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3 01, 2025

XAU/USD takes out all key resistance levels; where next?

By |2025-01-03T06:23:15+02:00January 3, 2025|Forex News, News|0 Comments


  • Gold price consolidates a two-day upsurge above $2,650 early Friday.        
  • The US Dollar stalls its uptrend amid sluggish US Treasury bond yields and a cautious mood.
  • Gold price cheers geopolitical woes and a bullish daily RSI as buyers scale all key technical hurdles.

Gold price is holding close to the two-week high of $2,664 early Friday as buyers take a breather after gaining about 1.5% so far this week.

Gold price eyes more upside amid geopolitical risks

Gold price benefitted alongside the US Dollar (USD) on the first trading day of the New Year as investors flocked to safe havens amid escalating geopolitical conflicts and increased tensions surrounding the upcoming policies from the US President-elect Donald Trump and the US Federal Reserve (Fed).

Expectations that Trump’s protectionist policies could spur fresh US-Sino trade tensions and the haven demand for Gold price. However, his policies are seen as inflationary and could prompt the Fed to maintain its cautious approach to future rate cuts. The Fed’s measured stance could check the upside in the non-interest-bearing bright metal.

Meanwhile, Gold traders created fresh buying positions after Reuters reported that Israeli airstrikes killed at least 68 Palestinians in Gaza, including the Hamas-controlled police chief, his deputy, and nine displaced people. “Additionally, Russia launched a drone strike on the Ukrainian capital Kyiv early on Wednesday, causing damage in at least two districts,” Reuters said.

Moreover, Axios reported that outgoing US President Biden was presented with options for a potential attack on Iran’s nuclear facilities if Tehran moves towards a nuclear weapon before January 20.

Markets also digested the strong US jobs data, which showed that the Initial Jobless Claims hit an eight-month low last week, falling by 9,000 to 211,000 versus 222,000 estimated. However, the data appeared distorted due to the year-end holiday season.

The focus now shifts toward the top-tier US ISM Manufacturing PMI data and a speech by Richmond Fed President Tom Barkin due later on Friday for some fresh trading incentives for Gold price.

However, the broader market sentiment amid lingering Middle East geopolitical tensions and China’s economic worries will continue to play a pivotal role in the Gold price action.

Gold price technical analysis: Daily chart

The daily chart shows that the 14-day Relative Strength Index (RSI) has recaptured the 50 level, opening up further upside for Gold price.

Thursday’s Gold price rally took out all key major daily Simple Moving Averages (SMA), with the price closing above the critical 50-day SMA, then at $2,655.

If buyers regain traction, the next relevant upside target aligns at the $2,700 round level, above which the December 12 high of $2,726 will be challenged.

On the flip side, the immediate support is at the previous resistance of 21-day SMA at $2,638 if the 50-day SMA, now at $2,653, gives way.

A daily candlestick close below the latter will negate the recovery momentum, fuelling a fresh downtrend toward the weekly low of $2,596.

Economic Indicator

ISM Manufacturing PMI

The Institute for Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI), released on a monthly basis, is a leading indicator gauging business activity in the US manufacturing sector. The indicator is obtained from a survey of manufacturing supply executives based on information they have collected within their respective organizations. Survey responses reflect the change, if any, in the current month compared to the previous month. A reading above 50 indicates that the manufacturing economy is generally expanding, a bullish sign for the US Dollar (USD). A reading below 50 signals that factory activity is generally declining, which is seen as bearish for USD.

Read more.

 



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3 01, 2025

DOGE Price Soars 7%, $3 Billion Volume Marks Major Activity

By |2025-01-03T05:03:56+02:00January 3, 2025|Crypto News, News|0 Comments

Dogecoin (DOGE) price has risen 7% in the last 24 hours, as it tries to regain its $50 billion market cap. Trading volume has surged to $3 billion during this period.

Key technical indicators, such as the Ichimoku Cloud, signal strong upward momentum. If the current trend continues, DOGE could break through key resistance levels and achieve significant short-term gains.

DOGE Ichimoku Cloud Shows a Bullish Setup

The Ichimoku Cloud chart for Dogecoin reveals a bullish setup. The price broke above the red cloud, indicating a shift in momentum, as buyers have gained control, pushing the price higher.

The red cloud, formed by Senkou Span A and Senkou Span B, previously reflected bearish sentiment, but DOGE move above it suggests a change in sentiment. The current green cloud ahead further supports this bullish outlook, as it signals potential continuation of upward momentum.

DOGE Ichimoku Cloud. Source: TradingView

Additionally, the blue Tenkan-sen (conversion line) has crossed above the orange Kijun-sen (baseline), further confirming the bullish trend. This crossover highlights short-term price strength exceeding the longer-term baseline. The green lagging span (Chikou Span) is also positioned above the price and the cloud, signaling that the current bullish trend is consistent with prior price movements.

For DOGE price to maintain its upward trajectory, it must hold above the cloud and build on this momentum. However, any failure to sustain these levels could lead to consolidation or a retracement back into the cloud.

Dogecoin DMI Indicates Potential for a Stronger Uptrend

Dogecoin DMI chart shows its ADX currently at 21.5, which is up significantly from 11.9 just yesterday, indicating a strengthening trend. The rise in ADX suggests that the uptrend is gaining momentum, reflecting growing market confidence and increased buying activity.

The +DI (Directional Indicator) has surged to 34.6 from 15 over the past two days, signaling strong buying pressure, while the -DI has dropped to 11.1 from 20, reflecting a significant reduction in selling pressure. This divergence between the +DI and -DI reinforces the dominance of bullish momentum in the market.

DOGE DMI.
DOGE DMI. Source: TradingView

The Average Directional Index (ADX) measures trend strength on a scale from 0 to 100, with values above 25 indicating a strong trend and readings below 20 suggesting weak or absent trend strength. DOGE’s ADX at 21.5 shows that the trend is on the verge of becoming firmly established, especially given the sharp rise in +DI and the decline in -DI.

