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The cryptocurrency market in general has its fair share of skeptics, but Worldcoin's approach to biometrics, its unavailability in the U.S. and its lack of clarity about token distribution has made it a particularly controversial topic. Some critics are concerned about the company's lack of explanation about how WLD tokens will be distributed. In a recent interview with Bankless, Blania declined to answer questions about WLD distribution, citing "regulatory uncertainty" in the U.S. Several cryptocurrencies and exchanges have come under fire from the U.S. Securities and Exchange Commission in recent months over allegations that they have been selling and distributing unregistered securities. It's still unclear at this point just how regulators will classify digital assets, but crypto enthusiasts scored a big legal victory in July when a court ruled Ripple's XRP token is "not necessarily a security on its face." In addition to concerns over token access and distribution, other skeptics say collecting biometric data is a security risk in itself. In a new blog post this week, Ethereum co-founder Vitalik Buterin said Worldcoin's proof-of-personhood system has potential problems with accessibility, privacy, security and centralization. "The problem of making a proof-of-personhood system that is effective and reliable, especially in the hands of people distant from the existing crypto community, seems quite challenging," Buterin wrote. MIT Technology Review published a story in April 2022 questioning Worldcoin's data-collection ethics during its beta phase. "Our investigation revealed wide gaps between Worldcoin's public messaging, which focused on protecting privacy, and what users experienced. We found that the company's representatives used deceptive marketing practices, collected more personal data than it acknowledged, and failed to obtain meaningful informed consent," the report said. Some traders have raised concerns over potential WLD dilution and the impact on Worldcoin's price, given only about 1% of the crypto's total supply is currently in circulation. In a series of tweets following the Worldcoin launch, Altman said the "haters" give the company energy, and he encouraged critics to continue naysaying. "Like any really ambitious project, maybe it works out and maybe it doesn't, but trying stuff like this is how progress happens," he said. Will Worldcoin Be Available in the U.S.? At this point, it's unclear if or when WLD tokens will be available to U.S. investors. On July 20, House Republicans introduced the Financial Innovation and Technology for the 21st Century Act, a bill that aims to establish clear regulatory oversight of the crypto industry in the U.S. Regulators have intensified their scrutiny of the cryptocurrency market after several crypto lenders, banks and exchanges collapsed during 2022's "crypto winter," most notably popular crypto exchange FTX. While the SEC, Commodity Futures Trading Commission, Federal Trade Commission and other U.S. regulators have yet to issue an outright ban on any major cryptocurrency, Worldcoin seems to be taking a precautionary approach to avoid any potential regulatory headaches. Altman recently told the Financial Times he is not concerned about missing out on the U.S. market, saying that 95% of the world's population is outside the U.S. Worldcoin is also unavailable in China, which banned all forms of crypto mining and trading in 2021. China accounts for nearly 18% of the global population. The Information Commissioner's Office, a U.K. data regulator, recently said it will also be making "further inquiries" into Worldcoin following the crypto's launch. For now, U.S. users lining up to get their irises scanned will have to do so without expecting any WLD coin in return. $WLD

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Alright, let’s dive into this tragic comedy of a chart that feels like it was drawn by a toddler after being told their favorite candy shop is closing. 1. The Main Star: Price Look at that big "3.8625" glowing like a neon sign that says, "We’ve hit rock bottom… but wait, there’s more!" Down by -9.51%: Ah yes, the classic freefall. It seems our beloved Magic Eden ($ME ) is not just Eden anymore—it’s more like Magic Disaster. yesterday it was clinging to 4.5097, but today it has taken the express elevator straight to the basement. That 3.8443 low must be the part where investors checked their balances and questioned life choices. 2. The Headline: Price Drops to All-Time Low Magic Eden price dropped to a new low, but hey, “history” was made! Let’s celebrate? Oh wait, investors are crying. 3. The Chart—1-Minute Drama Show the 1-minute chart is like watching someone trip and fall in slow motion: At first, it looked promising, almost hopeful. The price wobbled its way up to 4.5097, throwing a tiny party. But like that one friend who peaked too soon, it plummeted. The price smashed through every line like it owed them money. the Lines: MA(5): 3.8887 MA(10): 3.9121 MA(20): 3.9782 These are just moving averages, but clearly the only thing moving here is the price… downhill. 4. Volumes—Or, Who’s Still Buying This? The volume is at 457.63K. That’s how many desperate souls (or daring adventurers) are still buying or selling this thing. If you ever feel alone, just remember: someone else is panic-trading Magic Eden too. 5. The Order Book—The Chaos Below the Surface this is where the real comedy unfolds. Let’s break it down: Buyers (Blue): Just 21% of the crowd still has some hope. They’re probably whispering, “Buy the dip! Buy the dip!” while their wallets cry silently. Sellers (Red): A glorious 79% of the market is saying, “I’m outta here!” They’re flooding the exit like it’s Black Friday at a fire sale. 6. Order Book Breakdown Buyers’ Side (The Optimists): Tiny hopes are lined up at 3.862 (USDT), where someone’s offering a heroic 6.47 $ME . That’s optimism the size of a hamster. Larger orders sit in the 3.859 range. These folks clearly think they’re getting a deal. Spoiler alert: it’s like buying a sinking ship because it’s “on discount.” Sellers’ Side (The Pragmatists): The sell side is thick, loud, and unapologetic. Orders stack up at 3.864 to 3.879, and one seller is so eager they’re offering 13.41K $ME . That’s basically someone throwing their hands in the air and saying, “Take it! Just take it!Conclusion—The Moral of This Story The chart screams:“Hope dies last, but it does die.”Magic Eden’s price is tanking like a poorly built submarine.Buyers are dreamers. Sellers are survivors.in short, if you’re watching this chart, grab some popcorn—this is a financial thriller with no clear hero. Or villain. Just a lot of regret.

