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Is Cardano Correlated With This Altcoin? Analyst Justin Bennett Looks at Under-the-Radar ADA Connection – The Daily Hodl

Crypto analyst Justin Bennett says he sees a close correlation between Cardano (ADA) and one under-the-radar altcoin.

The closely followed analyst tells his 65,000 followers that for some time now, moves in Cardano are usually followed by similar price action in enterprise blockchain platform VeChain (VET).

Nothing against $ADA, but sometime soon, were going to see capital flow out of ADA and into $VET.

Thats how its worked from day one. No reason to think otherwise.

At time of writing, VET is up about 11.8% since Bennett tweeted the above chart, and 58% in the last 30 days according to CoinGecko. Bennett says crypto investors can expect VeChain to stay strong relative to Cardano in the coming weeks.

And just like that, $VET is curling up, and $ADA is curling down like clockwork.

Expect VET to outperform over the next few weeks.

Aside from VET, the analyst is also eyeing up leading meme crypto Dogecoin (DOGE). Bennett offers four main reasons why he remains optimistic about DOGE.

Why am I bullish on $DOGE?

Higher highs/lows since July Terminal pattern to work with Clear invalidation point Extremely favorable risk/reward

This doesnt mean the trade WILL work, but these are the kind of technicals I look for.

The technical analyst says DOGE appears to have broken out of a small downtrend and is poised to continue higher, potentially to $0.40, or about a 40% rally.

$DOGE breakout from the smaller trend line confirmed on the 4-hour chart.

Still long from yesterday. Looking for a close above 0.30 for a move to 0.35 and potentially 0.40.

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Check Latest News HeadlinesDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Is Cardano Correlated With This Altcoin? Analyst Justin Bennett Looks at Under-the-Radar ADA Connection - The Daily Hodl

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The altcoin Solana soars 24% in one day and ahead of the Dogecoin in capitalization – Market Research Telecast

The value of the cryptocurrency Solana in the first hours of this Friday exceeded 145 dollars, about 24% more compared to the previous day, as recorded in the records from the CoinGecko platform.

At the same time, the virtual currency registered in the last 24 hours a volume of trade close to 7,000 million dollars.

In addition, it achieved a market capitalization of more than $ 41.6 billion, surpassing Dogecoin in this parameter and ranking seventh among the tokens with the highest market valuation globally.

The price of the altcoin began to rise moderately and steadily at the end of this July before taking a jump in the second half of August, establishing several all-time highs since then. In this way, it registered an increase of approximately 300% within the last month.

Among members of the crypto community, Solana is frequently seen as a Ethereums growing rival, a leading asset in the field of smart contracts but whose network is often overloaded resulting in higher commissions for each transaction.

In this sense, Solana offers faster and cheaper buying and selling operations. The recent skyrocketing growth of this electronic currency could have been fueled by the rise in popularity of projects such as non-fungible tokens (NFT) and decentralized finance (DeFi).

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The altcoin Solana soars 24% in one day and ahead of the Dogecoin in capitalization - Market Research Telecast

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Leading Chinese researchers are looking at the coming quantum revolution – The Press Stories

Quantum technologies refer to engineering systems that use the quantum properties of photons, electrons, atoms or molecules. For example, Radio China reports that lasers, magnetic resonance imaging and the global stabilization system are closely linked to quantum technology.

Zhao Fuan, a recent graduate of the Chinese University of Science and Technology and a doctoral candidate in optical engineering, left a well-paying job with an annual salary of 600,000 yuan ($ 92,300) and decided to start his own business in quantum computing. . The foundation of quantum computing technology. For example, when a new object is discovered, we can assess whether the equipment is working properly by detecting any change in the electromagnetic field around it, he explains.

Currently, common methods for checking the quality of electrical equipment, such as temperature measurement and ultraviolet radiation, are good for detecting large thermal defects, but are not as effective for small ones or for predicting potential problems that may develop rapidly.

According to Zhao Bowen, in terms of quantum technology, China already has its advantages over relatively good countries, but lags behind in some areas, such as sensors used for facial recognition.

