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24 06, 2024

Not All Crypto Games Are Game-Changers

By |2024-06-24T22:34:13+03:00June 24, 2024|News, NFT News|0 Comments


Web3 gaming has come a long way in the last five years. From little more than a concept to a working reality that’s entertaining millions of daily users, while keeping an army of developers working around the clock, gaming is now a crypto industry mainstay.

But while the infrastructure, user experience, and game quality have improved markedly, there’s still work to be done if web3 gaming is to capture a slice of the $200B video market that attracts over 3 billion players. Nevertheless, the industry is streets ahead of where it was in 2022, when the reality couldn’t match the hype that saw the first wave of web3 games record a spike in users before rapidly plummeting as economic incentives tailed off.

The web3 gaming ecosystem today is multi-layered, multi-chain, and multi-themed, encompassing everything from simple mobile games to expansive MMORPGs that are approaching AAA standard.

The State of Web3 Gaming Today

With a $16B market cap and daily volume of over $1B, GameFi tokens account for a significant tranche of all crypto economic activity. While some of these assets, such as ALICE, are unique to particular games or gaming studios, others serve as protocol native tokens for gaming chains. These are used to cover network fees, for staking by developers building on the chain, and by players to power in-game upgrades and purchases. This is true of the native assets of gaming-centric chains Chromia (CHR) and Oasys (OAS).

A better gauge of the value of web3 gaming can be found by looking at investment that has poured into the sector in recent years. Between 2022-23, $10B was invested into blockchain gaming. The results of this capital have already begun to manifest: gaming now accounts for 34% of all dapp activities with an average of over 1.1M daily users. A drop in the bucket when measured against the video game market, perhaps, but GameFi has captured a respectable share of the blockchain market and the numbers are growing steadily.

So far this year, $2.9B has been invested into 163 gaming and metaverse projects. Even more encouragingly, traditional gaming studios are entering the arena, re-releasing classic titles with web3 features integrated, and launching new GameFi titles that leverage IP. As a result, the quality of web3 games available has markedly improved.

As the leading web3-native games have matured, loyal communities have coalesced around them formed of players who are in it for fun primarily rather than profit. Examples include My Neighbor Alice, a multiplayer builder game inspired by Animal Crossing. Players can buy and own virtual land, collect items, meet friends and build the island.

Alien Worlds, a community-built meraverse, has also prospered with 2.25M unique wallets created this year. Other titles that have carved out a corner of the market include Gods Unchained, Splinterlands, and Upland. Web3 gaming now occupies a number of categories that have proven ideally suited to tokenization and blockchain components including Move-to-Earn (Sweat Economy, SuperWalk, Genopets), Metaverse (Alien Worlds, SecondLive), Card-based (BLCR), Sports (Gamifly, motoDEX, Ultimate Champions), and RPG (CryptoBlades, Nine Chronicles, DeFi Kingdoms).

Game-Changers and Game Losers

In the grand quest to bring players onchain and deliver rewarding experiences that will attract daily active users, some ecosystems have prospered while others have lost market share and will struggle to regain the momentum they once had. In the former camp, Chromia and Oasys are both going strong.

Chromia’s architecture, which includes novel onchain logic that supports enhanced NFTs, has made it an attractive proposition to gaming developers. Its relational blockchain makes it possible to query data directly onchain, perform hundreds of read-and-write operations with a single transaction, and index block data in real-time. All of which allows developers to create rich gaming experiences that aren’t burdened by scalability issues or reliant on centralized databases.

Oasys, meanwhile, recently unveiled its technical roadmap which is focused on solving the challenges of App Data Availability, Layer 2 Interoperability, and Ecosystem Stability. It’s introducing a solution that will allow L2 gaming assets to be mirrored on L1 and rolling out gaming-specific cross-chain bridges and standardized APIs. XPLA recently launched its own L2 on Oasys with participation from South Korea’s Com2uS Group. The first games confirmed for release are “Summoners Wars: Chronicle,” an action RPG based on “Summoners War: Sky Arena,” and “The Walking Dead: All-Stars” based on the popular zombie comics.

Other gaming-oriented chains have struggled, however. The number of active user wallets on Solana are down 85% YoY, despite the success of a handful of titles such as Genopets and Star Atlas. Tezos and Avalanche have suffered a similar fate. Many of the games released onchain have mirrored this trend, with 75% of titles launched in the last five years now regarded as having failed.

Such attrition is to be expected, of course, and is a normal part of free market economics. Just as forest fires clear the ground for new growth, the failure of unsustainable GameFi projects leaves space for clear winners to take root and flourish. Axie Infinity had 2.8M DAU at its peak and a fully diluted valuation of $44B at one stage, but its inevitable collapse has helped ushered in an era of more sustainable game economies. No one talks about Play-to-Earn anymore but GameFi is very much alive.

The Future of Web3 Gaming

For players and developers alike, a number of trends have crystallized. For one, it’s clear that the choice of chain is paramount. Games do not exist in a vacuum: they require a full supporting cast in order to operate successfully, from optimum technical infrastructure to the right marketing, related titles, tokenomics, incentive structure and community.

For this reason, the gaming chains that have established momentum, five years into GameFi’s existence, will prove hard to unseat. The best gaming-oriented chains, such as Chromia, Oasys, and Polygon, combine scalability with features that make playing – and developing – as frictionless as possible. 

