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Worldcoin Price
Worldcoin price moved up by 0.03% in 24h. Worldcoin last traded price is Rs 114
Worldcoin Price Value
Today/Current/Last 114
1 Day Return 0.03%
7 Day Return -6.71%
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Bitcoin
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₹ 21,50,982-1.97%
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₹ 1,36,382-1.86%
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₹ 82.540.04%
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₹ 17,887-0.02%
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₹ 42.56-2.82%
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₹ 82.590.10%
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₹ 1,36,280-1.88%
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₹ 21.82-1.02%
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₹ 5.16-2.41%
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₹ 1,722-3.39%
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₹ 6.30-1.59%
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₹ 363-2.10%
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₹ 44.78-3.04%
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₹ 116-1.71%
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₹ 0.000671-3.48%

Bitcoin surges above $26,400 ahead of Fed's gathering at Jackson Hole; Cardano, Solana rise over 3%
Bitcoin has been trading above the $26000 level. This could be indicative of the market awaiting a decision on the Bitcoin-ETF in the US, Edul Patel, CEO and co-founder of Mudrex said.
Crypto Price Today: Bitcoin hold above $26,000; Shiba Inu, BNB surge over 3%
Cryptoassets increase risk in developing economies, study says
US retail traders eye a fresh piece of the crypto derivatives pie
Crypto update: Bitcoin drops below $26K mark; biggest weekly drop since FTX crash in Nov 2022
Digital assets and mainstream adoption: Changing paradigm of personal finance
Crypto Price Today: Bitcoin holds above $26,000; Shiba Inu, Polygon shed over 4%

Worldcoin Price (WLD INR) TodayWorldcoin
1140.03%Volume:279 Cr.
1D/1W/1M/1Y/Key Metrics
M.Cap
The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.
Market Cap = Current Price x Circulating Supply(Cr.) 1,451Circ. Supply
Circulating Supply
The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.It includes coins that have been already created, minus any coins that have been burned.(# Cr.) 12.68M.Cap Rank
This is the ranking of a coin based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.(#)171Max Supply
The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.

There are also a number of initiatives including the Crypto Climate Accord and the Bitcoin Mining Council that aim to improve Bitcoin’s carbon footprint by encouraging miners to use renewable sources of energy.

This appetite for electricity has drawn widespread criticism from celebrities such as Tesla CEO Elon Musk to government bodies such as China’s State Council and the U.S. Senate over Bitcoin’s impact on climate change. But while the electricity figures are alarmingly high, it’s important to note that bitcoin mining at most accounts for 1.29% of any single country’s energy consumption. Not to mention, Bitcoin is a complete financial system whose energy consumption can be measured and tracked, unlike the fiat system, which cannot be accurately measured and requires a range of additional layers to function, including ATMs, card machines, bank branches, security vehicles, storage facilities and huge data centers.

Bitcoin’s energy consumption
The process of requiring network contributors to dedicate time and resources to creating new blocks ensures the network remains secure. But that security comes at a price. As of 2021, the Bitcoin network consumes about 93 terawatt hours (TWh) of electricity per year – around the same energy consumed by the 34th-largest country in the world.

Who created Bitcoin?
The creator of Bitcoin, known only by the pseudonym "Satoshi Nakamoto," first proposed this revolutionary digital currency in a 2008 whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." Satoshi devised Bitcoin as a decentralized, peer-to-peer network, able to facilitate financial transactions without a central authority like a government or bank. In doing so, Satoshi solved a key issue, the double-spending problem, by creating a proof-of-work consensus mechanism within a blockchain structure. Bitcoin's network was activated in January 2009 when Satoshi mined the first block, or the "genesis block." Despite the transformative impact of Bitcoin, Satoshi Nakamoto's identity remains shrouded in mystery, a symbol of the privacy-oriented ethos at the heart of the cryptocurrency movement.

Bitcoin block rewards decrease over time. Every 210,000 blocks, or about once every four years, the number of bitcoin received from each block reward is halved to gradually reduce the number of bitcoin entering the space over time. As of 2021, miners receive 6.25 bitcoins each time they mine a new block. The next bitcoin halving is expected to occur in 2024 and will see bitcoin block rewards drop to 3.125 bitcoins per block. As the supply of new bitcoin entering the market gets smaller, it will make buying bitcoin more competitive – assuming demand for bitcoin remains high.

This method of requiring miners to use machines and spend time and energy trying to achieve something is known as a proof-of-work system and is designed to deter malicious agents from spamming or disrupting the network.Whoever successfully unlocks the next block is rewarded with a set number of bitcoin known as “block rewards” and gets to add a number of transactions to the new block. They also earn any transaction fees attached to the transactions they add to the new block. A new block is discovered roughly once every 10 minutes.

