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Top 10 Big Data Resolutions that Business Must Abide by in 2022 – Analytics Insight

Let us take a look at the 10 of the best big data resolutions that businesses should follow in 2022

Big data, like all technology, is always changing, and the start of a new year is an excellent moment to take stock, identify areas for improvement, and look for new opportunities.

Big data, AI, and analytics will reach a tipping point in 2022, with more firms expecting concrete business benefits. However, from the perspective of IT, there is still a lot of work to be done.

Big data is a general term that refers to both structured and unstructured data collections that are too massive and complicated for typical data processing tools and systems to handle. Predictive analytics, user behaviour analytics, and other advanced data analytics approaches that extract value from big data are frequently powered by Big Data Resolutions and are rarely limited to a specific data set size.

To capture all of an organizations data and then feed it operationally and to analytics, Big Data Resolutions solutions are required. The Leadership Stage embraces analytics and incorporates it into all applications and business processes.

Here are the ten latest Big Data resolutions for an IT or Business which should be followed in 2022:

Many companies have just kicked the can down the field, avoiding any conversation about huge data retention. This could be due to apprehension about what would be required if the corporation were forced to conduct legal discovery in the event of a lawsuit, but its more probable that data retention is absent because no one has set aside time to do it.

IT should focus on bringing Big Data Resolutions as well as more traditional structured data into the data fabric it creates to link up all of these silos and repositories to break down departmental system silos and make across-the-organization data available to everyone for analytics and decision making.

Implementing no-code and low-code reporting technologies for analytics can help end users get more analytics reports faster while also reducing IT workload.

Its great to put an analytics application into production, but is it still serving the business as well as it did when it was initially deployed two years ago?

Businesses are always changing. There will inevitably be a drift between what analytics solutions continue to focus on and what the business requires right now. In 2022, you should evaluate the performance of the analytics applications you now have in place to determine how effectively they are working and whether they are still satisfying the requirements of the business use cases for which they were built.

Big Data Resolutions and analytics, like structured data and applications, require ongoing maintenance. However, many companies that use analytics and big data dont have maintenance practices in place. Maintenance procedures for big data and analytics in production have reached a point of maturity where they should be established and practised.

New IT skills are required for workers to manage and assist Big Data Resolutions operations and analytics. Additional training in data analysis, data science, big data storage and processing management, as well as proficiency with emerging development technologies like low-code and no-code analytics, may be required.

Big data, for example, can be obtained from a number of different third-party sources. These sources, as well as your own internal Big Data Resolutions, should be evaluated on a regular basis for compliance with company security and privacy guidelines.

Although many vendors offer big data and analytics technologies, not all of them provide the same level of support when you need it. Working with providers who provide active assistance for your employees in the use of Big Data Resolutions and analytics tools, as well as direction throughout significant projects, is critical. If youre working with vendors who dont provide the degree of assistance you require, its a good idea to switch to someone who does.

Almost every business aims to improve its consumers experience with it. The development of customer-facing automation and support aids for assisting customers in having requests, queries, and issues answered is at the heart of this process.

Customer-facing systems that employ NLP (natural language processing) and AI (artificial intelligence) to interpret customer sentiment and engage in discussions are still in the early stages of development. Companies that concentrate on enhancing NLP and AI efficiency in these areas will gain a competitive advantage in the upcoming years.

When Big Data Resolutions and analytics were first deployed in businesses, there was a lot of talk about them. These technologies are now more developed and are making their way into the mainstream of corporate systems.

CIOs should meet with other C-level executives and stakeholders in 2022 to review AI and analytics progress and win support for the next steps.

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CSRWire – Bayer: The Breakthrough Innovation Forum – CSRwire.com

Published 04-01-22

Submitted by Bayer

What do you get when you combine the best ideas coming out of biology, chemistry and data science?

A powerful tool with the potential to change lives for the better.

