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1 12, 2024

DeFi Technologies’ Subsidiary Launches Dogecoin ETP in Nordic Markets

By |2024-12-01T17:12:46+02:00December 1, 2024|News, NFT News|0 Comments


Valour, a subsidiary of fintech company DeFi Technologies (DEFTF), has launched the market’s first Dogecoin (DOGE-USD) exchange-traded product (ETP), which will trade on Sweden’s Spotlight Stock Market. This innovation allows investors to trade the popular meme coin like a stock, as global interest in Dogecoin continues to be driven by Elon Musk. DOGE prices are rising today, suggesting the market is responding positively to the launch of the new Dogecoin ETP.

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What’s Happening with Dogecoin Today?

Dogecoin prices dipped over the past few days but have started rising again today. This renewed momentum is likely due, at least in part, to the new ETP, which will make DOGE accessible to new investors who may not have considered purchasing the meme coin before. Despite the recent dip, Dogecoin has surged significantly over the past three months, climbing 290% as Elon Musk’s influence continues to drive interest.

Dogecoin has significantly benefited from Donald Trump’s decision to task Musk with leading the new Department of Government Efficiency (DOGE), which has kept the crypto’s symbol prominently in focus on the national stage. Additionally, Musk recently proposed a “Dogecoin fix” for what he perceives as crisis spending in the U.S. The Tesla (TSLA) CEO has been a vocal advocate for the crypto for years. With his political influence growing, more investors are likely viewing it as a valid investment vehicle.

The launch of the Dogecoin ETP is noteworthy, as it provides investors with a new incentive to purchase DOGE. Since an ETP can be traded like a stock, it may appeal to traders who distrust crypto exchange platforms such as Coinbase (COIN). With interest in Dogecoin steadily rising, the timing seems ideal for a new avenue to gain exposure, particularly for investors outside the United States.

Is It Time to Buy Dogecoin?

Since no Wall Street analysts follow Dogecoin, it is hard to properly assess which rating it deserves based on expert opinions. That said, the TipRanks Technical Analysis tool suggests a Buy signal on the one-day timeframe, based on overall bullish sentiment.

DeFi Technologies’ Subsidiary Launches Dogecoin ETP in Nordic Markets



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1 12, 2024

Dogecoin Price Prediction: Could It Skyrocket Past $1 If Bitcoin Surges to $100K?

By |2024-12-01T15:37:31+02:00December 1, 2024|Crypto News, News|0 Comments

The crypto market has been buzzing with excitement this month as Dogecoin (DOGE) has surged to its highest value since May 2021, hitting a peak of $0.4795.

As Bitcoin approaches the coveted $100,000 mark, many are speculating whether the bullish momentum will spill over to Dogecoin. Recent trends suggest that Dogecoin’s price could climb even higher, possibly setting new records.

As of November 30, Dogecoin traded at $0.42, reflecting an impressive 351% increase from its low in September, according to Brave New Coin’s DOGE Price Index. Many Crypto analysts are eagerly hoping that DOGE could reach $1, a milestone that has become a popular topic of discussion.

“Dogecoin’s nearing $1! We’re at 40 cents now, while others host Bitcoin $100K watch parties, so let’s enjoy a Dogecoin $1 watch party, “ said crypto analyst Kriss Pax.

DOGE – The Best Altcoin To Buy Now?

Dogecoin’s rally mirrors the impressive gains seen by Bitcoin, which is setting records of its own as it nears the $100,000 threshold. Historically, the two cryptocurrencies have shown a close correlation, often moving in tandem. Data from IntoTheBlock highlights this relationship, revealing a high correlation coefficient of 0.98 between the two. This suggests that as Bitcoin rises, Dogecoin could continue its bullish trend.

Dogecoin Price Prediction: Could It Skyrocket Past  If Bitcoin Surges to 0K?

Source: IntoTheBlock

Analysts are optimistic that Dogecoin’s recent surge is only the beginning. Technical indicators show that DOGE is poised for further gains if Bitcoin hits the $100,000 mark as expected. Bitcoin has recently broken through key resistance levels, and its cup and handle pattern suggests that a jump to $100,000 is likely. As this plays out, DOGE’s price could follow suit, benefiting from Bitcoin’s record-breaking move.

Dogecoin and Bitcoin’s Historic Relationship

Source: TradingView

On the charts, Dogecoin has made notable progress, crossing significant resistance levels. It recently broke above $0.2278, its March 2023 high, invalidating a previous double-top pattern. Additionally, the coin has formed a golden cross pattern, with the 50-week and 200-week moving averages crossing, indicating a potential long-term bullish trend. With the 50% Fibonacci retracement level at $0.03715 now well behind, traders are watching closely for the next move.

RSI at 85: Overbought Alert

Dogecoin’s performance has caught the attention of investors and analysts alike. On the technical front, the Relative Strength Index (RSI) stands at 85, a highly overbought condition. This suggests that while the coin is in a strong position. If the buying pressure subsides, a short-term pullback could be in the cards.

