Natural gas price surrendered to the negative pressure, to keep delaying the bullish attempts and forming new correctional trading by reaching $3.325, the stability of the trading below $3.600 will increase the negative pressures on the near period trading, to expect reaching $3.205 and $2.990.
Motivating the bullish attempts requires stepping above $3.450, to increase the chances for attacking the barrier at $3.600, which forms the main gate for detecting the main trend for the upcoming trading.
The expected trading range for today is between $3.000 and $3.450
Trend forecast: Bearish conditioned by the stability of $3.600
The GBPJPY pair forced to form some bearish correctional rebounds, in order to gather the positive momentum to reinforce the chances for resuming the bullish attack, depending on the repeated stability above the support of the bullish channel at 196.20.
By the above image, we notice the attempt of the price to surpass 61.8%Fibonacci correction level at 197.50, to reinforce the chances for achieving several gains that might extend in the current period to 198.20, then repeat the pressure on the resistance at 198.80, to find an exit for resuming the rise in the upcoming period.
The expected trading range for today is between 196.80 and 198.80
Sport supplements are hard to get away from if you like to exercise regularly. Even if you’re not interested in them, there’s a good chance your gym will have posters extolling their virtues or your sporty friends will want to talk to you about them.
It can be hard to know what supplements to take as there is a lot of mixed information out there. L-carnitine is among the more controversial supplements. While there is evidence it supports muscle recovery and enhances exercise performance, research has also shown it can contribute to cardiovascular disease.
In a new study, my colleagues and I found it may be possible to counter the negative effects of l-cartinine by eating pomegranate with it.
First, it’s important to understand what l-carnitine is. Your body produces a small amount of l-carnitine naturally. This happens in the kidneys, liver and brain.
The body produces a small amount of l-carnitine naturally in the kidneys, liver and brain (PA)
When l-carnitine was first identified in humans in 1952, it was thought to be a vitamin and it was referred to as vitamin BT. After years of research on this compound, l-carnitine is now considered a quasi-vitamin because for most people the human body can produce enough l-carnitine itself.
L-carnitine can be bought as a dietary supplement, but the nutrient is also added to energy drinks and some protein powders by manufacturers to try and enhance the value of their products. Manufacturers normally clearly state it on the product if it contains l-carnitine – it’s not something a company will try to hide.
Some foods naturally contain l-carnitine, such as meat and in tiny amounts in dairy products. L-carnitine is not fed to livestock but it is present in muscle tissue. L-carnitine was first found in meat in 1905. It is for this reason that the name carnitine is derived from the Latin word carnis, meaning “of the flesh”.
The harmful effects of l-carnitine supplements
It is not thought to be intrinsically harmful. Your gut microbes are to blame for the risks associated with l-carnitine.
Less than 20 per cent of l-carnitine supplements can be taken in by the human body. The unabsorbed l-carnitine travels down the gastrointestinal tract and reaches the colon. The colon is home to trillions of microbes, including bacteria, viruses and fungi.
When the remaining 80 per cent of the l-carnitine supplement arrives in the colon, the microbes start absorbing the nutrient and they use it to produce something else: trimethylamine (TMA). TMA is a compound the human body can efficiently absorb, and that is where the potentially harmful effects of l-carnitine supplements arise.
Once the body absorbs TMA, it goes to the liver via the blood stream. The liver converts TMA to trimethylamine N-oxide (TMAO). Research has shown that high levels of TMAO in the blood can contribute to cardiovascular disease.
One of the side effects of taking the supplement is an increased risk of cardiovascular disease (PA Wire)
For example, a research group at the Cleveland Clinic in the US gave human participants a nutrient similar to l-carnitine that is also converted into TMA by gut microbes. The researchers found that the nutrient caused an increased risk of thrombosis (blood clots) in their participants.
L-carnitine itself is a beneficial nutrient. When it is produced by our bodies, which happens in the kidneys, brain and liver, it’s not metabolised by the gut microbiota and isn’t converted to TMAO. Your body can absorb more l-carnitine from meat than from supplements, which makes it less harmful as that means less of it ends up in the colon.
