Matcha is one of the buzziest drinks of the moment. The hashtag #matcha has racked up over 50.9 million posts on TikTok over the past year, while Google sees 130k monthly searches for the term alone, and there are an ever-growing collection of cafes dedicated to the leafy-hued tipple. And for good reason: the tea powder is packed with health benefits, which are particularly useful during the winter. Here Evita Upeniece, an expert at Newby Teas, explains some of the cold-specific perks, plus shares a festive matcha recipe to try this December.
Why Should We Drink Matcha In The Winter?
Matcha is a type of powdered green tea created from the camellia sinensis plant, first cultivated in China. It can be whisked into hot water to make a frothy drink, which is blended with milk to create a matcha latte, or used as an ingredient in recipes for things like oat bars and salad dressings.
The beverage is lauded for its nutritional credentials, and it turns out drinking it during the colder months can be especially beneficial. ‘Unlike traditional teas, matcha involves consuming the entire leaf, allowing you to absorb a concentrated amount of antioxidants, vitamins, and minerals – boasting a range of impressive health benefits that will help us during the winter months,’Evita says.
These include:
Rich in antioxidants: ‘Matcha is full of powerful antioxidants which help combat free radicals and reduce stress. These antioxidants are especially important in winter to protect against cold-weather damage and support overall health during the season.’
Provides a winter mood boost: ‘Matcha’s combination of L-theanine and antioxidants offers a natural way to combat winter blues, promoting relaxation and mental wellbeing during the darker, colder months.’
Boosts immune function: ‘Winter is the season for colds and flu, but matcha’s rich antioxidant content strengthens your immune system, helping you fight off seasonal viruses and stay healthy.’
Helps skin health: ‘Matcha’s antioxidants help protect your skin from winter damage, reducing dryness, irritation, and redness caused by cold weather. They also leave your skin glowing and youthful despite the harsh seasonal conditions.’
Reduces inflammation: ‘Winter can aggravate skin issues and joint pain, but matcha’s anti-inflammatory properties can help soothe redness, acne, and skin irritation while supporting overall health during the colder months.’
Improves focus: ‘Matcha contains high levels of L-theanine, which promotes calm, sustained energy and mental clarity without the jitters. It’s a great way to stay focused and productive during shorter, darker winter days.’
Unsplash
Recipe: Cinnamon Matcha Latte
Add matcha powder: Place 1 teaspoon of matcha powder into your matcha bowl.
Pour water: Add 140ml of freshly brewed water at 70°C to the bowl.
Whisk: Whisk the matcha in a ‘W’ motion, moving from top to bottom and left to right, until a delicate layer of froth forms on top.
Prepare the cinnamon milk: Get 1 cup of milk (dairy or plant-based) and add in 1 teaspoon of cinnamon and ½ teaspoon of vanilla extract. Stir well.
Optional – add sweetener: Add 1 teaspoon of honey or maple syrup for a festive touch.
Optional – add ice: For an iced version, fill a tall glass with ice cubes.
Combine: Pour the cinnamon-infused milk over the ice (or directly into the glass for a hot version), then add the whisked matcha.
Garnish and serve: Sprinkle a light dusting of cinnamon on top and garnish with a cinnamon stick for a festive flair. Stir gently and enjoy!
The
cryptocurrency market is witnessing a significant correction in Cardano (ADA)
prices, with the token experiencing a sharp decline to $0.9, representing a 24%
decrease in the past 24 hours. This downturn comes after an impressive 216%
surge in November, raising questions about the sustainability of ADA’s recent
rally.
During
Monday’s session, ADA’s price dropped nearly 16%, closing the day at $1.
Intraday declines were even steeper, reaching a local low of $0.91. This
represented a temporary 24% loss for Cardano, marking the largest single-day
drop in over three years, since September 2021, when ADA’s price fell by 30%.
Why is Cardano price down today? Source: TradingView
Despite the
decline, investor activity remains robust, with daily trading volume at $3.8
billion, exceeding that of Binance Coin (BNB), which is currently the
sixth-largest token in circulation.
What is the current Cardano market capitalization? Source: CoinMarketCap
Current Market Status
The price
correction in Cardano reflects broader market dynamics and profit-taking
behavior. After reaching significant highs, ADA is showing signs of exhaustion
as traders engage in profit-taking activities. The Relative Strength Index
(RSI) has exited overbought territory, suggesting a cooling period for the
asset.
Recent
technical analysis reveals that Cardano is testing critical support levels. The
token’s price action has formed bearish patterns, with increased selling
pressure from short-term holders.
Looking at
the ADA/USD chart, the price has stalled around the $1.25 level, which aligns
with local highs from April 2022, and is currently stuck in a consolidation
phase between this level and the $0.90 support.
As long as
these two levels hold, I would expect the upward trend to continue. My outlook
will only change if the support zone, additionally reinforced by the 23.6%
Fibonacci retracement, is breached. In that case, it could open the door to
further levels marked on the chart and described in more detail below.
I believe any dips would present opportunities to accumulate ADA at lower and
more attractive prices. A break below $0.68, however, would shift my
perspective to a more bearish outlook.