Of course, the average mobile player, checking out a simple quest-based game with web3 components, should not be expected to know or care what blockchain their game is deployed on. But more serious players should take a much keener interest. Great ecosystems give birth to great games. GameFi is still waiting for its viral smash, the game that accelerates mass adoption and has video gamers FOMO’ing in. But in the meantime, the quality of web3 games is getting steadily better. As the millions who play them on a daily basis will aver, GameFi is here to stay.

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24 06, 2024

Sellers keep defending the upside at around 1.0750

By |2024-06-24T22:16:21+03:00June 24, 2024|Forex News, News|0 Comments

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EUR/USD Current price: 1.0725

  • The German IFO Business Climate survey missed expectations in June.
  • The better tone of Wall Street helped EUR/USD to stay afloat in the second half of the day.
  • EUR/USD loses its upward steam, could pierce the 1.0700 threshold.

The EUR/USD pair saw little action on Monday, confined to a tight 50 pips range. The US Dollar found demand at the beginning of the day, resulting in the pair bottoming at 1.0681. It recovered, advancing with Wall Street up to 1.0745, where sellers reappeared. EUR/USD settled in the 1.0720 price zone, holding on to modest gains.

The macroeconomic calendar had little to offer, although Germany published the June IFO Business Climate survey, which unexpectedly fell to 88.6 from 89.3 in May, missing the 89.7 expected. The assessment of the current situation and expectations sub-indexes also missed the market’s estimates. Across the pond, the United States (US) unveiled the Dallas Fed Manufacturing Business Index, which improved to -15.1 in June from -19.4 in the previous month.

In the absence of significant headlines, major pairs followed stock markets, which reflected the market mood. Following a cautious stance in Asia, markets seemed more optimistic after the American opening, as the three major US indexes posted gains.

On Tuesday, the Eurozone macroeconomic calendar will have little to offer, while the US will publish housing-related figures and June CB Consumer Confidence. The latter is foreseen at 100.0, contracting from the previous 102.0. Later in the week, investors will look at the  Federal Open Market Committee (FOMC) meeting Minutes and the US Personal Consumption Expenditures (PCE) Price Index.

EUR/USD short-term technical outlook

The daily chart for the EUR/USD pair shows further advances seem unlikely. The pair remains below all its moving averages, with a bearish 20 Simple Moving Average (SMA) crossing below directionless 100 and 200 SMAs, all of them in the 1.0780/90 price zone. At the same time, technical indicators have barely recovered from near oversold readings, maintaining modest upward slopes, although far below their midlines.

In the near term, and according to the 4-hour chart, the risk increasingly turns to the downside. EUR/USD develops above its 20 SMA, which anyway maintains a bearish slope. The 100 and 200 SMAs also head south while above the current level. Finally, technical indicators lost their upward strength after testing their midlines and slowly turn south, in line with another leg lower.

 Support levels: 1.0710 1.0665 1.0620

Resistance levels: 1.0760 1.0810 1.0840

EUR/USD Current price: 1.0725

  • The German IFO Business Climate survey missed expectations in June.
  • The better tone of Wall Street helped EUR/USD to stay afloat in the second half of the day.
  • EUR/USD loses its upward steam, could pierce the 1.0700 threshold.

The EUR/USD pair saw little action on Monday, confined to a tight 50 pips range. The US Dollar found demand at the beginning of the day, resulting in the pair bottoming at 1.0681. It recovered, advancing with Wall Street up to 1.0745, where sellers reappeared. EUR/USD settled in the 1.0720 price zone, holding on to modest gains.

The macroeconomic calendar had little to offer, although Germany published the June IFO Business Climate survey, which unexpectedly fell to 88.6 from 89.3 in May, missing the 89.7 expected. The assessment of the current situation and expectations sub-indexes also missed the market’s estimates. Across the pond, the United States (US) unveiled the Dallas Fed Manufacturing Business Index, which improved to -15.1 in June from -19.4 in the previous month.

In the absence of significant headlines, major pairs followed stock markets, which reflected the market mood. Following a cautious stance in Asia, markets seemed more optimistic after the American opening, as the three major US indexes posted gains.

On Tuesday, the Eurozone macroeconomic calendar will have little to offer, while the US will publish housing-related figures and June CB Consumer Confidence. The latter is foreseen at 100.0, contracting from the previous 102.0. Later in the week, investors will look at the  Federal Open Market Committee (FOMC) meeting Minutes and the US Personal Consumption Expenditures (PCE) Price Index.

EUR/USD short-term technical outlook

The daily chart for the EUR/USD pair shows further advances seem unlikely. The pair remains below all its moving averages, with a bearish 20 Simple Moving Average (SMA) crossing below directionless 100 and 200 SMAs, all of them in the 1.0780/90 price zone. At the same time, technical indicators have barely recovered from near oversold readings, maintaining modest upward slopes, although far below their midlines.

In the near term, and according to the 4-hour chart, the risk increasingly turns to the downside. EUR/USD develops above its 20 SMA, which anyway maintains a bearish slope. The 100 and 200 SMAs also head south while above the current level. Finally, technical indicators lost their upward strength after testing their midlines and slowly turn south, in line with another leg lower.

 Support levels: 1.0710 1.0665 1.0620

Resistance levels: 1.0760 1.0810 1.0840

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24 06, 2024

If You’re Wondering If Your Probiotics Are Actually Working, Look for These Signs

By |2024-06-24T22:13:23+03:00June 24, 2024|Dietary Supplements News, News|0 Comments


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People take different supplements for all kinds of reasons, hoping for a desired health result. And if you’ve started taking a probiotic, you may be wondering about the telltale signs that your probiotics are working.