Another young expert who has linked his career with quantum technology is Ha Yu from Sichuan Province. Before completing his doctorate, he launched a new product in the field of quantum sensors, which has great potential in detecting microscopic structures such as cellular and protein molecules. In 2016, he founded CIQTEK, which specializes in quantum computing, which is gaining desirable interest from investors. We have investors like iFlytek and Hillhouse Capital behind us, and the government has given us some support, he said.

Zhao Bowen and Ha Yu are a growing army of experts in quantum physics, quantum computing and related industries in China. According to statistics, in the first half of this year, more than 4,000 companies related to quantum technology were created, an increase of 652% on an annual basis.

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Top 10 Data Center Stories of the Month: August 2021 – Data Center Knowledge

It May Be Too Early to Prepare Your Data Center for Quantum Computing:Before some fundamental questions are answered, it's hard to predict what shape quantum computing will take at scale.

Google, Amazon, Microsoft Share New Security Efforts After White House Summit:The news arrives after tech company leaders met with President Biden to discuss the public-private partnership needed to address security threats.

What Has to Happen for Quantum Computing to Hit Mainstream?Data Center World keynote: It's still early days for quantum computing, where the fundamental technology remains unsettled, and the nature of workloads is fuzzy.

Open Compute Project: Redefining Open Source for the Data Center:OCP expanded the meaning of "open source" beyond software to address the same problems open source software is meant to address.

Taking a Close Look at the $2B for Cybersecurity in the $1T US Infrastructure Bill:The $1 trillion spending package includes funds for bolstering cybersecurity posture in critical digital infrastructure.

The Intersection of Colocation and Hybrid Cloud Remains in Flux:All colo providers recognize a business opportunity in the hybrid cloud trend. How theyre going after it differs widely.

How Much Does Hard Disk Temperature Matter?Tracking hard disk temperature can help avoid disk failure--and the consequences of disk failure.

Digital Realtys Hybrid Cloud Strategy Rests On Connectivity, Partnerships:The companys focus is on making connectivity easier for customers, while partners enable hybrid architecture solutions.

Pilot in Austin to Offer Early Look at Edge Computing at Scale:A group is deploying dozens of nodes that combine compute, connectivity, and sensors in a uniform fashion.

Nvidia Gives Upbeat Forecast Even as Supplies Remain Tight:Its data center unit, which sells GPU accelerators for supercomputers and AI, had sales of $2.37 billion in the quarter, up 35% from a year earlier.

Will Cloudflares Zero-Carbon Pledge Make a Real Impact?Its commitment to 100% renewable energy operations and removing historic emissions is laudable, but complex challenges limit its ambitions compared with hyperscalers.

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Save big on this decentralized cloud storage system | TheHill – The Hill

The Hill may be compensated and/or receive an affiliate commission if you buy through our links.

Safely storing data is a must for everyone, and for the security conscious, zero-knowledge cloud file storage is the ultimate way to go. But, what exactly is zero-knowledge file storage? We thought you would never ask. Zero-knowledge encryption means you are the only one who has the keys to access your data. It keeps your data private and for your eyes only. This means you and only you can retrieve your files, and you control file sharing right down to the intricate details.

Internxt Drive is one such cloud-based end-to-end encryption zero-knowledge file storage service. Typically, a year subscription for 2TB of decentralized cloud storage would cost $126, but it's on sale now for just $9.99.

Internxt Drive protects your privacy and offers the best in security. It works well for personal use and in a team environment, so you can securely store and share data. How does it work? Each file you upload to Internxt is client-side encrypted and divided into fragments. You are the only one who holds the key to said data, and that means you are the only one who can access your files.

There are a few zero-knowledge options out there, and Internxt Drive is one that comes with stellar reviews. TechRadar wrote, ""Unlike popular cloud storage services like Google Drive, Dropbox, and Microsoft OneDrive, Internxt is a zero-knowledge file storage service that supports end-to-end encryption."

Compatible with Google Drive, Microsoft OneDrive, Dropbox, and Apple iCloud means you can work the way you always have, but with uncompromising security. Collaborate privately with user-to-user solution, customizations, and featuresit really is the perfect solution for the security conscious. The intuitive interface is user friendly and offers easy to follow UI so you can easily store data. Internxt is available on all of your devices, and that means you can access your files, documents, videos, and more from the desktop app, web browser app, and the iOS/Android app.

