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20 12, 2024

Lightchain AI (LCAI) Price Prediction: XRP to Smash $18 This Cycle While Under $0.003 Rival Eyes $10

By |2024-12-20T01:42:07+02:00December 20, 2024|Crypto News, News|0 Comments

Cryptocurrency enthusiasts are always on the lookout for the next big investment opportunity, and currently, XRP and Lightchain AI (LCAI) are two assets that have caught the attention of many. While XRP is known for its strong presence in cross-border payments and has recently seen a surge in trading volume, LCAI is making waves by integrating artificial intelligence with blockchain technology.

In this article, we will take a closer look at these two cryptocurrencies and their potential for growth. From predictions of XRP reaching $5 by the end of the year to LCAI’s unique value proposition and early investor opportunities, we will explore what makes these assets stand out in the competitive cryptocurrency market. So, buckle up and let’s dive into the world of XRP and LCAI.

The Unique Value Proposition of LCAI

Lightchain AI (LCAI) distinguishes itself in the cryptocurrency landscape through its innovative integration of artificial intelligence (AI) and blockchain technology. At its core is the Artificial Intelligence Virtual Machine (AIVM), a specialized engine designed to execute complex AI computations directly on the blockchain. This capability enables real-time analytics, decentralized AI model training, and a multitude of other applications, setting LCAI apart from traditional blockchain platforms.

Additionally, LCAI addresses critical challenges in AI, such as bias, data sovereignty, and energy inefficiency. By leveraging its Transparent AI Framework, the platform ensures that AI decision-making processes are auditable and explainable, fostering trust and reliability among users and developers.

Furthermore, LCAI’s deflationary token model enhances its value proposition. A portion of transaction fees is burned, reducing the token supply over time and potentially increasing its value.

The Rise of XRP

XRP is the m͏ain digital currency of Ripple’s payment sys͏tem and it has seen ͏big growth hitting a value of $͏2.58. This rise are connected to m͏ore large i͏nve͏stors taking part and the launch of Ripple’s RLUSD stablecoin w͏hic͏h h͏ave boosted da͏ily trading a͏mount by 163% ͏to $18.28 billion.͏ Experts are optimistic abou͏t XRP future performance ima͏g͏in͏ing an in͏crease to͏ ͏$5 by en͏d͏ of 202͏4 and even higher levels in 2025.

It is crucial to high͏light that XRP have encounter͏ed regulat͏or͏y ob͏stacles like ͏a legal disa͏greem͏ent with the U.S. Sec͏uriti͏es and Exchange Commission regardi͏ng its categorization as security. Despi͏te these challenge XRP’s c͏ollaboration with financial entities and emphasis on i͏nternational payments esta͏blish it a ͏major participant in the cryp͏tocurrency sector.

Price Predictions Of LCAI and XRP

With the unique value proposition of LCAI and the promising future of XRP, it’s no surprise that analysts and investors have high price predictions for both assets. Some experts predict a significant rise in XRP’s price this cycle, with targets ranging from $10 to as high as $18. On the other hand, LCAI is predicted to reach prices upwards of $3000 in the coming years.

And, Lightchain AI has just launched its presale, offering early investors an opportunity to purchase LCAI tokens at a discounted rate. With the platform’s innovative approach and potential for growth, this could be an enticing investment opportunity for those interested in the intersection of AI and blockchain. So, Lightchain AI’s early adopters could potentially see significant returns on their investment.

https://lightchain.ai

https://lightchain.ai/lightchain-whitepaper.pdf

https://x.com/LightchainAI

https://t.me/LightchainProtocol

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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20 12, 2024

Natural Gas Price Forecast: Breakout Signals Bullish Momentum Toward Higher Targets

By |2024-12-20T01:05:08+02:00December 20, 2024|Forex News, News|0 Comments


First Pullback Following Breakout is Complete

The first pullback following the breakout of a large symmetrical triangle pattern completed at the December 4 swing low of 2.98. That was around the triangle breakout area of 3.02 and it sets the stage for a bullish continuation as prior resistance was tested as support. Today’s breakout occurred two days following a reversal day established on Tuesday, which also generated a higher swing low.

