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9 04, 2025

Standard Chartered Issues Epic Price Prediction

By |2025-04-09T02:35:28+02:00April 9, 2025|Crypto News, News|0 Comments

Ripple’s XRP is making waves once again following recent legal victories and technological advancements in the crypto space. British multinational bank Standard Chartered now predicts that XRP could hit $12.50 by the end of 2028, in what could be a historic run for the digital asset.

Geoffrey Kendrick, the bank’s Global Head of Digital Assets Research, issued a detailed price projection that envisions XRP rising to $5.50 in 2024, $8 in 2026, $10.40 in 2027, and ultimately $12.50 by the end of 2028.

This trajectory suggests a more than 500% increase over the next three years. Standard Chartered also predicts that XRP could overtake Ethereum in market capitalization, potentially making it the second-largest cryptocurrency by late 2028.

XRP ETF launch fuels optimism

This bold price call came shortly after the launch of the first-ever XRP ETF in the U.S. However, the ETF comes with a twist as it does not provide direct exposure to XRP. Instead, it is based on swaps that mirror XRP’s performance, making it a unique offering in the digital asset space.

Despite the launch, XRP remained in the red, registering a 4% price decline in 24 hours. The coin, currently the fourth-largest by market cap, has been showing high volatility and hasn’t yet responded to the ETF news.

Source: TradingView

Still, Standard Chartered remains bullish. The bank argues that XRP’s real-world utility is a critical driver of long-term growth. XRP has been increasingly adopted across financial institutions in multiple countries for faster and cheaper remittances.

Investor confidence in XRP has also been boosted by favorable legal outcomes. Most notably, the U.S. Securities and Exchange Commission (SEC) recently dropped its appeal in the long-standing case against Ripple Labs, removing a major cloud of uncertainty that had weighed on XRP’s price.

With legal clarity, a new ETF product, and increasing use cases in international finance, XRP may finally be on the path to realizing the ambitious projections set by Standard Chartered.

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9 04, 2025

Is Treasure NFT Legit or Scam?

By |2025-04-09T00:54:28+02:00April 9, 2025|News, NFT News|0 Comments


Treasure NFT, a platform claiming to offer AI-driven NFT trading with high returns, has been exposed as a fraudulent scheme. The platform’s largest user base is in Pakistan, particularly in tribal areas, Balochistan, and Sindh, where it has allegedly targeted individuals from economically disadvantaged and less-educated communities.

Critical evidence exposes Treasure NFT’s deceptive practices, including the platform’s fake website registration in Tempe, Arizona, the use of fabricated LinkedIn profiles, and a referral-based recruitment strategy designed to exploit unsuspecting investors.

Treasure NFT presents itself as a decentralised marketplace that utilises artificial intelligence to generate high profits. The platform advertises the following claims:

  • Daily returns ranging from 4.3% to 6.8%
  • Monthly profits of up to 30%
  • A referral-based incentive program

However, financial experts warn that these figures are mathematically unsustainable and bear the characteristics of a Ponzi scheme, where returns for early investors are funded by new participants. Once new investments slow, the system inevitably collapses, leaving the majority of users at a financial loss.

Key Indicators of Fraud

Unrealistic Profit Guarantees

Legitimate NFT investments do not offer guaranteed profits, particularly at the levels claimed by Treasure NFT. Such high returns require a continuous influx of new investors, a common sign of financial fraud.

Lack of Transparency

The platform provides no verifiable information regarding its founders, development team, or operational structure. The website authentication reveals Treasure NFT has its base of operations in Tempe, Arizona, United States. The actual address shown on Google Maps leads to a Russian music academy instead of Treasure NFT’s headquarters, thus supporting suspicions about the company’s false location. The founder remains unknown and does not appear in Google searches, further deepening concerns about its credibility.

Referral-Based Revenue Model

Treasure NFT obtains most of its revenue by adding new users to the platform instead of handling genuine NFT transactions. Revenue production at Treasure NFT works similarly to a fraudulent pyramid scheme because the company depends on new member enrolments to succeed rather than selling actual digital assets.