Get the Internxt - 2TB Decentralized Cloud Storage: 1-Year Subscription for $9.99 (reg. $126), a discount of 92%.

Prices subject to change.

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Backblaze teams up with Vultr for new cloud storage competitor to Amazon, Google, and Microsoft – 9to5Mac

Many people think of Backblaze as just a cloud backup provider for Mac users looking to have an offsite copy of their photos, movies, documents, etc. The company also offers some robust business solutions as well. Today, Backblaze is announcing a new Backblaze B2 partnership with Vultr that gives organizations a storage alternative to the big three technology companies.

Scalable cloud storage and compute are necessities for most modern applications, said Nilay Patel, VP of Sales and Partnerships at Backblaze. With Backblaze and Vultr together, its no longer a necessity for organizations to tolerate vendor lock-in, complexities, and costs that have traditionally come with legacy options.

The Backblaze-Vultr partnership means more developers can build the flexible tech stacks theywant to build, without having to make needlessly tough choices between access andaffordability, said Shane Zide, VP of Global Partnerships at Vultr. When two companies whofocus on ease-of-use and price-performance make their technologies work together, the wholeis greater than the sum of the parts.

In todays landscape for data storage, having more options is always a fantastic idea. Vultr is the largest privately owned global hyper-scale cloud provider on the market, so it becomes a nice alternative to feeling forced into using Amazon, Google, or Microsoft cloud business storage for scalability.

Vultr has more than 1.3 million customers, with more than 40 million instances deployed across 17 global environments. Vultr brings an affordable and easy-to-use cloud environment for businesses looking to streamline operations and avoid working with the biggest tech giants on the market.

For more information, check out the Backblaze blog.

Check out 9to5Mac on YouTube for more Apple news:

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AWS, NetApp unveil the first fully-managed ONTAP file system in the cloud – ZDNet

Amazon

Amazon Web Services and NetApp on Thursday rolled out a new storage service years in the making, Amazon FSx for NetApp ONTAP. It's the first fully-managed ONTAP file system in the cloud, giving customers a simple way to run their applications on AWS without changing their code or how they manage data.

The new service comes nearly three years after AWS introduced the first iterations of FSx for Windows File Server and Lustre. FSx lets customers choose the file system that powers their file storage, giving them full access to the file system's feature sets and performance -- it runs fully-managed in the cloud. Customers get the benefits of AWS performance, along with seamless integration with other AWS services.

ONTAP is NetApp's file system technology that has traditionally powered network-attached storage (NAS) on premise. NAS is a large market with a number of major players like NetApp, Dell Technologies, HPE, Pure Storage and Nutanix, to name a few. Most enterprise applications rely on NAS, so multiple servers running the application can access a shared dataset.

For instance, critical programs like Epic's electronic health record (EHR) software use NAS to give doctors within a hospital access to a system of record. Typically, that application physically sits in a hospital. Now, it can live on AWS.

"This opens up an enormous opportunity for both of us and our customers to really enable more and more digital transformation and adoption of AWS," Anthony Lye, EVP and GM of public cloud at NetApp, said to ZDNet.

Lye said it's "equally great" for their competitors' customers, whom they plan to scoop up with this new offering. "We think we can take a lot of [market] share," he said.

"If you're running EMC and you rely on EMC storage on premise, you haven't had a path to the cloud," Lye continued. "You'd have to re-factor, you'd have to re-engineer. ONTAP is the gold standard, and EMC customers know and appreciate ONTAP. They now have confidence that ONTAP is a first-party Amazon service, and we're going to tell all those customers."

The service will serve customers that simply want to stop managing storage on premises.

It will also help customers that have hybrid goals, such as bursting to the cloud, maintaining business continuity or dev testing.

There are no upfront commitments or costs to use Amazon FSx for NetApp ONTAP, and customers only pay for the resources used.

Amazon FSx for NetApp ONTAP is available globally right out of the gate. It builds on nine years of partnership between Amazon and NetApp.