Support at Today’s Low of 3.39

Near-term support is at today’s low of 3.39. A decline below that price could lead to another retest of support around the 20-Day MA, currently at 3.27. As noted previously, the 20-Day line was successfully tested as support on several days recently. Support was indicated by the daily closes above the line, even though earlier the price of natural gas had traded below the 20-Day line. Of course, a key support area is the interim swing low from Tuesday at 3.09 because it generated a higher swing low and holds the second point of a rising trendline.

First 3.64, then 385

A daily close above 3.56 will confirm today’s breakout. There could be a clear pickup in momentum that takes natural gas straight to test resistance around the top of the triangle pattern at 3.64. But given strength indicated following the symmetrical triangle breakout, that price level is expected to be exceeded. Notice that following the November 20 breakout, natural gas quickly took out prior swing highs at 3.16 and 3.09.

That was a sign of strength that should return once the 3.56 high is exceeded. Initial higher targets would then be anchored around a 38.2% Fibonacci retracement level at 3.85. Higher up is an extended target from a rising ABCD pattern (purple) at 4.06, followed by an initial target from a smaller ascending ABCD pattern (red) at 4.33.

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



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19 12, 2024

USD/JPY Fed Breakout Testing Key Resistance

By |2024-12-19T23:44:02+02:00December 19, 2024|Forex News, News|0 Comments

Japanese Yen Technical Forecast: USD/JPY Weekly / Daily Trade Levels

  • USD/JPY post-FOMC breakout extends more than 6.1% off December low
  • USD/JPY bulls testing major pivot zone at uptrend resistance- US Core PCE on tap tomorrow
  • Resistance 157.16/89 (key), ~159.50s, 160.40/73- Support 151.90-152, ~151.16, 148.73-149.60 (key)

The Japanese Yen is poised to mark a third consecutive weekly decline against the US Dollar with USD/JPY surging to fresh multi-month highs on the back of the Fed rate decision. The rally takes price into a critical pivot zone and while the broader outlook remains constructive, we’re looking for possible inflection here in the days ahead. Battle lines drawn on the USD/JPY weekly technical chart into the close of the year.

Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Yen setup and more. Join live on Monday’s at 8:30am EST.

Japanese Yen Price Chart – USD/JPY Weekly

 

Chart Prepared by Michael Boutros, Sr. Technical Strategist; USD/JPY on TradingView

Technical Outlook: In last month’s Japanese Yen Technical Forecast we highlighted potential for a larger correction within the September uptrend in USD/JPY while noting that, “From a trading standpoint, look to reduce short-exposure / lower protective stops on a stretch towards 150 IF reached. Ultimately, we are looking for an exhaustion low ahead of 148 for the September rally to remain viable with a breach / close above 154.34 needed to mark uptrend resumption.” Price plunged nearly 5.2% off the November highs with USD/JPY registering an intraday low at 148.64 into the monthly open before rebounding.

The US Dollar is now poised to mark a third consecutive weekly advance with the recovery extending more than 6.1% off the December low on the heels of the FOMC rate decision. The rally takes USD/JPY towards a major resistance hurdle just higher at 157.17/89– a region defined by the 78.6% retracement of the yearly range and the July breakdown close. Note that the 2020 parallel converges on this zone over the next few weeks and further highlight the technical significance of this threshold.

Initial weekly support now rests back at the 1986 low / 1998 & 2022 high at 151.90-152 and is backed closely by the 52-week moving average (currently ~151.16). Broader bullish invalidation now raised to the 2022 high-close / 2023 high-week close (HWC) at 148.73-149.60– a break / close below this threshold would suggest a more significant high is in place / a larger reversal is underway. Ultimately, a break below the 61.8% retracement at 146.29 would be needed to put the bears in control.

A topside breach / close above this key pivot zone exposes subsequent resistance objectives at the upper parallel (blue slope near 159.50s) and the 1990 high / 2024 HWC at 160.40/73. Ultimately, a close above the swing highs at 161.95 would be needed to fuel the next major leg of the multi-year uptrend in USD/JPY (look for a larger reaction there IF reached).

