NEWS ROUNDUP: 24/12/18

Let the world know

 

    1.Ethereum (ETH) and NEO Lead the Crypto Market Higher

    2.Blockchain Developer Demand Leads to Creation of Courses at Singapore Polytechnic.

    3.Charlie Lee Trying To Increase Litecoin Adoption.

    4.U.S. Gamers Can Now Win Crypto Playing Fortnite With Unikrn

 

1.Ethereum (ETH) and NEO Lead the Crypto Market Higher

 

Ethereum & NEOThe cryptocurrency market rally gained addition momentum on Sunday as major altcoins continue to test 1-month highs.

The latest surge has been led by Ethereum (ETH) and NEO (NEO), which are currently up 16.3% and 18% in the last 24 hours, respectively. This move indicates that investors are becoming risk-on to close out 2018, with smart contract platforms outperforming over the last week.

 

Bitcoin (BTC) is currently up around 4% to $4,191. bringing the top digital currency to a $73.1 billion market cap. Based on the current price action, it seems like BTC is following the lead of the top altcoins that are seeing increasing volume as speculators move back into the market.

 

2.Blockchain Developer Demand Leads to Creation of Courses at Singapore Polytechnic.

Singapore Polytechnic will offer a beginners course on blockchain technology in February 2019 to help meet the rising demand for workers knowledgeable in the sector a December 22, 2018, report straits.

 

BLOCKCHAINThe introductory course will go over how to create cryptocurrency, as well as setting up and developing blockchain systems and smart contracts. Due to the content explored, this will cover the more technical aspects of cryptocurrencies and be perfect for those interested in emerging the fintech sector.

The classes will be taught by Dr. Ernie Teo, who was a research scientist for IBM’s Centre for Blockchain Innovation in Singapore. Teo will lead three-hour sessions on weekday evenings, with a six-hour session class every Saturday for two months.

 

Combined with the online learning and projects, the course will last 120 hours. Singaporean citizens can expect tuition for this course to run anywhere from $284 to $1,284 depending on age, income, etc., while foreign participants else will be charged $4,280.

 

Interested students must have a basic understanding of Javascript or similar coding language, a degree in a relevant discipline (IT, business, etc.) as well as pass a mandatory online quiz. Those who pass the examination with a 75 percent or higher may enrol for the program.

 

3.Charlie Lee Trying To Increase Litecoin Adoption.

 

LitecoinOne of the most famous figures in cryptocurrency is Charlie Lee, the founder of Litecoin, even though many people these days question his credibility. For those who ask why many still believe that Lee announcing that he had sold all of his Litecoin roughly a year ago affected the price dramatically, and long-term investors felt betrayed by his decision. His announcement was made almost exactly a year ago, on December 20, 2017.

 

For context, around the time that Lee announced that he had sold all his Litecoin, the cryptocurrency was trading well over $300. In fact, when Lee announced that he had sold all of his holdings, it was a day after Litecoin reached $375.

 

Lee has shifted gears, claiming that his main focus on making sure that more people use Litecoin in general. For example, he is on the advisory board for the new HTC crypto-friendly smartphone called “Exodus”.

 

It makes sense that Lee should focus on mainstream adoption, because of the bearish year in terms of cryptocurrency prices. For some context, Litecoin is currently trading – as of press time – at just above $35, which is not even 10% of Litecoin’s all-time high price. The market capitalization of Litecoin is just over $2 billion as of press time, as well.

 

“Unikrn is built by gamers and is striving to give fans a way to heighten gaming even more,” Sood said. “Over years, our fans have begged us for a way to back their own games and make their matchmaking more interesting, and now we’ve developed a way to do so which avoids the pitfalls of traditional players-vs-player skill betting.”

 

UMode is now available around the world and in 41 states.

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