In the short term, this setup suggests that DOGE price is likely to continue its upward trajectory as buyers are in control. However, for the trend to sustain, the ADX must continue rising and hold above 25 to confirm a strong uptrend.

DOGE Price Prediction: Will It Rise 22% Soon?

Dogecoin price EMA lines suggest that a Golden Cross may form soon, a bullish indicator where the short-term EMA crosses above the long-term EMA. This potential crossover could signal a continuation of the uptrend, allowing DOGE to test the resistance at $0.36.

If this level is broken, DOGE price could aim for higher resistance levels at $0.387 and $0.415, representing a potential 22.7% price increase.

DOGE Price Analysis.
DOGE Price Analysis. Source: TradingView

On the other hand, if the uptrend loses momentum and the market reverses, DOGE price could test its immediate support at $0.30. A failure to hold this level may lead to a sharper decline, with the next strong support at $0.26 coming into play.

For DOGE to maintain its upward trajectory, the Golden Cross would need to materialize, and buyers would need to drive the price through critical resistance levels.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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3 01, 2025

WTI Crude Oil Forecast Today

By |2025-01-03T04:21:58+02:00January 3, 2025|Forex News, News|0 Comments


  • On the last day of trading in 2024, it looks like the West Texas Intermediate Crude Oil market is going to continue to be positive, but we have a massive amount of resistance just above, and therefore I think it makes a certain amount of sense that although we are bullish, we are a little bit hesitant.
  • When I look at this chart, there are a lot of things just above that could cause us a bit of a headache if we do start buying.

Resistance Above

The resistance above is most obviously seen at the $72.50 level, as it has been a major barrier previously. Furthermore, we also have the 200 Day EMA sitting just above there, and it is dropping. With that being said, the market is likely to continue to see a lot of short sellers coming into the market in trying to step on the crude oil market. However, I think that there is only so much resistance it will be seen, and I do fully anticipate that this market will break out to the upside over the longer term.

Short-term pullbacks I believe end up being a nice buying opportunity with the 50 Day EMA, sitting right around the $70 level. If we were to break down below that level, then you could have a situation where traders trying to find value at lower levels, but right now I thesis is basically the market trying to find buyers on each and every dip, as it gives us an opportunity to pick up a little bit of “value” in a market that has been forming a large basing pattern for some time. Quite frankly, I like the idea of buying this market on dips, as I do believe that with the explosion of risk appetite next year would drive the demand for oil in the United States. Remember, the WTI Crude Oil market is heavily influenced by America, and America is still roaring ahead.

Ready to trade the daily crude oil Forex forecast? Here’s a list of some of the best Oil trading platforms to check out. 



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3 01, 2025

Virginia lawmaker pre-files prohibitive dietary supplement bill

By |2025-01-03T03:04:10+02:00January 3, 2025|Dietary Supplements News, News|0 Comments


Introduced by Viriginia Rep. Baxter Ennis (R), HB 1585 is similar to a recent bill introduced in Texas at the end of 2024. Both bills specifically mention creatine, green tea extract, raspberry ketone, garcinia cambogia and coffee bean extract.

“Additionally, the bill includes language encompassing products with labeling or marketing bearing statements or images that express or imply that the product will help modify maintain or reduce body weight, fact, appetite, overall metabolism or the process by which nutrients are metabolized or increase muscle or strength,” Kyle Turk, vice president of government affairs for the Natural Products Association, told NutraIngredients-USA.

Timetable

The pre-file precedes Virginia’s legislative session, which is set to begin on Jan. 8, and the bill faces a tight timetable in the weeks ahead.

Turk explained that the last day to introduce legislation in the state is Jan. 17, and the last day for appropriations in both chambers to complete action on budget bills is Feb. 2.

“The crossover date, which is the last day for each house to act on its own legislation, is Feb. 4,” he said, adding that the legislation session adjourns on Feb. 22.

Elsewhere

As reported by NutraIngredients-USA at the start of December, similar bills were introduced in Texas and pre-filed in New Hampshire.

Both of these bills contain very similar language to the one that passed in New York in 2023.

This is the latest in a campaign of legislative efforts across the country to restrict access to certain categories of dietary supplements. The efforts reportedly originate from the Strategic Training Initiative for the Prevention of Eating Disorders (STRIPED), launched as a “public health incubator” based at the Harvard T.H. Chan School of Public Health and Boston Children’s Hospital.

Proponents of the restrictions cite a purported link between the use of such products and the worsening of eating disorders, even though a review of the scientific literature, funded by the Council for Responsible Nutrition (CRN), concluded that the “evidence to date does not support a causative role for dietary supplements in eating disorders.

“The use of dietary supplements for weight management in both male and female teens appears to be declining, and the objective of weight loss is not observed as a common motivation for the use of dietary supplements among this age group,” wrote Susan Hewlings, PhD, RD, the author of the review, which was published in Nutrients.

Earlier in 2024, the American Herbal Products Association (AHPA), the Natural Products Association (NPA) and the United Natural Products Alliance (UNPA) expressed joint opposition to controversial legislation in California that also aimed to restrict dietary supplement sales to minors. The bill failed to pass Senate appropriations; a result hailed by the dietary supplements industry.

A similar bill passed the New Jersey Assembly in October 2024 (A1848). The bill was received in the New Jersey Senate on Dec. 5, and referred to the Senate’s Health, Human Services and Senior Citizens Committee. S3987 was introduced in the New Jersey Senate on Dec. 19.

Over the last 10 years, similar proposals have been defeated in Colorado, Illinois, Massachusetts, Maryland, Missouri and Rhode Island.



