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1 08, 2025

EUR/USD Forecast Today 01/08: Attempts to Bounce (Chart)

By |2025-08-01T15:59:46+03:00August 1, 2025|Forex News, News|0 Comments

  • The Euro rallied just a touch during the trading session on Thursday, as we continue to see a lot of noisy behavior.
  • The market has recently seen a whole lot of downward pressure, especially now that the Federal Reserve seems to be more hawkish than anticipated, and therefore it’s likely that the US dollar will continue to be stronger overall.
  • Contrast that with the Euro, which has seen a trade deal with the United States, which quite frankly, is not very good for Europe.

Breakdown?

Because of this, we have to ask the question as to whether or not we are about to see a breakdown. The market broke down below the 1.15 level, and the 50 Day EMA, both of which are very negative turns of event. The market being sub 1.15 is rather telling, and I think you’ve got a situation where people are going to be looking for some type of continuation. The jobs number on Friday could be the next catalyst, we don’t know, but quite frankly if the jobs number comes out hotter than anticipated, this will be yet another reason to think that the Federal Reserve will stay hawkish and stay away from cutting rates. On the other hand, the Europeans have to deal with quite a bit of energy dependence on the United States, and that’s something that we may have to watch from a longer-term standpoint.

On the other hand, if we were to break out to the upside, it’s not until we recapture the 50 Day EMA at the very least that I would consider buying. In that environment, we would probably see the US dollar drop significantly against most currencies, not just the Euro. Ultimately, this is a situation where it’s likely that the Euro would just be benefiting from US dollar weakness rather than any real strength at that point. Ultimately, I think this is a market that continues lower if the jobs number comes out significantly higher than the expected 106,000 jobs added in the United States.

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Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

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1 08, 2025

Matcha Madness: Why Indians Are Switching from Chai to Green Tea

By |2025-08-01T15:54:48+03:00August 1, 2025|Dietary Supplements News, News|0 Comments









Matcha Madness: Why Indians Are Switching from Chai to Green Tea – Asian Community News


























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1 08, 2025

Cardano (ADA) Price Prediction for August 2

By |2025-08-01T15:49:00+03:00August 1, 2025|Crypto News, News|0 Comments

Cardano price has entered a critical phase as it trades at the apex of a long-term symmetrical triangle, with rising volatility and downside pressure dominating the short-term charts. Cardano price today is down over 13% on the week, slipping below $0.74 and testing lower support zones as bearish momentum takes hold.

What’s Happening With Cardano’s Price?

ADA price forecast (Source: TradingView)

The weekly chart shows ADA pressing against the convergence point of a multi-year symmetrical triangle. Price failed to break the descending resistance from the 2021 all-time high and is now approaching the triangle support trendline near $0.68. The macro pattern is close to resolution, and the breakout direction could set the tone for the remainder of Q3.

ADA price forecast (Source: TradingView)

On the daily chart, Cardano price action shows a clear Change of Character (CHoCH) after a breakdown from the July rally peak near $0.87. The price has entered a red supply zone, and Parabolic SAR dots remain above price, indicating that bears continue to control the momentum.

Why Cardano Price Going Down Today?

ADA Spot Inflow/Outflow Data (Source: Coinglass)

T…

The post Cardano (ADA) Price Prediction for August 2 appeared first on Coin Edition.

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1 08, 2025

NFT Sales Surge 47.6% in July Driven by Ethereum Growth

By |2025-08-01T14:00:58+03:00August 1, 2025|News, NFT News|0 Comments


NFT sales surged to $574 million in July 2025, marking the second-highest monthly total of the year and reflecting a 47.6% increase compared to June’s $388.9 million [1][2][3]. The growth was primarily driven by Ethereum-based collections, which accounted for $275.6 million in sales—nearly half of the global total—while Ethereum NFT sales rose by 56% during the same period [6]. High-value collections such as CryptoPunks and Pudgy Penguins dominated the market, with the former generating over $69.2 million in 30-day trades [8].

