Author Archives: creative

Bitcoin Simply Existing Positively Impacts Monetary Policy: Research

The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. TThe argument was put forth in a paper published on Aug. 16 by Max Raskin (NYU School of Law), Fahad Saleh (McGill University) and David Yermack (NYU Stern), entitled “How Do Private Digital Currencies Affect Government Policy? 3 positive impacts of cryptos […]

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Bitcoin Price Bullish Wedge Forms Pointing to $11K, Says Trader

Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading.  Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000 in morning trading as Monday delivered almost 5% gains. Markets appeared to be reacting to news cryptocurrency exchange Binance was planning to release its own version of Facebook’s Libra digital currency, in […]

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China Central Bank Crypto Can Cannabalize Alipay, WeChat Pay — Analyst

Beijing’s state-issued offering might also help keep funds flowing into bank deposits, mainstream media reports. China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay. Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS Group Research, said Beijing could profit from the appeal of its state-issued digital currency to merchants. Bringing back bank deposits According to Wang, the two payment giants Alipay and WeChat Pay account […]

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Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange

Three cryptocurrencies are now available for spot trading, with a smartphone app set to follow. Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was now live.  In future, developers plan to release an app for iOS and Android, use of which […]

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Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra

Binance says it is launching its own “independent regional version of Libra” calling for governments and businesses with strong influence and interest to join the initiative. Binance is launching ‘Venus’ — a cryptocurrency project that it says will be more independent and regionally-focused that its Facebook counterpart. Cryptocurrency exchange Binance has revealed it’s planning to launch a cryptocurrency project dubbed “Venus.” The exchange defines Venus an “independent regional version of Libra,” according to an announcement published Monday. The exchange also calls on governments and businesses  organizations to […]

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Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet

Non-custodial keyless digital wallet ZenGo now supports Libra’s testnet and allows its users to experiment with sending and receiving Facebook’s new cryptocurrency. On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet. Experimenting with Libra According to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The developers also noted that the “testnet funds don’t hold any real value and are only for testing purposes.” […]

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Second-Largest Indian State to Use Blockchain in Various Spheres

The second-largest state in India, Maharashtra, is ramping up its plans to apply blockchain tech across various spheres of administration. The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications.  According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management.  The Maharashtra Information Technology Directorate will lead the development and the government has already earmarked 100 […]

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The Most Important Aspect of Bitcoin Is the Separation of Money and State

Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through inflation. Now there’s a wide array of digital currencies competing in different ways to help remove the parasitic behavior perpetrated by the oligarchy. Also read: Bitcoin History Part 15: Silk Road Is Born The Monetary System Designed by Oligarchs Penalizes the People Most […]

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True Or False: Visionary Bitcoin Creator To Reveal Identity Today, Or An Elaborate PR Stunt Move?

*UPDATE: The First Blog Post Is Up: https://www.ivymclemore.com/blog The Official Press Release: “After a decade of anonymity, Satoshi Nakamoto will break his silence in Part I of his “My Reveal” Sunday, Aug. 18, at 4 p.m. EDT on the Satoshi Nakamoto Renaissance Holdings website, www.SatoshiNRH.com, and the Ivy McLemore & Associates website, www.ivymclemore.com. In addition to his real-life identity, Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 […]

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Would Blockchain Better Protect User Data Than FaceApp? Experts Answer

Experts in the cryptocurrency and blockchain industries take on concerns about users’ privacy violations connected with the popular FaceApp mobile application. FaceApp — the mobile application that has blown up your Instagram feed with pictures of your followers as old people, the opposite gender or babies — has raised a lot of concerns about potential privacy violations for users that upload their photos to be edited. Rumors have circulated that the application might even be taking users’ photos from their phones and uploading them to the FaceApp […]

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