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3 01, 2025

Dogecoin Price Prediction 2025 – Doge to A Dollar

By |2025-01-03T03:02:01+02:00January 3, 2025|Crypto News, News|0 Comments

You Cannot Beat A Good Meme

The DOGE Shiba Inu, Source: Dogecoin.com 

Dogecoin started as a playful jab at Bitcoin, a satirical take on the growing cryptocurrency hype. It drew its name and identity from the iconic Doge meme, which features a Shiba Inu, a Japanese dog breed, known for its quirky expressions. What began as a lighthearted experiment quickly became one of crypto’s most unexpected success stories. This article explores some of the history of Dogecoin, its increasing relevance as the meme coin narrative grows, the enduring support of Elon Musk, why financial nihilism is good for Doge, and why a 2025 Dogecoin prediction of $1 (One dollar) is conservative. Woof.

The Shiba Inu Mascot with Staying Power

Despite its humorous origin, Dogecoin has proven to be far more than a fleeting internet joke. Its charm lies in its whimsy and accessibility, attracting a devoted following. Communities on Reddit and Twitter played a pivotal role in its rise, fostering a culture of humor, generosity, and shared enthusiasm. This vibrant fanbase turned Dogecoin into a cultural touchstone, propelling it beyond its satirical beginnings.

As one of the oldest altcoins—predating even Ethereum—Dogecoin has defied expectations, outlasting many projects that promised serious innovation. It carved out a unique identity as the internet’s favorite meme currency, proudly embracing its irreverent origins.

The Egalitarian Crypto

Dogecoin’s appeal also stems from its simplicity and egalitarian ethos. Unlike many cryptocurrencies backed by presales, venture capital, or corporate interests, Dogecoin launched without insider advantages or elaborate marketing campaigns. Its value isn’t tied to lofty promises of disrupting industries but rather to the shared humor and culture it represents.

For many, Dogecoin isn’t just an asset; it’s a statement. It symbolizes the power of community and memes to break through traditional barriers and even influence mainstream culture. As Elon Musk and other high-profile figures toy with its potential, Dogecoin continues to showcase the unlikely influence of internet culture in shaping the financial world.

Dogecoin Price Prediction 2025

An anonymous crypto analyst, known as CEO, shared with his 536,000 followers on X that Dogecoin could be gearing up for a significant rally in 2025. Using a weekly chart, the investor highlighted a pattern of sweeping previous resistance and support levels—a move that mirrored Dogecoin’s behavior during the last bull run.

According to CEO, this pattern has repeated throughout 2024, positioning Dogecoin in the final phase before a potential breakout rally.

Dogecoin Price Prediction 2025 – Doge to A Dollar

Source: X

Echoing this sentiment, technical analyst Chandler Bing projected that Dogecoin’s long-term price range could land between $2.35 and $2.60—a staggering 683% increase from its current value. While this target might seem ambitious, Bing described it as a “conservative estimate,” citing historical patterns and market dynamics to support his forecast.

doge coin price prediction 2025

Source: X

What’s driving this bullish momentum? There are many factors. The most important reasons that prediction that the Dogecoin price will hit $1 and beyond in 2025 are – the wider crypto market experiencing a bull run due to the Trump Pump, Elon Musk’s support, the ongoing meme coin phenomenon, and financial nihilism, which drives value to speculate assets such as dogecoin. 

Travis Kling, has explored the concept of financial nihilism to explain the cultural and economic underpinnings that drive the popularity of assets like Dogecoin. Here’s a breakdown of the idea and why it underpins Dogecoin’s path to $1 in 2025.

What is Financial Nihilism?

Financial nihilism is the belief that traditional financial systems, institutions, and even investment fundamentals no longer matter in an era where speculative assets and memes can drive massive value. This mindset thrives in a landscape shaped by:

  1. Distrust in Traditional Systems: After decades of financial crises, monetary policy experiments like quantitative easing, and growing inequality, many people feel alienated from traditional finance.
  2. Rise of Internet Culture: Meme-driven internet communities and social media have created new forms of value, where humor, shared culture, and collective action can outperform traditional investment logic.
  3. Low Barrier to Entry: Platforms like Robinhood and the accessibility of cryptocurrencies enable retail investors to participate in markets with little understanding of fundamentals, focusing instead on narratives and hype.

How Dogecoin Embodies Financial Nihilism

Dogecoin is the poster child for financial nihilism. Initially created as a joke, it has defied traditional expectations by becoming a serious contender in the crypto market. Here’s why it resonates:

  • Cultural Appeal: Dogecoin’s roots in meme culture make it relatable and engaging for millions who view it as a symbol of rebellion against Wall Street norms.
  • Community Power: Dogecoin’s value is propelled not by its technical innovation but by its loyal and enthusiastic community.
  • Irreverence as Strength: Its satirical nature aligns perfectly with the nihilistic view that investment doesn’t need to be serious or tied to traditional value creation.

Why Dogecoin Could Hit $1 by 2025

  1. The Power of Memes: As financial nihilism grows, Dogecoin’s status as the ultimate meme asset makes it a strong candidate for speculative investment. Social media campaigns, celebrity endorsements (e.g., Elon Musk), and viral trends could push its price.
  2. A New Bull Market: If a bull market emerges in 2025, Dogecoin could capitalize on the influx of retail investors looking for “fun” and accessible entry points into crypto.
  3. Mass Adoption & Visibility: With Dogecoin integrated into tipping platforms, payment systems, and pop culture references, its visibility has grown immensely. This broad exposure could drive significant demand.
  4. Speculation and Community Action: During speculative bull runs, collective community actions like coordinated buying can drive Dogecoin’s price to psychological milestones, such as $1.