Despite the impressive sales figures, the number of active buyers dropped by 17% in July, falling to 713,085 from 860,134 in June, while the number of sellers increased by 9% to 405,505 [8]. This trend indicates a market consolidation, with fewer participants making larger, more significant transactions. The average sale price for NFTs reached $113.08, the highest in six months [8], further underlining a shift toward premium assets and high-value trades.

The overall NFT market capitalization rose 21% in July, reaching over $8 billion [8], coinciding with Ethereum’s price moving above $3,900. The connection between ETH’s price rally and NFT sales was highlighted by analysts, who noted that higher valuations encourage greater investment in high-value NFTs [8]. In contrast, Cardano’s NFT sales doubled, while Polygon and Binance Smart Chain NFTs experienced over 50% declines, signaling Ethereum’s growing dominance in the NFT ecosystem [8].

NFT transactions for the month fell by 9% to 5 million from June’s 5.5 million [8], reinforcing the notion that the market is evolving toward fewer but more valuable trades. This trend suggests a maturing market where institutional and large investors are increasingly influencing activity.

Looking ahead, while there were no major public statements from industry leaders post-July, key opinion leaders emphasized the ongoing sectoral consolidation and premiumization. Historical patterns suggest that such concentration often emerges during bull cycles, potentially leading to stronger regulatory and financial outcomes in the future [8].

The July data highlights the growing interdependence between NFT value and blockchain price movements, particularly Ethereum, as well as a broader shift toward capital consolidation in the NFT space.

Source:

[1] Binance – https://www.binance.com/en/square/post/27691700569825

[2] AInvest – https://www.ainvest.com/news/ethereum-news-today-ethereum-nft-sales-surge-56-july-market-shifts-high-assets-2507/

[3] Crypto – https://crypto-economy.com/nft-sales-rise-in-value-but-drop-in-users-market-consolidation-ahead/

[4] TradingView – https://www.tradingview.com/news/cointelegraph:dd4230b46094b:0-nft-sales-surge-to-574-million-in-july-second-highest-in-2025/

[5] Happy – https://happycoin.club/en/cryptoslam-v-iyule-obyom-prodazh-na-rynke-nft-vyros-do-574-mln/

[6] AInvest – https://www.ainvest.com/news/ethereum-news-today-nft-sales-jump-47-6-july-2025-driven-premium-purchases-ethereum-growth-2507/

[7] MEXC – https://www.mexc.com/news/nft-sales-reached-574-million-in-july-the-second-highest-in-the-year/63109

[8] X – https://x.com/ICODrops/status/1950884687263469938



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1 08, 2025

Copper price hits the target– Forecast today – 1-8-2025

By |2025-08-01T13:59:57+03:00August 1, 2025|Forex News, News|0 Comments


Copper price continued to form bearish trading, to reach the target at $4.2600 forming an intraday support against the current trading, despite the main stability within the bullish channel’s levels, the attempt of providing negative momentum from the main indicators that might push the price to press on the current support, while breaking it will extend the losses to $4.1600 reaching the support of the bullish channel at $4.0550.

 

Reminding you that activating the bullish attack again requires forming several bullish waves, to settle above $4.7400 level, to ease the mission of recording several gains that might begin at $4.9800.

 

The expected trading range for today is between $4.1600 and $4.6200

 

Trend forecast: Bearish





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1 08, 2025

The GBPJPY takes advantage from the positive pressures– Forecast today – 1-8-2025

By |2025-08-01T13:58:49+03:00August 1, 2025|Forex News, News|0 Comments

Copper price continued to form bearish trading, to reach the target at $4.2600 forming an intraday support against the current trading, despite the main stability within the bullish channel’s levels, the attempt of providing negative momentum from the main indicators that might push the price to press on the current support, while breaking it will extend the losses to $4.1600 reaching the support of the bullish channel at $4.0550.

 

Reminding you that activating the bullish attack again requires forming several bullish waves, to settle above $4.7400 level, to ease the mission of recording several gains that might begin at $4.9800.

