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The stablecoin market cap data highlights the performance of various blockchain platforms in terms of locked #Stablecoins .
#ArbitrumOne leads with $4.96 billion, showing a 1.5% increase in 24 hours, 11% growth over 30 days and a yearly rise of 125%.
#BaseChain follows at $3.33 billion, with a slight 0.4% daily decline, a 5% drop in 30 days, but an impressive yearly growth of 1262%.
Other notable performers include #worldchain , with a 188% yearly increase, and Mantle, which surged 368% over the year.
On the other hand, #scroll saw a significant 67% decline in 30 days despite a yearly growth of 223%, while **ZKSync Era** dropped 51.7% over the past month. Smaller platforms like **Metis**, **Polygon zkEVM**, and **Manta Pacific** show mixed trends, with **Polygon zkEVM** achieving 106% growth annually, while **Immutable X** faced a 23.3% yearly decline. These trends highlight the varying adoption and retention rates of stablecoins across different blockchain ecosystems.
#ArbitrumOne leads with $4.96 billion, showing a 1.5% increase in 24 hours, 11% growth over 30 days and a yearly rise of 125%.
#BaseChain follows at $3.33 billion, with a slight 0.4% daily decline, a 5% drop in 30 days, but an impressive yearly growth of 1262%.
Other notable performers include #worldchain , with a 188% yearly increase, and Mantle, which surged 368% over the year.
On the other hand, #scroll saw a significant 67% decline in 30 days despite a yearly growth of 223%, while **ZKSync Era** dropped 51.7% over the past month. Smaller platforms like **Metis**, **Polygon zkEVM**, and **Manta Pacific** show mixed trends, with **Polygon zkEVM** achieving 106% growth annually, while **Immutable X** faced a 23.3% yearly decline. These trends highlight the varying adoption and retention rates of stablecoins across different blockchain ecosystems.
Easy to spot the alignment interest of both #WLD🔥🔥🔥 and Twitter.
1- Noble cause
2- Verified human online
3- Monetization
If online social media would pay #worldchain 0.01 per month to verify users, companies can shift future legal liabilities and cut the cost of human moderators. Leading to healthier, safer and bot free online communities ;)
1- Noble cause
2- Verified human online
3- Monetization
If online social media would pay #worldchain 0.01 per month to verify users, companies can shift future legal liabilities and cut the cost of human moderators. Leading to healthier, safer and bot free online communities ;)
#worldchain please support this network #binance add this as support network due to this many users who have lost their assets also might you have to lose these users it's type of fraud #CyberSafety #CryptoNewss #BinanceNetwork
$BTC
$BTC
Worldcoin joins the L2 wars with its own L2 network, World Chain
Blockchain industry experienced a significant shift as World Network (previously known as Worldcoin) launched its innovative Layer 2 solution, World Chain. This isn't just another blockchain launch—it's a potential game-changer in the way we perceive digital identity and its integration with blockchain technology.
A Snapshot of the First 24 Hours
The launch statistics of the platform have garnered attention across the crypto community:
🚀 Launch Metrics:
Over 11,500 users actively engaged with the platformSuccessfully completed 738,000 transactionsA broader ecosystem with 6.9M verified users
Orb: A Revolutionary Device in User Verification
Central to World Chain's innovation is the Orb, a device that's set to revolutionize user verification in the blockchain space. The Orb is akin to a digital passport, but with an added advantage: it facilitates gas-free transactions, a feature that's increasingly valuable in the current high-fee environment.