The 9-EMA is currently above the 21-EMA, signalling that the trend is upward. While there has yet to be a confirmed crossover, the signs are positive for traders looking to jump on the momentum. If DOGE maintains its bullish pattern, the next target could be $0.7400, which is an all-time high. This would represent a potential 85% gain from its current levels. But if DOGE drops below $0.2278, the bullish outlook could be invalidated.

Analysts pointed out that Dogecoin is largely driven by market sentiment and hype. President elect Trump’s announcement of the Department Of Government Efficiency (DOGE) to be headed by Elon Musk being a case in point. Crypto analyst Ali Martinez highlighted DOGE’s track of the 2017 and 2020 bull run. Martinez noted that after steep price spikes, Dogecoin has historically seen short-term pullbacks before resuming its rally. This cycle could repeat in 2024, as Dogecoin’s market behaviour suggests the potential for more fluctuations.

“Dogecoin $DOGE is going to test your patience in this parabolic run! Just like in 2017 & 2020, we got a sell signal from TD, anticipating a brief correction before the bull rally continued,” said Martinez.

RSI at 85: Overbought Alert

DOGE Eyes $1- $1.69 Target

With Bitcoin nearing $100,000, some analysts believe Dogecoin is gearing up for a major breakout. “Dogecoin has been consolidating near resistance levels, forming a robust ascending triangle—a classic bullish pattern,” said another crypto analyst, Play Some. This pattern, combined with increasing trading volume and a series of higher lows, signals that Dogecoin could be preparing for a breakout toward $1.

In support of DOGE’s bullish momentum, crypto expert Noodles believes that DOGE could see an even more significant surge, projecting a price target of $1.69. This optimistic view aligns with growing confidence in the coin’s potential, particularly if meme-coin enthusiasm continues to grow alongside broader cryptocurrency adoption.

DOGE Eyes $1- $1.69 Target

Source: Noodles

Dogecoin’s trading volume has recently surged, reflecting a rise in retail participation. Similar patterns emerged in May 2021 and January 2023, when increased retail trader involvement resulted in price declines. This phenomenon, driven by the Fear of Missing Out (FOMO), often triggers rapid sell-offs or market manipulation. However, the uptick in retail activity also signals heightened enthusiasm for Dogecoin, which reached an all-time high in November 2024 for total trades across exchanges.

DOGE Eyes $1- $1.69 Target

Source: CryptoQuant

So is DOGE the best altcoin to buy now? Nobody knows for sure – but you’d be brave to bet against it.

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1 12, 2024

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

By |2024-12-01T13:39:48+02:00December 1, 2024|Forex News, News|0 Comments

Fundamental Analysis & Market Sentiment

I wrote on 24th November that the best trade opportunities for the week were likely to be:

  • Long of Bitcoin in USD terms following a daily (New York) close above $100,000. This did not set up.
  • Short of the EUR/USD currency pair. The price rose by 1.53% over the past week.
  • Long of the NASDAQ 100 Index following a daily (New York) close above 21,139. This did not set up.
  • Long of the S&P 500 Index following a daily (New York) close above 6,002. This set up on Tuesday and gave a profit of 1.85%.

The weekly gain of 0.32% equals 0.08% per asset.

Last week’s key takeaways were:

  1. US Core PCE Price Index – this came in exactly as expected.
  2. US CB Consumer Confidence – this came in exactly as expected.
  3. US Preliminary GDP – this came in exactly as expected.
  4. US FOMC Minutes – language reflected a desire to make “gradual” rate cuts. This increased expectation is that the Fed will cut rates by another 0.25% at its meeting later this month, so it had a dovish effect which helped weaken the USD.
  5. German Preliminary CPI (inflation) – as expected, showing a month-on-month decrease of 0.2%.
  6. Australian CPI (inflation) – this was considerably lower than expected, showing an annualized rate of 2.1% when it was widely expected to rise to 2.5%. That helped make the Aussie the weakest currency last week, on the increased sentiment this would be hawkish concerning rate cuts.
  7. Canadian GDP – this was lower than expected, showing a month-on-month increase of only 0.1% when an increase of 0.3% was widely expected.
  8. Reserve Bank of New Zealand Official Cash Rate, Rate Statement, and Monetary Policy Statement – the Bank cut its rate by 0.50% as was expected.
  9. Chinese Manufacturing PMI – this came in as expected.
  10. US Unemployment Claims – this came in as expected.

Apart from the inflation data, there were no data points last week that were truly interesting to the market, and even inflation is no longer the concern it was some months ago. Markets are more interested right now in global growth and the likely appointments of the upcoming Trump administration, which will take power in January. We saw US and European stock markets gaining again last week as risk sentiment in parts of the world improved, with the broad US S&P 500 Index rising to make a fresh all-time high last Friday.

The Week Ahead: 2nd – 6th December

The coming week’s schedule is lighter than last week and will likely be dominated by US Non-Farm Payrolls data on Friday.

