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UK signs cloud discount deal with Google to boost innovation – www.computing.co.uk

June 9, 2020 | Author: admin

UK signs cloud discount deal with Google to boost innovation

UK's Crown Commercial Service (CCS) has signed a Memorandum of Understanding (MoU) with Google Cloud to enable UK public sector bodies receive a discount on Google's cloud services.

CCS' deal with Google is part of the British government's push toward a multi-cloud programme that aims to deliver digital transformation and increase innovation in the country, without relying on just one supplier.

CCS, the UK Cabinet Office executive agency and trading fund, aims to open up the British cloud services market to more suppliers in efforts to provide best value for public sector departments.

CCS began talks with Google Cloud in 2019, with a focus on the requirements for cloud services under the One Government Cloud Strategy.

Neither CCS nor Google provided financial details on the level of discount offered to government agencies under the new deal.

Google Cloud said that the deal would enable local councils, government departments, and National Health Service (NHS) to get a discount on Google's cloud services based on their estimated spending on Google's cloud platform for next two years.

The eligible agencies will be offered access to Google Cloud's services, including analytics, infrastructure, artificial intelligence, collaboration solutions, and application development. Google Cloud's serverless and managed offerings, including hybrid and multi-cloud Anthos platform, will also be offered to government departments.

Microsoft and Amazon Web Services (AWS) have similar agreements with the UK government. Earlier this year, the UK Home Office signed a four-year, 100m public cloud hosting services contract to AWS.

Microsoft also signed a pricing deal with the UK government in April 2020, offering all eligible public sector organisations discounted access to Microsoft Azure business tools.

So far, AWS has been the fastest growing cloud service provider in the UK, accounting for a market share of 850m during the period from April 2018 to March 2019, according to TechMarketView.

Google is currently a distant third, far behind AWS and Microsoft in global ranking for the public cloud infrastructure market.

"This is a significant milestone for us, as we see the results of our focused investment in cloud services and solutions primed and tailored for the public sector," said Mark Palmer, Head of Public Sector EMEA, Google Cloud.

"The UK public sector is a major focus for Google Cloud, and this is an opportunity to further support Her Majesty's government in their digital transformation," he added.

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UK signs cloud discount deal with Google to boost innovation - http://www.computing.co.uk

Data Breach Notification Software Market 2019 Break Down by Top Companies, Countries, Applications, Challenges, Opportunities and Forecast 2026 – Cole…

June 9, 2020 | Author: admin

A new market report by Market Research Intellect on the Data Breach Notification Software Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period. The forecasts mentioned in the report have been acquired by using proven research assumptions and methodologies. Hence, this research study serves as an important depository of the information for every market landscape. The report is segmented on the basis of types, end-users, applications, and regional markets.

The research study includes the latest updates about the COVID-19 impact on the Data Breach Notification Software sector. The outbreak has broadly influenced the global economic landscape. The report contains a complete breakdown of the current situation in the ever-evolving business sector and estimates the aftereffects of the outbreak on the overall economy.

Get Sample Copy with TOC of the Report to understand the structure of the complete report @ https://www.marketresearchintellect.com/download-sample/?rid=198921&utm_source=COD&utm_medium=888

The report also emphasizes the initiatives undertaken by the companies operating in the market including product innovation, product launches, and technological development to help their organization offer more effective products in the market. It also studies notable business events, including corporate deals, mergers and acquisitions, joint ventures, partnerships, product launches, and brand promotions.

Leading Data Breach Notification Software manufacturers/companies operating at both regional and global levels:

Sales and sales broken down by Product:

Sales and sales divided by Applications:

The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios.

The report also focuses on the global industry trends, development patterns of industries, governing factors, growth rate, and competitive analysis of the market, growth opportunities, challenges, investment strategies, and forecasts till 2026. The Data Breach Notification Software Market was estimated at USD XX Million/Billion in 2016 and is estimated to reach USD XX Million/Billion by 2026, expanding at a rate of XX% over the forecast period. To calculate the market size, the report provides a thorough analysis of the market by accumulating, studying, and synthesizing primary and secondary data from multiple sources.

To get Incredible Discounts on this Premium Report, Click Here @ https://www.marketresearchintellect.com/ask-for-discount/?rid=198921&utm_source=COD&utm_medium=888

The market is predicted to witness significant growth over the forecast period, owing to the growing consumer awareness about the benefits of Data Breach Notification Software. The increase in disposable income across the key geographies has also impacted the market positively. Moreover, factors like urbanization, high population growth, and a growing middle-class population with higher disposable income are also forecasted to drive market growth.