Technical Support and
Resistance Levels
Key
Support Zones:
$0.9176 –
23.6% Fibo retracement
$0.9 – psychological support line
$0.8 – local highs from March 2024
$0.68 – local highs from December 2023
$0.3 – lows from 2024
Resistance
Areas:
$1.1 – local high from November 2024
$1.25 – current main resistance zone,
highs from November and December
$1.32 – intraday high from late November
$1.3349 – 38.2% Fibo retracement
ADA Volume Analysis
Trading
volume analysis indicates significant liquidations at higher price levels. Over
the past 24 hours, $1.6 billion has been wiped from the market, with $1.4
billion coming from leveraged long positions. Larger tokens account for most of
this movement, though ADA also has a visible share. In total, $23 million was
liquidated from leveraged positions in Cardano during the day, $20 million of
which came from longs.
Fundamental Factors Behind
the Cardano Price Drop
Profit-Taking Pressure
The primary
driver of the current price decline is widespread profit-taking following ADA’s
substantial gains. After climbing over 114.5% in the past year, investors are
naturally securing their profits, creating downward pressure on the price.
The
immediate price trajectory appears challenging, with analysts predicting
potential consolidation in the coming weeks. Current technical indicators
suggest ADA could experience further correction before finding stable support.
Our Cardano $ADA price prediction of $6.00 might surprise you. From what we can see, Cardano just might be mirroring its performance from previous cycles. What do you think?🌚 pic.twitter.com/0Aqy4YdoaM
Several
elements could influence future price movement:
Overall
cryptocurrency market conditions
Regulatory
developments
Technical
breakthrough implementations
Institutional
adoption rates
Should You Invest in
Cardano (ADA)?
The
platform continues to evolve with technological advancements and ecosystem
developments, which could positively impact future valuations. Network
improvements and increasing adoption rates remain crucial factors for long-term
price stability.
While Cardano’s current price correction might concern some investors, it represents
a natural market cycle following significant gains. Technical indicators
suggest a period of consolidation, but fundamental strengths remain intact.
Investors should consider both short-term volatility and long-term potential
when making investment decisions.
The
combination of technical analysis, market sentiment, and fundamental
developments indicates that while ADA may experience continued pressure in the
near term, the overall trajectory maintains positive momentum for future
growth. However, as with all cryptocurrency investments, careful consideration
of risk factors and market conditions remains essential.
Cardano Price Prediction,
FAQ Section
Why is the Cardano price
low?
Cardano’s
recent price movements reflect profit-taking after a 168% surge over the past
month, with the price currently at $1.02. The market is undergoing a natural
correction phase following this substantial growth.
What is happening with ADA
Cardano?
ADA has
reached a market cap above $40 billion for the first time in three years, with
futures open interest hitting a 40-month high of $1.18 billion. The network’s
Total Value Locked (TVL) has significantly increased from $230 million to $705
million in December 2025.
Will ADA recover from
current levels?
Technical
analysis and market experts predict ADA will continue its growth trajectory,
with forecasts suggesting prices between $1.21 and $1.34 by the end of December
2024. Long-term projections indicate potential growth to $2.76 by 2025.
Is Cardano expected to go
back up?
Market
analysts maintain a bullish outlook, with predictions for 2024 ranging between
$1.21 and $2.02. Factors supporting this growth include increased whale
accumulation, network developments like the Hydra protocol, and growing DeFi
adoption.
The
cryptocurrency market is witnessing a significant correction in Cardano (ADA)
prices, with the token experiencing a sharp decline to $0.9, representing a 24%
decrease in the past 24 hours. This downturn comes after an impressive 216%
surge in November, raising questions about the sustainability of ADA’s recent
rally.
During
Monday’s session, ADA’s price dropped nearly 16%, closing the day at $1.
Intraday declines were even steeper, reaching a local low of $0.91. This
represented a temporary 24% loss for Cardano, marking the largest single-day
drop in over three years, since September 2021, when ADA’s price fell by 30%.
Why is Cardano price down today? Source: TradingView
Despite the
decline, investor activity remains robust, with daily trading volume at $3.8
billion, exceeding that of Binance Coin (BNB), which is currently the
sixth-largest token in circulation.
What is the current Cardano market capitalization? Source: CoinMarketCap
Current Market Status
The price
correction in Cardano reflects broader market dynamics and profit-taking
behavior. After reaching significant highs, ADA is showing signs of exhaustion
as traders engage in profit-taking activities. The Relative Strength Index
(RSI) has exited overbought territory, suggesting a cooling period for the
asset.
Recent
technical analysis reveals that Cardano is testing critical support levels. The
token’s price action has formed bearish patterns, with increased selling
pressure from short-term holders.
Looking at
the ADA/USD chart, the price has stalled around the $1.25 level, which aligns
with local highs from April 2022, and is currently stuck in a consolidation
phase between this level and the $0.90 support.
As long as
these two levels hold, I would expect the upward trend to continue. My outlook
will only change if the support zone, additionally reinforced by the 23.6%
Fibonacci retracement, is breached. In that case, it could open the door to
further levels marked on the chart and described in more detail below.
I believe any dips would present opportunities to accumulate ADA at lower and
more attractive prices. A break below $0.68, however, would shift my
perspective to a more bearish outlook.
