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31 12, 2024

Astaxanthin Industry Is Expected To Gain An Absolute

By |2024-12-31T08:29:09+02:00December 31, 2024|Dietary Supplements News, News|0 Comments


Astaxanthin, a powerful antioxidant derived from microalgae, yeast, and other natural sources, is widely used in dietary supplements, cosmetics, pharmaceuticals, and aquaculture. Its health benefits, such as reducing oxidative stress, improving skin health, and supporting cardiovascular health, have contributed to its growing popularity. The global astaxanthin market is experiencing significant growth due to increasing consumer awareness of wellness products and the rising demand for natural antioxidants.

Market Size and Growth

The global astaxanthin market is poised to grow at a compound annual growth rate (CAGR) of approximately 10.2% from 2022 to 2032, reaching an estimated value of US$ 2001.5 Mn by the end of the forecast period. This growth is driven by the escalating demand for natural health supplements, increased application in aquaculture, and the cosmetics industry’s emphasis on anti-aging products.

𝐆𝐞𝐭 𝐚 𝐆𝐥𝐢𝐦𝐩𝐬𝐞 𝐈𝐧𝐬𝐢𝐝𝐞: 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐤𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐨𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐬𝐚𝐦𝐩𝐥𝐞 – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16172

Market Segmentation

By Source Type:

Natural Astaxanthin (derived from microalgae, yeast, and krill)

Synthetic Astaxanthin

By Application:

Dietary Supplements

Pharmaceuticals

Cosmetics

Aquaculture and Animal Feed

By Industry Vertical:

Healthcare

Food and Beverage

Cosmetics and Personal Care

Aquaculture

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

𝐆𝐞𝐭 𝐀 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.transparencymarketresearch.com/astaxanthin-market.html

Regional Analysis

North America: Leading the market due to high consumer awareness and the prevalence of health-conscious lifestyles.

Europe: Strong demand from the cosmetics and aquaculture industries.

Asia-Pacific: Rapid growth driven by increasing consumption of dietary supplements in emerging economies like India and China.

Latin America and Middle East & Africa: Gradual adoption driven by growing aquaculture activities.

Market Drivers and Challenges

Drivers:

Growing demand for natural and organic products in health supplements and cosmetics.

Increasing adoption of astaxanthin in aquaculture to enhance fish pigmentation and health.

Rising consumer preference for anti-aging and skin health products.

Challenges:

High production costs associated with natural astaxanthin.

Regulatory hurdles in certain regions regarding the approval of astaxanthin in food and supplements.

Market Trends

Increasing investment in R&D for efficient and sustainable production methods of natural astaxanthin.

Emergence of algae-based production as a sustainable and scalable method.

Growing use of astaxanthin in the development of functional foods and beverages.

Competitive Landscape

Key players in the astaxanthin market include BASF SE,

Cyanotech Corporation, Koninklijke DSM N.V., and Algatechnologies Ltd. These companies focus on strategic collaborations, product innovation, and capacity expansion to strengthen their market presence.

Future Outlook

The astaxanthin market is set to witness robust growth driven by advancements in microalgae cultivation technology, increased consumer inclination towards wellness, and expanding applications across diverse industries. Market players are likely to focus on sustainable practices and strategic alliances to capture the evolving consumer base.

Key Market Study Points

Analysis of natural versus synthetic astaxanthin trends.

Impact of regulatory frameworks on market dynamics.

Role of innovation in production technologies to reduce costs.

More Trending Reports by Transparency Market Research

Walnut Market- https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031-transparency-market-research-inc-302032434.html

Functional Flour Market – https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031-at-7-6-cagr-report-by-transparency-market-research-inc-302024373.html

About Us:

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports

Contact Us:

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Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

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This release was published on openPR.



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31 12, 2024

Everything you need to know it here!

By |2024-12-31T08:24:11+02:00December 31, 2024|Crypto News, News|0 Comments

With a current market capitalization of USD 1,827.82B, Bitcoin’s live price is $ 92,297.90 per (BTC / USD). Based on your Bitcoin Price Prediction from 2025 To 2030, BTC value by 2030 might climb by +5% and reach $123,688.02.

Bitcoin Price Prediction 2025 To 2030

Bitcoin is expected to trade in 2025 from $99,679 to $177,484. BTC is estimated to change hands on average at $151,346 over the year. When BTC is expected to trade 91.55% above the current, August might be the most optimistic month for the currency.

