Hardware-based Full Disk Encryption Market Demand Analysis 2019-2025 – The Daily Chronicle

Hardware-based Full Disk Encryption Market 2018: Global Industry Insights by Global Players, Regional Segmentation, Growth, Applications, Major Drivers, Value and Foreseen till 2024

The report provides both quantitative and qualitative information of global Hardware-based Full Disk Encryption market for period of 2018 to 2025. As per the analysis provided in the report, the global market of Hardware-based Full Disk Encryption is estimated to growth at a CAGR of _% during the forecast period 2018 to 2025 and is expected to rise to USD _ million/billion by the end of year 2025. In the year 2016, the global Hardware-based Full Disk Encryption market was valued at USD _ million/billion.

This research report based on Hardware-based Full Disk Encryption market and available with Market Study Report includes latest and upcoming industry trends in addition to the global spectrum of the Hardware-based Full Disk Encryption market that includes numerous regions. Likewise, the report also expands on intricate details pertaining to contributions by key players, demand and supply analysis as well as market share growth of the Hardware-based Full Disk Encryption industry.

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Hardware-based Full Disk Encryption Market Overview:

The Research projects that the Hardware-based Full Disk Encryption market size will grow from in 2018 to by 2024, at an estimated CAGR of XX%. The base year considered for the study is 2018, and the market size is projected from 2018 to 2024.

Competition AnalysisIn the competitive analysis section of the report, leading as well as prominent players of the global Hardware-based Full Disk Encryption market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Hardware-based Full Disk Encryption market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Hardware-based Full Disk Encryption market.The following manufacturers are covered in this report:Seagate Technology PLCWestern Digital CorpSamsung ElectronicsToshibaKingstonMicron Technology IncIntelHardware-based Full Disk Encryption Breakdown Data by TypeHard Disk Drive (HDD) FDESolid State Drives (SSD) FDEHardware-based Full Disk Encryption Breakdown Data by ApplicationIT & TelecomBFSIGovernment & Public UtilitiesManufacturing EnterpriseOthers

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Hardware-based Full Disk Encryption Market Demand Analysis 2019-2025 - The Daily Chronicle

Not so Artificial Intelligence When is AI really AI? – EFTM

Is it just the LifeStyler or are others noticing just how many brands are claiming to have artificial intelligence built into their products?

Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning and problem-solving.

AI is not the ability to turn a kettle off once the water has boiled but would be AI if the kettle determined by itself that at 11 am on days below 25 degrees you had a cup of coffee and worked out that you were indeed at home it would boil the kettle ready for you at 11 am only on cooler days.

Thus AI is the ability to make decisions with lots of variable pieces of information. What the LifeStyler is annoyed about is the ability of marketers to throw the term around adding it to the description of their product inferring it is smarter than it is. AI is one of those things like the cloud that most people dont understand but are too embarrassed to admit they dont. Further, they fall into the trap of it must be better if the word is used.

To take this a step further technically, Google and Alexa are examples of machine learning, not AI.

My challenge to the readers is to call out products that are truly AI versus products that are just pretending to be AI. Cheers!

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Not so Artificial Intelligence When is AI really AI? - EFTM

Bees do it, machines know it: Western University-led study hints at key to relationship satisfaction – Globalnews.ca

Researchers involved in aWestern University-led international study have found that the most reliable predictor of a relationships success is partners belief that the other person is fully committed.

A statement issued by the university, which is located in London Ont., said this is the first-ever systematic attempt at using machine-learning algorithms to predict peoples relationship satisfaction.

Satisfaction with romantic relationships has important implications for health, well-being and work productivity, said Western psychology professor Samantha Joel.

But research on predictors of relationship quality is often limited in scope and scale, and carried out separately in individual laboratories.

The machine-learning study is conducted by Joel, Paul Eastwick from University of California, Davis, as well as 84 other scholars internationally.

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More than 11,000 couples participated.

In the study, an application of artificial intelligence (AI) is used to comb through various combinations of predictors to find the most robust predictors of relationship satisfaction.

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It provides answers to the question: What predicts how happy I will be with my relationship partner?