Fake Online Presence

The company’s legitimate online presence is compromised because investigators confirm Treasure NFT’s LinkedIn page displays fake information and uses fictional user profiles. The online testimonials posted on Treasure NFT seem fabricated because they typically come from brand new accounts that were created to submit the reviews.

Withdrawal Restrictions and Frozen Accounts

Multiple user complaints indicate that the platform reveals major difficulties when users try to withdraw their funds. Reports indicate that accounts are being frozen without explanation, withdrawal requests are rejected, and customer enquiries regarding these issues go unanswered.

Unresponsive Customer Support

A hallmark of fraudulent platforms is a lack of customer assistance. Several Treasure NFT users have reported that their concerns regarding withdrawals and account access are either ignored or dismissed without resolution.

Regulatory and Legal Concerns

Treasure NFT claims to have a Money Services Business license from FinCEN, yet this registration does not prove the validity of its actual business operations. The Indian government and West Bengal law enforcement agencies, together with regulatory authorities, investigate Treasure NFT for possible fraudulent behaviour.

How does the scam operate?

Treasure NFT follows a typical Ponzi scheme structure:

  • Investors deposit funds with the expectation of high returns.
  • Initial investors may receive small payouts to create an illusion of legitimacy.
  • The platform aggressively promotes its referral program to ensure a continuous influx of new participants.
  • As recruitment declines, withdrawal requests are delayed or denied.
  • The scheme collapses, leaving most investors with significant financial losses.

There is insufficient proof to demonstrate Treasure NFT conducts actual NFT trading or generates liquidity on its platform despite its advertised status as an NFT trading platform. Financial fraud actually uses NFTs as an excuse to operate behind a fraudulent financial scheme.

Preventative Measures Against NFT Scams

Financial experts advise investors to exercise caution and conduct thorough due diligence before engaging with NFT or cryptocurrency platforms. Recommended precautions include:

  • Verifying platform legitimacy: Conduct background checks on the company’s founders, operations, and regulatory status.
  • Avoiding guaranteed profit schemes: Be sceptical of investment opportunities that promise fixed, high returns with minimal risk.
  • Testing withdrawal processes: Deposit small amounts initially and attempt withdrawals before making larger investments.
  • Steering clear of referral-based investments: authentic NFT marketplaces do not rely on recruitment for revenue generation.
  • Using established platforms: Engage only with reputable, well-documented NFT marketplaces with a proven track record.

Treasure NFT exhibits all the warning signs of a Ponzi scheme, utilising deceptive tactics to exploit investors. The questions about the platform’s authenticity become more intense because of unreasonably high profit promises and limited withdrawals and its reliance on referral systems for revenue generation.

As the NFT industry develops further, investors must exercise higher vigilance due to scams like Treasure NFT. It is important for investors to rely exclusively on platforms that maintain transparency and proper regulation to protect their finances from loss and safeguard their assets.



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9 04, 2025

XAG/USD rebounds toward $30 as bulls defend key support

By |2025-04-09T00:42:53+02:00April 9, 2025|Forex News, News|0 Comments


  • Silver bounces from $28.33 after failed bearish breakout, reclaiming $29.80 with eyes set on $30.00 resistance.
  • Technical setup turns bullish as RSI exits oversold territory and hammer pattern signals momentum shift.
  • Daily close above $29.70 could open door to $30.87 (200-day SMA), while downside risk emerges below $29.50.

Silver price sellers failed to decisively clear support at $28.75 daily, and buyers stepped in near yearly lows of $28.33, pushing the grey metal’s price back above $29.80 with traders eyeing the $30.00 mark. At the time of writing, XAG/USD trades at $29.89, up 0.89%.

XAG/USD Price Forecast: Technical outlook

Silver’s downtrend stalled and it might be poised for a leg-up due to some technical factors: the formation of a hammer, and the Relative Strength Index (RSI) exiting oversold conditions, with the index punching above the 30 level, a signal that usually is bullish for traders.