Strategic Partnerships: Strengthening the Ecosystem
World Chain's ecosystem is bolstered by key alliances across three vital areas:
🏗️ Core Infrastructure
Optimism: Facilitates seamless cross-chain operationsAlchemy: Provides robust development infrastructureUniswap: Enables fluid asset exchanges
📊 Analytics & Support
Zerion: Delivers real-time network insightsDune Analytics: Offers in-depth data analysisEtherscan: Ensures transparent blockchain navigation
World ID 3.0: A New Benchmark in Digital Identity
🔐 Security Innovations:
Seamless NFC passport integrationPrivacy-centric age verificationSecure nationality confirmation
⚡ Technical Advancements:
Nvidia-powered processingPerformance that's 5x fasterDesign that's 30% more efficient
Challenges on the Horizon
Innovation is rarely without its obstacles. World Chain is confronted with several key challenges:
📋 Regulatory Landscape
Investigations launched by multiple countriesIncreasing focus on privacy protectionOngoing regulatory discussions
📈 Market Response
WLD token showing a promising 12% growthCurrent price: $2.38Emergence of ecosystem tokens
🚀 Ecosystem Growth
Traction gained by new tokensWorld Moondeng leading with a staggering 65,000% growthAchievement of a $3.4M market cap
What to Expect?
The success of World Chain could signify a crucial turning point in the evolution of blockchain. Key areas to monitor include:
Adaptation to and compliance with regulationsPatterns of user adoptionExpansion of the ecosystemPipeline of innovationStability of the market
Expert Perspective
The launch of World Chain signifies more than just technological progress—it's a bold stride towards addressing the long-standing challenge of digital identity in the blockchain industry. While the initial metrics are encouraging, the real test lies in achieving sustained growth and navigating regulatory landscapes.
Concluding Thoughts
As we track the evolution of World Chain, one thing becomes evident: the integration of digital identity and blockchain technology is transitioning from a mere concept to reality. The platform's ability to strike a balance between innovation and security, and between privacy and transparency, will likely determine its position in the future of digital infrastructure.
#Worldcoin #worldchain #layer2 #L2 #wld
A Snapshot of the First 24 Hours
The launch statistics of the platform have garnered attention across the crypto community:
🚀 Launch Metrics:
Over 11,500 users actively engaged with the platformSuccessfully completed 738,000 transactionsA broader ecosystem with 6.9M verified users
Orb: A Revolutionary Device in User Verification
Central to World Chain's innovation is the Orb, a device that's set to revolutionize user verification in the blockchain space. The Orb is akin to a digital passport, but with an added advantage: it facilitates gas-free transactions, a feature that's increasingly valuable in the current high-fee environment.
Strategic Partnerships: Strengthening the Ecosystem
World Chain's ecosystem is bolstered by key alliances across three vital areas:
🏗️ Core Infrastructure
Optimism: Facilitates seamless cross-chain operationsAlchemy: Provides robust development infrastructureUniswap: Enables fluid asset exchanges
📊 Analytics & Support
Zerion: Delivers real-time network insightsDune Analytics: Offers in-depth data analysisEtherscan: Ensures transparent blockchain navigation
World ID 3.0: A New Benchmark in Digital Identity
🔐 Security Innovations:
Seamless NFC passport integrationPrivacy-centric age verificationSecure nationality confirmation
⚡ Technical Advancements:
Nvidia-powered processingPerformance that's 5x fasterDesign that's 30% more efficient
Challenges on the Horizon
Innovation is rarely without its obstacles. World Chain is confronted with several key challenges:
📋 Regulatory Landscape
Investigations launched by multiple countriesIncreasing focus on privacy protectionOngoing regulatory discussions
📈 Market Response
WLD token showing a promising 12% growthCurrent price: $2.38Emergence of ecosystem tokens
🚀 Ecosystem Growth
Traction gained by new tokensWorld Moondeng leading with a staggering 65,000% growthAchievement of a $3.4M market cap
What to Expect?
The success of World Chain could signify a crucial turning point in the evolution of blockchain. Key areas to monitor include:
Adaptation to and compliance with regulationsPatterns of user adoptionExpansion of the ecosystemPipeline of innovationStability of the market
Expert Perspective
The launch of World Chain signifies more than just technological progress—it's a bold stride towards addressing the long-standing challenge of digital identity in the blockchain industry. While the initial metrics are encouraging, the real test lies in achieving sustained growth and navigating regulatory landscapes.
Concluding Thoughts
As we track the evolution of World Chain, one thing becomes evident: the integration of digital identity and blockchain technology is transitioning from a mere concept to reality. The platform's ability to strike a balance between innovation and security, and between privacy and transparency, will likely determine its position in the future of digital infrastructure.