Get our exclusive guide to USD/JPY trading in Q4 2024

Bottom line: The USD/JPY rally is now approaching major technical resistance, and the focus is on possible inflection into this threshold. From a trading standpoint, look to reduce portions of long-exposure / raise protective stops on a test of 157.16/89- losses should be limited to 152 IF price is heading higher on this stretch with a close above this pivot zone needed to mark resumption of the September uptrend.

Keep in mind we get the release of key US inflation data tomorrow with the Consumer Price Expenditure (PCE) expected to show a slight uptick to 2.9% y/y in November. Stay nimble into the release watch the weekly close here for guidance. Review my latest Japanese Yen Short-term Outlook for a closer look at the near-term USD/JPY technical trade levels.

USD/JPY Key Economic Data Releases

Japan US Economic Calendar- USDJPY Data Releases-12-19-2024 

Economic Calendar – latest economic developments and upcoming event risk.

Active Weekly Technical Charts

— Written by Michael Boutros, Sr Technical Strategist

Follow Michael on X @MBForex

 



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19 12, 2024

What Happens to Your Body When You Drink Protein Shakes Every Day

By |2024-12-19T23:42:38+02:00December 19, 2024|Dietary Supplements News, News|0 Comments


Protein shakes are a convenient way to get extra protein in your diet. These shakes can be an essential supplement for certain people. However, they may also contain high levels of sugar and harmful chemicals and are not wise for everyone.

Protein powders are a dietary supplement. In the United States, the Food and Drug Administration (FDA) does not regulate dietary supplements. As a result, some supplement products may not contain the ingredients listed on the label. When choosing a supplement, look for products independently tested or certified by organizations such as the National Sanitation Foundation (NSF), United States Pharmacopeia (USP), or ConsumerLab. For personalized guidance, consult your healthcare provider, registered dietitian nutritionist (RD or RDN), or pharmacist.

When Are Protein Shakes Good for You?

Protein shakes are a way of incorporating more protein into your diet. Protein shakes are generally unnecessary if you follow a well-balanced diet full of whole foods. However, protein shakes can be essential to getting more protein and calories for certain people. 

Protein shakes can be particularly beneficial if you:

  • Have difficulty chewing due to problems with your jaw or teeth
  • Have difficulty swallowing solid foods
  • Follow a vegetarian or vegan diet 
  • Have a protein deficiency 
  • Don’t have enough time to sit down and eat a solid meal 

When Are Protein Shakes Bad for You?

As mentioned, protein powders are considered dietary supplements and, therefore, are not regulated by the Food and Drug Administration (FDA) the same way drugs and food are. Because of this, it is common for many protein powders to contain high levels of heavy metals, bisphenol A (BPA, a chemical used to make plastics), pesticides, and other harmful chemicals.

Even without harmful chemicals, protein powders often contain high amounts of sugar to improve their flavor. People with diabetes trying to manage their blood glucose levels should be cautious when consuming protein shakes and always check the amount of sugar in each serving.

Many protein powders are made with whey protein, which is isolated from milk. People with allergies or sensitivities to dairy should not use whey-based protein powders. Other protein powders can be derived from plant-based sources, including soy, pea, and hemp, but the quality of protein in these processed protein powders tends to be poorer.

Protein Shake Nutrition Profile

The nutrition profile of protein powder used to make protein shakes will differ among brands. Most protein powder supplements contain between 10 and 30 grams of protein per serving. The fat and carbohydrate components will vary depending on the protein’s source.

The Academy of Nutrition and Dietetics recommends consuming 0.35 grams of protein for every pound you weigh (0.8 grams of protein per kilogram). For a 150-pound person, this equals at least 52.5 grams of protein per day.

More active individuals (e.g., professional athletes) or those recovering from severe illness need higher amounts of protein to build, repair, and maintain muscle mass. Consuming 0.5 to 0.8 grams of protein for every pound of body weight (1.2 to 1.7 g per kilogram) is recommended. For a 150-pound person, this equals 75 to 120 grams of protein per day.

Should You Drink Protein Shakes Every Day?

Drinking a protein shake daily will depend on your tolerance. If you do not have any digestive problems or food sensitivities, you may be able to drink a protein shake every day. Because the protein powder in protein shakes is not regulated the way drugs and food are, the long-term side effects of drinking protein shakes are unknown. Therefore, it is probably best to avoid everyday use if possible. 