According to the research report, one of the key challenges that might hinder the market growth is the presence of counter fit products. The market is witnessing the entry of a surging number of alternative products that use inferior ingredients.

Key factors influencing market growth:

Reasons for purchasing this Report from Market Research Intellect

Customized Research Report Using Corporate Email Id @ https://www.marketresearchintellect.com/need-customization/?rid=198921&utm_source=COD&utm_medium=888

Customization of the Report:

Market Research Intellect also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

To summarize, the Data Breach Notification Software market report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either propel or curtail the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage and more. These reports deliver an in-depth study of the market with industry analysis, market value for regions and countries and trends that are pertinent to the industry.

Mr. Steven Fernandes

Market Research Intellect

New Jersey ( USA )

Tel: +1-650-781-4080

Continued here:
Data Breach Notification Software Market 2019 Break Down by Top Companies, Countries, Applications, Challenges, Opportunities and Forecast 2026 - Cole...

Triangle headliners: Previewing 71 local events & program deadlines this month – WRAL Tech Wire

June 9, 2020 | Author: admin

WRAL TechWire keeps tabs on the latest and greatest meetups, panels, workshops, conferences, application deadlines and all things happening in the North Carolina startup/tech world. The Headliners is a multi-part weekly roundup of upcoming events to add to your calendar.

Below is a list of June events in Raleigh, Durham, Chapel Hill and the greater Triangle area. To find out whats happening this month in cities outside of the Triangle, check out part two of the Headliners column. Another post highlights events in July. Meetups that occur regularly are listed here.

If youd like your event to be included, feel free to send me an email.

Also, check out a full range of events on TechWires interactive calendar, along with our comprehensive resource guide for startups in the Triangle.

Note: The following list is our lineup of Triangle events through the end of Junemost have been switched to a virtual format due to COVID-19 social distancing requirements.

Join Zendesk and NC TECH for a virtual workshop to hear how your organization can improve its customer experience (CX) strategy.

Presented by Gig East and Fierce Female Founders and sponsored by NC IDEA, this four-week virtual program exposes participants to entrepreneurial thinking, which will help them to develop the skills and behaviors needed to succeed.

NC4ME (North Carolina for Military Employment) is hosting a virtual hiring event where veterans, transitioning service members, guard/reserves and military spouses can meet face-to-face with hiring managers and recruiters in the life sciences industry.

The North Carolina Sustainable Energy Association is hosting a monthly webinar serieswith local and national experts covering clean energy trends.

Triangle Biotech Tuesday is a monthly meetup that connects scientific professionals across the RTP/greater Triangle area. Join for food, drinks and networking with professionals from different industries. The group meets on the second Tuesday of every month.

Code for Durham brings together technologists, designers, developers, data scientists, map makers and activists to collaborate on civic technology projects. Meetings are held every two weeks on Tuesdays. Pizza will be provided.

The Small Business and Technology Development Center is hosting a four-week business development program for entrepreneurs that are ready to take their ideas to the next level by getting their business up and running. Classes are held every Tuesday from June 2-23.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

The Economic Development Partnership of North Carolina is hosting a summer-long webinar series covering topics of interest to businesses seeking the latest information on exports and the global trade landscape. This webinar will cover the many trade opportunities in Singapore, particularly involving health care, medical devices and aerospace.

In this webinar hosted by RTI, participants will learn about how to use strategic forecasting tools to gain insight into post-pandemic consumer behavior.

In this webinar, Connected Devices LLC Founder and CEO Steven Warwick will discuss the FCCs recent ruling involving the deployment of private cellular systems that can be owned and operated by private entities.

NC TECH is hosting a talk with IBM VP and Chief Data Officer Tim Humphrey, who will share how IBM is shifting its priorities towards community engagement and supporting businesses and organizations. (This webinar is free for NC TECH members and $25 for non-members.)

Leadership Raleigh is a leadership development program run by the Raleigh Chamber of Commerce. Applications for the next cohort are due on August 14. Join this virtual information session to hear from Leadership Raleigh alumni about their experience.

The City of Raleigh is hosting a webinar with local leaders and business owners discussing new policies under the states phase two reopening plan.

UNCs Frank Hawkins Kenan Institute of Private Enterprise is hosting a webinar on quantum computing and its applications in the financial services sector.

For this session of On The Menu, Frontier RTP will host Cloud Giants Director of Business Sara Abernathy for a webinar on building and communicating your value proposition.

UNCs Entrepreneurship Center is hosting a webinar with three investors speaking about how theyre working with companies during the COVID-19 pandemic.

ProductCampRTP is hosting an online conference spread across four weeks in June and July. The series is aimed towards product professionals worldwide. Join to hear talks from global experts. (More TechWire coverage here.)