Kling’s financial nihilism thesis underscores how assets like Dogecoin thrive not despite their irreverent nature but because of it. In a world where traditional systems are questioned and value creation is democratized through internet culture, Dogecoin represents the ultimate “why not?” investment. This ethos, combined with market dynamics, could very well propel Doge to $1 in 2025. In fact Dogecoin could easily hit 1 dollar, and then go beyond to new heights as market euphoria takes hold.

Meme Coins Dominated a Third of Investor Focus in 2024

A report analyzing market trends from January 1 to December 21, 2024, highlights the meteoric rise of meme coins in capturing investor attention. The “main meme coin narrative” alone now represents 15% of the overall market—a significant jump from the prior year—indicating a growing appetite for these unpredictable and highly speculative tokens.

Leading the charge were Dogecoin (DOGE) and Shiba Inu (SHIB), with market capitalizations of $49.3 billion and $13.8 billion, respectively. Together, these meme-driven assets have propelled the collective market cap of the meme coin sector to a staggering $113 billion. This surge underscores the enduring appeal of humor, community, and speculation in the evolving cryptocurrency landscape.

doge to the moon

Source: Coingecko

In fact, as the Google Trends chart below shows, 2024 was a breakout year for Dogecoin, with worldwide Google search interest in Doge (green line) experiencing strong surges in February at the height of the first Memecoin mania, easily outpacing Pepecoin (blue), DogWifHat, (red) the other big memecoin story of 2024, and SHIB Inu coin, (yellow). In 2025, Dogecoin will continue to be the leading meme coin.

dogecoin to the moon

Source: Google Trends

The Elon Musk Connection

Elon Musk, long associated with DOGE, has re-entered the conversation. In November 2024, President-elect Donald Trump announced the formation of the Department of Government Efficiency (DOGE), appointing Elon Musk and entrepreneur Vivek Ramaswamy to lead this initiative. The primary objective of DOGE is to streamline federal operations by dismantling bureaucratic structures, reducing excessive regulations, and cutting wasteful expenditures.

The acronym DOGE is a nod to Dogecoin, a cryptocurrency that Musk has frequently endorsed. Following the announcement, Dogecoin’s value experienced a significant surge, rising nearly 20% and trading at approximately $0.42. This increase brought its market capitalization to nearly $60 billion, surpassing companies like Ford and Delta Air Lines.

Musk’s involvement in DOGE has further amplified interest in Dogecoin, with speculations about potential integration of the cryptocurrency into government efficiency measures. Analysts suggest that Musk’s influence and the symbolic connection between the department’s acronym and Dogecoin could drive the cryptocurrency’s value higher, potentially reaching $1 by 2025.

The establishment of the Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, has not only set the stage for potential governmental reforms but has also invigorated the market performance of Dogecoin, highlighting the interplay between political initiatives and cryptocurrency valuations.

dogecoin 2025

Source: X

Will Dogecoin 10x in 2025? The Case for the Meme Coin King

In 2025, crypto natives and new investors alike are wondering what is the best crypto to buy right now for the best returns. They’re looking at XRP, Pepe Coin, Shiba Inu coin, and the smart one ones will allocate to Bitcoin. The smartest investors of all, however, know that  Dogecoin, the undisputed leader of meme coins, holds a unique position in the cryptocurrency market that signals explosive potential. 

With growing acceptance in mainstream commerce, endorsements from high-profile figures like Elon Musk, and cultural relevance that rivals traditional brands, Dogecoin is well-positioned for significant growth. Coupled with a potentially more crypto-friendly regulatory environment under Donald Trump’s presidency, the stage may be set for returns that could 10x by the end of 2025.

While newer meme coins might offer flashy short-term gains, Dogecoin’s established status sets it apart. Boasting a massive market cap and a history of resilience, Doge has proven its staying power. Its all-time high of $0.7316 in 2021 remains a testament to its market potential, but the community’s focus is now squarely on an even bigger milestone: $1. 

For Dogecoin enthusiasts, this isn’t just a Doge coin price prediction—it’s a prophecy. Popular analysts like Angelo on X suggest that this price level is achievable within the current cycle, particularly if Bitcoin experiences a bullish Q4. Historically, Bitcoin rallies have often lifted meme coins like Doge, amplifying their speculative appeal.

doge to a dollar

Source: X

Dogecoin is more than a cryptocurrency; it’s a cultural icon. As the largest and most recognizable meme coin, Dogecoin enjoys unparalleled global brand recognition. Its playful connection to Elon Musk, who frequently tweets about Doge, has cemented its status as the “Bitcoin of meme coins.” This ongoing support from one of the world’s most influential figures has created a unique blend of humor and speculation that continues to captivate investors and meme enthusiasts alike.

The journey to $1 has become a rallying cry for the Dogecoin community, representing a symbolic goal that feels increasingly within reach. Whether the milestone is hit by the end of 2024 or in early 2025, the momentum behind Doge suggests the prophecy is closer than ever to being fulfilled. Its combination of proven market resilience, a dedicated community, and mainstream cultural relevance makes the $1 target seem not just possible, but inevitable.

Dogecoin’s charm lies in its ability to balance humor with utility and community engagement. With its track record of resilience, high-profile endorsements, and a market that rewards cultural relevance, Dogecoin is thriving as the ultimate meme coin. The prophecy of Doge reaching $1 is no longer just a joke—it’s a real possibility. Will Dogecoin make it? The answer may be just around the corner. Much wow. Woof.

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3 01, 2025

XAU/USD flat lines above $2,650 ahead of US PMI release

By |2025-01-03T02:21:19+02:00January 3, 2025|Forex News, News|0 Comments


  • Gold price trades flat around $2,660 in Friday’s early Asian session.
  • Safe-haven demand and buying by global central banks lift the Gold price. 
  • The expectation of a slower pace of the US interest rate reduction might cap the upside for the yellow metal.

