About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
17 02, 2025

XRP News Today: SEC’s Regulatory Shift Could Push XRP Price To $50, Analysts Say

By |2025-02-17T19:54:03+02:00February 17, 2025|Crypto News, News|0 Comments

We may see a regulatory shift with the SEC and it could lead to positive price movements for XRP – we’ll explore the details below.

Meanwhile, Bitcoin’s limitations in speed and scalability remain frustrating topics for users. PlutoChain ($PLUTO), a hybrid Layer-2 solution, could offer an answer by integrating faster transactions and smart contract capabilities into Bitcoin’s ecosystem.

Let’s check out the details.

XRP Price Prediction: How New SEC Updates May Push XRP Forward in February

XRP’s battle with the SEC is still a major concern for investors, but growing pressure on the regulator could change the game. Watchdog group Empower Oversight has sued the SEC, accusing it of hiding documents that could reveal conflicts of interest involving former official William Hinman.

This lawsuit has fueled speculation that the SEC might drop its appeal in the Ripple case. If that happens, a key barrier for XRP would be removed, potentially triggering a massive price surge. If the legal uncertainty is lifted, Ripple would gain a clearer regulatory status, opening the door for greater adoption by banks, financial institutions, and payment providers.

With no SEC cloud hanging over it, major partnerships could accelerate, increasing XRP’s utility for cross-border payments and driving up demand.Crypto analyst and investor, Ali, posted on X that his optimistic prediction for XRP is $48.12.

Can PlutoChain Bring Scalability to Bitcoin and Integrate It With Modern DeFi?

Bitcoin remains the most recognized digital asset, but its slow transaction speeds and lack of smart contract functionality have limited its role in DeFi. PlutoChain ($PLUTO), a hybrid Layer-2 protocol, could offer a way to address these challenges while preserving Bitcoin’s security.

PlutoChain may process block times off-chain before finalizing them on Bitcoin’s blockchain. This approach could reduce congestion and improve speed. PlutoChain’s network processes block times in just two seconds, a major upgrade from Bitcoin’s 10-minute block times.

One of PlutoChain’s standout features could be its Ethereum Virtual Machine (EVM) compatibility. This functionality may allow developers to deploy smart contracts and DeFi applications within Bitcoin’s network.

PlutoChain could expand Bitcoin’s use cases beyond a store of value, opening the door for lending platforms, NFT marketplaces, and AI-based financial tools.

Initial testing has delivered impressive results—PlutoChain successfully processed over 43,200 transactions in a single day without any downtime, demonstrating its ability to manage high-traffic loads.

Security remains a top priority for PlutoChain, with audits from SolidProof, QuillAudits, and Assure DeFi working to ensure network stability.

Additionally, PlutoChain’s governance model could give users a voice in protocol upgrades, offering a more adaptable approach compared to Bitcoin’s historically cautious development process.

Final Thoughts

If the SEC takes a more favorable stance after recent updates, XRP could gain momentum and possibly reach a new ATH.

Meanwhile, PlutoChain could be the long-awaited solution for Bitcoin’s growth. PlutoChain could enhance scalability and smart contract integration, it may reshape how Bitcoin interacts with modern DeFi.

——-

This article is purely informational and should not be interpreted as financial advice. Readers are encouraged to carry out their own due diligence. Predictions involve risk and may not undergo updates.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source link

17 02, 2025

Super Micro Computer price trapped in a hesitant place – Forecast today

By |2025-02-17T18:17:05+02:00February 17, 2025|Forex News, News|0 Comments


Super Mario Computer’s stock price (SMCI) rallied in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the upward correctional wave in the short term. However, despite the stock’s gains, it’s still moving alongside the main downward trend line in the medium-term, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we stand neutral until the stock moves on the pivotal resistance of $51.00, and in case of a breach, it’ll open the door for more gains, thus targeting the resistance of $74.00.