Capitol Broadcasting Company and WRAL are hosting a webinar series featuring local industry experts and business owners. Each week brings a new topic relevant to businesses in the Triangle. More coverage here.

The Economic Development Partnership of North Carolina is hosting a summer-long webinar series covering topics of interest to businesses seeking the latest information on exports and the global trade landscape. This webinar will cover trade compliance under the new United States-Mexico-Canada Agreement.

The Triangles CompTIA-AITP chapter is hosting a virtual discussion on remote working during and after the pandemic, led by Nick Otto, IT leader at Kimley-Horn.

The North Carolina Chamber is turning its annual Diversity and Inclusion Conference into a virtual program this year. Join to hear talks on how to create an inclusive culture in the workplace.

The ASSIST Center and DHIT Global are hosting a free webinar on remote cardiac monitoring, featuring Dr. Bryon Boulton of WakeMeds Structural Heart Program, Marc Saab of BML Technology and Dr. James Dieffenderfer of ASSIST.

Boxyard RTP is hosting a drive-thru marketplace where eight Boxyard businesses will sell their products, food and beverages to customers as they drive by in their cars. (More TechWire coverage here.)

In this free workshop, participants will learn how to adopt and apply the entrepreneurial mindset in their lives.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

At Raleigh Chamber of Commerces next Business After Hours, members will be divided randomly into virtual breakout rooms to network and share ideas. (This is a members-only event.)

This grant program will provide funding of up to $50,000 for medicine and engineering faculty-led projects focused on improving human health. More TechWire coverage here. (NOTE: The application deadline has been extended to June 15 to give faculty members who wish to submit a proposal the time to do so while safely reopening their labs over the next couple of weeks.)

Join the Code for Chapel Hill meetup to network with like-minded individuals and work on civic hacking projects. Meetings are held every two weeks on Tuesdays.

For the next free webinar in Raleigh Chambers Black Business Momentum series, Innovation & Entrepreneurship Center Director Germaine McIver-Cherry will show participants how to use Google My Business to boost their reach to prospective and existing customers.

SASs Global Forum is going virtual on May 19 and June 16. In the two-part event, SAS users will get access to training, tools and resources. More TechWire coverage here.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

The Economic Development Partnership of North Carolina is hosting a summer-long webinar series covering topics of interest to businesses seeking the latest information on exports and the global trade landscape. This webinar will cover trade opportunities for North Carolina companies in Mexico.

NC TECH is hosting a virtual workshop covering how to manage remote access for employees while also considering the legal and regulatory obligations associated with a remote workforce.

In this virtual lunch and learn, DNA Group Solution Manager Tim Sweet will share trends and insights into sensor technologies.

Grow With Google is hosting regularly scheduled webinars for North Carolina-based small businesses. Sessions are led by Latesha Byrd, founder and CEO of Byrd Career Consulting. Every webinar covers a different topic relevant to local businesses.

The NC Clean Energy Technology Center and the Sierra Club are hosting a free webinar on local fleet electrification efforts.

NC TECH is hosting a talk with Lenovo President for North America Matt Zielinski, who will discuss how the company is navigating the impacts of COVID-19.

This virtual networking event aims to celebrate the black business community, bringing together local professionals who share a commitment to diversity and inclusion.

RTP180 is back with another event, this time covering architecture in North Carolina, from historical buildings to small space designs to the RTP landscape and beyond.

This free virtual hiring event will engage interns and professionals in the Triangle. The keynote speaker is Leigh-Kathryn Bonner, founder and CEO of Bee Downtown.

This free bi-monthly event offers a space for local tech professionals to build connections and find potential job opportunities.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

This monthly webinar series hosts a global health professional who will share insights and advice for advancing your career.

Led by The Storytelling Companion podcast host Chris Thiede, this workshop will teach participants how storytelling can help them connect with their audience.

NC TECHs Diversity + Inclusion Summit will bring together C-level executives, D + I professionals and organizational leaders to discuss the benefits of a diverse workplace.

The North Carolina Sustainable Energy Association is hosting a monthly webinar serieswith local and national experts covering clean energy trends.

Join Cary Chamber of Commerce for an evening social event with Wake County elected officials.

In this virtual session, IT leaders at NC TECH member companies will discuss relevant topics and best practices in their field.

This online meeting will convene CISOs, VPs and director-level security leaders from NC TECH member companies.

1 Million Cups, presented by Kauffman, is a weekly informal pitch event for the startup community. Join for free coffee and entrepreneurial support as local startups deliver their presentations.