#Worldcoin #worldchain #layer2 #L2 #wld
Toughts on Worldcoin .
Worldcoin has been consolidating for a while now with most predicting further downward trend before a bullish movt. Starting tomorrow we might see wldcoin drop as most fans will be receiving grants and selling . which will affect its price value.After which we might seè a bullish momentum. Especially right now that is close to completion of grant distribution.
#worldchain #WorldcoinSurge $WLD
Worldcoin has been consolidating for a while now with most predicting further downward trend before a bullish movt. Starting tomorrow we might see wldcoin drop as most fans will be receiving grants and selling . which will affect its price value.After which we might seè a bullish momentum. Especially right now that is close to completion of grant distribution.
#worldchain #WorldcoinSurge $WLD
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Bad news and good news, support confirmed that there will be refunds of the crypto that was sent from the world app, however the bad news is that it will take at least 2 weeks, you have to be patient. #worldcoinnews #worldchain
#worldocin about to release the step to step guide on how to withdraw your coins, follow me and this post to keep in touch with my breaking news on worldcoins #worldchain #Web3Eco
The perfect and volatile world of critpcurrencies
The cryptocurrency market continues to evolve rapidly, with significant developments and trends shaping its future. In 2024, the crypto landscape is marked by a mix of innovation, regulatory shifts, and market dynamics that are influencing investor sentiment and adoption rates. #CryptoNewss #buythedip #binance
$BTC $USDC $BNB
Market Growth and Projections
The cryptocurrency market is projected to grow significantly over the next few years. By 2028, the market size is expected to increase by USD 34.5 billion, growing at a compound annual growth rate (CAGR) of 16.64% from 2023 to 2028. This growth is driven by heightened investment in digital assets, expanded accessibility of crypto wallets, and rising expenditures in financial technology.
Key Developments
Regulatory Changes: Regulatory landscapes are shifting, with significant legislation like the Markets in Crypto Assets (MiCA) law in Europe providing clearer guidelines for the industry. This regulatory clarity is expected to boost investor confidence and market stability.
Technological Advancements: Innovations in blockchain technology and the integration of artificial intelligence (AI) are transforming the crypto space. Projects like the Sand Dollar and platforms such as Exchange Liquidity Network (ELN) and Robin Hood are reshaping financial ecosystems.
ETFs and Mainstream Adoption: The potential approval of Bitcoin Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is a significant development. ETFs make it easier for traditional investors to access cryptocurrencies, potentially leading to greater mainstream acceptance and market stability.
Trends and Challenges
Adoption of Digital Wallets: The increased availability of user-friendly crypto wallets is a key driver of market growth. Wallets with intuitive interfaces and robust security features attract a broader user base, including newcomers to the cryptocurrency world.
Volatility and Market Sentiment: Despite the optimistic outlook, the cryptocurrency market remains highly volatile. Events like the 2022 crash, where Bitcoin lost over 10% of its value in a single day, highlight the risks involved. This volatility can deter low-risk investors and complicates the inclusion of cryptocurrencies in diversified financial portfolios.
Correlation with Traditional Markets: Cryptocurrencies, especially Bitcoin and Ethereum, show a growing correlation with traditional financial markets, including stocks and forex. This correlation suggests that economic conditions and investor sentiment in traditional markets can significantly impact cryptocurrency prices.
Market Dynamics
The crypto market is witnessing increased B2B transactions facilitated by innovative platforms. Companies like Amazon Web Services (AWS) and Shopify are integrating crypto payments, enhancing the practical utility of cryptocurrencies in everyday transactions. Additionally, the development of custom wallet solutions is providing users with more control over their digital assets.
Future Outlook
The future of cryptocurrencies looks promising but remains fraught with challenges. The integration of cryptocurrencies into traditional financial systems, regulatory advancements, and technological innovations will continue to shape the market. However, the inherent volatility and regulatory uncertainties pose ongoing risks that investors must navigate.
In conclusion, while the cryptocurrency market offers exciting opportunities for growth and innovation, it is essential for investors to stay informed about the latest developments and be mindful of the associated risks. The dynamic nature of this market underscores the importance of thorough research and strategic planning in navigating the crypto world.