Technical Support and
Resistance Levels
Key
Support Zones:
$0.9176 –
23.6% Fibo retracement
$0.9 – psychological support line
$0.8 – local highs from March 2024
$0.68 – local highs from December 2023
$0.3 – lows from 2024
Resistance
Areas:
$1.1 – local high from November 2024
$1.25 – current main resistance zone,
highs from November and December
$1.32 – intraday high from late November
$1.3349 – 38.2% Fibo retracement
ADA Volume Analysis
Trading
volume analysis indicates significant liquidations at higher price levels. Over
the past 24 hours, $1.6 billion has been wiped from the market, with $1.4
billion coming from leveraged long positions. Larger tokens account for most of
this movement, though ADA also has a visible share. In total, $23 million was
liquidated from leveraged positions in Cardano during the day, $20 million of
which came from longs.
Fundamental Factors Behind
the Cardano Price Drop
Profit-Taking Pressure
The primary
driver of the current price decline is widespread profit-taking following ADA’s
substantial gains. After climbing over 114.5% in the past year, investors are
naturally securing their profits, creating downward pressure on the price.
The
immediate price trajectory appears challenging, with analysts predicting
potential consolidation in the coming weeks. Current technical indicators
suggest ADA could experience further correction before finding stable support.
Our Cardano $ADA price prediction of $6.00 might surprise you. From what we can see, Cardano just might be mirroring its performance from previous cycles. What do you think?🌚 pic.twitter.com/0Aqy4YdoaM
Several
elements could influence future price movement:
Overall
cryptocurrency market conditions
Regulatory
developments
Technical
breakthrough implementations
Institutional
adoption rates
Should You Invest in
Cardano (ADA)?
The
platform continues to evolve with technological advancements and ecosystem
developments, which could positively impact future valuations. Network
improvements and increasing adoption rates remain crucial factors for long-term
price stability.
While Cardano’s current price correction might concern some investors, it represents
a natural market cycle following significant gains. Technical indicators
suggest a period of consolidation, but fundamental strengths remain intact.
Investors should consider both short-term volatility and long-term potential
when making investment decisions.
The
combination of technical analysis, market sentiment, and fundamental
developments indicates that while ADA may experience continued pressure in the
near term, the overall trajectory maintains positive momentum for future
growth. However, as with all cryptocurrency investments, careful consideration
of risk factors and market conditions remains essential.
Cardano Price Prediction,
FAQ Section
Why is the Cardano price
low?
Cardano’s
recent price movements reflect profit-taking after a 168% surge over the past
month, with the price currently at $1.02. The market is undergoing a natural
correction phase following this substantial growth.
What is happening with ADA
Cardano?
ADA has
reached a market cap above $40 billion for the first time in three years, with
futures open interest hitting a 40-month high of $1.18 billion. The network’s
Total Value Locked (TVL) has significantly increased from $230 million to $705
million in December 2025.
Will ADA recover from
current levels?
Technical
analysis and market experts predict ADA will continue its growth trajectory,
with forecasts suggesting prices between $1.21 and $1.34 by the end of December
2024. Long-term projections indicate potential growth to $2.76 by 2025.
Is Cardano expected to go
back up?
Market
analysts maintain a bullish outlook, with predictions for 2024 ranging between
$1.21 and $2.02. Factors supporting this growth include increased whale
accumulation, network developments like the Hydra protocol, and growing DeFi
adoption.
US CPI: Week’s catalyst for broader market volatility on Wednesday
Federal Reserve and BOJ Rate Decisions: Anticipated rate adjustments could shake markets.
Holiday Rallies: Potential delays in traditional Christmas rallies until 2025
USDJPY
As detailed in my previous article, USDJPY, Silver Forecast: Bullish Rebounds in Question, several bullish indicators emerged on Friday as USDJPY tested the 148.60 support level. This coincided with positive technical setups and market sentiment leaning towards a BOJ rate hike after the Fed’s expected rate cut in mid-December. Volatility risks remain on the horizon with US inflation data.
US Indices: Are There Any New Highs for 2024?
US indices started the year strong, recording successive highs before capping 2024 with December’s anticipated Santa Claus rally and New Year effect. This aligns with bullish momentum for Trump’s presidency.
Despite these highs, the Dow Jones faces bearish correction pressures from the 45,000 zone, driven by inflationary concerns, geopolitical instability, and profit-taking ahead of the holidays. As markets brace for 2025, the combination of these risks and uncertainties under Trump’s leadership sets the stage for volatility.
Technical Analysis: Quantifying Uncertainty
USDJPY Forecast: Weekly Time Frame – Log Scale
Source: Tradingview
USDJPY is still holding a bullish rebound from the key support at 148.60. The bullish indicators supporting the setup are:
The 3-day RSI rebounding from the neutral zone and moving average
Price action holding above the 20-period SMA following the November drop
The 150-mark continuing to serve as psychological support
If the 148.60 low holds firm, the next resistance is at 153.30, aligning with the lower boundary of the long-term trendline connecting consecutive lows from January 2023 to 2024. Longer-term resistance levels include 155, 157 and 160, reflecting significant Yen weakness and potential BOJ intervention risks. From the downside, the next level to watch at 146.80 in the event of further downside. Deeper declines could retest levels 144 and 140.
On the daily time frame, the Dow is consolidating near the 45,000 level, forming another top amid overbought RSI conditions and negative divergence. The psychological implications of the 45,000 mark and its Fibonacci extension reinforce the significance of this zone.
