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19 11, 2024

GBP/USD Forecast Today 18/11: Looking for Support (Video)

By |2024-11-19T00:13:41+02:00November 19, 2024|Forex News, News|0 Comments

  • The British pound initially did try to rally during the trading session on Friday but gave back gains as it looks like we continue to struggle overall.
  • The 1.2650 level is an area that’s been important multiple times in the past, so I think it does make a certain amount of sense that it could offer support.
  • But having said that, we have plunged over the last week or so, especially after the election in the United States as the US dollar is king again.
  • Between the 1.2650 level and the 1.25 level, I think you’ve got an area that could be rather supportive, and a bounce from here would make a certain amount of sense mainly due to the fact that we’ve just sold off so much.

Interest Rates and More

Interest rates in America are to blame as to why the US dollar continues to strengthen as well as investment in US indices, because quite frankly, US indices continue to be the better performing ones in the world from a longer term perspective, dwarfing most others. So with that being said, I think you still have an argument for the US dollar, but whether or not we just fall from here, or if we get another bounce is the real question.

On a move to the upside, I’d be looking to fade any rally, especially if we get anywhere near the 200 day EMA, which is closer to the 1.2850 level. The Bank of England has been somewhat hesitant to cut rates, but they did recently. So it’ll be interesting to see what the trajectory there is. Federal Reserve comments coming out suggesting that perhaps the Americans might have to pause on any rate cuts. So, the game begins. We’ll have to wait and see how this plays out, but it certainly looks very negative at this point.

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19 11, 2024

Cardano Price Predictions – Can Cardano Make an Impressive Leap to Reach a New All-Time High?

By |2024-11-19T00:11:58+02:00November 19, 2024|Crypto News, News|0 Comments

Known for it research-centric and peer-reviewed approach, Cardano was introduced in 2017 by Charles Hoskinson, one of Ethereum’s co-founders.The platform’s goal is to establish a scalable and secure infrastructure tailored for decentralized applications (dApps).

As of November 17, 2024, Bitcoin is trading at $90,522, which marks a 12.55% increase from the previous week, though it’s down slightly by 0.13% from the day before. Yet, many crypto investors are now turning their sights to altcoins like Cardano (ADA).

Currently trading below the $0.8 mark, Cardano would need an exceptional surge to surpass its all-time high (ATH) of $3.10, recorded on September 2, 2021.

But if you’re late for ADA’s gains, PlutoChain($PLUTO) is just about to launch its new token, offering an intriguing case with its unique Bitcoin Layer 2 Solution.

Let’s see what’s it all about.

Cardano Price Prediction – Can Cardano Reach the $1 Mark in 2025?

Cardano leverages the Ouroboros proof-of-stake (PoS) consensus, which prioritizes energy efficiency and minimizes environmental impact, which differentiates it from proof-of-work (PoW) systems such as Bitcoin.

Cardano (ADA) is expected to show moderate price fluctuations over the short term. Currently, Cardano is in a bullish phase with its price nearly reaching the $0,8 mark.

By 2025, ADA might push past the$1 mark, with anticipated price ranges between $0.86 and $1.32. Such growth would likely be driven by increasing adoption, more decentralized applications (dApps) built on the platform, and enhancements in scalability.

The medium-term forecast for Cardano suggests more significant growth potential. By 2026, experts believe ADA’s price could sit between$1.17 and $1.79, with an average around $1.35.

What Else Could We See with ADA?

Key drivers for this include ongoing development, partnerships, and improvements to its ecosystem like better scalability and interoperability. By 2030, there’s a broader forecast ranging from $2 to $2.78, based on Cardano’s technological advancements and possible mainstream adoption.

What Else Could We See with ADA

Long-term predictions for ADA are more speculative. Cardano’s potential to exceed $5 or more by the 2030s hinges on its ability to remain innovative, adapt to market trends, and carve out a bigger slice of the blockchain market.

Success would also depend on greater integration of blockchain into global finance. In the meantime, PlutoChain ($PLUTO) could be worth a look.

PlutoChain ($PLUTO) – Bridging Bitcoin’s Security with DeFi Innovation Through EVM Compatibility

PlutoChain ($PLUTO) is an innovative blockchain project aiming to merge the well-established security of Bitcoin with the advanced capabilities of decentralized finance (DeFi).

Unlike many other blockchain projects, PlutoChain operates as a Layer-2 solution built on Bitcoin, focusing on enhancing scalability, transaction speed, and reducing network fees.

This approach is designed to overcome Bitcoin’s current limitations, such as the inability to support smart contracts and DeFi applications. ($PLUTO) isn’t directly part of the meme coin industry, but it offers significant support for launching meme coins on the Bitcoin network.