Dietary intervention can reduce harmful effects
In my team’s lab at the Quadram Institute in Norwich, England, we simulated what happens when the l-carnitine supplement reaches the microbes in the colon. We fed a culture of gut microbes with l-carnitine and measured the TMA that the microbes produced.
Then, we fed a culture of gut microbes with l-carnitine together with a pomegranate extract, which is rich in polyphenols. Polyphenols are plant compounds with antioxidant, antimicrobial, and anti-inflammatory properties that may help keep you healthy and protect you against diseases.
The main polyphenols in pomegranate belong to a group called ellagitannins, a type of polyphenol that can reach the colon almost entirely intact, where they can interact with the gut microbiota. When we measured the TMA that the gut microbes produced in the second experiment, we saw much less TMA.
Our experiments in the lab show that a polyphenol-rich pomegranate extract can reduce microbial TMA production and eliminate the potentially harmful effects of l-carnitine supplements.
Our laboratory experiments showed that the pomegranate extract can reduce the production of TMA. Ellagitannins are also abundant in other fruits and nuts, such as raspberries and walnuts. So, if you take l-carnitine supplements, our research suggests that it may be a good idea to include ellagitannin-rich foods in your diet. Eating more fruits and nuts can be good for your health, so including these in your diet will probably be beneficial anyway.
Our group is now moving the science outside of the lab. We are testing in human participants how effective the pomegranate extract is at reducing TMAO production from l-carnitine supplements. This study will tell us whether taking an l-carnitine supplement along with a pomegranate extract may be better than taking the supplement on its own.
Julia Harrhuis is a PhD student in Food, Microbiomes and Health at the Quadram Institute, Norwich, England. This article is republished from The Conversation under a Creative Commons license. Read the original article
The GBPJPY pair forced to form some bearish correctional rebounds, in order to gather the positive momentum to reinforce the chances for resuming the bullish attack, depending on the repeated stability above the support of the bullish channel at 196.20.
By the above image, we notice the attempt of the price to surpass 61.8%Fibonacci correction level at 197.50, to reinforce the chances for achieving several gains that might extend in the current period to 198.20, then repeat the pressure on the resistance at 198.80, to find an exit for resuming the rise in the upcoming period.
The expected trading range for today is between 196.80 and 198.80
XRP price could potentially reach the double-digit range if it follows Bitcoin’s trajectory, especially as Bitcoin doubles in value each year through 2030.
Currently, Bitcoin (BTC) has been stuck in a consolidation phase, and this has expectedly impacted the broader crypto market, with XRP also observing a similar range-bound phase.
XRP Following Bitcoin Footsteps Despite Recent Decoupling
However, while altcoins have ranged for five months, BTC has observed new all-time highs within this period. This has triggered a massive upsurge in Bitcoin dominance, but several analysts expect this trend to flip soon, anticipating a period when altcoins will recover, dubbed the “altcoin season.”
Being the second-largest altcoin, XRP will likely benefit from such a recovery push. Now, despite the current lackluster performance among these altcoins, whenever Bitcoin stages a rebound, the broader market follows albeit at a slower pace than in recent times.
Interestingly, data from CoinMarketCap confirms this pattern. Market data indicates that XRP has trailed Bitcoin’s direction over the past month, except for a slight deviation from June 25 to 28, when XRP collapsed but Bitcoin displayed greater resilience to bearish pressure.However, currently, both coins are again moving alongside each other.
Bitcoin and XRP Price Correlation
This close price correlation could either be beneficial or detrimental to XRP. For one, when Bitcoin collapses, XRP is likely to observe a similar price crash. However, several analysts expect XRP to also recover during periods of Bitcoin rebound. This is especially favorable, considering the bullish prospects surrounding Bitcoin.
XRP Price if Bitcoin Doubles Every Year Until 2030
Amid this correlation, The Crypto Basic recently assessed how much XRP price would grow if Bitcoin’s price doubled every year until 2030. Bitcoin currently trades for $108,000. If it doubles every year, by 2027, the price of BTC will be $432,000. Also, in 2029, this value will have risen to $1,728,000.