 

Trend forecast for today: Neutral

 





Source link

17 02, 2025

GBP/USD Analysis Today 17/02: Eyes Key Resistance (Chart)

By |2025-02-17T18:01:04+02:00February 17, 2025|Forex News, News|0 Comments

  • According to recent trades, the British Pound has ignored US President Donald Trump’s threats to impose tariffs on countries that impose value-added taxes and appears set to achieve another weekly gain against the dollar and euro.
  • At the end of last week, Trump outlined his plans to impose “reciprocal” tariffs on goods from countries that impose tariffs on the United States starting in April.
  • Consequently, the bullish rebound of the GBP/USD pair extended to the resistance level of 1.2630, the pair’s highest level in two months, before settling around 1.2590 at the beginning of this week.

The Fate of US Tariffs

Recently, the US president surprised observers by saying he would impose tariffs on countries that impose sales taxes such as value-added tax, which includes Britain. He argued that the idea of VAT is ridiculous and confirms an agenda of punishing everyone, whether allies or enemies, to increase revenue for the United States. The random approach creates a great deal of uncertainty in the financial markets as it becomes difficult to predict where tariffs will fall and to what extent. This makes it difficult for other countries to respond.

Overall, it has become clear that forex markets are losing interest fast: the US dollar fell 1 percent last week and is heading for its fourth weekly decline in 2025. According to market experts, the law of diminishing returns appears to be at play as headlines about tariffs seem less provocative to the forex market. Overall, the pound is facing the threat of an expanded US tariff regime aimed at addressing stifling corporate rules that affect US companies. We reported that Howard Lutnick, the incoming US Commerce Secretary, will seek to impose tariffs on countries with onerous environmental, social and governance rules, which he says penalize US companies.

Now, Trump believes that VAT also punishes American companies. He told reporters at the White House, “We’re going to call it a tariff.”

Britain has imposed VAT since 1973 when it joined what would later become the European Union. For its part, the United States has pledged to deal with “each country individually. In almost all cases, they charge us much higher tariffs than we charge them but those days are over.” For its part, the American Taxpayer Foundation, a right-wing think tank, said last Thursday that VAT is “not a tariff” and is “commercially neutral.” “Historical evidence and recent studies show that tariffs are taxes that raise prices and reduce the quantities of goods and services available to American businesses and consumers, leading to lower incomes, reduced employment, and lower economic output.”

Trading Tips:

We still recommend selling the GBP/USD from any upward level but without risking the trading account from any sudden price reversals by activating take-profit and stop-loss orders.

Trump’s Goal of Tariffs

Trump says his reciprocal tariffs are aimed at restoring balance to global trade dynamics in favour of the United States. Analysts point out that Britain already has a balanced trade in goods with the United States, which would technically make Britain a low-priority target for Trump. But targeting VAT, he says, is not about global trade but about exercising American economic power and increasing revenue. On this basis, Britain will not escape by virtue of its favourable trade balance.

Technical Analysis for the GBP/USD pair today:

Keep in mind that the GBP/USD pair may remain relatively around its recent gains until the financial markets and investors react to the US and UK economic releases led by the announcement of the minutes of the last US Federal Reserve meeting. The success of the bulls in moving towards the resistance levels of 1.2670 and 1.2800 strengthens the ascending channel forming on the daily chart above, which may eventually lead to a move towards the psychological resistance of 1.3000. Conversely, and in the same time frame, the bears broke the support level of 1.2380, threatening the current upward rebound and a return to the broader bearish path.

Ready to trade our daily GBP/USD Forex forecast? Here’s some of the best forex broker UK reviews to check out.

Source link

17 02, 2025

Secret Shopper explains how to make collagen supplements most effective

By |2025-02-17T17:54:13+02:00February 17, 2025|Dietary Supplements News, News|0 Comments


Collagen supplements have been flying off retail shelves for several years now, and sales just keep on soaring. According to New Hope Network’s Nutrition Business Journal, this market grew almost 20% in 2023, reaching $784 million, and then increased an estimated 19% in 2024. This year, NBJ expects collagen sales to blow past $1 billion.  

Like any popular category, collagen supplements spark lots of questions in the aisles. Consumers still ask about these products’ health benefits and how to incorporate them into their daily routines, but as the category and its customers mature, the inquiries, naturally, become more in-depth.

As ever, independent natural products retailers should be armed with accurate info to share. We sent out our Secret Shopper to see how one store handled a more complex question about collagen.

Natural Foods Merchandiser: Do collagen supplements count toward my daily protein intake?