Meet the Experts: Keri Gans, M.S., R.D., author of The Small Change Diet; Melissa Prest, D.C.N., R.D.N., national media spokesperson for the Academy of Nutrition and Dietetics and member of the Prevention Medical Review Board; Tarun Sharma, M.D., gastroenterologist with Gastroenterology Associates of New Jersey.

Many people take probiotics to help relieve digestive issues, such as diarrhea, constipation or stomach pain. With that being said, different strains of probiotics have a slew of different benefits, like improving gastrointestinal (GI) health and preventing bacterial infections, and researchers are just beginning to tap into their full potential. And while probiotics can support your gut health and overall health in a variety of ways, everyone has different needs, and some formulas may be more beneficial for you than others.

So if you’re curious as to whether or not you are taking the right one for you, here are some key indications that your probiotic is (or isn’t) working for you.

Signs probiotics are working

The biggest sign that your probiotics are working would be symptom improvement, says Melissa Prest, D.C.N., R.D.N., national media spokesperson for the Academy of Nutrition and Dietetics and member of the Prevention Medical Review Board. “Many people will start probiotics for symptom management of GI issues like gas, bloating, diarrhea, and constipation. If you are feeling better and have fewer symptoms, then you know the probiotics are doing their job.”

More specifically, here are some key signs that your probiotics are working:

Less abdominal pain

According to Keri Gans, M.S., R.D., author of The Small Change Diet, you may also see a reduction in bloating and gas if your supplement is working. One study found that for some people with irritable bowel syndrome (IBS), certain probiotic supplements can help with abdominal pain.

Decreased bloating and gas

If your probiotics are working, you may see reduced bloating and gas, says Gans. Similar to how probiotics can help eliminate GI symptoms through a more diverse gut microbiome, they can also reduce fermentation and bloat caused by an unhealthy balance of gut bacteria.

However, some studies suggest that probiotics in larger amounts may temporarily increase these symptoms, particularly while your gut adjusts to the bacteria you’re consuming.

Decreased bowel inflammation

Because probiotics help maintain a healthy gut biome, those with inflammatory bowel disease or other similar inflammatory conditions may notice relief after taking them. Although the exact mechanism for how probiotics may aid in the reduction of symptoms commonly found in IBS is unknown, studies have shown that the effects of probiotics on alterations in gut bacteria appear to play a part.

Increased regularity in bowel movements

According to Gans, another sign your probiotics may be working is if your constipation has lessened and you’ve had a more regular bowel-movement schedule. One study found that probiotics help relieve functional constipation in older people, although the results were most apparent after 71 days of treatment.

Better sleep

If you’ve noticed an improvement in your sleep, your probiotic may be doing its job. Research shows that the gut microbiota and mental health—including depression and anxiety—may impact sleep. For those with mood disorders, there’s potential for probiotics to help reduce symptoms and improve sleep, but more research is needed.

Better vaginal health

Women taking probiotics may see a reduction in the severity, frequency, and recurrence of bacterial vaginosis, a common infection that affects about 30 percent of women of childbearing age in the U.S. Probiotics have been shown to help your body enhance the immunity in your reproductive system and fight off various gynecological conditions.

Signs your probiotics aren’t working

It may seem obvious, but you’ll likely be able to know if your probiotics aren’t working simply based on whether or not you’re feeling better. “If there is either no effect after a given period of time or symptoms, such as gas, bloating, or irregularity are worsening and have not abated,” that’s a clear sign that your probiotic isn’t working for you, says Tarun Sharma, M.D., gastroenterologist with Gastroenterology Associates of New Jersey.

Gans agrees that if none of your symptoms are improving, “chances are that the probiotic you have chosen is ineffective for you.”

Here are a few more reasons why your probiotic isn’t working for you:

  • You are taking the wrong dosage (too few CFU).

  • You aren’t taking it correctly (with food versus on an empty stomach).

  • You are taking the wrong strain. Not all strains work for every symptom or for every person’s needs.

  • You did not store your probiotic properly. Humidity, heat, and light can affect probiotics negatively. Many need to be stored in a cool, dry environment and some may need to be refrigerated.

What to do if your probiotics aren’t working

If you’ve been taking a probiotic for some time and still have yet to see any positive results, let your doctor know which probiotic you have tried and for how long, says Dr. Sharma. “If there is no noticeable effect after, consideration should be made to stop the probiotic and try a different one,” he says.

Just because one type of probiotic isn’t working for you does not mean that no probiotic will work for you. Prest says that you may need to switch the type or dose of the probiotic to see what may be best. “There are different types of probiotics and some may work better than others for your specific needs. The two most common strains are Lactobacillus and Bifidobacterium,” she explains.

Gans agrees, saying “there are many different strains and species within a probiotic that could make a big difference in whether it is the right one for your symptoms. If the one you have chosen is not working, you can do some research and try another type.” It would help if you also considered consulting with your primary care physician or registered dietitian, as a probiotic may not work for everyone, she advises.

How long does it take for probiotics to work?

The time it takes to see symptom relief from your supplement depends on a few things, including type of probiotic and dosage. With that being said, probiotics may work as early as three to four weeks but may require eight to 12 weeks to notice any appreciable effect, says Dr. Sharma.

It can also depend on the issue or condition and severity, says Prest. “People with minor symptoms may start to see symptom relief as early as two days and people with chronic digestive conditions or more severe symptoms may not see symptom relief for weeks.”

Which probiotics are best for you?