Crypto mining uses a system called cryptographic hashing. This function simply takes any input (messages, words or data of any kind) and turns it into a fixed-length alphanumeric code known as a “hash.”
Each input creates a completely unique hash, and it’s almost impossible to predict what inputs will create certain hashes. Even changing one character of the input will result in a totally different fixed-length code.
Each new block has a value called a “target hash.” In order to win the right to fill the next block, miners need to produce a hash that is lower than or equal to the numeric value of the ‘target’ hash. Since hashes are completely random, it’s just a matter of trial and error until one miner is successful.

In order to incentivize the distributed network of people verifying bitcoin transactions (miners), a fee is attached to each transaction. The fee is awarded to whichever miner adds the transaction to a new block. Fees work on a first-price auction system, where the higher the fee attached to the transaction, the more likely a miner will process that transaction first.
Every single bitcoin transaction that takes place has to be permanently committed to the Bitcoin blockchain ledger through a process called “mining.” Bitcoin mining refers to the process where miners compete using specialized computer equipment known as application-specific integrated circuit (ASIC) chips to unlock the next block in the chain.
Unlocking blocks work as follows:

Here are the main features of blockchain technology:
Bitcoin transactions are recorded on a public, distributed ledger known as a “blockchain” that anyone can download and help maintain.
Transactions are sent directly from the sender to the receiver without any intermediaries.
Holders who store their own bitcoin have complete control over it. It cannot be accessed without the holder’s cryptographic key.
Bitcoin doesn’t exist in a physical form.
Bitcoin has a fixed supply of 21 million. No more bitcoin can be created and units of bitcoin cannot be destroyed.
Bitcoin users send and receive coins over the network by inputting the public-key information attached to each person’s digital wallet.

How does Bitcoin work?
Bitcoin and other cryptocurrencies are like the email of the financial world. The currency doesn’t exist in a physical form, and the coin is transacted directly between the sender and the receiver without banking intermediaries to facilitate the transaction. Everything is done publicly through a transparent, immutable, distributed ledger technology called blockchain.

First EU spot Bitcoin ETF hits Euronext Amsterdam exchange

Europe welcomed its first-ever spot Bitcoin ETF after the long-awaited launch of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF. The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a year later than its planned launch in 2022. The new ETF is trading under the BCOIN ticker. Its launch marks a milestone for Europe, while United States regulators are yet to approve a number of similar spot Bitcoin ETF applications from major asset managers, including BlackRock and Fidelity. The new ETF is trading under the BCOIN ticker.

Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023

El Salvador, which adopted Bitcoin as a legal tender in 2021, has seen its dollar bond outperform the majority of the emerging markets with a 70% return in 2023. The massive rally of the bond has now drawn interest from several institutional giants, including JP Morgan, Eaton Vance and PGIM Fixed Income, prompting President Nayib Bukele to say, “I told you so.” Apart from the institutional giants, the likes of Lord Abbett & Co LLC, Neuberger Berman Group LLC and UBS Group AG have also added debt security since April. El Salvador paid $800 million in debt in full within the due maturing time at the start of this year, raising confidence in the country’s bonds again.

Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations

The Bitcoin and Ether price slide on Aug. 18 saw the top two cryptocurrencies fall to a two-month low and triggered a series of liquidations for thousands of derivative traders. The crypto bloodbath led to billions of dollars worth of hedged positions being liquidated, and several traders lost millions of dollars in a single trade. According to CoinGlass data, a total of 176,752 traders got liquidated within hours, indicating a rapid rise in price volatility just days after BTC and ETH recorded their lowest daily volatility in several years. The price function in the crypto market was attributed to several factors, including the SpaceX Bitcoin write-down and macroeconomic factors.

Top Stories This Week

Judge grants SEC request to file motion for appeal in Ripple case

Judge Analisa Torres has granted a request from the United States Securities and Exchange Commission (SEC) to file a motion for leave to file an interlocutory appeal in its case against Ripple Labs. The decision allowed the SEC to file a motion, on Aug. 18, requesting permission to bring a case to the U.S. Court of Appeals for the Second Circuit. Ripple will also be able to file an opposition to the motion. Torres ruled, on July 13, that Ripple’s XRP token is not a security when distributed in public sales, but the ruling considered XRP a security in institutional sales. The case against Ripple has been ongoing since December 2020, when the SEC sued Ripple and its executives over allegations of offering an unregistered security.

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein
Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday.
“With the interest of leading global asset managers in bitcoin (BTC) spot ETFs and potential mechanisms to address the U.S. Securities and Exchange Commission (SEC) objections, the probability of approval has risen,” analysts led by Gautam Chhugani wrote.
Bernstein expects a spot bitcoin ETF market to be sizable, reaching 10% of bitcoin’s market cap in two to three years.

Meanwhile, some market traders say an ETF ruling could bring back the infamous volatility of the crypto market.
“While the options market's expected volatility (DVOL) remains notably low, we are observing a slight uptick in BTC, especially visible versus ETH,” shared Deribit chief commercial officer Luuk Strijers in an email. “A potential catalyst for this could be the looming ETF news on the shorter term and the halving impact on the longer run.
“Although the chances of imminent ETF-related news are slim, any announcement would likely have a more pronounced effect on BTC than on ETH,” Strijers added.