Retailer: Hmmm … technically, yes, I think they do. But collagen isn’t necessarily a one-to-one swap for protein-rich foods or even protein powders like whey or pea. It’s a protein, yes, but collagen is generally a lower-quality protein.

Natural Foods Merchandiser: Oh, I definitely still try to eat plenty of protein-rich foods, and I don’t think of collagen as a substitute. It’s just that I’m in my late 40s now, so I take collagen supplements every day to give my aging skin, bones and joints an extra boost. So that made me wonder … on days where I may fall a little short on protein intake, can my collagen supplement help make up the difference?

Related:Secret Shopper: Are gummy supplements as effective as pill-form supplements?

Retailer: I see. Yeah, I think it can. I mean, collagen can be great for women as they age, so I guess that would make it a win-win!

How did this retailer do?

Our expert educator: Vanessa King, MS, RDN, CDCES, a registered dietitian nutritionist and spokesperson for the Academy of Nutrition and Dietetics

The retailer did a great job of acknowledging changing nutrition needs as we age. Collagen production decreases with age, especially affecting postmenopausal women and older adults. This reduction can show up as wrinkles and joint pain. Collagen supplements may help to keep body stores up, but it’s important to note that we can’t impact how the oral collagen is used in our body. Taking a collagen supplement doesn’t guarantee increased collagen stores. If other proteins are needed, the body will prioritize and build protein over collagen. 

The retailer also had some knowledge of collagen. Yes, it can be counted toward total protein intake. However, collagen doesn’t contain an equivalent amount of some essential amino acids that our body can’t make on its own. Traditional protein supplements are usually whey or soy based, providing branched-chain amino acids (BCAA), which are beneficial for building muscle and improving body composition. Collagen has a low volume of BCAAs. But hydrolyzed collagen’s small molecular size and high levels of the amino acids arginine and proline make the BCAAs more bioavailable.

Due to its large size, collagen can’t be absorbed in its whole form. Hydrolyzed collagen products break down the large collagen protein into smaller peptides, making it more soluble and bioavailable in the body. The container may be labeled hydrolyzed collagen or collagen peptides. 

Some foods also provide collagen, such as bone broth. In addition, our body requires other nutrients such as vitamin C and zinc to synthesize collagen. A balanced diet promotes collagen production. Enjoy lean proteins, colorful fruits and vegetables, and whole grains. 





Source link

17 02, 2025

Solana (SOL) Price Prediction for February 17

By |2025-02-17T17:53:09+02:00February 17, 2025|Crypto News, News|0 Comments

Most of the coins are in the green zone on the first day of the week; however, there are some exceptions to the rule, according to CoinStats.

Top coins by CoinStats

SOL/USD

Unlike other coins, the price of Solana (SOL) has fallen by 2.1% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of SOL is in the middle of the local channel, between the support of $180.77 and the resistance of $189.72. If growth continues, one can expect a test of the upper level by tomorrow.

Article image
Image by TradingView

On the longer time frame, traders should focus on the bar’s closure in terms of the support of $175.89. 

Related

BTC, ETH and XRP Price Prediction for February 17

If it happens near it or below, the energy might be enough for a level breakout, followed by an ongoing downward move to the $170 area.

Article image
Image by TradingView

From the midterm point of view, there are no reversal signals yet. If the weekly bar closes near its low, traders may witness a test of the support of $157.82 soon.

SOL is trading at $184.50 at press time.

Source link

17 02, 2025

XAU/USD buyers regain poise as focus shifts to US-Russia meeting

By |2025-02-17T16:16:03+02:00February 17, 2025|Forex News, News|0 Comments


  • Gold price rebounds after Friday’s profit-taking slide; light trading could exaggerate moves.
  • The US Dollar and US Treasury yields consolidate losses, bracing for US-Russia talks and Fed Minutes.
  • Gold price could see a fresh upside as the daily RSI eases from the overbought territory.  

Gold price is back on the bids early Monday, reversing a part of Friday’s profit-taking decline. The further upside in Gold price depends on the upcoming US-Russia talks and developments around US President Donald Trump’s tariff plans amid a US holiday-led thin market conditions.

Gold price kicks off the week positively

Having registered eight straight weeks of gains, Gold price kicks off a fresh week on a positive note, underpinned by the sustained weakness in the US Dollar (USD) and the US Treasury bond yields.