From curing incurable diseases, providing people with preventive tools to live healthier, better and longer lives, to producing enough food for our growing population without starving the planet, we are on the brink of unlocking a world of enormous potential.

While the worlds biggest challenges may appear to be very different in nature, the key to overcoming them could be similar. It all comes down to this confluence of the life sciences and data science.

Join us for the Bayer Breakthrough Innovation Forum where we will shed light on the promise this new era in the Life Sciences holds for humanity.

Join us April 1 for a virtual event-Add to calendar

What does this mean for health and nutrition?

While still in its early stages, the convergence of chemistry, biology and data science to accelerate innovation is much more than a theoretical scientific concept. Scientists around the world are already working on applications that leverage todays enhanced technological toolkit to decode and engineer biology for the benefit of people and the planet.

We are driven to push the limits of what medicine can do today. Cell and gene therapies can move the needle from managing sick care, to providing true healthcare. Precise, personalized care could one day be available to everyone on the planet beforethey get sick.

In agriculture, biotechnology will be a critical enabler for our ability to feed the 10 billion people that will be on the planet by 2050 while at the same time fighting the impact of climate change. To grow more food with fewer resources like water, we will need to shift to a regenerative approach and make crops more resilient to climate impacts.

Shorter stature corn, and the number of resources it saves by not snapping in high winds, is just one example of climate-smart agriculture already in action. And advances in digital farming are giving growers the opportunity to maximize the amount of carbon they capture from the atmosphere. Our work to establish the carbon marketplace is one more example of genetics and data coming together to help solve what previously seemed unsolvable.

"Health and nutrition are among the most basic needs of societies around the globe. Its the definition of systemic relevance. Based on the converging worlds of genes, cells and data, we see anew foundation for scientific breakthroughs in those areas."

Werner Baumann , Chairman of the Board of Management (CEO) of Bayer AG

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Bayer: Science For A Better Life

Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2015, the Group employed around 117,000 people and had sales of EUR 46.3 billion. Capital expenditures amounted to EUR 2.6 billion, R&D expenses to EUR 4.3billion. These figures include those for the high-tech polymers business, which was floated on the stock market as an independent company named Covestro on October 6, 2015. For more information, go to http://www.bayer.com.

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Microsoft DataNext: ‘Putting AI Innovation into Action’ ended on a successful note – Analytics India Magazine

The AI-focused virtual summit, DataNext: Putting AI innovation into action, successfully concluded on March 22, 2022. The event saw the participation of over 1000+ industry stakeholders across businesses, 40+ speakers, and 15+ immersive demos and industry-specific solutions to improve business outcomes powered by data, analytics and AI

These sessions gave an in-depth insight into some of the best practices and megatrends curated with exclusive live showcases of technological innovations, immersive demos, hands-on labs, and more. Some of the speakers and delegates who participated in the day-long digital event included Gramener CEO Anand S, Flipkarts SVP, and Head of Analytics and Applied Sciences Ravi Vijayaraghavan; Microsoft Asias GM Data and AI Renee Lo; Microsoft India CTO Dahnesh Dilkhush, among others.

At the opening session, Anand S from Gramener, who spoke on Natural intelligence: Teaching humans to use data, highlighted the importance of telling stories with data and how businesses can leverage this to present their data vividly.

Dont share the analysis. Dont share the data. Instead, share the insights as complete stories, said Anand S, saying that the real effectiveness of clear storytelling comes with practice.

Following that, in an exclusive spotlight session, Flipkarts SVP Vijayaraghavan spoke on Analytics and Data Science for E-commerce overview and use cases on Customer Experience. In one of the most insightful sessions of the Microsoft DataNext event, he explained how the Indian eCommerce giant uses analytics and data science techniques to solve multiple business problems and enhance the customer experience in real-time. The session predominantly focused on applications of consumer modelling by leveraging various AI/ML techniques and statistical methods in driving a better experience for its customers.