NC4ME (North Carolina for Military Employment) is hosting a virtual hiring event where job seekers can meet face-to-face with hiring managers and recruiters.

In this four-week virtual summit series, Raleigh Chamber will cover a range of topics relevant to the local business community, from COVID-19s impact on the economy to economic mobility, talent and other topics.

The Economic Development Partnership of North Carolina is hosting a summer-long webinar series covering topics of interest to businesses seeking the latest information on exports and the global trade landscape. This webinar will cover trade opportunities for North Carolina companies in Canada.

In this lunch and learn, Agustin Pelez and Cristina Botero of Ubidots will discuss how solopreneurs around the world are using IoT technologies for their business.

The Council for Entrepreneurial Development is hosting a virtual event presenting the organizations 2019 Innovators Report. Learn about last years successes within the local startup community.

Wake Technical Community College is hosting a virtual event series featuring experts sharing their insights on the role of technology in solving problems during the COVID-19 pandemic.

This weekly meetup brings together developers, IT professionals and tech enthusiasts who are interested in the Google Cloud Platform.

The 12-week RIoT Accelerator Program connects early-stage IoT startups with an industry consortium of more than 80 companies to learn, partner and bring your product to market. The fall 2020 cohort will run from August 24 to November 13 in Raleigh.

Raleigh Chambers first virtual Courageous Conversation will feature Opal Tometi, co-founder of #BlackLivesMatter, along with other panelists discussing how companies can have honest conversations about race that lead to positive change.

Join the Code for Chapel Hill meetup to network with like-minded individuals and work on civic hacking projects. Meetings are held every two weeks on Tuesdays.

Bring your ideas and opinions to the next Midtown Techies meetup. Events are held on the last Tuesday of every month.

More:
Triangle headliners: Previewing 71 local events & program deadlines this month - WRAL Tech Wire

Sysdig Continues International Expansion with New Data Center Options in the US and Europe – Business Wire

June 9, 2020 | Author: admin

SAN FRANCISCO--(BUSINESS WIRE)--Sysdig, Inc., the secure DevOps leader, today announced new data center options in Frankfurt, Germany and on the west coast of the United States, in Oregon, to satisfy growing demand for the Sysdig Secure DevOps Platform. The expansion of Sysdig services to additional hosting locations prepares Sysdig for the next stage of growth. The two data centers strengthen data protection standards by adding encryption at rest.

Organizations recognize the advantages that come with cloud native and are rapidly moving to containers and Kubernetes to accelerate innovation. In the current business environment, many companies are speeding cloud-native transitions, and look to Sysdig to address their security, visibility, and compliance requirements for containers. The data centers in Germany and on the west coast of the United States are in addition to the companys current data center on the east coast of the United States, in Virginia.

We are adding hosting locations in response to our rapid expansion, said Suresh Vasudevan, chief executive officer, Sysdig. The Sysdig Secure DevOps Platform scales to support the largest enterprise cloud deployments, while providing a fast ramp to productivity with our SaaS offering. We have several marquee customers in the EU and they prefer a local data center.

Key Customer Benefits

Customer Experience

New customers have the option to select the data center of their choice. Existing customers can continue to use the Virginia data center or they can switch to one of the new locations. Current customers that choose to use a new data center should contact Sysdig for support. Sysdig has dedicated teammates that will help customers transition.

Availability

The German data center will be available later this month, while the data center in Oregon is operational now. Learn more about how Sysdig can help organizations ensure compliance.

About Sysdig

Sysdig enables companies to confidently run cloud-native workloads in production. With the Sysdig Secure DevOps Platform, cloud teams embed security, validate compliance, and maximize performance and availability. The Sysdig platform is open by design with the scale, performance, and usability enterprises demand. The largest companies rely on Sysdig for cloud-native security and visibility. Learn more at sysdig.com.

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Sysdig Continues International Expansion with New Data Center Options in the US and Europe - Business Wire

Heating Coil For Heat Treatment Market 2019 Break Down by Top Companies, Countries, Applications, Challenges, Opportunities and Forecast 2026 – Cole…

June 9, 2020 | Author: admin

A new market report by Market Research Intellect on the Heating Coil For Heat Treatment Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period. The forecasts mentioned in the report have been acquired by using proven research assumptions and methodologies. Hence, this research study serves as an important depository of the information for every market landscape. The report is segmented on the basis of types, end-users, applications, and regional markets.

The research study includes the latest updates about the COVID-19 impact on the Heating Coil For Heat Treatment sector. The outbreak has broadly influenced the global economic landscape. The report contains a complete breakdown of the current situation in the ever-evolving business sector and estimates the aftereffects of the outbreak on the overall economy.