The 4H RSI reflects a rebound potential, aligning with recorded highs at 44,300 in November.
Upside momentum could resume with a firm close above 45,200, eyeing resistance at 47,000. Conversely, a break below 44,280 could extend retracement towards 43,300, 42,200, and 41,500.
Nasdaq Analysis: 3Day Time Frame – Log Scale
Source: Tradingview
As previously mentioned in EURUSD, Nasdaq Forecast: Inflation Data and Holiday Volatility, Nasdaq fell short of the 2,700-mark on Monday following momentum slowdowns in the Dow and S&P ahead of the US CPI and FOMC meeting.
The 4H RSI, displayed on the daily chart, reflects a retest of the neutral zone as the price tests 21,400 support.
Further upside can be confirmed with a close above 21,800, eyeing resistance at 22,800. A break below 21,280 could deepen corrections to 21,140, 20,800, and 20,300, aligning with the bottom border of the primary uptrend since October 2022 lows.
— Written by Razan Hilal, CMT on X:@Rh_waves and Forex.com Youtube
Sixteen days of supplementation with 60 mg per days of salidroside was also associated with enhanced oxygen uptake during high-intensity aerobic exercise, according to the findings published in the Journal of the International Society of Sports Nutrition.
“Several dimensions of sports performance were positively influenced by dietary supplementation with salidroside, from cardiovascular fitness and aerobic endurance to recovery,” said Florian Mourey, co-author of the study and Gnosis Substantiation Plan Manager, R&D.
Fermentation-derived salidroside
R. rosea is a perennial herb that mostly grows at high altitudes in arctic areas of Europe and Asia, with forms of the herb in trade including dry extracts in solid dosage forms such as capsules and tablets, liquid extracts, cut, dried rhizome and root and powdered rhizome and root.
It has traditionally been used to manage stress, mental and physical fatigue and depression and to boost energy.
Landkind Pure Salidroside from Gnosis by Lesaffre is produced using a proprietary fermentation process that isolates the compound, which is said to ensure long-term, stable supply without depleting R. rosea resources.
The study was funded by Double Rainbow Biosciences (DRB). Lesaffre acquired certain DRB assets in 2023, including the Landkind Pure Salidroside, and integrated them into Lesaffre’s Institute of Science and Technology. The ingredient is distributed exclusively in the United States by Gencor.
Study details
Led by Neil Schwarz, PhD, associate professor at the University of South Alabama, the researchers recruited 50 healthy young men (average age of 21) to participate in their exploratory, randomized, double-blind, placebo-controlled study. Participants were randomly assigned to receive either salidroside (30 mg twice a day) or placebo for 16 days and performed two multi-day testing sessions separated by 14 days. A graded exercise test on a treadmill was used to determine their peak oxygen consumption (VO2 peak). They also engaged in a high-intensity intermittent exercise (HIIE) protocol depending on their VO2 peak.
The results showed an acute effect of salidroside supplementation during the first multi-day testing session (the second day of supplementation), with oxygen uptake found to be enhanced in the salidroside group during high-intensity intermittent exercise.
“In addition, the results of this clinical study suggest a positive effect of salidroside in reducing muscle damage following resistance exercise and inhibiting a decline in high-intensity exercise performance,” Mourey said.
The data also revealed that, while mood disturbances were observed in the placebo group, the group supplemented with salidroside showed a more stable mood state. In particular, higher levels of fatigue inertia were reported in the placebo group during the study, the researchers reported.
The salidroside ingredient was also safe and well-tolerated during throughout the trial.
“The new study confirms the safe and effective benefits of our salidroside from fermentation,” Nicole Lemus, Gnosis by Lesaffre director for the Americas, told NutraIngredients.
“Our ingredient answers pain points for brand owners and consumers: Brand owners now have a sustainable, low-dose bioactive as a foundation for sports nutrition products or they can easily add it to their existing formations. Meanwhile, consumers can enjoy products that are not muddled by the taste issues of traditional rhodiola products while experiencing a natural energy boost, avoiding the issues that accompany caffeine, which is preferred over traditional caffeine-enhanced products.”
Commenting on the study, Dr. Schwarz said: “After extensive peer review, we received extremely positive reviewer comments. One stated that the study provides ‘extremely novel insights’ into several potential health and performance benefits of the synthesized salidroside.”
Source: Journal of the International Society of Sports Nutrition 2024, Volume 21, Issue 1, doi: 10.1080/15502783.2024.2433744 “Salidroside and exercise performance in healthy active young adults – an exploratory, randomized, double-blind, placebo-controlled study” Authors: N.A. Schwarz et al.
XRP has long been a laggard among cryptocurrencies but things are finally starting to change for the better for this digital currency and payment protocol created by Ripple Labs. Is an XRP price of $100 on the cards for 2025? Here’s four reasons why it’s possible
The native crypto coin has more than quadrupled over the past month to overtake Solana in market cap and the market seems fully convinced that it will extend that explosive rally well into the next year.
In fact, there’s at least four different reasons to believe the XRP price could hit the closely watched $100 level in 2025. Let’s explore each of these reasons individually.
1. XRP is set to outgrow the SEC overhang
XRP has failed to impress in recent years predominantly because of its legal battle with the US Securities & Exchange Commission. But that overhang is broadly expected to be eliminated once Donald Trump takes office in January.