This was followed by a keynote presentation from Microsoft Asias GM data and AI Renee Lo, where she spoke on the topic Future of Decisions: A Chief Digital Officers Top of Mind. Here, she addressed some of the underlying factors driving digital transformation today, and how business leaders and CDOs can navigate through ambiguity.

She said that businesses should look at the entire landscape and not just a data platform. Further, she emphasised that businesses should look at their people, operating model and executive strategy, to ultimately work on big business use cases, impacting the entire organisation.

The one-day Microsoft DataNext event had exciting industry-focused roundtable discussions, deep-dive tech workshops and solution demos across diverse topics and formats.

The keynote speech was followed by a roundtable discussion on how CDOs can enable data-driven culture within organisations. The session was moderated by Biswajit Das, Director at KPMG, alongside other industry leaders, including Microsoft India CTO of Azure Dahnesh Dikhush, Innominds Meduri Ravi Kumar, Happiest Minds Technologies Ajay Agarwal, eClerxs Gokulraj Perumal, Capillary Technologies Gaurav Mehta, CMS Info Systems Rohit Kilam, and Cigniti Technologies Rajesh Pawar.

Other tech roundtable discussions included:

Besides these tech roundtable discussions, Microsoft DataNext had a series of workshops around data modernisation, cloud-scale analytics, and Azure AI from leading solution experts across Asia, Australia and India, comprising topics such as

Microsoft DataNext summit was curated in collaboration with Analytics India Magazine. The event was aimed to help business and technology leaders understand and unlock the next wave of data and AI solutions for accelerated growth.

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Confiz Data Summit sets the stage to celebrate technological excellence, and promote innovation in tech – TechJuice

In light of the ever-growing technological innovation and the rising growth opportunities in the field of data science, an industry-leading software house headquartered in Pakistan, Confiz, decided to establish a globally recognized knowledge-sharing platform called the Confiz Data Summit. Hosted on 26th March 2022, the event is believed to be Pakistans first-ever data and machine learning summit organized to further Confizs agenda to inspire ideas, and innovation in the data science community as the global big data market is set to reach $234.6 Billion by 2026.

At Confiz, we believe that hard work, innovation, and knowledge sharing are the key factors for technological advancement. The Confiz Data Summit is an effort to promote and propagate our values for students, professionals, and educators to bring into practice our efforts for a better and more knowledgeable data community in Pakistan., Faheem Jabbar keynote speaker at the Summit and Senior Data Architect at Confiz.

The event was the first-ever hosted of its kind, and was planned in collaboration with the University of Management and Technology (UMT) on 26th March 2022. It was revered by the 300+ online registrants and 150+ on-site attendees as it presented an opportunity to learn, share, and celebrate the latest trends and technologies shaping the future of data.

The speakers spoke about modern day technology applications, unique business use cases, and the fast-expanding global technology landscape. During the speeches, great insights on vision technology, demand forecasting, the future of artificial intelligence and machine learning, data ingestion, and prominent data management techniques were shared.

Our goal for today is to dive deep into the intricate world of data science, discuss the recent developments in this fast-expanding industry, and dissect modern problem-solving techniques as crucial to leveraging data innovation., Aitezaz Sheikh Vice President Engineering at Confiz.

Prominent speakers at the event included:

Syed Fahad Khalid Lead Product Manager AI, Meta

Muhammad Fahad Bhatti Specialist Data Governance Trainer

Nauman Bashir Sr. Software Architect, Confiz

Naufil Hassan Senior Machine Learning Engineer, Confiz

Jawwad Mansoor Principal Data Scientist, Confiz

Dr. Fazeel Abid Assistant Professor, UMT

Usman Barkat Chief Innovation Officer, Algo

The event also served as a networking platform for those in attendance including seasoned IT professionals, software developers, machine learning experts, data scientists, and university professors, who shared the common passion towards revolutionary change-enablement in the field of data science.

