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20 11, 2024

Market Analyst Highlights How Long Before Dogecoin Cracks $3

By |2024-11-20T18:38:39+02:00November 20, 2024|Crypto News, News|0 Comments

Amid the recent spectacular performance from Dogecoin, market watchers share their views on how long it will take for DOGE to break into the unit price range.

In a recent post on X, Crypto Yapper, a notable technical analyst, shared his short-term price prediction for trendy crypto assets like Dogecoin. According to Yapper, Dogecoin could reach $1 and $3 as early as six months from now, which would place the timeline around May 2025.

Currently, DOGE is worth $0.3894, up by 1% over the past day. Yesterday, Dogecoin attempted to break out of its week-long consolidation phase by re-entering the $0.40 range with a 12% surge. However, it quickly encountered resistance after reaching $0.4183 and was unable to push higher. It later dropped to $0.3778 amid the Bitcoin-induced volatility last night.

While Dogecoin’s bulls struggle to regain momentum for another massive rally like the one from two weeks ago, Yapper believes that, despite the challenges, DOGE will trade within the $1 to $3 range in the next six months. If things go poorly, it could take up to 12 months.

Dogecoin Potential to Reach $3

Notably, from its current floor value of $0.3894, DOGE would need a rally of 156% to break the $1 mark, which enthusiasts have been waiting for since the 2021 bull run. For context, Dogecoin took just seven days to rally by 156.11%, from $0.1702 to $0.4359, between November 5 and November 12.

Meanwhile, for the projected upper boundary of $3, Dogecoin would need a more substantial price increase of 670%. Remarkably, over the past 12 months, Dogecoin has surged by 658% from its October 2023 low of $0.05747 to its recent high of $0.4359, which aligns closely with the 12-month timeline Yapper suggested for Dogecoin to achieve another 650% price growth.

Notably, at $3, Dogecoin would have a market cap of $440 billion, compared to just $56 billion today. This market cap would far exceed Ethereum’s current $373 billion valuation, possibly making DOGE the second-largest crypto asset if no other token surges higher.

Bitcoin and Ethereum Prices When Dogecoin Hits $3

However, Yapper also expects Bitcoin to reach between $220K and $260K during this period. With Bitcoin currently priced at $93,183, reaching the projected target would imply an additional 179% price growth.

For the underperforming altcoin king, Ethereum, the technical analyst suggests it could rebound significantly, reaching between $12K and $16K within the next 12 months.

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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20 11, 2024

NOW Wallet Makes Crypto and DeFi Accessible for Newcomers: Review

By |2024-11-20T18:30:14+02:00November 20, 2024|News, NFT News|0 Comments


Introduced in June 2021, NOW Wallet, a multi-currency wallet application for 50+ blockchains, is an integral part of ChangeNOW’s NOW ecosystem.

Image by NOW Wallet

NOW Wallet offers a one-stop solution for buying crypto with fiat, staking PoS coins, cross-chain exchange, NFTs management, and B2B crypto integration.

Where security meets accessibility: What to know about NOW Wallet

NOW Wallet is a secure and intuitive cryptocurrency wallet with DeFi and NFT functions that makes Web3 experiences easier for newcomers and pros.

  • NOW Wallet, a cryptocurrency wallet of ChangeNOW’s NOW ecosystem, launched in beta in 2021 while mainnet operations started in June 2022;
  • Powered by the WalletConnect protocol, NOW Wallet offers crypto storage and transfer instruments for 50 coins and thousands of tokens across seven various blockchains;
  • NOW Wallet’s toolkit features a seamless crypto exchange module, a “Buy/Sell” instrument with fiat support, crypto staking and NFT managing options;
  • Its B2B version unlocks impressive opportunities for integrating crypto assets into e-commerce.
  • NOW Wallet is natively integrated with Web2 economy as it supports fiat payments with Visa/Mastercard, digital payment operators like Apple Pay/Google Pay and so on.

NOW Wallet is available in the form of a desktop application and smartphone apps, which makes it suitable for users with various strategies.

What is a crypto wallet?

Cryptocurrency wallet or crypto wallet is a software service needed to store, receive, send and, in the majority of cases, exchange cryptocurrencies. Basically, it is an interface for the pair of private and public keys from a certain account in blockchain.

On centralized wallets, private keys are stored by the platform, while decentralized (non-custodial) wallets encourage their clients to save private keys and be solely responsible for them. The majority of traders use their accounts on centralized exchanges as crypto wallets.

Cryptocurrency wallets in 2024: B asic components

Despite there being plenty of designs in the crypto wallets sphere, some key components remain necessary.

  1. Key storage. As we mentioned previously, a crypto wallet should either be responsible for keys or allow users to save them;
  2. Exchange module. Modern cryptocurrency wallets have built-in protocols for exchanging cryptos;
  3. Fiat support. Most advanced wallets are integrated with bank cards, digital payments and even wire transfers for secure and streamlined crypto-to-fiat conversion;
  4. NFTs operations. Since non-fungible tokens remain a popular digital asset class, most convenient wallets offer easy-to-use NFT dashboards.

Also, crypto wallets might have dedicated solutions for staking, airdrops, yield farming, portfolio tracking and so on.

What is ChangeNOW and NOW ecosystem?

Centered around the ChangeNOW crypto exchange service, NOW is a holistic ecosystem of cryptocurrency products for individuals and businesses. Its B2C products stack includes ChangeNOW itself, NOW Wallet and the NOW Tracker app.

Related

ChangeNOW Crypto Exchange Ready to Fuel Next Bull Run With High-Speed Transactions: Review

Business solutions by ChangeNOW include the NOWNodes crypto APIs platform for dApps and the NOWPayments processor of digital asset transfers as well as NOWCustody asset storage solution and NOW Launchpad for early-stage cryptos. 

The ecosystem leverages NOW as its core utility token and backbone rewards element.

Inside NOW Wallet, one-stop crypto wallet with staking, swaps and NFTs

NOW Wallet is a powerful and secure crypto wallet with an intuitive interface and an industry-leading range of blockchains supported. In 2024, it offers a comprehensive scope of instruments for a safe journey in blockchain and DeFi.

NOW Wallet: Highlights

NOW Wallet is a multi-blockchain, non-custodial, no-KYC cryptocurrency wallet with built-in exchange, staking, buy/sell crypto and NFTs functionalities. Since its launch in 2021, NOW Wallet has been an integral part of ChangeNOW’s NOW ecosystem of digital economy services.

NOW Wallet leverages the opportunities of the Wallet Connect ecosystem offering seamless access to 50+ coins and 15,000 tokens. 

NOW Wallet prioritizes non-custodial access to crypto: the platform doesn’t store private keys or assets to offer the ultimate level of security. NOW Wallet users are ones responsible for keys management which significantly reduces the attack surface and is aligned with ethos of decentralization.

NOW Wallet is available as a desktop application for macOS, Windows, Linux as well as a smartphone app for iOS- and Android-based devices. The wallet prioritizes accessible and inclusive UX/UI to make the first steps in crypto easier for newcomers during this bull run.