By providing a Layer-2 solution on Bitcoin, ($PLUTO) enables the creation and deployment of various tokens, including meme coins, with lower fees and faster transactions.

PlutoChain

What sets PlutoChain apart is its goal of integrating Bitcoin with decentralized applications (dApps) and smart contracts, making Bitcoin a more versatile platform.

PlutoChain achieves this by offering Ethereum Virtual Machine (EVM) compatibility, allowing developers to seamlessly migrate Ethereum-based dApps to PlutoChain’s network, thus enabling Bitcoin to tap into the thriving DeFi ecosystem.

The Extraordinary Mix of Bitcoin’s Security and the Flexibility of Ethereum’s Ecosystem

PlutoChain($PLUTO) has garnered considerable attention from the crypto community recently. Currently, PlutoChain is in the presale phase, offering its native token, $PLUTO, at a starting price of $0.101.

It could be a good option for those who want to be involved in new projects from early on. Early investors are being encouraged to join before the presale price increases, with subsequent stages likely to see the token’s value rise.

Extraordinary Mix of Bitcoin’s Security

The presale’s success is due in part to the strong foundation PlutoChain is building, including a clear allocation plan for token distribution: 20% for presale, 35% for marketing, and 20% for development.

Security is another key focus for PlutoChain, which has undergone an audit by SolidProof. This audit process ensures the network’s smart contracts and overall system remain secure, protecting users and investors alike.

PlutoChain

The Key Point

Cardano has been gaining momentum lately, thanks to its ongoing development and a clear focus on creating a sustainable blockchain.

As more projects start to utilize its platform, many expect ADA’s value to rise significantly, potentially reaching new highs as its ecosystem continues to grow.

Meanwhile, PlutoChain ($PLUTO) is quickly capturing attention with its ambitious goal to become the first Layer 2 solution for Bitcoin.

Backed by a strong and motivated team, the presale has already sparked significant interest, and if things go as planned, PlutoChain could see impressive growth in the near future, making it a project to keep an eye on.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article

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19 11, 2024

Web3 Gaming Trailblazer Big Time Studios Announces $OL Token for the OpenLoot Gaming Platform

By |2024-11-19T00:06:10+02:00November 19, 2024|News, NFT News|0 Comments


Austin, United States, November 18th, 2024, Chainwire

Big Time Studios, a Web3 gaming trailblazer and creator of the Open Loot platform and hit game Big Time, which has already processed a half billion dollars in total transaction volume, is making waves again. Active users of the Open Loot platform will soon be able to collect $OL, the marketplace’s first utility token, which will become the cornerstone of the Open Loot.

“We’re flipping the script on token launches. Instead of the usual fundraising frenzy, the launch of $OL is about giving back to our incredible community of players and game developers. From lower transaction fees and exclusive premium currency bundles to invite-only early access to Open Loot games, special NFT sales, tokens in-game drops during exclusive gameplay, and in-game perks,” said Ari Meilich, the visionary founder behind Big Time Studios

Designed to supercharge the Open Loot platform, $OL will boost user acquisition and drive engagement across all Open Loot games and products by delivering substantial utility to Open Loot users, from guardianship to exclusive benefits like better deals and early access to games and events to collecting in-game rewards. 

$OL Token

$OL token is not a fundraising mechanism. This launch is fair: there are no token sales, team-allocated tokens, or tokens sold to early investors. Open Loot users can collect $OL=ugh various activities within the platform. Players actively engage in unique game opportunities with partners, completing challenges and participating in unique events. For loyal players, the $OL tokens will provide users with early access to games, opportunities to purchase unique NFTs, and discounts on special premium currency packs and NFT primary sales.

For game developers, $OL is a powerful tool for user acquisition. Developers can leverage the token to reward players for in-game activity, such as reaching milestones or dropping tokens in-game, which will drive engagement. Limited-timed events can attract users to Open Loot partner games and create exposure for the game and the ecosystem. $OL fosters more profound connections between developers and their audiences, giving developers the power to offer players significant value through competitive, social, and metagame features and targeted promotional offers that enhance player engagement.

The potential uses for $OL are vast and will define engagement and innovation across the platform. $OL will foster trust in the Open Loot platform and marketplace, extend reach beyond traditional off-chain models, and lead the way for the Web3 gaming industry, opening up a world of opportunities for players and studios.  

Open Loot Platform

Big Time Studios’ Open Loot gaming platform and marketplace has facilitated nearly half a billion dollars in transactions since early 2024. This achievement stems from Open Loot’s ability to simplify complex cryptocurrency functions, scalability, distribution, payments, and regulatory compliance for developers. The marketplace boosts NFT discoverability and sales while providing various payment options.