The Confiz Data Summit proved to be a success, fueled by an overwhelming response from the students and industry experts globally, and has set the stage for similar thought-leadership initiatives for other industry leaders in the technology landscape. Confiz commits to carry on the initiative annually to invest in the culture of knowledge sharing, collaborate with industry professionals and support future data enthusiasts globally.

About Confiz

Confizis a global technology service and solutions company, catering to small, medium, and large enterprises, with multiple Fortune 100 customers in retail, CPG, manufacturing, and other verticals. The company was founded in 2005 and has now grown to a workforce of more than 600 team members working from offices in the US, Europe, the Middle East, and South Asia.

Its expertise areas include cloud, data analytics, business intelligence and footfall analytics solutions, Microsoft Power Platform, Microsoft Dynamics 365 ERP and CRM, and bespoke development and consulting services. Over the years, the organization has excelled through seasoned leadership, a highly qualified and efficient workforce, and a strong uncompromising focus on quality deliverables.

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5 Ways to Scale AI Projects and Adopt Artificial Intelligence in Your Company – Analytics Insight

In the past few years, the tech sector has been in love with artificial intelligence (AI). With applications ranging from high-end data science to automated customer service, this technology is appearing all across the enterprise. The key to successfully scaling an AI project is identifying which challenges you will face along the way and how to solve them. Here is how you can accelerate AI adoption and scale AI projects correctly:

Organizations will have to extend the number of data sources and collect different types of data. The more diverse data sources are, the more depth AI-based algorithms will have and the better they will perform. Make sure to evaluate the authenticity and accuracy of each data source before feeding its data to AI-based models.

A playbook is an all-in-one solution to automate and grow any sports, camps & youth, a fitness organization, or facility. Developing a team is important for the success of an AI project. Once you have a team, you need to provide them with the right training, create an AI strategy, and establish internal and external customer communication channels. It works for many types of organizations.

Multi-pronged skills are key to enhancing the employability Quotient of youth. Completing AI projects or scaling them is not easy. Finding individual data experts, data security analysts, machine learning engineers, etc is not easy. Since AI-based algorithms are resource-intensive there is a need to use a dedicated server.

In order to complete the AI project successfully firstly find the best use case and partner with business leaders. They will also have to engage a broader ecosystem to get valuable insights, technology, and talent. Set clear goals and milestones to keep your team focused otherwise, your AI projects can easily get derailed from the path.

AI and MI models are as good as the quality of data you feed them. If feed AI and machine learning models with high-quality data, these models will work perfectly. Once the data dont have inconsistencies and issues, MI and AI-based models will work flawlessly and deliver desired results.

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Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

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Art and science come together in OSU professor’s exhibit at The Little Gallery – Orange Media Network

Zeva Rosenbaum, Photographer

Professor Jerri Bartholomew stands next to her art installations Salmon and There Will Be Good Years: 2009-2021 (lower) at The Little Gallerys exhibition of her work titled Abstracted: Where Science Meets Art and Music on March 4. This piece and others incorporate data from her microbiology work into art pieces created by herself and other collaborative artists.

Jerri Bartholomew has combined her glass art and extensive microbiology work in a new exhibit titled Abstracted: Where Science Meets Art and Music at The Little Gallery in Kidder Hall through April 8.

Bartholomew, a microbiology professor at Oregon State University, discovered her passion for microbiology, specifically in the field of fish-related diseases, during her graduate studies at OSU. Forty-one years later, shes still here and has worked across various roles in the microbiology department. Bartholomew is also director of the John L. Fryer Aquatic Health Laboratory.

According to Bartholomew, shes always had an interest in art. She said that, even though she chose science as a career, art has always been an important aspect of her life. She took glass art classes toward the end of her graduate studies and became very interested in it, describing glass art as a field in itself.

The inspiration behind her art, Bartholomew said, is her science. She said shes been creating scientifically-based art pieces for over 20 years and while she was on sabbatical in 2021, one of her goals was to explore the interconnectivity of art and science and find ways to get people interested in the science they do.