If you want to drink a protein shake when working out, it helps to do so within 30 minutes to a few hours after working out to repair your muscles, refuel your body, and avoid stomach upset during physical activity.

Alternatives to Protein Shakes

If you want an alternative to protein shakes with similar benefits, try animal protein sources, such as meat, poultry, fish, eggs, and dairy. These sources have the highest amounts of protein and all the essential amino acids our bodies need. They are, therefore, considered “complete” proteins. 

To boost your protein intake, try adding one source of protein per meal, or consider including more plant-based foods, such as nuts, seeds, and legumes.

If you want to use protein shakes as a meal replacement or to lose weight by consuming less food, consider making your own healthy smoothie with fresh fruit and dairy or plant-based milk. In addition to milk, adding nut butter or yogurt can help boost the protein content of your smoothie. Smoothies are a convenient way to pack a lot of nutrients into a single meal and are generally easy to consume and digest since they are liquids.

Summary

Protein shakes are made from protein powder derived from animal or plant sources. The FDA does not regulate protein powders as rigorously as prescription medications because they are considered to be supplements. Therefore, they can contain high levels of harmful chemicals like heavy metals, pesticides, and BPA.

Most people, whether sedentary or active, can meet their daily protein needs through diet alone without needing protein shakes. However, for people with dietary or other eating restrictions, protein shakes can be a helpful way to add more protein and calories to their diet.



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19 12, 2024

Is a $300 Surge on the Horizon?

By |2024-12-19T23:41:22+02:00December 19, 2024|Crypto News, News|0 Comments

An influential market analyst has identified a promising technical signal that may lead Solana (SOL) to an unforeseen upward trajectory. This observation suggests a significant price increase, potentially driving Solana’s value to a remarkable $300 in the near future.

Solana, often highlighted for its swift transaction capabilities and robust blockchain network, has attracted increased attention within the cryptocurrency community. Recently, analysts have closely monitored its charts for patterns indicating potential price movements.

The analyst’s scrutiny reveals a technical pattern on Solana’s price chart that implies a bullish trend is forming. This pattern, often used by seasoned investors, suggests that Solana could experience a considerable price hike, reaching the ambitious $300 mark. Such movements would more than double the current valuation of the cryptocurrency, making it an attractive prospect for investors seeking high returns in a volatile market.

The coin’s underlying technology and recent developmental strides have reinforced confidence among analysts that such a bullish momentum is not only possible but imminent. Trading volume and investor interest are key metrics that cement the anticipation of such a significant price leap.

Cryptocurrency enthusiasts are encouraged to keep a close watch on emerging trends and indicators to capitalize on potential opportunities. The expected surge represents both a significant opportunity and a risk, as the market is known for its rapid fluctuations and unpredictability. With these observations, Solana’s future continues to spark conversations in trading arenas worldwide.

Will Solana’s Meteoric Rise Hit $300? Predictions and Advice for 2025

As Solana continues to capture the spotlight with its potential for high returns, investors are keen to explore the latest predictions and advice regarding its future, especially in the volatile cryptocurrency landscape. The allure of Solana’s swift transaction capabilities and robust blockchain network remains strong, but what lies ahead in 2025?

Cryptocurrency Rate Predictions for 2025

Expert predictions for Solana suggest that as the cryptocurrency market matures, we could witness rates climbing significantly, potentially reaching or even surpassing the ambitious $300 mark. This prediction is bolstered by current technical signals on its price charts. An influential market analyst has highlighted these patterns, indicating a bullish trend that could propel Solana to new heights. Such forecasts underscore Solana’s compelling potential for substantial growth within the next few years.

Investment Risk: Balancing Opportunities and Challenges

Investing in cryptocurrencies like Solana undoubtedly offers remarkable opportunities, yet it is not without its risks. The crypto market is famously unpredictable, with prices that can swing wildly in short periods. Potential investors should carefully consider their risk tolerance and the broader market context before diving into such investments. Always remember that while the possibility of high returns exists, so do the risks of significant losses.

