Practically Speaking About IT Infrastructure

Choosing a New Cloud Provider? Let the Workload Be Your Guide

Improving IT efficiency, delivery, and cost structure There’s no question that customers are embracing cloud for all types of workloads. Whether the workloads are mission-critical, third-tier applications, or somewhere in between, the cloud has become the destination of choice for customers looking to improve their
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Mary Stanhope

Leveraging Carrier Ethernet To Connect To The Cloud

Leveraging Carrier Ethernet Determining the Best Cloud Connectivity Solution With the Cloud only being as good as employees’ ability to effectively access it, the overall user experience depends highly on enterprise network connectivity. Today, the Internet is the predominant method to connect to Cloud applications
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Reuters news

Bitcoin tests 15-month highs after 10% weekend jump

LONDON (Reuters) – Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin.

The biggest cryptocurrency hit $11,247.62 on the Bitstamp exchange late on Sunday, its highest since March last year. It later pulled back, and was last up 0.7% at $10,917.

Facebook said last week it planned to launch a new cryptocurrency called Libra, though the announcement immediately led to questions from regulators and politicians across the world.

Mati Greenspan, an analyst at eToro, said bitcoin’s gains underscored growing optimism among retail investors that Facebook’s plans were part of a wider trend of major companies adopting cryptocurrencies.

“Traders are speculating on future involvement of large players like Facebook,” he said. “They believe that Libra will create mass awareness of cryptocurrencies and act as a gateway to adoption.”

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CloudBuzz

The latest in curated technology related news from around the globe. Sources are identified and reviewed each day before approval and publication. Content is source credited with full ​attribution. We do not accept submitted press releases outside of our curated process at this time.

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