The Gold price (XAU/USD) consolidates its gains near $2,660 after reaching a two-week high during the early Asian session on Friday. The safe-haven flows amid the geopolitical tensions provide some support to the precious metal. The US ISM Manufacturing Purchasing Managers Index (PMI) for December will take center stage later on Friday. Also, the Richmond Fed President Thomas Barkin is scheduled to speak.

Russia carried out a drone attack on Kyiv early Wednesday, causing damage in two districts, while Israel targeted a Gaza City neighbourhood, per Reuters. Investors will closely monitor the development surrounding geopolitical risks. Any signs of escalating tensions in the Middle East and Russia-Ukraine could boost the Gold price, a traditional safe-haven asset. 

Central bank purchasing activities could contribute to the yellow metal’s upside. Global central banks bought 694 tonnes of gold during the first nine months of 2024. “We think central bank interest will be a strong base for the buying next year,” noted Henrik Marx, global head of trading at Heraeus Precious Metals, which expected that gold could reach highs of $2,950 per troy ounce in 2025. 

On the other hand, the slower pace of further rate cuts by the US Federal Reserve (Fed) might weigh on the non-yielding asset. The US central bank decided to lower the interest rates in December but signalled that borrowing costs will fall more slowly than previously expected this year. 

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.

 



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3 01, 2025

How to get rid of lower belly fat

By |2025-01-03T01:03:12+02:00January 3, 2025|Dietary Supplements News, News|0 Comments


If losing lower belly fat is on your fitness agenda this year, listen up. Because we’re here to give you the 411 on how to approach that goal safely.

But before we dive in, there are a couple of house rules that need sharing first: losing weight is only something you should do if it’s the right decision for you. Not if you feel obliged or online trends tell you to do so. Seriously, not every bit of content can be trusted/is recommended for a healthy weight loss journey, so watch out for the harmful ones slipping under the radar.

Health and safety completed, if you’re losing this fat for the good of your body, you must be clued up on how to go about it properly. It’s also important you’re realistic about it too, as results won’t happen overnight.

So, to help you on your lower belly fat quest, we spoke to three experts: Dr Luke James from Bupa UK, nutritionist Clarissa Lenherr and personal trainer Emily Ricketts. From debunking myths, explaining the science-y bits, and pointing out common mistakes, hopefully, you’ll find it much easier working towards those abs. (Spoiler: some people are more genetically predisposed to visible abs than others).

pinterest

Maskot//Getty Images

Why is belly fat so hard to lose?

According to Dr James, lower belly fat is the hardest fat to lose because the cells that gather around your lower abdomen are known as ‘beta fat’ cells, which are notoriously difficult to change, he explains.

“While we can target weight loss in general through diet and lifestyle changes, it is unrealistic to think that we can target particular areas for fat loss,” says Lenherr.

Ricketts agrees, sharing that no matter how hard you train your abdominal muscles, you can’t spot reduce belly fat. “In fact, you can’t spot reduce fat full stop,” she adds. “Weight loss is something that will occur through your body being in an energy deficit (consuming fewer calories than it’s burning), and as such, you can’t make that exclusive to just one area of your body.”

Can you target specific areas for weight loss?

Unfortunately not (so please ignore any ‘experts’ out there who might claim otherwise!), all you can do is aim for an overall reduction in weight.

Our experts all recommend focusing on eating a well-balanced diet, moving regularly, investing in stress management and concentrating on sleep quality to set yourself up for all-round good health. Then, the weight loss will follow.

And just to reiterate: weight loss is different for everyone, and needn’t be the main focus of your fitness goals. In fact, none of us should feel pressured to change a single thing about ourselves if we’re happy with what we see in the mirror.

fitnesspinterest

Photo by Alex Tihonov//Getty Images

How to lose lower belly fat

Nevertheless, if losing lower belly fat is something you’re keen to achieve – and you’re exercising regularly and maintaining a balanced diet, but still failing to get rid of any lower stomach fat – here are some pointers from our experts about where you might be going wrong.

You’re not getting enough sleep

From social media scrolling sessions to late-night coffees, there are plenty of ways we unknowingly keep ourselves awake at night. Aside from feeling tired and groggy the next day, not getting the recommended seven to nine hours of sleep can actually affect weight loss, explains Dr James.

“When we’re lacking sleep, our body’s hormones get thrown off balance which can impact our hunger levels the next day. We all have two hormones that affect our appetite: ghrelin and leptin. When we don’t get enough sleep, our ghrelin levels (the hormone that makes us feel hungry) rise, and our leptin levels (the hormone that makes us feel full) drop.

“This means that when we’re awake, we tend to eat more but feel less satisfied. Try going to bed a little earlier than usual to avoid this imbalance and remember to remove any distractions that might prevent you from nodding off,” he continues.

belly fatpinterest

Maria Korneeva//Getty Images

You’re doing the wrong type of workout

Contrast to popular belief, “only doing abdominal-focused workouts, like crunches, won’t help,” James emphasises. This is because belly fat is where your body stores energy, so you need to take a whole-body approach to tackle it.

He recommends HIIT training (high intensity interval training) as it’s “a great way to burn fat and get your heart rate up.” Examples of this workout include squats, burpees and treadmill sprints.

Ricketts agrees, saying that, in its simplest form, training abs alone, won’t get you abs. Instead, “focus on the staple movements like planks, crunches, twists, holds and v-ups (lifting your arms and legs off the floor at the same time). Doing these exercises often will help you progressively get stronger at them over time.”

She also points out that compound movements such as squats, deadlifts, overhead press and pull-ups are all effective at activating and working your core. Essentially, make sure you’re “moving your body in a way that feels good, and keeps you moving consistently.”