 

The expected trading range for today is between $4.1600 and $4.6200

 

Trend forecast: Bearish



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1 08, 2025

FDA’s approach on fluoride supplements is misguided

By |2025-08-01T13:53:35+03:00August 1, 2025|Dietary Supplements News, News|0 Comments


One of the most important lessons from the Covid-19 experience is that absolutes in scientific discourse are the exception. Science evolves as both controlled clinical research and real-world evidence show us how to use health care technologies to better advance the human condition.

Such a tool is fluoride. Extensively studied over decades, fluoride has been scientifically validated for its effectiveness in reducing dental cavities, particularly in children. It is incorporated into municipal water supplies, toothpastes, mouth rinses, and dietary supplements. The benefits of fluoride writ large far outweigh its risks, but no health care intervention is ever 100% risk-free. It’s the Food and Drug Administration’s job to ensure the safety, efficacy, and quality of fluoride-containing drugs and supplements based on robust scientific analysis and regular post-marketing surveillance.

This past May, the FDA announced, in a cart-before-the-horse statement, that it intends to remove fluoride supplements from the market effective October 2025, after a safety review is completed. According to the FDA, this safety review applies to “ingestible fluoride prescription drug products” — not toothpaste, mouth rinses, or other topical products containing fluoride. But what is the point of a safety review if the agency has already made up its mind? Instead of this pale imitation of a scientific inquiry, it should use a new AI tool at its disposal to actually answer any questions about safety.

According to the American Dental Association, “A review of the studies offered as referenced by U.S. Department of Health and Human Services do not in fact demonstrate any harmful effects for the concentrations of fluoride prescribed by physicians and dentists.” But HHS Secretary Robert F. Kennedy Jr. said in a statement from the department, “Ending the use of ingestible fluoride is long overdue. … This decision brings us one step closer to delivering on President Trump’s promise to Make America Healthy Again.” But shouldn’t the decision be made after the scientific review?

On July 23, the Reagan-Udall Foundation, in cooperation with FDA, held a public meeting to gather input on the clinical use and safety concerns associated with orally ingestible unapproved prescription drug products containing fluoride for use in children. The meeting was a reminder of how contentious the issue remains within both the scientific community and the FDA. Both sides of the issue were present, and the panel discussions were, at times, tense.

Susan Winckler, chief executive officer of the Reagan-Udall Foundation, had the difficult task of moderating panels that included both advocates for fluoride supplementation and its detractors. Emotions ran high. During one heated exchange, while trying to maintain a modicum of civil and scientific discourse, Winckler had to remind one speaker, “Sir, let’s illustrate versus interrogate.”

Under debate are a subset of fluoride-containing products, available only through prescription by a licensed health care professional, that are marketed and used without FDA approval. While it is uncommon, some drugs available by prescription are not FDA-approved for safety and efficacy. Often, these “unapproved” drugs are available with a prescription because they were available before current approval processes were in place. Many of these medications were on the market before 1962, when the FDA first started requiring manufacturers to show that a new medication was safe and effective for its intended use.

Prescription fluoride drops and tablets for ingestion were first marketed in the United States in the 1940s to prevent dental caries, particularly in children who lived in areas with low or no water fluoridation. Although these products are still prescribed today, none have been reviewed and approved by FDA for safety, effectiveness, or quality. Over the years, numerous medical and dental organizations in the United States have recommended the use of ingestible fluoride products for those for whom regular topical treatment is difficult to achieve and those for whom topical fluoride only is insufficient to avoid dental decay.

These unapproved drugs present complex challenges for public health, especially for vulnerable populations like children, who are at greater risk for both the benefits and potential harms of fluoride exposure.

Formally withdrawing medical products requires a lengthy rulemaking process that can take years. It is likely that the FDA will ask manufacturers to voluntarily pull their products.

Rather than peremptorily removing these products from the market under the auspices of a predetermined outcome by anonymous reviewers, the FDA should convene a publicly announced blue-ribbon panel of experts. Nominated by both sides of the debate, they should robustly and transparently discuss and deliberate the risks and benefits of these medicines, while simultaneously fielding a comprehensive study of pediatric electronic health records to help determine the real-world outcomes of these unapproved — but often highly effective interventions.