Players enjoy high-quality games without typical Web3 issues like connecting a crypto wallet, paying gas fees, or waiting for transactions. Patented Vault technology allows easy NFT buying and selling without high gas fees, with the option to mint them onto the blockchain. The platform includes features like NFT rentals, a marketplace for non-crypto game currencies, and detailed NFT price histories, making Web3 gaming accessible. Game studios benefit from ready-to-use tech solutions, including game launchers and premium currencies. Open Loot also provides expert support in marketing, game economy design, and production, ensuring developers can meet player expectations and achieve success.

Open Loot platform manages all foundational elements, overseeing the sales and leasing of digital and traditional items for Big Time, the wildly successful free-to-play multiplayer action RPG, and five pioneering launch partners, each curating distinct Web3 gaming experiences. World Shards, an expansive sandbox MMORPG; Boss Fighters, an engaging multiplayer action title; The Desolation, an immersive cross-platform loot shooter; ShatterPoint, an adrenaline-fueled F2P action mobile RPG; and One Tap, a strategic first-person shooter. Positioned to redefine the gaming sector, Open Loot will focus on high-caliber mid-core to hardcore games.

First Half of 2024 Success

Since the start of 2024, the Open Loot platform has experienced growth driven by its vibrant community and excellent partners. So far, Underscoring Open Loot’s successful quarter was the exchange of over 1,067,103 NFTs and 1,551,969 NFT rentals. This year, more than 226,588 players have crafted more than 3,625,725 NTFs showcasing the platform’s dynamic and engaging ecosystem.

Since it opened, Open Loot has amassed over $445,167,044 in total transaction volume, with millions of transactions signaling the platform’s escalating popularity and triumph.

Users can visit https://openloot.com/ for more details.

About Big Time Studios

Big Time Studios, founded by Ari Meilich, is a pioneering force in the crypto gaming industry, renowned for its innovative Open Loot platform and the hit game Big Time. With a mission to revolutionize the NFT gaming experience, Big Time Studios seamlessly integrates high-quality games with blockchain technology, offering players unparalleled gaming experiences. The curated Open Loot platform gives developers the opportunity to reach a wider audience and drive engagement through unique in-game rewards and events, while players benefit from exclusive access to high-quality games, special NFT sales, in-game perks and airdrops. Big Time Studios’ Open Loot platform has facilitated nearly half a billion dollars in total transaction volume, underscoring its commitment to creating a dynamic and engaging ecosystem for gamers worldwide. For more information, visit Big Time Studios’ website.

Contact

CMO
Michael Migliero
Big Time Studios LTD
press@bigtime.gg



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18 11, 2024

XAU/USD gives signs of life and reclaims $2,600/oz

By |2024-11-18T23:52:57+02:00November 18, 2024|Forex News, News|0 Comments


  • The US Dollar loses momentum along with the Trump-led rally.
  • Geopolitical jitters dominate the backdrop at the beginning of the week.
  • XAU/USD manages to make a U-turn and reclaim the $2,600 barrier.

After six consecutive days of losses, Gold prices manage to regain some balance and trim part of the recent intense pullback, reclaiming the $2,600 mark per troy ounce and above in quite a positive start to the new trading week.

The favourable backdrop in the precious metal also appears propped up by another negative day in the US Dollar (USD) as market participants keep re-assessing the recent Trump-infused strong rally, while the lack of a clear direction in US yields across different time frames also gives the yellow metal fresh legs.

However, the resurgence of the geopolitical factor, precisely from the Russia-Ukraine war, seems to be mostly behind the wake-up call in the metal, particularly after Biden’s administration “authorised” Ukraine to use US-made weapons to strike Russian territory.

Moving forward, it should be a week dominated by data releases surrounding the real economy worldwide, where the publication of preliminary PMIs is expected to take centre stage. In addition, opinions from central bank officials are also seen keeping investors entertained, especially after Fed’s Chair Jerome Powell suggested last week that the central bank is in no rush to cut its interest rates further given a resilient US economy.

On another front, non-commercial players (speculators) have reduced their net long positions in Gold to about 236.5K contracts, a level not seen since early June, according to the CFTC Positioning report for the week ending November 12. This retracement also came in tandem with the second straight drop in open interest, aligning with the recent decline.

XAU/USD short-term technical outlook

The daily chart for XAU/USD shows that it bounced from a bullish 100 Simple Moving Average (SMA) near $2,550, a region close to the November low ($2,536). However, the initial hurdle above $2,600 coincides with a Fibo retracement of the yearly rally and is expected to offer decent resistance.

