CryptoTradeSignals

ICON: STRATEGIC PARTNERSHIPS & SEOUL GOV COLLAB -PROFIT=74.15%!

BINANCE:ICXBTC   ICON / Bitcoin
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018

Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 22.39% PROFIT!!! 

The increase in price may also be explained by positive developments including:

April 18: Crush Crypto (a cryptocurrency analysis site) identifies Icon (ICX) as a Crusher of the Month. 

April 19: Deblock project announcement where Icon Foundation will work with a marketing company called AD4th (which digital advertising agency. Deblock function as a business incubator, which will assist blockchain projects to launch on the ICON platform by providing funding for the development of their blockchain related applications. 

April 23: News articles with speculation that South Korea will remove their initial ban of ICOs. 

April 27: News from Bloomberg publicises Pantera Capital Management LP recommendation ($1 billion cryptocurrency hedge fund) that ICON (ICX) is a "screaming buy". 

May 8: ICON announced a strategic partnership with Japan’s first crypto fund, B Cryptos. This is supported by Japan’s top venture capital funds, B Dash Ventures by Japan’s leading cryptocurrency exchange QUOINE, which will invest in various ICOs and cryptocurrencies. 

May 11: ICONest, ICON's token launch platform is launched. 

May 14: ICON and LINE PLUS, a global social platform with over 200 million monthly average users(MAU) worldwide, has co-founded ‘Unchain’ to build LINE’s blockchain network. Unchain aims to develop various DApp services while building synergies with ICON to expand the blockchain ecosystem. 

May 30: ICON announces its strategic partnership with TRIVE, a Venture Capital firm based in Singapore. 

June 5: Korea Customs Service hosted an MOU ceremony with eight other organizations including Nomad Connection, Matrix2b, CJ Korea Express, and Lotte Global Logistics. The ‘Blockchain based Customs Clearance Platform’ will be utilizing loopchain, the underlying blockchain technology used by ICON and several other companies and consortiums in South Korea.

June 8: ICON and Deloitte Startup Advisory Group (Managing Director, YS Kim) signed an MOU. ollaboration between Deloitte Blockchain Lab, which has developed and commercialized more than 30 blockchain projects, and ICON’s technology is expected to strengthen both companies’ competitiveness in the blockchain industry.

June 11: ICON and Carboneum signed a strategic partnership to proactively help Carboneum with its technical development on ICON blockchain and strategically support the project’s further expansion. Carboneum is a decentralized infrastructure and protocol for social trading, leveraging blockchain to promote transparency, automation and a fair fee mechanism, which are missing in social trading systems today.

August 21: The ICON Foundation announces ICONLOOP (formerly theloop) was selected by IMCLOUD as the blockchain technology consultant for ‘Building the Next Generation Election System based on Intelligence Information Technology’, commenced by Korea National Information Society Agency (NIA) and supervised by Korea National Election Commission (NEC).

August 24: ICON announces a strategic partnership with CertiK, a smart contract auditing firm with a patented technique to automate formal verification of smart contracts.

August 24: The ICON Foundation is proud to announce that ICONLOOP has been selected as an operator of Seoul’s standard blockchain platform for ‘Seoul Blockchain Demonstration Project’(directed by Uracle), which is commissioned by the Seoul Metropolitan Government.

The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.

***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***


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