Get Sample Copy with TOC of the Report to understand the structure of the complete report @ https://www.marketresearchintellect.com/download-sample/?rid=181184&utm_source=COD&utm_medium=888

Leading Heating Coil For Heat Treatment manufacturers/companies operating at both regional and global levels:

Sales and sales broken down by Product:

Sales and sales divided by Applications:

The report also focuses on the global industry trends, development patterns of industries, governing factors, growth rate, and competitive analysis of the market, growth opportunities, challenges, investment strategies, and forecasts till 2026. The Heating Coil For Heat Treatment Market was estimated at USD XX Million/Billion in 2016 and is estimated to reach USD XX Million/Billion by 2026, expanding at a rate of XX% over the forecast period. To calculate the market size, the report provides a thorough analysis of the market by accumulating, studying, and synthesizing primary and secondary data from multiple sources.

To get Incredible Discounts on this Premium Report, Click Here @ https://www.marketresearchintellect.com/ask-for-discount/?rid=181184&utm_source=COD&utm_medium=888

The market is predicted to witness significant growth over the forecast period, owing to the growing consumer awareness about the benefits of Heating Coil For Heat Treatment. The increase in disposable income across the key geographies has also impacted the market positively. Moreover, factors like urbanization, high population growth, and a growing middle-class population with higher disposable income are also forecasted to drive market growth.

Key factors influencing market growth:

Reasons for purchasing this Report from Market Research Intellect

Customized Research Report Using Corporate Email Id @ https://www.marketresearchintellect.com/need-customization/?rid=181184&utm_source=COD&utm_medium=888

Customization of the Report:

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

To summarize, the Heating Coil For Heat Treatment market report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either propel or curtail the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.

About Us:

Mr. Steven Fernandes

Market Research Intellect

New Jersey ( USA )

Tel: +1-650-781-4080

Go here to read the rest:
Heating Coil For Heat Treatment Market 2019 Break Down by Top Companies, Countries, Applications, Challenges, Opportunities and Forecast 2026 - Cole...

Why An Even Deeper Correction Is Expected For The Crypto Markets Hottest Altcoin | NewsBTC – newsBTC

June 8, 2020 | Author: admin

The crypto asset known as Theta was the hottest altcoin in the space during May, but false rumors of a partnership with Google led to a strong selloff.

The downside in the cryptocurrency looks to continue, as two highly accurate sell signals have triggered on weekly timeframes on both the USD and BTC trading pairs.

At the start of May to the peak of the pump, the altcoin known as Theta rallied over 360% against Bitcoin. There was a matching nearly 400% rise on the USD trading pair.

The rally was fueled by false information spreading about a partnership with Google, however, it was later revealed that the partnership was simply Theta relying on Googles cloud services on the client-side.

While no true partnership exists, the massive surge brought back memories of the crypto hype bubble.

Related Reading | Theta Cryptocurrency Plunges 50% As Traders Question Google Partnership

During that time, it wasnt uncommon to see altcoins rally hundreds of percent against Bitcoin or the dollar.

While those days are long gone, and money wont be as easy to come by during the next cycle, Thetas recent explosion provides much-needed hope that a return to a crypto bull market may soon be coming.

But before any sustained bullish advance or uptrend begins, Theta is due for a stronger correction, according go a duo of highly accurate sell signals across the THETAUSD and THETABTC trading pairs.

Over the last month, few altcoins were discussed as highly as Theta. The asset quickly became the crypto industrys hottest token.

But as soon as overly eager investors realized the partnership news was a non-event, a selloff cut the gains back significantly.

More downside is also very likely, given a set of sell setups signaled by the TD Sequential indicator on weekly timeframes.

The TD Sequential indicator is a market-timing tool developed by Thomas Demark. After a specific sequence of candles form, it often is a sign that a reversal or pullback is near.

Related Reading | Venture Capitalist: Crypto Gains Wont Come As Easy During Next Bull Run

The signal has called many Bitcoin and altcoin tops and bottoms over the last several years, dating back to Bitcoins all-time high. Its proven that its a tool that should never be underestimated.

The 9 sell setup has appeared on both THETAUSD and THETABTC price charts, suggesting that not only is a collapse in USD value expected, but the altcoin will underperform against Bitcoin in the days ahead.

TD 9 sell signals have appeared across most cryptocurrency assets, including Bitcoin, Ethereum, Chainlink, and countless others. The crypto markets best performer, Theta, also sharing this signal doesnt bode well for the entire asset class.

Crypto as a whole often follows Bitcoins lead, and while sentiment and fundamentals have never been more bullish for Bitcoin, the asset is also facing its strongest resistance yet.