Furthermore, XAG/USD trades above the January 25 low of  $29.70, and a daily close above the latter could sponsor a test of the $30.00 level. Once cleared, the next stop would be the 200-day Simple Moving Average (SMA) at $30.87, followed by the $31.00 mark.

On the other hand, a drop below $29.50 could pave the way for further downside, with the next support being $29.00, followed by the year-to-date (YTD) low of $28.33.

XAG/USD Price Chart – Daily

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.



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9 04, 2025

How Tanzania plans to revitalise its tea industry

By |2025-04-09T00:36:05+02:00April 9, 2025|Dietary Supplements News, News|0 Comments


Dodoma. The government is considering a major overhaul of the tea industry aimed at boosting farmers’ earnings and preventing the collapse of the sector.

The initiative, which will be led by the newly-appointed Tea Board of Tanzania (TBT), focuses on bringing transparency to the pricing structure of green tea leaves.

Launching the new TBT, which is chaired by CRDB Bank Group CEO Abdulmajid Nsekela, in Dodoma on Tuesday, Agriculture minister Hussein Bashe said in its ambitious plan, the government was willing to go an extra mile in aiding the sector’s growth. Speaking at the annual tea stakeholders’ meeting, Mr Bashe said that within two weeks, the government expects a comprehensive breakdown of the factors influencing the cost of green tea leaves per kilogramme.

“The immediate task for you, Mr Nsekela, is to form a team that will conduct an independent analysis of the costs involved in tea production, from the farmers to the factories,” said Mr Bashe, urging the TBT to expedite the process.

He questioned the disconnect between proposed prices and factory owners’ claims that the suggested rate of Sh360 per kilogramme was too expensive for them. “We need transparency in this process to ensure that every factor contributing to the cost is fully understood,” he said.

In a further push to tackle the sector’s challenges, Mr Bashe also directed Mr Nsekela’s team to engage with several tea companies, including Mohammed Enterprises Company Limited (MeTL), DL Company and Wakulima Tea Company (Watco), which have either closed or suspended operations. He stressed the importance of resolving these issues swiftly.

“Ensure that no assets of Watco have been sold off. If they have, those involved must consider themselves as having registered a loss because they will be returned to the government at no additional cost,” said Mr Bashe to the applause of attendees. “If MeTL believes it cannot turn around its operations, they should inform the government so we can step in. For DL Company, the tea industry is vital to Tanzania’s economy, and we need a clear turnaround strategy or a peaceful exit.”

Industry and Trade deputy minister Exaud Kigahe recently gave DL Company a three-month deadline to clear outstanding payments to farmers and workers. Kigahe had warned that the DL Company’s Mufindi tea factory could deteriorate further if these issues were not resolved, urging the company to pay Sh124 million owed to farmers and Sh1.6 billion in workers’ retirement benefits by June 2025.

Mr Nsekela, appointed as TBT chairman in February 2025, expressed confidence that the board could turn the sector around. “We need to involve all stakeholders and ensure no one group benefits disproportionately. By being transparent and listening to all, we will be able to improve the sector,” he said, citing President Samia Suluhu Hassan’s 4Rs (Reconciliation, Resilience, Reform and Rebuild) as a guiding principle for reform.

The TBT, now under new leadership, brings together individuals with expertise from various sectors, including finance, research, marketing and agriculture. This multi-disciplinary approach aims to address the systemic issues that have plagued the industry for years.

As part of the broader strategy, Mr Bashe also tasked the board with reviewing Tanzania’s tea policy and strategic plan to propose solutions to the sector’s long-standing challenges.

Mr Nsekela acknowledged the scale of the task ahead, but expressed optimism, citing his previous experience as chairman of the Tanzania Smallholder Tea Development Agency (TSHTDA) and his current role as chairman of the Tanzania Cooperative Development Commission.

The tea sector in Tanzania employs over 32,000 smallholder farmers and indirectly supports more than two million people. Recent figures from the TBT show that the country earned over Sh50.25 billion from tea exports between December 2024 and March 2025.