By 2030, the price of Bitcoin will have reached $3,456,000. Notably, from the current price of $108,000, Bitcoin would need to rally 3,100% to reach the $3.456 million mark by 2030. Interestingly, Thomas Father, co-founder of Apollo, predicted last June that BTC could reach $3.5 million by 2030.
Now, should Bitcoin grow 3,100% to the $3.45 million level by 2030, what effect would this have on XRP’s price? Notably, XRP currently changes hands at $2.21. If XRP sees a comparative 3,100% increase from the current price, its value per token would rise to a whopping $70.72.
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.
Gold price edges lower to near $3,320 in Monday’s early Asian session.
Strong US June employment data weighs on the Gold as Fed rate cut odds decline.
Middle East geopolitical risks and renewed trade tensions might cap the downside for the Gold price.
The Gold price (XAU/USD) attracts some sellers to around $3,320 during the early Asian session on Monday. The precious metal edges lower as the US June Nonfarm Payrolls (NFP) report altered the US Federal Reserve (Fed) policy expectations. Traders brace for the Federal Open Market Committee (FOMC) Minutes later on Wednesday for fresh impetus.
The US NFP came in stronger than expected, rising by 147,000 jobs in June from 144,000 in May (revised from 139,000). Additionally, the Unemployment Rate held steady at 4.1% in June. These reports indicated continued labor market resilience, reducing the possibility of the Fed’s near-term monetary accommodation. This, in turn, underpins the US Dollar (USD) and exerts some selling pressure on the non-yielding assets like Gold.
On the other hand, the potential downside of yellow metal might be limited amid the renewed geopolitical tensions in the Middle East. Israel stated late Sunday that the country’s military had attacked Houthi targets at three ports and a power plant in Yemen. Defence Minister Israel Katz confirmed the attack, saying they were carried out due to repeated attacks by the Iranian-backed rebel group on Israel. Any sign of escalation could boost the safe-haven flows, benefiting the gold price.
Gold traders will closely monitor the developments surrounding tariff policies. CBBC reported on Sunday that US Treasury Secretary Scott Bessent said that US President Donald Trump will send letters to some trading partners saying tariffs will return to April 2 levels on August 1 if there is no progress on the trade agreement. Renewed trade tensions might lift the Gold price in the near term.
Gold FAQs
Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.
Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.
The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.
Used in Japan for centuries, matcha has enjoyed rising popularity around the world in the past decade. The powder is made with ground green tea leaves and is traditionally used in Japanese tea ceremonies. In the West, it’s often added into hot, milky drinks or added as a flavoring component to foods. High-quality matcha is usually handpicked and has a delicate flavor. However, rising demand and unfortunate supply issues have led to consumers paying more for their matcha, causing the Western market to become flooded with subpar products.
To discern the quality of a product, customers can check the label. Joey Wight, co-founder of Wight Tea Co. explains that, “In the Western world, culinary and ceremonial grades of matcha are supposed to be used to denote quality. Culinary is a lower quality while ceremonial is meant for beverages.” That sounds simple enough, right? Not so fast. “‘Ceremonial Matcha’ is considered to be a subjective term because the term is not regulated,” he said. “Any business can call any matcha ceremonial and mark up the price.”
That’s not to say that the term is always misleading. In fact, Wight still thinks the label is a good place to start for consumers who want a high-quality product, especially when selection is limited. “While your best bet in a grocery store or online setting would probably be to go for matcha labeled as ceremonial, you may also want to look for options like ‘cafe-grade.'” Still, that lack of regulation basically makes false advertising fair game. Checking the label is only the first step.
Other things to look for when buying matcha
Natasha Breen/Shutterstock
Once you’ve checked the label and found a product that claims to be ceremonial or cafe grade matcha, there are other factors you can look for. “Matcha should always be sourced from Japan, and you can narrow your aim to Nishio, Aichi, or Kyoto, which are the top producers of tencha — shade-grown leaves.” Knowing what regions have a good reputation is a great way to see if the brand knows what they’re doing.
“You also want to check to make sure your matcha has no fillers. Plenty of matcha sellers bulk up their matcha with things like powdered milks, sugars, etc. It feels like you are getting more bang for your buck, but you’re really paying for all the extra stuff and you lose control over your beverage,” Wight claims. Even Starbucks is guilty of doing this, so the practice is fairly prevalent.
