, while the second halving took place on 9 July 2016, when the price of Bitcoin was $650.

Data suggests that Bitcoin’s price has always recorded bullish movement over the long-term, post its halving events. Alas, the coin might not follow the same pattern this year, given the economic fallout caused by the COVID-19 pandemic. However, with many institutional investors entering the crypto-market in recent times, the impact of 2020’s halving might possibly explain whether previous Bitcoin price increases were in fact caused by the block reward halving, or if they were merely a coincidence. Popular trader Peter Brandt recently tweeted that the impact of the block reward halving is less relevant for Bitcoin’s (BTC) price. He referred to Bitcoin’s halving as ‘Grossly overrated.’ In fact, just a few days ago, Mike Novogratz, CEO of Galaxy Digital, had also noted that when it comes to the direction in which the Bitcoin price is headed, it is always a “confidence game.”

Interestingly, on a recent podcast, Bitcoin miner and cryptocurrency investor Kris, being someone who has got skin in the game, gave his predictions for the upcoming halving. Noting that there were a lot of new elements in the Bitcoin ecosystem at present on the institutional end, he asserted that the price of Bitcoin would go up, post the halving event, not to a $20,000, but somewhere between $9,000 -$12,000, “just above the mining costs.” This is a crucial observation as many speculate that Bitcoin’s struggling price, coupled with the upcoming block reward halving, could lend a blow to the fortunes of miners, especially smaller miners, since they won’t even be able to break-even, pushing them to abandon mining altogether or selling their rigs to larger pools. If post-halving, the price of Bitcoin is indeed “just above the mining costs,” miners may be more inclined to stay in business.

Article Produced By
Rakshitha Narasimhan

A Psychology and Journalism graduate, Rakshitha focuses on UK and Indian markets. As a crypto-journalist, her interests lie in blockchain technology adoption across emerging economies.

https://eng.ambcrypto.com/bitcoins-halving-could-push-coins-price-to-just-above-mining-costs/

Markethive's goal is to be among the most recognized brands in the world through it's social marketing platform! It currently has an Alexa Ranking of 5,226, making it one of the most popular websites in the world with over 300,000 daily visits and over 500 new registrations per day.

Markethive has been evolving for over 20 years making changes and adjustments to provide the most effective Marketing tools there are for it's members. All in a seamless, integrated Platform.

Markethive is the Architect of the Social Market Network.

It’s FREE to Join and get paid to Market your own Business with access to every Marketing Tool

you will ever need

The Markethive Coin — MHV Consumer Coin
Notably, MHV was listed on the first of many exchanges, including its own exchange [in development] in March in 2019 and is currently valued at $0.20. The Markethive coin will not be dependent upon speculative value as is the case with other cryptocurrencies and platforms, thereby creating eternal economic velocity in the entrepreneur ecosystem within Markethive.

 

Andries van Tonder.

Click here, Markethive is Completely Free To Join

Click here, Markethive is Completely Free To Join

Markethive is the Architect of the Social Market Network.

China's Changing Perception of Bitcoin: Bitkan CEO Shares Insights After 7 Years in Crypto Industry

Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized

— if not always understood — staples of modern finance. Bitkan CEO Liu Yang recently took some time out to give news.Bitcoin.com a peek into the Chinese bitcoin community and its changing ideas and perceptions of crypto, throughout Bitkan’s seven years in the business. Though general narratives have changed and evolved, and the recent covid-19 crisis impacted markets, the CEO says that overall China is still bullish on bitcoin.

Following Bitcoin, Forming Bitkan

An integrated platform for multiple crypto services, Bitkan was launched in March 2013 by former members of China tech giant Huawei‘s R&D department. CEO and co-founder Liu Yang was head of the Huawei Wireless Technology R&D department at the time, leaving to pursue business in crypto when, according to Bitkan, “most people saw Bitcoin as a Ponzi scheme.” “Bitkan started out as a geek product,” the company told news.Bitcoin.com. “The actual time that Bitkan was created was back in December 2012. At that time, most of the major exchanges for bitcoin geek players in China were all from abroad, hence Chinese bitcoin community users need some market alerts tools to facilitate price monitoring.” After launch in 2013, the Bitkan platform grew to be a hub for market data, and an OTC and aggregated trading platform with an active community.

Chinese Community’s Perceptions of Bitcoin Change, OTC Trading Remains Popular

According to CEO Yang, bitcoin was initially a point of general intrigue for Chinese, but soon “went from being an item of curiosity to becoming deemed a Ponzi scheme by the Chinese community.” From there, the perception evolved.

Yang elaborates:

Covid-19 Crisis and Ensuing Market Slump

Noting government efforts to stem some of the economic carnage, Yang details: “From China’s $7 trillion planned infrastructure spending to U.S. interest rate cuts and the $400 billion plan to boost their economy to protect their businesses, we can see that global governments will likely take steps to save the markets.”

He also notes that some Chinese see the covid-19 crisis and ensuing crypto market plunge demonstrating “a certain degree of correlation between bitcoin and gold” as they have not appeared to follow the S&P stock market index in more recent events. “We can see that the [crypto] price slump this time happened after the plunge of the U.S. stock market and crude oil,” he elaborates. “Likewise, it has also led to gold to fall as well. This morning (March 19), the S&P 500 circuit breaker occurred for the fourth time this month. However, gold did not fall together with the index and neither has bitcoin.” Yang views the recent plummet in crypto prices as “a rapid deleveraging process” which will ultimately help crypto. “In the long run, it is conducive to the long-term development of cryptocurrencies. After this plunge, the development of cryptocurrencies will be more healthy and positive.”