Pros and Cons of Investing in Solana

# Pros:
– Innovative Technology: Solana’s blockchain technology is celebrated for its quick transaction times and scalable architecture, making it a contender to solve some of the problems that Bitcoin and Ethereum currently face.
– Growing Ecosystem: The increasing number of projects building on Solana adds value and makes it attractive for long-term investment.
– Strong Community Support: The committed base of developers and enthusiasts enhances Solana’s overall growth prospects.

# Cons:
– Market Volatility: Like all cryptocurrencies, Solana is subject to market volatility, and its price can fluctuate dramatically.
– Regulatory Uncertainty: The crypto space is under increasing scrutiny from regulators worldwide, which could impact its growth trajectory.

Controversies Surrounding Solana

While Solana has captured attention due to its technological prowess, it has not been without controversies. Critics often cite concerns about decentralization, as the network’s governance can favor early adopters or those with significant holdings. Additionally, past network outages have raised questions about its stability and resilience.

Despite these concerns, Solana continues to draw interest from investors and developers alike, highlighting its potential to influence the future of blockchain technology.

As we look towards 2025, the conversation around Solana’s role in the cryptocurrency world will undoubtedly evolve. Investors need to stay informed about trends and regulatory developments to make well-informed decisions.

For those considering an investment in Solana or any cryptocurrency, staying updated with reliable sources is crucial. Platforms such as Cointelegraph and CoinDesk offer valuable insights and news that can inform your investment strategies.

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19 12, 2024

Blockchain Game Alliance Report shows Web3 gaming growth

By |2024-12-19T23:33:01+02:00December 19, 2024|News, NFT News|0 Comments


The latest Blockchain Game Alliance Report suggests that the Web3 gaming space is gaining more users from video game enthusiasts rather than crypto fans.

Its 2024 State of the Industry Survey and Report shows over half of respondents, 52.5%, reported gaming expertise.

READ: YGG Pilipinas Roadtrip will bring Web3 to local communities

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Conversely, blockchain or cryptocurrency specialists only accounted for 10.8%, suggesting that Web3 gaming adoption is growing outside the crypto space.

As a result, the BGA sees a brighter future for the blockchain industry and believes the technology will evolve significantly.

A closer look into Web3 gaming today

Photo Credit: Blockchain Game Alliance

Here are the 2024 State of the Industry Survey and Report findings:

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  • 71% of respondents see digital asset ownership as the biggest benefit of blockchain technology.
  • 4 out of 10 say new player reward models and revenue models are the next biggest rewards.
  • 52.5% of blockchain gaming professionals come from the video gaming space rather than cryptocurrency.

“In 2024, we’ve seen real progress in making blockchain games more accessible,” said Sebastien Borget, President of the BGA.

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“And now, industry professionals say that onboarding is less of a barrier than it was last year,” he added.

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Nevertheless, the results show persisting industry challenges: 

  • 53.9% say onboarding challenges and poor user experience (UX) are still the biggest challenges.
  • 66.3% believe the main misconception against blockchain games is that they are scams or Ponzi schemes.
  • 29.5% think Web3 gaming is full of bots.
  • 18.6% say traditional games and intellectual properties (IP) moving into Web3 had the greatest positive impact.
  • Women only represented 17.3% of the respondents, highlighting an ongoing challenge with gender diversity

Blockchain Game Alliance is an organization committed to promoting blockchain within the game industry.

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In 2024, BGA partnered with consulting firm Emfarsis to conduct this year’s State of the Industry Survey and Report. 

READ: YGG Pilipinas and Immutable collab to launch GOG game

The survey was a qualitative-quantitative or hybrid study, which used a cohort cluster and time series data analysis. 

BGA posted the survey online and received 623 valid responses. It is an 18.4% increase over 2023 and three times the number of responses from 2021. 

Web3 gaming’s present and future

Game developers are making it easier for players to adopt Web3 by leveraging social media platforms and mechanics:

  • Social gaming: Web3 devs are opening access to their games via Telegram, the cloud-based messaging platform.
  • Memecoins: Gamers can earn memecoins from in-game challenges or community events to encourage social interaction and engagement. Memecoins are digital assets designed for humor and usually have no value. 
  • Social share functionality: Users may buy and sell “shares” of their social connections. Consequently, they can engage with the Web3 gaming community closer and link with blockchain-based economies.