Generally, the 2026 Bitcoin price forecast is positive. Forecasts show Bitcoin rising to a high point of $156,697 in January and falling to $93,940 in December. In 2026, BTC is anticipated to trade at an average price of $116,474.

Bitcoin is expected to rise over the next several years; values might reach $305,028 by 2029. From the value today, this shows a 229.35% increase. With possible highs of $305,028 and lows of $76,257 during the timeframe, the long-term projection points to a positive trend.

Bitcoin Price Potential Highs & Lows

For years to come, Bitcoin will probably stay one of the most popular trending cryptocurrencies on the market as it offers a strong stage for continuous price rise. Given this, the table below offers a summary of our Crypto news forecasts and price projections for the next few years so that investors may choose which levels would be useful either as support or resistance.

Year Average Price Potential Low Potential High
2025 $160,217.44 $126,887.54 $193,547.35
2026 $262,487.63 $167,365.83 $378,923.02
2027 $410,793.10 $214,568.83 $700,409.90
2028 $613,139.28 $267,209.95 $1,219,252.39
2029 $871,323.33 $323,034.27 $1,993,376.70
2030 $1,176,788.12 $378,850.21 $3,051,796.11

If the biggest cryptocurrency by market capitalization undergoes a significant positive turnaround, the BTC price may reach its all-time high and end the year above $110,000. On the other hand, a negative setback might drag the stock towards its lowest, $81,000. Given the current state of the market, Bitcoin’s average price may find equilibrium at around $95,500.

BTC Price Analysis For Years 2025 to 2030

With its mind-boggling worldwide hold-over, Bitcoin has made history. Once Bitcoin began ascending the ladder, the financial system transformed. Though it would need a technical eye to grasp, the currency is likely to exhibit a jump in the next few days. Any trader should first learn the charts and then make wise investments with their acquired income.

BTC Price Prediction 2025

  • The creation of a U.S. government strategic Bitcoin reserve will essentially determine whether or not Bitcoin reaches the sought-after $1 million mark. Head of Alpha Strategies at Bitwise Asset Management Jeff Park provides this evaluation; he projects less than a 10% likelihood of such an attempt for 2025.

Bitcoin Crypto Price Forecast 2026

  • Prices for Bitcoin are expected to range from $111,156 to $192,907. Furthermore, the average price is $152,031.

BTC Price Prediction 2027

  • Bitcoin prices in 2027 can fall between $138,697 and $239,558. Moreover, the average price is expected to be $189,127, indicating a somewhat steady bullish period for Bitcoin.

Bitcoin Predictions 2028

  • The price of Bitcoin will once again show a positive boost in 2028 with the second halving. Based especially on our Bitcoin Price Prediction, the likely BTC price range in 2028 is $174,662 to $347,682. Additionally predicted to be the average price is $261,222, showing ongoing good progress.

BTC Price 2029

  • The BTC price in 2029 may then fall between $ 201,355 and $459,368. Projecting an average price of $330,361, the value of Bitcoin is rising.

Bitcoin Price Prediction 2030

  • At last, in 2030, Bitcoin values are expected to keep their upward trajectory. The BTC price is predicted to hit a new all-time high between $238,152 to $610,646. Overall, the anticipated average cost is $424,399.

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31 12, 2024

Blockchain Association Sues IRS Over New DeFi Regulations

By |2024-12-31T08:11:24+02:00December 31, 2024|News, NFT News|0 Comments


The Blockchain Association has filed a lawsuit against the IRS over new DeFi regulations, challenging the broker classification and KYC requirements.

The Blockchain Association has filed a lawsuit against the IRS over new regulations affecting decentralized finance (DeFi). The Texas Blockchain Council and the DeFi Education Fund joined in filing the lawsuit. In opposing the rules, Kristin Smith, CEO of the Blockchain Association is pushing to overturn them.

She expressed on her X account, “Today we’re taking action, filing a lawsuit that argues today’s broker rulemaking violates the Administrative Procedure Act and is unconstitutional. We stand with our nation’s innovators and will continue working to ensure the future of crypto—and DeFi—is here in the United States.”

Several DeFi protocols have now been reclassified by the new IRS rules as brokers. . For digital asset transactions, they will need to reveal Know Your Customer (KYC) information. Consequently, this will help people pay the proper taxes, the IRS says.

Crypto Advocates Hope Trump Administration Will Reverse IRS DeFi Rules

According to the IRS, up to 875 DeFi brokers could be affected by the new rule. The crypto community has expressed concern about this. Moreover, the KYC requirements are seen as a source of worry by many people with regard to privacy and security. The new regulations also may violate constitutional rights, legal experts argue.