Before you start looking for your cure for all your GI issues in the supplement aisle, start by eating foods that contain probiotics, Prest suggests. “Yogurt, cottage cheese, kombucha, kefir, sauerkraut, and fermented foods are good options.” Then, if you are not finding symptom relief, discuss adding a probiotic supplement with your healthcare provider, she advises.

In selecting a probiotic, one may consider a probiotic with multiple strains of bacteria, preferably species, including lactobacillus and Bifidobacterium species, says Dr. Sharma. “It may be beneficial to look at probiotics that have a larger Colony Forming Units (CFU) count, in the range of 10 to 30 billion,” he suggests. Additionally, looking at well-known branded products with third-party verification or ones that have been used in clinical trials may be more effective in general, he notes.

There is no perfect probiotic, notes Dr. Sharma. “One probiotic may work well for an individual whereas another probiotic works better for someone else.” Probiotics are not recommended or required for everyone. You should ask your physician if a probiotic may be useful in the treatment/management of your condition, he advises.

Dietary supplements are products intended to supplement the diet. They are not medicines and are not intended to treat, diagnose, mitigate, prevent, or cure diseases. Be cautious about taking dietary supplements if you are pregnant or nursing. Also, be careful about giving supplements to a child, unless recommended by their healthcare provider.

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24 06, 2024

Crypto News Digest by U.Today

By |2024-06-24T20:38:09+03:00June 24, 2024|Crypto News, News|0 Comments


What happened in the world of crypto over the weekend? Read U.Today’s news digest to find out!

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U.Today has prepared a summary of the top three news stories over the weekend. 

Schiff predicts Bitcoin price will keep falling for several years

On Friday, June 21, Peter Schiff heaped yet another portion of criticism on Bitcoin, the flagship cryptocurrency. In his X post, Schiff noted that since achieving its all-time high on March 14, BTC is down 14%, despite buying from 11 spot Bitcoin ETFs. The digital asset’s results fade in comparison with gold; over the same period, the yellow metal managed to grow by 10%. In addition to this, the loss of those who sold their gold ETFs in order to purchase Bitcoin ones constitutes as much as 24%. “How long before they realize they made a mistake?” Schiff asks. The post by a vocal BTC opponent gained lots of attention from both supporters and naysayers. Replying to a comment by a user who believes that Bitcoin will still hit the $100,000 level no matter what, Schiff issued a grim prediction: “You can keep looking at that chart for the next several years while the price of Bitcoin continues to fall and the price of gold continues to rise.”

Ripple CEO hails “big win” in California

In a recent X post, Ripple CEO Brad Garlinghouse celebrated a “big win” in the latest California legal case against his company. As a reminder, on Thursday, Judge Phyllis Hamilton dismissed four claims regarding Ripple’s alleged violation of federal securities law, with only one state law claim, based on the CEO’s statements about XRP made in a 2017 interview, proceeding to trial. Garlinghouse added that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security (per the NY Court decision).” This follows attorney Fred Rispoli’s assumption that the XRP token might end up being recognized as a security in the Golden State. Commenting on the claim that will go to trial, Garlinghouse criticized it as an unsuccessful attempt by “trolls” to take advantage of the U.S. legal system in order to “seek 100’s of millions in class action settlements.”

Shiba Inu (SHIB) skyrockets 2,682% with no price momentum

According to Shibburn’s report on its X handle, on Sunday, Shiba Inu’s burn rate witnessed an astonishing spike of 2,682%. The increase in this crucial metric was reached thanks to the SHIB community that removed 18,617,208 SHIB from circulation. However, the burn rate surge did not affect the price of the dog-themed meme token; currently, SHIB is changing hands at $0.00001685, down 6.76% over the past 24 hours, per CoinMarketCap. This modest price movement could be explained by several factors. The crypto market’s overall sentiment was mainly dismal, with Bitcoin dipping to an over one-month low. The performance of top digital assets such as Bitcoin and Ethereum often impacts the overall crypto market. If these cryptos are experiencing volatility or downward trends, it might be challenging for altcoins like SHIB to gain traction.

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24 06, 2024

XRP Just Reached Major Defi Milestone: Details — TradingView News

By |2024-06-24T20:33:21+03:00June 24, 2024|News, NFT News|0 Comments


XRP, the seventh largest cryptocurrency, recently reached a significant milestone on the decentralized finance (DeFi) market. According to XRPscan, a leading XRP Ledger explorer, the total amount of XRP pooled in the XRPL Automated Market Maker (AMM) has surpassed 10 million XRP. This milestone highlights the growing adoption and utilization of XRP in DeFi.

Automated market makers (AMMs) are a sort of decentralized exchange mechanism that uses liquidity pools to algorithmically price assets rather than creating offers of preset specifications. Liquidity pools enable holders to earn a portion of trading fees by offering their tokens as liquidity.

In the case of XRP Ledger, a built-in central limit order book (CLOB) handles all XRPL transactions for fungible tokens. This CLOB has been part of the XRPL since its inception and offers the advantages of fewer trust assumptions and centralized liquidity, as opposed to the inherent vulnerabilities of smart contracts.

In addition to the existing CLOB, an automated market maker (AMM) was voted into the protocol in Q1, 2024, as specified by the XLS-30 standard.

The growth in the number of XRP locked in AMM pools to 10 million XRP reflects a robust engagement with the XRPL’s infrastructure.

Total XRP pooled in XRPL AMM has crossed 10M XRP: https://t.co/RR0LsMcvEG pic.twitter.com/cb6CRZnNpx— XRPScan (@xrpscan) June 24, 2024

As the total pooled XRP in the XRPL AMM increases, it could attract even more participants to XRP Ledger. Increased liquidity and user participation can lead to further innovations, new financial products and a more robust DeFi environment.

