Worldcoin CEO Alex Blania, who claims to have been launched to protect people from the negative effects of artificial intelligence on privacy and confidentiality but has been investigated in many courts, stated that their explosion occurred to the masses. Blania, "Worldcoin, which PayPal and Facebook have grown, is aimed at a growth in the style of OpenAI CEO Sam Altman and Alex Blania, Facebook and PayPal. Speaking at Blockchain Week held in Seoul, the capital of South Korea, Worldcoin is a company, Tools for Humanity CEO Alex Blania said that Orbs devices are becoming widespread globally.

In order for us to be useful, we need to grow on #Facebook and PayPal. Because these two companies have actually become useful because they have grown much more. So the only important point for us right now is to expand our number of verified users worldwide." He states that it is protected in order to protect humanity from the negative effects of artificial intelligence.

However, the project is so seriously monitored by some countries from Hong Kong to Spain, Colombia, and has been terminated in these regions and countries for now.
The project scans the person's eyeballs with a device called "Orbs" and creates identification information about them. Thus, people aim to be able to verify these pupil details in the future.

On the other hand, Blania also announced that he will create his own layer 2 network on optimism.

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The post Bitcoin Set to Crash to $50K: Are You Ready for the Fall? appeared first on Coinpedia Fintech NewsBitcoin has been trapped in a downtrend since it touched the $73,000 mark. It has been struggling to break the road to bear  for almost six months now. There have been a lot of factors that canned the uprising of Bitcoin including the German government selling seized BTC, Mt. Gox creditors repayments, wars in the Middle East and a lot more events. Even if we exclude these reasons, August and September have been bearish months for Bitcoin for over a decade.
I have previously covered why the September crash is helpful in bringing bullishness for Bitcoin in next months. Let’s uncover some reasons why there is a chance Bitcoin can go down to $50,000.
Profit Vs Loss
Bitcoin is trading at $56,685 at the time of writing. There are 1.51 million bitcoin addresses with a combined holding of 618,430 BTC who bought the asset between the price of $55,852 to $58,305. These wallets are at the breakeven point.However, just above this mark, there are more than 4.50 million addresses that hold 1.81m bitcoins. There is a high chance that most of these addresses will take profit as soon as the price reaches there.
Why would they take profit?
Because overall market sentiment is bearish and traders might believe the price will go down further. Data from IntoTheBlock shows that 78% of $BTC investors are sitting at a profit. There are 19% people who bought bitcoin above current price level and hence they are in loss. 3% investors bought BTC at the current price.
Bitcoin Liquidation and Position
TrendsBitcoin in the last 24 hours has moved between a confined zone of $56,388 to $58,315. During this movement a total of $96.25M worth of trades are liquidated.If we see the 24 hour data, it looks like btc is bullish however 12 and 4 hourly data says otherwise. In the last 12 hours a total of $41.98 million worth of Bitcoin trades were liquidated with a majority of long trades that constituted $32.18m. 
Market Sentiment
More than 88% of the people invested in bitcoin are retail, meaning they are short term investors or just traders. On the other hand 10.48% investors are long term holders and around 1.26% are the whales. The retail investor gets scared if there is a red on the chart, a long term investor knows that it is a correction while a whale sees it as an opportunity.A common strategy that makes whales uncommon is that they start to buy when others sell at losses. Recent on-chain data suggests that a number of whales have sold some part of their bitcoin at a loss. They did it because they are aware the market is in fear, and they will get a buy opportunity soon. The fear and greed index has been on the fear side for over a month. In the previous weeks, we have seen bitcoin falling to up to 15% in a single day. The nearest solid support for BTC lies at $50,520. Bitcoin has validated this support just last month. 
Looking Ahead
Analyzing all the data from various sources and market sentiment, Bitcoin drop to $50k looks imminent. Bitcoin has a full month of historical bearishness to compete. This is an open opportunity for all who understand the value and movement of BTC, however most of the investors will stay scared until BTC reclaims at least $65,000. This is not financial advice, you should take decisions based on your due diligence.
What are you going to do, Buy, Sell or HODL?
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Making $100 daily in crypto may seem like a tall order, but with the right strategies, it's achievable. The key lies in using smart tricks that reduce risks and maximize returns.
First, leverage staking and yield farming. Many platforms offer attractive returns when you lock up your assets, allowing you to earn passive income. However, make sure you stick with reputable platforms to avoid scams or excessive risks.
Second, consider day trading or swing trading. If you're familiar with technical analysis and market trends, these methods can be profitable. By analyzing chart patterns and key indicators, you can make short-term trades for quick profits. Stick with smaller amounts to avoid significant losses during volatile movements.
Lastly, participate in airdrops or crypto bounties. Many new projects offer free tokens in exchange for small tasks like social media promotions or testing their apps. While this might not bring huge returns instantly, with the right project, those free tokens can grow in value over time.
By combining these methods—staking, strategic trading, and participating in airdrops—you can boost your earnings and build towards making $100 a day in the crypto space. Just remember to stay informed and avoid risky ventures!
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The crypto market can feel like a wild ride, full of ups and downs, thrills, and unexpected twists. Despite the well-known 4-year bull cycle, many investors still find themselves struggling to keep up. Let's explore why this happens:

1. Understanding the Crypto Bull Cycle:
Crypto follows a pattern, but it’s not always easy to ride. Typically, each cycle lasts about four years:
- Bear Market (3 years): This is where prices drag, stagnation sets in, and doubt creeps in.
- Bull Market (1 year): Suddenly, prices skyrocket, hitting new highs, and everyone wants a piece of the action.
Take a look at the past cycles:
2014-2018: 177 weeks of watching prices dip, followed by a 34-week rally.
2018-2022: 157 weeks of a downturn, then a 47-week climb.
2022-2026: We’re still in the thick of the bear market, with new highs yet to be reached.
2. Emotional Dynamics in Market Cycles:
Each phase of the bull cycle comes with its own emotional rollercoaster:
- Red Phase: After hitting new highs, prices start falling. Emotions like complacency, anxiety, and panic start to set in.
- Yellow Phase: In the accumulation stage, it’s a battle between anger, depression, and a flicker of hope as prices remain low.

-Green Phase: As prices break through old highs, feelings shift to optimism, belief, thrill, and euphoria.
Staying level-headed through these emotional swings and staying informed is key to making the most of your crypto journey. Buckle up—the ride is just getting started!
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