Bitcoin almost touched 91,000 zone on Thursday and then started to retrace some of the recent drop. Currently sitting at 95,000 zone, BTC is expected to move towards 98,000 - 99,500 zone within the next few days to pick the sell orders positioned there and then it can move towards 91,000 zone once again.
World Achieves Milestone: 10 Million Verified Users and Pioneering Innovations The World project, formerly known as Worldcoin, continues to break barriers in the realm of digital identity and blockchain technology. Spearheaded by OpenAI CEO Sam Altman, the initiative has surpassed a significant milestone: over 10 million verified users globally. As artificial intelligence reshapes our digital interactions, World’s ability to authenticate human identity through its innovative iris-scanning technology has become a cornerstone of trust in an increasingly automated world. Key Milestones in 2024 A New World Event: Pioneering Updates Unveiled In October 2024, World hosted its landmark event, aptly named “A New World,” in San Francisco. The event brought together a global audience of developers, technologists, and enthusiasts, unveiling cutting-edge advancements: - Nvidia-powered Orb: A new generation of verification hardware. - World App 3.0: Featuring Mini Apps for expanded functionality. - World ID 3.0: Enhanced with Credentials, offering more dynamic identity solutions. - Rebranding to World: A fresh identity aligning with its global mission. This event underscored World’s commitment to merging technology with community-driven growth. Breakthrough in Anonymization: SMPC and AMPC In early 2024, World launched Secure Multi-Party Computation (SMPC), revolutionizing data privacy by encrypting and fragmenting personal data across multiple trusted parties. By mid-year, the project advanced to Anonymized Multi-Party Computation (AMPC), ensuring complete disassociation of encrypted data from any affiliated organizations. This leap set new standards for security and digital privacy. World Chain: A Human-First Blockchain Responding to its rapid growth, World introduced World Chain, a Layer 2 blockchain, in April 2024. Designed to prioritize human transactions, it introduced: - Priority Blockspace for Humans (PBH): Offering frictionless, top-of-block transaction execution. - Free Gas Allowance: Incentivizing human participation by reducing transaction costs. - Developer Opportunities: Simplifying the integration of digital identity and financial layers through World ID and World App wallet. By October, World Chain had cemented its status as the blockchain for real humans, driving unparalleled adoption and utility. Global Expansion World Network’s footprint expanded dramatically in 2024, with verification services launching in countries like Austria, Brazil, Malaysia, and Poland. The introduction of the World ID Passport Credential pilot further democratized access, enabling participation from hundreds of millions globally. By December, World’s Mini Apps achieved nearly 5 million daily opens and over 8 million daily impressions, fueling a virtuous cycle of developer engagement and user growth. Technical Analysis of MIL:WLD MIL:WLD has shown resilience despite navigating a weaker trend channel. At the time of writing, the token is trading at $1.79, reflecting a modest 1.79% gain. However, technical indicators reveal mixed signals: - RSI at 41.60: Suggesting an oversold region, signaling potential buying opportunities. - Falling Wedge Formation: Persisting for over a month, this pattern often precedes a bullish breakout. - Key Support Level: Extreme selling could push MIL:WLD to its critical support at $1.58. The market’s next moves will likely hinge on broader sentiment shifts and further developments from World. Conclusion World’s journey from Worldcoin ( MIL:WLD ) to a global identity and blockchain pioneer reflects its transformative impact on the digital ecosystem. With a robust foundation of 10 million verified users, ground-breaking technological advancements, and a human-first approach, World is well-positioned to lead the charge in 2025 and beyond. Traders eyeing MIL:WLD should monitor both technical patterns and the project’s ongoing innovations for potential opportunities in this evolving landscape.
Another chance for those that missed the entry from 91k. Npoc level is sitting at 93600$ region. I think soon btc will start to climb higher just like it did 4 days ago. Soon 100k and very well above 108k level.
Check this out. I think this stock has the chance to pop up north in the coming period. If you to take this position, stick hardly to the SL. DYOR
CRYPTOCAP:BTC has formed an inverse head and shoulders pattern on the hourly chart, indicating weakening selling momentum. We've also seen a local higher high, suggesting the dip may be over. Despite bearish news such as unconfirmed rumors about government sales and concerns over jobs and interest rates, the price is still recovering. This suggests that higher highs are likely ahead. However, be cautious of weekend trading with lower volume, though I don't believe it will significantly impact the overall trend.
Democrats left Trump with a front loaded yield curve time bomb where only a 30-40% (S&P500) can bring down the 10 year treasury 200-300bps to a long term sustainable level. They did this on purpose and quietly and Janet Yellen was the orchestrator. So, it is what is it and no fixing it so might as well make it a trade. Sell the inauguration ("news"). Disclaim: Not advice. For Advice, advise an advisor. Past not equal future, duh! Investments into funds that manage VIX derivatives bring additional risks and require acute real-time monitoring for this is like playing with dynamite (been advised).
Since having reached the area near the all time high, the ratio of XLK/SPY has been in a pullback. It looks like this might continue until we reach the bottom of the uptrend channel from where it could resume its uptrend to complet its 5th wave higher. MACD and RSI are showing serious bearish divergence.
The GBP/USD pair has seen a significant drop, plunging to 1.2191, a level last witnessed in November 2023. This decline comes despite rising UK bond yields, with the 30-year yield reaching 5.47% and the 10-year yield at 4.8%, both historic highs not seen in decades. Typically, such yields would support the pound; however, lingering fears of inflation and fiscal instability have outweighed this effect. The UK faces economic challenges, including increased borrowing costs and fiscal constraints under Chancellor Rachel Reeves' leadership. Meanwhile, the US dollar continues to gain momentum, driven by strong economic indicators and rising Treasury yields. As traders monitor the unfolding fiscal policies in the UK and any shifts in US trade strategies, the GBP/USD pair is likely to remain volatile. Keep an eye on these developments, as they will be key drivers in determining future price action in this currency pair.
#USDT.D made a triangle for a rise ! the first wave without a LL can be the 1st wave after that a triangle with 5 waves like ABCDE can be the 2nd wave after breaking the high of the D wave we have the confirmation to rise ! this means alot because this move can make the whole market bearish !
Am seeing sells for USDCAD at 1.44581 area with target at 1.42568