Buying crypto with fiat on NOW Wallet

First of all, NOW Wallet offers a fast, convenient and cost-effective way to purchase your first cryptocurrency with traditional fiat-based payments tools. The platform supports over 60 fiat assets, including USD, EUR, GBP, CHF and all major regional currencies.

NOW Wallet is seamlessly integrated with the bank transfers module, card payments gateway for Visa and Mastercard. Also, it accepts fiat currencies from Google Pay and Apple Pay accounts. NOW Wallet cooperates with leading crypto-to-fiat payment processors for most attractive rates, but keep in mind that these services require users to undergo KYC verification before initiating an exchange.

Exchanging crypto on NOW Wallet

Besides a storage and transfer facility, NOW Wallet offers an understandable and newbie-friendly exchange module. It allows swapping between thousands of tokens on seven mainstream blockchains with no KYC checks. The NOW Wallet exchange is supercharged by ChangeNOW, NOW ecosystem’s first crypto exchange with a powerful cross-chain swaps engine.

Article image
Staking. Image by NOW Wallet

Besides that, NOW Wallet is suitable for staking some PoS cryptocurrencies with no extra services involved. NOW Wallet users can stake their tokens and receive rewards on a single account for maximum resource-efficiency.

Managing NFTs on NOW Wallet

NOW Wallet is one of the most powerful cryptocurrency wallets with support of non-fungible tokens (NFTs) across mainstream standards like ERC-721, ERC-1155 and Solana’s standards. BSC-based NFTs will also be added soon.

Article image
NFTs. Image by NOW Wallet

Thanks to a clear and intuitive interface, the NFTs dashboard by NOW Wallet might be the first go-to service for newcomers in this thriving segment.

Enhancing business opportunities with NOW Wallet

For businesses interested in cryptocurrency integrations, NOW Wallet offers a personalized approach to help partners achieve their specific business objectives. NOW Wallet creates powerful and high-performance crypto payment gateways for gaming, influencer marketing, e-commerce, RWAs issuers and so on.

Besides secure storage and management of cryptocurrencies, NOW Wallet invites all partners to engage in collaborative marketing activities. Teams are able to enjoy fast deposits and withdrawals on NOW Wallet’s B2B instruments.

Bonus: What is ChangeNOW Pro and who needs it?

By joining the Pro ecosystem, new customers gain access to an unmatched toolkit of premium offerings on ChangeNOW and NOW Wallet. As of Q4, 2024, there are one million Pro accounts on both services.

With Pro, cryptocurrency users can enjoy cashback on their operations, utilize their own domains for accepting crypto, benefit from an advanced asset protection regime, earn interest on loans and so on. The most affordable paid packages of Pro mode are only available for $15 per month, which includes 0.1% cashback for any exchange transaction, a 15,000 NOW limit monthly, 40 anti-money laundering checks in a month, a customized domain name and so on. 

Alongside that, all key features and instruments, except private webpages, are available for Free package users. 

Closing thoughts: How to explore bull run opportunities with NOW Wallet

Developed by industry veterans, NOW Wallet is a multi-blockchain cryptocurrency wallet of ChangeNOW’s NOW ecosystem. It offers a seamless and intuitive interface for crypto storage, staking, NFTs, cross-currency swaps and crypto purchasing with fiat money.

NOW Wallet leverages the ecosystem token NOW and unlocks crypto integration opportunities for businesses.



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20 11, 2024

Drinking cocoa or green tea may mitigate stress-induced heart risks from

By |2024-11-20T16:53:51+02:00November 20, 2024|Dietary Supplements News, News|0 Comments


A recent study published in the journal Food & Function found that consuming cocoa or green tea rich in flavanols can mitigate the negative effects of stress and fatty foods on vascular health. Conducted by researchers at the University of Birmingham, the study revealed that drinking flavanol-rich cocoa alongside a fatty meal helps maintain blood vessel function during periods of stress, effectively counteracting some of the harmful impacts of poor dietary choices.

“We know that when people are stressed, they tend to gravitate towards high-fat foods,” said Dr. Catarina Rendeiro, assistant professor in nutritional sciences at the University of Birmingham. “This study shows that drinking or eating food high in flavanols can be used as a strategy to mitigate some of the effects of poor dietary choices on the vascular system.”

The Sun, The Independent, Sky News, and Science Daily were among the websites that reported on the study.

Flavanols are naturally occurring compounds found in various fruits, vegetables, teas, and nuts, including berries and unprocessed cocoa. They are known for their health benefits, particularly in regulating blood pressure and protecting cardiovascular health.

In the study, 23 healthy adults were given a high-fat breakfast consisting of two butter croissants with 10 grams of salted butter, one and a half slices of cheddar cheese, and 250 milliliters of whole milk. After the meal, participants were randomly assigned to consume either a high-flavanol cocoa drink containing 695 milligrams of flavanols or a low-flavanol cocoa drink containing 5.6 milligrams of flavanols.

Following an eight-minute rest period, participants underwent a mental math test designed to induce stress. The test increased in difficulty, and an alarm sounded when incorrect answers were given. “Each time the participants got a wrong answer, they were notified,” according to the release. During the rest and stress phases, scientists measured participants’ blood flow in the forearm, cardiovascular activity, and prefrontal cortex oxygen saturation.

The stress task led to significant increases in heart rate and blood pressure, similar to the stress encountered in daily life. “This stress task induced significant increases in heart rate and blood pressure, similar to the stress you may encounter in daily life,” noted Rosalind Baynham, another author on the study.

Results showed that participants who consumed the low-flavanol cocoa experienced a significant decline in vascular efficiency, with reduced blood vessel function lasting up to 90 minutes after the stressful event. In contrast, those who consumed the flavanol-rich cocoa maintained vascular function even under stress, with significant improvements in blood flow observed at 30 and 90 minutes after the stressful period.

“The high-flavanol drink prevented a similar decline in blood vessel function,” reported the researchers. “This can help us make more informed decisions about what we eat and drink during stressful periods,” added Dr. Rendeiro.

Jet Veldhuijzen van Zanten, Professor of Biological Psychology at the University of Birmingham, emphasized the importance of these findings: “Modern life is stressful, and the impact of stress on our health and the economy has been well documented, so any changes we can make to protect ourselves from some of the symptoms of stress is positive.”


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While the study used cocoa drinks as the source of flavanols, these beneficial compounds are abundant in other foods and beverages as well. “Flavanols are compounds found in various fruits, vegetables, teas, and nuts, including berries and unprocessed cocoa,” explained Baynham. For those who prefer alternatives to cocoa, Dr. Rendeiro suggests consuming green tea, black tea, or berries to achieve a higher dose of flavanols.

Experts recommend a daily intake of 400 to 600 milligrams of flavanols, which can be achieved by drinking two cups of black or green tea or by combining berries, apples, and high-quality, minimally processed cocoa. “For those who tend to reach for a treat when stressed or depend on convenient food because they work high-pressure jobs or are time-poor, incorporating some of these small changes could make a real difference,” suggested van Zanten.

The findings highlight the potential of flavanol-rich foods and beverages to counteract some of the negative effects of stress and fatty foods on cardiovascular health. By making informed dietary choices, individuals may be able to protect their vascular function during stressful periods.

