Injective Protocol (INJ) has made headlines with a 61.2% surge in Total Value Locked (TVL) over the past week, a significant milestone for the blockchain's ecosystem. However, this achievement is dampened by ongoing retail sell-offs, which have kept INJ's price under pressure despite its recent growth.
The promises of Worldcoin—now simply “World” as of late October 2024—have faced significant backlash globally, with lawsuits and fines mounted against it for its failure to protect user privacy. Worldcoin, which was founded by Sam Altman of OpenAI fame, initially gained attention with its ambitious offer: users could verify their humanness via iris and face scans, receiving digital IDs and free tokens in return.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.
The privacy and security risks of biometric IDs demand builders consider modular privacy applications or face real-world vulnerabilities.
The Injective (INJ)Summit in Bangkok attracted nearly 1,000 attendees and featured over 30 industry leaders, showcasing pivotal innovations in finance.
The Dominican Republic has suspended Worldcoin's operations, citing concerns over “abusive clauses” in the company's contracts and rising questions about the legality and transparency of its biometric data collection practices.
Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.
Story Highlights The live price of the WLD token is Worldcoin price could go as high as $11.01 by the end of 2024. WLD price could reach a high of $45.62 by the end of 2030. With the AI crypto bull run gaining momentum, Sam Altman's brainchild, Worldcoin, is creating a significant buzz.
Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
Worldcoin (WLD) surged 25% in the last week, fueled by the success of its World ID project, which has expanded to over 40 countries. However, this rally hit a major roadblock when WLD reached a resistance level of $2.48, a level it hadn't been able to break for three months.
Worldcoin (WLD) experienced a remarkable rally last week, surging by 50% and attracting significant attention from investors.
World, formerly known as Worldcoin, has announced the launch of its World ID Orb verifications in Brazil. According to a Nov.
Brazil is a compelling territory for World as the project steps up efforts to increase its total number of signups.
Worldcoin (WLD) has experienced a significant price surge, skyrocketing over 50% in the past week. Partly fueled by the broader market rally, this growth is largely attributed to the project's aggressive global expansion, with over 40 countries added to its network this month alone.
Altman has expressed optimism for the project's future, particularly commending Blania's leadership in navigating regulatory challenges.
Worldcoin's WLD token has surged 28% amid expanding global operations across 40 countries, with $2.38 billion in trading volume and 16 million verified users, despite ongoing regulatory scrutiny in various jurisdictions.
Massive whale accumulation drives Worldcoin's breakout from $1.5 support level.
Worldcoin price has soared by 28% as the World ID project, co-founded by Sam Altman, expands its identity verification services to more than 40 countries. This rapid international rollout includes recent launches in Costa Rica, Poland, and Austria, with a focus on creating a secure, decentralized ID system using biometric verification.
Injective Protocol's native token, INJ, has shown impressive bullish momentum lately. The token has gained 49.15% in the past week, followed by an additional 16.09% surge in just the last 24 hours.
INJ has been on a steady long-term rally in the market. Can this positive momentum take the altcoin to $53?
Worldcoin (WLD), a relatively new player in the cryptocurrency market, has been making waves recently—but not for the reasons many investors had hoped. Despite a surge in large transactions, particularly from “whales” (big investors), WLD is struggling to break out and gain significant price momentum.
Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.
Despite WLD showing signs of being undervalued, short sellers continue to bet against the altcoin.
Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.
Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
In the next seven days, the altcoin market will register major token unlocks, which every crypto trader should know and understand to avoid unnecessary traps. According to the aggregate data platform Tokenomist, total token emissions this week could exceed $340 million, and early investors will get hold of their funds.
Alameda Research has sold off $3.46 million worth of WLD tokens. This sell-off comes as the firm continues its strategy to manage its financial obligations, particularly focusing on repaying creditors.
World Chain announced on November 1 its integration with Across on Ethereum Layer 2, enhancing secure cross-chain transactions and adding ERC-7683 support. The update may drive global adoption, leading market watchers to eye a possible rise in WLD price toward $10.
Worldcoin's recent failure to breach the $2.15 resistance level has put the token under renewed bearish pressure, leaving investors to question if a prolonged downtrend may be unfolding. The $2.15 mark has become a key battleground, with sellers pushing prices lower each time buyers attempt a breakout.
The cryptocurrency market has experienced a major hit this week, with top tokens recording a significant correction in their respective valuations. Moreover, the BTC price has recorded a low of $68,779, indicating rising uncertainty in the crypto space.
Sam Altman-backed World Chain on Friday announced a strategic alliance to streamline cross-chain transactions across the layer 2 network. Notably, the AI-meets-crypto project is integrating Across to ensure affordable cross-chain transactions across multiple EVM-compatible chains, marking a monumental endeavor.
Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.
Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.
TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.
Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.
Agora's USD stablecoin has gone live on Injective after making its debut on Ethereum, Avalanche and Sui Networks previously.
The OBV was not as hopeful as the WLD price action, forming lower highs and lower lows throughout October.
According to blockchain analysis firm Spot On Chain, the bankrupt Alameda Research sent 143.77k Worldcoin (WLD), worth approximately $297.6k, to crypto exchange Binance early today. The transaction has raised eyebrows among enthusiasts, as the event signals increased selling momentum for WLD in the coming sessions.
Worldcoin (WLD) is generating buzz in the cryptocurrency community as it rebounds from a crucial demand zone, optimism about a potential price rally. After facing a challenging week marked by a notable decline, WLD is showing signs of recovery that have traders and investors watching closely.
WLD is making another run at a rally, influenced by bullish momentum.
Worldcoin (WLD) is currently attracting attention as it displays strong signs of a potential rally. Recent market activity indicates increasing buying pressure, suggesting that traders should closely monitor this cryptocurrency for possible gains.
Worldcoin's price has been on an upward trajectory since early September, pushing WLD up to $2.46 and sparking optimism among investors. However, the recent drawdown has dampened this sentiment, with many investors facing significant losses and hoping for a recovery.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.