Prominent gaming companies have also been adopting Web3 with their latest blockchain projects:

  • Sony developed a layer-2 Ethereum blockchain called Soneium to explore how Sony Group can build on it. Also, the company is developing community features like returning profits to creators and fans. 
  • Ubisoft, the firm behind the popular Assassin’s Creed franchise, is developing “Captain Laserhawk, The G.A.M.E.” It’s a game on the Arbitrum L3 blockchain, which took inspiration from the company’s “Far Cry 3: Blood Dragon.”
  • Square Enix, the company behind the iconic Final Fantasy series, invested in the Web3 platform HyperPlay.

READ: YGG Pilipinas adds AI to Web3 Metaversity with 10XME acquisition



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The Web3 gaming report presents a few possibilities for growth in 2025:

  1. Smaller Web3 gaming projects will merge into larger companies. Alternatively, larger ones will absorb these fledgling projects. 
  2. Web3 will seamlessly blend into video games, letting gamers benefit from the technology without noticing it. 
  3. AI will enhance Web3 gaming by gathering and analyzing player data, letting games adjust for each gamer. 
  4. Players will carry their gaming reputation in other titles, promoting interconnected economies, collaborative storytelling, and a unified Web3 progression.
  5. Web3 will decentralize e-sports, allowing players to start and foster their own communities and promote engagement. Consequently, smaller communities will host their own tournaments.





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19 12, 2024

USA Natural Gas Is Catching a Bid Today

By |2024-12-19T23:04:14+02:00December 19, 2024|Forex News, News|0 Comments


U.S. natural gas is catching a bid today with two drivers, Art Hogan, Chief Market Strategist at B. Riley Wealth, told Rigzone in an exclusive interview on Thursday.

“On the fundamental side, we have seen forecasts that indicated the potential for cooler air creeping into the Lower 48 to start the new year,” he said.

“On the technical side, we saw a higher low this week, at $3.20 per million British thermal units (MMBtu), than last week, at $3.10 MMBtu, and as such traders are looking for a potential breakout above $3.50 MMBtu,” he added.

“More seasonally appropriate weather, combined with price momentum, seem to be the drivers of price this week,” he continued.

In a separate exclusive interview today, David Seduski, the head of North American gas at Energy Aspects, said “the rally in Henry Hub recently stems from expectations for a colder weather pattern in the U.S. in January”.

“The Christmas to New Year’s week looks like it will be very mild, but there are initial indications that an Alaska Ridge system is forming that typically corresponds with cold temperatures in the United States,” Seduski told Rigzone.

“Essentially, a high-pressure system forms over Alaska and that pushes cold air that typically would move from the arctic into Alaska and funnels it to the United States,” he added.

“If that system fully forms there is certainly a case for higher prices, but the temperatures wouldn’t happen until mid-January probably,” he continued.

“We’ve seen the prompt contract move up all week, but the rest of the curve has seen muted support given weather beyond even early January is very prone to forecast revisions,” Seduski went on to state.

The Energy Aspects representative also told Rigzone that there’s probably some short covering helping boost the rally.

“There’s still a lot of short positions in the market, and as the market moves higher we may be seeing some scrambling to cover in case the January weather pattern does develop and trend colder,” he said.

In another exclusive interview on Thursday, Phil Flynn, a senior market analyst at the PRICE Futures Group, told Rigzone that natural gas is rising “as the U.S. barrels in for the coldest blast of the season”.

“A cold start to winter is increasing the odds that we may see the coldest winter in years,” Flynn said.

“January forecasts are going to be the key … If they trend colder then natural gas will trend higher,” he added.

The U.S. Energy Information Administration (EIA) raised its Henry Hub natural gas spot price forecast for this year and next year in its latest short term energy outlook (STEO), which was released recently.

According to its December STEO, the EIA sees the Henry Hub spot price averaging $2.19 per million British thermal units (MMBtu) in 2024 and $2.95 per MMBtu in 2025. The EIA’s previous STEO, which was released in November, projected that the Henry Hub spot price would average $2.17 per MMBtu in 2024 and $2.90 per MMBtu in 2025.