According to the study, relationship-specific predictors such as perceived partner commitment, appreciation, and sexual satisfaction account for nearly half of variance in relationship quality.

Individual characteristics, which describe a partner rather than a relationship, explains 21 per cent of variance in relationship quality, the study said.

The top five individual characteristics with the strongest predictive power for relationship quality are satisfaction with life, negative affect, depression, avoidant attachment and anxious attachment.

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Joel notes she was surprised the study showed that one partners individual differences predictors like life satisfaction, depression or agreeableness explained only five per cent of variance in the other partners relationship satisfaction.

In other words, relationship satisfaction is not well-explained by your partners own self-reported characteristics, Joel said.

The current datasets were sampled from Canada, the United States, Israel, the Netherlands, Switzerland and New Zealand.

2020 Global News, a division of Corus Entertainment Inc.

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Bees do it, machines know it: Western University-led study hints at key to relationship satisfaction - Globalnews.ca

How Can AI and ML Transform the Way We Read and Understand Data? – ReadWrite

Todays business is ruled by data and data-driven understanding. How you understand the data and interpret the data into business decisions has a direct impact on your business conversion and growth. For a more precise understanding of data, today we have artificial intelligence (AI) and Machine Learning (ML) technologies on our side. No doubt, these technologies that mimic human reasoning can positively transform businesses and their strategies.

We need to understand the impact of AI and ML technologies have in shaping our understanding and capability to interpret data.

Any business understands the importance of communicating with customers individually. Yes, thanks to the very nature of digital interfaces that opened up the tremendous scope of individual preferences and choices, your business communication must take into account the preferences of individual customers. The increasing importance of addressing individual choices for business conversion has forced many companies to focus on data-driven personalization measures.

Not only the large businesses but also the startups and small businesses increasingly understand the importance of having access to the relevant data for meeting the needs of visitors. AI can dig the available user data deeper and fetch out relevant patterns and insights that can be further utilized for data-driven decision making personalization. AI can also help to scale up such personalization efforts for every individual user.

A superb example of how AI can allow personalization in business operations can be found in the case of Starbucks. The global coffee chain brand designed 400,000 different types of emails created based on the data of individual preferences, tastes, and choices. Such well crafted personalized communication can help brands to create more engaging communication and conversation for business brands. The brand actually AI to decipher the volumes of data corresponding to customer preferences and choices.

When it comes to smaller businesses and little startups, such as AI-based data collection and data-centric personalization may be a little expensive. But small businesses can embrace similar approaches to create very specific data-oriented marketing campaigns with short duration to boost business conversion and customer engagement. Such AI-powered data-driven campaigns can also help to lift the brand image of any company.

For the B2B segment, business conversion highly depends on generating new leads. The B2B companies also need to depend heavily on tracking contact data and reaching out to them effectively through lead generation funnel. Most marketers agree to the humongous range of challenges B2B-based businesses face in doing this. This is where AI can play a great role in streamlining the process of lead generation through intelligent automation.

Artificial Intelligence (AI) powered lead generation and contact tracking solutions have the capability to make an analysis of the customer base along with important trends and emerging patterns. These trends, patterns, anomalies, characteristics, and various attributes can deliver important insights for optimizing websites and web apps. Thanks to AI-based optimization insights a website can venture to use better programming language, tools, features, and UI elements to generate more leads.

On the other hand, AI-based business data analysis can work hand in hand with big data analytics. This sophisticated and highly incisive approach to data utilization can easily help to discover ideal customers for a business. The interactions of users on web pages and corresponding data can be analyzed by B2B brands with the help of AI tools to produce the most relevant as well as actionable insights.

To make things easier for the businesses, AI, and machine learning technology for such analytical activities are now spotted in most of the leading analytics solutions across the spectrum. Simple Google Analytics can also offer highly result-oriented and precision-driven reports. Such technologies can easily know about the shortcomings and loopholes behind the decreasing motivation of traffic and readings of business conversion fallout.

There are also great tools like Finteza that uses AI technology for monitoring website traffic on a continuous basis besides checking other crucial issues and irregularities. These tools can also improve your data security since by detecting bad traffic they automatically point out the vulnerabilities in the web app.