Trump has nominated crypto advocate Paul Atkins to lead the regulatory agency that on balance is very positive for XRP. Why? Because Atkins could drop the case against Ripple as he takes the helm from Gary Gensler in 2025, as per comments from Christopher Giancarlo – former commissioner of the CFTC. If his prediction does indeed come to pass, XRP that’s already above its 50 and 200-day moving average could greatly benefit from the massive pent-up demand slated to unlock in 2025.
2. Trump 2.0 is a massive tailwind for Ripple
XRP could hit $100 next year also because Donald Trump has pledged regulatory certainty and accommodative policies for the crypto landscape in 2025. His pro-crypto stance is significant for Ripple Labs as it could help open the floodgates for institutional investors who have so far been watching from the sidelines.
There have already been rumours that BlackRock is interested in building a position in XRP. The world’s largest investment firm manages some $12 trillion worth of assets at writing. Imagine the kind of upside it could unlock for Ripple if it chooses to park only a smidge of its capital in XRP. Additionally, at least four different firms, including WisdomTree and Bitwise have filed for an XRP exchange-traded fund – and we all know what these ETFs could mean for a digital asset from the example of Bitcoin in 2024. So, once Wall Street money starts flowing, an XRP price prediction of $100 might actually seem conservative.
3. XRP could revolutionize global remittances
Ripple may prove to be a more lucrative investment than its crypto peers in 2025 as it’s on-demand liquidity (ODL) service is already being used to settle international transactions. Its value, therefore, is more sustainable than pure speculation since it’s solving real-world problems right now. This is not a “someday” proposition – it’s happening as we speak.
Ripple is well-positioned to revolutionize the global remittance market that moves a staggering $7.5 trillion per day as it’s efficient as well as more cost-effective than traditional bank transfers for cross-border payments. Ripple Labs is already working with Santander Bank to facilitate cross-border payments. As others follow suit and help it win a bigger slice of that $7.5 trillion pie, the demand for XRP could skyrocket in 2025.
4. Ripple is targeting a key role in Central Bank Digital Currencies
Central banks are increasingly committing to developing their own digital currencies known broadly as CBDCs. Such a paradigm shift stands to help XRP rally to a $100 valuation next year as its Ledger could serve as the perfect bridge between these central bank digital currencies.
“XRP could serve as a neutral bridge asset for frictionless value movement between CBDCs and other currencies,” as per Brad Garlinghouse – the chief executive of Ripple Labs.
XRP’s real-life applications, including the possibility of it becoming the standard protocol that connects different national digital currencies suggest it will offer superior returns over the long term.
The Bottom Line
All in all, XRP has a bunch of use cases including faster and cheaper cross-border transactions that set it apart from other cryptocurrencies. Demand for this native crypto coin could also soar if billionaire Elon Musk executes his plans of bringing crypto payments to X (formerly Twitter). There’s speculation already that XRP could play a key role in his new payment ecosystem. XRP on “X” – it just makes sense doesn’t it?
So, it does look like the stars couldn’t have aligned any better for Ripple labs and XRP. It’s set to see a perfect storm of adoption, utility, and market conditions that together will help its price rally further in 2025.
Of course an XRP price prediction of $100 sounds outlandish at face value. Based on its current price that would be a 3900% increase. But with expected regulatory clarity, institutional adoption, legal issues solved and growing real-world utility, it’s certainly possible – especially when you consider the massive gains made by cryptocurrencies like Pepe and Shiba Inu which has no such real-world use cases.
Early in the morning of 28/11 (Vietnam time), on the London floor, the price of Robusta coffee futures for monthly delivery November 2024 was at 5.533 USD/ton, up 358 USD/ton compared to yesterday. The monthly delivery term January 2025 increased 382 USD/ton, trading at 5.496 USD/ton.
Arabica coffee prices on the New York floor for monthly delivery December 2024 traded at 323 cents/lb, up 15 cents/lb compared to yesterday’s trading level. For monthly delivery March 2025, trading was at 320 cents/lb, up 14 cents/lb.
Domestic coffee prices today also increased across localities, trading at 123.500 – 124.100 VND/kg.
Specifically, in the province Dak Lak, today’s coffee price is purchased at 124.000 VND/kg, an increase of 2.400 VND/kg compared to yesterday.
At Lam Dong, today’s coffee price was purchased at 123.500 VND/kg, an increase of 2.500 VND/kg compared to the previous trading session.
At Gia Lai, today’s coffee price is trading at 123.900 VND/kg, up 2.600 VND/kg.
Coffee prices in the province Dak Nong Today recorded an increase of 2.100 VND/kg, purchased at 124.100 VND/kg.
Global coffee prices continued their strong upward trend, reflecting deep concerns about future supply. Specifically, Arabica coffee prices increased by 1,33% to a 27-year high, while Robusta prices also increased by 1,27%, approaching the threshold of 5.200 USD/ton.
Rainfall in Minas Gerais, Brazil’s largest coffee-growing state, was below historical average last week, adding to supply concerns there. Somar Meteorologia reported just 6 mm of rainfall in Minas Gerais last week, or 10% of the historical average.