In the near term, and according to the 4-hour chart, the ongoing upward correction seems poised to continue. The Relative Strength Index (RSI) rebounded but met resistance around the 55 level, while the Average Directional Index (ADX) around 32 is not supportive of a strong trend.

Initially, on the upside, emerges the 55-SMA at $2,630, which precedes the more significant 200-SMA and the provisional 100-SMA at $2,679 and $2,684, respectively. On the other hand comes $2,536.



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18 11, 2024

U.S. Dietary Supplements Market is set for a Potential Growth

By |2024-11-18T22:31:48+02:00November 18, 2024|Dietary Supplements News, News|0 Comments


U.S. Dietary Supplements Market

U.S. Dietary Supplements Market Report from Archive Market Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include,

{Amway, Abbott, Bayer AG, Glanbia plc., Pfizer Inc., Archer Daniels Midland, GlaxoSmithKline plc., NU SKIN, Herbalife Nutrition, Nature’s Sunshine Products Inc., DuPont de Nemours Inc., NOW Foods

Free Sample Report + All Related Graphs & Charts @: https://www.archivemarketresearch.com/report/us-dietary-supplements-market-307/sample-report?utm_source=OpenPR/utm_medium=Rahul

The U.S. Dietary Supplements Market size was valued at USD 5.35 billion in 2023 and is projected to reach USD 7.89 billion by 2032, exhibiting a CAGR of 5.7 % during the forecasts period.

Market Drivers:

Increased health consciousness, rising disposable income, and government awareness campaigns are key drivers.

Market Trend:

Key trends include the rise of personalized nutrition, the adoption of natural and organic ingredients, and the growing popularity of e-commerce channels.

Enquire for customization in Report @: https://www.archivemarketresearch.com/report/us-dietary-supplements-market-307/enquiry-before-buy?utm_source=OpenPR/utm_medium=Rahul

In this research study, the prime factors that are impelling the growth of the Global U.S. Dietary Supplements market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The U.S. Dietary Supplements market study is being classified Type: OTC, Prescribed}

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global U.S. Dietary Supplements market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

Read Detailed Index of full Research Study at @ https://www.archivemarketresearch.com/report/us-dietary-supplements-market-307/checkout?type=corporate?utm_source=OpenPR/utm_medium=Rahul

Extracts from Table of Contents

U.S. Dietary Supplements Market Research Report

Chapter 1 U.S. Dietary Supplements Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Revenue (Value, Volume*) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type

Chapter 7 Global Market Analysis by Application

………………….continued

This report also analyzes the regulatory framework of the Global Markets U.S. Dietary Supplements Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

Contact Us:

Craig Francis (PR & Marketing Manager)

Archive Market Research

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

Phone: +1(201) 7937323, +1(201) 7937193

sales@archivemarketresearch.com

About Author:

Archive Market Research is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

This release was published on openPR.



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18 11, 2024

EUR/USD Forecast: Mild Recovery Within Bearish Trend

By |2024-11-18T22:13:13+02:00November 18, 2024|Forex News, News|0 Comments

  • EUR/USD forecast remains neutral with no clear bias.
  • Easing Fed’s dovishness keeps the US dollar strong.
  • Market awaits impetus to break out of current range. 

The EUR/USD forecast remains neutral for the day as the economic calendar is light and trading activity is thin. The pair attempted to gain some ground from Friday’s lows but failed to sustain the gains at 1.0570. The broader dollar strength overshadows the recovery in risk assets.

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Geopolitics has again taken center stage with renewed heat from the Russia-Ukraine crisis.  Hence, the risk-off sentiment favors the US dollar and keeps pressure on the Euro. Moreover, the fear of a trade war between the European Union and the US has also deteriorated Euro’s outlook.

After Trump’s victory, market analysts have revised their forecast for the US dollar in 2025, expecting a sharp growth in the currency. Fed’s dovish bets have also eased as the rate cut path could be slowed down. Fed Chair Jerome Powell said he cannot predict Trump’s policy guidance on the future rate cuts. He also said that the economic indicators have not sent signals to ramp up rates. The inflation is slowly moving towards a sustainable 2% target that could help us attain a neutral rate.

Key Events to Watch

There is no significant event on the calendar today. However, the market participants may be looking for some fresh clues in today’s speech of ECB Chir Lagarde regarding monetary policy.

EUR/USD Technical Forecast: Rangebound behavior

EUR/USD Forecast: Mild Recovery Within Bearish Trend
EUR/USD 4-hour chart

The EUR/USD forecast remains elusive as buyers attempt to stay above the 1.0500 mark but fail to sustain the gains beyond 1.0570. The 4-hour chart shows the price remains in a tight range starting from Nov 13th. The pair is perhaps looking for a fresh impetus to break out of the range on either side.