The art-sci network on the OSU Corvallis, Ore. campus is a community Bartholomew wants to draw more attention to, including their Seminarium group intended for students who want to explore the connections between art and science.

Bartholomew said there are a lot of great art-sci connections at OSU that, despite having no current formal structure, are a strength to keep in mind.

The Little Gallery and Helen Wilhelm, the gallery curator, have featured other exhibits involving the art-sci community in the past. Bartholomew said The Little Gallery is a nice, personal space among other gems on campus that are lesser-known and she hopes theyll have more exposure in the future.

According to Bartholomew, the title of the exhibit, Abstracted, is inspired by the first part of a scientific manuscript: the abstract. She said this part of the paper distills down the entire project and is the part most likely to be read. She said she wanted to see how far she could take abstraction in the artistic sense while still making the viewer curious about the science itself.

Bartholomew said she combines science and art in a few different ways. One of the pieces in the show includes data graphs taken from one of her research projects on the Klamath River, which she then incorporated into glass. She said art helped her to ask further questions of her own science that she may not have otherwise.

Another way she combined technology and art was by collaborating with musicians, Bartholomew said.

Jason Fick, OSU assistant professor of Music Technology, coordinator of Music Technology and Production, and president of the College Music Society, Northwest Region, sonified Bartholomews data into a 16-minute digital musical piece which is included in the exhibit Murky Waters.

Fick said he and Bartholomew have been working together on this data for about two years after meeting in 2016. Fick said he created a software platform to read data and map it to sound behaviors in real-time. The data includes waterborne spore density, water flow and temperature.

According to Bartholomew, she worked with Andrew Myers, instructor of Art at OSU, and Dana Reason, OSU assistant professor of Contemporary Music and musician, on a piece concerning developmental cycles of parasites titled Microdestruction: Using Art and Music to Understand Parasite Development. Meyers created a live drawing from the data while Reason composed a musical piece to tell its story.

Reason, who is also the coordinator of Popular Music Studies for Ecampus and Corvallis campuses, said she hasnt seen the full show yet, but shes excited to share and celebrate this exhibit.

Prior to working on this show, Myers and Bartholomew co-taught a course titled Art of the Microbiome, which combined art and microbiology, and both serve as advisors for Seminarium, an OSU student club that examines the intersection of art and science.

In this project I am giving my visual interpretation using traditional drawing media, in collaboration with Dana Reasons performance of the life cycle of the parasite central to Jerris research, Myers said. Collaborations, specifically interdisciplinary collaborations, are extremely interesting to me and this one has been very rewarding.

Bartholomew said art and science dont have to be separate, and indeed didnt used to be until the past 150 years or so.

According to Bartholomew, next year shell be working on the Klamath River dam removal, and she will be incorporating aspects of that into her art next winter.

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4 Altcoins to Watch Closely in April – The Motley Fool

Image source: Getty Images

As crypto prices show signs of recovery, put these cryptos on your radar.

After a sluggish start to 2022, cryptocurrency prices finally started to rise at the end of March. But if there's one thing the last few months have taught us, it's that crypto prices are unpredictable. The recent price growth is a great sign, but it's too early to start talking about a recovery -- and Bitcoin (BTC) has a long way to go before it regains its highs of last year.

Nonetheless, market sentiment has finally become more optimistic. The crypto fear and greed index has shown "fear" or "extreme fear" for some time, but as I write this, it has tipped into "greed" -- meaning people are hopeful the crypto slump has passed. Only time will tell if those hopes are well founded.

Here are four coins to put on your watchlist for April.

Tezos is a relatively well-established smart contract crypto. However, it failed to post the same gains as coins like Solana (SOL) or Avalanche (AVAX) last year. This could be because the project had management difficulties and faced lawsuits after its ICO back in 2017/2018 that put a significant dent in investor confidence. However, the tide may be changing.