The low rainfall has raised concerns that coffee plants will not be able to fully recover and develop, leading to a sharp drop in output compared to the current crop. Previously, Brazil’s main coffee growing region experienced a prolonged period of historic drought, causing analysts to simultaneously reduce their forecasts for coffee production in the 2025-2026 crop year as well as the 2024-2025 crop year.
The US Department of Agriculture (USDA) Brazil office estimates the country’s coffee production for the 2024-2025 crop year at 66,4 million 60-kg bags, down 3,5 million bags from the previous forecast. The total production decline is mainly due to a decline in Arabica coffee as the growing region faces harsh weather conditions during the flowering and bean development stages.
In addition, exports in the 2024-2025 crop year are estimated to decrease by 5% compared to the previous forecast and 2,5 million bags lower than the previous crop year, to 44,25 million bags. At the same time, ending inventories in the 2024-2025 crop year are down 65% compared to the forecast of USDA headquarters, to 1,24 million bags, and ending inventories in the 2023-2024 crop year are also cut from 2,88 million bags to 1,68 million bags.
Regarding the long-term outlook, consulting firm Hedgepoint in its latest global market report forecasts that Brazil’s coffee output in the 2025-2026 crop year will only reach about 65,2 million bags, of which Arabica coffee output is expected to be at 42,6 million bags, down 1,4% compared to the previous crop.
Investor risk aversion has returned due to recent developments in the Middle East, which is positive for the US dollar’s gains.
Accordingly, the EUR/USD pair has returned to the vicinity of the important support level of 1.0500, quickly giving up the gains of the previous weekend that reached the resistance level of 1.0630 following the announcement of strong US jobs data.
Will the Euro-Dollar Rise in the Coming Days?
According to reliable currency trading company platforms, the selling of the Euro has developed into a sideways trend, and the chart also shows the boundaries of the narrow sideways range that has developed since mid-November. Overall, we believe that the coming days may see the Euro-Dollar retest the upper bound of the range at 1.0628. However, a daily close above this level would be a bullish development for those who want a stronger Euro. In general, the EUR/USD pair still needs to trade decisively above 1.06 (and even above 1.0660) to convincingly stop the current downtrend. However, the current rebound above 1.0550 provides at least an additional barrier for the Euro.
Therefore, the technical picture is one of resilience rather than strength. It seems that the markets are tired of buying the US dollar but are not confident enough to buy the Euro directly. Also, the movement of forex prices in recent days indicates the limits of what is called “Trump trading”. In addition, the fact that US interest rates and US Treasury yields remain near recent lows is a major headwind for the US dollar.
The Euro is Concerned with ECB Decisions
The main event for the Euro against other major currencies this week will be the European Central Bank’s decision, where a further interest rate cut is expected. Consensus expects a 25-basis point cut, although market pricing shows that some expect a stronger 50 basis point move. If the latter is implemented, the Euro will weaken. Therefore, the EUR/USD pair will test the bottom of the recent range towards support at 1.0450.
Although there is a strong argument for the ECB to accelerate the pace of policy easing by delivering a 50-basis point cut, it seems that a majority of the Governing Council members prefer 25-basis points, which would lower the deposit rate to 3.0%. Nevertheless, the policy statement will indicate that with downside risks clearly increasing, monetary policy could turn to a more neutral stance before long. We still believe that the ECB will cut the deposit rate further than investors expect next year. At the same time, the “dovish” message issued by the ECB will also be consistent with a weaker Euro exchange rate.
However, not all roads lead to weakening the Euro, and some analysts believe that the ECB will want to show caution, which could strengthen the currency.
Trading Tips:
We still prefer to sell the Euro Dollar from every upside level as the factors of weakness in the Euro are strong and may take time to remove or the opposite may happen, and things will get worse. Cautiously, attentions are turning cautiously to the European Central Bank announcement and US inflation figures.
EUR/USD Analysis Today:
The EUR/USD pair continues to be in a neutral position within an ascending triangle pattern, as the price formed higher lows and found resistance at the key psychological level of 1.0600. At the same time, the upper part of the triangle keeps the gains under control again, pushing the EUR/USD pair closer to the bottom around the secondary psychological level of 1.0550, which also coincides with the dynamic support at the moving averages. In terms of simple moving averages, the 100-day simple moving average appears to be crossing above the 200-day simple moving average, indicating that the trend is bullish or that support is likely to hold rather than break. Stronger upward momentum could stimulate a move above the triangle’s peak and a rise equal to the formation’s height, which extends about 250 pips.
At the same time, the Stochastic indicator is in the oversold zone, indicating exhaustion among the bears, so a shift upwards means that buyers are ready to take control of performance. Also, the oscillator has a large space to rise before reaching the overbought zone, so the price can continue to follow the same approach. Technically, the Relative Strength Index has more room to decline before reaching the oversold zone, so downward pressure may remain for a little longer. Ultimately, a break below the triangle bottom could lead to a decline equal to the formation’s height as well.
EUR/USD Signals:
You can follow the Euro-Dollar recommendations and other free live trading recommendations exclusively through our website. However, it is necessary to consider not taking risks and activating take-profit and stop-loss orders to ensure the safety of the trading account from any sudden price reversals.
If your big New Year’s resolution is to drink less Starbies then you might want to pump the brakes because Starbucks is allegedly making big changes to its menu starting as early as January.
