It would appear one cryptocurrency has effectively broken the negative market trend. The Litecoin price is the first to go in the green despite this current bearish momentum. A surprising turn of events, albeit one that is also more than welcome under the current circumstances. It also shows the Bitcoin price trend can’t keep altcoins down forever m not even in this day and age.
Driven by cheap electricity prices and the potential for profit, cryptocurrency miners have expanded their horizons and set up operations in smaller localities across the world. Some residents embrace the potential for an economic boom. But others are starting to push back.
Another Gold Rush?
Nestled right between the Sea of Japan and the Ryohaku Mountains, the city of Fukui is not necessarily a tourist hotspot. But Fukui has started to become known across the world for another reason.
Cheap rental prices and inexpensive electricity have driven cryptocurrency miners to the seaside city. Some residents are hoping more will come set up shop.
IQ Token had announced the development of a platform that will provide consumers and businesses with on-demand access to premium internet lines, regardless of who their existing provider is, facilitated by blockchain technology. The service is designed to ensure optimal, uninterrupted internet performance for intensive and/or business-critical applications during periods of high latency.
The IQ Token platform analyses traffic and latency patterns to channel user activity to one of many Internet Service Providers with appropriate capacity. Users will be able to procure access to the IQ Token service for a little or as long as they need, using tokens. The platform will utilize blockchain technology to facilitate payment to the various ISPs and process all transactions in real time; it will also securely store all data in smart contracts.
Since its foundation nearly 18 months ago, the Ethereum Enterprise Alliance – a connection of Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts – has been quiet. Until now.
The EEA Ain’t Goin’ Nowhere
The Enterprise Ethereum Alliance (EEA) has officially unveiled its Enterprise Ethereum Architecture Stack, which acts as the next portion of its Enterprise Ethereum specification strategy.
In essence, the Enterprise Ethereum Architecture Stack puts into place the specifications required to usher in the Web 3.0 era of decentralized, connective intelligence, as well as the next generation of Enterprise Ethereum applications. The EEA notes that these applications will, like the internet, work anywhere, while running smart contracts without third-party intermediaries.
Bitcoin may still be a long way from its past peak, but public awareness of the leading cryptocurrency is at an all-time high – especially in England.
What, You’ve Never Heard of Bitcoin?
Finding someone who’s never heard of Bitcoin is quite the rarity these days.
93 percent of people in the United Kingdom have now heard of the formative cryptocurrency — up 2 percent from January 2018 and up 13 percent from November 2017.
The numbers come from D-CYFOR, an opinion tracker which delivers insights into markets. brands, people, and society.
He’s scribbling a series of 12 words on the blue paper handed to him by one of the two women at the other side of the desk. Marco is his name. Graying hair, blue jeans, and still wearing the fat, black winter coat that protected him against the cold Alpine air outside, he just drove 80 kilometers from his hometown and is now in the process of installing the Altana Bitcoin wallet, as recommended.
“I had heard of Bitcoin but didn’t own any,” he explains, when asked why he didn’t just buy bitcoins on an online exchange. “I prefer the human contact if I’m going to purchase some.”
Charlie Lee has always been one of the more intriguing cryptocurrency developers to follow on social media. His involvement with Litecoin has been well documented, and Lee has also been posting some interesting comments regarding other altcoins. Unsurprisingly, some of his recent comments have irritated a lot of Litecoin supporters, as they feel Lee is turning his back on the currency he created.