Not only is Tezos about to launch a big upgrade, but it's also beginning to gain traction in the non-fungible token (NFT) space. Several NFT marketplaces, such as Rarible, offer NFTs on the Tezos blockchain. A recent Coinbase poll showed many users would like to see it add the Tezos network, which sells itself as an eco-friendly alternative to Ethereum, to its NFT platform.

Cryptocurrency exchanges: Coinbase, Binance, Binance.US, Kraken, Gemini, and others.

Our top crypto play isnt a token - Heres why

Weve found one company thats positioned itself perfectly as a long-term picks-and-shovels solution for the broader crypto market Bitcoin, Dogecoin, and all the others. In fact, you've probably used this company's technology in the past few days, even if you've never had an account or even heard of the company before. That's how prevalent it's become.

Sign up today for Stock Advisor and get access to our exclusive report where you can get the full scoop on this company and its upside as a long-term investment. Learn more and get started today with a special new member discount.

COTI wants to establish itself as the "ultimate power grid of payments." COTI is a smart contract crypto that aims to make it easy for people to create stablecoins and digital payment networks. It is not alone -- both Terra (LUNA) and Stellar Lumens (XLM) are operating in similar spaces. But both of these are in the top 50 cryptos by market cap where COTI ranked at No. 186 at time of writing.

COTI is already partnering with Cardano (ADA) on its Djed stablecoin. Indeed, its close relationship with Cardano, which jumped over 30% last week, is one reason to put this coin on your radar. Another is the recent launch of COTI Ventures, an investment fund designed to focus on opportunities in the COTI ecosystem. It has an initial budget of $10 million and has already made its first investment in a Cardano-based decentralized exchange called WingRiders.

Cryptocurrency exchanges: Coinbase, Binance, KuCoin, Gate.io, and others.

Audius is one of several Web 3 music streaming platforms that aims to allow anybody to distribute, monetize, and stream audio. It wants to empower artists by letting them connect directly with their audience, without the need for a record label. The crypto is currently trading over 70% down from its all-time high of last March, and may be a good Web 3 project to have on your radar for the long term.

Founded in 2018, Audius already has over 1 million monthly listeners. Its partnership deal with TikTok cemented its position as a key player in the blockchain music space. Audius also recently completed its migration to the Solana blockchain. This means users and creators can benefit from speedy, low-cost transactions.

Cryptocurrency exchanges: Binance, Binance.US, Gemini, Kraken, Crypto.com, and others.

I left Ethereum for last because it is so big that many don't even consider it an altcoin. However, it is close to its all-important switch from the gas-guzzling proof-of-work validation model to the more eco-friendly proof-of-stake system. This long-awaited step is also known as "The Merge," and Ethereum founder Vitalik Buterin has said it will take place this summer.

It is only part of a bigger staged upgrade, but will still be a significant milestone. As anticipation about the upgrade builds, Ethereum will be top of mind for almost every crypto investor. A successful switch could build confidence industry wide; conversely, technical problems could put the brakes on any kind of price recovery.

Available from most top cryptocurrency exchanges.

Each month we bring you a selection of altcoins to watch, but here at The Ascent, we advocate long-term investing. The coins above are worth your attention not only in the next month, but in the longer term. And, as you do your research, it's good to try to maintain a long-term lens. Look for projects you think might perform well in the coming five to 10 years, rather than one that might jump in the next couple of months.

The recent jump in crypto prices could be the beginning of a price recovery. However, there are still many uncertainties. These include, regulatory developments, wider economic conditions, and the ongoing Russia-Ukraine conflict. Make sure you only invest money you can afford to lose, and don't put crypto investing ahead of other financial goals. That way you won't face financial disaster if crypto prices fall again.

There are hundreds of platforms around the world that are waiting to give you access to thousands of cryptocurrencies. And to find the one that's right for you, you'll need to decide what features that matter most to you.

To help you get started, our independent experts have sifted through the options to bring you some ofour best cryptocurrency exchanges for 2022. Check out the list here and get started on your crypto journey, today.