According to a leak from the popular food account @markie_devo, run by food blogger Mark Vayntraub, Starbucks is dropping new menu items and tweaking old favorites as part of its Winter 2024 Part 2 menu, which he says will drop on January 2.
Among the new additions, Vayntraub says fans can expect the Cortado and the Brown Sugar Oatmilk Cortado. Described as a “higher profile espresso,” the Cortado is made using three ristretto shots of Starbucks Blonde Espresso and steamed whole milk.
And it isn’t just coffee lovers who’ll have reason to celebrate in January: per the leaked menu, Starbucks will begin using a new matcha powder that is completely unsweetened. They’ll also be implementing a new technique that requires baristas to make iced matcha lattes by blending them instead of shaking the drink. That means smoother, silkier lattes for you!
In perfect time for chilly January temps, Starbucks is also reportedly bringing the heat with their all-new Spicy Falafel Pocket. This vegan option features smashed falafel, creamy hummus, roasted red bell peppers, pickled onions, and spicy herb sauce wrapped inside a toasted lavash flatbread. Keeping things fiery is the new B!tchin’ sauce Chipotle Almond Dip, which can be paired with the Spicy Falafel Pocket.
Lastly, Vayntraub says customers can look forward to a new Blackberry Sage Refresher this Valentine’s Day. He says the fruity new drink, along with the Chocolate-Covered Strawberry Creme Frappuccino, a Chocolate Hazelnut Cookie Cold Brew, and new Valentine Cake Pop will be available beginning February 4.
Yeah, we’re definitely going to have to adjust those New Year’s resolutions.
This week, Solana (SOL) and young altcoin JetBolt (JBOLT) dominate blockchain news headlines. Solana’s bullish structure has remained intact since its nearly three-week price rally from November 2024. Derivatives traders are also bullish on SOL, intensifying the murmurs of Solana’s retest of its all-time high (ATH) of $263.21, achieved on November 23, 2024. Could such development trigger Solana’s extended rally to the elusive $500 mark?
Meanwhile, the trailblazing altcoin JetBolt is skyrocketing to new heights, fueled by its explosive presale milestone—selling over 100 million tokens since its electrifying debut. What’s driving JetBolt’s jaw-dropping milestone as a market newcomer? And is a $500 surge in the cards for Solana? Let’s find out.
Solana Price Forecast: Can SOL Smash $500 Mark?
After its almost three-week price rally, which started in November 2024, Solana faces a consolidation phase. SOL is down 17.5% from its landmark high of $263.21, recorded two weeks ago.
Solana’s (SOL) monthly price chart shows it hovered around $201 to above $260, as per the latest CoinMarketCap data
Despite this, Solana remains bullish overall. Data from financial analytics and content platform Santiment shows that the funding rate in Solana across derivatives exchanges remained positive throughout December 2024, indicating bullish sentiment among derivatives traders on Solana.
If Solana still has fascinating bullish on-chain metrics and sentiments, does this mean it could finally climb to the elusive $500 mark? Not quite yet.
Currently trading at $208.78, SOL must first break out of its consolidation phase at $229.60. If Solana can successfully achieve this level, it can retest its record-high price before potentially breaking past the psychological barrier of $300. If this $300 surge materializes, a $500 rally for Solana may still be out of reach, with a more realistic target of $331.93 coming into play.
JetBolt (JBOLT) Presale Skyrockets with Millions of Tokens Sold
While Solana’s $500 dream remains elusive, a young altcoin is drawing the attention of market watchers for its explosive entrance into the Web3 space: JetBolt (JBOLT).
Since its presale commenced, JetBolt has sold over 100 million tokens as blockchain whales and crypto buyers flock to grab a piece of the action.
JetBolt’s revolutionary features could be fueling its soaring token sales. Addressing the growing demand for efficiency and innovation, JetBolt offers zero-gas technology. This high-tech feature enables crypto users to seamlessly make transactions without the hassle of paying costly gas fees.
Entering the market at a time when AI and blockchain technology convergence is gaining traction, JetBolt’s offering of an artificial intelligence crypto insights tool has put it among the frontrunners in AI-powered coins.
Moreover, JetBolt offers a beginner-friendly crypto-staking platform. Injecting fun into staking, JetBolt allows stakers to earn rewards when they connect with friends on the platform.
What makes JetBolt’s presale truly exciting are its exclusive perks for early buyers. They can enjoy up to 25% extra tokens when they purchase JetBolt (JBOLT) tokens in batches or buy Alpha Boxes.
Combined, these features and presale advantages made JetBolt’s entry into the crypto market exceptional.
Conclusion — Solana’s Race to $500 Mark and JetBolt’s Massive Whale Traction
Solana’s (SOL) monumental $500 price target remains slippery for the fifth-largest cryptocurrency. However, if price predictions of its surge to the $300 mark take shape, Solana could shatter its current ATH. Meanwhile, JetBolt’s (JBOLT) incredible presale momentum continues to magnetize large buyers. With its presale performance and innovative edge, it’s no wonder JetBolt’s token sales continue to soar.
Discover more about JetBolt’s features and presale details by visiting the official JetBolt website today.
