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19 12, 2024

$782 Million Liquidation Tsunami Punishes XRP Bulls: Bottom Hit?

By |2024-12-19T17:36:58+02:00December 19, 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.

Over the past 24 hours, the cryptocurrency market was hit by a tsunami of liquidations, which took away almost $800 million in traders’ positions. Diving deeper into the data from CoinGlass, it is apparent that most of them, namely, almost 84% of them, came from long positions. In addition, one of the highlights of the past large-scale destruction of traders is the situation with trading on derivatives on XRP, the third largest cryptocurrency right now.

Over the past 24 hours, $30.75 million worth of long positions and $10.94 million worth of short positions were liquidated in the trading of perpetual futures on XRP. At the same time, a surge in liquidations by bearish-minded traders occurred only in the last hour, and before that, the imbalance in liquidations reached more than 1,000%. 

Related

Ripple CTO Explains Why XRP Still Matters

As a result, right now, XRP is at the top of the market in terms of liquidations, which on the one hand demonstrates increased interest in the cryptocurrency as a trading instrument, and on the other hand displays its price trends. 

Article image
XRP to USD by CoinMarketCap

For the period under review, the price of XRP collapsed by more than 16%, reaching a local bottom at $2.17. However, it further managed to regain part of the fall during today’s trading session, recovering by more than 11%. 

Related

XRP Price Chart 'Stays Hilarious,' Says Expert Trader — What Does It Mean?

Right now, the XRP price chart and the overall situation around it literally look like a popular meme and make you wonder: is it over? It remains an open question, but one thing is certain – the market will continue to dump traders ineptly managing risk.

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19 12, 2024

Facts About Self Breast Exams

By |2024-12-19T17:33:42+02:00December 19, 2024|Fitness News, News|0 Comments

“Breast self-exams are no longer recommended.”

When I saw that headline earlier this year, I thought it was a typo. As someone who found my own breast cancer lump that turned out to be stage 3 cancer, I was surprised to learn that many health organizations like the American Cancer Society and National Cancer Institute don’t recommend breast self-exams. And they haven’t for years.

So what happened?

The breast self-exam was created in the 1950s as a convenient and low-cost way for people to catch breast cancer early, when it’s most treatable. But in the 2000s, research found that doing formal breast self-exams (raising your arms, lying down, circular motions, etc.) may not reduce your risk of dying from breast cancer. One meta-analysis comparing women who did routine breast self-exams to those who did not do self-exams found that there was no difference in their breast cancer survival rates. But people who performed self-exams had more false positives and nearly twice as many breast biopsies with no cancer.

Read: What You Need to Know About a Breast Biopsy >>

Without data to show that breast self-exams can decrease the risk of dying from breast cancer — and the possibility of harm from unnecessary testing — breast self-exams are no longer recommended for people of average risk by most professional organizations and healthcare providers. (Average risk means you have no personal or family history or genetic mutation, like BRCA 1 or BRCA 2)

Larry Norton, M.D., a breast medical oncologist at Sloan Kettering Cancer Center, said the guideline shift away from formal breast self-exams doesn’t mean you should stop paying attention to your breasts. It’s called breast self-awareness.

What is breast self-awareness?

Breast self-awareness is being familiar with how your breasts look and feel so you can identify any changes. “The lack of awareness of what’s healthy in your body can inhibit you from identifying something that’s not quite right,” Norton said. “It’s very good to know there’s something different in your body, and it’s very good when you find something different — no matter what that is — to call attention to it.”

Unlike breast self-exams, there’s no timeline or technique to breast self-awareness — it’s basically using your eyes and hands to know what’s normal for you. Signs of breast cancer to look for can include:

  • Lumps
  • Pain
  • Dimples in the skin
  • Discharge or bleeding from the nipple
  • Redness or warmth
  • Swelling/changes in size

Norton said changes in appearance and nipple discharge are more obvious, but knowing how your breasts feel is important because you may be able to pick up on signs of breast cancer that your provider or imaging didn’t catch. “When you touch your breast, and you feel an unusual hard place or an unusual place that hurts but didn’t hurt before — those are the things that are a little bit more subtle,” Norton said.

Breast self-exam timing and risks

Although most healthcare providers recommend breast self-awareness over formal breast self-exams, some people may still want to stick with the standard technique and routine. If you do breast self-exams, it’s best to do them three to five days after your period ends, when your breasts are less sensitive or lumpy. If you’re postmenopausal, do the self-exam at the same time each month.