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





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19 12, 2024

GBP/USD Forecast: Dollar Surges Amid Hawkish FOMC

By |2024-12-19T21:43:24+02:00December 19, 2024|Forex News, News|0 Comments

  • The greenback jumped after the Fed forecasted fewer rate cuts in 2025.
  • Forecasts revealed that the Fed might only lower rates by 50 bps.
  • Inflation jumped from 2.3% to 2.6% in the three months to October.

The GBP/USD forecast shows renewed support for the USD despite FOMC’s rate cut. The Fed left a hawkish statement regarding rate cuts in 2025. As a result, the pound collapsed despite lower expectations for Bank of England rate cuts. Market participants are now looking forward to US inflation data for more clues on the future of US monetary policy.

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The greenback jumped in the previous session after the Fed forecasted fewer rate cuts in 2025. The central bank lowered borrowing costs by 25 bps on Wednesday. However, forecasts revealed that the Fed might only lower rates by 50 bps. This was a significant drop from September when the central bank forecasted 100 bps in rate cuts. 

The shift in policy outlook came due to recent resilience in the US economy. Economic figures have shown inflation has paused its progress to the 2% target. At the same time, the labor market and consumer spending have remained robust despite high interest rates. Moreover, policymakers expect this to continue with the Trump administration.

On the other hand, traders are pricing in fewer rate cuts in the UK due to a robust labor market and high inflation. Wage data this week showed a surge in pay growth, which might keep the UK Central Bank cautious. At the same time, inflation jumped from 2.3% to 2.6% in the three months to October. Market participants expect the central bank to keep rates unchanged later in the day.

GBP/USD key events today

  • Monetary Policy Summary
  • MPC Official Bank Rate Votes
  • Official Bank Rate

GBP/USD technical forecast: Lower low confirms downtrend

GBP/USD Forecast: Dollar Surges Amid Hawkish FOMC
GBP/USD 4-hour chart

On the technical side, the GBP/USD price has collapsed and broken below the 0.618 Fib to make a lower low. As a result, the price has fallen well below the 30-SMA, showing bears are in the lead. At the same time, the RSI trades nearer the oversold region, suggesting solid bearish momentum. 

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Initially, bulls had attempted to break above the 30-SMA but could not go beyond the 1.2725 resistance level. Soon after, there was a surge in bearish momentum as the price made an engulfing candle that broke below the 0.618 Fib level. After the impulsive move, the price has paused to retest the Fib level as resistance. If it holds, the decline will continue with the new target at 1.2500 support.

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19 12, 2024

Metabolic Maintenance Launches MetaMIND Nootropic Capsules and Gummies, Featuring Advanced Cognitive Support with Nutricog |

By |2024-12-19T21:41:59+02:00December 19, 2024|Dietary Supplements News, News|0 Comments


SISTERS, Ore., Dec. 19, 2024 /PRNewswire/ — Metabolic Maintenance®, a leader in high-quality, physician-formulated nutritional supplements, is proud to announce the launch of our newest nootropic supplement, MetaMIND™, now available in both capsule and gummy forms. This innovative nutraceutical is specifically designed to support attention and learning, working memory, and mental performance.

The Science Behind MetaMIND™

Both MetaMIND™ products feature Nutricog®, a groundbreaking blend of Boswellia serrata and Terminalia chebula extracts. This patented formula has been clinically shown to promote neural health and cognitive function, enhance focus and selective attention, support working memory and recall, and promote better sleep quality over time.

MetaMIND™ capsule’s comprehensive formula also includes acetyl L-carnitine, green tea extract, and Lutemax 2020 (lutein and zeaxanthin), providing targeted support for mental sharpness and healthy vision, especially in a world of screens.

MetaMIND™ was developed to address the increasing demand for nootropic supplements that align with our commitment to purity, potency, and science-backed formulations. Nutricog® sets this product apart, offering clinically-supported benefits for cognitive performance and brain health.

Understanding the diverse preferences of health-conscious consumers, Metabolic Maintenance® is offering MetaMIND™ in two formats.