Poor web traffic often results in DDoS attacks, manipulation of website cookies, and hackers or malicious programs impersonating computer bots. An AI-based lead generation solution can also reduce these security vulnerabilities.

AI optimizes the scope of personalization in a data-driven manner and that is portrayed as the principal useless of AI in dealing with data. But AI is also highly effective in optimizing the web design and improving the user experience (UX).

AI achieves this optimization and improvement by analyzing user behavior and interaction data and user feedback. Machine learning programs particularly can play a very effective role in learning from user behavior and adjusting various interactive elements accordingly.

AI and ML programs running behind the scene basically collect a lot of data corresponding to real user behavior so that real-time feedback about shortcomings and improvement needs can be communicated to the business owners. An ML-based program can also bring instant tweaks to the UX attributes for better engagement.

Another important thing in this respect that needs to be explained is the great role of AI in improving the efficiency of A/B tests. In the A/B testing process the AI and machine learning can deliver the most important insights about user demands and preferences to take further enhancement measures for UI and UX.

The most important aspect of AI in making an impact over A/B testing is that it leaves no scope for vague assessment or guessing. The data-driven insights guiding the A/B testing is more possible now as website cookies provide clear insights concerning user behavior.

Based on such insights the landing pages can reduce form fields as per user interest and preferences.

Biometrics data corresponding to direct interactions with a web app can help developers and marketers with a lot of actionable insights. There are many advanced online services right now available in the market that can help to understand and decipher website data.

Biometrics data coupled up with AI and machine learning technology opened up new possibilities for improved user experience.

Among these available services for data interpretation mostly take the help of a combination of both artificial intelligence and machine learning. These sophisticated solutions can easily track the eye movements of the users.

In addition, some of these services can also track facial expressions to assess user responses in different contexts. These services can extract the most organic kind of user data and generate the most valuable insights that can be used for UX design and performance optimization of websites.

As the trends stand, from this year onward the AI and ML-based data analytics and data-centric optimization of business apps will have more dominance. Thanks to these two technologies, there will be the least guesswork for all design, development, and optimization decisions.

Atman Rathod is the Co-founder at CMARIX TechnoLabs Pvt. Ltd., a leading web and mobile app development services company with 16+ years of experience. He loves to write about technology, startups, entrepreneurship, and business. His creative abilities, academic track record and leadership skills made him one of the key industry influencers as well.

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How Can AI and ML Transform the Way We Read and Understand Data? - ReadWrite

This AI Could Bring Us Computers That Can Write Their Own Software – Singularity Hub

When OpenAI first published a paper on their new language generation AI, GPT-3, the hype was slow to build. The paper indicated GPT-3, the biggest natural language AI model yet, was advanced, but it only had a few written examples of its output. Then OpenAI gave select access to a beta version of GPT-3 to see what developers would do with it, and minds were blown.

Developers playing with GPT-3 have taken to Twitter with examples of its capabilities: short stories, press releases, articles about itself, a search engine. Perhaps most surprising was the discovery GPT-3 can write simple computer code. When web developer, Sharif Shameem, modified it to spit out HTML instead of natural language, the program generated code for webpage layouts from prompts like a button that looks like a watermelon.

I used to say that AI research seemed to have an odd blind spot towards automation of programming work, and I suspected a subconscious self-preservation bias, tweeted John Carmack, legendary computer game developer and consulting CTO at Oculus VR. The recent, almost accidental, discovery that GPT-3 can sort of write code does generate a slight shiver.

While the discovery of GPT-3s coding skills may have been somewhat serendipitous, there is, in fact, a whole field dedicated to the development of machine learning algorithms that can code. The research has been making progress, and a new algorithm just recently took another step.

The algorithm, called machine inferred code similarity (MISIM), is the brainchild of researchers from Intel, Georgia Institute of Technology, University of Pennsylvania, and MIT. Trained on the huge amount of code already publicly available on the web, MISIM can figure out what a program is supposed to do. Then, after finding other similar programs and comparing it to them, MISIM can offer ways to make the program faster or more efficient.