Perhaps parts of this analysis could be augmented by the capabilities of Elsa, the FDA’s highly touted artificial intelligence program. Elsa is a large language model–powered AI tool designed to assist with reading, writing, and summarizing. It can summarize adverse events to support safety profile assessments, perform faster label comparisons, and generate code to help develop databases for nonclinical applications.

In our current age of misinformation, senior leaders of our public health establishment urge us to “do our own research,” leading to emotionally charged anecdotes often trumping legitimate scientific inquiry. Such is certainly the case with fluoride — and particularly with the use of unapproved prescription drug products containing fluoride in pediatric populations. But the plural of anecdote isn’t data.

In the absence of solid evidence to the contrary, public health sentiments — and public health actions — are being driven by stories rather than science.

According to FDA Commissioner Makary, “When it comes to children, we should err on the side of safety.” Certainly. But actions based on anecdotal evidence are actions based on emotion rather than science. It is important to note that no serious or robust data exists to support the contention that these products pose a threat to public health. But, in fairness, absence of evidence is not evidence of absence. And, as more states and municipalities consider removing fluoride from their water supply, alternatives become ever more important to maintain the dental health of America’s children.

Rather than rashly removing fluoride products that are only available through the advice and counsel of learned and licensed expert medical intermediaries, the FDA should seek to advance the science, based not on political pressure, but on sound science. The FDA must allow the science of fluoride to evolve.

As the Yiddish proverb reminds us, “If you can’t bite, don’t show your teeth.”

Peter J. Pitts, a former FDA associate commissioner, is president of the Center for Medicine in the Public Interest.



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1 08, 2025

XRP Soars 400% Amid SEC Case Speculation and ETF Hopes

By |2025-08-01T13:48:01+03:00August 1, 2025|Crypto News, News|0 Comments

XRP has recently regained significant attention in the cryptocurrency market, with rising investor sentiment and positive developments in the broader digital asset landscape. As of late July 2025, XRP has surged by over 400% since November 2024, trading near a historic monthly close in the $3.40–$3.45 range [4]. This upward momentum has been supported by expectations that the U.S. Securities and Exchange Commission (SEC) may drop its case against Ripple, a move that would remove a major overhang on XRP’s price action [4]. Meanwhile, speculation is growing around potential XRP-focused ETFs from major institutions like BlackRock and ProShares, which could accelerate institutional adoption [2].

Analysts are closely monitoring key price levels. The $3.35–$3.60 resistance zone is seen as a critical threshold. A breakout above this range could trigger a more substantial rally, with some forecasts suggesting XRP could reach $6 or even $9–$10 by September 2025 [6]. DeepSeek has predicted XRP could hit $5 by the end of 2025, citing favorable price trends and market conditions [5]. BraveNewCoin also supports a $5 target, pointing to bullish patterns on major exchanges and increased whale activity indicating strong buying pressure [6].

Institutional interest is further being driven by PayPal’s recent integration of XRP for cross-border payments, which has helped break the token out of a nine-month consolidation phase [5]. Additionally, the SEC has streamlined its ETF approval process to 75 days, potentially accelerating the launch of XRP-focused funds [2]. With over 72 crypto ETF applications pending, the market is showing a broader trend toward institutional acceptance of digital assets.

Despite the optimism, analysts remain cautious. While some see XRP hitting $20 in the long term due to shrinking retail supply and strong institutional demand [7], others warn that previous highs have often been short-lived [6]. A slight decline in the broader crypto market cap—down 1.45% in the week of July 2025—has also raised concerns about a potential pullback [2]. Key resistance levels in the $5–$5.40 range are being closely watched for signs of further price movement [6].

XRP’s recent performance has outpaced the broader market, with a 3.27% rise in the last 24 hours and trading near $3.15 [1]. Open interest has also increased significantly, with year-over-year growth reaching nearly 143%, reflecting heightened speculative activity [3].