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AWS, NetApp unveil the first fully-managed ONTAP file system in the cloud - ZDNet

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HUAWEI AppGallery Connect Serverless Services Officially Released to Achieve Easy App Development and O&M – PRNewswire

Auth Service enables developers to quickly build a user authentication system at lower costs by providing a pre-built, hosted authentication system. It provides SDKs for different platforms, allowing users to sign into apps using a cellphone number, email address, HUAWEI ID, or mainstream third-party accounts such as Facebook and Twitter for a smooth sign-in experience.

Cloud Functions helps to quickly build app backend servicesallowing code to be run without having to manage any servers. With it, development and testing are carried out by function, so developers can focus on service logic development. It also helps to simplify O&M and allocate resources properly.

Cloud DB, a scalable serverless database, offers secure and reliable data management services. It provides easy-to-use cloud and device SDKs.And it ensures data can be automatically synchronized among different devices, meaning you can use Cloud DB to quickly develop secure and reliable apps.

Cloud Storage allows developers to securely and economically store high volumes of data such as images, audio, and video generated by users.It provides cloud and device SDKs so developers do not need to set up servers or make content delivery network (CDN) configurations, and O&M can be completed automatically.

Cloud Hosting provides one-stop hosting capabilities enabling quick website release. That is, users can access web apps without needing to deploy any cloud servers. With Cloud Hosting, developers can focus only on building service logic instead of needing to pay attention to deployment details over the cloud.

In conclusion, HUAWEI AppGallery Connect Serverless Services offers:

1. Pay-as-you-go mode

2. O&M-free services

3. Fast rollout capability

We are now offering free quotas for developers to try out these services. For more details, please refer to the following documents: Auth Service, Cloud Functions, Cloud Storage, Cloud DB, and Cloud Hosting. You can also explore more on Github.For any questions, please send an email to [emailprotected].

Photo - https://mma.prnewswire.com/media/1607477/AppGallery_Connect_Serverless_Services.jpg

SOURCE Huawei consumer business group

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HUAWEI AppGallery Connect Serverless Services Officially Released to Achieve Easy App Development and O&M - PRNewswire

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Microsoft Teams: Here are the features added in the past month – ZDNet

Microsoft continues to bolster Teams features for organizations with hybrid or remote-work policies, including better live transcriptions, Android features, and smarts for the education sector.

Microsoft's latest Teams updates as detailed in its August update should make video meetings more palatable for everyone and includes new features for presenters and participants. Live captions and live transcriptions in Teams are handy for multilingual global firms and anyone who needs to take notes during meetings.

The best cloud storage services

Free and cheap personal and small business cloud storage services are everywhere. But, which one is best for you? Let's look at the top cloud storage options.

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Teams now has "reporter mode" that positions content on a screen that's shared with participants, such as a host's slides, as a visual aid above the presenter's shoulder, just like a news story would be presented. There's also a side-by-side mode that displays a video feed next to the presenter's content.

SEE: When the return to the office happens, don't leave remote workers out in the cold

These two new presenter modes join the previously announced Standout Mode, and are available when sharing a desktop and window in the Teams desktop app.

Microsoft launched its AI-powered live transcription service in Teams in March for Microsoft 365 E3, Microsoft 365 E5, Microsoft 365 Business Standard, and Microsoft 365 Business Premium SKUs. Rival video-meeting service Zoom brought live transcriptions to free accounts.

But Microsoft's Teams real-time captioning and transcription feature was previously only available in English. Now it's also available in 27 more languages, including German, Portuguese, Japanese, and Hindi.

Another live transcript feature that has come to Teams is that the app will immediately start live transcription when recording is turned on. Admins need to enable Allow Transcription and Allow cloud-recording policies, then the transcription can accessed through the Recordings & Transcripts tab of a meeting.

There are also updates for Teams Rooms on Android in version 1449/1.0.96.2021070803, which allows for faster login and more structured deployment of Android devices. It means admins can remotely provision and sign-in to Teams panels.

Teams Together Mode can now be customized through Microsoft's low-code Power Platform. It's one more way Microsoft is integrating Teams, Outlook and Dynamics 365.

SEE: Windows 11 FAQ: Here's everything you need to know

As ZDNet's Mary Jo Foley reported in August, Microsoft will also slash its Power Apps per-user prices by half on October 1 from from $10 per month to $5 per month.