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The 30-SMA lies above the price, showing a sustained bearish momentum, while the RSI has moved up to 40.0 level which indicates the pair is out of oversold condition and the downside momentum may continue.

Technically, the pair needs acceptance above 1.0600 to initiate a bullish momentum, while breaking the 1.0500 mark may bring strong selling towards the 1.0450 area.

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18 11, 2024

XRP Price Prediction After $1 Hit And 3 Penny Cryptos That Could Explode Next

By |2024-11-18T22:11:27+02:00November 18, 2024|Crypto News, News|0 Comments

The extreme bull market euphoria has driven even the often-tepid XRP to form 100% weekly green candles. 

The XRP price secured its first weekly close above $1 since October 2021. However, a long-short ratio below 1 and the formation of a descending wedge raise concerns about the possibility of a bullish continuation. 

Meanwhile, smart money investors are expecting a rally in penny crypto to end the year. For instance, there is a strong uptick in demand for Slerf, Pepe Unchained, Flockerz and other low-cap meme coins. 

XRP Price Prediction – What’s Next, $2 or $0.66?

Donald Trump’s landmark victory in the recent U.S. presidential election has fostered a favourable environment for XRP, boosting investor confidence in regulatory clarity and driving hopes for mainstream adoption.

With Trump’s win, there is now a strong possibility of Chair Gary Gensler’s exodus from the US Securities and Exchanges Commission, with his replacement expected to be strongly pro-crypto. 

The Gensler-led SEC recently appealed Judge Torres’ initial ruling, asserting that XRP’s parent company, Ripple, violated the Securities Act through its programmatic sales. A pro-crypto chair could potentially broker a favourable agreement with Ripple, bringing an end to the commission’s prolonged legal battle with the company. 

It is not without any reason that Robinhood recently listed XRP on its platform after notoriously de-listing the cryptocurrency following the SEC’s lawsuit. 

There have also been reports that Ripple and its CEO Brad Garlinghouse have met with President-elect Donald Trump and his team, which has also boosted the XRP price and improved its long-term prospects. 

However, smart money investors are being careful of a short-term correction in the token price. For instance, its price chart is creating a falling wedge, which could result in a pullback to $0.92, XRP price prediction from popular trader CryptoBull reveals. 

If Bitcoin sees a period of extended downside, the XRP price could retest the key multi-year $0.66 S/R level. Meanwhile, the long-short ratio for XRP-tracked derivatives has dipped below 1, signalling that traders are anticipating a short-term correction in the token. 

However, the broader overall trend remains distinctly bullish. Experts believe that any dip below the $1 mark presents an excellent opportunity to buy the dip, considering that the XRP price is still trading 70% below its all-time high of $3.84. 

3 Penny Cryptos That Could Explode Next

The macro environment remains highly conducive to strong growth in risk assets. A Republican supermajority in the United States, monetary easing in major economies including the United States and China and the increased adoption of Bitcoin has resulted in extreme market euphoria. 

Unsurprisingly, penny cryptos, low-cap meme coins and new crypto launches are in high demand. 

In this article, we list three trending penny cryptocurrencies that could explode next and deliver outsized returns to end the year. 

Pepe Unchained (PEPU)

Pepe Unchained is one of the most-hyped low-cap meme coins and has already raised over 35 million in its presale phase. 

There is a significant possibility that the PEPU ICO will raise over $50 million before its highly-anticipated launch on December 13th. 

The meme coin is adding over $1.5 million to its presale figure daily, thanks to a strong whale interest in it. A deep-pocketed investor now has over 100 ETH invested in PEPU, worth over $300k. 

Pepe Unchained is a high-utility project and is aiming to be a key player in the meme coin supercycle. It is launching a Layer-2 ecosystem designed specifically for meme coin trading, a two-click launchpad called Pepe’s Pump Pad on Ethereum and a native staking protocol, with PEPU at the core of the ecosystem.

Unsurprisingly, experts are bullish on PEPU’s upside potential, with some even eyeing up to 700x gains. 

Flockerz (FLOCK)

Flockerz is another strong candidate for the next penny crypto to explode. 

The FLOCK presale has already raised over $2.2 million, signalling strong upside potential for its launch. 

The meme coin was in high demand from the very start of its ICO. However, it saw a major boost following Binance’s push for more decentralized projects in the meme coin sector. 

Indeed, Flockerz has branded itself as “the people’s meme coin”, thanks to its DAO governance and vote-to-earn platform. All FLOCK holders will be members of the Flocktopia DAO and decide the direction of the project with their votes on all key issues including marketing initiatives, new feature launches and exchange listing. 