Jake Chervinsky, chief legal officer at Variant, called the new rule the ‘dying gasp of the anti crypto army.’ Further, he urged that the rule should be reversed by the courts or the new administration. .

This lawsuit is one of many efforts designed to show that the new regulations are unconstitutional. The Blockchain Association hopes President-elect Donald Trump administration will address concerns regarding new DeFi regulations.

Lastly, the future of these new IRS rules is uncertain as the legal battle continues. However, the lawsuit adds to an ongoing tension between the growing DeFi industry and the government.

 



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31 12, 2024

XRP Price Prediction for December 31

By |2024-12-31T06:23:16+02:00December 31, 2024|Crypto News, News|0 Comments

Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, appears bearish and is poised for a price decline. Today, December 31, 2024, alongside XRP, the majority of assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), seem to be bleeding and raising concerns about when the price decline will pause.

XRP Technical Analysis and Key Levels 

According to expert technical analysis, XRP has recently broken out of a descending triangle price action pattern and has shifted market sentiment. Meanwhile, the daily chart shows that XRP has successfully retested the breakdown level, potentially confirming that its price decline could continue until support is found.

Source: Trading View

Based on recent price action, if the overall cryptocurrency market sentiment remains unchanged, XRP could drop another 10% to 12%, reaching the support level at the $1.83 mark.

Hundred Million Worth XRP Outflow

Despite this bearish outlook, traders’ and investors’ interest in the asset remains optimistic, as reported by the on-chain analytics firm Coinglass. Data from XRP’s spot inflow/outflow reveals that exchanges have witnessed an outflow of hundreds of millions of dollars worth of XRP tokens over the past few days.

XRP Price Prediction for December 31
Source: Coinglass

The outflow is an on-chain metric that reveals how much of the asset is being transferred from exchanges to unknown wallets, potentially indicating buying pressure and an ideal buying opportunity.

Combining this on-chain metric with technical analysis, it appears that XRP is bearish in the short term. However, investors seem to be accumulating, indicating that they view this price decline as an opportunity to buy the dip.

Current Price Momentum 

At press time, XRP is trading near $2.03, having experienced a price decline of over 4.5% in the last 24 hours. During the same period, its trading volume surged by 90%, indicating heightened participation from traders and investors amid the price decline.

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31 12, 2024

WTI Crude Oil Forecast Today -30/12: WTI Oil Rallies (Chart)

By |2024-12-31T05:36:59+02:00December 31, 2024|Forex News, News|0 Comments


  • During my daily analysis of the commodity markets, the West Texas Intermediate Crude Oil market has taken front and center stage, due to the fact that it rallied quite significantly during the day that had almost no volume and all other markets.
  • This does make a certain amount of sense, because quite frankly I think the trade involving shorting oil is probably about to get blown up.
  • The $72.50 level above is an area all be watching early in January, because breaking above that gets the market rolling to the upside rather quickly in my estimation.

Global Demand

Global demand is a little bit of a mixed bag, but when it comes to the United States, it’s obvious that the US economy is stronger than many others, and I think a lot of people will look at the WTI Crude Oil market through that prism. With this being the case, you have a situation where the market is likely to continue to favor buying dips, and between now and the Non-Farm Payroll announcement in January, it’s possible that we market will drift back and forth, but I think it remains a buy on the dip situation. If the employment numbers in January come out strong, it’s very likely that we will continue to see demand for the crude oil market strengthen, as it would signify that the US economy is still very strong.

On the downside, the $65 level is a massive support level that you must pay close attention to, and I think you would be witnessing a significant breakdown if we were to fall below there now. I don’t think that’s going to happen, but it is something that you need to keep in the back of your mind just in case. Any move toward the $68 level I suspect will find plenty of buyers at this point, as it has been somewhat supportive over the last couple of weeks. Either way, I think crude oil is about to start rallying for a bigger move, but we probably need to get through the holidays first.

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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31 12, 2024

XAU/USD drifts lower to near $2,600 amid thin trading

By |2024-12-31T03:36:14+02:00December 31, 2024|Forex News, News|0 Comments


  • Gold price edges lower to $2,600 in Tuesday’s early Asian session.
  • The Fed’s cautious stance might drag the precious metal lower. 
  • Uncertainty and geopolitical tensions could boost Gold price, a traditional safe-haven asset.

