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7 03, 2025

GBP/USD Forecast Today 07/03: Struggles at 1.29 (Chart)

By |2025-03-07T17:50:48+02:00March 7, 2025|Forex News, News|0 Comments

  • The British pound has been noisy during the trading session on Thursday, as we are hanging around the crucial 1.29 level.
  • This is a market that has been overdone for a while, so would not surprise me at all to see a little bit of a pullback.
  • That being said, it doesn’t necessarily mean that I expect this pair to collapse or anything, but the move has been a little bit in the ridiculous genre, and I think that sooner or later we are going to have to realize that gravity is most certainly a thing.

The candlestick on Thursday shows that we are hesitating a bit, and this sets up the perfect situation for a bit of a pullback. The pullback is something that should be expected after a complete explosion to the upside like we had seen. The 1.2750 level is an area that I’d be paying close attention to, as it has been important multiple times. Just below there, we also have the 200 Day EMA offering support.

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Technical Analysis

The technical analysis for this pair is very bullish all of the sudden, but in the short term you would have to assume that there is a little bit of hesitation to start jumping in and buying at this level. That being said, if we were to pull back toward the crucial 1.2750 level, then I think we have the opportunity to buy in that area. On the other hand, if we were to break above the top of the candlestick for the trading session on Thursday, then it’s possible that we could go looking to the 1.30 level.

In general, I think this is going to remain a somewhat bullish market, due to the fact that everybody is watching US yields dropped, but at the same time, it’s a scenario where sooner or later gravity has to take some of the momentum out. Because of this, it does make a certain amount of sense that we would see a little bit of a reprieve. However, if you are patient, we should see things show themselves a little bit clearer.

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7 03, 2025

Dear Doctor: Are large amounts of vitamins, supplements beneficial to healthy people?

By |2025-03-07T17:48:57+02:00March 7, 2025|Dietary Supplements News, News|0 Comments


DEAR DR. ROACH: My otherwise-healthy 65-year-old wife takes large amounts of vitamins and supplements a day. Her doctor says this is fine, but it looks to be a lot more than a dozen. Do large amounts of vitamins and supplements actually have a beneficial effect? I know vitamins are necessary, but to this extent? Could large amounts be detrimental? — S.W.

ANSWER: Many studies have been designed to determine whether supplemental vitamins and minerals lead to a benefit in healthy people. As a group, they have consistently failed to show any benefit in the quality or length of life, so I do not recommend vitamin or mineral supplementation for healthy people.

Some people prefer to treat symptoms with dietary supplements, and there are a few supplements that may be effective. But it sounds like your wife is taking hers just to be healthier, and I don’t think they are effective at doing so.

It is unusual to get serious side effects from vitamins and minerals unless the doses are far above what is recommended. Still, she’s probably wasting money on these supplements. Most of my patients I tell this to are reluctant to stop, as they have often been taking them for many years. Or they’re convinced that the supplements are helpful, and it can be hard to change people’s minds with new information.

DEAR DR. ROACH: I got the two doses of the shingles vaccine. Is this enough? Do I need the chickenpox one, too? I do not remember if I got chickenpox when I was young. — S.R.E.

ANSWER: Two doses are all you need for the Shingrix vaccine, which is the vaccine given to people who have either had chickenpox or the chickenpox vaccine. This includes more than 95% of people over the age of 50, whom the shingles vaccine is designed for. It is not recommended to get the chickenpox vaccine or even test for immunity before getting the shingles vaccine.



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7 03, 2025

Trump Bitcoin Price ‘Game-Changer’ Spurs Huge $10 Trillion Prediction

By |2025-03-07T17:46:03+02:00March 7, 2025|Crypto News, News|0 Comments

U.S. president Donald Trump has signed an executive order, calling for the establishment of a U.S bitcoin strategic reserve and stockpile of other cryptocurrencies, following through on a campaign promise that some think could push the bitcoin price sharply higher.

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The bitcoin price dipped after it was revealed Trump had signed the order, falling as traders expressed their disappointment it doesn’t commit the U.S. to buying more bitcoin or crypto (and following a “foolish” crypto price warning from Elon Musk).