  1. US Average Hourly Earnings
  2. US Non-Farm Employment Change
  3. US Unemployment Rate
  4. US JOLTS Job Openings
  5. US ISM Services PMI
  6. US ISM Manufacturing PMI
  7. Swiss CPI (inflation)
  8. Australian GDP
  9. US Unemployment Claims
  10. Canadian Unemployment Rate

Monthly Forecast December 2024

I made no monthly forecast for November, as the long-term trends in the Forex market were too unclear.

For the month of December, I forecast that the EUR/USD currency pair will fall in value.

Weekly Forecast 1st December 2024

This week, I forecast that the AUD/JPY and CAD/JPY currency pairs will rise in value, as they fell by such unusually large amounts last week.

Last week, the Japanese Yen was the strongest major currency, while the Australian Dollar was the weakest. Volatility rose last week, with two-thirds of the most important Forex currency pairs and crosses changed in value by over 1%.

You can trade these forecasts in a real or demo Forex brokerage account.

Key Support/Resistance Levels for Popular Pairs

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

Technical Analysis

US Dollar Index

Last week, the US Dollar Index printed a bearish candlestick that reversed the recent breakout to back underneath the resistance level at 105.81, as well as the upper trend line of the formerly dominant consolidating triangle chart pattern, which can be seen in the price chart below. The price fell sharply from the new 2-year high which was printed the previous week and closed not far from its low of the week. These are bearish signs, but it should be noted that the price is above its levels from three and six months ago, suggesting a long-term bullish trend in the greenback that should be exploitable.

I have plenty of technical and fundamental reasons to be bullish on the US Dollar. However, the upside over the coming week might be limited, so long-term trades long of the USD might be more successful than short-term trades.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

Bitcoin

Bitcoin saw a week of modest gains after it hit a record high just shy of $100,000 the previous week, then made a retracement deep enough to shake out many long positions. The price now seems to have resumed its climb towards the record high and $100,00.

The strong long-term bullish trend is something worth paying attention to, and it has been given a tailwind by the Republican victory in the recent US elections. I thought that $100,000 might be hard for the price to overcome and this still looks likely to be a pivotal point over the coming days or even weeks.

I am prepared to go long again of Bitcoin, having taken in my long trade from the $75k area after the price retraced to about $91k, but I want to see a daily (New York) close above $100,000 before entering such a new trade.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

EUR/USD

Last week, the EUR/USD currency pair printed a relatively strong bullish candlestick, rebounding from the lowest weekly close seen in almost two years which was made the previous week. The price is still below its levels from both 3 and 6 months ago, which is my preferred metric for calling a long-term bearish trend. The US Dollar Index is also in a long-term bearish trend. A final bearish filter is that the 50-day moving average is below the 100-day moving average, which validates the trend.

There are plenty of reasons to be short here, but I am a bit concerned about the strength of the bullish inflection from the recent multi-year low. On the other hand, this currency pair tends to make deep retracements within even its strongest trends.

I am prepared to enter new short trade from any rejection of a resistance level below $1.0620.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

USD/JPY

Last week, the USD/JPY currency pair printed a very strong bearish candlestick, which was unusually large and closed right on its low.

These are bearish signs, or at least signs of bearish momentum. The Japanese Yen was the strongest of all the major currencies last week. However, this seeming bearish reversal occurred at a multi-month high price, when this pair seemed to be preparing to establish a new long-term bullish trend.

There is a lot of volatility in the Japanese Yen and there has been for many months, making Yen pairs and crosses very interesting for day traders.

I cannot predict long-term direction here, but I can predict that anyone who is good at short-term trading and who needs volatility to profit would do well to be interested in this currency pair and maybe some of the Yen crosses too.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

USD/CHF

I expected that the USD/CHF currency pair would have potential support at $0.8805.

The H1 price chart below shows how the price action rejected this support level with an hourly inside bar, which followed a doji candlestick, marked by the up arrow within the price chart below. This rejection occurred right at the end of the London session last Wednesday, which can often be a great time for reversals in the US Dollar.

This trade gave a maximum profit of approximately 1.5 to 1.

This currency pair has been quite strongly positively correlated with the EUR/USD currency pair lately.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

S&P 500 Index

Last week saw the S&P 500 Index rise again to reach a new record high, and it closed the week quite near the high, which is a bullish sign. There is no sign more bullish than the fact that the price is trading bullishly in blue sky.

US stock markets are leading global equities, which is nothing unusual, boosted by President Trump’s reputation as doing anything to generate economic growth and stock market growth, as well as his announcement of his intention to put strong tariffs on imports from Mexico and China.

Maybe more importantly, the US stock market has been in a strong bullish trend for over one year now, so there is plenty of momentum supporting last week’s bullish move.

I see the S&P 500 Index as a buy.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

USD/BRL

Last week saw the USD/BRL currency pair rise strongly to make a new all-time high price, before it gave back some of its gains to close just below the previous record high made in 2020.

In other words, the Brazilian Real is in trouble and is reaching record lows.

The only note of caution for bulls here would be the fact that the price was unable to close above the 2020 high.