In related news, digital asset investment products experienced $584 million in outflows for the second week in a row, shaving off $1.2 billion. Bitcoin was the main focus, with $630 million in outflows.

In contrast, XRP saw $0.7 million in inflows, indicating that investors regarded the altcoin market’s downturn as a buying opportunity.

At the time of writing, XRP was down 1.47% in the last 24 hours to $0.476, mirroring the general market downturn, partly triggered by macroeconomic uncertainty and fears of additional selling pressure in the wake of Mt. Gox’s latest announcement.





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24 06, 2024

XAU/USD consolidates around $2,330 in quiet start to the week

By |2024-06-24T20:31:19+03:00June 24, 2024|Forex News, News|0 Comments


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XAU/USD Current price: $2,329.11

  • United States inflation and FOMC meeting Minutes stand out this week.
  • Upcoming elections in Europe keep investors in cautious mode.
  • XAU/USD trades with a soft tone around $2,330, bearish scope well-limited.

Spot Gold trades with a soft tone on Monday, with XAU/USD hovering around $2,330.00. A certain caution prevails across financial markets as investors await fresh news from the macroeconomic and political sides. In the United States (US), the focus will be on the Federal Open Market Committee (FOMC) meeting minutes and the May US Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve (Fed) preferred inflation gauge.

Other than that, investors are keeping an eye on European upcoming elections as France and the United Kingdom will soon go to the polls. Speculative interest also looks at Russia after President Vladimir Putin mentioned potential changes to the country’s nuclear policy, escalating tensions with the West.

The US Dollar posted a modest advance at the beginning of the day but turned lower with Wall Street’s opening amid an upsurge in US equities following Friday’s poor performance. Little variation around government bond yields and a scarce macroeconomic calendar help to keep XAU/USD within familiar levels.

XAU/USD short-term technical outlook

XAU/USD is technically neutral, according to the daily chart, although the bearish potential seems well-limited. The pair is currently battling a directionless 20 Simple Moving Average (SMA), while the longer moving averages maintain their upward slopes below the current level. At the same time, technical indicators lack directional strength just below their midlines, reflecting the absence of speculative interest rather than suggesting bulls are about to give up.

In the near term, and according to the 4-hour chart, XAU/USD offers a neutral-to-bearish stance. The pair develops below all its moving averages, with the 20 SMA flat between also directionless longer ones. Technical indicators, in the meantime, head nowhere just below their midlines. The bright metal traded as low as $2,316.61 on Friday, the level to pierce to expose the $2,300 threshold.

Support levels: 2,316.60 2,301.00 2,288.70

Resistance levels: 2,334.10 2,346.70 2,360.30

XAU/USD Current price: $2,329.11

  • United States inflation and FOMC meeting Minutes stand out this week.
  • Upcoming elections in Europe keep investors in cautious mode.
  • XAU/USD trades with a soft tone around $2,330, bearish scope well-limited.

Spot Gold trades with a soft tone on Monday, with XAU/USD hovering around $2,330.00. A certain caution prevails across financial markets as investors await fresh news from the macroeconomic and political sides. In the United States (US), the focus will be on the Federal Open Market Committee (FOMC) meeting minutes and the May US Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve (Fed) preferred inflation gauge.

Other than that, investors are keeping an eye on European upcoming elections as France and the United Kingdom will soon go to the polls. Speculative interest also looks at Russia after President Vladimir Putin mentioned potential changes to the country’s nuclear policy, escalating tensions with the West.

The US Dollar posted a modest advance at the beginning of the day but turned lower with Wall Street’s opening amid an upsurge in US equities following Friday’s poor performance. Little variation around government bond yields and a scarce macroeconomic calendar help to keep XAU/USD within familiar levels.

XAU/USD short-term technical outlook

XAU/USD is technically neutral, according to the daily chart, although the bearish potential seems well-limited. The pair is currently battling a directionless 20 Simple Moving Average (SMA), while the longer moving averages maintain their upward slopes below the current level. At the same time, technical indicators lack directional strength just below their midlines, reflecting the absence of speculative interest rather than suggesting bulls are about to give up.

In the near term, and according to the 4-hour chart, XAU/USD offers a neutral-to-bearish stance. The pair develops below all its moving averages, with the 20 SMA flat between also directionless longer ones. Technical indicators, in the meantime, head nowhere just below their midlines. The bright metal traded as low as $2,316.61 on Friday, the level to pierce to expose the $2,300 threshold.

Support levels: 2,316.60 2,301.00 2,288.70

Resistance levels: 2,334.10 2,346.70 2,360.30



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24 06, 2024

Dollar Rallies Amid PMI (Video)

By |2024-06-24T20:15:22+03:00June 24, 2024|Forex News, News|0 Comments

  • The US dollar has rallied yet again during the trading session on Friday as the PMI numbers in the United States came out hotter than anticipated.
  • This has people betting that the Federal Reserve may not cut rates between now and the end of the year, which is a bit of a surprise to me considering that they basically said that’s very possible.
  • After all, inflation has been very sticky in the United States, and it was just 6 months ago the people were suggesting that perhaps we could be getting 7 interest rate cuts this year. In other words, it’s astonishing how many people have been blind all year to the reality of inflation sticking around.

Plenty of momentum still

The US dollar continues to beat up on the Japanese yen, which makes a lot of sense. After all, the Bank of Japan can do nothing about its monetary policy other than keep it extraordinarily loose. It has to be loose. The debt in Japan is so out of control that they can’t afford to pay it back with any interest whatsoever.