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Bitcoin (BTC), XRP and One Additional Altcoin Set for New Rallies, Says Closely Followed Crypto Strategist – The Daily Hodl

A closely tracked crypto strategist says he believes Bitcoin (BTC), XRP and one more altcoin will likely sustain their bullish momentum despite some market turbulence over the weekend.

Pseudonymous trader Credible tells his 320,200 Twitter followers that he sees Bitcoin pulling back to the $42,000 level before resuming its uptrend.

With this last weekly close, we have reclaimed a very significant level. The last four times we closed above or below this level on [the] high timeframe, we have moved to the opposite end of the range over a number of weeks. Expecting the same this time a retest of low $40,000 and continuation up. BTC.

Looking at Credibles chart, the crypto strategist predicts a Bitcoin rally above $50,000 once the brief pullback is over.

Another coin on the traders list is XRP, which he says is gearing up for a rally above $1.00 after the eighth-largest crypto asset established a bullish higher low setup.

Taking a bit longer than expected but still on track. Higher low put in and grinding up. May see some lower timeframe volatility but I do think we hold our higher low and continue up from here. XRP.

Based on Credibles chart, he predicts XRP will rally to $1.01 first and then $1.50.

The last coin on Credibles radar is Litecoin (LTC), a cryptocurrency built for payments. According to Credible, Litecoins chart resembles the market structure of Zilliqa (ZIL), a low-cap altcoin that erupted by over 600% in a short period of time.

ZIL up nearly 6x in two weeks and LTC seems to be setting up similarly from a technical perspective This next leg up across the board is gonna be fun.

Featured Image: Shutterstock/Milles Studio/Milissa4like

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3 Coins To Buy As Altcoin Season Begins – Seeking Alpha

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Last weekend Bitcoin (BTC-USD) broke past a key resistance level, and bullishness returned to the market. However, many altcoins, Ethereum (ETH-USD) included, had already shown a lot of promising signs of reversal.

In this article, I discuss why I believe altseason, a period where altcoins outperform Bitcoin, has begun, and recommend 3 Altcoins you should own.

Since crypto markets began to gain popularity, investors and traders have been looking at optimum strategies to maximize returns. One such strategy relates to understanding the different market cycles, and one of them is altseason. While generally crypto moves together, there are some periods where Bitcoin leads the pack, but also others where altcoins outperform Bitcoin. There are a few charts that can give us some insight into this dynamic, and help us determine if altseason is upon us.

BTC Dominance (Author's work)

The chart above shows the percentage of the total crypto market cap that is made up of Bitcoin. This has been in a clear downtrend since 2016, which is understandable given that more altcoins are appearing every week. However, we see that altcoin dominance peaked in 2018. Bitcoin recovered ground until 2021 when we saw another altseason take place.

What we could identify here is an inverted cup and handle pattern, which would suggest that Bitcoin dominance should be heading further down in the future. But this is only one of many indicators we can use.

ETH/BTC (Author's work)

The ETH/BTC chart shows the price of Ethereum in terms of Bitcoin. When the chart goes up, it means Ethereum is outperforming Bitcoin. In the past, big moves in Ethereum have been a warning trigger for the beginning of the altseason.

Lastly, Id like to talk about a chart that you can see here. It was made by Twitter user @BTCFuel. What we see is an overlay of Altcoins today vs. Bitcoin in 2010-14. The theory is simple. Because altcoins can be thought of as a newer Bitcoin, its price today is more correlated to that of Bitcoin in its earlier stages. This means that we should see altcoins price rise more exponentially as Bitcoin did back in the earlier stages of its cycle.

The first alt you need to own is Ethereum. Ethereum is the most important alt, and it is the leader of the pack. Though Ethereum has had its issues, we have seen some very bullish news come out in recent weeks. The London fork upgrade, combined with the upcoming move to PoS, means that Ethereum will be much more deflationary. The blockchain should be moving to PoS by the end of Q2 or Q3. I talked about this more extensively in my last ETH piece.