“This can help us make more informed decisions about what we eat and drink during stressful periods,” said Dr. Rendeiro. “Incorporating flavanol-rich foods into the diet can be used as a strategy to mitigate some of the impact of poorer food choices on blood vessels.”

This article was written in collaboration with generative AI company Alchemiq







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20 11, 2024

USD/CAD Price Analysis: Canada Inflation Exceeds Projections

By |2024-11-20T16:38:34+02:00November 20, 2024|Forex News, News|0 Comments

  • Canada’s inflation prices increased by 2.0% in October.
  • The greenback eased after a rally early on Tuesday due to safe-haven demand. 
  • Markets await more clues on the outlook for Fed rate cuts. 

The USD/CAD price analysis shows a bearish shift in sentiment after data revealed that inflation in Canada was higher than expected. Meanwhile, the dollar eased as safe-haven demand caused by Putin’s nuclear announcement faded.

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Data on Tuesday revealed that Canada’s inflation prices increased by 2.0% in October, above estimates of 1.9%. Moreover, it was well above the previous reading of 1.6%. Consequently, traders lowered bets for another super-sized rate cut in December.

Initially, low inflation and poor growth in Canada pushed the Bank of Canada to cut rates by 50-bps in October. Furthermore, markets were pricing a 38% chance of another such move in December. However, after the inflation report, this likelihood fell to 23%. As a result, the Canadian dollar rallied against the dollar. 

On the other hand, the greenback eased after a rally early on Tuesday due to safe-haven demand. Traders rushed for safety after Putin announced a lower threshold for using nuclear power against Ukraine. This change came after Ukraine used US missiles to attack Russia. However, the US made no response, easing fears of a nuclear war and an escalation in the Russia-Ukraine war.  

Meanwhile, markets await more clues on the outlook for Fed rate cuts. Policymakers have maintained a slightly hawkish tone, leading to a decline in bets for a December rate cut. Moreover, looming policy changes under Trump’s administration have changed the outlook for future Fed moves. Upbeat economic data will further support a pause in December. On the other hand, if data comes in line with forecasts or is slightly below, the Fed will cut rates by 25-bps in December.

USD/CAD key events today

USD/CAD technical price analysis: Bears plunge to 1.3951 support

USD/CAD Price Analysis: Canada Inflation Exceeds Projections
USD/CAD 4-hour chart

On the technical side, the USD/CAD price has broken below its bullish trendline, indicating a shift in sentiment. At the same time, the price trades far below the 30-SMA, showing a solid lead by bears. Meanwhile, the RSI trades near the oversold region, suggesting solid bearish momentum. 

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However, bears are facing the 1.3951 support level. A break below this level will allow bears to revisit the 1.3850 level. However, before that, the price might retest the recently broken trendline.

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20 11, 2024

Cardano (ADA) Price Prediction for November 20

By |2024-11-20T16:37:15+02:00November 20, 2024|Crypto News, News|0 Comments

Cover image via U.Today

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.

Bears are getting back in the game, according to CoinMarketCap.

Article image
Top coins by CoinMarketCap

ADA/USD

Cardano (ADA) is one of the biggest gainers today, rocketing by more than 10%.

Article image
Image by TradingView

On the hourly chart, the price of ADA is near the local resistance of $0.8484. If bulls can hold the initiative and the daily bar closes around that mark, growth may continue to the $0.90 range.

Article image
Image by TradingView

From the midterm point of view, traders should focus on the candle’s closure in terms of the $0.8193 level. If the bar closes with no long wick, the accumulated energy might be enough for an ongoing upward move to the $0.90-$0.95 area soon.

Article image
Image by TradingView

From the midterm point of view, the picture is quite similar. At the moment, there are no reversal signals yet; however, one should wait until the weekly bar closes.

Related

XRP Price Prediction for November 19

If it happens around current prices, there is a possibility to see a test of the vital $1 zone.

ADA is trading at $0.8224 at press time.

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20 11, 2024

8 of the Best Fat Burners for Men with Pros, Cons & User Reviews

By |2024-11-20T14:53:14+02:00November 20, 2024|Dietary Supplements News, News|0 Comments


Let’s explore the top supplements—starting with Hunter Burn—so you can find the perfect match for your fitness goals, lifestyle, and budget!

Best Fat Burner for Men in 2025: Quick Overview

  1. Hunter Burn – Best fat burner for men overall
  2. PhenGold – Best fat burner supplement with added nootropics
  3. PrimeShred – Best muscle-building fat burner
  4. Capsiplex BURN – Best thermogenic fat burner for men
  5. PhenQ – Best fat burner with multi-action formula
  6. Instant Knockout Cut – Best fat burner for men in the cutting phase
  7. CalmLean – Best stimulant-free fat burner for men
  8. Burn Lab Pro – Best fat burner for belly fat

What Are Fat Burners?

The best fat-burning supplements for men are designed to help the body aggressively shed those extra pounds. These natural products work in several ways: boosting your metabolism, reducing cravings, or increasing energy levels. Each of these aspects helps you burn calories faster.

Wondering how these supplements work? It all comes down to the ingredients: think caffeine for energy, green tea extract for fat oxidation, and cayenne pepper for increased thermogenesis (a.k.a. heat production). Each ingredient plays a role, working with your body’s natural processes to get you closer to your weight loss goals.

How Do Fat Burners Work?

Let’s take a look at some of the ways that fat burners may adjust your body’s energy use, appetite, and metabolism.

Appetite Suppression

One major way fat burners can assist you is by keeping hunger at bay. If you want to tamp down your cravings, look for the best appetite suppressant UK men can order with research-backed ingredients.

For example, caffeine, fiber, or green tea can help you feel full for longer, reducing the snack cravings that can make weight loss efforts pretty challenging [12]. Less snacking means fewer unnecessary calories and, ultimately, faster progress towards your goals.

Thermogenesis

Thermogenesis involves raising your body’s core temperature so it naturally burns more calories—even while you’re at rest. What are some of the major thermogenesis-boosting ingredients? Cayenne pepper or green tea extract is known to stimulate this process [13] [14].

Think of it as turning up your body’s internal thermostat to melt away calories. Thanks to this process, thermogenic supplements give your metabolism a nudge to break down stubborn fat stores.

Mechanisms of Action

Each fat burner has a unique way of interacting with your body. Some work by releasing hormones like adrenaline, which signals your body to tap into fat stores. Others block the absorption of dietary fat. These mechanisms ensure that the supplement doesn’t just target one pathway but works with several systems for a comprehensive approach to fat loss.

Boosting the Metabolic Rate

What’s a big game-changer for losing weight? Boosting your metabolism! Some fat burners help you burn calories faster. By adding certain ingredients to men’s metabolism boosters, their metabolic rate increases, which helps them burn more calories, even while at rest.

Energy Expenditure

Most fat burners “nudge” your body to spend energy. By improving energy levels—often with stimulants like caffeine—fat burners help you push harder during workouts and stay active throughout the day. Higher activity levels mean more calories burned, turning up the dial on your weight loss efforts.