Read: How to Do a Breast Self-Exam >>

The risks associated with formal breast self-exams include false positives and unnecessary biopsies of tissue that’s non-cancerous. Researchers say the mental and financial stress of imaging and biopsies is also part of the reasoning against formal breast self-exams. However, it’s important to note that false-positive results are common, and the chances of getting a false-positive result increase as you age. Concern about false positives shouldn’t stop you from paying attention to your breast health and contacting your healthcare provider if you see or feel anything unusual to you.

Norton said being familiar with your breasts in order to notice changes is the takeaway for self-exams. But neither breast self-awareness nor self-exams are a replacement for mammograms when it comes to screening for breast cancer.

Read: A Mammogram Saved My Life >>

When to get a mammogram

Right now, mammograms are the gold standard for breast cancer screening. According to the latest guidelines from the U.S. Preventive Services Task Force (USPSTF), people who are at average risk should start getting mammograms at age 40 — not 50 as previously recommended. The change reflects the recent data showing that 1 out of 6 new breast cancers develop in people in their 40s, and it aligns with other organizations that offer screening guidelines.

The recommendations for how often to get screened vary from organization to organization, with some saying every year to others saying every one to two years. You should talk to your healthcare provider about what makes sense for your circumstances.

Regardless of guidelines, Norton said if you feel or see something suspicious, contact your healthcare provider right away. “I like to say your body is entrusted to you, and you should do the things that are necessary to honor that trust — and one of them is screening tests and another is just knowing your body. So when something is abnormal, you don’t ignore it.”

This educational resource was created with support from Daiichi Sankyo and Merck.

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19 12, 2024

XAG/USD finds cushion near $29, outlook remains uncertain

By |2024-12-19T17:01:04+02:00December 19, 2024|Forex News, News|0 Comments


  • Silver price finds an interim cushion near $29.25 but its outlook remains vulnerable.
  • Higher bond yields due to the Fed’s hawkish guidance have weighed on the Silver price.
  • The Fed sees only two interest rate cuts in 2025.

Silver price (XAG/USD) finds temporary support near $29.25 on Thursday after plunging almost 4% on Wednesday. The outlook of the white metal remains bearish as the Federal Reserve (Fed) has signaled fewer interest rate cuts for 2025 after cutting them by 25-basis points (bps) to 4.25%-4.50%.

The Fed’s hawkish remarks for the next year have resulted in a rally in the US Dollar (USD) and Treasury yields. The US Dollar Index (DXY), which tracks the greenback’s value against six major currencies, dropped to near 107.90 in Thursday’s European session after refreshing a two-year high of around 108.30.

10-year US Treasury yields advance above 4.50%. Higher yields on interest-bearing assets increase the opportunity cost of holding an investment in non-yielding assets, such as Silver.

The Fed’s dot plot showed that policymakers see the Federal Funds rate heading to 3.9% by 2025, suggesting two interest rate cuts next year. In the September meeting, officials had forecasted four interest rate cuts collectively.

The Fed guided a slower policy-easing cycle as the United States (US) inflationary pressures appear to have stalled in the past few months. Meanwhile, Fed Chair Jerome Powell acknowledged that strong growth in the second half of the year is a major reason to move cautiously on interest rates.

Silver technical analysis

Silver price slides to near the 200-day Exponential Moving Average (EMA), which trades around $29.40. The white metal weakened after breaking below the November low of $29.65. The asset has also tested the upward-sloping trendline around $29.50, which is plotted from the February 29 low of $22.30

The 14-day Relative Strength Index (RSI) dropped inside the bearish 20.00-40.00 range, indicating a downward trend ahead.

Looking down, the September low of $27.75 would as key support for the Silver price. On the upside, the 50-day EMA around $31.00 would be the barrier.

Silver daily chart

Silver FAQs

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

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

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

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

 



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19 12, 2024

USD/JPY Analysis Today 19/12: Five-Month High Gains (Chart)

By |2024-12-19T15:39:18+02:00December 19, 2024|Forex News, News|0 Comments

  • Following the reaction to yesterday’s US Federal Reserve announcement and today’s Bank of Japan announcement, bulls have found strong opportunities to push the USD/JPY currency pair towards the resistance level of 156.68 at the time of writing this analysis.
  • Near its highest in five months, pressures increased on the Japanese yen after the Bank of Japan kept interest rates steady as expected.

US Federal Reserve Cautiously Cuts Interest Rates

 The US Federal Reserve announced another 25-basis point cut in the US interest rate in December 2024, marking the third consecutive cut this year and reducing borrowing costs to a range of 4.25%-4.5%, in line with expectations. The so-called dot plot indicates that policymakers now expect only two interest rate cuts in 2025, totalling 50 basis points, compared to the full percentage point of cuts expected in the previous quarter.