Many brokers do not offer the BRL to trade, and the very high overnight swap rates that come with being long of the BRL as a CFD can be a deterrent to trading this key emerging currency. However, anyone with BRL holdings might want to think about getting out or at least hedging the currency risk.

Brazil has taken quite an anti-American position in recent months, throwing its lot in fully with the BRICS countries and implying an alternative to the USD. One has to wonder what President Lula has said to President-Elect Trump in recent days, as its hard to imagine President Trump allowing such actions to go by unpunished. That may be contributing to the weakness of the Real.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

USD/INR

Last week saw the USD/INR currency pair rise to make a new all-time high price, and it closed near the high of the week, painting a very bullish technical picture as it trades in blue sky. This has happened for each of the last few weeks.

The Indian Rupee is relatively weak and is reaching record lows.

Many brokers do not offer the INR to trade, and the very high overnight swap rates that come with being long of the INR as a CFD can be a deterrent to trading this key emerging currency. However, anyone with INR holdings might want to think about getting out or at least hedging the currency risk.

The relative weakness of the Indian Rupee is interesting because India’s economic metrics remain quite positive. This is likely partly due to relatively high inflation and interest rates, as well as the fear that India is so dependent upon manufacturing raw materials that it could be prone to very high levels of inflation if commodity prices spiral out of control again.

Weekly Forex Forecast – 01/12: Bitcoin, EUR/USD (Charts)

Bottom Line

I see the best trading opportunities this week as

  • Long of Bitcoin in USD terms following a daily (New York) close above $100,000.
  • Short of the EUR/USD currency pair following a strong bearish reversal below $1.0620.
  • Long of the S&P 500 Index.

Ready to trade our  weekly Forex forecast? Check out our list of the best Forex brokers worth reviewing.

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1 12, 2024

Do This First Thing In The Morning For A Healthier Brain

By |2024-12-01T13:36:22+02:00December 1, 2024|Dietary Supplements News, News|0 Comments


Beauty & Health Editor

Hannah Frye is the Beauty & Health Editor at mindbodygreen. She has a B.S. in journalism and a minor in women’s, gender, and queer studies from California Polytechnic State University, San Luis Obispo. Hannah has written across lifestyle sections including beauty, women’s health, mental health, sustainability, social media trends, and more. She previously worked for Almost 30, a top-rated health and wellness podcast. In her current role, Hannah reports on the latest beauty trends and innovations, women’s health research, brain health news, and plenty more.



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1 12, 2024

Ripple Unleashes 1 Billion XRP Amid Historical XRP Price Breakout

By |2024-12-01T13:34:47+02:00December 1, 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.

One billion XRP tokens were unlocked by Ripple today, which can be valued at $1.92 billion at the current price. This release is a standard operation in which the San Francisco-based crypto company releases 1 billion XRP to the open market every first of the month. According to the original XRPL novel, Ripple is expected to unlock a total of 55 billion tokens from its escrow accounts, which is nearly 55% of the total XRP supply. The goal of such a decision was to make the supply of XRP more predictable.

Currently, the cryptocurrency company has just under 37.24 billion tokens remaining in its accounts. How many tokens remain in the market is still an unknown value and will be known when Ripple locks back unclaimed tokens.

Related

35 Million XRP Change Unknown Hands as XRP Price Targets $2

Given that XRP is one of the main newsmakers and headliners in the crypto market right now, such a move could cause panic or at least volatility for the token. XRP ended November with a price gain of 283.9%, and the release of 1 billion tokens when the price of the token is at a seven-year high may be negative, especially for those unfamiliar with such nuances of the popular cryptocurrency’s tokenomics.

Article image
XRP to USD by CoinMarketCap

XRP experienced a drawdown with the first day of December, but not that dramatic. Considering that all of November until the last day was bullish for the token, the 2.4% intraday drawdown can hardly be considered significant. Furthermore, XRP is now trading above its opening price of $1.93, according to Bitstamp.

Related

XRP Rival Stellar (XLM) Eyes 22% Gain, According to Bollinger Bands

Tomorrow is Monday, and it will be possible to see how XRP behaves on higher volumes, but the beginning of the month is still a continuation of the party despite such eye-catching events for the token.

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1 12, 2024

Domestic market continues to decline, will the world market increase again?

By |2024-12-01T12:49:13+02:00December 1, 2024|Forex News, News|0 Comments


Experts predict that coffee prices on November 8, 2024 may continue to fall due to the US dollar reaching a four-month high, pushing coffee prices down, and fluctuations in the international market.

The US dollar surged to a four-month high after the White House officially opened for Donald Trump to return. With the US presidential election almost over, the market expects Mr. Trump’s policies on immigration, tariffs and trade to boost US growth.

Commenting on the market this week, industry insiders said that Robusta coffee prices calculated according to the monthly price January 2025 are forecast to continue to decrease with the target level possibly being 3.946 USD/ton. At this support level, the Robusta market can find buying and it is not excluded that the price will bounce back from here. However, if this level fails, Robusta prices can go down to 3.800 USD/ton.

For the December 2014 arabica coffee price, there is a lot of room for further declines and a possible technical low of 235,30 cents/lb. This is a level that should find some buying demand on a technical basis.