In exchange, they will receive free FLOCK tokens. Moreover, presale Flockerz buyers can already stake their coins and earn an annual reward rate of over 900%. 

Owing to its unique value proposition, there is growing speculation among prominent traders that FLOCK could be the next 100x meme coin. 

Slerf (SLERF)

Slerf, one of the most remarkable presale launches in crypto history, is gearing up for another explosive rally. 

For the uninitiated, the SLERF developer accidentally burned the entire presale token supply. While disastrous for the presale buyers, it meant that a project with widespread popularity had no early buyers that could dump their holdings on late joiners. 

Unsurprisingly, the meme coin price skyrocketed by 5000% in an hour.

The sloth-based meme coin is now all set for a major comeback. The SLERF price is up by 130% over the past two weeks, despite a 13% correction today. Moreover, it has a market capitalization of just $178 million. 

Legendary trader Bluntz believes that Slerf could see an explosive rally in the coming week and could offer up to 5x returns.

The information in this article is provided by one of our commercial partners. 18+ only.



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18 11, 2024

USA EIA Reveals Latest Henry Hub Gas Price Forecast

By |2024-11-18T21:51:25+02:00November 18, 2024|Forex News, News|0 Comments


The U.S. Energy Information Administration (EIA) has revealed its latest Henry Hub natural gas spot price forecast for 2024 and 2025 in its November short term energy outlook (STEO), which was released recently.

According to its latest STEO, the EIA now sees the Henry Hub spot price averaging $2.17 per million British thermal units (MMBtu) this year and $2.90 per MMBtu next year. In its previous STEO, the EIA projected that the Henry Hub spot price would average $2.28 per MMBtu in 2024 and $3.06 per MMBtu in 2025.

In its November STEO, the EIA forecast that the commodity would come in at $2.37 per MMBtu in the fourth quarter of 2024, $2.84 per MMBtu in the first quarter of 2025, $2.45 per MMBtu in the second quarter, $3.01 per MMBtu in the third quarter, and $3.29 per MMBtu in the fourth quarter.

In its October STEO, the EIA projected that the Henry Hub spot price would average $2.81 per MMBtu in the fourth quarter of 2024, $3.16 per MMBtu in the first quarter of 2025, $2.59 per MMBtu in the second quarter, $3.13 per MMBtu in the third quarter, and $3.35 per MMBtu in the fourth quarter.

“U.S. natural gas prices fell in October as natural gas consumption declined from September, production remained relatively unchanged, and storage inventories ended the month six percent above the five-year (2019–2023) average,” the EIA said in its latest STEO.

“The U.S. benchmark Henry Hub natural gas spot price averaged $2.20 per MMBtu in October, four percent lower than the September average of $2.28 per MMBtu,” it added.

In the November STEO, the EIA outlined that October’s natural gas demand drop was “led by a 14 percent (six billion cubic feet per day) decline in consumption in the electric power sector, offsetting an increase in consumption in the residential and commercial sectors”.

“Even though consumption in the electric power sector was down month over month in October, it was 13 percent higher than the month’s five-year average,” the EIA stated.

The organization said in the STEO that high power sector demand for natural gas reflected lower natural gas prices and higher air-conditioning use in parts of the United States experiencing extended summer-like conditions.

“We expect the Henry Hub price to rise in the next three months and to average more than $2.80 per MMBtu in the first quarter of 2025,” the EIA highlighted in the November STEO.

“We expect prices to average $2.90 per MMBtu for all of 2025, or 33 percent higher than the 2024 average of $2.20 per MMBtu, mainly because of increased liquefied natural gas (LNG) exports,” it added.

“Our forecast includes LNG exports increasing by nearly two billion cubic feet per day next year with continued strong international demand for LNG as export capacity expands,” it continued.

41% Year on Year Growth Projection

A BMI report sent to Rigzone by the Fitch Group this morning showed that BMI expects the Henry Hub price to average $2.4 per MMBtu in 2024, $3.4 per MMBtu in 2025, $3.8 per MMBtu across 2026 and 2027, and $4.0 per MMBtu in 2028.

A Bloomberg Consensus included in that report projected that the commodity will average $2.4 per MMBtu this year, $3.4 per MMBtu next year, $3.7 per MMBtu in 2026, $3.8 per MMBtu in 2027, and $4.0 per MMBtu in 2028.  

“We maintain our Henry Hub price forecast this quarter, expecting a substantial, 41 percent year on year growth in average prices to $3.4 MMBtu in 2025, from $2.4 MMBtu in 2024,” BMI analysts stated in the report.