The Federal Reserve also revised its GDP growth forecasts upward for 2024 (2.5% vs. 2% in September forecasts) and 2025 (2.1% vs. 2%), while remaining unchanged at 2% for 2026. Similarly, forecasts for personal consumption expenditure inflation were revised upward for 2024 (2.4% vs. 2.3%), 2025 (2.5% vs. 2.1%), and 2026 (2.1% vs. 2%). The same trend applies to core personal consumption expenditures, with forecasts raised for 2024 (2.8% vs. 2.6%), 2025 (2.5% vs. 2.2%), and 2026 (2.2% vs. 2%). On the other hand, the unemployment rate is expected to decline this year (4.2% vs. 4.4%) and in 2025 (4.3% vs. 4.4%) while the forecast for 2026 remained at 4.3%.

Bank of Japan Keeps Rates as Expected

In contrast to the US Federal Reserve’s decision and expectations of a hike, the Bank of Japan today kept interest rates at around 0.25%, and it was clear to the markets that the Bank of Japan was hesitant to raise interest rates in December due to the possibility of negative outcomes. As Prime Minister Shigeru Ishiba’s minority government is currently negotiating with an opposition party that has warned against raising interest rates too early to ensure support for the next annual budget.

The Governor of the Bank of Japan is looking for the right time to raise interest rates for the third time, as recent economic indicators have shown that Japanese inflation is moving in line with the Bank of Japan’s forecasts – a prerequisite for raising interest rates.

Trading Tips:

After the completion of the last central bank decisions for this year, the dollar and the Japanese yen are expected to move to stronger upward levels, and the peak of 160.00 is not ruled out soon.

USD/JPY Technical Analysis and Expectations Today:

As is clear from the performance on the daily chart above, the USD/JPY will remain bullish, and the chance of a stronger weekly bullish close is currently high. The recent gains are pushing the Relative Strength Index towards the overbought zone, but the MACD indicator still has room to move higher before reaching its peak. The strongest expectations now are for the dollar/yen to move towards the psychological resistance of 160.00, around which Japanese intervention in the forex markets is often discussed to stop the yen’s collapse.

Moreover, this time there is Trump who is fighting countries that intervene to weaken their currency. In general, the dollar/yen will remain on its upward trajectory until the reaction to the announcement of the US GDP growth reading and the number of weekly jobless claims. Finally, the recent performance confirms the strength of our signals to buy the dollar against the yen from every downward level.

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

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19 12, 2024

An Extensive Analysis Predicts Significant

By |2024-12-19T15:37:40+02:00December 19, 2024|Dietary Supplements News, News|0 Comments


Organic Tea Market

The latest study released on the Global Organic Tea Market by USD Analytics Market evaluates market size, trend, and forecast to 2032. The Organic Tea market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:

Tata Global Beverages, Unilever, The Republic of Tea, Pukka Herbs

Download Sample Report PDF 👉 https://www.usdanalytics.com/sample-request/12722

According to USD Analytics the Global Organic Tea Market is estimated to increase at a growth rate of 9.8% CAGR over the forecast period from 2024 to 2030.

Definition:

Organic tea is tea that is grown without the use of synthetic pesticides, herbicides, or chemical fertilizers. It is cultivated using environmentally sustainable practices and certified organic by relevant authorities. Organic tea comes in various types, such as green, black, white, or herbal, and is prized for its natural flavor and health benefits.

Market Drivers:

• Growth in demand for organic and healthy beverages, trend toward natural ingredients

Market Trends:

• Health awareness, demand for caffeine-free and herbal beverages, environmental concerns

Challenges:

• High production costs, competition from non-organic alternatives, maintaining quality standards

Major Highlights of the Organic Tea Market report released by USD Analytics

Type (White Tea, Green Tea, Oolong Tea, Black Tea), Application (Residential, Commercial, Others), Distribution Channel (Online, Offline).

Global Organic Tea market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Buy Complete Assessment of Organic Tea Market Now 👉 https://www.usdanalytics.com/payment/report-12722

Dominating Region:

• North America, Europe

Fastest-Growing Region:

• Asia Pacific, Latin America

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report

• -To carefully analyze and forecast the size of the Organic Tea market by value and volume.

• -To estimate the market shares of major segments of the Organic Tea market.

• -To showcase the development of the Organic Tea market in different parts of the world.

• -To analyze and study micro-markets in terms of their contributions to the Organic Tea market, their prospects, and individual growth trends.

• -To offer precise and useful details about factors affecting the growth of the Organic Tea market.

• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Organic Tea market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Get (10-30%) Discount on Immediate Purchase 👉 https://www.usdanalytics.com/discount-request/12722

Major highlights from Table of Contents:

Organic Tea Market Study Coverage:

• It includes major manufacturers, emerging player’s growth story, and major business segments of Organic Tea market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

• Organic Tea Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

• Organic Tea Market Production by Region Organic Tea Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Organic Tea Market Report:

• Organic Tea Overview, Definition and Classification Market drivers and barriers

• Organic Tea Market Competition by Manufacturers

• Organic Tea Capacity, Production, Revenue (Value) by Region (2024-2032)

• Organic Tea Supply (Production), Consumption, Export, Import by Region (2024-2032)

• Organic Tea Production, Revenue (Value), Price Trend by Type {Green, Black, Herbal, Oolong, White}

• Organic Tea Market Analysis by Application {Beverages, relaxation, wellness, detoxification}

• Organic Tea Manufacturers Profiles/Analysis Organic Tea Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Browse Complete Summary and Table of Content 👉 https://www.usdanalytics.com/industry-reports/organic-tea-market

Key questions answered

• How feasible is Organic Tea market for long-term investment?

• What are influencing factors driving the demand for Organic Tea near future?

• What is the impact analysis of various factors in the Global Organic Tea market growth?

• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.

Contact Us:

Harry (Business Consultant)

USD Analytics Market

Phone: +1 213-510-3499

sales@usdanalytics.com

About Author:

USD Analytics Market is a leading information and analytics provider for customers across industries worldwide. Our high-quality research publications are connected market. Intelligence databases and consulting services support end-to-end support our customer research needs.

This release was published on openPR.



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19 12, 2024

Solana Price Prediction: Will SOL Outpace Ethereum With a $700 Target?

By |2024-12-19T15:36:23+02:00December 19, 2024|Crypto News, News|0 Comments

Solana isn’t just competing with Ethereum – it’s gunning for the crown. 

Ethereum still wrestles with scalability and gas fees, but Solana already delivers what users and developers crave with its fast transaction speeds, low fees, and an expanding ecosystem of developers. 

But the real question is—can Solana continue this pace and achieve the $700 mark?

On the other hand, projects like PlutoChain ($PLUTO) could get major traction in the next few weeks as well. 

With potentially cutting-edge features and a chance to upgrade BTC’s network, $PLUTO might be worth keeping an eye on. 

Let’s check out what’s happening.

Can Solana Surpass Ethereum and Hit a $700 Milestone?

Solana (SOL) has momentum right now, recently outperforming Ethereum in several key metrics. According to CoinGecko, SOL’s current price is $217.97.

Solana Price Prediction: Will SOL Outpace Ethereum With a 0 Target?

Investors highlight the formation of a golden cross pattern – a bullish indicator where the 50-day moving average crosses above the 200-day moving average. 

Additionally, the coin has broken out of its descending trendline, with a resistance level set around $274 and a mid-term target of $354. 

The RSI (Relative Strength Index) suggests the asset is nearing overbought territory, so there could be a possible short-term correction before further upward momentum​.

The network recently surpassed Ethereum even in monthly decentralized exchange (DEX) trading volume, processing $52 billion versus Ethereum’s $42 billion. 

Veteran traders like Peter Brandt foresee a near-term target of $274, with AI-driven projections estimating SOL could rise to $354–$400 under a bullish market scenario. Reaching $700, however, would likely require a prolonged crypto rally, increased adoption, and further technological advancements.

While Solana is making strides, it remains to be seen whether it can fully rival Ethereum regarding ecosystem size and utility. Its path to $700 hinges on market sentiment, technological reliability, and sustained institutional interest.

Could PlutoChain Be the Game-Changing Upgrade for Bitcoin’s Network?

PlutoChain ($PLUTO) might enhance the Bitcoin blockchain with a Layer-2 solution that could enable support for smart contracts and decentralized applications. 

Historically, Bitcoin’s 10-minute block time has made it impractical to host complex applications, leaving networks like Ethereum, Solana, and Cardano to dominate this space with their faster speeds and greater flexibility.

What could set PlutoChain apart is its ability to reduce block times to just 2 seconds on its own Layer-2 network. 

This dramatic improvement could open the door for developers to create dApps that benefit from Bitcoin’s security while enjoying the efficiency and responsiveness of a modern blockchain environment.

Top PlutoChain Features and Functions You Should Know About

PlutoChain introduces a range of robust tools and features that could redefine Bitcoin’s functionality. 

Its testnet has already handled over 43,000 transactions daily, hinting at its potential scalability and readiness for real-world applications.

There’s also active community governance, which could ensure users have a say in protocol updates and the network’s overall direction. 

To bolster trust, PlutoChain has successfully undergone 3 independent audits by firms like SolidProof, QuillAudits, and Assure DeFi. 