However, in the long term, the impact of the heat wave and prolonged lack of irrigation water occurring in the first months of 2024, coinciding with the time when coffee trees flower and bear fruit, has caused some coffee gardens to have wilted leaves, dry flowers, and young fruits, reducing productivity and output.

Recorded in the trading session on November 7, 2024, today’s coffee price increased by 600 VND/kg, ranging from 106.500-107.000 VND/kg. Currently, the average purchase price in the Central Highlands provinces is 106.800 VND/kg, the highest purchase price in Dak Nong, Dak Lak, Gia Lai, Kon Tum provinces is 107.000 VND/kg.

Dự báo giá cà phê ngày November 8, 2024:
Coffee price forecast for November 8, 2024: Domestic price continues to decrease, will the world price increase again?

Specifically, the coffee purchase price in Gia Lai province (Chu Prong) is 107.000 VND, an increase of 600 VND/kg compared to yesterday, in Pleiku and La Grai the same price is 106.900 VND/kg; In Kon Tum province, the price is 107.000 VND/kg, an increase of 600 VND/kg compared to yesterday; In Dak Nong province, coffee is purchased at the highest price of 107.000 VND/kg, an increase of 600 VND/kg compared to yesterday.

The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 106.500 VND/kg, an increase of 600 VND/kg compared to yesterday.

Domestic coffee price (date 7/11) in Dak Lak province; in Cu M’gar district, coffee is purchased at about 107.000 VND/kg, an increase of 600 VND/kg compared to yesterday, and in Ea H’leo district, Buon Ho town, it is purchased at the same price of 106.900 VND/kg.

Updated world coffee prices at 20:00 on November 7, 2024 Vietnam time on the London exchange, the price of Robusta coffee futures contract for monthly delivery January 2025 on the London exchange was at 4.425 USD/ton, up 118 USD compared to the beginning of the trading session.

Coffee price forecast on June 8, 11:Dự báo giá cà phê ngày November 8, 2024:
Coffee price today November 7, 2024: Robusta coffee price on London floor. (Photo: Screenshot giacaphe.com

The monthly delivery term March 2025 is 4.363 USD/ton, up 115 USD; the monthly delivery term May 2025 is 4.302 USD/ton, up 113 USD and the monthly delivery term July 2025 is 4.222 USD/ton, up 107 USD.

Coffee price forecast on June 8, 11:Dự báo giá cà phê ngày November 8, 2024:
Arabica coffee price on New York floor on November 7, 2024. (Photo: Screenshot of giacaphe.com)

Of which, the price of Arabica coffee on the New York floor at 20:00 on November 7, 2024 increased in all terms, fluctuating at 252.60 – 257.30 cents/lb.

Specifically, the monthly delivery term December 2024 is 257.30 cents/lb; up 8.55 cents/lb compared to the beginning of the session. The monthly delivery term March 2025 is 256.4560 cents/lb, up 8.40 cents/lb; the monthly delivery term May 2025 is 254.90 cents/lb, up 8.20 cents/lb and the monthly delivery term July 2025 is 252.60 cents/lb, up 8.05 cents/lb.

Coffee price forecast on June 8, 11:Dự báo giá cà phê ngày November 8, 2024:
Brazilian Arabica coffee price on November 7, 2024.(Photo: Screenshot of giacaphe.com)

Brazilian Arabica coffee prices today at 21:00 p.m. November 7, 2024 increased and decreased in opposite directions. Specifically, the monthly delivery term December 2024 was 313.00 USD/ton, up 3.01%; the monthly delivery term March 2025 was 312.30 USD/ton, up 3.04%; the monthly delivery term May 2025 was 302.15 USD/ton, down 0.62% and the monthly delivery term July 2025 was 299.20 USD/ton, down 0.63%.

Robusta coffee traded on ICE Futures Europe (London floor) opens at 16:00 and closes at 00:30 (the next day), Vietnam time.

Arabica coffee on the ICE Futures US floor (New York floor) opens at 16:15 p.m. and closes at 01:30 a.m. (the next day), Vietnam time.

Commenting on the current market, the Vietnam Coffee and Cocoa Association (Vicofa) said that product prices turning down is a common occurrence during the harvest season. In addition, the European Union has postponed anti-deforestation regulations for another 12 months, reducing supply pressure.

However, coffee prices will only fall in the short term. Vietnam’s coffee output this year is forecast to fall by about 10% due to heat and drought in some Central Highlands regions reducing productivity, while inventories from the previous crop have been depleted.

Information for reference only. Prices may vary depending on locality.



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1 12, 2024

TOP 5 Best Weight Loss Supplements of 2024

By |2024-12-01T11:33:57+02:00December 1, 2024|Dietary Supplements News, News|0 Comments


TOP 5 Best Weight Loss Supplements of 2024


PT6M2S

|
Video has closed captioning.