For a more detailed analysis and the latest updates on the cryptocurrency market, you can explore sources like #Coindesk and #tradingview .
$BTC $USDC $BNB
Market Growth and Projections
The cryptocurrency market is projected to grow significantly over the next few years. By 2028, the market size is expected to increase by USD 34.5 billion, growing at a compound annual growth rate (CAGR) of 16.64% from 2023 to 2028. This growth is driven by heightened investment in digital assets, expanded accessibility of crypto wallets, and rising expenditures in financial technology.
Key Developments
Regulatory Changes: Regulatory landscapes are shifting, with significant legislation like the Markets in Crypto Assets (MiCA) law in Europe providing clearer guidelines for the industry. This regulatory clarity is expected to boost investor confidence and market stability.
Technological Advancements: Innovations in blockchain technology and the integration of artificial intelligence (AI) are transforming the crypto space. Projects like the Sand Dollar and platforms such as Exchange Liquidity Network (ELN) and Robin Hood are reshaping financial ecosystems.
ETFs and Mainstream Adoption: The potential approval of Bitcoin Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is a significant development. ETFs make it easier for traditional investors to access cryptocurrencies, potentially leading to greater mainstream acceptance and market stability.
Trends and Challenges
Adoption of Digital Wallets: The increased availability of user-friendly crypto wallets is a key driver of market growth. Wallets with intuitive interfaces and robust security features attract a broader user base, including newcomers to the cryptocurrency world.
Volatility and Market Sentiment: Despite the optimistic outlook, the cryptocurrency market remains highly volatile. Events like the 2022 crash, where Bitcoin lost over 10% of its value in a single day, highlight the risks involved. This volatility can deter low-risk investors and complicates the inclusion of cryptocurrencies in diversified financial portfolios.
Correlation with Traditional Markets: Cryptocurrencies, especially Bitcoin and Ethereum, show a growing correlation with traditional financial markets, including stocks and forex. This correlation suggests that economic conditions and investor sentiment in traditional markets can significantly impact cryptocurrency prices.
Market Dynamics
The crypto market is witnessing increased B2B transactions facilitated by innovative platforms. Companies like Amazon Web Services (AWS) and Shopify are integrating crypto payments, enhancing the practical utility of cryptocurrencies in everyday transactions. Additionally, the development of custom wallet solutions is providing users with more control over their digital assets.
Future Outlook
The future of cryptocurrencies looks promising but remains fraught with challenges. The integration of cryptocurrencies into traditional financial systems, regulatory advancements, and technological innovations will continue to shape the market. However, the inherent volatility and regulatory uncertainties pose ongoing risks that investors must navigate.
In conclusion, while the cryptocurrency market offers exciting opportunities for growth and innovation, it is essential for investors to stay informed about the latest developments and be mindful of the associated risks. The dynamic nature of this market underscores the importance of thorough research and strategic planning in navigating the crypto world.
For a more detailed analysis and the latest updates on the cryptocurrency market, you can explore sources like #Coindesk and #tradingview .
Follow @Supermacho to be the supercripto man who can be the more strongest investor in the #worldchain 🔥💯💪
#StartInvestingInCrypto #altcoins #BinanceLaunchpool #SuperMacho
#StartInvestingInCrypto #altcoins #BinanceLaunchpool #SuperMacho
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worldchain network on binance is already visible. but still suspended. #worldcoin #worldchain
$WLD lost my coins #BinanceTrendingTokens now can't retrieve please help me on this I don't muchh more its my tution money I ant to withdraw that😭😭#chang_peng_zhao @Worldcoin you are playing with us kindly reverse if thay are blocked or else again provide optimism world chain network #worldchain
$WLD 🚀🚀🧨🧨 WLD / USDT 🧨🧨🚀🚀
✅ Worldcoin, the crypto startup from OpenAI founder Sam Altman, is launching a layer-2 Ethereum blockchain.
✅ The blockchain will be based on Optimism's OP stack blockchain-building framework to offer users cheaper fees and faster speeds.