You can also do a visual and taste test to inspect whether the product is high-quality. “You’ll want a vibrant green matcha that doesn’t look clumpy,” says Wight. Clumpy matcha can happen if you don’t store it in an air-tight container, but other factors can cause it. “If your matcha is clumpy or chalky it was possibly either exposed to air, is old, or just isn’t very high quality.” Wight had some thoughts on flavor, as well. “For flavor, you want green, grassy, creamy, and fresh.” Once you’ve found a product that meets all these criteria, you can rest assured that you’re getting the real deal.
XRP price recorded 3.7% increase today as the broader crypto market was in the green today.
XRP has maintained above the $2.20 level, indicating that the bulls are keeping the brief support.
Amid this, a popular crypto market expert has shared a crucial resistance for the Ripple coin, that the asset must breach to continue its rally ahead.
On the flip side, another market analyst has warned of a significant crash in the asset’s value if it loses a key support ahead.
XRP Price Slips But Holds the $2.2 Support
The global crypto market cap climbed around 1.18% to $3.36 trillion, and the overall trading volume increased by over 5% to $73.96 billion.
Notably, the ongoing volatility has spooked the market participants over a waning interest in the digital assets.
Notably, BTC price gained by 0.32% today to $108k, while the altcoins also recorded a slump. The top altcoin Ethereum price rose by over 2% to $2,551 during writing.
Amid this, XRP price also recorded a rise of over 2% and exchanged hands at $2.26.
Simultaneously, its one-day trading volume rose more than 91% to $2.28 billion, indicating a drastic rise in trading activity in the market.
Meanwhile, Ripple coin has hovered between a 24-hour high and low of $2.21 and $2.26. Notably, the token’s Futures Open Interest also fell more than 2.4%, indicating the cautious stance of the traders in the asset.
However, XRP’s Relative Strength Index or RSI stayed at 52, indicating the asset is currently at a neutral state.
XRP Price Chart | Source: TradingView
In other words, the technical indicator suggests that the crypto is neither in a bullish nor a bearish state for now.
What Lies Ahead for Ripple Coin?
Amid the ongoing volatile scenario in the XRP price, top analysts have shared key insights on the future trajectory of the coin.
For context, in a recent X post, a renowned market expert, Ali Martinez, has highlighted a key resistance level for the crypto to continue its upward momentum ahead.
Additionally, Martinez said that the “key resistance level for XRP is $2.38.” Besides, he also noted that breaking the level could “trigger” a major move ahead for Ripple coin.
Ripple Coin Price Analysis | Source: Ali Martinez, X
Besides, EGRAG CRYPTO has also shared a latest prediction, which has sparked discussions among market participants.
According to a recent technical chart shared on X, EGRAG has deemed the recent measured target for XRP price as “Bellissimo.”
It is a term expressing admiration in Italian for what he believes could be a “very beautiful” price trajectory ahead.
Notably, the chart he shared showed a classic symmetrical triangle formation. He has noted a consolidation pattern known to precede major breakouts.
Bullish Momentum Noted
In this case, XRP price has exited the triangle to the upside, signaling bullish momentum. The technical overlay projects a minimum price target near $120, representing a staggering 9,000% gain from the current levels around $2.23.
XRP Price Prediction | Source: EGRAG CRYPTO, X
The Fibonacci retracement levels plotted on the right also support several key resistance levels, particularly around $3.52, $9.13, $15, and $30, which traders will likely monitor for signs of confirmation or exhaustion.
However, EGRAG also cautions of a potential macro retest. For context, he has warned of a pullback to $1.24 to validate the breakout level before further upward movement.
This aligns with traditional technical playbooks where pullbacks often follow initial breakouts, providing stronger bases for future rallies.
However, when a user mentioned that a pullback to $1.24 would be brutal, he cited that as a “lifetime opportunity.”
In other words, even if the XRP price crashes in the near term, the expert is likely to remain bullish on the asset’s long-term trajectory.
Bitcoin and Solana can reach parabolic new highs if both crypto tokens successfully complete a cup and handle pattern, according to analysis.