Additionally, there is growing interest from both local and international investors in regions such as Kilolo, Njombe, and Mbeya, further fuelling optimism for the sector’s future.

However, local leaders, including Rungwe District Commissioner Jaffer Haniu, said challenges such as low prices for fresh tea leaves and delayed payments to farmers, were discouraging investment in the industry.

In a show of support for the proposed reforms, chairman of Parliament’s Industry, Trade, Agriculture and Livestock Committee Deodatus Mwanyika affirmed that the legislature fully backs the government’s transformative approach to revitalising the tea sector.



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9 04, 2025

Solana Price Prediction – Time To Buy SOL As Massive Bullish Divergence Forms On Daily Chart

By |2025-04-09T00:34:41+02:00April 9, 2025|Crypto News, News|0 Comments

Sidelined investors could soon have an excellent opportunity to buy Solana. 

$SOL fell to $95.16 late on Monday as Donald Trump’s trade wars continue to weigh on the global financial markets. 

However, it has since rallied by nearly 17%, trading at $111 at press time, following a massive bullish divergence formation on its daily chart. 

Even analysts who believe $SOL hasn’t bottomed yet are going long for a potential short-term bounce.

Solana price predictions from prominent traders also indicate that now could be an excellent opportunity to buy SOL — as long as investors remain cautious around key support and resistance levels.

Massive Bullish Divergence on Solana’s Daily Price Chart — What It Means For Interested Buyers?

Amid broader market uncertainty, RSI divergences have emerged as one of the clearest and most reliable signals of an asset’s price trajectory. 

Solana has formed a clear bullish divergence in its daily chart, as indicated by the lower low in its price and the higher low in its RSI-14. 

Unsurprisingly, $SOL has rebounded sharply from its $95 Monday low, rallying by more than 16% to trade at $111 at press time. 

The bullish divergence hasn’t gone unnoticed by prominent analysts. For instance, popular crypto trader Bluntz has revealed that he has bid on Solana following its bull-div formation. 

Bluntz was one of the first prominent voices to call out the Solana top. He still expects more downside volatility for the asset in the coming weeks, rejecting the possibility that the bottom is in. However, he does expect a relief rally in the coming weeks. 

Analysts also highlight how Solana has declined from $295 in nearly a straight line. A typical pullback, according to the Elliot Wave Theory, follows the A-B-C pattern — two corrections, with a relief rally in between. 

Experts believe that $SOL has now started its “B” move, meaning that a strong short-term bounce is coming for Solana. 

Solana Price Prediction — How High Can $SOL Go In 2025?

Solana price predictions from prominent analysts indicate that now is a good time to buy SOL. 

Popular Elliot Wave analyst, X Force Global, agrees with the assessment that $SOL is now due a “B” relief rally, potentially to $160 – $200. 

Meanwhile, trader Nebraskangooner believes $120 to be the moment of truth for Solana. A flip of this level would pave the way for $140 and higher in the coming days. 

In the long term, experts anticipate more downside volatility for $SOL, owing to broader market uncertainty. 

Trader Lana Queen expects a drop to $80, the lower boundary of a key support zone, before an explosive bullish reversal. Her 2025 price prediction for Solana is a new all-time high of $400. 

Solana Ecosystem Coins Are Also Exploding — Fartcoin And Solaxy Could 10x In 2025

Solana’s bullish momentum is mirrored by powerful rallies across several assets within its ecosystem.

Fartcoin continues to be one of the hottest assets on the market, defying the broader market selling pressure. The Solana meme coin is now trading at $0.61 and is extremely close to breaking out from a bullish cup-and-handle pattern. 

A breach of the $0.63 resistance could pave the way for a rally to $1. 

Besides Fartcoin, a new Solana layer-2 coin, Solaxy (SOLX), has caught the attention of whales and has raised nearly $30 million in its ICO.