Fat Oxidation

Fat oxidation is a fancy term for the process of breaking down fat molecules to be used as fuel. Fat burners with green tea extract, Conjugated Linoleic Acid (CLA), or l-carnitine can help in this process, giving your body access to stored fat more effectively [14] [15] [16]. When your body is better at using fat for energy, those stored pounds will likely melt away.

Detailed Reviews of the Each Best Fat Burner for Men in the UK for 2025

Find out everything you wanted and needed to know about each supplement to make an informed decision.

1. Hunter Burn – Best Fat Burner for Men Overall

 

Pros

  • Uses natural, high-quality ingredients to suppress appetite
  • Low-stimulant formula, so it’s not likely to cause jitters or crashes
  • Transparent label with research-backed formula
  • It targets age-related weight loss challenges

Cons

  • Six capsules daily may be a bit too much

Who Is Hunter Burn Best For?

It’s easy to put on pounds as you age, and losing weight becomes harder. Hunter Burn by Roar Ambition is ideal if you need help losing fat while preserving lean muscle. Marketed as the best fat burner for men over 60, it supports your weight loss goals by boosting your metabolism. It’s also a good choice if you prefer a supplement with minimal stimulants or wish to control your appetite.

Ingredients

  • Konjac root
  • White kidney bean extract
  • Matcha green tea
  • Cayenne pepper
  • L-theanine
  • Vitamin D3

Dosage

Hunter Burn is dosed at six capsules per day—two capsules with water, taken three times daily. This consistent intake helps maintain appetite suppression and metabolic support throughout the day, though it may be challenging to fit into your regular routine.

Pricing

  • One month: £65
  • Two months: £130
  • Four months: £195

User Reviews

Hunter Burn has impressed many men in fitness, earning praise on third-party platforms like Trustpilot and Reddit. For instance, Kim Myers on Trustpilot shared that the supplement helped her focus more on workouts rather than food [1]. Another user, Cliente, claimed that he experienced a slight delay in the delivery of the supplement [2].

>>Find the best deals for Hunter Burn today

2. PhenGold – Best Fat Burner Supplement With Added Nootropics

 

Pros

  • A well-balanced formula of clinically-backed ingredients for fat burning
  • Vegan-friendly, free from GMOs, soy, and gluten
  • Includes nootropics for improved mood besides the weight loss benefits
  • Provides a money-back guarantee

Cons

  • Has caffeine, so it’s not appropriate if you’re sensitive to stimulants

Who Is PhenGold Best For?

Does the process of losing weight make you exhausted and affect your focus? PhenGold could be the perfect fit for you. It’s the best fat burner for men that works by balancing metabolism-boosting ingredients with brain boosters to support sharpness and daily endurance while increasing your metabolism and keeping those cravings in check.

Ingredients

  • Green tea
  • Cayenne pepper
  • L-theanine
  • Caffeine
  • Green coffee
  • L-tyrosine
  • Rhodiola rosea
  • DMAE
  • Vitamins B12, B3, and B6
  • BioPerine from black pepper

Dosage

PhenGold’s dosage is three capsules per day, ideally taken around 20 minutes before your morning meal.

Pricing

  • One month (single purchase): $59.99 (no official UK pricing, but it’s a little over £46)
  • One month (subscription): $47.99 (or a little over £37)

User Reviews

Overall, many PhenGold users highlighted experiencing the combination of mental clarity and steady energy while decreasing their appetites. Trish wrote on Amazon that “these pills worked better than any actual diet” ever worked for her [3]. However, Trustpilot reviewer Welshcake wasn’t thrilled about the UPS Import charges when shipping to the UK [4].

>>Find the best deals on PhenGold today

3. PrimeShred – Best Muscle-Building Fat Burners

 

Pros

  • Combines fat-burning thermogenics and mood-boosting ingredients
  • Having no proprietary blends means knowing exactly what you’re getting
  • Free from artificial fillers and preservatives
  • Increases energy levels

Cons

  • It might be overstimulating for some

Who Is PrimeShred Best For?

Serious about getting lean without sacrificing the hard-earned muscles? Built with 12 active ingredients, PrimeShred targets fat loss, keeps energy levels high, and supports muscle retention. With a blend of thermogenic compounds to ramp up calorie burning and nootropic ingredients for improved focus and mood, you’ll feel dialed up through every rep, set, and meal.

Ingredients

  • Green tea extract
  • L-tyrosine
  • Rhodiola rosea root
  • L-theanine
  • Caffeine Anhydrous
  • Cayenne pepper
  • DMAE
  • Green coffee bean extract
  • Vitamin B complex (B3, B6, B12)
  • BioPerine

Dosage

You’ll start with three men’s fat burner pills taken 20 minutes before breakfast each day—on both workout and rest days—to maintain consistent fat burning. The morning timing helps you optimize energy and thermogenesis early in the day.

Pricing

  • One month (single purchase): $59.99 (or slightly more than £46)
  • One month (subscription): $47.99 (or somewhat over £37)

User Reviews

PrimeShred has often earned praise around the internet for its high-quality ingredients and effects. One Amazon reviewer, John, wrote that the supplement’s ingredients delivered solid benefits—working as an appetite suppressant and giving him the energy to push harder in his workouts. However, he also revealed that he didn’t like the pills’ peppery smell [5].

>>Find the best deals on PrimeShred today

4. Capsiplex BURN – Best Thermogenic Fat Burner for Men

 

Pros

  • Helps boost your metabolism and balance glucose levels
  • It may help improve endurance during workouts
  • Designed for both bulking and cutting phases
  • Reduces feelings of hunger

Cons

  • Some reviews say it can cause digestive issues

Who Is Capsiplex BURN Best For?

If you plan to maintain a calorie deficit or focus on strength training, this top fat burner for men who are serious about fitness is tailored to help you slim down while holding onto muscle. Thanks to its dual-action approach to weight loss, Capsiplex BURN blends thermogenic ingredients to “heat up” your body temperature to burn more calories while suppressing your appetite.

Ingredients

  • Capsimax
  • Innoslim
  • Caffeine from green tea and green coffee extracts
  • L-tyrosine
  • L-arginine
  • Vitamins B3, B6, and B12
  • Iodine
  • Chromium
  • Black pepper extract

Dosage

Take three capsules 30 minutes before having breakfast on off days and before exercising on workout days.

Pricing

  • One month: £49.99
  • Three months: £99.98
  • Five bottles: £149.97

User Reviews

A good number of users report high satisfaction with Capsiplex BURN. On r/HealthTrendz, Reddit user r/Fragrant_Tutor8631 wrote that people love the cayenne pepper and caffeine combo during the cutting phase since they can boost energy levels while reducing hunger [6]. Another Redditor, kateForest3, revealed that while she hasn’t tried it yet, she is still curious about it and said she would want to try it in the future [6].

>>Find the best deals on Capsiplex BURN today

5. PhenQ – Best Fat Burner With Multi-Action Formula

 

Pros

  • Addresses weight loss through three primary actions
  • Blocks fats from getting stored in the body
  • Helps you feel fuller between meals
  • 60-day money-back guarantee means less risk for purchase

Cons

Who Is PhenQ Best For?