BTC price and SOL price targets are $230,000 and $4,390, respectively.
SOL/USD would need to deliver gains of nearly 3,000% to hit the breakout top level.
Bitcoin (BTC) can reach $230,000 if a classic breakout move completes successfully, a new prediction states.
In his latest analysis, the popular X content creator, Trader Alan, delivered a giant $4,390 Solana (SOL) price target.
Solana “waiting” for breakout with $4,390 target
Bitcoin has spent seven weeks acting within a narrow range, but as time goes on, anticipation is growing as to where BTC price action will head next.
For Trader Alan, a familiar chart pattern holds the key — and so far, progress is exactly what bulls are hoping for.
“Bitcoin and Solana Cup and Handle Pattern on monthly chart,” he told X followers, adding that SOL/USD is currently attempting to copy BTC.
A cup-and-handle pattern is a well-known bullish setup in which price returns to a previous high, consolidates and then continues higher, often with explosive results.
As Cointelegraph reported, BTC/USD has already completed a long-term cup and handle, from its 2021 peak to 2022 low and back up, followed by its first trip to the $100,000 mark.
“$BTC has broken out the handle while $SOL is still waiting for the breakout,” Alan claims about the latest iterations of the pattern, which in Bitcoin’s case extends the breakout beyond the 2021 high.
“This pattern sets $BTC and $SOL to targets of $230,000 and $4,390 respectively.”
BTC/USD vs. SOL/USD comparison. Source: Trader Alan/X
Bitcoin dominance keeps altcoins in check
While the BTC/USD target still represents 115% gains, it is comparatively modest when viewed next to Solana’s roadmap, which calls for upside of nearly 3,000%.
SOL/USD currently trades at around $150, while the pair’s all-time high from January 2025 is $294, per data from Cointelegraph Markets Pro and TradingView.
In the absence of “altseason,” however, such a parabolic move faces significant hurdles. Bitcoin’s dominance of the overall crypto market cap continues to grow, passing 65% to reach its highest levels since early 2021.
However, as Cointelegraph noted, BTC dominance hitting 70% has historically coincided with the start of altcoin strength.
Earlier, popular trader and analyst Rekt Capital added that this cycle may not need a tag of the 70% zone for altseason to begin.
Bitcoin crypto market cap dominance 1-week chart. Source: Cointelegraph/TradingView
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
DeFi Development Corp. has successfully raised $100 million to acquire Solana assets, marking a significant move in the decentralized finance (DeFi) and gaming sectors. This funding round underscores the company’s strategic focus on leveraging Solana’s scalability and usability for various applications, including DeFi, NFTs, and gaming.
The funds raised are part of a broader financial strategy that includes a $5 billion equity line of credit from RK Capital. This credit line is specifically earmarked for Solana treasury acquisitions and a prepaid forward stock repurchase agreement, indicating a long-term commitment to the Solana ecosystem.
Joseph Onorati, CEO of DeFi Development Corp., highlighted Solana’s advantages over other blockchain platforms, stating that Solana’s scalability and usability make it a superior choice for applications like DeFi, NFTs, and gaming compared to Bitcoin. This perspective aligns with the growing interest in Solana’s capabilities within the cryptocurrency community.
The influx of capital from institutional players is expected to drive increased activity within Solana’s ecosystem. Other Solana-based assets, such as Snorter Token and Grass, may also experience heightened attention and potential growth as a result of this investment.
This strategic move by DeFi Development Corp. aligns with broader trends in the cryptocurrency market. The potential approval of ETFs by regulatory bodies could further boost interest in Solana, adding to the positive momentum generated by this investment.
Investors and developers are closely monitoring the market dynamics following this financial maneuver. The company’s actions resonate with historical precedents set by firms like MicroStrategy, which have made significant investments in cryptocurrencies. This move is seen as a potential catalyst for further development across Solana’s network, impacting DeFi protocols and facilitating technological advancements.
While there are concerns about potential reactions in the stock market, the overall outlook remains optimistic. Experts predict that this investment could spur further development and innovation within the Solana ecosystem, potentially leading to a spike in Solana-based assets and increased liquidity in DeFi protocols.