MetaMIND™ Capsules: For those seeking a clean label, one-a-day option with additional nutrients.

MetaMIND™ Gummies: A convenient, tasty alternative delivering a daily dose of Nutricog® for brain support.

Why Choose MetaMIND™?

As a trusted name in the nutritional supplement industry for over 40 years, Metabolic Maintenance® ensures every product is manufactured in the USA, rigorously third-party tested for purity, and backed by the latest scientific research. MetaMIND™ continues this legacy, offering consumers a powerful tool to support cognitive health during the most demanding times of the year—and beyond.

Availability

MetaMIND™ capsules and gummies are now available at metabolicmaintenance.com, and through trusted distribution partners and select healthcare practitioners.

About Metabolic Maintenance®

Metabolic Maintenance® has been a trusted source of high-quality, physician-formulated supplements for over four decades. Known for its commitment to purity, potency, and transparency, Metabolic Maintenance® provides targeted nutritional support to health-conscious individuals and healthcare professionals.

Media Contact:

Laura Lewis, MS

Metabolic Maintenance

laura@metabolicmaintenance.com

 

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19 12, 2024

Dogecoin Price Prediction: DOGE To Break $1 In Early 2025 But How High Can It Go This Cycle?

By |2024-12-19T21:40:19+02:00December 19, 2024|Crypto News, News|0 Comments

Dogecoin is enjoying a period of huge upward momentum and looks certain to reach the long-awaited $1 level during Q1 of next year. Many analysts have been attempting to predict how high it might go from there, leading to hugely bullish 10 to 20x predictions for Dogecoin in the remainder of this cycle.

Dogecoin ($DOGE) To The Moon? Predictions Hotting Up

Dogecoin is a colossus of the crypto meme market, currently sitting unchallenged as the largest meme by market cap at number 7 in the crypto top 10 rankings. The Dogecoin market cap now sits just shy of $59 billion as its price is currently consolidating around the $0.40 price point. 

In the past month, Dogecoin has surged by over 10%, and in the past 6 months, Dogecoin holders have found their portfolios have made a staggering 229%.

Elon Musk’s recent cheerleading and his formation of the Department of Government Efficiency are largely responsible for Dogecoin’s stunning performance. Recently, Dogecoin billionaires have been revealed to have accumulated over 160 million Dogecoin tokens as whales load up ahead of a coming rally in 2025.

Dogecoin to a dollar has long been a meme in the crypto space and now looks like it will become a reality sooner rather than later. As this level is crossed, market analysts have been making predictions as to where it might end up. OG crypto analyst Cantonese Cat is perhaps the most bullish of all and recently made a stunning prediction that Dogecoin could reach $24 long-term if the current momentum continues!

Rollblock ($RBLK) Following Suit With The Perfect Bullish Setup

Rollblock ($RBLK) looks set to follow in Dogecoin’s footsteps with hugely bullish price action, thanks to its incredible utility as it offers a revolution in gaming transparency to the $450 billion online gaming industry.

Rollblock recently made a new all-time high of $0.0415 after months of consistently pushing into price discovery. The $RBLK token will be an incredibly valuable asset to the ecosystem, with its massive utility and hard cap of a billion tokens that cannot be inflated.

This is likely due to Rollblock’s practice of putting all transactions securely onto the Ethereum blockchain for all time. Now, all transactions can be verified on-chain with a few clicks of the mouse, and gamers can verify for themselves that everything is completely above board.

This means that gamers are free to enjoy the Rollblock offer of over 7,000 classics. The $RBLK token is set to become deflationary as Rollblock scales, as a result of Rollblock’s bullish revenue share mechanism. Each week, a portion of the platform’s profits will be reinvested in the Rollblock community, burning 60% of these buys and allocating the rest to loyal stakers in the Rollblock community.

Rollblock Likely To Become This Cycle’s Dogecoin

Experts predict a coming supply crunch that will send $RBLK on a similar trajectory to Dogecoin with stunning 100x returns from the current price point of $0.0415. Rollblock ($RBLK) offers those who missed the Dogecoin run a second chance for life-changing crypto gains this coming year.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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