Markets remain expectant that the Russia-Ukraine conflict could end soon as US President Donald Trump is scheduled to hold a meeting with Russian President Vladimir Putin in Saudi Arabia on Tuesday.

Prospects of diminishing geopolitical risks weigh on the USD, supporting the renewed upswing in Gold price. The Greenback also suffers from the increase in revival of bets surrounding two interest rate cuts by the US Federal Reserve (Fed) this year, following Friday’s dismal Retail Sales data.

Data showed that Retail Sales declined 0.9% over the month in January, compared to the estimated drop of 0.1%. This marked the biggest month-on-month (MoM) decrease since early 2023, rekindling expectations for two rate Fed cuts in 2025.

Discouraging triggered a fresh sell-off in the US Treasury bond yields across the curve, in turn, smashing the US Dollar despite some weakness in Wall Street indices on Friday. Gold price, however, failed to capitalize on US data-led USD weakness as markets resorted to profit-taking on their Gold longs after the record run.

Traders also preferred to cash in on the Gold price record rally ahead of the upcoming US-Russia meeting and the Minutes of the Fed’s January meeting.

At the moment, Gold price also derives strength from tensions around a looming tariff war between the US and the European Union (EU). “The European Commission would explore tough import limits on certain foods made to different standards to protect its farmers, echoing US President Donald Trump’s reciprocal trade policy,” the Financial Times (FT) reported on Sunday.

It’s worth mentioning that Gold price could be subject to intense volatility in the day ahead as a US national holiday will likely exaggerate moves. Speeches will from Fed officials Christopher Waller, Patrick Harker and Michelle Bowman will be closely scrutinized before Wednesday’s Fed Minutes.

Gold price technical analysis: Daily chart

The daily chart shows that Gold price defended the rising trendline support, then at $2,885.

The 14-day Relative Strength Index (RSI) has eased from the overbought territory to trade in the bullish zone, currently near 69.

If the rebound gathers strength, Gold buyers will aim for the record high of $2,943. Ahead of that, the February 12 high of $2,909 could test bearish commitments.

The next relevant resistance is seen at the $2,970 round level.

Should sellers crack the February low of $2,864 decisively, a fresh downside could initiate toward the $2,850 psychological barrier.

Further south, the 21-day Simple Moving Average (SMA) at $2,822 could come into play.

Gold FAQs

Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

 



Source link

17 02, 2025

USD/JPY Analysis Today 17/02: Optimal Buying Strategy -Chart

By |2025-02-17T16:00:02+02:00February 17, 2025|Forex News, News|0 Comments

  • A bearish start to the trading week for the USD/JPY pair with losses to the support level of 151.47 before settling around the 151.85 level at the time of writing.
  • Furthermore, the Japanese yen’s gains increased as investors responded to strong economic growth data.
  • According to economic indicators, Japan’s economy grew by 0.7% on a quarterly basis in the fourth quarter, accelerating from a growth of 0.4% in the previous quarter and exceeding expectations of 0.3%.
  • On an annual basis, Japan’s GDP grew by 2.8% in the fourth quarter, in line with expectations and up from growth of 1.7% in the third quarter.

Overall, the positive numbers reinforced the hawkish expectations for the Bank of Japan’s monetary policy. While uncertainty remains about whether the Bank of Japan will raise interest rates again in March, a rate hike later in the year is widely expected. The Japanese Yen has also gained strength from the recent weakness of the US dollar, driven by weak US economic data and easing fears of a global trade war.

Trading Tips:

We still recommend buying the US Dollar against the Japanese Yen but without risking the trading account from any sudden price reversals by activating take-profit and stop-loss orders.

Tariffs and US Stock Performance

Since President Donald Trump took office, Wall Street stock markets have been guessing “whether or not he will do it” regarding tariffs, since he promised to impose comprehensive duties on both geopolitical allies and competitors alike. While the initial reaction in the stock market was cautious, the mood is changing as the administration’s policies become increasingly confused with delays and exemptions mixed with aggressive rhetoric.