Additionally, its compatibility with the Ethereum Virtual Machine (EVM) could bridge the gap between Ethereum’s versatility and Bitcoin’s security. 

This could open doors for DeFi, NFTs, and AI applications which may expand into the Bitcoin ecosystem seamlessly. 

To Conclude

Bitcoin has always been recognized as a secure store of value, but it hasn’t been a go-to platform for building decentralized applications. 

PlutoChain may just change that by enabling smart contract functionality directly on Bitcoin’s blockchain.

This could unlock new possibilities for developers to create decentralized finance (DeFi) protocols, NFT marketplaces, and other dApps, all while leveraging Bitcoin’s security. 

———————

Disclaimer: It’s important to note that participating in presales carries risks, including market volatility and potential project delays. Please conduct thorough research, understand the risks of market volatility, and seek professional advice before engaging with any blockchain project. Future-oriented statements are speculative and may not be modified.



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19 12, 2024

3 Reasons Why Solana DApp Revenue Climbs to $365M in November 2024

By |2024-12-19T15:28:28+02:00December 19, 2024|News, NFT News|0 Comments


Solana’s decentralized applications (DApps) revenue hits a new milestone, contributed by the surge in meme coin-related activity and other factors. During November 2024, the network clocked a staggering $365 million in revenue, as per the latest report.

Meme coin launchpad Pump.fun alone contributed $100 million in revenue. The Solana network has continued to smash new records amid high demand within the blockchain industry, while SOL price flirts around the crucial support of $210.

3 Reasons Contributing to Solana DApp Revenue

The latest Syndica research report revealed that Solana Dapps’ revenue in November last month surged to $365 million, hitting fresh record highs. Solana’s decentralized finance (DeFi) ecosystem dominated revenue generation last month, accounting for nearly 84% of the total funds raised. In contrast, wallets and infrastructure collectively drew less than 15% of the month’s revenue.

Solana-Based Meme Coins Driving DeFi Activity

Several meme coins and meme-supportive protocols are driving the DeFi activity on the Solana blockchain thereby contributing to the surge in SOL revenue. In 2024, revenue from meme coin Solana DApps surged a massive 305x while raking in more than $509 million.

3 Reasons Why Solana DApp Revenue Climbs to 5M in November 2024
Source: Syndica

As reported, the most popular meme coin launchpad platform Pump.fun topped Solana protocol revenue last month with $106 million. Last month in November, Pump.fun faced major hate over allegations of supporting acts of violence. However, the platform was quick to address this issue.

The meme coin launchpad has indefinitely suspended its live streaming feature, vowing to develop a more effective moderation system moving forward.

Telegram Bots Boost Their Presence in SOL Ecosystem

As per the Syndica report, Telegram bots are also establishing a strong presence in the Solana ecosystem. After the meme coin Solana DApps, they contribute the second-largest revenue for the ecosystem, with over $300 million in earnings this year.

Meme traders frequently use bots like Trojan, Banana Gun, and BONKbot to invest in the latest trendy launches directly through Pavel Durov’s private messaging platform. The report notes:

“Telegram bots are here to stay, growing alongside DEX volume. Last month, the category generated $82M in revenue, doubling its previous peak of $41M. Telegram bot DEX volume share has stabilized at 4–5% in recent month”.

Other Protocols Contributing to Revenue Surge

Researchers at Syndica also noted the surge in protocols generating monthly revenues ranging from $10,000 to $10 million. The report also shows that Solana’s Decentralized Physical Infrastructure Network (DePIN) as a key emerging sector in revenue generation. Another report from Messari also predicts explosive growth for Solana in 2025.

DePIN involves utilizing blockchain resources to support and maintain real-world services, such as servers, a concept gaining traction among crypto enthusiasts. It noted:

“Protocols such as Render, Nosana, Helium, and Hivemapper have recently seen strong demand for their services, driving notable revenue growth. Render’s decentralized compute network is currently the largest revenue driver in the DePIN sector”.

SOL Price Action Ahead

Amid the rising Solana DApp revenue, SOL price hit a high of $263 last month. Ar present, it has been moving sideways and currently consolidating around $210. A crypto analyst noted that it is important for the Solana price to hold above the $200 psychological level. The analyst suggests caution and advises waiting to see if this support level will hold.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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19 12, 2024

WTI Crude Oil Forecast Today

By |2024-12-19T15:00:11+02:00December 19, 2024|Forex News, News|0 Comments


  • The crude oil markets in the United States, the West Texas Intermediate Crude Oil market, initially rally during the trading session to break well above the 50 Day EMA but ended up pulling back quite significantly during the session to form a less than attractive candlestick.
  • That being said, I don’t know if much has changed in my assessment of this market, because we have to keep in mind there was an FOMC meeting that of course would cause a lot of noise.