Deep-pocketed investors continue to pour in six-figure investments into SOLX for a wide variety of reasons. For starters, it is currently in its presale and is available at a fixed price, thus protecting their investments from the broader bearishness. 

Moreover, Solaxy is the first prominent Solana Layer-2 coin, which means high upside potential. The top Bitcoin and Ethereum L2s have multibillion-dollar valuations, suggesting that SOLX could be highly undervalued during its presale. 

With its strong presale performance and unique value proposition, several analysts are viewing Solaxy as the next 10x crypto. 

Visit Solaxy Presale



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8 04, 2025

Astar Network Revolutionizes dApp Funding with Innovative Staking Model

By |2025-04-08T22:53:37+02:00April 8, 2025|News, NFT News|0 Comments




Zach Anderson
Feb 21, 2025 18:27

Astar Network introduces dApp Staking, a novel approach to funding decentralized applications, offering sustainable support for developers and rewards for users.

Astar Network, a blockchain protocol supporting both Ethereum Virtual Machine (EVM) and WebAssembly (Wasm), has introduced an innovative feature known as dApp Staking. This system aims to benefit both developers and users by creating a sustainable web3 ecosystem, according to Astar Network.

Understanding dApp Staking

dApp Staking is a unique mechanism that offers developers financial support while rewarding token holders. Unlike traditional staking, which primarily focuses on network security, dApp Staking allocates funds to promising projects, thereby allowing developers to focus on innovation rather than fundraising.

The process is straightforward: users stake their ASTR tokens on the dApps they wish to support. This, in turn, provides developers with staking rewards, which are used to enhance and maintain their projects. Participants who stake their tokens also earn passive rewards, making the ecosystem beneficial for all parties involved.

The Importance of dApp Staking

dApp Staking addresses several critical challenges in blockchain development:

  • Sustainable Developer Funding: Developers receive continuous financial support through staking rewards, reducing reliance on venture capital or token sales.
  • Decentralized Funding Model: Users determine which dApps receive funding by choosing where to stake their tokens, ensuring that valuable projects get the support they need.
  • User Rewards: Stakers earn rewards, creating an incentive for users to engage with the ecosystem.
  • Strengthened Astar Network: By supporting high-quality dApps, dApp Staking enhances the network’s overall health and utility.

Maximizing dApp Staking Benefits

Both stakers and developers can optimize their participation in dApp Staking:

For Stakers:

  • Diversify Stakes: Allocate ASTR tokens across multiple dApps to minimize risk and maximize rewards.
  • Conduct Research: Support dApps with strong development teams and clear roadmaps.
  • Reinvest Rewards: Compounding earnings by restaking can yield long-term gains.
  • Stay Informed: Monitor the progress of staked dApps and adjust strategies accordingly.

For Developers:

  • Build Community Engagement: An active user base attracts more staking support.
  • Maintain Transparency: Regular updates and open communication foster trust.
  • Offer Incentives: Additional benefits, like governance rights, can attract more stakers.
  • Promote Staking Pool: Effective marketing can draw new users and increase support.

Astar Network’s dApp Staking redefines funding for blockchain projects while providing users with opportunities to earn rewards. By aligning the interests of developers and stakers, it fosters a robust and sustainable web3 ecosystem. As blockchain technology continues to evolve, Astar’s model presents a promising framework for future decentralized applications.

Image source: Shutterstock




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8 04, 2025

Bitcoin Price Forecast Update – 08-04-2025

By |2025-04-08T22:41:32+02:00April 8, 2025|Forex News, News|0 Comments


Crude oil prices (Crude Oil) have dropped in recent intraday trading, as negative signals from the relative strength indicators have started to appear again. This follows the price’s success in surpassing its previous overbought conditions, amidst the dominance of the main downward trend in the short term.

To get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!


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8 04, 2025

Pound to Dollar Forecast: Pound Gains on Dollar as Risk Appetite Improves

By |2025-04-08T22:39:37+02:00April 8, 2025|Forex News, News|0 Comments

April 8, 2025 – Written by Frank Davies

STORY LINK Pound to Dollar Forecast: Pound Gains on Dollar as Risk Appetite Improves

The Pound to Dollar rate ticked higher on Tuesday, buoyed by renewed appetite for risk-sensitive currencies.