With this being the case, I think the market is likely to continue to see the Japanese yen get just absolutely crushed by almost anything against it. If we can take out the 160 yen level, this is a pair that could go much higher. After all, the Bank of Japan intervened from there, so that would be the next major barrier to overcome. Ultimately, short-term pullbacks end up in buying opportunities, especially near the 158 yen level, which we just broke out of.

I have no interest in shorting this USD/JPY pair because you have to pay for the privilege of doing so, which would be fine flying in the face of the overall trend. And therefore, I think anytime you get a dip, you have to be looking for some type of bounce in order to take advantage of the value that you could find in the greenback. This goes for pretty much all Japanese yen related currency pairs.

Want to trade our daily forex analysis and predictions? Here’s a list of forex brokers in Japan to check out. 

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24 06, 2024

Benefits, Uses, Side Effects, and More

By |2024-06-24T20:12:51+03:00June 24, 2024|Dietary Supplements News, News|0 Comments


Mint is the collective name for a number of plants that belong to the mint or Lamiaceae plant family.

Mint, including peppermint, is commonly used as an ingredient in drinks, desserts, and other recipes and can also be taken as a dietary supplement.

Studies show that supplementing with mint may benefit health in several ways, including improving certain digestive conditions and soothing nausea.

Mint has certain properties that make it an effective natural treatment for digestive conditions such as irritable bowel syndrome (IBS) and indigestion, a medical term for discomfort in the upper abdomen.

Mint, like peppermint, is packed with therapeutic compounds, such as L-menthol, a monoterpenoid compound with muscle-relaxing properties. L-menthol blocks calcium channels that initiate contractions in smooth muscles, preventing the spasming that causes symptoms like abdominal pain and diarrhea in people with IBS.

Mint also contains anti-inflammatory and antioxidant compounds, which may benefit people with IBS by decreasing inflammation and cellular damage.

One review of 12 studies involving 835 people with IBS found that peppermint oil supplementation over a period of two to 12 weeks significantly improved symptoms like abdominal pain, bloating, and gas compared to placebo treatments.

One review of 96 studies found that, when used with other ingredients like caraway oil, peppermint oil supplements were effective for reducing certain symptoms of indigestion, including abdominal pain and abdominal pressure. Research on the effectiveness of peppermint supplements for treating indigestion is limited, and there’s currently no evidence that mint-only treatments are effective for treating this condition.

Some research suggests that peppermint oil supplements may improve cognitive performance.

Mint contains compounds that may boost cognitive function by interacting with certain neurotransmitters, like γ-aminobutyric acid (GABA), and inhibiting acetylcholinesterase (AChE). This enzyme breaks down a neurotransmitter called acetylcholine, which plays important roles in attention and memory.

One study involving 24 people found that treatment with a single dose of 100 microliters (µl) of peppermint oil improved cognitive test performance and reduced mental fatigue associated with extended cognitive task performance compared to a placebo treatment.

Mint has a soothing aroma and smelling it may help reduce nausea symptoms. For example, studies show that mint aromatherapy may be helpful for reducing nausea and vomiting in people undergoing treatment for cancer.

Taking mint supplements may also be effective against certain types of nausea and vomiting. One study of 84 people with breast cancer who were undergoing chemotherapy found that treatment with 40 drops of peppermint essential oil in water every eight hours significantly reduced nausea, vomiting, and low appetite at 24 and 48 hours after treatment compared to a placebo.

However, most studies investigating mint’s effects on nausea and vomiting have focused on mint aromatherapy, not oral mint supplements.

Though research is limited, some evidence suggests that mint supplements may be helpful for those looking for a natural way to improve stamina and power during exercise. Mint has antispasmodic properties and may help relax smooth muscles in the lungs and improve tissue oxygenation, which can support exercise performance.

One small study of 12 men found that treatment with 500 milliliters (ml) of mineral water containing 0.05 ml of peppermint essential oil for ten days significantly improved exercise performance, lung function, heart rate, and power during a treadmill exercise test compared to before the treatment.

Another study of 30 healthy men found that a single oral dose of 50 µl of peppermint essential oil significantly improved exercise performance and lung function parameters compared to a placebo treatment.

While these results are promising, more studies are needed to understand how oral mint supplements may benefit exercise performance.

Mint supplements are available in several forms, including capsules and liquids. Because dosing and use instructions vary, following the directions on the supplement label is important.

It’s best to talk to your healthcare provider before using a mint supplement. This is especially important if you have a health condition like a digestive disorder.

Although mint supplements may be helpful for people with certain medical conditions, they’re not appropriate or safe for everyone.

Dosage

Dosing recommendations for mint supplements vary depending on the type and what it’s being used to treat.

For example, some research suggests that peppermint oil in doses of 50-100 µl may be effective for improving athletic performance and cognitive performance, respectively.

One study found that treatment with 182 milligrams (mg) of peppermint oil daily for eight weeks was effective for improving IBS symptoms.

Always speak with a healthcare provider for specific dosing advice.

Mint supplements are generally considered safe but aren’t appropriate for everyone.

Because little is known about the safety of oral mint supplements during pregnancy and breastfeeding, it’s best to avoid oral mint supplements during these stages of life.

Peppermint oil has been shown to be safe when taken in appropriate amounts. However, people with certain medical conditions, such as gallstones, hiatal hernia, or gastroesophageal reflux disease (GERD), should consult a healthcare provider before taking peppermint supplements.

