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Summary ⚈ Worldcoin launched in the U.S. and rose 19.78% over the past week. ⚈ The top 10 wallets still control 77.62% of WLD’s total token supply. ⚈ Critics, including ZachXBT, have accused the project of manipulation and fraud. Worldcoin (WLD)’s U.S. launch has kicked off with plenty of positive price action — but that doesn’t necessarily make Worldcoin a buy. The digital-identity cryptocurrency associated with Sam Altman’s World project seeks to counteract the ramifications of artificial intelligence (AI) by providing a tamper-proof way of verifying one’s identity online, and launched in the U.S. on May 1. WLD surged from $1.03 to $1.16, before mounting a retreat to $1.08 by press time on May 1, bringing returns on the daily chart to 4.31%. Within the last 7 days, Worldcoin has rallied by 19.78%. WLD price 1-day and 1-week charts. Source: Finbold Despite positive price action, the project remains controversial and fraught with legal issues, ...

The theory that the cryptocurrency market tends to ‘pump’ on Sundays has been prevalent for a long time and has, relatively recently, received a ‘tail’ stating that the issue with such a weekend rally is that it is followed by a ‘Monday dump.’ When it comes to Bitcoin (BTC), Monday, December 16, appears particularly fertile ground for a downward correction. The world’s premier cryptocurrency has recorded multiple highs since Friday and even briefly crossed above $106,000 on December 15. BTC 1-day price chart. Source: Finbold BItcoin Sunday-Monday price action in late 2024 Looking at Bitcoin’s recent price history, the truth behind the saying appears, at best, dubious. Picks for you Xandeum wraps up Solana staking program with 205M XAND distributed in rewards 6 mins ago ...

A widely followed crypto analyst believes that digital assets are in the “first stage” of a bull market. Crypto trader Michaël van de Poppe tells his 729,100 followers on the social media platform X that two trends are indicating a digital asset market with more upside potential. “The first stage of the bull is recognized by two different things: People are stuck in the bear market mindset. The price action is weak and slow. That’s the current stage. Prices are crawling upwards, but not as much. What does it mean? Buy the dip and hold on altcoins.” Next up, the analyst says that Solana (SOL) rival Sui (SUI) may retrace to $1.85 before having another massive breakout. “SUI did run away and printed a new all-time high. The first one! Didn’t allow me to enter, but it might be topped for now. Looking at the same region or $1.85 for entry zones. Massive runner.” Source: Michaël van de Poppe/X SUI is trading for $1...