The Gold price (XAU/USD) attracts some sellers to near $2,600 during the early Asian section on Tuesday. Traders await fresh catalysts, including the US interest rate outlook and potential tariffs under President-elect Donald Trump. The markets are likely to be quiet before year-end. 

The cautious stance of the US Federal Reserve (Fed) could weigh on the yellow metal as higher interest rates tend to reduce the appeal of holding the non-yielding asset. Fed Chair Jerome Powell hinted earlier this month that the US central bank might be cautious on further rate cuts after delivering a 25 basis points (bps) rate cut. The latest Summary of Economic Projections (SEP), or “dot plot”, indicated the Fed’s intention to reduce the number of interest rate cuts next year from four to just two quarter-percent reductions.

On the other hand, geopolitical tensions and Donald Trump’s potential return to the White House might intensify global trade tensions, fueling geopolitical crises and likely lifting the Gold price. “Geopolitical tensions have driven gold’s rise this year and will likely continue into 2025, especially with Trump’s return to office,” noted Kelvin Wong, OANDA’s senior market analyst for Asia Pacific.

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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31 12, 2024

Omega Fatty Acid Changes Tied to Lower Proliferation Rate in Early Prostate Cancer

By |2024-12-31T02:24:16+02:00December 31, 2024|Dietary Supplements News, News|0 Comments


A short-term randomized study of active surveillance for prostate cancer showed that fish oil supplementation was associated with a reduction in a biomarker of disease progression.

During a year of follow-up, prostate biopsies showed about a 15% decrease in the Ki-67 index in patients who received fish oil capsules enriched for omega-3 fatty acids and low in omega-6. The index increased by 24% in men who did not receive the supplements. Secondary endpoints related to tumor characteristics did not change significantly between the randomized groups.

The findings support continued investigation of the fish oil intervention in phase III trials of prostate cancer, concluded William Aronson, MD, of the David Geffen School of Medicine at the University of California Los Angeles (UCLA), and colleagues in the Journal of Clinical Oncology.

“Patients in the trial were compliant with the intervention, which was well tolerated,” the authors stated. “Moreover, obtaining serial same-site prostate biopsy tissue is feasible for future biomarker intervention trials. On the basis of the underlying antiprostate cancer mechanisms of a high omega-3, low omega-6 diet with FO [fish oil] supplements, future trials are warranted evaluating this intervention in varying stages of prostate cancer.”

The trial met the primary endpoint (effect on Ki-67 index), but interpretation of the results should include recognition of certain limitations, according to the authors of an accompanying editorial. The magnitude of benefit was associated with wide confidence intervals (and a lower boundary of 2%), and the dietary intervention was not controlled.

“Instead, patients received monthly dietary counseling from a professional dietitian which resulted in a notable shift in habits, generally, in a positive direction,” noted Nazli Dizman, MD, and Andrea Necchi, MD, both of San Raffaele University in Milan. “This counseling resulted in a statistically significant reduction in participant’s total daily calorie intake and total fat and saturated fat consumption, with notable decreases in protein and carbohydrate intake.”

“Hence, the dietary changes prompted by the intervention in this study appear to have extended well beyond the intended shifts in the ratio of omega-6 and omega-3 fatty acid intervention, rendering it challenging to attribute the results of the study solely to the omega-6 and omega-3 fatty acid intervention,” they said.

The trial highlights the feasibility and complexity of dietary intervention trials, Dizman and Necchi continued.

“To better understand the mechanisms underlying the link between diet and outcomes and offer patients with prostate cancer evidence-based dietary guidance, continuous efforts through well-designed dietary intervention trials with robust translational correlatives will be essential,” they concluded.

Aronson’s group noted that patients with all stages of prostate cancer have demonstrated interest in dietary strategies and supplements that may help delay disease progression. To date, no specific clinical guidelines have provided recommendations.

Among previous studies of dietary interventions, the MEAL trial showed no effect of increased vegetable intake on prostate cancer progression during active surveillance. The CANARY study showed no impact of “healthy diet patterns” on upgrading of cancer during 7.8 years of follow-up.

Studies involving preclinical models have shown that lowering omega-6 and raising omega-3 fatty acids delayed prostate cancer progression, but epidemiologic studies have yielded mixed results, the authors noted. A cross-sectional study nested within a phase II study of men on active surveillance showed that higher omega-3 levels correlated with less clinical upgrading on prostate biopsies. A short-term pre-prostatectomy study showed that a low-fat diet supplemented with fish oil was associated with a decrease in the Ki-67 index cell-cycle progression score.