At the time of writing, GBP/USD was trading at approximately $1.2770. Pp around 0.3% from Tuesday’s opening rate.

The US Dollar (USD) was on the back foot as improving global sentiment prompted traders to rotate out of the safe-haven greenback.

Following a stretch of sharp losses, global equities staged a modest recovery, with gains in Asia feeding into a brighter mood during European trading hours.

Much of this cautious optimism stemmed from growing speculation that Washington may begin easing its stance on trade tariffs, with remarks from US officials indicating potential progress in talks with Japan.

Nevertheless, analysts cautioned that the rebound may be short-lived if substantial trade de-escalation fails to materialise.

Adding further pressure on the US Dollar was intensifying speculation around potential interest rate cuts from the Federal Reserve, as markets begin to factor in the impact of ongoing trade friction on the US economy.




Despite advancing on the back of a weaker USD, the Pound (GBP) found limited momentum elsewhere amid lingering expectations of future Bank of England policy easing.

Sterling was unable to capitalise fully on the improved mood in markets, as investors continued to assess the likelihood of further BoE rate cuts in response to weakening UK economic data and persistent trade concerns.

With the UK economy remaining highly sensitive to global shocks, the Pound’s upside potential was curbed by fears that prolonged tariff disruptions could further weigh on domestic output.

Looking forward, the publication of the latest Federal Reserve meeting minutes may shape the trajectory of GBP/USD in the near term.

While the discussion pre-dates Trump’s latest round of tariffs, investors will be eager to glean insights into the Fed’s mindset and gauge how prepared officials are to respond to slowing US growth.

In the meantime, a lack of major UK data releases could see the Pound move in line with broader market trends, particularly if risk sentiment continues to shift.


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8 04, 2025

Transparency-Focused Supplement Brands : Dietary Supplement Market

By |2025-04-08T22:35:08+02:00April 8, 2025|Dietary Supplements News, News|0 Comments


NØØT has emerged as a challenger brand in the crowded dietary supplement market, positioning itself as an antidote to industry practices it characterizes as profit-driven and scientifically questionable. The company’s value proposition centers on three core differentiators — rigorous scientific formulation, uncompromising ingredient purity, and radical transparency.

Founded by neuroscientist Dia Schwarz with input from medical professionals, NØØT focuses on cognitive enhancement and stress resilience through nootropics, adaptogens, and phytogens. In the context of the dietary supplement market, these categories are experiencing rapid growth as consumers seek alternatives to traditional pharmaceuticals for mental performance and well-being. The company’s product lineup addresses contemporary health concerns, including brain fog, chronic inflammation, sleep disruption, and stress-related burnout through formulations like Genius Mushrooms and NeuroFLAME.

Image Credit: NØØT



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8 04, 2025

Bitcoin (BTC) Price Prediction for April 8 — TradingView News

By |2025-04-08T22:34:07+02:00April 8, 2025|Crypto News, News|0 Comments

The market drop has not lasted long, and most of the coins are back to the green zone, according to CoinMarketCap. CoinMarketCap”>

BTCUSD

The rate of Bitcoin BTCUSD has risen by almost 4% over the last day.TradingView”>

On the hourly chart, the price of BTC is on its way to the local resistance of $80,768. If the daily bar closes around that mark, there is a chance to see a level breakout, followed by a test of the $82,000 mark.TradingView”>

On the larger time frame, the rate of the main crypto is far from key levels. In this case, traders should focus on the candle’s closure. 

If it happens with a long wick, there is a possibility to witness an ongoing drop to the $78,000 zone.TradingView”>

From the midterm point of view, it is too early to make distant predictions. If the weekly bar closes far from the support, the bounceback may continue to the $82,000-$85,000 area.

Bitcoin is trading at $79,940 at press time.

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