It isnt the first machine learning algorithm to make recommendations or compare similarity, but according to the researchers in a new preprint paper on MISIM, it was up to 40 times more accurate at the task when it went head to head with several of its most advanced competitors.

Near term, the AI could be a useful sidekick for todays programmers. Further out, the field could open programming to anyone who can describe what they want to create in everyday language or bring machines that write and maintain their own code.

The pursuit of computers that can code is almost as old as modern computer science itself. While there have been advances in programming automation, the recent explosion in machine learning is accelerating progress in a field called machine programming.

In a 2018 paper on the field, a group of Intel and MIT researchers wrote, The general goal of machine programming is to remove the burden of writing correct and efficient code from a human programmer and to instead place it on a machine.

Researchers are pursuing systems that can automate the steps required to transform a persons intentthat is, what they want a piece of software to dointo a working program. Theyre also aiming to automate the maintenance of software over time, like, for instance finding and fixing bugs, keeping programs compatible, or updating code to keep up with hardware upgrades.

Thats easier said than done, of course. Writing software is as much art as it is science. It takes a lot of experience and creativity to translate human intent into the language of machines.

But as GPT-3 shows, language is actually a skill machine learning is rapidly mastering, and programming languages are not so different from English, Chinese, or Swahili. Which is why GPT-3 picking up a few coding skills as a byproduct of its natural language training is notable.

While algorithmic advances in machine learning, like GPT-3, are key to machine programmings success, theyd be useless without good training data. Luckily, theres a huge amount of publicly available code on sites like GitHubreplete with revision histories and notesand code snippets and comment threads on sites like Stack Overflow. Even the internet at large, with accessible webpages and code, is an abundant source of learning material for AI to gobble up.

In theory, just as GPT-3 ingests millions of example articles to learn how to write, machine programming AIs could consume millions of programs and learn to code. But how to make this work in practice is an open question. Which is where MISIM comes in.

MISIM advances machine programming a step by being able to accurately identify what a snippet of code is supposed to do. Once its classified the code, it compares it to millions of other snippets in its database, surfaces those that are most similar, and suggests improvements to the code snippet based on those other examples.

Because MISIM classifies the codes purpose at a high level, it can find code snippets that do the same thing but are written differentlytheres more than one way to solve the same problemand even snippets in other programming languages. Simplistically, this is a bit like someone reading a New Yorker article, identifying its topic, and then finding all the other articles on that topicwhether theyre in Der Spiegel or Xinhua.

Another benefit of working at that higher level of classification is the program doesnt need the code to be compiled. That is, it doesnt have to translate it into the machine code thats executed by the computer. Since MISIM doesnt require a compiler, it can analyze code snippets as theyre being written and offer similar bits of code that could be faster or more efficient. (This is a bit like an email autocomplete feature finishing your sentences.)

Intel plans to offer MISIM to internal developers for just this purpose. The hope is itll prove a useful sidekick, making the code-writing process faster, easier, and more effective. But theres potentially more it can do. Translation between computer languages, for example, could also be a valuable application. It could perhaps help coders update government software written in archaic languages to something more modern.

But Justin Gottschlich, director of machine programming at Intel, has an even grander vision: the full democratization of coding.

Combine MISIM (or something like it) with natural language AI, and future programmers could simply write down what they want a piece of software to do, and the computer whips up the code. That would open programming to anyone with a decent command of their native language and a desire to make something cool.

As Gottschlich told MIT Technology Review, I would like to see 8 billion people create software in whatever way is most natural for them.

Image credit: Markus Spiske /Unsplash

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This AI Could Bring Us Computers That Can Write Their Own Software - Singularity Hub

President Trump blocking people on Twitter in violation of First Amendment, lawsuit claims – News Landed

President Trump is being sued for blocking people on Twitter. A free-speech organization, The Knight First Amendment Institute at Columbia University, followed up with an additional lawsuit on Friday arguing that President Donald Trumps actions of blocking people on Twitter are in violation of the First Amendment.