“This growth will be primarily driven by growing demand for natural gas from the U.S. LNG sector, as we anticipate three new terminals to commence operations between now and the end of 2025,” they added.

“We also expect weaker net gas imports from Canada which will further tighten the U.S. market,” they continued.

In the report, the analysts warned that the upside is set to be weakened by accelerating natural gas production growth in the United States.

“That said, we recognize growing downside risks to the 2025 price forecast stemming from downside risks to the domestic and Mexican natural gas demand and upside risks to natural gas production stemming from improved sentiment in the U.S. upstream market in the light of the election victory of the former President Donald Trump,” the analysts noted.

“His policies could also impact our forecasts beyond 2025, raising risks to our view,” they added.

In a research note sent to Rigzone last Friday by the JPM Commodities Research team, J.P. Morgan projected that the U.S. natural gas Henry Hub price will average $2.37 per MMBtu in 2024 and $3.50 per MMBtu in 2025.

The company sees the commodity averaging $2.75 per MMBtu in the fourth quarter of 2024, $3.55 per MMBtu in the first quarter of 2025, $3.10 per MMBtu in the second quarter, $3.55 per MMBtu in the third quarter, and $3.80 per MMBtu in the fourth quarter, the note highlighted.

A report sent to Rigzone last Tuesday by Standard Chartered Bank Commodities Research Head Paul Horsnell showed that the company expects the nearby future NYMEX basis Henry Hub price to average $3.20 per MMBtu in the first quarter of 2025, $3.50 per MMBtu across the second and third quarters, $2.80 per MMBtu in the fourth quarter, and $3.25 per MMBtu overall next year.

Main NatGas Theme? Storage

In an exclusive interview with Rigzone, Frederick J. Lawrence, the ex-Independent Petroleum Association of America (IPAA) Chief Economist, said storage was the main natural gas theme by last week’s end but highlighted that “there are some encouraging demand signals related to demand, weather, and LNG”.

“Natural gas prices dropped toward the end of last week following a bearish EIA storage report that showed a 42 billion cubic foot net increase for the week ending November 8,” Lawrence told Rigzone, noting that storage is relatively comfortable at this point in the year after a spate of warmer than normal weather across most of the United States.

“As per the EIA report, natural gas storage was 158 billion cubic feet higher than last year at this time and 228 billion cubic feet above the five-year average,” he added.

Lawrence highlighted to Rigzone that the EIA natural gas weekly report for the week ending November 13 “showed that gas demand was up 4.9 percent last week with residential and commercial demand rising 23.8 percent compared to the previous week”. 

The ex-IPAA Chief Economist also noted that the EIA natural gas weekly report showed that natural gas exports rose 1.4 billion cubic feet per day.

“Higher international gas prices resulted from colder weather in Northeast Asia and Europe in addition to supply risk related to Russian gas flows to Austria,” Lawrence highlighted.

Lawrence also told Rigzone that, in the U.S. market, “some of the election-related impact on certain commodities and equity segments faded by the end of the week with the market more concerned with caution on future interest rate action”. 

In a separate exclusive interview with Rigzone, Jim Krane, a Research Fellow at Rice University’s Baker Institute, said traders got a surprise last week with more gas in storage than expected.

“As the Permian oil production gets gassier over time, we may get more such surprises,” Krane warned.

To contact the author, email andreas.exarheas@rigzone.com





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18 11, 2024

Karallief® Introduces KaraCalm™: A Clinically Studied Herbal Ingredient to Support Better Sleep and Stress Management |

By |2024-11-18T20:30:46+02:00November 18, 2024|Dietary Supplements News, News|0 Comments


BOSTON, Nov. 18, 2024 /PRNewswire/ — Karallief® Inc, a leader in developing innovative clinically backed herbal extract ingredients with over 30 patents (9 granted and 21 patents pending), today announces the launch of KaraCalm™, a cutting-edge advance in natural sleep and stress support supplement backed by scientifically validated clinical research. The study confirmed that this innovative formula offers a safe, natural, alternative to sleep supplements like melatonin, demonstrating significant improvements in sleep quality and stress management in just 14 days.