2024-11-30T10:13:35+0800

Best Weight Loss Supplement 2024 | Links To Products ⤵️
1. Capsiplex Burn and Capsiplex Trim ✅
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2. PhenQ ✅
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3. Force Factor LeanFire PM ✅
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4. BioTrust MetaboBoost ✅
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00:00 Intro
00:25 5️⃣ Jacked Factory Burn-XT
01:28 4️⃣ BioTrust MetaboBoost
02:28 3️⃣ Force Factor LeanFire PM
03:15 2️⃣ PhenQ
04:10 1️⃣ Capsiplex Burn and Capsiplex Trim

The landscape of weight loss supplements has evolved significantly in 2024, offering a variety of options for those seeking to shed unwanted pounds. As the demand for effective weight loss solutions continues to grow, the market has responded with innovative formulations that cater to different needs and preferences.

Among the top contenders in the weight loss supplement arena are appetite suppressants, which have gained popularity for their ability to curb cravings and reduce overall food intake. These supplements work by targeting the body’s hunger signals, helping individuals feel fuller for longer periods and potentially leading to decreased calorie consumption.

Another category that has seen a surge in popularity is weight loss gummies. These chewable supplements offer a convenient and tasty alternative to traditional pills, making them appealing to those who struggle with swallowing tablets. Many of these gummies incorporate natural ingredients known for their potential fat-burning properties, aiming to boost metabolism and promote weight loss.

For those specifically targeting stubborn abdominal fat, belly fat burners have emerged as a go-to option. These supplements often combine thermogenic ingredients with compounds that may help regulate blood sugar levels and improve insulin sensitivity, potentially leading to reduced fat storage in the midsection.

Women seeking tailored solutions have shown particular interest in the best supplements for weight loss female. These formulations typically take into account hormonal factors and specific nutritional needs of women, offering a more personalized approach to weight management.

As the field of weight loss medication continues to advance, new prescription options have become available, offering hope for those struggling with obesity. These medications work through various mechanisms, such as appetite suppression or altering how the body processes food.

When it comes to natural alternatives, fiber supplements have gained recognition for their potential to aid in weight loss. By promoting feelings of fullness and supporting digestive health, the best fiber supplement for weight loss can be an effective addition to a comprehensive weight management plan.

As we look ahead, the best weight loss supplement 2024 will likely be one that combines multiple approaches, addressing factors such as appetite control, metabolism boosting, and fat burning. With ongoing research and development, the future of weight loss supplements promises even more targeted and effective solutions for those on their weight loss journey.

#weightlosssupplements #weightlosstips #weightloss


Aired:
2024-11-30T10:13:35+0800


Rating: TV-14



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1 12, 2024

Here is How High Dogecoin Can Rise After ETF Approval if DOGE Gets 30% of BTC ETF Inflows

By |2024-12-01T11:32:31+02:00December 1, 2024|Crypto News, News|0 Comments

The Dogecoin price could soar to new highs if a Dogecoin ETF market secures approval and attracts just 30% of the inflows from Bitcoin ETF products.

Dogecoin (DOGE) is one of the best performers of the ongoing bull market, currently trading at a high last seen in June 2021. Despite the market-wide correction, which triggered a 2.8% drop in the Dogecoin price in 24 hours, the meme coin boasts a 159% increase in November.

DOGE has achieved this immense growth rate on the back of mere market speculation and discussions around the Department of Government Efficiency (DOGE) spearheaded by Tesla CEO Elon Musk in the incoming Donald Trump administration.

DOGE Rallies on Market Speculation

Interestingly, the impact from external fundamental market catalysts such as ETFs has not materialized yet, with these factors capable of triggering a more substantial price gain. Notably, Bitcoin’s Q1 price upsurge was partly fueled by inflows into Bitcoin ETFs, which launched in January.

In addition, the ongoing uptrend, which saw BTC cross $99,000, has also come on the back of capital flows into the ETF products. With Bitcoin ETFs currently boasting inflows worth $30.8 billion since January, discussions around ETFs for other crypto assets have emerged.

Ethereum (ETH) was the next to attract ETF products, which launched in July. Moreover, some asset managers have filed for XRP ETFs and Solana ETFs. However, the SEC has not yet approved these filings.

Dogecoin has been in the background, but the possibility of an ETF for the meme coin is not out of the question. Notably, Nate Geraci, CEO of the ETF Store, recently argued that some asset managers could file Dogecoin ETFs as a marketing strategy. 

Dogecoin Price if Its ETFs Capture 30% of Bitcoin ETF Inflows

Meanwhile, Bloomberg’s ETF expert Eric Balchunas, noted that Dec. 31 could be the perfect time to file for a Dogecoin ETF. Should asset managers show interest in Dogecoin for an ETF product, the market could witness an influx of capital.

Such an influx is capable of triggering an impressive increase in the Dogecoin price. Notably, with Bitcoin ETF products currently witnessing $30.8 billion in cumulative net inflows, if a Dogecoin ETF market captures only 30% of this figure, DOGE’s market value could skyrocket.

For context, 30% of the Bitcoin ETF inflows amount to $9.24 billion in capital injection. If one leveraged a quarter of the Bank of America (BoA) multiplier of 118x, this would lead to a market cap multiplier of 29.5x for every dollar that flows into the Dogecoin ETF.