Following up the preclinical and clinical studies, Aronson and colleagues conducted the CAPFISH-3 trial, a 1-year prospective randomized study involving 100 men with grade group 1 or 2 prostate cancer on active surveillance at UCLA. Participants had a mean age of about 64; they were randomly assigned to no dietary intervention or to dietary counseling to reduce intake of dietary omega-6 and increase omega-3 intake, combined with daily fish oil supplements. The primary endpoint was change in Ki-67 index at 1 year based on prostate biopsies.

The results showed that the group assigned to the intervention had a reduction in biopsy-specific Ki-67 index from 1.34% at baseline to 1.14% at 1 year. During the same time the Ki-67 index increased in the control group, from 1.23% at baseline to 1.52% a year later. The results translated into a between-group difference of 31% (95% CI 2-52%, P=0.043).

Secondary endpoints did not differ between the groups, including upgrading or downgrading, maximal tumor length, or Decipher genomic classifier score. Testosterone and PSA levels also did not differ significantly between the groups. Serum triglycerides declined significantly in the intervention group versus the control group (P=0.016), but other lipid parameters did not differ between groups, nor did weight or BMI. With respect to cytokine activity, colony-stimulating factor-1 declined in the intervention versus control group (P=0.017).

Four patients in the intervention group withdrew because of adverse events related to fish oil, such as grade 2 flatulence, grade 2 diarrhea, and grade 1 loose stools.

  • Charles Bankhead is senior editor for oncology and also covers urology, dermatology, and ophthalmology. He joined MedPage Today in 2007. Follow

Disclosures

CAPFISH-3 was supported by National Cancer Institute/UCLA Jonsson Comprehensive Cancer Center.

Aronson disclosed relationships with Johnson & Johnson, Janssen, Bayer, Blue Earth Diagnostics, AstraZeneca, Pfizer/Astellas, and Lantheus Medical Imaging.

Co-authors reported relationships with Novo Nordisk, Avenda Health, and PGIM Jennison Health Sciences Fund. One co-author is a patent holder.

Dizman disclosed multiple relationships with industry including Medline Global and Vivreon Biosciences. Necchi disclosed multiple relationships with industry.

Primary Source

Journal of Clinical Oncology

Source Reference: Aronson WJ, et al “High omega-3, low omega-6 diet with fish oil for men with prostate cancer on active surveillance: The CAPFISH-3 randomized clinical trial” J Clin Oncol 2024; DOI: 10.1200/JCO-2024-00608.

Secondary Source

Journal of Clinical Oncology

Source Reference: Dizman N, Necchi A “Promises and challenges of dietary intervention in patients with prostate cancer: Lessons learned from the CAPFISH-3 trial” J Clin Oncol 2024; DOI: 10.1200/JCO-2024-02444.





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31 12, 2024

Natural Gas Price Forecast: Faces Resistance After New Trend High at 4.20

By |2024-12-31T01:35:05+02:00December 31, 2024|Forex News, News|0 Comments


Resistance Seen at Top of Channel

Given today’s bearish reaction around the top channel line, it seems like the market has recognized the price zone around the line. There was also the completion of a rising ABCD pattern extended by the 161.8% Fibonacci ratio at 4.06, and of course natural gas plowed right through that price area. Subsequently, the next higher price zone looks like it starts around 4.33. That’s where another ABCD pattern (red) reaches its initial target.

Another Test of Support Around 20-Day MA?

If natural gas continues to get rejected from resistance around the top channel line, this could lead to a correction. However, notice that it could keep rising and stay below the top channel line until almost reaching the 4.33 target. Nonetheless, targets only provide a guide and price action needs to be watched for new clues and changes in the outlook.

Today’s price action has begun to generate a potentially higher weekly high and higher low for this week. The weekly trend structure will remain in place unless there is a drop below last week’s low of 3.29.

Rally Risks Getting Tired

This means that a pullback from today’s high would not be unusual and that the near-term bull trend structure remains unless there is a drop below 3.29. Profit taking as seen in a pullback may also occur during a period of consolidation. Keep in mind that long-term bullish signals recently triggered and were confirmed by additional signal of strength. A bullish breakout of a large symmetrical triangle pattern triggered on November 20, and a long-term trend continuation signal occurred on a rally above the 3.16 swing high from June on the initial breakout day.