Technical Analysis

It’s worth noting that the technical analysis for this pair is somewhat sideways, and of course neutral. This makes a lot of sense, because we are trying to sort out whether or not inflation is going to increase, which obviously is a major component to the oil market. Beyond that, we also have to keep in mind that there are a lot of geopolitical concerns in the Middle East that could keep the market somewhat lightly, so with all that being said I think you’ve got a situation where you could get some geopolitical interference in this market, but right now I think what we’ve got is what could be thought of as a “bottoming process” going on.

The $65 level continues to be a major support level, while the $72.50 level above continues to be a major resistance barrier. In general, this is a market that I think continues to see a lot of questions asked of the market, but we also should keep in mind that the liquidity is probably going to shrink over the next week or so, as we head into the holidays. With this, I’m not expecting much, and I think we are simply going to be stuck with the range that we have been in in the short-term, but sometime in January I would anticipate that the market would probably start rallying to the upside as inflation doesn’t seem to be going anywhere.

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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19 12, 2024

EUR/USD Forecast Today 19/12: Weakened Before FOMC (Video)

By |2024-12-19T13:38:24+02:00December 19, 2024|Forex News, News|0 Comments

  • The euro initially rallied during the trading session on Wednesday but has turned around to show signs of negativity.
  • But ultimately this is a market that I think is just killing time ahead of the FOMC meeting that occurs about three hours after I record this video.
  • And as things stand right now, it looks like we continue to hang around the crucial 1.05 level.

European Union is a Mess

I do believe that the problems in Europe are multiple, and I think they are much stronger than any desire to own the Euro. However, there is the possibility that we get some type of rally from here. And I think that rally probably offers a nice shorting opportunity with some type of exhaustion. The 50 day EMA would be an area that I’d be watching, which is near the 1.0650 level.

Then again, I’d be watching at the 1.06 level for signs of weakness in the euro that I can start shorting. As things stand right now, unless the Federal Reserve does something really crazy in the meeting, I suspect that any US dollar weakness that you see will be an opportunity to buy more. This is especially true against the euro that has now seen no confidence votes in France and Germany. Those are your two biggest players in the region, and there is no chance that it doesn’t influence the currency.

So that doesn’t do much for confidence. If the market were to break down below the 1.04 level, then I think you’d got a shot at the 1.03 level and then eventually parity given enough time. I have no interest in buying the EUR/USD anytime soon. And therefore, rallies look suspicious to me, and I will trade as such as the greenback is rallying for a reason at this point in time.

Ready to trade our daily EUR/USD Forex analysis? We’ve made a list of the best forex demo accounts worth trading with. 

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19 12, 2024

Probiotic Supplements Market Focused Insights 2024-2029:

By |2024-12-19T13:36:54+02:00December 19, 2024|Dietary Supplements News, News|0 Comments


Dublin, Dec. 19, 2024 (GLOBE NEWSWIRE) — The “Probiotic Supplements Market – Focused Insights 2024-2029” report has been added to ResearchAndMarkets.com’s offering.

The global probiotic supplements market is expected to grow at a CAGR of 6.46% from 2023 to 2029.

The global probiotic supplements market report contains exclusive data on 41 vendors. The competitive scenario in the global probiotic supplements market is currently intensifying with global and domestic players offering a diverse range of products. The key players in the global probiotic supplements are Nestle, Procter & Gamble, BioGaia, Dr. Willmar Schwabe, Amway, Reckitt Benckiser Group, Church & Dwight, Danone, DSM-firmenich and Yakult Honsha.

RECENT VENDOR ACTIVITIES

  • On March 25, 2024, Garden of Life, a Nestle Health Science brand, launched new products in its sports nutrition portfolio. These offerings are Non-GMO Project Verified and USDA Organic Certified, featuring ingredients that promote benefits such as skin health, digestive health, and weight management. Notably, the new products also include probiotics to support various health goals.
  • On July 14, 2022, Viome Life Sciences, a biology company, announced the launch of its groundbreaking Full Body Intelligence Test, the most advanced holistic health and microbiome test available. This at-home test utilizes gene expression analysis to assess three critical health areas: the gut microbiome, oral microbiome, and cellular health.
  • In April 2024, dsm-firmenich, leaders in nutrition, health, and beauty, partnered with Lallemand Health Solutions, experts in probiotics, to introduce innovative synbiotic solutions for early-life nutrition. These products are designed to foster a gut microbiome similar to that of breast-fed infants, promoting immune system development and optimal growth trajectories.