You’re consuming too much sugar

“If your diet consists of lots of sports drinks, sugar-sweetened drinks like fizzy coca cola and flavoured waters, or sugary foods like chocolate and cakes, it will make losing weight harder,” Dr James says. He also explains that while whole fruits and vegetables are undoubtedly good for you, they can also sometimes cause weight gain if you eat too many due to their high levels of natural sugars. “Low-fat food options might have high amounts of added sugar in there too, so make sure to check the food label,” he warns.

Unless you have a medical reason to, you should avoid completely cutting out food groups from your diet, the NHS advises, and that includes carbs, of which there are lots of healthy starchy types. However, Dr James is in favour of reducing your intake slightly and swapping for healthier alternatives like courgetti. “It won’t be easy, but by dropping your overall carbohydrate intake (not eradicating carbs completely), you will have the best chance of tackling your belly fat,” shares Dr James.

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But, Ricketts is hesitant about this. She explains that, while Dr James isn’t wrong, some foods aren’t as nutritionally dense, and they won’t ultimately affect weight loss if you’re still maintaining a calorie deficit. “I’m a big believer that you don’t need to cut out foods or become consumed with ‘good’ and ‘bad’ labels when it comes to your nutrition,” she shares.

“Talking about fat loss in its simplest form, the energy deficit you are creating is what will make that happen. It’s not about demonising food groups or cutting out everything you love, it’s about mastering moderation and balance and aiming to consume within that energy deficit to achieve slow and sustainable fat loss.”

You’re not eating enough protein

Protein is great for fat loss, according to Dr James. “It helps build and preserve lean muscle tissue and can increase the amount of calories you burn. It’s also a great source of energy that helps you feel fuller for longer, so you’re less tempted to snack.”

Good sources include:

  • chicken breast
  • turkey
  • tuna
  • eggs
  • Greek yoghurt
  • milk
  • tofu
  • chickpeas
  • pulses
  • nuts and seeds
  • meat alternatives

But remember: do opt for the lean protein sources where possible, as some can be deceptively high in saturated fat, he advises.

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You’re feeling stressed or anxious

Feeling stressed can wreak havoc on your body, says Dr James. He explains that it can cause the production of the steroid hormone cortisol, which can make you crave sugary foods that provide instant energy and pleasure.

“Short-term bursts of cortisol are necessary to help us cope with immediate danger, but our body will also release this hormone if we’re feeling stressed or anxious. When our cortisol levels are high for a long amount of time, it can increase the amount of fat you hold in your belly,” he outlines.

Lenherr has similar thoughts, adding that by calming your stress levels, you are much less likely to crave energy-dense foods.

She adds: “Try and notice if you reach for food when you are stressed. Spot this habit and ask yourself, ‘Am I actually hungry, or am I eating for another reason, like stress, boredom or excitement?'”. If your answer is the latter, try a non-food-related habit, instead. Why not go for a walk, call a friend or make a cup of tea?

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You’re expecting a quick fix

It’s easy to become impatient and frustrated when you’re trying to lose weight and haven’t seen the results yet. “But be realistic,” Dr James encourages. “You won’t see results overnight. Your brain’s wiring plays a huge part in resisting lifestyle changes, and it takes time to establish new habits – up to 12 weeks. Stick with it for at least eight weeks and you should notice a change.”

Disappointed that your progress looks a little different to someone else’s? Remember, one of the biggest misconceptions when trying to lose lower stomach fat is that a flat stomach, or ab definition of any kind, looks the same on everyone.

“Major spoiler – they don’t! I’d try to avoid chasing the perfect set of abs and instead focus on striving towards a strong core – whatever that looks and feels like for you. Even if we all trained the same, we wouldn’t all look the same,” Ricketts points out.

You’re not tracking your progress

Dr James believes that tracking your progress can serve as an encouraging reminder that what you are doing is working.

“There are some great apps and wearable tech devices available that make it easier to stick to your plan. They can help you monitor your goals, food intake and the calories burned during exercise. If these aren’t an option, write down a meal and exercise plan. This will help you stick to your goals and remain focussed,” he explains.

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You’re crash-dieting

“Crash diets (aka, dramatically cutting down how much you eat) might help you to lose a few pounds at first, but they’re hard to sustain and won’t help you keep the weight off. It might seem like a quick and easy option, but eating too few calories can actually do more harm than good. If your calorie intake dips too low, your body could go into starvation mode. This will slow down your metabolism, making it harder for your body to lose weight. Make sensible, healthy changes to your lifestyle that you can stick to and avoid the fad diets,” Dr James shares.

Ricketts couldn’t agree more, adding that short-term solutions rarely yield long-term results. “Instead of chasing the quick fixes and falling down the crash diet crater, focus on building a lifestyle. One that makes you feel good! Change that mindset to focus on building a body that’ll last you a lifetime, not one that’s only for the next six weeks.”

You’re doing too much

Your body needs a healthy balance of exercise and rest. So for all those Netflix and – literally – chill lovers out there, you’ll be happy to know that doing too much can actually prevent the body from shifting excess fat.

“Exercising without rest can impact our levels of the steroid hormone cortisol and cause an increase of stubborn fat stored in the belly. Not allowing your body to recover can increase the risk of injury too, so make sure you factor in rest days to your exercise plan,” Dr James warns.

You haven’t got the right exercise balance

We get it, there are so many different workouts and fitness regimes that often, it can become overwhelming. It can also skew our vision of which exercises work the best. As Dr James explained, while HIIT is great for fat burning and will increase your heart rate, he’d also recommend weaving in some strength and resistance exercises.

He advises weight lifting, using resistance bands or using the weight machines at the gym as these will speed up your metabolism and increase muscle strength. He also adds that mixing up your workouts (and making sure they’re whole body) is important. In all honesty, he also notes it’s so you don’t get bored.

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You’ve lost motivation

Dr James shares that one of the hardest parts of losing weight is maintaining the lifestyle changes you’ve made.