At this 29.5x rate, the $9.24 billion would translate to $272.58 billion in additional market cap for Dogecoin. This would bring DOGE’s market valuation to $334.68 billion, slightly lower than Ethereum’s current market cap of $406.58 billion.

With the $334.68 billion market cap, the Dogecoin price could breach the $1 mark, essentially skyrocketing to $2.2 per token. Analysts such as Ali Martinez believe this target is feasible for Dogecoin price, with Martinez recently predicting a possible rally to $2.4.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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1 12, 2024

Unlock insights from The Collagen Industry Survey

By |2024-12-01T09:32:38+02:00December 1, 2024|Dietary Supplements News, News|0 Comments


Do you find the collagen market confusing? You’re not alone. Bioiberica’s latest survey, involving over 100 professionals from across the nutrition industry, revealed that 51% of respondents also find it perplexing. One of the reasons for this is that collagen supplementation can offer benefits for multiple health areas, from skin and beauty to joint and bone health. But this comes with a lot of nuances, which can be tricky for consumers and industry professionals alike to get their head around. Indeed, 44% of the professionals surveyed said they were unsure about the best type of collagen for joint health specifically. What’s more, 49% of respondents said they are familiar with vegan collagen, despite collagen being exclusively animal-origin. This demonstrates that even professionals within the nutrition industry perceive non-animal-based solutions to be collagen—spotlighting this as an issue that requires more education, clarity and regulation. And the sooner the confusion is dispelled, the better—especially since 76% of our survey respondents agree that the collagen trend is here to stay.

This starts with brands understanding the difference between collagen compositions and how they can effectively use collagen ingredients to deliver optimal health benefits. To shed some light on the issue, Bioiberica’s Marketing Manager for Branded Ingredients, Monica Gomez Navarro, shares exclusive insights from the Collagen Industry Survey and outlines three key steps to succeed in this space.

Step 1: Choose evidence-based ingredients, tested in healthy individuals

The Collagen Industry Survey revealed that 77% of collagen professionals rate ‘science-backed ingredients’ as a highly important purchasing driver for consumers. This is no revelation, since to thrive in most nutritional supplement categories today, science needs to be a priority. Consumers are more informed than ever and want to know that the supplements they’re purchasing are going to effectively address their health concerns or goals. This makes quality, evidence-based products central to establishing trust and confidence in brands—and really, the only way forward if you want to make a big impact in your specific market.

In our survey, we found that collagen professionals agreed with this. In fact, 80% of the respondents said they believed that structure/function claims are important to consumers, and 79% agreed that ‘quality’ is valuable. But how can manufacturers make scientific substantiation a priority? It’s about ensuring that every element of the formulation is research-backed, and the health benefits of specific ingredients are communicated clearly on packaging. In other words, are the claims they are making true and clear to consumers? To make this easier, we recommend boldly featuring branded ingredients from trusted suppliers on product labels.

Manufacturers should also consider using ingredients that have been researched in healthy individuals, not just in disease states (although these studies are still important). Across the globe, we have noticed that regulatory bodies in the nutraceuticals space are asking for studies to be carried out on healthy subjects, so it’s becoming more important for ingredient suppliers to perform these types of clinical trials.  We’re keen to advance this type of research, so we set out to do exactly that in our latest clinical trial in the collagen space. In this new study, we investigated the effects of our native (undenatured) type II collagen ingredient, Collavant® n2, in healthy individuals with no history of osteoarthritis or any other clinical joint condition—the first exploration of the ingredient in ‘everyday’ consumers.1 We made the decision to concentrate on this consumer base to more closely align with our customers’ target audience: “ordinary” people who experience joint discomfort associated with exercise. Results showed that a daily dose of only 40 mg Collavant® n2 for six months significantly reduced joint discomfort, supported faster recovery from exercise and improved quality of life.1 In fact, positive effects were observed after just three months supplementation. These promising results could be a gamechanger in the field of nutrition innovation, as the findings suggest the ingredient could contribute both to overall satisfaction and compliance with products featuring it.

Step 2: Once the scientific foundations have been built, dive deeper

One way to ‘step up’ and gain a competitive edge is with multi-ingredient formulations. ‘Combination’ products hold significant potential for several reasons: (1) they cater to demand for convenience, (2) they tap into the growing holistic health trend and (3) they allow for endless ingredient pairings, which is really exciting.