Other updates include the Teams for Education 'reading progress' tool, which it launched in August. It's aimed at helping teachers to assess the reading fluency of students in video and audio formats.

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Microsoft Teams: Here are the features added in the past month - ZDNet

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Public cloud hits the spot for NetApp’s Q122 results Blocks and Files – Blocks and Files

NetApp grew its revenues 12 per cent year-on-year to $1.46 billion in its first fiscal 2022 quarter, ended July 30, and near the high end of its guidance, with profits up 162.3 per cent to $202 million.

This was not as high a growth rate as Pures 23 per cent, but far better than Dells one per cent decline in its storage revenues.

The announcement statement by CEO George Kurian was straightforward: Building on our accelerating momentum through last year, we are off to a great start to fiscal 2022, with strong revenue, gross margin, and operating leverage across the entire business.

He was much more enthusiastic in the earnings call: We just finished a phenomenal quarter. In Q1, we grew our all-flash business by 23 per cent, overall product revenue by 16 per cent and cloud by 155 per cent year-on-year. We raised our fiscal year to eight to nine per cent growth and anticipate delivering close to $5 in earnings per share. These are all record numbers, right, operating margins, full year and earnings per share for the company. So, I feel very, very, very good about where we are.

Kurian is confident that NetApp gained share in the storage and all-flash markets.

Financial summary:

A chart shows the renewed growth pattern in its quarterly revenues, with five successive growth quarters since its fiscal 2020 year commenced:

There is still some way to go to get back to fiscal 2012 and 2013 revenue levels, but we are seeing a strong recovery as the COVID pandemic plays out.

NetApp saw strength and momentum with All-Flash Arrays (AFA), which now have a $2.8 billion run rate although that was down from last quarters $2.9 billion. NetApps AFAs have a 29 per cent penetration of the installed ONTAP base, so there is still a lot of latent demand ahead.

CFO Mike Berry said We ended Q1 with over $3.9 billion in deferred revenue an increase of eight per cent year-over-year. Q1 marks the 14th consecutive quarter of year-over-year deferred revenue growth, which continues to be the best indicator of the health of our recurring revenue.

NetApp rejigged its reporting segments with two new classifications: Hybrid Cloud and Public Cloud. The Hybrid Cloud segment covers on-premises/private cloud storage and data management products, such as ONTAP and StorageGRID arrays, with links to the public cloud. The Public Cloud includes products delivered as-a-service from public clouds, such as Spot.

Hybrid Cloud revenues in the quarter were $1.38 billion up 8.7 per cent on a year ago and driven by AFA growth. The much smaller Public Cloud segment pulled in just $79 million, up a huge 154.8 per cent over the same period. This was driven by driven by Cloud Volumes, Cloud Insights, and Spot by NetApp services. Public Cloud annual recurring revenue rose 89 per cent to $337 million.

We think that NetApp must have high hopes indeed for its Public Cloud segment to be be separating it out at such a low revenue point. It is a completely different business from its traditional storage business as we pointed out in July when NetApp added a Windows 365/CloudPC offering to its Spot cloud broking business.

Kurian said Our Public Cloud services not only allow us to participate in the rapidly growing cloud market, they also make us a more strategic data center partner to our enterprise customers, driving share gains in our Hybrid Cloud business.

He is confident that the Public Cloud business will grow. I think we see that over the next few years, as businesses deploy more of their core operations on public clouds, the opportunities we have around compute automation management through Spot, storage and data protection and management through Cloud Volumes and monitoring through Cloud Insights will be a very, very strong business. And all of the hyperscaler partners that we work with see it much the same way, which is why theyre building more and more capabilities with us.

We also see a new growth engine in the Public Cloud segment with all of the cloud native work we are doing around containers and serverless.

The Public Cloud focus is influencing M&A, with Berry pointing out: Our acquisition strategy will remain focused on bolstering our strategic Public Cloud roadmap.

The outlook for the second FY22 quarter is $1.54 billion +/- $50 million an 8.8 per cent rise on a year ago. The full FY22 outlook is for revenues to be eight to nine per cent higher than FY21s $5.74 billion, meaning $6.2 billion to $6.26 billion.

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Public cloud hits the spot for NetApp's Q122 results Blocks and Files - Blocks and Files

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