Potential Drug Interactions

Mint supplements may interact with or increase the bioavailability of some commonly prescribed medications, such as:

  • Blood pressure medications: Though human research is limited, peppermint oil may increase the bioavailability of certain blood pressure medications, like felodipine, increasing their effects in the body.
  • Cytochrome P450 substrates: Some evidence suggests that peppermint oil may interact with drugs that are metabolized by cytochrome P450 enzymes, including the blood thinner Warfarin and the blood pressure medication metoprolol.
  • Chemotherapy drugs: Peppermint oil may interfere with certain chemotherapy agents, like docetaxel and cisplatin.

If you’re taking one or more medications, it’s important to consult your doctor before adding any new supplement into your routine, including mint products.

What To Look For

When shopping for a mint supplement, there are a few things to remember. 

It’s important to choose high-quality products from trusted supplement brands. When possible, purchase mint supplements from companies certified by organizations like UL, USP, and NSF International, which set strict standards for supplement quality and safety.

Check with your healthcare provider before taking a mint supplement. Mint supplements aren’t safe or appropriate for everyone and may interact with common medications

Can You Take Too Much Mint?

Though mint supplements are generally considered safe, extremely high doses can be toxic. For example, high doses of peppermint oil can cause kidney and liver injury and even lead to acute kidney failure. There have been cases of near-fatal peppermint oil overdoses.

Again: always consult a healthcare provider if you have any questions about supplement dosing.

Though mint supplements aren’t associated with serious side effects when taken in appropriate doses, they may cause a few side effects.

Possible side effects related to taking mint supplements include:

If you experience any side effects after taking a mint supplement, stop taking the supplement and contact your healthcare provider if the symptom doesn’t resolve.

If you’re interested in reaping the benefits of mint but don’t want to take supplements, consider incorporating fresh mint into your diet.

Mint, like peppermint, has a refreshing taste and is high in protective plant compounds, like polyphenols, which have antioxidant and anti-inflammatory effects in the body.

Here are a few ways to use fresh mint:

  • Chop up fresh mint and add it to green salads
  • Make a flavorful side dish using fresh mint, watermelon, and feta
  • Add fresh mint to water and cocktails
  • Use chopped mint in homemade pestos and dressings
  • Incorporate fresh mint into pasta dishes
  • Use fresh, chopped mint as a garnish for meat, chicken, and fish dishes

Fresh and dried mint can also be used in desserts, like ice cream and baked goods. It pairs especially well with chocolate and can be used to make delicious chocolate-based recipes like cakes and cookies.

Mint is a common ingredient in sweet and savory dishes and cocktails. When used as a dietary supplement, mint, including peppermint, may benefit health in several ways.

Studies show that mint supplements may improve symptoms of certain digestive conditions, like IBS, and may support exercise performance and cognitive function.

While mint supplements are generally considered safe, they’re not the right choice for everyone and can lead to dangerous side effects when taken in high doses.



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24 06, 2024

Coping with the Cost of Cancer Treatment

By |2024-06-24T19:18:52+03:00June 24, 2024|Fitness News, News|0 Comments

Finances are not always the first thing people think of when they get diagnosed with cancer. Top questions may be, What’s the prognosis? What are the treatment options? And who are the best specialists?

But more and more, you also have to grapple with the cost of cancer alongside the physical and emotional aspects of cancer. Those costs can truly add up, often catching people by surprise.

Different types of cancer-related costs

Unfortunately, cancer costs come in many forms.

If you have health insurance, you might expect it to cover all your cancer care costs — and it should cover a lot of them. Direct medical costs include tests, medications, procedures, surgeries and some medical supplies. Insurance is likely to cover these costs if they’re considered “medically necessary.” In other words, if your treatment is in line with standard guidelines for your particular cancer and your healthcare providers (HCPs) believe you need it, it’s more likely your insurance will pay for it.

Yet even if your insurance covers direct medical costs, you may have to get their approval in advance (called “prior authorization”). Getting that approval can be its own headache. If your treatment plan is less common or you want to see an HCP who isn’t in your insurance network, you may not get approval.

Beyond the direct medical costs of your cancer treatment, you may come across many other types of expenses. For example, special foods or nutrition supplements may be important, but insurance doesn’t typically pay for them. Or, while medical care may be covered, home health may not be.

If you have to travel to get your care, across town or far away, you need to factor those costs in, too. Whether you have to pay for parking at a downtown hospital or travel to get specialized care away from home, travel costs can be challenging.

If you’re living with cancer, you may need extra help caring for your children, your parents or your pets. You may need more help in your home or doing errands that you may not be able to do yourself for a time. Caregiver costs can be substantial, and for many, may be out of reach.

Cancer costs may be even harder to manage thanks to “opportunity costs,” the missed opportunities to earn money. If you’re in treatment, you may not be able to work or you may have to scale back your hours. Lost wages or the loss of job-based health benefits can turn financial strain into a crisis. In a 2022 Cost of Cancer study conducted by HealthyWomen and CancerCare, nearly half of people in active treatment experienced some financial setback, and 6% lost their job altogether.

Coping with the stress of cancer-related financial challenges

The first step in managing the very real stress of cancer-related costs is to recognize that you are not alone. HealthyWomen’s Cost of Cancer report showed that paying for cancer costs was stressful for 6 out of 10 people surveyed. Nearly 1 of 2 patients with cancer reported feeling stress, worry and a sense of being overwhelmed because of the direct and indirect costs of cancer care.