But achieving successful combinations requires ingredients that are compatible and complementary—and collagen professionals clearly agree. Our survey found that ‘compatibility with other ingredients’ ranks among the top considerations when choosing a hydrolysed or native (undenatured) collagen for joint health or mobility innovation. Thankfully, Collavant® n2’s low dose (40 mg/day) means that it can be seamlessly blended with other ingredients, including vitamins, minerals and botanicals; opening doors to novel ingredient combinations. For example, one recent scientific study showed that Collavant® n2 and Boswellia serrata, an anti-inflammatory herbal extract, can alleviate joint discomfort in just five days.2

Another promising avenue for differentiation is to address values like sustainability. According to our survey, only 28% of collagen professionals believed that sustainability is important to consumers, which is not reflected across the broader health and nutrition industry. This presents an opportunity to both educate industry professionals and collagen consumers on sustainability, and also embed eco-friendly values into product messaging to enhance brand visibility and appeal. The challenge is that animal-sourced ingredients, like collagen, can be viewed as less sustainable. However, at Bioiberica we counter this through ethical and eco-friendly practices—including responsible sourcing of raw materials, adopting renewable energy sources and minimizing waste where possible via our circular economy model.  

Step 3: Consider the consumer experience

Once brands have defined the health benefits and value their product aims to deliver, it’s time to think about format—and we don’t mean pills or capsules. Capturing the attention of younger consumers, especially, hinges on embracing innovative applications that go beyond traditional options. No longer satisfied with conventional supplement formats (like pills) alone, appetite is growing for more novel delivery forms, like gummies, snack bars, ready-to-drink shakes and sports drinks. However, some collagen ingredients come with complex formulation challenges, creating obstacles for innovation.

Take hydrolysed collagen as an example. This form of collagen is regularly used in joint health supplements, but it requires a large dosage—up to 10 g per day—to be effective. This can negatively impact texture and overall taste, and also means that hydrolysed collagen can be limited to powder formats, which may not be as appealing to all consumers. On the other hand, native type II collagen, like Collavant® n2, is efficacious at only 40 mg/day and doesn’t have an unpleasant taste or smell. Its formulation flexibility means it can be incorporated into more consumer-preferred forms, like gummies or chewables and other novel formats. With Collavant® n2 and our formulation expertise, we can help manufacturers push the boundaries of collagen format innovation and appeal to the diversifying base of collagen consumers.

Curious about the science-based benefits of Bioiberica’s native (undenatured) type II collagen, Collavant® n2, and how the company is supporting cutting-edge joint health and mobility innovation? Learn more here: https://bioiberica.campaign.page/collavant-n2 

References:

1. Möller, I. et al. Efficacy and tolerability of native type-II collagen for joint health in healthy volunteers: a randomized double-blind placebo-controlled study. Osteoarthitis and cartilage. 32 (6), P769 (2024).

2. Jain et al. AflaB2® and osteoarthritis: a multicentric, observational, post-marketing surveillance study in Indian patients suffering from knee osteoarthritis. Int J Res Orthop. 2021;7(1):110-115.





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1 12, 2024

XRP Set for $5.3 as Analyst Says Even a 63% Drop Would Keep Price Above $1.96

By |2024-12-01T09:31:31+02:00December 1, 2024|Crypto News, News|0 Comments

A market commentator expects XRP to soar to a new all-time high amid the ongoing rally, which resembles a repetition of the 2017 upsurge.

XRP is one of the biggest beneficiaries of the latest market rebound. In the past 24 hours, it has climbed over 24%, reaching $1.93. As a result, market watchers are optimistic about XRP’s potential for further gains, with some predicting a rally similar to the 2017 surge.

One such analyst is EGRAG, who recently suggested the possibility of XRP reaching $5.3 in the near term. The prediction stems from an analysis of XRP’s price movements since 2013, focusing on the symmetrical triangle pattern that has defined its long-term chart.

XRP’s Historical Symmetrical Triangles 

The chart from EGRAG points out two symmetrical triangle formations in XRP’s history. The first triangle spanned from December 2013 to March 2017. 

During this period, XRP experienced a breakout that led to a staggering 287% increase in just one month. This breakout was a precursor to XRP’s meteoric rise, which culminated in a peak of $3.31 in January 2018.

XRP 1W Chart EGRAG Crypto
XRP 1W Chart | EGRAG Crypto

The second triangle emerged after XRP’s decline from the $3.31 peak. This pattern has persisted for seven years. However, November 2024 has brought renewed optimism, as XRP has recorded a remarkable 270% gain this month. Analysts believe this surge could mark the beginning of a breakout similar to the one from 2017.

XRP Targets $5.3

EGRAG’s analysis suggested that if the current rally mirrors the 2017 breakout, XRP could see an astonishing 1,273% surge. The market analyst confirmed that this rally would push XRP’s price to approximately $5.3. 

However, the projection comes with a caution. Just as the 2017 rally was followed by major corrections, a similar pattern could play out this time. EGRAG expects a potential 63% retracement after XRP reaches its peak. This would bring the price back to the $1.94–$1.96 range, aligning with XRP’s previous all-time high in 2021.

The analyst further stressed that while the price action closely resembles the 2017–2018 cycle, the timeline may differ. Notably, external factors, including market sentiment and regulatory developments, could influence the speed and trajectory of the rally.

Currently, XRP trades for $1.90, up 5% today. Its latest surge has seen it breach major resistance levels. The asset surpassed $1.63 and is now approaching its 2021 peak of $1.96. Market watchers expect XRP to easily claim the $2 price level once it clears the $1.96 resistance.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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