Should another crash happen in Bitcoin ahead of a clean breakout from the downtrend, a lower high could cause extreme panic and a selloff will soon follow.

Bitcoin crashing from here would carry the entire crypto market down with it, Theta included.

Analyst Predicts Next Bull Run Will Send Bitcoin to $150K and Ether to $9K – Cointelegraph

June 8, 2020 | Author: admin

The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000.

In a tweet on Thursday, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.

Bitcoins dizzying ascent to its current all-time high of almost $20,000 in December 2017 came complete with a media frenzy around all things crypto.

Coupled with a boom in initial coin offeringsand fuelled by investor FOMO the fear of missing out money was thrown at literally any project in the hope that it would mirror the gains of Bitcoin.

This became a self-fulfilling prophecyand pretty much every altcoin posted a significant price increase during 2017.

While Dedic warned that he believes this wont happen again, he does envisiona Bitcoin bull run returning and pumping the few solid alts out there.

He even went as far as to make a number of price predictions, such as Bitcoin gaining over 1,400% from its current price of around $9,750 to reach his target of $150,000.

Ether (ETH) is set to fare even better according to Dedic, increasing more than 3,570% from current levels around $245 to a price of $9,000. And Binance Coin (BNB) is predicted to see a 2,750% rise to $500.

Bigger increases still are forecast for Chainlink (LINK) and Tezos (XTZ), both with a target price of $200, representing 4,450% and 6,800% gains, respectively.

But this all fades into insignificance compared with Dedics prediction for VeChain (VET), with a seemingly modest target price of $1. However, this marks a massive 14,100% increase on its current price of $0.007.

VeChain has recently partnered with fresh meat suppliers in China to improve traceabilityand Walmarts Chinese subsidiary to track food products.

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Analyst Predicts Next Bull Run Will Send Bitcoin to $150K and Ether to $9K - Cointelegraph

Venture Capitalist Predicts Bitcoin Boom to $150,000, Says Ethereum and Four Altcoins Will Outperform BTC – The Daily Hodl

June 8, 2020 | Author: admin

Venture capitalist Simon Dedic says that while he believes Bitcoin will put together a face-melting rally in the next bull run, he sees five altcoins outshining the leading cryptocurrency.

In a recent tweet, Dedic says he expects the crypto market to launch another bull market but warns that the rising tide will not lift all boats. The founder of digital asset intelligence firm Blockfyre predicts that Bitcoin will soar nearly 1,500% to $150,000 in a new bull cycle.

But unlike the peak of the 2017 crypto bull market, when many altcoins generated gains of over 1,000%, the Blockfyre executive believes only a handful of altcoins will print potentially life-changing gains.

At the top of Dedics altcoins list is Ethereum (ETH). He expects the second-largest cryptocurrency to skyrocket to $9,000 for an increase of 3,650% from its current price of $240.

Dedic expects Chainlink (LINK), which is trading at $4.34 at time of writing, to surge over 4,500% to $200. He also believes Binance Coin (BNB) will soar to $500 and post gains of more than 2,700% from its current value of $17.64.

Next is VeChain (VET), which he predicts will rise almost 15,000% from its current price of $0.006682 to $1.00.

Wrapping up the venture capitalists list is Tezos (XTZ). Dedic says he believes XTZ, which is currently valued at $2.91, will generate gains of more than 6,700% as it climbs to $200.

The altcoin market is especially risky, with many coins remaining down more than 90% from their all-time highs in the last parabolic crypto rally, which ended in December of 2017.

Bitcoin is trading at $9,597.67 at time of writing, according to CoinMarketCap.

See the rest here:
Venture Capitalist Predicts Bitcoin Boom to $150,000, Says Ethereum and Four Altcoins Will Outperform BTC - The Daily Hodl

Stocks aren’t the only asset climbing – InvestorPlace

June 8, 2020 | Author: admin

While the market surges, remember that elite altcoins offer the possibility of gains that are multiples greater than that of the average S&P stock

Stock markets exploded higher on Friday in the wake of a jaw-dropping jobs report.

It was expected that the economy would have shed 8.3 million jobs in May. Instead, employersadded2.5 million jobs.

Wall Street erupted on the news, with the Dow climbing more than 1,000 points (intraday) for the first time since early April.

As I write Monday morning, the party is continuing, with the Dow up another 240 points.

Now, though all eyes are on stocks at the moment, lets not forget another asset class that has been climbing in recent weeks even better, this asset has the potential to produce returns that are multiples greater than those of the broad stock market over the coming years.

Today, lets check in on the state of the crypto universe.