Now, as the bitcoin and crypto market braces for a BlackRock earthquake, traders are scrambling to get ahead of other countries rushing to follow the U.S. into bitcoin—with one analyst predicting a $10 trillion bitcoin market capitalization by 2028.

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Forbes‘Watch Out’—Forget Trump, China Is Quietly Priming A $1.4 Trillion Bitcoin Price Boom

“Incredible execution from the Trump administration and a historic moment for bitcoin and crypto,” Coinbase chief executive Brian Armstrong posted to X. “I expect many of the G20 to take notice, and eventually follow America’s leadership.”

The bitcoin reserve “will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,” David Sacks, Trump’s crypto czar, posted to X alongside a video showing Sacks calling the reserve a “digital Fort Knox” and promising it “won’t cost taxpayers a dime.”

Some have speculated that China is weighing creating its own bitcoin reserve to rival the U.S. after Abu Dhabi’s sovereign wealth fund revealed last month it’s betting on bitcoin, kicking off a global adoption “race.”

“There have been rumours about China and South Korea exploring their own bitcoin strategic reserves,” Danny Scott, the chief executive at crypto platform CoinCorner, said in emailed comments. “It goes without saying now that all countries around the world will be paying attention and be looking at how they make their move,” adding: “It’s going to happen globally.”

Trump’s bitcoin reserve executive order follows the announcement over the weekend that the U.S. will create a diverse crypto stockpile, cheered by the market as a “game-changer.”

“This week’s announcement—as imperfect as it is—marks the first time the U.S. has ever said that bitcoin is a strategic asset,” Bitwise’s chief investment officer Matt Hougan wrote in a blog post. “As long as that stays intact, it feels like a game-changer to me.”

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ForbesElon Musk Issues ‘Foolish’ Crypto Price Warning As Memecoin Crash Threatens Bitcoin

Hougan said other countries would likely be watching the U.S. and considering following suit in creating bitcoin reserves.

“If you are Honduras, Mexico, or Guatemala, and you’re watching El Salvador and now the U.S. acquire bitcoin, can you really afford to be at zero?” Hougan asked. “If you’re Dubai, Qatar, or Saudi Arabia, are you comfortable with Abu Dhabi and the U.S. taking the lead? What about Russia? China?”

Excitement over a potential global race toward bitcoin adoption has added to expectations of increased crypto regulatory clarity in the U.S. under the Trump administration.

“That should add to that medium term, top-side potential, which for me is bitcoin up to $200,000 this year, and $500,000 before Trump leaves office,” Standard Chartered Bank’s Geoffrey Kendrick told CNBC, which would give bitcoin a market capitalization of around $10 trillion.

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7 03, 2025

The EURUSD price forecast update

By |2025-03-07T16:03:56+02:00March 7, 2025|Forex News, News|0 Comments


The EURJPY pair approached the second target at 161.65, while the negative momentum that the major indicators started to provide by the MA55 that forms additional barrier at 160.90 and stochastic attempt to exit the overbought areas pushed the price to activate the correctional decline to settle near 159.50.

 

We expect to form some sideways trades to attempt to hold above the additional support at 158.85, while gathering the additional positive momentum will push the price to start forming bullish waves to target 160.20 soon, followed by attempting to confirm breaching the MA55 to ease the mission of recording new gains on the near-term and medium term basis.

 

The expected trading range for today is between 159.00 and 161.20

 

Trend forecast: Bullish





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7 03, 2025

The GBPJPY surrenders to the moving average negativity – Forecast today – 7-3-2025

By |2025-03-07T15:50:07+02:00March 7, 2025|Forex News, News|0 Comments

The GBPJPY pair failed to surpass the MA55 that formed solid barrier by settling at 192.60, to form strong negative rebound and approach the initial support at 189.75.

 

The suggested scenario on the near-term basis depends on the strength of the current support line, as its stability allows us to expect renewing the bullish attempts in order to reach 191.00 followed by reaching the next target at 193.25, while crawling below the support and providing negative close below it will push it back to the negative track, to suffer many losses by moving towards 188.65.