Sure, it’s difficult to stay motivated all the time, especially if you’ve slipped up along the way. But he encourages you not to let this affect your end goal. Instead, he advises asking a friend to join you for your workout, followed by cooking something healthy for dinner together. Shaking up your routine in a positive way such as this can really help lure you out of that unmotivated funk.

You’re drinking too much alcohol

As a qualified nutritionist, this is one Lenherr sees all the time. “While having a glass of red wine has been shown to have some health benefits, it is widely known that consuming excess alcohol can impact your health and your waistline.”

This is because, when you consume booze, the liver burns alcohol instead of fat, which over long periods can lead to fat accumulation. Meanwhile, she details that alcohol can increase your appetite, potentially leading to an increased consumption of calories. (Yep, we’re looking at you, Friday night greasy kebab.)

To combat these hankerings, Lenherr advises to stick to – or ideally consume below – the NHS recommendation of 14 units of alcohol per week. Plus, to make sure you opt for a few alcohol-free nights every week.

Your hormones are out of whack

Apparently, hormones play a major role in fat distribution. Lenherr explains that a reduction in oestrogen in women and testosterone in men, particularly as we age, can trigger the redistribution of fat to the stomach.

On top of this, certain hormonal imbalances such as PCOS (Polycystic ovary syndrome) can increase the risk of insulin resistance which can lead to an increased production of fat cells. Eating a diet that is high in refined carbohydrates, sugars and alcohol can increase our insulin levels which promotes fat storage. This increases the risk of a fatty liver and results in a higher incidence of weight gain around the stomach.

If you are concerned about hormonal imbalances, book an appointment to speak to your GP.

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You’re not paying attention to your food

This is something we’re all guilty of, whether it’s scrolling through TikTok while guzzling down breakfast, eating lunch at our desks, or scoffing a quick dinner in front of the TV. If this sounds familiar (which we know it does), there is a risk you are not paying proper attention to your food.

“It can take up to 20 minutes for signals to reach our brains to tell us we are full, explains Lenherr. “If we are distracted, we can miss these signals and end up overeating which can lead to weight gain.”

In this instance, it might be worth taking a leaf out of the blue zoners‘ book. For example, the Okinawans in Japan follow a 2,500-year-old rule that reminds them to finish eating when they feel 80% full. Those in the Mediterranean locations (Sardinia and Ikaria in Greece) turn mealtimes into an event and eat slowly while conversing with friends. This allows their brains to catch up with their stomach (and vice versa), which helps them to avoid overeating.

Oh, and they also eat their smallest meals either early in the evening or late in the afternoon.

This article is not intended to be a substitute for professional medical advice or diagnosis. Always seek the advice of your physician or other qualified health provider with any questions you may have regarding a medical condition.





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3 01, 2025

Could XRP surge to new highs in January 2025? First two days of trading suggest an upside bias

By |2025-01-03T01:01:26+02:00January 3, 2025|Crypto News, News|0 Comments

  • XRP long-term holders soaked up short-term holders’ recent profit-taking as they resumed accumulation.
  • Buyers across top exchanges have dominated sellers since the beginning of 2025.
  • XRP could test the $2.9 resistance after breaking out of a key symmetrical triangle pattern.

Ripple’s XRP is up 7% on Thursday, extending its rally that began during the New Year’s Day celebration. If long-term holders (LTH) continue their recent accumulation, XRP could overcome the $2.9 resistance level and aim for a new all-time high.

XRP on-chain activity shows long-term holders and buying pressure dominance

Following a 12% jump in XRP’s price on Wednesday, investors booked over $1 billion, the highest realized profits since December 16.

XRP Network Realized Profit/Loss. Source: Santiment

The profit-taking was mainly from investors that have held XRP in the past 90 days, as indicated by a spike in the Dormant Circulation (90d) metric. However, long-term holders have adopted a somewhat opposite attitude, accumulating the sell-pressure from these short-term holders as reflected by an increase in the Mean Coin Age metric.

The Mean Coin Age metric measures the average amount of time all XRP tokens have stayed in their current address. As seen in the chart below, an increase indicates accumulation is dominant over distribution.

XRP Dormant Circulation and Mean Coin Age. Source: Santiment

XRP Dormant Circulation and Mean Coin Age. Source: Santiment

XRP’s net flow and volume across top crypto exchanges in the past 24 hours show a similar trend, with Binance, OKX, Bitstamp and Bybit all showing net outflows. The only net inflow was recorded in Coinbase. Exchange net outflows indicate buying pressure is dominant and vice versa for net inflows.

XRP 24-hour Volume and Net Flow. Source: Coinglass

XRP 24-hour Volume and Net Flow. Source: Coinglass

Meanwhile, with pro-crypto Paul Atkins potentially assuming the role of the United States Securities and Exchange Commission (SEC) Chair on January 20, it’s unlikely the agency will pursue its appeal against Judge Analisa Torres’s ruling in its case against Ripple. The SEC faces a January 15 deadline to file the opening brief for its appeal.

XRP eyes $2.9 resistance following move above key symmetrical triangle

XRP has sustained over $11.03 million in liquidations in the past 24 hours, per Coinglass data. The total amount of liquidated long positions reached $2.72 million, while short liquidations accounted for $8.31 million.

XRP broke above a symmetrical triangle pattern on Thursday, extending its New Year’s Day rally. With the breakout, XRP could rally toward the resistance level at $2.9. The move could be strengthened if XRP sees a slight downturn and bounces off the triangle’s upper boundary line.

XRP/USDT daily chart

XRP/USDT daily chart

The Relative Strength Index (RSI) is above its neutral level, indicating dominant bullish momentum. Meanwhile, the Stochastic Oscillator (Stoch) is in its oversold region, signaling a potential correction could be imminent.