Specifically, lets see why our crypto specialist, Matt McCall, is expecting bitcoin is climb 10X by the end of 2021.

And if you think thats exciting, he believes select, elite altcoins will do even better.

Lets jump into the details.

***10X growth over the next 18 months

It was back in 2014 that Matt first gave his official cryptocurrency recommendation.

While appearing on theFox Businessnetwork, Matt was among a panel of analysts discussing something called bitcoin.

Matts take was short and to-the-point:

Bitcoin is there for the taking Ive become a believer.

On that day, July 1, 2014, an investor acting on Matts bullishness would have paid about $641 for a bitcoin. By the peak of the mania on December 17, 2017, that price had surged to $20,089, according to Coinmarketcap.com.

Thats a gain of about 3,035% in just 41 months.

Now, with this kind of monster gain in the rearview mirror, you might think that the best is behind us.

Not according to Matt.

From his recent update to subscribers:

My own view on bitcoin and cryptocurrencies has evolved over the last six years Im more bullish than ever!

I absolutely believe bitcoin could reach $100,000 a gain of more than 10X from current prices. It could happen pretty quickly, too by the end of 2021.

Jaws still drop when I say bitcoin is on track to hit that price. Some folks probably even think Im crazy.

But history and our research show a very high probability of a huge rally in the coming months.

Matt goes on to explain this potential gain ties to supply and demand. You see, only 21 million bitcoins will ever be created. Right now, about 18.5 million have been mined. What you may not know is that the remaining 2.5 million coins arent expected to be completely mined for another 120 years.

In other words, bitcoin is a scarce asset. Unlike fiat currency, it cant be created out of thin air. This fixed-supply nature has profound implications for its future price.

Back to Matt:

Demand for bitcoin should stay steady and even increase while the new supply shrinks. This is the perfect recipe for a supply shock, which weve seen before when prices soared in the 12 to 18 months following the first two halvenings.

A quick aside for any readers less familiar with a halvening. This refers to an event specific to bitcoin, in which the reward to bitcoin miners for unearthing new bitcoin is cut in half. There have been three halvenings in bitcoins history so far, the most recent of which happened last month. Major surges in bitcoins price surrounded the first two halvenings.

Back to Matt:

After the first halvening in November 2012, bitcoins price rose 2,135%. The second halvening in 2016 saw bitcoin shootup 3,122% in 18 months

All indications are it will happen again now after the third halvening.

***Matt isnt the only analyst expecting bitcoin at $100,000

In his update, Matt then highlighted a metric called stock-to-flow, made popular by a crypto analyst known as PlanB. It measures the ratio of the current bitcoin supply to the flow of new coins.

Bitcoins stock-to-flow ratio is 50, which means it would take 50 years at the current production rate to equal the current supply, or stock.

Back to Matt:

Per PlanBs recently released chart below, bitcoins historic price has historically tracked its stock-to-flow ratio. Its doing that right now. As you can see, the white line (stock-to-flow) is close to the price, represented by the dots.

If the pattern holds through the year, we would see the price meet the stock-to-flow line again at drum roll please $100,000! Seems to me Ive heard that somewhere before.

Whats interesting to me as you look at this chart is that bitcoins big gains typically arent smooth and even. There appears to be periods of steep growth, followed by periods of flat consolidation.

This type of market action rewards those who have their money invested but can be challenging for investors waiting for the price to begin gaining steam before putting money to work.

***Crypto investors should look beyond just bitcoin

While Matt is bullish on bitcoin, hes even more excited about select altcoins.

Altcoins are simply alternative cryptocurrencies beyond bitcoin.

They can be gimmicky me too products which are just trying to capitalize on investor interest in the space, or they can provide a unique twist on the crypto/blockchain/financial world that makes them truly unique and valuable.

The challenge is understanding which coins fall into which groups.

Back to Matt:

This is not a rising tide that lifts all boats, so choosing the best positioned altcoins is critical. To help us identify the strongest altcoins, my research team and I created the MAG System.

Our comprehensive system researches and analyzes 10 critical attributes of every altcoin (similar to how wed analyze the fundamentals of a stock), scores them on each, and then produces an overall ranking.

The MAG system is doing its job

As I write, Matt holds 11 altcoins in hisUltimate Cryptoportfolio. As of this past Friday, they are all showing gains. Two coins are up 110%+. Seven out of the 11 are up double-digits or more. Best of all, the collective return of the portfolio of altcoins is 39%.

Let me add to that, the portfolio has only existed since January 7th. Over the same period, bitcoin has climbed just 26%.