 

The expected trading range for today is between 189.75 and 191.00

 

Trend forecast: Bullish



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7 03, 2025

Tea Polyphenols Market Global Rising Demand & Huge Scope Till

By |2025-03-07T15:48:00+02:00March 7, 2025|Dietary Supplements News, News|0 Comments


Tea Polyphenols Market

The global tea polyphenols market was valued at approximately USD 443.8 million in 2023 and is projected to reach USD 817.2 million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% during the forecast period from 2024 to 2032.

Tea Polyphenols Market Overview

Tea polyphenols, naturally occurring compounds in tea leaves, are renowned for their potent antioxidant properties and associated health benefits, including anti-inflammatory and anti-carcinogenic effects. The market’s growth is driven by increasing consumer awareness of these health benefits, leading to a higher demand for functional foods and beverages incorporating tea polyphenols. Additionally, the expanding application of tea polyphenols in the nutraceutical and cosmetic industries, owing to their natural origin and efficacy, contributes to market expansion. However, challenges such as supply chain complexities and regulatory hurdles may impede rapid growth. Nonetheless, ongoing research and development aimed at enhancing extraction methods and expanding application areas are expected to create new opportunities in the tea polyphenols market in the coming years.

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Taiyo International, Zhejiang Tea Group, Layn Natural Ingredients, Camellia Sinensis and more…

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◘ By Type: EGCG, Catechins, Theaflavins

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7 03, 2025

Elliott Wave Theory Suggests Dogecoin Price to $8.5

By |2025-03-07T15:45:13+02:00March 7, 2025|Crypto News, News|0 Comments

An analyst on X identified Elliott Wave patterns, suggesting Dogecoin completed a corrective phase and may enter a powerful wave (3) expansion.

Dogecoin (DOGE) experienced a sharp decline, dropping from above $0.21 to below $0.191 before rebounding to approximately $0.20. The meme cryptocurrency registered a 3.9% decline over the past 24 hours, indicating a short-term downtrend. 

However, despite this dip, DOGE maintained a 7-day gain of 8.0%. From a broader view, its 14-day and 30-day performance reflected declines of 20.9% and 24.1%, respectively. Over the past hour, DOGE managed a modest 0.6% recovery.

Impending Move for Dogecoin Price

With the notable fluctuation, an analyst on X examined Dogecoin’s market structure using the Elliott Wave Theory. The analyst identifies primary wave formations (1, 2, 3, 4, 5) along with corrective patterns (A, B, C). 

According to this assessment, DOGE has likely completed a minor corrective wave (2) and is in the early stages of forming a (1)-(2) subwave structure. This setup could potentially lead to the emergence of a powerful wave (3), signaling a shift in momentum.

Image

The recent price drop aligns with a retracement around the 0.618 Fibonacci level, indicating that the corrective phase might be nearing completion. If Dogecoin breaks out of this correction zone, it could validate the expansion of wave (3). 

The medium-term projection based on the 1.618 Fibonacci extension of Wave IV suggests that DOGE could gain $3.17, pushing its value to approximately $3.37. Further, over a longer timeframe, the wave structure indicates a potential movement toward wave three at $8.5.

Crucial Support and Resistance Levels Identified

Market analyst Ali Martinez provided an independent evaluation of DOGE on X, highlighting the possibility of a 2,871% surge in DOGE’s price. He noted that the asset remains within a long-term ascending parallel channel, maintaining a bullish market structure despite recent fluctuations.

Currently, DOGE is hovering near a major support level, which could be instrumental in determining its next move. According to Martinez, the lower boundary support at $0.16 remains a crucial threshold. A strong hold at this level could trigger a rebound toward $2.74, which is positioned as the mid-channel target. This projection aligns with the 1.272 Fibonacci extension level on DOGE’s weekly chart.

Challenges on the Road to Higher Levels

At the time of analysis, Dogecoin traded at $0.203, recording a 15% drop within 24 hours. Per the analysis, before attempting to reach the mid-channel target, DOGE must first surpass immediate resistance at $0.56958, which corresponds to the 1.00 Fibonacci level.

If bullish momentum intensifies, DOGE could push higher toward the upper boundary of $6.24. This price point aligns with the 1.414 Fibonacci extension, marking a significant resistance level.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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7 03, 2025

VeChain Integrates Privy for Seamless Social Logins and dApp Development

By |2025-03-07T14:15:59+02:00March 7, 2025|News, NFT News|0 Comments




Lawrence Jengar
Feb 20, 2025 09:44

VeChain introduces Privy-powered social logins within the VeChain Kit, simplifying dApp development and onboarding with a user-friendly interface.