This is where Im expecting Ethereum to go in the next few months.

ETH price (Author's work)

If we measure the move from 1900 to 4680 as wave i, then the target for wave iii would be around $6800-$8000. This is where the 1.618 and 2 Fibonacci extensions land.

Fantom (FTM-USD) is a layer 2 solution that holds a lot of potential. Even with ETH becoming more scalable, L2 solutions will still be needed, and Fantom has some of the best technology out there. Fantom blockchain can handle around 20,000 tps, and it is designed so that each application in it exists as a separate blockchain within the blockchain.

FTM Price (Author's work)

Using EWT, I believe Fantom could reach a target price of $5.6-$7 in the next move up. Thats 4-5x from todays price.

LUNA (LUNA-USD) is the native coin of the Terra blockchain and was created in conjunction with CHAI, the South Korean e-wallet application. The main use of Terra is to support algorithmic stablecoins, like UST, a dollar stablecoin. This is done by providing arbitrage opportunities between said stablecoins and Terra, which ensures that supply and demand balance out at the established peg.

Stablecoins have become incredibly popular, and Terras algorithmic coins are solving real-world problems, especially in Korea where the CHAI app is used by merchants to accept payments. To maintain the peg, algorithmic coins require LUNA, which is burned or minted. What is certain though, is that as these stablecoins become more used, demand for LUNA will increase, and so will its price.

LUNA price (Author's work)

Looking at LUNAs chart, we have clear evidence that a bottom is in, and the target for the next wave up should be at least $126-$156. This is not a great return from todays price, but I still recommend owning LUNA based on its strong fundamentals and use case. Also, we should see some more attractive buying levels in the next few weeks.

I see strong evidence that we have entered another bull phase in crypto, especially for altcoins. Cryptocurrencies have put in convincing bottoms and rallied strongly, but there is still plenty of juice left to squeeze in this rally. We may see more attractive adding levels for a lot of altcoins in the coming weeks, which I would consider the last chance to add before the big rally.

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3 Coins To Buy As Altcoin Season Begins - Seeking Alpha

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Solana-Based Altcoin Explodes 20,000% in One Month As Project Teases Partnership With Crypto Giant – The Daily Hodl

A lifestyle crypto project built on the Solana (SOL) blockchain is hinting that it has a big announcement coming down the pipeline.

In a recent interview, an unnamed STEPN (GMT) crypto platform representative says they have an upcoming announcement relating to sportswear giants Adidas and Nike.

Big sports brands like Nike and Adidas are known for shaping the market regarding walking and running. Do you see these players as a threat in the future?

You will see we have an announcement about this very soon.

STEPN is a lifestyle app that incentivizes a healthy and active lifestyle by rewarding users with tokens for participating in outdoor activities such as walking and running.

Earlier this week, STEPN had teased on Twitter that it was planning an undisclosed partnership with the Binance cryptocurrency exchange.

The native governance token of STEPN, GMT, is trading at $2.03 at time of writing. GMTs token sale occurred on Binance on March 9th at an initial exchange offering price of $0.01. The token has recorded a 20,200% rally in a little over three weeks.

STEPN has a dual-token system with GMTs use case being voting and staking while the Green Satoshi Token (GST) being a user reward for walking or running.

In the Solar Eco Fund interview, the move-to-earn crypto project says that maintaining a high return on investment (ROI) on the GMT token is one of the methods it will employ to maintain a competitive edge.

People are chasing high sustainable ROI, we believe we will be on the top of the list by providing long-lasting use cases and burning scenarios of GMT to maintain the high demand of GMT.

STEPN also says that its strategy for attracting more users includes converting the [STEPN] app into an [non-fungible token] and social platform.

Featured Image: Shutterstock/Art Furnace/Natalia Siiatovskaia

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Solana-Based Altcoin Explodes 20,000% in One Month As Project Teases Partnership With Crypto Giant - The Daily Hodl

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