LINK Price Rallies Over 30% Ahead Of Ronin Partnership $LINK price has begun to rally big time. This is after a large partnership with Ronin Network,one of the biggest names in the Web3 gaming ecosystem. Chainlink’s Cross Chain Interoperability Protocol (CCIP) toulation heralds a major forward step in facilitating cross-chain interactions and asset migration. Catalyst for Surge: Chainlink and Ronin Partnership Integration of Chain$LINK ’s CCIP on Ronin Network paves the way to a new level of blockchain interoperability. Chainlink’s technology has been chosen by Ronin to power cross-chain transactions. These back popular worldwide Web3 gaming applications such as Axie Infinity. A community vote in the Ronin team ended in Chainlink’s CCIP as the chosen option from the list of other competing products over a rigorous process of selection. When the market reacted to the announcement, its price surged sharply upward. Their adoption of CCIP is a serious leap in the security and efficiency of their bridge. This is fundamental for seamless asset transfer between different blockchains. Fresh market activities have only added fuel to the fire and recently demonstrated that Trump’s World Liberty DeFi project has begun to hoard huge amounts of LINK. The project, which paid $1 million for LINK (about 41,335 tokens) in an hour,is a strong endorsement of Chainlink’s technology, according to the market analysts. World Liberty,which announced in November last month that it would utilize LINK Price Feeds in its Aave V3 rollout to help bolster the fintech side of the decentralized finance industry,brought its Chainlink integration full circle with this purchase.

#SUI is On Fire—Degens, Strap In! 🚀🔥 Since August 5, 2024, $SUI has gone full turbo mode, skyrocketing +800%! 🤯 With $35B DEX volume and a wild $466M in daily volume, it’s not just a moonshot—it’s an orbital takeover. 🌕📈 The Sui Network ecosystem isn’t just growing—it’s mutating into a powerhouse. If you’re still sitting on your hands, now’s the time to wake up and smell the alpha. 😏💸 💬 Are you ready to ape into the #SUI revolution or will you just watch the fireworks from the sidelines? 👀👇 ✨ Degenerate Gems to Watch (because you’re here for the plays, right?): 🦑 #CetusProtocol $CETUS 📚 #DeepBook $DEEP 📛 #SuiNS $NS 💎 #Scallop $SCA 🚀 #NaviProtocol $NAVX 📈 #SuiLendProtocol $SEND 🔵 #Bluefin $BLUE 💨 #TurbosFinance $TURBOS 🦛 #HippoSwap $HIPPO 💧 #Blub $BLUB 🐾 #FUDThePug $FUD ⚡️ #Hsui $HSUI 🎉 #SacabamFun $SCB 🍸 #BeliquorOnSui $LIQ 🐕‍🦺 #SuiPugwif $PUGWIF 🐷 #PiguWorld $PIGU 😂 #Goofy $GOOF 🍡 #MochiBlob $MOCHI 🦎 #Axolon $AXOL ❄️ #LofiYeti $LOFI 🔥 #SuperSuiyan $SUIYAN 🔪 #CHOPonSui $CHOP Degens, this isn’t just a moon—it’s the entire galaxy calling. Don’t get left behind. 🚀 #Crypto #SUItoMars #DegensAssemble