KEY TAKEAWAYS

  • By Form: The capsules & softgels segment holds the largest market share of over 38%. The segment shows incredible growth as they are easy to swallow with water, providing a convenient option for daily use.
  • By Gender: The female segment shows the highest growth, with a CAGR of 6.99%, due to growing interest in probiotic supplements due to various physiological, lifestyle, and health factors.
  • By Age: The adult segment occupies a major market share as they are vulnerable to digestive issues and weakened immune systems, leading to increased adoption of these supplements.
  • By Application: The non-digestive health segment shows the highest growth due to the impact of probiotics on immune function, mental health, skin health, metabolic health, and even cardiovascular health.
  • By Distribution Channel: The pharmacies & drug stores segment holds the largest market share as they are widely available, providing consumers with easy access to probiotic supplements.
  • By Geography: North America dominates the global probiotic supplements market, driven by increasing consumer awareness of gut health and a rising focus on preventive healthcare.
  • Growth Factor: The global probiotic supplements market is set to grow due to increasing preference for natural & organic supplements and the rising popularity of gummy-based supplements.

MARKET TRENDS & DRIVERS

Increased Focus on Digestive & Gut Health

The increased focus on digestive and gut health is a key trend driving the growth of the probiotic supplements market. Consumers are becoming more aware of the critical role gut health plays in overall wellness, influencing not only digestion but also immunity, mental health, and skin health. This heightened awareness has spurred a growing demand for probiotic supplements, known for their ability to support and restore a healthy gut microbiota. The rise in gastrointestinal conditions like irritable bowel syndrome (IBS), constipation, diarrhea, acid reflux, and food intolerances exacerbated by poor diets, stress, and sedentary lifestyles has further fueled the need for probiotic solutions.

Additionally, the recognition that nearly 70% of the immune system resides in the gut has underscored the importance of a healthy microbiome in strengthening immune responses. Probiotics help in enhancing immune function, leading to a surge in the use of probiotic supplements as part of preventive health strategies aimed at reducing the risk of infections and illnesses. Brands in the probiotic space are leveraging this growing awareness of the gut microbiome by highlighting the scientific benefits of specific probiotic strains, such as Lactobacillus and Bifidobacterium. This focus on digestive wellness continues to expand the market as more consumers integrate probiotics into their daily health regimens.

Personalization & Customization

The trend of personalization and customization in the probiotic supplements market has gained significant momentum as consumers increasingly seek tailored health solutions rather than a one-size-fits-all approach. Consumers are becoming more educated about their health, microbiomes, and the potential benefits of probiotics. This has led to demand for personalized supplements that address specific concerns such as bloating, diarrhea, skin health, or mental wellness. Scientific advances in microbiome research have revealed that different probiotic strains target different health concerns, such as specific digestive disorders, immune responses, or even mental health conditions.

The gut-brain-skin axis is increasingly understood, showing how probiotics influence overall wellness. Personalized products target specific outcomes, and this attracts consumers to personalization of their supplements. Some companies offer at-home microbiome testing kits. The results show the composition of the user’s gut bacteria, which is then used to recommend or formulate personalized probiotic supplements.

Viome Life Sciences has introduced the Full Body Intelligence Test, an at-home health assessment that analyzes gene expression in the gut microbiome, oral microbiome, and cells. Many companies now offer subscription services where customers receive personalized probiotic supplements regularly, with the ability to adjust formulations based on changing health needs or feedback over time, boosting the market for probiotic supplements.

Increasing Preference of Natural & Organic Supplements

The increasing preference for natural and organic supplements is a significant factor driving growth in the probiotic supplements market. Consumers are becoming more health-conscious and are seeking out products that align with their values around natural ingredients, sustainability, and clean-label formulations. Consumers are more informed than ever before about the potential health risks associated with synthetic additives, preservatives, and genetically modified organisms (GMOs) in food and supplements. This has led to a growing demand for clean-label products those that contain natural, minimally processed ingredients with no artificial additives or fillers.

The rise of plant-based diets and the growing number of consumers adopting vegan or vegetarian lifestyles have contributed significantly to the demand for natural and plant-based probiotics. Consumers are looking for probiotic supplements that are not only free from animal-derived ingredients but also made with natural, plant-based sources. With the increasing prevalence of food allergies and intolerances, more consumers are looking for supplements that are free from common allergens such as gluten, soy, dairy, and artificial additives. Natural and organic probiotic supplements typically avoid such allergens, making them safer and more appealing to consumers. Garden of Life is a leading brand in organic supplements, offering USDA Organic and Non-GMO Project Verified probiotics.

