1. Launch of "World Chain": Worldcoin has introduced its own blockchain network, specifically designed to prioritize human transactions. This includes the migration of 15 million active users and partnerships with leading blockchain services like Uniswap and Alchemy
2. Orb Device Update: The new version of its Orb scanner, used to verify identities through iris recognition, is more efficient and five times more powerful thanks to NVIDIA technology. Additionally, it is easier to produce and aims to expand into sectors such as fintech and commerce
3. Price Predictions for December 2024: The price of the WLD token is expected to range between $3.51 and $4.21 in December, with long-term growth projections towards $9.98 in 2025, depending on market adoption and project innovations
4. Innovative Integrations with World ID: It is now possible to link NFC-enabled passports to the World ID, providing verification without compromising privacy. This increases its utility in areas such as e-commerce and financial services
5. Recovery of WLD Price: Recently, WLD broke the $2 barrier, considered a key resistance. Analysts predict it could reach up to $5 this year, driven by positive market behavior and strategic announcements from the project
5 interesting facts about Ethereum that you can't miss today!
1. Ethereum is more eco-friendly 🌍: Since the upgrade to Ethereum 2.0, its energy consumption has been reduced by 99.9%, thanks to its transition to the Proof of Stake model. Now, in addition to being more sustainable, it offers faster and cheaper transactions.
2. Deflation in action 🔥: Ethereum has become a deflationary asset. Since the implementation of EIP-1559, more Ethereum is burned in fees than is generated, which reduces its total supply and could increase its value over time.
3. The giant of decentralized finance (DeFi) 💸: Over 75% of DeFi applications (like Uniswap and Aave) are built on Ethereum, solidifying it as the undisputed king in this sector.
4. Leader in NFTs 🎨: With over 90% of NFT trading volume occurring on its network, Ethereum remains the preferred platform for digital artists and collectors.
5. Power in staking 🚀: Over 35 million ETH are locked in staking, representing 30% of the total supply of the currency. This allows users to earn rewards passively and secure the network.
Currently, Bitcoin is at a critical stage with resistance levels close to $100,000 and marked signs of volatility in the market. Although it has experienced a bullish rally in recent weeks, several factors suggest a possible bearish correction in the short term.
Reasons for a bearish trend:
1. Divergences in the RSI: Technical analysis shows bearish divergences on weekly charts, indicating possible cumulative selling pressure.
2. Impact of macroeconomics: Global economic uncertainty and potential unfavorable regulations in certain key markets could influence a price retracement.
3. Historical resistance: Levels close to $100,000 represent a strong psychological and technical ceiling, where significant profit-taking commonly occurs.
4. Predictions of downside support: If the bearish trend is confirmed, the key estimated levels are between $18,600 and $9,500, depending on the magnitude of the correction and the consolidation time.
Realistic price projection in case of a drop
If the bearish trend intensifies, the initial support range is around $18,600, with possibilities of extending towards $13,800 or $12,500 in the case of a more extreme scenario. This will depend on macroeconomic factors, such as regulatory decisions, and the behavior of market whales. #BecomeCreator #Bitcoin❗️ #$BTC #btc #binace #Bitcoin