For stock investors, they have ignored the concerns and bought stocks. While the risk of a global trade war remains dangerously real after Trump announced a 25% tariff on steel and aluminium imports that will take effect in March and reciprocal tariffs on many trading partners expected to be imposed in April, US stock indices continue to rise, with the S&P 500 ending last week just points away from its all-time high. The question now is whether the buyers driving these gains are adequately assessing what Trump will do – or are recklessly throwing caution to the wind.

USD/JPY Technical Analysis and Expectations Today:

According to the daily chart, the bears are trying to move the USD/JPY currency pair with stronger downward levels, and now the psychological support level of 150.00 is the most important for further control, and at the same time, technical indicators will move towards strong oversold levels, led by the direction of the Relative Strength Index and the Stochastic Oscillator. I still recommend buying the USD/JPY from any downward level. Conversely, on the same timeframe, the bulls will successfully break the downward trend if the pair rebounds above the resistance of 155.50 again. The reaction to the content of the minutes of the latest meeting of the US Federal Reserve and any new developments regarding US trade wars, as well as signals from central bank officials, will affect the performance of the dollar against the Japanese Yen.

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

Source link

17 02, 2025

5 reasons to drink matcha for good skin

By |2025-02-17T15:53:25+02:00February 17, 2025|Dietary Supplements News, News|0 Comments


Matcha green tea is rich in chlorophyll, acts like a natural detoxifier, and cleanses your skin by immediately removing toxins and impurities. If you religiously use matcha in your skincare routine, then it will deeply cleanse your gut, which will in turn showcase results on your face, promoting clearing out of the clogged pores, reducing breakouts, and cleansing your skin as well.

(Image Credits: Pinterest)





Source link

17 02, 2025

Is a $1 Rebound Still Possible?

By |2025-02-17T15:52:04+02:00February 17, 2025|Crypto News, News|0 Comments

Dogecoin (DOGE) has flashed a concerning technical signal that previously led to steep price corrections.

On-chain analyst Ali Martinez highlighted the development in a tweet today. He disclosed that DOGE’s Market Value to Realized Value (MVRV) Ratio has just crossed below its 200-day moving average (MA), forming a bearish “death cross.”

Historical data suggests that this pattern has preceded significant downturns. Specifically, Dogecoin saw price declines of 26% and 44% the last two times this occurred. The latest crossover raises fears that DOGE could face another sharp correction if the pattern holds.

Image
Dogecoin historical chart by Martinez

MVRV Death Cross and Its Impact on Dogecoin Price

The MVRV Ratio is a key metric that indicates whether an asset is overvalued or undervalued by comparing its market price to the average price paid by investors. A cross below the 200-day MA signals a change in market sentiment from bullish to bearish.

For context, Dogecoin’s price has seen considerable volatility in recent months, with significant rallies followed by corrections. For instance, DOGE has fallen by 2.87% today. This has worsened its 30-day performance, which now shows a substantial 35% decline.

The latest dip follows a rally to nearly $0.30 on Friday after weeks of trading below this psychological threshold. While many had hoped the Dogecoin rebound would last, bearish sentiment is again gaining traction.

The MVRV death cross suggests that holders may be entering a loss phase, potentially triggering further sell-offs and adding downward pressure on the price.

Market Outlook for DOGE

Currently trading at $0.2622, the warning of a 26% to 44% correction implies that dip buyers may target new entries at $0.194 in the best case or even $0.14683 if conditions worsen.

For context, Dogecoin last traded in this range in October 2024, emphasizing the significance of the projected decline.

While historical trends lean bearish, broader market conditions and external catalysts—such as ETF news, whale accumulation, and social media hype—could help counteract the anticipated downturn.

In response to Martinez’s tweet, analyst CryptoLax suggested that Dogecoin bulls might find support around the $0.20 psychological level, which could serve as a basis for a rebound.

However, CryptoLax cautioned that the loss of key exponential moving averages (EMAs) could lead to further declines for DOGE.

While Martinez predicts the possibility of a major crash, other analysts remain optimistic. Some predict a 150% price surge for DOGE. Cas Abbe, in particular, noted that DOGE is currently in a bullish descending channel, similar to patterns seen in Q4 2023 and Q3 2024.