A rigorous 56-day randomized, double-blind, parallel, placebo-controlled study involving 60 healthy adults revealed remarkable improvements in sleep quality and stress markers. Study participants taking KaraCalm ™ reported:

Improvement in Sleep:

  • 39% increase in total sleep time (gaining over 2 hours of sleep)
  • 70% decrease in time needed to fall asleep (from 18 to 5 minutes)
  • 42% decrease in duration of nighttime wakefulness
  • 53% decrease in number of awakenings after first falling asleep
  • 10% increase in sleep efficiency

Reduction in Stress:

  • 40% decrease in perceived stress levels scores
  • 30% decrease in serum cortisol
  • 64% decrease in stress-related inflammation markers (hs-CRP)

“KaraCalm™ represents a significant advancement in natural sleep support and stress management,” says Dr. Vrushali Gersappe, MD (Sleep Specialist). “Unlike synthetic alternatives, KaraCalm’s™ unique blend of standardized herbal extracts works with the body’s natural sleep mechanisms, offering a safe, long-term solution for better sleep and stress management. KaraCalm™ showed remarkable results in the clinical studies using objective datapoints – like the Actiwatch sleep measurements and blood markers like cortisol and hs-CRP. Very few dietary supplements are clinically studied and even the ones that are clinically studied usually only have subjective questionnaire and not objective data. This makes KaraCalm™ unique”.

While other sleep supplements can lead to unwanted side effects and potential dependency, KaraCalm™ offers a natural approach that supports the body’s inherent sleep and stress response systems. The recommended daily dosage of 500mg has been clinically proven to produce meaningful improvements within two weeks of use.

For more information on KaraCalm™, please visit https://www.karacalm.com/.

The statements in this press release have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease. These products are not offered for sale to consumers. The products and information included here are only intended for manufacturers for professional product development purposes. 

About Karallief ®, Inc. 

Based in the U.S., Karallief® Inc. researches, develops and distributes combination herbal extract formulas to formulators around the world in the dietary supplement, skincare and food industries. Karallief® has over 30 international patents (9 patents granted and 21 patents pending). For more information and to learn about Karallief’s other clinically studied herbal extract blends, please visit www.karallief.com. 

Media Contact:

Alysha Eipperle

(419) 351-9881

386436@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/karallief-introduces-karacalm-a-clinically-studied-herbal-ingredient-to-support-better-sleep-and-stress-management-302308883.html

SOURCE Karallief® Inc.



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18 11, 2024

Plunges to 6-Month Low (Chart)

By |2024-11-18T20:11:36+02:00November 18, 2024|Forex News, News|0 Comments

  • The British Pound’s resilience against the strong US Dollar has not lasted long.
  • Over the past six trading sessions, the GBP/USD has been subjected to selling, starting from the resistance level of 1.3008.
  • Reaching the support level of 1.2596, the lowest level for the currency pair in six months, and closing the week’s trading stable around the level of 1.2617.
  • Technically, we mentioned that the movement of the pound sterling/dollar price below the psychological level of 1.3000 would give the bears momentum and thus prepare for stronger downward breaches, which is what actually happened.

The British Economy: Least Affected by Trump

With Trump’s victory, talk has increased about renewed trade wars and tariffs between global economies led by the United States. However, economic experts have stated that Trump’s policies may have a limited impact due to strong British service exports and the level of the goods trade deficit with the United States. Services are usually exempt from trade wars. Conversely, experts believe that the strength of the US economy under Trump will boost Britain if it increases the value of service exports.

Future of the Cautious Bank of England Policy

Moreover, Expectations have increased that the Bank of England’s policies will remain cautious after the recent announcement that inflation rates in the country rose above the bank’s target. According to the results of the economic calendar data, the British consumer price index may rise this week by an annual rate of 2.2%, according to the average forecast of 24 Bloomberg surveys. This is up from 1.7% last month, when it fell below the Bank of England’s 2% target for the first time in more than three years. At its last meeting, the Bank of England delivered a second interest rate cut by a quarter of a percentage point and sent no indication that rapid easing might be necessary. This came as the stance is more conservative than that of the neighbouring euro zone, and is in line with the calm tone adopted by US Federal Reserve Chairman Jerome Powell recently.

Technical forecasts and signals for the GBP/USD pair today:

Technically, the downward trend of the GBP/USD is gaining strength. The continued strength of the US dollar may give the bears the opportunity to move to stronger support levels, the closest of which is currently 1.2520, then 1.2440, and then 1.2300, which is important for moving technical indicators towards oversold levels. You can consider buying GBP/USD from both the second and last levels without taking risks and activating take-profit and stop-loss orders to ensure the preservation of the trading account. According to recent trades, the pound sterling is recording its worst extended losing streak in 10 years, falling by 2% last week alone, marking the seventh consecutive week of losses.

You can get more GBP/USD signals and free live trading recommendations exclusively on our website.

As for the performance of technical indicators, the Relative Strength Index (RSI) is on the verge of the 30 level, which confirms its proximity to oversold levels. Therefore, currency traders will be watching for new buying opportunities. As for the MACD indicator, it is also heading towards oversold levels. Ultimately, the Stochastic indicator is settling well below the 20 level and is waiting for a rebound upwards.

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