✅ HODL on your SPOTS and LONG your positions.
We taking off to the ̶M̶O̶O̶N̶, MARS.
✅ However, it’s still important to recognize the dynamic nature of the crypto market. The external factors are always at play in crypto asset price trajectories, changing the expected outcomes.
🙏 👍 $WLD will change your life for those who don’t stop believing. #worldchain #WLD
✅ Worldcoin, the crypto startup from OpenAI founder Sam Altman, is launching a layer-2 Ethereum blockchain.
✅ The blockchain will be based on Optimism's OP stack blockchain-building framework to offer users cheaper fees and faster speeds.
✅ HODL on your SPOTS and LONG your positions.
We taking off to the ̶M̶O̶O̶N̶, MARS.
✅ However, it’s still important to recognize the dynamic nature of the crypto market. The external factors are always at play in crypto asset price trajectories, changing the expected outcomes.
🙏 👍 $WLD will change your life for those who don’t stop believing. #worldchain #WLD
Over the month, Worldcoin has undergone some changes; the World Chain network has been introduced and this has come with a few surprises. One of them seems to be a new coin called ORO. This coin is only claimable within the world app, in the app section where you need to sign in using your world app wallet and verify using your world ID. Today I claimed not only 1 $ORO but also 1000 $ORB, which is also accessible in the world app.
Following the introduction of the new blockchain, I wouldn't be surprised if the above coins were to launch in future.
If you have a World ID, I would advise you to stay vigilant as the crypto world is really unpredictable, who knows what could be in the future of the newly introduced World Chain network?
Stay informed guys, $WLD team is cooking.
#worldchain #wld #WorldID
Following the introduction of the new blockchain, I wouldn't be surprised if the above coins were to launch in future.
If you have a World ID, I would advise you to stay vigilant as the crypto world is really unpredictable, who knows what could be in the future of the newly introduced World Chain network?
Stay informed guys, $WLD team is cooking.
#worldchain #wld #WorldID
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🎁Click for the Prize-Winning Question🎁
⌛️Who is the CEO of Worldcoin $WLD ?
🏆$WLD It started to increase after the unlock. If you don't have a coin that I tried to buy as it drops, do not enter the bull season without this coin. Their managers, projects and partnerships are very strong.
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #worldchain #WLD🔥🔥🔥 #WLDToTheMoon
⌛️Who is the CEO of Worldcoin $WLD ?
🏆$WLD It started to increase after the unlock. If you don't have a coin that I tried to buy as it drops, do not enter the bull season without this coin. Their managers, projects and partnerships are very strong.
#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #worldchain #WLD🔥🔥🔥 #WLDToTheMoon
LIVE
MrSerhat
--
⏳There will be big token unlocks this week, I can buy on $RONIN and $WLD depending on the drop, but I definitely won't sell them 🎯
#RONIN. #WLD/USDT⚡️⚡️ #WorldCoin. #MrSerhat
#RONIN. #WLD/USDT⚡️⚡️ #WorldCoin. #MrSerhat
World's🌍🌎🌏 perspective on cryptocurrency🪙:
The world's view on cryptocurrency is complex and multifaceted, reflecting both the potential and the challenges of this rapidly evolving asset class. As cryptocurrency continues to mature and gain mainstream acceptance, it's important to consider the diverse perspectives and trends shaping its future. From increasing adoption and regulatory evolution to environmental concerns and technological innovation, the following thoughts capture the essence of the world's perspective on cryptocurrency
Here are some thoughts on the world's perspective on cryptocurrency:
1. *Increasing adoption*: More people and institutions are starting to understand and invest in cryptocurrency, leading to greater mainstream acceptance.
2. *Regulatory evolution*: Governments and financial regulatory bodies are beginning to establish clear guidelines and frameworks for cryptocurrency, legitimizing its presence in the financial landscape.
3. *Growing awareness*: The general public is becoming more aware of cryptocurrency and its potential benefits, driving interest and investment.
4. *Improving infrastructure*: The development of more robust and user-friendly infrastructure (e.g., exchanges, wallets, payment systems) is making cryptocurrency more accessible and usable.