VeChain has announced a significant enhancement to its ecosystem by integrating Privy-powered social logins into the VeChain Kit, a move aimed at simplifying decentralized application (dApp) development and user onboarding. This update follows the company’s recent tokenomics announcements and is set to benefit both developers and users by offering a more accessible interface, according to VeChain Official.

Streamlined Onboarding with VeChain Kit

The VeChain Kit is designed to streamline the development of applications on the VeChainThor blockchain. By incorporating Privy, users can now log in using familiar credentials such as usernames and passwords, akin to traditional websites, thereby reducing the complexity typically associated with blockchain technology for non-crypto users.

This integration aims to make the process of developing and deploying dApps faster and more efficient. The VeChain Kit includes features such as unified wallet integration, developer-friendly React Hooks, pre-built UI components, simplified token operations, and multi-language support, all of which contribute to a more seamless development experience.

Key Features of VeChain Kit

The VeChain Kit offers several key features that make it an attractive tool for developers:

  • Unified Wallet Integration: Allows for easy integration of VeChain wallets using social logins, simplifying wallet management.
  • Developer-Friendly React Hooks: Provides intuitive hooks for blockchain interactions, making data reading and writing on VeChainThor easier.
  • Pre-Built UI Components: Speeds up UI development with pre-made components, ensuring a consistent wallet experience across dApps.
  • Token Operations: Facilitates easy management of tokens, balances, and VET domains from a single library.
  • Multi-Language Support: Enables developers to cater to a global audience with built-in internationalization features.

Breaking Down Barriers

By integrating Privy, VeChain Kit significantly reduces the barriers to entry for new users and developers. The use of social logins allows users to access dApps through familiar interfaces, streamlining the onboarding process. Additionally, the kit’s built-in features such as React Hooks and pre-built components help developers focus on application logic rather than complex blockchain interactions.

VeChain plans to continue enhancing the kit with future updates and features, including support for multi-clause transactions—a feature unique to the VeChain Transaction model.

Encouraging Development

VeChain is committed to making the app development process as straightforward as possible. With the integration of Privy into the VeChain Kit, developers—whether seasoned or new to blockchain—can enjoy a simplified workflow, empowering them to innovate and build efficiently.

Developers are encouraged to explore the VeChain Kit through its official website, sample applications, GitHub repository, and comprehensive documentation to unlock its full potential.

Image source: Shutterstock




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7 03, 2025

Copper price faces solid resistance – Forecast today – 7-3-2025

By |2025-03-07T14:03:05+02:00March 7, 2025|Forex News, News|0 Comments


Copper price ended the last bullish rally by facing 4.8100$ resistance line, to form temporary negative rebound towards 4.7100$, while the main stability within the bullish channel and forming continuous additional support at 4.5400$ will increase the chances of activating the bullish track on the near-term basis.

 

We assure the importance of gathering the additional positive momentum to manage to surpass the current resistance and open the way to record additional gains that might extend towards 4.8800$ followed by reaching the bullish channel’s resistance line near 4.9600$.

 

The expected trading range for today is between 4.6500$ and 4.9100$

 

Trend forecast: Bullish





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7 03, 2025

The EURJPY loses the positive momentum – Forecast today – 7-3-2025

By |2025-03-07T13:49:05+02:00March 7, 2025|Forex News, News|0 Comments

The EURJPY pair approached the second target at 161.65, while the negative momentum that the major indicators started to provide by the MA55 that forms additional barrier at 160.90 and stochastic attempt to exit the overbought areas pushed the price to activate the correctional decline to settle near 159.50.

 

We expect to form some sideways trades to attempt to hold above the additional support at 158.85, while gathering the additional positive momentum will push the price to start forming bullish waves to target 160.20 soon, followed by attempting to confirm breaching the MA55 to ease the mission of recording new gains on the near-term and medium term basis.

 

The expected trading range for today is between 159.00 and 161.20

 

Trend forecast: Bullish



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