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



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31 12, 2024

GBP/USD Signal Today – 30/12: Limited Movement (Chart)

By |2024-12-31T00:24:25+02:00December 31, 2024|Forex News, News|0 Comments

My previous GBP/USD signal on 16th December produced a losing short trade from the rejection of the resistance level at $1.2667.

Today’s GBP/USD Signals

  • Risk 0.75%.
  • Trades must be entered prior to 5pm London time today.

Long Trade Ideas

  • Long entry following a bullish price action reversal on the 1H1 time frame H1H1H1 timeframe immediately upon the next touch of $1.2555or $1.2502. 
  • Place the stop loss 1 pip below the local swing low.
  • Move the stop loss to break even once the trade is 25 pips in profit.
  • Remove 50% of the position as profit when the price reaches 25 pips in profit and leave the remainder of the position to ride.

Short Trade Ideas

  • Short entry following a bearish price action reversal on the 1H1 time frame H1H1H1 timeframe immediately upon the next touch of $1.2589 or $1.2609.
  • Place the stop loss 1 pip above the local swing high.
  • Move the stop loss to break even once the trade is 25 pips in profit.
  • Remove 50% of the position as profit when the price reaches 25 pips in profit and leave the remainder of the position to ride.

The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.

GBP/USD Analysis

I wrote in my previous GBP/USD forecast two weeks ago that price was likely to range between nearby support and resistance levels. I was wrong about that.

The technical picture now is more bearish in the sense that the price is lower, but the key takeaway about this currency pair is that both the British Pound and the US Dollar are showing relative strength, with the US Dollar taking the lead.

As both are strong currencies, and as markets are quiet on this year-end Monday without any obvious rally going on, we are likely to see very limited price movement today.

Limited movement means that if you must trade this currency pair, the best strategy to adopt today will likely be to scalp bounces off the nearest support and resistance levels.

The resistance level at $1.2589 looks likely to be strong, so that might be the best scalping opportunity that could set up today.

There is nothing of high importance due today concerning either the GBP or the USD.

Ready to trade our free Forex signals? Here is our Forex brokers list to review.

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31 12, 2024

Cardano (ADA) 2025 Breakout Scenario Predicted by Crypto Analyst: Details

By |2024-12-31T00:19:08+02:00December 31, 2024|Crypto News, News|0 Comments

Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

In the final hours of 2024, the crypto market remains abuzz with anticipation of what 2025 might hold for crypto assets. Crypto analyst Michaël van de Poppe recently shared his insights on ADA’s price action, predicting what might come next for the cryptocurrency.

According to Van de Poppe, Cardano might be poised for significant upward movement in the days ahead.

In a recent analysis, Van de Poppe predicts that Cardano might experience a “pretty heavy run upwards” followed by a substantial correction. He believes that the current market correction is nearing its end, setting the stage for a new bullish phase for ADA. “I think we’re getting towards the end of this correction, through which I’m expecting a new leg up for things like ADA,” Van de Poppe tweeted.

“Its very likely that this is the first wave upwards for ADA and that, later in 2025 or 2026, we will be seeing a new ATH,” van de Poppe wrote in a chart accompanying his tweet.

If van de Poppe’s prediction holds, Cardano could see a significant price increase in the coming months. However, he also warns of a subsequent 40% correction following the initial surge.

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4.3 Billion ADA Sell Wall on Cardano's Path to $1: Details

At the time of writing, ADA was down 5.69% in the last 24 hours to $0.854 and down 2.9% weekly.

If declines persist, the bulls are likely to defend the $0.80 level with strength. If the ADA price rebounds and breaks above $0.96, it may indicate that the correction has ended. A rise above $1 might trap the aggressive bears, paving the way for an increase to $1.20.

2025 crypto market predictions

As 2024 draws to a close, several predictions have been made for the crypto industry. According to Galaxy Research, Bitcoin will again be among the top performers on a risk-adjusted basis among global assets in 2025. Bitcoin is also expected to cross $150,000 in H1 and reach or exceed $185,000 in Q4, 2025. Ethereum is expected to trade beyond $5,500 by 2025. A relaxation of regulatory headwinds for DeFi and staking might boost Ether to new all-time highs in 2025.

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Cardano Founder Drops Major Year-End Update for ADA Holders: Details

On-chain governance will make a comeback, with applications experimenting with “futarchic” governance models. The total supply of stablecoins will double by 2025, exceeding $400 billion.

DeFi will enter its “dividend era” as on-chain applications distribute at least $1 billion of nominal value to users and token holders from treasury funds and revenue sharing.



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