***Looking at the potential returns of elite altcoins in the wake of this third halvening, Matt points toward what two altcoins did following earlier halvenings

Back to Matt:

After the first one, investors inPrimecoinsaw their investment soar 3,708% from July to November 2013.

After the second halvening, an altcoin calledVergeshot up an unbelievable1,362,400%!In just one year, that would have turned $5,000 into a mind-blowing $68 million.

Of course, one of the benefits of altcoin investing is you dont have to throw $5,000 at a coin. The potential returns are so massive that even modest investments can produce life-changing gains.

For example, though Matt used $5,000 in his Verge example above, note that even a $500 investment would have generated $6.8 million.

This is the potential offered by elite altcoins.

Heres Matt for the final word:

Altcoins like the ones Ive handpicked for my Ultimate Crypto service are outperforming bitcoin and easily beating the stock market

I can tell you from looking at the system day in and day out thatthere is no better time to be invested in altcoins. Its still early enough to take advantage of the halvening and capture the big gains, but that window wont stay open for long.

Have a good evening,

Jeff Remsburg

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Stocks aren't the only asset climbing - InvestorPlace

Cryptocurrency in Undeveloped Nations – Altcoin Buzz

June 8, 2020 | Author: admin

Blockchain project Onfo carried out research on the spread of cryptocurrencies in both undeveloped and developed regions of the world.

During the research held in April 2020, Onfo made use of four test areas namely The US, Germany, Russia, and Indonesia. With the US and Germany representing developed countries of the world and Russia and Indonesia as the developing countries as test subjects.

To carry out the research, Onfo sent out free cryptocurrency to 100 different people in each of the selected countries. Each individual got at least 10 cryptos each. They were then promised to get more crypto assets if they invited more users to try out the crypto. The result of the research showed that 100 people in the United States attracted 1,112 people. In Germany, 100 people attracted 763, Russias 100 brought in 2,304 new users. And lastly, Indonesias 100 brought in 4,350 new users. The findings, in essence, showed that cryptocurrencies spread about four times faster in Indonesia and Russia then it did in the United States and Germany.

Speaking on its findings, Onfo revealed that the spread index in Indonesia turned out to be almost 4 times higher than in the US. Seeing as both countries are quite identical in terms of population sizes.

The graph above shows the Crypto spread rate in the four countries.

J.R. Forsyth, founder of Onfo pointed out that crypto spread in these countries might be due to the level of importance placed on small amounts of money in these countries. Further adding that Indonesia, in particular, showed great prospects for exponential growth in crypto usage and adoption. Forsyth also noted that this growth was facilitated by several important factors. Among which was the absence of a national credit lending system. Alongside important factors like increased smartphone usage, the current coronavirus epidemic. Indonesia is also the fourth most populous country in the world with about 80% of its entire population with no access to banking and other financial services. All these factors make Indonesia quite receptive to cryptocurrencies.

According to Onfo findings, the US and Indonesia have similar population sizes. The research also disclosed that about 14% and 11% of crypto users exist in the United States and Indonesia respectively. However, the analysis further revealed that while crypto usage in Indonesia started about 1 2 years ago, Americans have been using cryptocurrencies as far back as 2008. The results, therefore, demonstrated a rapidly expanding adoption level in Indonesia, meaning that the country can soon face its crypto renaissance.

Indonesia isnt the only region currently gearing up for a crypto revolution. Research has shown that Southeast Asia and South Africa are experiencing the same happenings. South Africa, according to reports from Luno and Arcane Research is already on the brink of a crypto renaissance period. The country has the highest number of crypto users in Africa at 13%. Closely followed by Nigeria at 11%.

Many schools of thought see cryptocurrency as the next big thing for Africa. Jack Dorsey, CEO of Twitter once described Africa as the future of Bitcoin. It would be a huge mistake to underrate worldwide crypto adoption especially in undeveloped regions of the world. First, billions of people live in underdeveloped regions of the world with a huge percentage of themunbanked and with no access to financial services. This alone is a strong point to adopt cryptocurrencies for most of them. In Mexico, for example, many families have resorted to making use of cryptocurrencies for cross-border transactions as they are easier, faster and cheaper.

Many crypto projects like Electroneum, Dash, Akoin are reaching out to underdeveloped regions of the world. With statistics showing a high amount of receptiveness to this fast-growing technology. Though the focus today is on underdeveloped nations, developed countries are however not left out of crypto adoption. According to research, many Chinese students see a future in the crypto space as inevitable, while other research disclosed that most US citizens are crypto polygamous. Simply put, they own more than one type of cryptocurrency.

Continue reading here:
Cryptocurrency in Undeveloped Nations - Altcoin Buzz

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