Do you prefer a multifaceted approach to weight loss? PhenQ promotes thermogenesis, appetite control, and energy boosts. Built with research-backed ingredients, it’s crafted to help men achieve steady progress toward fat loss while avoiding energy dips. It’s especially helpful if you’re struggling with cravings or experiencing low energy when cutting calories.

Ingredients

  • α-Lacys Reset
  • Capsimax powder
  • Chromium picolinate
  • Caffeine Anhydrous
  • Nopal cactus fiber
  • L-carnitine fumarate

Dosage

The recommended dosage is two pills per day—one with breakfast and another with lunch.

Pricing

  • One month: £64.99
  • Three months: £129.99
  • Five months: £194.99

User Reviews

Plenty of users reported positive results with Phenq, including noticeable reductions in weight and waist measurements. On Trustpilot, a user named Juliet said that she lost 50 pounds with the help of PhenQ, which helped curb her hunger pangs and helped her stay “on track” [7]. Nevertheless, some think it’s too pricey, such as one Trustpilot user, Tracey [8].

>>Find the best deals on PhenQ today

6. Instant Knockout Cut – Best Fat Burner for Men in the Cutting Phase

 

Pros

  • Uses natural ingredients with fat-burning effects
  • Designed to aid in fat loss without compromising muscles
  • Has caffeine and l-theanine to enhance energy levels
  • Also includes ingredients that help you feel full for longer

Cons

  • Requires taking four capsules daily at different times

Who Is Instant Knockout Cut Best For?

Instant Knockout Cut is ideal for men aiming to reduce body fat while maintaining muscle mass, such as athletes, bodybuilders, and fitness enthusiasts. It’s also great if you want an energy boost to support intense training sessions. This supplement features thermogenic ingredients, appetite suppressants, and metabolism boosters.

Ingredients

  • Green tea extract
  • Cayenne pepper
  • Glucomannan
  • Caffeine Anhydrous
  • Vitamin D3, B6, B12
  • L-theanine
  • Black pepper extract

Dosage

The recommended dosage is four fat-burning pills for men, one capsule four times daily:

  • 1st capsule: Before breakfast
  • 2nd capsule: Between breakfast and lunch
  • 3rd capsule: After lunch
  • 4th capsule: Before dinner

Pricing

  • One month: £40
  • Two months: £80
  • Four months: £120

User Reviews

Feedback on Instant Knockout Cut is generally positive, with Reddit user Fragrant_Tutor8631 saying on r/HealthTrendz that it’s great for appetite control and energy to get through workout sets [9]. In the same thread, though, SourBeauty said glucomannan (one of the supplement’s ingredients) might cause mild digestive problems [9].

>>Find the best deals on Instant Knockout Cut today

7. CalmLean – Best Stimulant-Free Fat Burner for Men

 

Pros

  • Stimulant-free formula
  • Helps your body burn fat for energy through natural ingredients
  • Controls your appetite to help you stay in a calorie deficit
  • 60-day money-back guarantee

Cons

  • Not as potent as some fat burners with caffeine

Who Is CalmLean Best For?

Are you aiming for slow, sustainable weight loss? CalmLean takes a gentle, natural approach to burning fat. With clinically researched ingredients, it ramps up thermogenesis and helps curb cravings to make calorie control easier. If you’re sensitive to caffeine, it’s one of the best stimulant-free fat burners for men that targets fat and lifts your energy—minus the jitters.

Ingredients

  • Chromium
  • Forslean
  • Capsicum annum
  • BioPerine

Dosage

Pop two capsules per day with a glass of water.

Pricing

  • One month: $59 (or a little over £45)
  • Three months: $169 (or just above £130)
  • Six months: $319 (or just over £246)

User Reviews

CalmLean’s mild formula is great for users who need a gentle boost. On Amazon, Shane wrote that he felt more energetic after taking the supplement, all without affecting his sleep. While he believed it works, he did say that its effects are subtle, which might not be enough for some power users [10].

>>Find the best deals on CalmLean today

8. Burn Lab Pro – Best Fat Burner for Belly Fat

 

Pros

  • Encourages fat loss
  • Helps increase strength and endurance
  • No stimulants like caffeine
  • Vegan-friendly, non-GMO, and natural ingredients

Cons

  • Not as powerful as other products with caffeine

Who Is Burn Lab Pro Best For?

Hoping to slim down your waistline? Burn Lab Pro is seen by many as the best fat burner for belly fat. After all, it supports metabolism, accelerates fat burning, and provides clean energy. Designed for those with an active lifestyle, this supplement is also ideal for men aiming to lose fat without the side effects of stimulant-based fat burners such as jitteriness.

Ingredients

  • HMB
  • ForsLean
  • Capsimax
  • NutriGenesis GTF Chromium
  • BioPerine

Dosage

The company recommends taking three capsules a day. The ideal time is 30 minutes before exercise or with a morning meal on rest days.

Pricing

  • One month: £19.50
  • Two months: £39
  • Four months: £58.50

User Reviews

Redditor Illustrius_Row3651 on r/FathersDayGift mentioned how Burn Lab Pro increases fat burning and increases energy levels [11]. Nonetheless, just like him, a few folks also felt that it was not the cheapest option around [11].

>>Find the best deals on Burn Lab Pro today

Factors to Consider When Choosing the Best Fat Burner for Men

Let’s break down some key things to consider when searching for men’s best fat burner for belly fat.

User Reviews and Ratings

Real user reviews from third-party sources give you the scoop on what to expect from natural fat burners for men. Reading reviews on platforms like Reddit, Trustpilot, and even Amazon is a great way to find out about a product’s actual effectiveness and if there are common issues to watch out for.

A high rating paired with detailed, honest reviews is a great sign that the fat burner you’ve purchased is a great buy. Keep researching to spot the top-rated fat burner for men on Amazon and other online stores.

Ingredient Analysis

The first thing you should consider when picking the best fat burner for men over 50 (or even younger) is what effects you are looking for. So, if you’re looking for energy and metabolism boosters, make sure the supplement has the ingredients that will give you what you need.

You’ll also want to look for formulas that include well-studied compounds like green tea extract, caffeine, cayenne pepper extract, or CLA. Steer clear of anything with long lists of fillers; your body needs quality, effective ingredients without the fluff.

Safety and Side Effects

Of course, fat burners should be safe, not something that sends your heart racing or keeps you up all night. Look for potential side effects in reviews, and check the label for stimulants. Your body may react differently to certain ingredients, so select one that won’t have you feeling jittery or restless.

>>Find the best deals on Hunter Burn today

Common Ingredients Found in Top Fat Burners for Men Explained

Wondering what’s in most top fat burners for men? Here’s an overview of some popular fat burner ingredients:

Caffeine

Everyone knows caffeine is great for that morning wake-up jolt, but did you know it’s also a powerhouse for burning fat? Studies show that caffeine can kickstart thermogenesis, boosting calorie burning by raising body heat [17].

And when it’s time for a workout, the caffeine may help you push through those plateaus, working harder and longer so that you won’t run out of steam.