The lawsuit claims that the Presidents Twitter account should be treated as a public forum run by a government executive that shouldnt block free speech or expression of opinions. Donald Trumps legal team appealed the lawsuit, claiming that Trump can do as he wishes with his private account. However, the circuit court declined to review the decision in March, Forbes reports.

Since then, the plaintiffs have been unblocked from Trumps Twitter account. However, Trumps legal team also said that people who cant specify the tweet that provoked the president to block them and people who were blocked before the president took office were not intended to be blocked by the president.

Read Also: Are you a TikTok creator? TikTok is paying creators $2 billion for content

The lawsuit claims that the blocking unconstitutionally restricts individuals in participating in a public forum (Trumps Twitter account), access public statements, and petition the government for redress of grievances. Though the president has a separate Twitter account (@potus), the @readDonaldTrump is more frequently used by President Trump to announce political news and updates.

U.S. Court of Appeals Judge Barrington D. Parker writes in an opinion, Since he took office, the President has consistently used the Account as an important tool of governance and executive outreach. He also adds that government officials cant block people from an otherwise open online dialogue because they expressed views with which the official disagrees.

What do you think? Should the presidents personal Twitter account be considered a public forum as it is widely used as a presidential account? Or should the lawsuit be dismissed? Let us know in the comments below!

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President Trump blocking people on Twitter in violation of First Amendment, lawsuit claims - News Landed

Trump Still Blocking Critics On Twitter, Watchdog Says In New Lawsuit 08/03/2020 – MediaPost Communications

President Trump continues to block critics on social media, despite judicial rulings that doing so violates the First Amendment, a watchdog alleged in a new lawsuit filed Friday.

This case is made necessary because defendants continue to unconstitutionally block ... individuals from the @realDonaldTrump Twitter account, the Knight First Amendment Institute atColumbia University alleges on behalf of five individual Twitter users in a complaint filed in federal court in Manhattan. Trump and social media director Daniel Scavino are named as defendants.

Two users -- including Georgetown professor of public policy Donald Moynihan -- say they were blocked during his presidency, but don't know what specific tweet provoked the block. The other threesay they were blocked before Trump was inaugurated.

The Knight Institute has sent multiple letters and emails to defendants explaining that the continued blocking of these individualsfrom the @realDonaldTrump account violates the First Amendment, and asking defendants to unblock these individuals accounts, but defendants have expressly refused, the complaintalleges.

In 2017, the Knight Institute initially sued the White House on behalf of seven Twitter users who had been blocked after criticizing Trump. They argued the White House violated freespeech principles by blocking people based on their political views.

The following year, U.S. District Court Judge Naomi Reice Buchwald in New York sided against the White House and issued adeclaratory judgment that the blocks were unconstitutional.

The U.S. Department of Justice appealed to the 2nd Circuit, arguing that Trump acts in a personal capacity, as opposedto an official one, when he blocks people on Twitter.

A three-judge panel of that court upheld Buchwald's decision, ruling that evidence of the account's official nature wasoverwhelming.

The Justice Department then urged the 2nd Circuit to order a new hearing in front of all or most of the circuit's judges. The appellate court rejected that request in March, with two judges dissenting.

The WhiteHouse hasn't yet said whether it will seek review by the Supreme Court.

The Knight Center says that the administration unblocked the original plaintiffs in 2018, as well as others who had beenblocked over critical comments.

But the organization says the administration has refused to unblock people who fall into two categories -- those who can't specify the tweet that led to theblock, and those who were blocked before Trump took office.

The Knight Institute is seeking a declaratory judgment that the continued blocks violate the First Amendment, and an injunctionrequiring the White House to unblock all accounts unless it can justify the blocking on an individualized basis.

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Trump Still Blocking Critics On Twitter, Watchdog Says In New Lawsuit 08/03/2020 - MediaPost Communications

BILL CRAWFORD: What sort of hearts lead us today? – Meridian Star

There are the cold-hearted and the warm-hearted, the kind-hearted and the cruel-hearted, the soft-hearted and the hard-hearted among us. Do hearts matter when it comes to leadership?