5. *Institutional investment*: Traditional financial institutions and investors are entering the cryptocurrency market, bringing new capital and credibility.
6. *Decentralization and freedom*: Cryptocurrency is seen as a means to decentralize power and give individuals greater control over their financial lives.
7. *Volatility and risk*: Many still view cryptocurrency as a high-risk investment due to market fluctuations and potential security concerns.
8. *Environmental impact*: The energy consumption and environmental footprint of some cryptocurrency mining practices have raised concerns and sparked debate.
9. *Global unity*: Cryptocurrency has the potential to bridge geographical and cultural divides, enabling global financial inclusion and cooperation.
10. *Evolution and innovation*: The cryptocurrency space is constantly evolving, with new technologies and use cases emerging, driving innovation and progress.
These thoughts reflect the diverse perspectives on cryptocurrency, ranging from enthusiasm and adoption to skepticism and concern. As the world continues to grapple with the implications of cryptocurrency, its perspective will likely shift and evolve.
#CryptoPCEWatch #BinanceTournament #worldchain
Here are some thoughts on the world's perspective on cryptocurrency:
1. *Increasing adoption*: More people and institutions are starting to understand and invest in cryptocurrency, leading to greater mainstream acceptance.
2. *Regulatory evolution*: Governments and financial regulatory bodies are beginning to establish clear guidelines and frameworks for cryptocurrency, legitimizing its presence in the financial landscape.
3. *Growing awareness*: The general public is becoming more aware of cryptocurrency and its potential benefits, driving interest and investment.
4. *Improving infrastructure*: The development of more robust and user-friendly infrastructure (e.g., exchanges, wallets, payment systems) is making cryptocurrency more accessible and usable.
5. *Institutional investment*: Traditional financial institutions and investors are entering the cryptocurrency market, bringing new capital and credibility.
6. *Decentralization and freedom*: Cryptocurrency is seen as a means to decentralize power and give individuals greater control over their financial lives.
7. *Volatility and risk*: Many still view cryptocurrency as a high-risk investment due to market fluctuations and potential security concerns.
8. *Environmental impact*: The energy consumption and environmental footprint of some cryptocurrency mining practices have raised concerns and sparked debate.
9. *Global unity*: Cryptocurrency has the potential to bridge geographical and cultural divides, enabling global financial inclusion and cooperation.
10. *Evolution and innovation*: The cryptocurrency space is constantly evolving, with new technologies and use cases emerging, driving innovation and progress.
These thoughts reflect the diverse perspectives on cryptocurrency, ranging from enthusiasm and adoption to skepticism and concern. As the world continues to grapple with the implications of cryptocurrency, its perspective will likely shift and evolve.
#CryptoPCEWatch #BinanceTournament #worldchain
#Wld coin is at its crucial if it broke down this support we go down further next buying zone would be $0.99.
#DOGSONBINANCE #worldchain #WorldCoin. #AiNarratives
#DOGSONBINANCE #worldchain #WorldCoin. #AiNarratives
#Bitcoin❗ slides to $59,000 level to kick off the week: #CNBC Crypto #worldchain
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
On today’s show,Bobby Zagotta,
CEO of Bitstamp USA and the crypto exchange’s global chief commercial officer, weighs in on how the upcoming U.S. presidential election could impact crypto prices.
$BTC
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
On today’s show,Bobby Zagotta,
CEO of Bitstamp USA and the crypto exchange’s global chief commercial officer, weighs in on how the upcoming U.S. presidential election could impact crypto prices.
$BTC
Crypto Weekly Recap: SEC Approves Bitcoin ETF Options; Trump; Worldcoin & more (Oct 13-19, 2024)
This week, Bitcoin made a remarkable comeback, surging by 8.54% and reaching levels not seen since July. The price has climbed to $68,382 as of press time, fueled by growing speculation about an impending bull market.
The positive sentiment in the market is unmistakable. U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest one-day inflow in over four months, with more than half a billion dollars pouring in.
Data from Farside Investors reveals that the 11 ETFs recorded a staggering aggregate net inflow of $555.9 million on October 14, marking their highest daily net inflow since early June.
