Binance Square
LIVE
LIVE
The-daily-trader-analytic
--18.4k views
#WLD🔥🔥🔥 NEWS #WLD🔥🔥🔥 NEWS $WLD News News Worldcoin (WLD) price recovers ground after agreement in Spain Worldcoin (WLD) price has experienced a new increase after it was announced that the project has reached an agreement in Spain. The token is now approaching the $5 dollar mark, although it has not yet surpassed it. However, it is important to note that this recent bullish movement should not be interpreted as the start of a larger rally. It is crucial to consider that Worldcoin is facing regulatory issues worldwide, which poses challenges for a bullish outlook. Recently, Hong Kong authorities ordered the protocol to immediately cease its operations within their jurisdiction. Nevertheless, the project has agreed with the Spanish Data Protection Agency (AEPD) to halt its operations in the country. The suspension of retinal scanning activities in Europe will last for a year or until the investigations into the protocol's data handling are concluded. Worldcoin aims to create a global digital identity and establish a universal income. These goals set by Tools for Humanity provide a means of escape from the impact of AI. In fact, the so-called Proof-of-Personhood will allow digital creators to sign their projects and differentiate them from AI-generated creations. Translation to English: Worldcoin (WLD) price recovers ground after agreement in Spain After Worldcoin requested a truce in Spain, the price of its token, WLD, experienced a new increase. Now, the coin is approaching the $5 dollar mark without surpassing it yet. However, this new bullish movement should not be interpreted as the start of a larger rally. It is important to note that this project is facing regulatory issues worldwide, which makes a bullish outlook challenging. Recently, Hong Kong authorities ordered the protocol to immediately cease its operations within their Chinese jurisdiction. Regardless, the project has agreed with the Spanish Data Protection Agency (AEPD) to halt its operations in the country.

#WLD🔥🔥🔥 NEWS

#WLD🔥🔥🔥 NEWS

$WLD

News

News

Worldcoin (WLD) price recovers ground after agreement in Spain

Worldcoin (WLD) price has experienced a new increase after it was announced that the project has reached an agreement in Spain. The token is now approaching the $5 dollar mark, although it has not yet surpassed it. However, it is important to note that this recent bullish movement should not be interpreted as the start of a larger rally.

It is crucial to consider that Worldcoin is facing regulatory issues worldwide, which poses challenges for a bullish outlook. Recently, Hong Kong authorities ordered the protocol to immediately cease its operations within their jurisdiction.

Nevertheless, the project has agreed with the Spanish Data Protection Agency (AEPD) to halt its operations in the country. The suspension of retinal scanning activities in Europe will last for a year or until the investigations into the protocol's data handling are concluded.

Worldcoin aims to create a global digital identity and establish a universal income. These goals set by Tools for Humanity provide a means of escape from the impact of AI. In fact, the so-called Proof-of-Personhood will allow digital creators to sign their projects and differentiate them from AI-generated creations.

Translation to English:

Worldcoin (WLD) price recovers ground after agreement in Spain

After Worldcoin requested a truce in Spain, the price of its token, WLD, experienced a new increase. Now, the coin is approaching the $5 dollar mark without surpassing it yet. However, this new bullish movement should not be interpreted as the start of a larger rally.

It is important to note that this project is facing regulatory issues worldwide, which makes a bullish outlook challenging. Recently, Hong Kong authorities ordered the protocol to immediately cease its operations within their Chinese jurisdiction.

Regardless, the project has agreed with the Spanish Data Protection Agency (AEPD) to halt its operations in the country.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 13
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Cryptonewspredictions

Explore More From Creator

--
#news #news 🔥🔥🔥🔥 #CryptoNewss 🔥🔥🔥 Traders in the cryptocurrency market are viewing the recent downturn as a temporary setback, with expectations of a bullish rebound in the near future. Following the release of better-than-expected employment data in the United States on June 7, cryptocurrencies such as Bitcoin, Ether, and altcoins experienced a decline. However, traders believe that this is merely a "shakeout" phase before the upward trend resumes. On June 7, the well-known pseudonymous crypto trader, il Capo of Crypto, shared their perspective with their extensive following of 848,000 individuals, stating that there was a "strong sell-off into support" and that altcoins were particularly affected. They described the situation as a "shakeout," which typically occurs when a significant number of investors sell off their holdings simultaneously, often due to market or economic uncertainties. Coinciding with this market downturn, the U.S. Employment Situation Summary Report revealed an unexpectedly high increase in jobs, contrary to the predictions of crypto analysts who anticipated a weaker employment report that could lead to a reduction in inflation and potentially push Bitcoin to new all-time highs. Markus Thielen, the head of Research at 10x Research, had previously stated that a weaker employment report could result in rate cuts and that the upcoming Consumer Price Index (CPI) inflation report would play a crucial role. If the CPI remains at 3.3% or lower on a year-on-year basis, it could potentially drive Bitcoin to new record levels. However, despite the data showing a different trend, Thielen does not believe that the employment report directly caused the drop in the crypto market. In a report viewed by Cointelegraph, he mentioned that the sell-off occurred without a clear determining catalyst and described the employment data as "mixed." Traders are closely monitoring key support levels as they anticipate a potential bullish rebound.$BTC $DOGE
--
$BTC CRYPTOCURRENCY The Rise of Cryptocurrency: A Revolution in the Financial World Over the past decade, cryptocurrency has emerged as a game-changer in the world of finance. With its decentralized nature and secure transactions, it has revolutionized the way we think about money. One of the leading players in this space is Binance, a global cryptocurrency exchange that has played a vital role in promoting the adoption of digital currencies. At its core, cryptocurrency is a digital or virtual form of currency that uses cryptography for secure financial transactions, control the creation of new units, and verify the transfer of assets. Unlike traditional currencies issued by central banks, cryptocurrencies are decentralized and operate on a technology called blockchain. Binance, founded in 2017 by Changpeng Zhao, has quickly become one of the most popular and trusted cryptocurrency exchanges worldwide. With its user-friendly interface, wide range of supported cryptocurrencies, and robust security measures, Binance has attracted millions of users from all corners of the globe. One of the key advantages of Binance is its extensive selection of cryptocurrencies available for trading. From well-established digital assets like Bitcoin and Ethereum to emerging altcoins, Binance provides a platform for users to explore and invest in a diverse range of cryptocurrencies. This diversity allows investors to diversify their portfolios and take advantage of the fast-growing crypto market. In addition to its wide selection of cryptocurrencies, Binance also offers various trading options to cater to different user needs. Whether you are a beginner looking for a simple interface or an experienced trader seeking advanced features, Binance has a trading platform to suit your preferences. The exchange also provides options for spot trading, futures trading, and margin trading, giving users the flexibility to engage in different trading strategies. As the popularity of cryptocurrencies continues to grow, Binance remains at the forefront of this digital revolution.
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs