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20 11, 2024

DAPP Calls for increased funding towards fighting Tuberculosis

By |2024-11-20T08:23:46+02:00November 20, 2024|News, NFT News|0 Comments


Zambia: The Development Aid From People to People in Zambia (DAPP) has asked the government of Zambia to support the reduction of Tuberculosis. The healthcare stakeholders have been working hard to spread awareness about the disease.

The officials have shared that managing this disease is a significant priority for the government and people of Zambia. The officials have shared that it is important for the healthcare stakeholders to support the community in managing this crisis.

The medical experts have shared that better funding into the development of infrastructure for managing the disease will help in ensuring that lesser lives are lost to this health issue. The disease is preventable with medical intervention and timely treatments.

However, it is also significant to note that several communities within the district do not have access to preventive measures and infrastructure.

As such, the government has been asked to step and support initiatives aimed towards the reduction of Tuberculosis (TB) incidence and mortality in Zambia. The disease affects the lungs of a patient and can cause permanent long term damage in case it goes untreated.

Children form a significant part of the country’s statistic which is a significant cause of concern for the people. DAPP Resource Mobilization Officer Jabez Kanyanda says that every year the country records 59 thousand cases of TB. Out of this number 10 percent cases are recorded among the children.

He made these remarks during the TB reach project conference held in Lusaka

According to Kanyanda since they are recording increments in the number of TB cases, the funding toward ending it should also increase. The conference was also attended by other stakeholders working towards elimination of TB

Speaking at the same event Zambia Institute of Mass Communication (ZAMCOM) Lecturer Bestone Ngonga has also asked the media to help in spreading awareness about TB within the communities

Ngonga disclosed that citizens in the community living with TB get stigmatized because of lack of knowledge about the disease. Meanwhile Roster Daka, a mother of a baby who survived from TB thanked DAPP and stakeholders for the TB reach project.



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20 11, 2024

EUR/JPY Forecast Today 20/11: Falls, Bounces Later (Video)

By |2024-11-20T06:33:05+02:00November 20, 2024|Forex News, News|0 Comments

  • The euro tumbled against the Japanese yen on Tuesday, driven by heightened market anxiety over reports of Russia easing nuclear weapon restrictions following Ukraine’s launch of six NATO-provided missiles into Russian territory. 
  • Because of this, there was a rush to safety and Europe wasn’t exactly the place people wanted to run to.
  • So, it all sets up for an obvious trade here.

That being said, it looks like cooler heads have prevailed and the 161.50 yen level has offered enough support to turn things around and form a bit of a hammer. The 163.50 level is an area that’s been like a bit of a magnet for price and previously it had been major resistance. So, the fact that we’re there again does make me very interested in this EUR/JPY pair, as this could be some kind of signal on where we go overall.

If We Can Break Higher

If we can turn around and break above the highs of the trading session on Monday, then we may have the juice to go looking to the 165 yen level, possibly even the 166.50 yen level. Longer term, I still think this pair goes higher, mainly due to the fact that the Japanese have absolutely no way whatsoever to tighten monetary policy in any meaningful manner otherwise, they will trash the Japanese economy.

If there is a run to safety for whatever reason, if we break down below the 161 yen level, then I think the bottom in this pair falls apart. And you probably then start to see Japanese yen strength against pretty much everything. All things being equal though, the Japanese are somewhat stuck. And I think that even the lowly euro will continue to find buyers against it although it might be a choppy road on the way higher.

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

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20 11, 2024

XAG/USD remains below $31.50 after PBoC policy decision

By |2024-11-20T06:11:14+02:00November 20, 2024|Forex News, News|0 Comments


  • Silver price remains subdued as PBoC maintained the benchmark interest rate at 3.1% for November.
  • The demand for safe-haven silver could increase due to heightened tensions in the Russia-Ukraine conflict.
  • The dollar-denominated Silver gained demand as the US Dollar experienced profit-taking selling after a recent rally.

Silver price (XAG/USD) retraces its recent gains, trading around $31.20 per troy ounce during the Asian session on Wednesday. The price of Silver might have faced downward pressure after the People’s Bank of China (PBoC) Monetary Policy Committee (MPC) decided to maintain the benchmark interest rate at 3.1% for November. Higher interest rates in China, a key global manufacturing hub for electronics, solar panels, and automotive components, would likely reduce industrial demand for Silver.

The price of the safe-haven bullion gained ground amid escalating tensions in the Russia-Ukraine conflict. According to a Reuters report late Tuesday, Ukraine deployed US-supplied ATACMS missiles to strike Russian territory for the first time, signaling a significant escalation on the 1,000th day of the conflict. However, market concerns eased slightly after Russian Foreign Minister Sergei Lavrov stated that the government would “do everything possible” to prevent the outbreak of nuclear war.

The dollar-denominated Silver strengthens its demand as the US Dollar (USD) experienced profit-taking selling after a recent rally. This rally was fueled by expectations of fewer Federal Reserve (Fed) rate cuts and optimism about US economic outperformance under the incoming Trump administration. A lower US Dollar makes the precious metals cheaper for buyers with foreign currencies, which increases the Silver demand.

Jeffrey Schmid, President of the Federal Reserve Bank of Kansas City, stated on Tuesday that he expects both inflation and employment to move closer to the Fed’s targets. Schmid explained that rate cuts signal the Fed’s confidence in inflation trending toward its 2% goal. He also noted that while large fiscal deficits won’t necessarily drive inflation, the Fed may need to counteract potential pressures with higher interest rates.

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

Essel Group makes debut in nutraceuticals direct-selling business

By |2024-11-20T04:48:13+02:00November 20, 2024|Dietary Supplements News, News|0 Comments


The product, sold under the name Nutrasulin EZCare Health Essentials, was developed with Ishaanav Nutraceuticals​ which is both a contract manufacturer and brand owner.

Formulated with Hintonia latiflora,​ the capsule product categorised as Food for Special Dietary Use is said to be a “clinically proven formula for the management of type II diabetes.” ​

The Mumbai-headquartered Essel Group branched into direct-selling in April this year with the aim of introducing products that could improve the standard of living to the Indian population.

Its direct-selling business, run by its subsidiary firm Zingool Technologies, sells a range of beauty, health, home, women, and home essential products under the EZCare banner. It also sells ayurvedic products under the brand Sachveda Life Science and Kremlin.

Nutrasulin is the first product that it is selling under its EZCare Health Essential portfolio. It has been made available in the market since October.  

Speaking to NutraIngredients-Asia, ​Vishal Srivastava, director and business head of EZCare, said that the company was expanding into nutraceuticals, with a special interest in blood glucose control due to the rising numbers of diabetics across India.

“There are various products launched in EZCare, there are Ayurveda, home cleaning solutions. ​

“But our biggest launch to date has been Nutrasulin…As you know, India is the world’s second largest diabetic population. Very soon, this second largest population will turn to first. We will be the first country in the world which will have the largest population of diabetic people,” ​he said.



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20 11, 2024

DOGE traders target $0.50 breakout as selling pressure drops 95%

By |2024-11-20T02:29:06+02:00November 20, 2024|Crypto News, News|0 Comments

 

  • Dogecoin price reclaimed the $0.40 level on Monday after a 15% pullback from its three-year peak recorded on November 12.
  • Dogecoin Age Consumed metric declines 95% from last week’s peak, signaling a decline in selling pressure among long-term holders.
  • DOGE Volume Weighted Average Price (VWAP) has moved below the market price, displaying growing short-term demand.  

The Dogecoin price breached the $0.40 resistance on Monday, rebounding from a 15% pullback. On-chain transaction flows observed this week suggest DOGE could be on the verge of another leg-up toward $0.50. 

Dogecoin reclaims $0.40 as selling pressure drops 95%

 On November 14, Dogecoin price rose to a three-year peak of $0.44 amid bullish tailwinds from Trump’s confirmation of Elon Musk’s involvement in the proposed Department of Government Efficiency (DOGE). 

As markets peaked with 185% monthly gains on November 12, traders began locking in profits, which saw DOGE price succumb to a 15% correction before opening trading at $0.37 on Tuesday.

Dogecoin price action | DOGEUSD

However, Dogecoin on-chain transaction flows observed this week suggests the selling pressure has dropped considerably, a move that could potentially trigger another price uptrend. 

Santiment’s Age Consumed metric multiplies tokens traded by the number of days since they were last moved.

This serves as a proxy for monitoring spikes and dips in selling activity among long-term holders. 

Dogecoin price vs. Age consumed | Santiment

As traders began booking profits on November 12, Age Consumed rose as high as 1 trillion DOGE.

Within 24 hours of the spike, the Dogecoin price rally stalled as the long-held coins flooding the markets overshadowed short-term demand. 

However, the selling pressure has now subsided this week as the Age Consumed value fell to 49 billion DOGE at close of Monday, reflecting a 95% drop. 

In simple terms, as decline in the Age Consumed metric implies that a fewer number of long-held tokens are currently being traded.

This could be bullish for Dogecoin price action for two key reasons. 

First, with fewer dormant coins entering circulation, spikes in DOGE demand could trigger rapid price upswings.

Also long-term traders’ reluctance to sell despite triple-digit gains in November could reinforce bullish sentiment among prospective new entrants.

These dynamics suggest that Dogecoin could recover its upward momentum, particularly if new demand outpaces the dwindling short-term supply.

Dogecoin price forecast: All eyes on $0.44 resistance

Dogecoin’s price shows promising bullish momentum with the Volume-Weighted Average Price (VWAP) at $0.395, below the current market price of $0.399. This reflects rising short-term demand as the majority of buyers are now bidding higher prices to get their orders filled rather than wait on market orders.

In terms of short-term price projection, the Donchian Channel indicator shows DOGE faces initial resistance at the $0.44 level, which coincides with last week’s peak. 

Dogecoin price forecast | DOGEUSD

A breakout above the $0.44 resistance would affirm a continuation of the upward trend, possibly targeting $0.50 as the next milestone.

This scenario aligns with the evident accumulation phase as DOGE’s sustained position above the VWAP signifies bullish sentiment dominating the market.

On the downside, Donchian Channels also underline that the midline of the channel at $0.29 now serves as critical support.

Any breach below this level could invalidate the bullish narrative and lead to a correction toward $0.20, the lower channel boundary.

 


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20 11, 2024

Crude Oil Price Forecast: Tests Resistance at 20-Day MA Amid Choppy Trends

By |2024-11-20T02:09:07+02:00November 20, 2024|Forex News, News|0 Comments


Resistance for the Day at 20-Day MA

Since crude seemed to have recognized the 20-Day MA, even though it is contained within a rectangle consolidation formation, today’s high along with the 20-Day line marks near-term resistance. A bullish breakout above the 20-Day line will indicate short-term strength, but within a dominant consolidation pattern.

This means that until crude moves out of the pattern and stays out of it, trading will likely remain choppy with low conviction moves. An advance above the 20-Day line has crude heading towards the top of the pattern at 73.27. Also, there may be some reaction on the approach around the 50-Day MA at 71.19.

Decline Possible Below 67.05

A bearish breakdown from the rectangle triggered on Monday as crude fell below the prior low of the range at 67.05. But following a drop 66.86, buyers stepped in and took back control, which led to today’s high. Monday was a reversal day where the day began with sellers in charge as crude fell to a 47-day low, and it ended with buyers back in charge, reaching a five-day high and ending at a six-day closing high. If crude oil can continue to strengthen above the 20-Day line, the internal downtrend may also provide an indication of strength or weakness.

Bull Breakout Above 73.27

If crude can breakout above 73.27 and continue to strengthen it likely heads towards the 61.8% Fibonacci retracement at 74.60, along with potential resistance from a trendline that marks the bottom boundary of a large symmetrical triangle pattern. Subsequently, the 78.6% retracement at 76.57 along with the 200-Day MA at 77.38, becomes the next higher targets.

Downside Trigger Points to 65.65

Alternatively, a sustained decline below this week’s low of 66.86 has crude first testing support around the swing low of 65.65 from early-September. That low was the lowest traded price for crude oil since May 2023. If it fails to hold as support crude next targets the 63.68 to 63.30 potential support zone, which happens to be around the long-term downtrend line.

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



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20 11, 2024

Why you’re seeing mushrooms in coffee & supplements

By |2024-11-20T00:46:08+02:00November 20, 2024|Dietary Supplements News, News|0 Comments


While mushrooms are filled with potassium, selenium, and antioxidants, if you want to take a supplement you need to ask your doctor first.

GREENSBORO, N.C. — If you hadn’t noticed, mushrooms are having a moment. Along with finding them in the produce aisle, you’ll see them in snacks, broths, supplements, and even coffee and tea.

Consumer Reports says the popularity of these fantastic fungi is well deserved!

John Michelotti leads workshops and walks educating people on everything from foraging and identifying, to learning how to grow mushrooms.

“It is a super exciting time for mushrooms,” said John Michelotti of Catskill Fungi. 

Sales are growing, like, well, mushrooms! And with good reason! While different types of mushrooms have different amounts of nutrients, they are all really good for you.

“Mushrooms can be great sources of potassium, selenium, and antioxidants. Plus, they have some fiber, and some types are rich in vitamin D,” said Trisha Calvo, Consumer Reports. 

Mushrooms have been part of Eastern medicine for thousands of years and are the leading dietary source of ergothioneine, an antioxidant known for its role in supporting the immune system.

Today, people who want to use mushrooms to address specific health concerns typically turn to supplements.

“There has been some preliminary research to support a few of these claims, but what works in a lab or in mice does not necessarily apply to humans. More studies are needed,” said Calvo. 

If you are interested in taking a mushroom supplement, check with your doctor, especially if you have a medical condition – as some can interfere with medications.

Want to try growing your own? The easiest way to get started is to buy a kit online from a mushroom kit company. CR liked these kits from North Spore and Forest Origins.

There are so many varieties to try, each with a unique deep savory flavor, making mushrooms a great substitute for meat. – But there are a few tricks to getting that rich, meaty-umami flavor.

Don’t start off with oil in your pan. Instead, use a little water and cook the mushrooms until they’ve relaxed, and then add a little oil or butter to help them get crispy and brown.

Just keep in mind that nutritionally, mushrooms are much lower in protein than meat, so you may want to pair them with a plant-based protein source.

And mushrooms are a very sustainable food. They grow with minimal water and produce a high yield on a small plot of land!



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20 11, 2024

What History Suggests for ADA Price

By |2024-11-20T00:28:16+02:00November 20, 2024|Crypto News, News|0 Comments

The number of active wallets on the Cardano network has decreased by 29,976 in the past 13 days amid retail profit-taking as larger holders accumulate assets.

Recent data from market intelligence platform Santiment reveals a decline in active wallets across several top-cap cryptocurrencies. This trend is often linked to fear, uncertainty, doubt (FUD), or capitulation among less experienced traders.

According to Santiment, these conditions may paradoxically act as bullish indicators as long-term holders tend to accumulate assets during such periods.

Cardano Wallet Decline After Major Price Pump

For Cardano, the network has seen a decrease of 34,931 wallets over the past month, representing a 0.78% drop. Notably, in just the last 13 days, 29,976 wallets became inactive.

Santiment attributes this pattern to short-term profit-taking among retail investors as it coincides with major price gains. Notably, ADA has surged by over 108% in the last two weeks, reclaiming its yearly highs. However, the rally is cooling as ADA stalls around $0.7326.

Santiment noted that historically, retail traders tend to lock in profits when bullish momentum builds, which explains the decline in ADA wallets. Meanwhile, Santiment data suggests that the decline in wallets aligns with long-term accumulation by larger holders.

Essentially, the downward trend in wallet activity is a positive sign for ADA’s long-term price prospects. As retail investors dump their holdings on small gains, whales, with a long-term perspective, buy back the tokens.

Bitcoin and Dogecoin Follow Patterns

Bitcoin (BTC) has also experienced a reduction of 15,120 wallets in just the past four days. Similarly, Dogecoin (DOGE) saw a steep decline of 24,456 wallets within a single day. 

Image

Both assets exhibit patterns consistent with retail traders exiting positions after significant gains. Santiment notes that such reductions in wallet activity can often be a bullish sign, suggesting long-term price stability.

History Supports Bullish Predictions

In addition to wallet activity, historical analysis of Cardano offers insights into potential price trajectories.

Analyst Ali Martinez recently projected that ADA could surge by over 713%, reaching $6 by late 2025. Martinez’s prediction is based on similarities between the current market cycle and Cardano’s rapid growth during the 2020-2021 bull run.

Other analysts, including Ben Armstrong, have also weighed in on ADA’s future, estimating a price peak of $5 if market conditions remain favorable. 

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

Natural Gas Price Forecast: Eyes Sustained Breakout as Bullish Momentum Builds

By |2024-11-20T00:08:16+02:00November 20, 2024|Forex News, News|0 Comments


Will Breakout Confirm?

The advance today triggered a breakout of the closest prior swing high in the series of lower swing lows at 3.02. Once there is a daily close above 3.02, assuming further bullish moves, an upside breakout of a large symmetrical triangle pattern will have confirmed the breakout. In addition, today’s rally triggered a likely continuation of the bull trend that started from the August swing low, as there is now a higher swing high. A daily close above the 3.02 high also will confirm the continuation of that trend. A confirmed breakout indicates that there is a greater chance for a continuation of the move.

Upside Looks Towards 3.35

Once the price structure of the triangle is busted with a higher swing high, previous higher swing highs become a target. And a confirmed breakout above either will provide another sign of strength. The first is 3.16 from the peak in June. Given the potential improvement in momentum once a breakout is confirmed that price target may easily be surpassed leading to 3.22.

However, that is a short-term target as it is derived from the most recent rising ABCD pattern (light blue) that shows price symmetry between the two swings at that target. Further up is a price zone of potential resistance from 3.35 to 3.45. An ascending ABCD pattern (purple) reaches its target at 3.35. At 3.39 there is a match with resistance seen at the January peak, while there is an extended ABCD target at 3.42. The range ends with the target from a large rising ABCD pattern at 3.45.

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



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19 11, 2024

Drinking some types of cocoa and green tea can help body after eating fatty foods

By |2024-11-19T22:45:09+02:00November 19, 2024|Dietary Supplements News, News|0 Comments


A new study may offer welcome news to both cocoa and green tea drinkers: Compounds in high-flavanol cocoa as well as in green tea offer protection to the body after a person eats fatty foods when stressed. 

“We know that even just one isolated episode of mental stress can impact the elasticity of blood vessels, which can last for up to 90 minutes,” Catarina Rendeiro, assistant professor in nutritional sciences at the University of Birmingham in the U.K., said via email to Fox News Digital. She is the lead author of the study. 

When people are stressed, she said, they tend to crave foods with a higher fat content. 

SAN FRANCISCO’S SOURDOUGH IS ‘CULINARY SYMBOL’ AND PART OF 49ERS CULTURE

“We showed previously that the combination of stress and fatty foods prolongs the negative impact of stress in the blood vessels,” she said. 

Her latest study, however, shows that drinking certain beverages can combat the negative effects. 

The compounds in high-flavanol cocoa as well as in green tea can protect the body from the effects of consuming fatty foods, according to a new study.  (iStock)

“If you combine the fatty food with a drink rich in flavanols, it prevents the effect of stress and fat combined,” she said — which “can be used as a strategy to mitigate some of the impact of poorer food choices on blood vessels.” 

To test this theory, Rendeiro and her colleagues fed a group of healthy adults a breakfast of “two butter croissants” with 10 grams of salted butter, 1.5 slices of cheddar cheese and 250 milliliters of whole milk. Rosalind Baynham, another author on the study, shared those details in a news release published by the University of Birmingham.

The groups were given either a high-flavanol cocoa or a low-flavanol cocoa drink as well, Baynham said.

COFFEE VS. MATCHA TEA: WHAT DOES YOUR MORNING DRINK CHOICE SAY ABOUT YOU?

A flavanol, Baynham said, is “a type of compound that occurs in different fruits, vegetables, tea and nuts — including berries and unprocessed cocoa.” 

These compounds, she said in the release, have known cardiovascular health benefits. 

After eating their breakfasts and having a brief rest period, the participants were given a mental math test, which increased in speed over the duration of eight minutes. Each time they got a wrong answer, they were notified, the release said. 

Two butter croissants rest on a plate beneath a cloth napkin on a wooden table.

The participants in a new study were given a breakfast of croissants plus a cocoa drink — then proceeded to take a math test.  (iStock)

The participants were monitored both during the rest period and during the math test. 

“This stress task induced significant increases in heart rate and blood pressure, similar to the stress you may encounter in daily life,” the release said. 

The study found that the group that consumed the low-flavanol drink had reduced vascular function for an hour and a half after the test was over. 

For more Lifestyle articles, visit www.foxnews.com/lifestyle

However, “the findings showed that the cocoa drink high in flavanols was effective at preventing the decline in vascular function following stress and fat consumption,” according to the release.

The results, Rendeiro told Fox News Digital, “can help us make more informed decisions about what we eat and drink during stressful periods.” 

Little kids drinking hot chocolate

Drinking high-flavanol cocoa drinks can prevent vascular function decline in stressful situations, according to a new study.  (iStock )

Rendeiro also recommends high-quality, minimally processed cocoa powder. 

In addition to lowering blood pressure, it appears that certain types of cocoa, according to a previous report in Healthline, have other properties that may reduce the risk of heart attack and stroke.

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Flavanol-rich cocoa “improves the level of nitric oxide in your blood, which relaxes and dilates your arteries and blood vessels and improves blood flow,” the publication has noted.

While the U.K. participants were given cocoa drinks as their flavanol consumption during the study, it is not the only source of the compounds, Reindeiro said. 

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“The scientific community recommends a daily intake of 400 to 600 mg/day of flavanols, which can be achieved, for example, by consuming two cups of black or green tea or [having] a combination of berries, apples and high-quality, minimally processed cocoa,” she said.



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