Moreover, the past week has been bustling with significant developments, including the launch of Donald Trump’s DeFi project, World Liberty Financial. Join us as we delve into six important crypto stories from the week! Check them out below!
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (October 13 - October 19, 2024)
● SEC Approves Bitcoin ETF Options, Boosting Market Liquidity
● Trump's Crypto Project Faces Early Challenges Amid WLFI Token Sale
● FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval
● Ripple’s Legal Win on XRP Status Stands Despite SEC Appeal
● BlackRock Eyes BUIDL as Collateral for Crypto Derivatives Trading
● World Unveils New Layer-2 Network 'World Chain'
SEC Approves Bitcoin ETF Options, Boosting Market Liquidity
On October 18, the U.S. Securities and Exchange Commission (SEC) approved the listing of options for spot Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE). This decision includes major ETF providers such as Fidelity, ARK21Shares, and BlackRock's iShares. Traders believe this move will inject crucial liquidity into Bitcoin markets, potentially fueling price gains and reducing volatility. The approval is seen as a major step forward, enhancing market dynamics and offering more sophisticated trading opportunities for Bitcoin.
Trump's Crypto Project Faces Early Challenges Amid WLFI Token Sale
The Trump family-backed World Liberty Financial (WLF) launched its WLFI token sale, but the project stumbled with website outages and underwhelming sales. Despite selling 344 million tokens to around 3,000 wallets, this accounted for only 1.7% of the 20 billion tokens available. The project aims to raise $300 million, with WLFI serving as a governance token for decentralized finance (DeFi) activities. Donald Trump, "chief crypto advocate," is heavily involved, alongside his sons as "Web3 ambassadors," showcasing the family's deep commitment to the project.
FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval
The FBI arrested Eric Council Jr., 25, for hacking the U.S. Securities and Exchange Commission’s (SEC) X account. He faces charges of conspiracy to commit aggravated identity theft and fraud. Council Jr. and his group posted a fake announcement claiming SEC approval of Bitcoin ETFs, causing Bitcoin’s price to spike by over $1,000. The hacker used a "SIM swap" attack to access the account. The false news disrupted markets until the SEC quickly denied the claim.
Ripple’s Legal Win on XRP Status Stands Despite SEC Appeal
The U.S. Securities and Exchange Commission (SEC) filed an appeal on October 16 regarding its case against Ripple but did not challenge the court's ruling that XRP is not a security. Ripple's chief legal officer, Stuart Alderoty, emphasized that this decision remains. The SEC’s appeal focuses on Ripple’s sales of XRP on exchanges and personal sales by Ripple’s executives. Ripple plans to file its response soon. The legal process is expected to extend through July 2025, but XRP's non-security status remains intact.
BlackRock Eyes BUIDL as Collateral for Crypto Derivatives Trading
BlackRock is discussing integrating its BUIDL token as collateral for cryptocurrency derivatives trading on major exchanges like Binance, OKX, and Deribit. Partnering with brokerage firm Securitize, BlackRock aims to expand BUIDL’s use in derivatives markets, challenging stablecoins like Tether's USDT, which currently dominates collateral use. With crypto derivatives accounting for over 70% of total trading volume, this move could boost BUIDL’s role in the $3 trillion crypto derivatives market. Major brokers already accept BUIDL, which has a market cap of $547.7 million.
World Unveils New Layer-2 Network 'World Chain'
Worldcoin has successfully rebranded as simply “World” while launching its Ethereum layer-2 blockchain called World Chain. The new network prioritizes verified human users—those with World IDs obtained through iris scans—by giving them priority access to block space and free gas allowances. World Chain aims to improve efficiency and support the company’s Worldcoin (WLD) token. The platform will feature major apps like Optimism, Uniswap, and Alchemy. This launch aligns with World’s mission to solve identity issues and explore a universal basic income model via its WLD token.
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melega #melegamarco #worldchain #Bitcoin❗
The positive sentiment in the market is unmistakable. U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest one-day inflow in over four months, with more than half a billion dollars pouring in.