A daily candlestick close below the triangle’s lower boundary line and the 50-day Simple Moving Average (SMA) would invalidate the thesis and send XRP toward the $1.35 level.


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3 01, 2025

Natural Gas Price Forecast: Support Holds Amid Weekly Bearish Pattern

By |2025-01-03T00:20:10+02:00January 3, 2025|Forex News, News|0 Comments


Underlying Demand Remains but Correction Risk Grows

Since natural gas continues to retain support around the prior resistance level, which reflects underlying demand, it remains in a position to potentially continue the rising trend before a deeper pullback. However, there is one more trading day to the week and the current weekly candlestick pattern is showing a bearish shooting star. This is bearish if triggered to the downside. But since the week is not yet complete another day is needed to see if the bearish pattern remains. Today’s low at 3.54 is currently the low for the week.

No Surprise if there is a Deeper Pullback

A new high for the rising trend was established at this week’s high of 4.20. It was quickly met with stronger resistance, which led to weak close on the new high day, as sellers moved to take back control. They remained in control on Tuesday as seen by the weak close. Today is the second day showing a lower daily high and lower low.

If natural gas sees further weakness, there are several price areas to watch for potential support. The 20-Day MA at 3.46 is next in line on the downside. It can be watched along with the rising internal trendline, along with the 78.6% retracement and most recent swing low at 3.28.

Bearish Reaction Following 4.20 Trend High

Given the bearish reaction following the 4.20 trend high it wouldn’t be surprising to see more of a pullback and/or consolidation before natural gas is ready to proceed higher, if it is to do so. And given the recent long-term bullish signal as noted above, triangle breakout and long-term trend continuation signals, once a correction is complete higher target remain a possibility of being reached. However, a sustained drop below the 3.29 swing low would put the bullish scenario at risk in the near-term.

For a look at all of today’s economic events, check out our economic calendar.



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2 01, 2025

Cocoa Extract May Benefit Cognition Among Those With Lower Diet Quality

By |2025-01-02T23:02:19+02:00January 2, 2025|Dietary Supplements News, News|0 Comments


Cocoa lovers with less than healthy dietary patterns are in for a bit of good news. Recently a randomized controlled study of 573 participants published in The American Journal of Clinical Nutrition found that older adults with unhealthy diets who took daily 500 mg cocoa flavanol extract supplement experienced cognitive benefits, while those who already had healthy dietary patterns did not have the same benefits. 

Cocoa-Licious

Cocoa is a rich source of nutrients and antioxidants such as flavonoids, catechins, and procyanidins that carry a range of health benefits for our cardiovascular health, brain function, and skin health when consumed in moderation. Cocoa is also a good source of iron, zinc, magnesium, and copper, as well as theobromine stimulants that help to promote a sense of relaxation, improve moods, and boost cognitive functions like attention, working memory, executive function, and processing speed.

Research suggests that for the most benefits, unsweetened cocoa powder or dark chocolate with a high cocoa content make some of the best choices. It is also worth noting that increasing your intake could increase your intake of sugar and lead to some unwanted side effects, thus controlled portion sizes are highly suggested. Additionally, anything that is good for you, when eaten in excess can be bad for you, cocoa is no exception, meaning that consuming it in moderation is key. 

COSMOS

In the Cocoa Supplement and Multivitamin Outcomes Study (COSMOS), the researchers from Mass General Brigham detailed neuropsychological assessments from over 2 years, showing that daily cocoa extract supplementation had no overall benefits for global or domain-specific cognitive function. However, it became more interesting during the researcher’s secondary analysis which revealed that participants with a poor-quality diet experienced benefits from taking the daily cocoa extract supplement. 

COSMOS is a long-term, investigator-initiated large-scale clinical trial led by Brigham and Women’s Hospital with over 21,000 participants across America who were enrolled in the double-blinded, placebo-controlled study investigating whether taking daily supplements of coca extract or common multivitamins reduced the risk of developing cancer, stroke, heart disease, as well as other important health outcomes. 

Findings from this study, conducted among COSMOS participants who underwent in-person detailed cognitive testing, are consistent with results from a previous study involving web-based cognitive assessment of a separately enrolled set of COSMOS participants. 

Additional research and analysis of the data from COSMOS continue to provide insights into the connections between human health and dietary supplements. 

Funding

COSMOS is supported by grants from the NIH, as well as an investigator-initiated grant from Mars Edge which included infrastructure support and the donation of study pills and packaging. Additionally, Pfizer Consumer Healthcare (now Haleon) provided support through the partial provision of study pills and packaging.

However, neither Mars Edge nor Pfizer Consumer Healthcare provided input regarding data analyses, interpretation of results, or manuscript development, according to the researchers.

The Women’s Health Initiative (WHI) program is funded by the National Heart, Lung, and Blood Institute, National Institutes of Health, U.S. Department of Health and Human Services through contracts. 


As with anything you read on the internet, this article should not be construed as medical advice; please talk to your doctor or primary care provider before changing your wellness routine. WHN does not agree or disagree with any of the materials posted. This article is not intended to provide a medical diagnosis, recommendation, treatment, or endorsement. Additionally, it is not intended to malign any religion, ethnic group, club, organization, company, individual, or anyone or anything. These statements have not been evaluated by the Food and Drug Administration. 

Content may be edited for style and length.

References/Sources/Materials provided by:

https://www.massgeneralbrigham.org/en/about/newsroom/press-releases/cocoa-extract-supplement-benefits-cognition-in-older-adults-with-lower-diet-quality

https://www.massgeneralbrigham.org/en

http://dx.doi.org/10.1016/j.ajcnut.2023.10.031

https://pubmed.ncbi.nlm.nih.gov/24100674

https://worldhealth.net/news/cocoa-flavanol-supplement-may-reduce-risk-cardiovascular-disease/

https://www.pnas.org/doi/10.1073/pnas.2216932120



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