Cayenne Pepper Extract

Cayenne’s not just there to spice up your food; it’s also one of the well-known fat-burning foods for men. Capsaicin, the key ingredient behind the spicy flavor, fires up fat-burning as well [13]. Capsaicin encourages the body to generate heat, which accelerates the rate at which your body burns calories.

Studies also found that using cayenne pepper extract reduced cravings for fatty, salty, and sweet foods [13]. It also helps users feel full for longer.

Green Tea Extract

Like caffeine, green tea extract is a popular ingredient in men’s fat burners, and it does more than just deliver antioxidants. It’s full of catechins like epigallocatechin-3-gallate (EGCG), which can fire up metabolism and fat oxidation. Research also shows that green tea paired with caffeine can support weight loss by cranking up thermogenesis [14].

L-Carnitine

L-carnitine is a key amino acid in fat-burning, shuttling fatty acids straight to your cells’ energy hubs (a.k.a. mitochondria). Research has found that l-carnitine can boost fat oxidation—especially when combined with fat-burning workouts—making it a strong ally for fat loss and endurance alike [16].

Green Coffee Bean Extract

While still unroasted, green coffee beans are rich in chlorogenic acid, which may slow down fat absorption and help balance glucose levels. This extract can encourage modest weight loss, mainly by improving glucose metabolism and limiting fat buildup over time [18].

Glucomannan

Sourced from konjac root, glucomannan is a fiber that swells in the stomach, giving a natural feeling of fullness. There is evidence that glucomannan supports weight loss, mostly by reducing appetite and promoting satiety [19]. This helps you reduce calories without feeling deprived.

Conjugated Linoleic Acid

CLA is a naturally occurring fatty acid found in meat and dairy. Using this as a supplement—especially with diet and exercise—can help you cut body fat while increasing lean muscle mass [15].

>>Find the best deals on Hunter Burn today

Potential Side Effects of Fat Burners for Men

Of course, there are some safe fat burners with no side effects (or just a few mild ones). However, there’s always somewhat of a risk when taking any supplement.

Hormonal Imbalances

Certain fat burners can mess with hormone levels, especially if they have ingredients that alter testosterone or cortisol. Sudden shifts in these hormones can lead to mood swings, fatigue, or even acne. If you have existing hormone-related health issues, you should talk to your doctor before trying these supplements.

Allergic Reactions

Fat burners often contain plant extracts, stimulants, and fillers. It’s good to note that not every ingredient is suitable for everyone. Allergic reactions can range from mild itching or rashes to more serious respiratory problems. Always read the label carefully and check for any allergens that might be hidden in the ingredients list.

Cardiovascular Effects

Stimulants like caffeine are popular in fat burners but can increase heart rate and blood pressure. For people with heart conditions or high blood pressure, this can pose real risks. Feeling jittery or overly stimulated? It might be a sign to ease up or switch to a lower-stimulant or caffeine-free formula.

Digestive System Issues

Ingredients like green coffee bean extract or fiber-heavy ingredients can sometimes lead to bloating, gas, or even nausea. Your digestive system might need a bit of time to adjust to certain ingredients, so start slowly if you’re new to these products.

Central Nervous System Effects

The high stimulant content in some fat burners can also affect the central nervous system, possibly leading to restlessness, insomnia, or even anxiety. If you’re sensitive to stimulants, it’s a good idea to choose products with minimal caffeine or stimulant-free options.

FAQs on Fat Burners for Men

Let’s take a look at the most asked questions about men’s fat burners.

Do Fat Burners Work?

Yes, these male-centric fat loss supplements work, especially when paired with healthy lifestyle choices. Fat burners provide an extra boost in reaching weight loss goals.

What Are the Best Fat Burners for Men?

The best fat burners combine quality ingredients, solid research, and positive user feedback. Hunter Burn tops our list as the best fat burner for men over 40 (or even below) for clean formula and efficacy.

What Burns the Most Belly Fat for Men?

Aside from taking a fat burner, exercising and eating a healthy diet can help guys reduce belly fat faster. The same tips apply to ladies who are taking quality fat burners for belly fat.

What Is the #1 Weight Loss Pill?

Hunter Burn ranks number one among the top fat burners for men in our guide. Nevertheless, the best weight loss pill depends on each user’s needs and preferences. It depends on whether you need fat burners that boost testosterone, fat burners for men with high metabolisms, or other kinds of supplements targeting different goals.

What Are the Best Fat Burners for Men’s Health?

Supplements that support metabolism, appetite control, and energy boost—like Hunter Burn—are ideal for men’s health and aid in fat loss.

Final Thoughts on the Best Fat Burners for Men

The best fat burner for men can help you get rid of body fat when chosen wisely—especially with quality options like Hunter Burn leading the way. While no men’s fitness supplements are a magic fix, products backed by research and transparency offer extra support in your fitness journey. Just remember, safety comes first, and results come with consistency.

Now that you’ve read our comprehensive review, you’re equipped to pick the best fat burner for your needs and fitness goals!

>>Find the best deals on Hunter Burn today

References:

  1. Kim Myers gave Roar Ambition 5 stars. Check out the full review… (2024, February). Trustpilot. https://www.trustpilot.com/reviews/65bb7b71d521d3f3b9ae2825
  2. cliente gave Roar Ambition 4 stars. Check out the full review… (2021, March 12). Trustpilot. https://www.trustpilot.com/reviews/604b64eef85d75064c3f7d2b
  3. Check out this Amazon review of PhenGold Pills, Original Multi-Action Weight Management Formula with Green Tea & Caffeine, Curb Cravings & Feel Fuller for Longer – 90 Capsules. (2024). Amazon.com. https://www.amazon.com/gp/customer-reviews/R3NZ0W8CQM66NN/ref=cm_cr_arp_d_rvw_ttl?ie=UTF8&ASIN=B0BSV68KTP
  4. Welshcake gave phengold.com 3 stars. Check out the full review… (2023, May 25). Trustpilot. https://www.trustpilot.com/reviews/646f9156d0ca669922802400
  5. Check out this Amazon review of PrimeShred Thermogenic Appetite Suppressant Pills for Men, Triple Action Weight Loss Supplement with Caffeine, Energy Booster for Workouts (90 Capsules). (2024). Amazon.com. https://www.amazon.com/gp/customer-reviews/RZWQMQ3UORD84/ref=cm_cr_dp_d_rvw_ttl?ie=UTF8&ASIN=B0BX3Q3MTM
  6. Reddit – Dive into anything. (2024). Reddit.com. https://www.reddit.com/r/HealthTrendz/comments/1eoaqhg/does_capsiplex_work_has_anyone_tried_their_burn/
  7. Juliet_ gave PhenQ 5 stars. Check out the full review… (2024, April 4). Trustpilot. https://uk.trustpilot.com/reviews/660ee9ed03cca7cb5d1e94a8
  8. Tracie Tooker – Reviews. (2024, September 13). Trustpilot.com; Trustpilot. https://uk.trustpilot.com/users/66e4abfed59c57425e3c9f9b
  9. Reddit – Dive into anything. (2024). Reddit.com. https://www.reddit.com/r/HealthTrendz/comments/1evva84/my_thoughts_on_instant_knockout_cut_20_review/
  10. Check out this Amazon review of PrimeGENIX CalmLean Stimulant-Free Fat Burner | Weight Loss Supplement for Men | Appetite Suppressant, Metabolism Booster | Thermogenic Nutrients | Non-Stimulant Fat Loss Formula. (2024). Amazon.com. https://www.amazon.com/gp/customer-reviews/R2DYL3JQP6A5GL/ref=cm_cr_dp_d_rvw_ttl?ie=UTF8&ASIN=B0BT16JVZ2
  11. (2024). Reddit.com. https://www.reddit.com/r/FathersDayGift/comments/1fbc7f1/burn_lab_pro_review_should_you_buy_it/
  12. Stuby, J., Gravestock, I., Wolfram, E., Pichierri, G., Steurer, J., & Burgstaller, J. M. (2019). Appetite-Suppressing and Satiety-Increasing Bioactive Phytochemicals: A Systematic Review. Nutrients, 11(9), 2238. https://doi.org/10.3390/nu11092238
  13. Ludy, M. J., & Mattes, R. D. (2011). The effects of hedonically acceptable red pepper doses on thermogenesis and appetite. Physiology & behavior, 102(3-4), 251–258. https://doi.org/10.1016/j.physbeh.2010.11.018
  14. Jówko E. Green Tea Catechins and Sport Performance. In: Lamprecht M, editor. Antioxidants in Sport Nutrition. Boca Raton (FL): CRC Press/Taylor & Francis; 2015. Chapter 8. Available from: https://www.ncbi.nlm.nih.gov/books/NBK299060/
  15. Kim, Y., Kim, J., Whang, K. Y., & Park, Y. (2016). Impact of Conjugated Linoleic Acid (CLA) on Skeletal Muscle Metabolism. Lipids, 51(2), 159–178. https://doi.org/10.1007/s11745-015-4115-8
  16. U.S. Department of Health and Human Services. (n.d.-a). Office of dietary supplements – carnitine. NIH Office of Dietary Supplements. https://ods.od.nih.gov/factsheets/Carnitine-HealthProfessional/
  17. Dulloo, A. G., Geissler, C. A., Horton, T., Collins, A., & Miller, D. S. (1989). Normal caffeine consumption: influence on thermogenesis and daily energy expenditure in lean and postobese human volunteers. The American journal of clinical nutrition, 49(1), 44–50. https://doi.org/10.1093/ajcn/49.1.44
  18. Vinson, J. A., Burnham, B. R., & Nagendran, M. V. (2012). Randomized, double-blind, placebo-controlled, linear dose, crossover study to evaluate the efficacy and safety of a green coffee bean extract in overweight subjects. Diabetes, metabolic syndrome and obesity : targets and therapy, 5, 21–27. https://doi.org/10.2147/DMSO.S27665 (Retraction published Diabetes Metab Syndr Obes. 2014 Oct 16;7:467. doi: 10.2147/DMSO.S75357)
  19. Mohammadour, S., Amini, M. R., Shahinfar, H., Tijani, A. J., Shahavandi, M., Ghorbaninejad, P., Djafarian, K., & Shab-Bidar, S. (2020, July 28). Effects of glucomannan supplementation on weight loss in overweight and obese adults: A systematic review and meta-analysis of randomized controlled trials. Obesity Medicine. https://www.sciencedirect.com/science/article/abs/pii/S2451847620300968





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20 11, 2024

1.0600 proves to be a tough resistance to crack

By |2024-11-20T14:37:43+02:00November 20, 2024|Forex News, News|0 Comments

  • EUR/USD trades below 1.0600 in the European session on Wednesday.
  • The ECB will release Negotiated Wage Rates data for the third quarter. 
  • The technical outlook points to a bearish tilt in the near term.

After falling toward 1.0520 in the European session on Tuesday, EUR/USD staged a rebound and closed the day virtually unchanged. The pair, however, lost its traction after meeting resistance near 1.0600 and started to edge lower toward 1.0550.

Euro PRICE This week

The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the weakest against the Canadian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.21% -0.43% 0.93% -0.82% -0.81% -0.36% -0.39%
EUR 0.21%   -0.05% 1.25% -0.50% -0.46% -0.03% -0.07%
GBP 0.43% 0.05%   1.32% -0.45% -0.41% 0.02% -0.02%
JPY -0.93% -1.25% -1.32%   -1.74% -1.66% -1.21% -1.24%
CAD 0.82% 0.50% 0.45% 1.74%   0.03% 0.46% 0.43%
AUD 0.81% 0.46% 0.41% 1.66% -0.03%   0.43% 0.39%
NZD 0.36% 0.03% -0.02% 1.21% -0.46% -0.43%   -0.03%
CHF 0.39% 0.07% 0.02% 1.24% -0.43% -0.39% 0.03%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

The pullback seen in the US Treasury bond yields made it difficult for the US Dollar (USD) to gather strength on Tuesday and helped EUR/USD find a foothold. Nevertheless, the risk-averse market atmosphere on a further escalation of the Russia-Ukraine conflict didn’t allow the pair to extend its recovery.

Later in the session, the European Central Bank (ECB) will release the Negotiated Wage Rates data for the third quarter. In the second quarter, this data came in at 3.53%. A bigger increase in Q3 could help the Euro stay resilient against its major rivals with the immediate reaction. Additionally, ECB President Christine Lagarde will deliver a welcome address at the ECB Conference on Financial Stability and Macroprudential Policy in Frankfurt, Germany.

In the absence of high-tier data releases, the risk perception could drive EUR/USD’s action in the second half of the day. At the time of press, US stock index futures were up between 0.2% and 0.3%. A bullish opening in Wall Street could limit the USD’s gains but investors could refrain from moving towards risk-sensitive assets amid the uncertainty surrounding geopolitics.

EUR/USD Technical Analysis

The Relative Strength Index (RSI) indicator on the 4-hour chart retreated below 50, reflecting a lack of buyer interest. On the downside, immediate support is located at 1.0550 (static level) before 1.0500 (round level).

In case EUR/USD rises above 1.0600 (50-period Simple Moving Average (SMA), Fibonacci 23.6% retracement of the latest downtrend), it could meet next resistances at 1.0670 (Fibonacci 38.2% retracement) and 1.0715-1.0720 (100-period SMA, Fibonacci 50% retracement).

Euro FAQs

The Euro is the currency for the 19 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day. EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY (4%), EUR/GBP (3%) and EUR/AUD (2%).

The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy. The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.

Eurozone inflation data, measured by the Harmonized Index of Consumer Prices (HICP), is an important econometric for the Euro. If inflation rises more than expected, especially if above the ECB’s 2% target, it obliges the ECB to raise interest rates to bring it back under control. Relatively high interest rates compared to its counterparts will usually benefit the Euro, as it makes the region more attractive as a place for global investors to park their money.

Data releases gauge the health of the economy and can impact on the Euro. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the single currency. A strong economy is good for the Euro. Not only does it attract more foreign investment but it may encourage the ECB to put up interest rates, which will directly strengthen the Euro. Otherwise, if economic data is weak, the Euro is likely to fall. Economic data for the four largest economies in the euro area (Germany, France, Italy and Spain) are especially significant, as they account for 75% of the Eurozone’s economy.