Abbe pointed out that both of these previous breakouts resulted in a 150% price increase. Meanwhile, he acknowledged that the sentiment around meme coins is currently low. Yet, he emphasized that Dogecoin has been a mainstay in the crypto space for a decade and is likely to maintain its presence.

“A $1 Dogecoin is a realistic price target for this cycle,” Abbe concluded.

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.



Source link

17 02, 2025

USA EIA Boosts Henry Hub Natural Gas Price Forecasts

By |2025-02-17T14:15:25+02:00February 17, 2025|Forex News, News|0 Comments


In its latest short term energy outlook (STEO), which was released on February 11, the U.S. Energy Information Administration (EIA) increased its Henry Hub spot price forecast for 2025 and 2026.

According to its February STEO, the EIA now sees the Henry Hub spot price averaging $3.79 per million British thermal units (MMBtu) in 2025 and $4.16 per MMBtu in 2026. The EIA’s previous STEO, which was released in January, saw the Henry Hub spot price averaging $3.14 per MMBtu in 2025 and $3.97 per MMBtu in 2026.

The EIA projected in its latest STEO that the Henry Hub spot price will come in at $3.70 per MMBtu in the first quarter of this year, $3.39 per MMBtu in the second quarter, $3.95 per MMBtu in the third quarter, $4.11 per MMBtu in the fourth quarter, $4.26 per MMBtu in the first quarter of next year, $3.81 per MMBtu in the second quarter, $4.21 per MMBtu in the third quarter, and $4.35 per MMBtu in the fourth quarter.

In its previous STEO, the EIA projected that the Henry Hub spot price would average $3.21 per MMBtu in the first quarter of 2025, $2.59 per MMBtu in the second quarter, $3.18 per MMBtu in the third quarter, $3.59 per MMBtu in the fourth quarter, $4.03 per MMBtu in the first quarter of 2026, $3.63 per MMBtu in the second quarter, $4.06 per MMBtu in the third quarter, and $4.17 per MMBtu in the fourth quarter.

The EIA noted in its February STEO that the Henry Hub spot price averaged $4.13 per MMBtu in January. It highlighted that this was up more than $1.00 from the December average of $3.01 per MMBtu.

“The above-average withdrawals from underground natural gas storage in January caused prices to rise,” the EIA said in its latest STEO.

“The Henry Hub spot price reached a high of $9.86 per MMBtu on January 17 ahead of a cold snap that was expected to affect much of the United States over the mid-month holiday weekend,” it added.

“The 37 percent uptick in the monthly average Henry Hub price in January from December, combined with our forecast of below-average storage inventories through the end of 2025, increased the annual average 2025 price in our forecast by around 65 cents compared with our January Short-Term Energy Outlook,” it continued.

In its February STEO, the EIA warned that weather is always a risk to its Henry Hub price forecast during the winter heating season.

“An additional risk over the forecast period includes timing of new liquefied natural gas production that developers expect to start up over the next two years,” the EIA added.

“We expect China’s imposition of tariffs on U.S. LNG to have a limited effect on U.S. LNG exports. With ample demand for LNG globally, we expect that any LNG not purchased by China would be imported elsewhere,” it continued.

A report sent to Rigzone by Standard Chartered Bank Commodities Research Head Paul Horsnell on February 11 showed that Standard Chartered expected the nearby future NYMEX basis Henry Hub U.S. natural gas price to average $3.20 per MMBtu in the first quarter of 2025, $3.50 per MMBtu across the second and third quarters, and $2.80 per MMBtu in the fourth quarter. The company saw the commodity averaging $3.30 per MMBtu overall in 2026, the report showed.

In a BMI report sent to Rigzone by the Fitch Group on February 10, BMI, a unit of Fitch Solutions, projected that the Henry Hub price will average $3.4 per MMBtu in 2025 and $3.8 per MMBtu in 2026. A Bloomberg consensus included in the report forecast that the Henry Hub price will average $3.4 per MMBtu this year and $3.7 per MMBtu in 2026.

A research note sent to Rigzone by the JPM Commodities Research team on February 7 showed that J.P. Morgan saw the U.S. natural gas henry hub price averaging $3.50 per MMBtu in 2025 and $3.94 per MMBtu in 2026.

To contact the author, email andreas.exarheas@rigzone.com





Source link

Go to Top