Author Clifton Taulbert, who grew up in Glen Allan, Mississippi, thinks so. In 1997, he wrote a book entitled Eight Habits of the Heart gleaned from the people who made a difference in his early life. They told me I was good and that my life had a value.

The people in my small colored community had a thousand reasons not to build, but they ignored that reality and built their lives for my benefit, he wrote. When one builds people, a good community will emerge, one that will leave its imprint beyond our front rooms, far beyond the classroom, beyond the gym, beyond our offices, and, in some cases, beyond geographical boundaries. The Eights Habits of the Heart practiced and lived out in our daily lives builds people and creates a good community.

Those habits are nurturing attitude, responsibility, dependability, friendship, brotherhood, high expectations, courage, and hope.

Pause, now, and re-focus from this heartfelt exposition to our leadership in America today.

Are Taulberts eight habits the traits you sense from them? Or something different?

Back when sit-ins and demonstrations dominated the early 60s in America, the person who led Indias movement to independence from Britain was the often quoted guru of non-violent civil disobedience. He inspired worldwide freedom movements as he campaigned for reconciliation among sub-continent religious sects. Mahatma Gandhi was assassinated at age 79 by a religious zealot.

Gandhi spent two decades of his early life in South Africa before he returned to India. It was there campaigning for the oppressed that he began to formulate his non-violent approach to change. South African History Online writes that Gandhi, harboured no hatred in his heart and was always ready to help people in distress. It was this rare combination of readiness to resist wrong and capacity to love his opponent which baffled his enemies and compelled their admiration.

Hmmm.

These days all sorts of Americans gather as they did in the 60s to demonstrate against what they see as wrong in our society. They have a First Amendment right to do so. The key is such assemblies must be peaceable. Most are, but some have escalated into violence.

One of Taulberts habits is brotherhood. He teaches that brotherhood is the habit that reaches beyond comfortable relationships to extend a welcome to those who may be different from yourself. Jesus told us to love each other including our enemies.

While violence is unacceptable, the leadership challenge today is to manage demonstrations using welcoming security methods that encourage peaceable behavior, not incite violence.

So, are our leaders hearts exhibiting a welcoming spirit and nurturing love for our demonstrating citizens who think differently? Are our leaders telling demonstrators their lives have value? Well, besides those who automatically label them animals, terrorists, agitators, and lowlifes.

Gandhi said, It is better in prayer to have a heart without words than words without a heart.

Regrettably, the heartless are among us, too.

Be patient, bearing with one another in love Ephesians 4:2.

Bill Crawford is a syndicated columnist from Jackson.

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BILL CRAWFORD: What sort of hearts lead us today? - Meridian Star

With Bitcoin Gaining Ground, Is the Altcoin Season Coming to an End? – Cointelegraph

Bitcoin has finally woken from its two-month slumber, as well as interest in the number-one cryptocurrency along with it. Bitcoin futures trading is bustling again, with both volume and aggregated interest at their highest since the March market crash. So, with all the action going on in Bitcoin (BTC), does this mean that the altcoin season is coming to an end? Maybe not.

During a long period of inaction in Bitcoin, which saw traders growing bored and spot and derivatives trading on the decline, there was plenty of action going on in altcoins. Decentralized finance, in particular, is an area that has shown astonishing growth in 2020. In February, DeFi hit an important milestone by surpassing $1 billion in total locked value in its protocols. Today, despite the savage market conditions particularly in the first quarter, that figure has almost quadrupled. Total locked value in DeFi now stands at over $3.8 billion.

DeFi tokens havent been the only ones seeing major price surges either, although they led the charge. Popular altcoin Dogecoin (DOGE) also saw massive gains on the back of the infamous viral TikTok video, and projects like Filecoin and Polkadot also caused a stir (and parabolic gains). All this happened while Bitcoin was languishing in the $9,000$10,000 range, which resembled a stablecoin at times. The alt season had begun in earnest but is it about to stop?

Bitcoin made its biggest move this year when it pierced the resistance level of $10,500 and briefly shot past $11,400 on Monday. This was indeed accompanied by a price correction in most major altcoins, including some of the high-performance DeFi tokens like LINK, Maker (MKR), Compound Coin (COMP) and Aave (LEND) at the beginning of this week.