Another significant data release for the Euro is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought after exports then its currency will gain in value purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

 

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20 11, 2024

XRP Whales Move 210 Million Coins Amid Cardano Partnership Rumours

By |2024-11-20T14:35:58+02:00November 20, 2024|Crypto News, News|0 Comments

XRP price in the last 24 hours has been bearish after failing to breach the resistance level at the intraday high of $1.14. Amid this price correction, XRP whales have moved over 210 million tokens in two significant transactions. The transfers coincide with rising speculation about a potential partnership between Ripple and Cardano.

XRP Whales Transfer Over $210 Million in Two Transactions

Data from Whale Alert revealed two large XRP whale transactions in the past 24 hours, totalling 210,930,712 tokens. In the first transfer, 110,930,712 XRP (worth approximately $123.59 million) was moved from Binance to an unknown wallet. In the second, 100,000,000 XRP (valued at $110.17 million) was sent between two unknown wallets.

Such large-scale movements of XRP tokens by whales often signal strategic repositioning ahead of major market developments. 

These transactions come as the XRP market shows signs of bullish momentum despite the recent price correction. Analysts are closely watching whale activity, which could hint at upcoming market changes.

The whale transactions also coincide with increased speculation about a possible collaboration between Ripple and Cardano. Consequently, the recent interactions between Ripple CTO David Schwartz and Cardano founder Charles Hoskinson have fueled rumors of a partnership.

Bullish Indicators Persist in XRP Price Trend

Despite recent bearish price action, technical indicators point to potential bullish momentum for XRP. On the 24-hour price chart, XRP has formed a golden cross pattern, with the 50-day moving average (MA) crossing above the 200-day MA. This technical setup is often seen as a sign of a prolonged upward trend.

Additionally, the Moving Average Convergence Divergence (MACD) indicator remains in the positive region, and its histogram suggests growing bullish strength. 

XRP Whales Move 210 Million Coins Amid Cardano Partnership Rumours
XRP/USD 1-day price chart (source: TradingView)

These factors imply that XRP’s current rally may not yet be over, and whales could be positioning themselves for a potential breakout to the upside. Analysts predict that if XRP breaks above $1.14, it could pave the way for further gains.

Analysts Predict Potential XRP Breakout

Amid these XRP Whale developments, crypto analysts remain optimistic about the coin’s long-term prospects. Popular analyst CrediBULL Crypto has projected that XRP could reach as high as $20 during this market cycle. Concurrently, other crypto analysts continue to express confidence in XRP’s long-term potential, citing its historical performance and new market conditions. 

Moon Lambo, a crypto commentator, noted that XRP reached $2 in the last market cycle despite being under regulatory pressure from the SEC. Now, with legal clarity following Ripple’s partial court victory, many believe XRP price could exceed its previous highs.

Moon Lambo remarked, “Isn’t it absurd to think that price won’t be surpassed this cycle now that there is legal clarity?” He also pointed out that XRP delivered a 20x rally in the previous cycle and suggested that this cycle could see even greater gains, as more capital flows into the crypto market.

Subsequently, analysts Moon Lambo has indicated plans to scale out at prices between $5 and $8, with the possibility of holding a portion for a $10 or higher valuation siding with CrediBULL Crypto prediction.

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

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



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20 11, 2024

XAG/USD slumps below $31 as safe-haven demand fades

By |2024-11-20T14:17:07+02:00November 20, 2024|Forex News, News|0 Comments


  • Silver price slides below $31.00 as its safe-haven demand fades.
  • Higher bond yields also weighed on the Silver price.
  • Investors expect the Fed to deliver fewer interest rate cuts in the current policy-easing cycle.

Silver price (XAG/USD) extends its correction below $31.00 in European trading hours on Wednesday after facing selling pressure near $31.50 on Tuesday. The white metal falls back as fresh escalation in the Russia-Ukraine war inspired by President Vladimir Putin’s approval to lowering the threshold for counter attack by nuclear weapons faded after Russian Foreign Minister Sergei Lavrov said the country will “do everything possible” to avoid the onset of nuclear war.

Putin cleared revision in the nuclear doctrine after US President Joe Biden provided the Army Tactical Missile System (ATACMS) to Ukraine and permitted them to launch deep into Russian territory. Historically, demand for safe-haven assets such as Silver, strengthens in times of uncertainty and heightened geopolitical risks.

A sharp recovery in the US Treasury yields has also weighed on the Silver price. 10-year US Treasury yields jump to near 4.42% on expectations of fewer interest rate cuts from the Federal Reserve (Fed) in its current policy-easing cycle. Higher yields on interest-bearing assets increase the opportunity cost of holding an investment in non-yielding assets, such as Silver. The US Dollar Index (DXY), which gauges Greenback’s value against six major currencies, bounces back strongly above 106.60.

Market participants expect the economic agenda of President-elected Donald Trump will boost the United States (US) inflation and economic growth, a scenario that will force the Fed to follow a gradual rate-cut approach.

Silver technical analysis

Silver price stays on track toward the upward-sloping trendline around $29.00, plotted from the February low of $22.30, which also coincides with the 200-day Exponential Moving Average (EMA). The white metal falls back after facing selling pressure near the 50-day EMA, which trades around $31.40.

The asset weakened after the breakdown of the horizontal support plotted from the May 21 high of $32.50.

The 14-day Relative Strength Index (RSI) slides to near 40.00. A bearish momentum will trigger if the RSI (14) sustains below the same.

Silver daily chart

Silver FAQs

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

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

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

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

 



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20 11, 2024

HMO supplements may improve body composition in a weight loss program

By |2024-11-20T12:52:16+02:00November 20, 2024|Dietary Supplements News, News|0 Comments


The study, published in the journal Nutrients, ​found the human milk oligosaccharide (HMO) promoted beneficial changes in resting fat oxidation, peak aerobic capacity, IL-4, and platelet aggregation and improved participants’ ratings of quality of life.

“These findings indicate that 2′-FL supplementation may offer additional benefits to overweight individuals initiating an exercise and weight-loss program,” wrote the researchers from Texas A&M University, University of Memphis, and University of California Davis.

The new results expand the beneficial effects​ of 2′-FL, the most prevalent HMO is human milk.

HMOs and weight management​

Human milk contains over 200 oligosaccharides, which act as prebiotics to stimulate the growth of beneficial bacteria in infants and support their developing immune systems.

However, scientists have become increasingly interested in the potential benefits of HMOs in adult populations to support health and prevent metabolic diseases.

The current researchers noted an anti-obesity property of 2′-FL by promoting fat oxidation and gut barrier integrity. This suggests the potential to counteract decreased resting energy expenditure (REE) that occurs due to reduced lean body mass in energy-restricted weight loss programs. 

As REE decreases, further weight loss can be difficult, highlighting the importance of preserving lean muscle mass.

The new findings confirm that 2′-FL has the potential to preserve muscle mass during weight loss and has positive effects on the gut, lipid metabolism, inflammation, and microbial composition.



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