INDUSTRY RESTRAINTS

Competition From Functional Foods and Beverages

Competition from functional foods and beverages is a significant challenge for the growth of the probiotic supplements market. This competition arises because functional foods and beverages that are fortified with probiotics and other health-enhancing ingredients offer consumers a more convenient and often appealing alternative to traditional probiotic supplements. One of the major reasons for the shift in consumer preference from probiotic supplements to functional foods and beverages is convenience. Many consumers prefer to consume probiotics through everyday food and drink rather than taking supplements, which are typically in the form of capsules, tablets, or powders.

Foods such as yogurt, kefir, and fermented beverages like kombucha are already a part of regular diets, making it easier to incorporate probiotics without extra effort. Functional foods and beverages are perceived as more natural and enjoyable to consume compared to supplements. Many consumers associate foods like yogurt, pickles, and sourdough bread with tradition, health, and taste, while supplements may be seen as artificial or medicinal.

This perceived naturalness gives functional foods and beverages a marketing advantage over supplements, as they offer probiotics in a form that seems less processed or clinical. Thus, the competition from functional foods and beverages is a major challenge for the probiotic supplements market because these products align better with consumer preferences for convenience, multi-functionality, affordability, and enjoyment.

VENDOR LANDSCAPE

Key Vendors

  • Nestle
  • Procter & Gamble
  • BioGaia
  • Dr. Willmar Schwabe
  • Amway
  • Reckitt Benckiser Group
  • Church & Dwight
  • Danone
  • dsm-firmenich
  • Yakult Honsha

Other Prominent Vendors

  • GNC Holdings
  • NATURELO
  • NOW Foods
  • Haleon
  • Shaklee Corporation
  • Vytalogy Wellness
  • Life Extension
  • Hi-Health
  • Walgreen
  • Kirkland Signature
  • Standard Process
  • Otsuka Pharmaceutical
  • Probi
  • Nordic Naturals
  • Wellbeing Nutrition
  • Herbalife
  • Country Life Vitamins
  • Bayer
  • Nature’s Sunshine
  • Spring Valley
  • Hi-Tech Pharmaceuticals
  • Isagenix
  • Arazo Nutrition
  • mindbodygreen
  • Nature’s Craft
  • H&H Group
  • Bluebonnet Nutrition
  • Irwin Naturals
  • Unilever
  • Wild Nutrition
  • Solara Labs

KEY QUESTIONS ANSWERED

  • What is the global probiotic supplements market size?
  • What is the growth rate of the global probiotic supplements market?
  • What are the factors driving the global probiotic supplements market growth?
  • Who are the major players in the global probiotic supplements market?
  • Which region dominates in the global probiotic supplements market share?

Key Attributes:

Report Attribute Details
No. of Pages 140
Forecast Period 2023 – 2029
Estimated Market Value (USD) in 2023 $12.02 Billion
Forecasted Market Value (USD) by 2029 $17.5 Billion
Compound Annual Growth Rate 6.4%
Regions Covered Global

Key Topics Covered:

Chapter 1: Global Probiotic Supplements Market Overview

Chapter 2: Global Probiotic Supplements Market Market

  • Global: Projected Revenue of Global Probiotic Supplements Market (2020-2029; $ Billions)

Chapter 3: Global Probiotic Supplements Market Prospects & Opportunities

  • Market Opportunities & Trends
  • Market Drivers
  • Market Constraints

Chapter 4: Global Probiotic Supplements Market Segmentation Data

Global: Projected Revenue by Form (2020-2029; $ Billions)

  • Capsule & Softgels
  • Tablets
  • Powder
  • Liquid
  • Other Forms

Global: Projected Revenue by Gender (2020-2029; $ Billions)

Global: Projected Revenue by Age (2020-2029; $ Billions)

Global: Projected Revenue by Application (2020-2029; $ Billions)

  • Digestive & Gut Health
  • Non-Digestive Health

Global: Projected Revenue by Distribution Channel (2020-2029; $ Billions)

  • Pharmacies & Drug Stores
  • Online
  • Supermarkets & Hypermarkets
  • Specialty Stores
  • Other Distribution Channels

Chapter 5: Key Regions Overview

  • North America: Projected Revenue of Global Probiotic Supplements Market (2020-2029; $ Billions)
  • APAC: Projected Revenue of Global Probiotic Supplements Market (2020-2029; $ Billions)
  • Europe: Projected Revenue of Global Probiotic Supplements Market (2020-2029; $ Billions)
  • Latin America: Projected Revenue of Global Probiotic Supplements Market (2020-2029; $ Billions)
  • Middle East & Africa: Projected Revenue of Global Probiotic Supplements Market (2020-2029; $ Billions)

Chapter 6: Global Probiotic Supplements Market Industry Overview

  • Competitive Landscape
  • Key Vendor Profiles
  • Other Prominent Vendors
  • Key Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/xmogmr

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ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.



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