In summary, XRP is at a critical juncture, with regulatory developments, institutional adoption, and favorable price action aligning to support a potential breakout. While the $5 target is seen as plausible if key resistance levels are breached, the market remains watchful of broader crypto trends and regulatory outcomes. As the crypto sector awaits the possible approval of XRP ETFs and further clarity from the SEC, the token’s performance could serve as a key indicator for the altcoin market.

[1] MSN (http://www.msn.com/en-in/money/markets/xrp-price-prediction-after-today-s-3-surge-is-ripple-set-to-smash-4-as-whales-buy-big-and-experts-predict-60-rally/ar-AA1JrfYE?apiversion=v2&batchservertelemetry=1&domshim=1&noservercache=1&noservertelemetry=1&renderwebcomponents=1&wcseo=1)

[2] XRP ETF Approval Incoming? Analyst Eyes Sept–October (https://www.newsbtc.com/altcoin/xrp-etf-approval-incoming-analyst-eyes-september-october-window/)

[3] 3 Reasons Cold Wallet Outshines XRP and Dogecoin as … (https://coincentral.com/3-reasons-cold-wallet-outshines-xrp-and-dogecoin-as-the-best-crypto-to-invest-in-2025/)

[4] Ripple and the SEC may be reaching a settlement (https://coincentral.com/ripple-and-the-sec-may-be-reaching-a-settlement-and-xrp-whales-are-pouring-smart-money-into-find-mining/)

[5] DeepSeek’s Top 4 Cryptos to Explode in 2025 (https://bravenewcoin.com/sponsored/presale/deepseeks-top-4-cryptos-to-explode-in-2025)

[6] XRP News Today: XRP Could Hit $20 as Institutions Target … (https://www.ainvest.com/news/xrp-news-today-xrp-hit-20-institutions-target-1-9-billion-retail-holdings-2507/)

[7] XRP Price Prediction: Ripple Won’t 10x In 2025, But These … (https://financefeeds.com/xrp-price-prediction-ripple-wont-10x-in-2025-but-these-3-tokens-will-do-it-in-weeks/)

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1 08, 2025

The9 Partners With YGG to Launch Web3 Gaming Platform With Real Rewards

By |2025-08-01T12:00:12+03:00August 1, 2025|News, NFT News|0 Comments


SINGAPORE, Aug. 1, 2025 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) (“The9”) today announced that its wholly-owned Hong Kong subsidiary Vast Ocean International Limited, which operates the9bit, a next-generation gaming hub combining gameplay, top-ups, creator rewards, and community spaces, has entered into a strategic partnership with Yield Guild Games (YGG) — the world’s largest and first Web3 gaming guild. The collaboration aims to help millions of gamers around the world earn real rewards while playing, topping up, and creating content on the9bit. The partnership will officially kick off as the9bit prepares to launch its full platform globally on August 1, 2025.

YGG is known for pioneering the Web3 guild model, with a proven track record of onboarding millions of players. With 11 regional guild partners across Southeast Asia, Latin America, India, and other emerging markets, and 105 Onchain Guilds within its ecosystem, YGG remains a leading force in Web3 gaming communities, unlocking opportunities through a network of over 100 partner projects spanning Web3 games, chains, infrastructure, and adjacent technologies such as AI.

Through this partnership, the9bit will be integrated into YGG’s official onboarding channels and regional guild activities. YGG members will receive exclusive perks, including early access to new features, higher mission bonuses, creator tool boosts, and special community grants to support guild leaders who move their Spaces — the9bit’s unique community hubs — to the platform. The collaboration is designed to drive sustainable growth for both parties by combining YGG’s trusted onboarding model with the9bit’s Web2-friendly user experience, which auto-generates wallets, enables local fiat payments, and offers flexible, token-convertible rewards.

Quote from Gabby Dizon, Co-Founder of Yield Guild Games

“We’re excited to welcome the9bit into the YGG ecosystem. They have a clear vision and they’re building with players in mind — from the Space Mining concept to making major IP games more accessible through platforms like Steam. Their approach to rewards provides real value and encourages players to stay active and engaged. This is the kind of thinking we like to see in Web3, where it’s about making the experience more accessible, rewarding, and player-driven. We’re looking forward to collaborating with the9bit as we help shape the future of player-first ecosystems.”