This article does not offer any financial advice. Always conduct thorough and independent research before acquiring any cryptocurrency. Remember, all crypto assets are inherently risky and can be highly volatile.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
The gaming world is rapidly evolving, with millions of gamers demanding Web3 features that offer true ownership, transparency, and exciting new economic models within their favorite games. Okto, a leading Web3 wallet app with 8 million users, is at the forefront of this revolution. Okto’s recent collaboration with Stan, India’s premier esports and fan engagement platform, has enabled over 7 million gamers to seamlessly experience the benefits of Web3. By integrating the Okto SDK, Stan has transformed its platform, empowering users with greater control over their in-game assets and unlocking new opportunities for participation and monetization.
As the Web3 gaming industry explodes towards a projected $100 billion valuation by 2030, Okto’s innovative solutions are paving the way for a future where gamers and developers alike can fully embrace the potential of this exciting new frontier.
The seamless integration of the Okto Wallet via the SDK has made it easier than ever for gamers to engage with Web3 features. Okto’s SDK simplifies Web3 onboarding by allowing gamers to sign up using a mobile number or email—making the process as easy as using any traditional app. This enables gamers to enjoy Web3 features effortlessly, often without even realizing they are interacting with blockchain technology.
The Okto embedded wallet SDK streamlines Web3 integration for apps and internet companies, enabling seamless setup in minutes by a single developer—tasks that traditionally required weeks and a team. For developers and product builders, the SDK drastically reduces development time, enabling the creation of Web3 products up to 10 times faster than conventional methods. This blend of simplicity and efficiency is driving innovation and transforming the Web3 experience. It unlocks opportunities across finance, gaming, social media, and the creator economy. Users can create Web3 wallets within familiar apps, transact without redirection, securely self-custody assets, and access the interoperable Web3 ecosystem effortlessly.
The gaming industry has consistently led the way in adopting cutting-edge technologies, constantly exploring new frontiers. The current evolution in this ongoing transformation is Web3 gaming, which leverages blockchain technology to create a whole new experience. Web3 gaming is poised to revolutionize the industry by offering enhanced ownership, transparency, and new economic opportunities for both players and developers, changing the way games are played and built.
Parth Chadha, Co-Founder and CEO of Stan, said, “Okto proved to be the perfect partner by providing Stan with the most efficient way to onboard users to Web3 seamlessly via Okto SDK. This was achieved without adding any additional development or infrastructure overheads for integrating Web3 features, making the transition both effortless and cost-effective. From a gamer’s perspective, managing assets across multiple platforms and dealing with constant redirects was a major hassle. By integrating the Okto embedded wallet, we’ve simplified the entire process, allowing gamers to engage with decentralized applications seamlessly. This integration enables them to manage their digital assets across ecosystems with a single wallet, offering a smoother, more flexible experience and a significant improvement in user experience.”
Rohit Jain, Head of Defi initiatives, Okto, said, “We’re thrilled to see how the Okto SDK has been successfully addressing our partners’ challenges. We congratulate Stan on taking this step toward a more engaging and empowering experience for their users.The Okto Web3 SDK streamlines the integration process for apps and internet companies, enabling seamless Web3 adoption in just days. This marks the beginning of a transition towards a more decentralized, interoperable, transparent, and self-custodial internet.”
Rohit further added, “As we move forward, we anticipate a significant number of users experiencing the full potential of Web3. We invite more gaming and other consumer apps to unlock web3 features for their users. With the Okto SDK, we aim to accelerate the widespread adoption of Web3 and ultimately reach a user base of 1 billion.”
Okto’s technology powers Stan by managing wallet services, Web3 infrastructure, token and NFT minting, and transfer capabilities, while offering customized solutions tailored to Stan’s unique needs. This collaboration highlights the immense potential of Web3 to reshape the digital gaming and fan engagement landscape.
About Okto: Okto is a secure multi-chain DeFi app that offers a keyless, self-custody wallet. It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing digital assets. Okto utilizes Multi-Party Computation (MPC) technology to ensure security for users’ assets. But what really sets Okto apart is patent-pending AI-based Multi-Factor Authentication, a breakthrough technology that promises to revolutionize the security of self-custodial DeFi wallets.
With support for multiple chains and access to over 100 protocols, Okto offers a seamless experience for users to participate in various DeFi activities.This innovative super app offers an array of exclusive features, including the Quest Centre for curated quests and exclusive airdrops, a New Tokens Hub for fast access to the latest tokens and crypto, opportunities to earn passive income, and the ability to collect NFTs representing meaningful moments and experiences.
Okto is backed by investors such as Steadview, BCap, Coinbase Ventures , Pantera, Bain Capital Ventures, among others.
About Okto SDK: The Okto SDK equips developers with a powerful chain abstraction toolkit, enabling them to streamline the development of consumer applications in a familiar manner. This results in user experiences similar to Web2 applications while significantly enhancing overall performance. Our plug-and-play SDK solution allows for customization based on your unique build needs.
The SDK abstracts complexities, providing the simplicity of Web2 not just for users, but for developers as well. With single-click buy, sell, and bridge functionality, the Okto SDK empowers you to build intuitive applications that truly connect with users.
About Stan STAN is a community based engagement platform having the largest gaming community in Asia with over 5M gamers onboarded. STAN’s goal is to create an ecosystem for the gamers where every victory matters, where rewards are more than just tokens – they’re the embodiment of dedication and prowess, and these gamers find a sense of belongingness.