Data from Farside Investors reveals that the 11 ETFs recorded a staggering aggregate net inflow of $555.9 million on October 14, marking their highest daily net inflow since early June.
Moreover, the past week has been bustling with significant developments, including the launch of Donald Trump’s DeFi project, World Liberty Financial. Join us as we delve into six important crypto stories from the week! Check them out below!
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (October 13 - October 19, 2024)
● SEC Approves Bitcoin ETF Options, Boosting Market Liquidity
● Trump's Crypto Project Faces Early Challenges Amid WLFI Token Sale
● FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval
● Ripple’s Legal Win on XRP Status Stands Despite SEC Appeal
● BlackRock Eyes BUIDL as Collateral for Crypto Derivatives Trading
● World Unveils New Layer-2 Network 'World Chain'
SEC Approves Bitcoin ETF Options, Boosting Market Liquidity
On October 18, the U.S. Securities and Exchange Commission (SEC) approved the listing of options for spot Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE). This decision includes major ETF providers such as Fidelity, ARK21Shares, and BlackRock's iShares. Traders believe this move will inject crucial liquidity into Bitcoin markets, potentially fueling price gains and reducing volatility. The approval is seen as a major step forward, enhancing market dynamics and offering more sophisticated trading opportunities for Bitcoin.
Trump's Crypto Project Faces Early Challenges Amid WLFI Token Sale
The Trump family-backed World Liberty Financial (WLF) launched its WLFI token sale, but the project stumbled with website outages and underwhelming sales. Despite selling 344 million tokens to around 3,000 wallets, this accounted for only 1.7% of the 20 billion tokens available. The project aims to raise $300 million, with WLFI serving as a governance token for decentralized finance (DeFi) activities. Donald Trump, "chief crypto advocate," is heavily involved, alongside his sons as "Web3 ambassadors," showcasing the family's deep commitment to the project.
FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval
The FBI arrested Eric Council Jr., 25, for hacking the U.S. Securities and Exchange Commission’s (SEC) X account. He faces charges of conspiracy to commit aggravated identity theft and fraud. Council Jr. and his group posted a fake announcement claiming SEC approval of Bitcoin ETFs, causing Bitcoin’s price to spike by over $1,000. The hacker used a "SIM swap" attack to access the account. The false news disrupted markets until the SEC quickly denied the claim.
Ripple’s Legal Win on XRP Status Stands Despite SEC Appeal
The U.S. Securities and Exchange Commission (SEC) filed an appeal on October 16 regarding its case against Ripple but did not challenge the court's ruling that XRP is not a security. Ripple's chief legal officer, Stuart Alderoty, emphasized that this decision remains. The SEC’s appeal focuses on Ripple’s sales of XRP on exchanges and personal sales by Ripple’s executives. Ripple plans to file its response soon. The legal process is expected to extend through July 2025, but XRP's non-security status remains intact.
BlackRock Eyes BUIDL as Collateral for Crypto Derivatives Trading
BlackRock is discussing integrating its BUIDL token as collateral for cryptocurrency derivatives trading on major exchanges like Binance, OKX, and Deribit. Partnering with brokerage firm Securitize, BlackRock aims to expand BUIDL’s use in derivatives markets, challenging stablecoins like Tether's USDT, which currently dominates collateral use. With crypto derivatives accounting for over 70% of total trading volume, this move could boost BUIDL’s role in the $3 trillion crypto derivatives market. Major brokers already accept BUIDL, which has a market cap of $547.7 million.
World Unveils New Layer-2 Network 'World Chain'
Worldcoin has successfully rebranded as simply “World” while launching its Ethereum layer-2 blockchain called World Chain. The new network prioritizes verified human users—those with World IDs obtained through iris scans—by giving them priority access to block space and free gas allowances. World Chain aims to improve efficiency and support the company’s Worldcoin (WLD) token. The platform will feature major apps like Optimism, Uniswap, and Alchemy. This launch aligns with World’s mission to solve identity issues and explore a universal basic income model via its WLD token.
NEWS FROM THE MELEGA ECOSYSTEM
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Worldcoin is enhancing its "human-centric" approach to the Web3 space with its new blockchain network, World Chain.
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