The temporary retractions, as BTC made an epic breakout, seemed to suggest that traders may have been taking the gains made in these alts and placing them into Bitcoin and Ether (ETH). Lets not forget, after all, that Ether, despite stalling a little in the last couple of days, has still posted gains of more than 40% this month.

On Thursday, however, as BTC hovered around the $11,000 mark, indecisive of which way it wants to go next, many of the DeFi tokens made up for lost ground. Notably, Aave and Synthetix Network Token (SNX) registered 24-hour gains of 18.8% and 6.5%, respectively.

While we can perhaps conclude that the altcoin season may have temporarily pressed pause while Bitcoin stole the limelight, lets remember that most altcoins follow Bitcoins pattern and rise in price shortly after as well. BTCs gains are good for altcoins, and the buzz surrounding DeFi cannot be ignored. Just as were seeing more and more locked value every day, we are also seeing major institutional investment in the DeFi space.

Giant players like TD Ameritrade, CMT Digital and Arca Labs have all been investing in DeFis development and calling for regulatory clarification. Weve even seen the United States Securities and Exchange Commission approve an Ethereum-based fund by Arca Labs earlier this month. Bitcoins dominance may still remain high at 61.4%, but the promise of DeFi, the expectations surrounding Ethereum 2.0 and its major gains this year all show more promise for alts.

Moreover, with U.S. banks now being allowed to custody Bitcoin, a nod from the SEC at Ethereum, and no investor able to ignore the potential of DeFi, the signs look bullish for the space in general. And unlike the wild bull run of 2017, this time around, the industry is infinitely better prepared. The run wont be simply retail-driven or fueled by fear of missing out, and the high-quality projects leading the charge have shown real progress and promise, as well as real products to back up their white papers.

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Jay Hao is a tech veteran and seasoned industry leader. Prior to OKEx, he focused on blockchain-driven applications for live video streaming and mobile gaming. Before tapping into the blockchain industry, he already had 21 years of solid experience in the semiconductor industry. He is also a recognized leader with successful experiences in product management. As the CEO of OKEx and a firm believer in blockchain technology, Jay foresees that the technology will eliminate transaction barriers, elevate efficiency and eventually make a substantial impact on the global economy.

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With Bitcoin Gaining Ground, Is the Altcoin Season Coming to an End? - Cointelegraph

Bitcoin Surpasses $12,000 Then Tumbles in Wild Weekend Action – Bloomberg

Bitcoin reminded investors of both its promise and peril in trading this weekend.

The worlds largest cryptocurrency rose to $12,112 in trading just after midnight New York time, its first foray above $12,000 since August 2019, according to pricing compiled by Bloomberg. But it plunged shortly thereafter -- 30 minutes after that high, it had dropped to $10,638.

It was down 6.7% to $11,054 as of 8:48 a.m.

Clearing resistance at $10,000-$10,500, which coincided with the downtrend line from the late 2017 highs and first-quarter 2020 highs, established a higher high for Bitcoin confirming a new tactical uptrend, according to Rob Sluymer, technical strategist at Fundstrat Global Advisors LLC.

In the short-term Bitcoins daily momentum indicators are overbought (as they are for gold), but beyond some very near-term choppy trading, Bitcoin is likely to continue to trend to its next resistance level at $13,800.

Bitcoin has rallied strongly in recent days after rising above $10,000. It had fallen as low as $4,904 in mid-March around the height of coronavirus-fueled market uncertainty, but by mid-May was back around $9,000. While cryptocurrencies volatility continues to attract skeptics, JPMorgan Chase & Co. in June noted that Bitcoins rally back from the March depths suggests it has staying power. The cryptocurrencys notable moves both last weekend and this one recall a similar phenomenon in 2019, when outsized gains took place numerous times during Saturday and Sunday trading as the price rose from a few thousand dollars into five-digit range.

Before it's here, it's on the Bloomberg Terminal.

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Bitcoin Surpasses $12,000 Then Tumbles in Wild Weekend Action - Bloomberg