Quote from Martin Hoon, Head of Web3, The9 Limited

“We’re thrilled to have YGG onboard the9bit platform. With their massive community of Web2 and Web3 gamers, this partnership marks a powerful step in delivering top-tier IP games to a truly global audience. the9bit is revolutionizing what a gaming platform can be — bringing players, creators, leaders, and developers together in one unified space where everyone can earn, grow, and collaborate. We’re building a future where guilds, KOLs, esports teams, and communities can play together, earn together, and own together — and this is just the beginning.”

The9bit plans to work closely with YGG’s regional leaders to roll out co-branded campaigns, live Any Me Anything sessions, in-game missions, and tournaments that highlight how players and creators can earn more together. As the Web3 gaming market matures, both teams believe that lowering technical barriers and focusing on real IP, real earnings, and real communities is the key to attracting the next million players.

YGG’s proven track record in scaling player onboarding will help the9bit quickly expand its base of active users in Southeast Asia and beyond. With YGG’s scholars already demonstrating high engagement and meaningful earnings, this collaboration will onboard hundreds of thousands of highly engaged players, streamers, and community leaders into the9bit’s Spaces—driving content velocity, loyalty, and powerful word-of-mouth growth.

About the9bit

the9bit is a next-generation gaming platform where players can play AAA IP games, top up mobile titles, complete daily missions, watch ads, post content, and lead communities — all while earning flexible, token-convertible points. It combines a simple Web2 UX with a powerful Web3 engine under the hood: auto-generated wallets, local fiat support, optional KYC, and built-in creator tools make it easy for anyone to join. the9bit launched its closed beta on 15 July 2025 and will officially go live on 1 August 2025, inviting gamers, creators, guilds, and publishers to Play Together. Create Together. Own Together.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business.

About Yield Guild Games (YGG)

Yield Guild Games (YGG) is a global collective of gamers, creators, and builders turning play into opportunity. Known for pioneering the Web3 guild model with the rise of the play-to-earn movement in 2020, YGG laid the foundation for a new kind of digital coordination: a network of onchain groups, each organized around their own purpose, and united by shared values of collaboration, progression, and ownership. Across all its initiatives, YGG is developing systems where skill is verifiable, contribution is visible, effort is valued, and rewards are shared.

As a Web3 game publisher, YGG is the go-to destination for the “Casual Degen” to discover new games and experiences. Its community-powered model makes YGG both a distribution channel and a launch engine, supporting games from go-to-market to post-launch. It gives developers access to Web3-native contributors who test, shape gameplay, create content, onboard players, and drive engagement from the inside out — while also giving contributors a stake in the ecosystems they help grow. Underlying this is YGG’s guild infrastructure: a coordination layer that enables onchain groups to self-organize at scale and connect with projects that benefit from their experience and reputation.

 

View original content:https://www.prnewswire.com/news-releases/the9-partners-with-ygg-to-launch-the9bit-gaming-platform-and-accelerate-web3-gaming-adoption-worldwide-302518442.html

SOURCE The9 Limited



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1 08, 2025

Platinum price hits the initial extra target– Forecast today – 1-8-2025

By |2025-08-01T11:59:13+03:00August 1, 2025|Forex News, News|0 Comments


Copper price continued to form bearish trading, to reach the target at $4.2600 forming an intraday support against the current trading, despite the main stability within the bullish channel’s levels, the attempt of providing negative momentum from the main indicators that might push the price to press on the current support, while breaking it will extend the losses to $4.1600 reaching the support of the bullish channel at $4.0550.

 

Reminding you that activating the bullish attack again requires forming several bullish waves, to settle above $4.7400 level, to ease the mission of recording several gains that might begin at $4.9800.

 

The expected trading range for today is between $4.1600 and $4.6200

 

Trend forecast: Bearish





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