It’s also important to ask for help — or allow people to help when they offer. The people in your life very likely want to help, but they may need you to tell them what would be most helpful. Perhaps a neighbor can run errands for you, or a close friend can help you with household chores. These gestures can spare you the cost of hiring someone and give you the comfort of knowing you’re not alone.

The emotional strain of a cancer diagnosis is real. The financial parts of cancer only add to those challenges. If you feel anxious, depressed or generally overwhelmed, seeking therapy or other mental health care may also help.

Easing cancer-related financial burdens

Without health insurance, the direct costs of cancer can be crushing. But if you are uninsured, there are ways to get coverage.

If you don’t have health insurance from your job, is there someone in your household who may be able to add you to their coverage? If not, visit the federal Marketplace (Healthcare.gov) or the Marketplace in your state. If you’ve lost your benefits recently, you may be able to sign up even if it’s not during open enrollment. If you have low or no income, you may qualify for generous subsidies.

Depending on your income and the rules in your state, you may qualify for Medicaid, the state-operated health insurance for people with very low incomes. Similarly, depending on your age and condition, you may be able to sign up for Medicare. These programs offer good coverage and a lot of consumer protections, often for free or with very low costs.

With or without insurance, if you’re struggling to pay for medical care, you may qualify for financial assistance from your hospital or clinic. Hospital financial counselors can often help you navigate the hospital’s financial aid process, which may include a formal application. If your application is denied, you may be able to appeal. Medical facilities will also usually set up a payment plan that lets you pay small amounts over time, sometimes without interest. Be honest about what you can comfortably afford.

If you can’t get financial relief from the hospital or medical center itself, the financial counselor may still be able to help. They might help you get support from local community or religious organizations, or from drug maker co-payment relief programs. Some nonprofits will also help you advocate for yourself or negotiate bills on your behalf.

Finally, many people turn to crowdfunding campaigns to raise the money they need. Whether you launch a formal campaign or seek financial help informally, there’s no denying the power of your community to help you cope with the emotional and financial challenges of cancer.

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24 06, 2024

Can Solana Break Out To $200?

By |2024-06-24T18:37:25+03:00June 24, 2024|Crypto News, News|0 Comments

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please .

TLDR

  • Solana’s price is consolidating in a symmetrical triangle, with a likely bullish breakout targeting $292.
  • Rebel Satoshi Arcade gains traction with its innovative NFT integration and staking system, attracting investors seeking high returns in the crypto gaming sector.
  • RECQ’s successful presale and strategic pricing make it a compelling investment.

The price of Solana (SOL) has been trending inside a symmetrical triangle, which can resolve in either direction. Notably, given its preceding uptrend, the triangle will likely break out to the upside. This could result in a 63% rally to $292, with potential resistance at $157, $196, $228, and $267.

Despite the current outlook of the market, the trading volume for Solana went up 153%, clearly showing more interest from investors. Statistics substantiate this spike of activity on the network, as the number of active addresses on the network itself touched an all-time high of 41.65 million in May. According to The Block, June active addresses have reached half of those recorded last month.

The Aggregated Solana Open Interest (OI) has recently been on a downtrend, indicating that money flows out from the asset. On the other hand, at $1.36B, SOL OI shows solid support from which money may flow back into the asset once more. 

Solana’s price action is trending below the 50-day but above the 200-day simple moving averages (SMA), showing there may be some struggle between the bulls and the bears. The 200-day SMA provides support, while the 50-day SMA provides resistance. A break to the upside from the symmetrical triangle could result in a large price appreciation and present an excellent opportunity for those investors looking to profit from this potential upside in Solana.

While the trading volume of Solana skyrockets, Rebel Satoshi Arcade (RECQ) is another making big waves within the crypto market. Investors are rushing to Rebel Satoshi because it boasts a dual-token ecosystem, differentiating it from conventional meme coins. The platform’s ecosystem includes a trending NFT marketplace, an arcade, and a stake-to-earn program.

Rebel Satoshi Arcade (RECQ): Redefining Crypto Gaming with NFTs and Staking

Rebel Satoshi Arcade is one of the new gaming tokens that seeks to revolutionize the crypto space, empower the silent majority, and drive change in the crypto market. In a spirit of unity and defiance, Rebel Satoshi Arcade is looking to break the status quo, pushing for a new era of decentralization. The presale growth of this project captured the hearts of crypto investors.

The project integration of an NFT collection into its ecosystem further bolsters its position as the best crypto investment with the potential for substantial market returns. The project will unveil two highly anticipated trending NFT collections featuring 9,999 unique characters from the Rebel Satoshi universe. Beyond digital art and collectibles, each NFT stands for the very essence of unity, bravery, and defiance that fuels this community’s quest against tyranny.

The platform’s staking system has also attracted community members searching for the best gaming tokens to buy. Members can stake RECQ tokens to strengthen the Rebel Satoshi ecosystem while earning rewards based on the number of tokens staked and the duration they are staked for. The staking system is designed to be open, efficient, and fair, distributing rewards automatically among participants.

The presale of the RECQ platform has seen an extraordinary surge, with over 583 million tokens sold. Currently, in stage 2, each RECQ token is priced at a remarkably low $0.0044. Industry experts are optimistic about the platform’s potential, forecasting a value increase 100x after launch.

Conclusion

The Sol trading volume is at all-time highs, and there’s an optimism that Solana could break out towards $200. Meanwhile, Rebel Satoshi Arcade leads the crypto revolution with a very strong community support. With its unique NFT collections, efficient staking system, and promising tokenomics, Rebel Satoshi is all set to be the best crypto investment opportunity in the crypto market. 

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

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