OpenAI’s hint that it may build a social app focused on real humans sent one crypto token climbing fast this week. Traders moved quickly after reports surfaced that the new service would try to block bots by using biometric checks. Prices jumped, chatter rose, and a few questions followed close behind. Related Reading: Something Big Is Brewing In XRP DeFi—And 91 Million Tokens Tell The Story Markets React To Biometric Rumors According to Forbes and several market outlets, OpenAI is quietly exploring a “humans-only” social platform. Reports say the project is still small, run by a roughly 10-person team inside the company. The idea would be to verify real users with biometric tools — either existing phone systems like Face ID or iris scans similar to the ones used by Worldcoin’s Orb. Worldcoin’s token, WLD, surged sharply on the news, hitting gains as high as 33% during the initial trading spike. That move was partly speculative. Prices later pulled back, but trading volume stayed elevated and volatility increased. WLD climbed from $0.51 to $0.68 in the last 24 hours, data from Coingecko shows. How Proof Of Personhood Could Be Used Proof of personhood aims to tell a platform which accounts are run by actual people and which ones are automated. Reports note that using biometrics would make it harder for bots to create fake accounts, but that approach raises new hurdles. For example, devices and systems must be trusted to check identity without sharing private data. Worldcoin’s model pairs an iris scan with a cryptographic claim. That claim is meant to prove uniqueness while hiding the raw biometric image. The technical detail matters. How the checks are stored, who holds the keys, and whether users can opt out will shape public acceptance. The Identity Project News outlets first published the OpenAI report late last week. Markets reacted in real time. Social posts amplified the rumor, and media pieces linked the plan back to Worldcoin because Sam Altman, OpenAI’s CEO, helped start the identity project. No formal announcement has been made by OpenAI or by Worldcoin. Everything on the table is based on reporting from unnamed sources. It should be clear that plans can change, and that early reports often overstate certainty. Related Reading: PayPal Survey: 4 In 10 US Merchants Now Accept Crypto Privacy And Policy Questions Loom Policy experts were quick to point out issues. Biometrics are sensitive data. Laws in different countries treat them in different ways. Reports have disclosed that regulators will likely ask how consent is gathered, how long data is kept, and whether people can use alternatives to biometric checks. Security is also a concern: if a verification system is breached, the consequences could be serious. Some civil rights groups already say that any mass biometric system deserves close scrutiny. Featured image from Nelson Dai, chart from TradingView
Worldcoin (WLD) has seen a 40% daily jump following Eightco’s announcement of the first WLD treasury strategy in the world. Amid the rally, some analysts suggest that the cryptocurrency could see a 200% run to the December highs. Related Reading: ‘Corporate’ Altcoin Season? Expert Shares How Crypto ETFs, Treasuries Could Change The Market Eightco Unveils First Worldcoin Treasury Strategy On Monday, public e-commerce infrastructure firm Eightco Holdings Inc. announced it has secured a $250 million private placement to implement the first-of-its-kind Worldcoin treasury strategy. According to the press release, Eightco’s capital raise involved the sale of 171.2 million shares of common stock at $1.46 per share, with an additional 13.7 million shares issued to BitMine, the largest Ethereum (ETH) treasury company, at the same price. On September 8, BitMine announced a $20 million strategic investment into Eightco Holdings Inc. (NASDAQ: OCTO) as part of OCTO’s $270 million private investment in public equity. BitMine’s investment marks the start of its “Moonshot” strategy, aiming to allocate 1% of the company’s balance sheet into projects to strengthen the Ethereum ecosystem and create value for BitMine equity shareholders. Thomas “Tom” Lee, Chairman of BitMine, noted that the company “wants to support and back innovative projects that create value for the Ethereum network. As an ERC-20 native token, World is aligned with Ethereum. World’s unique zero-knowledge Proof of Human credential could be essential to future trust and safety between technology platforms and their billions of human users.” Eightco stated that proceeds from the private placement will allow the company to adopt Worldcoin as its primary treasury reserve asset. It added that the treasury may also hold ETH as a secondary reserve asset, but the primary emphasis will be on WLD. “Worldcoin will serve as the Company’s primary treasury reserve asset. In connection with the closing of the offering, the Company intends to change the Nasdaq trading symbol of its common stock to ‘ORBS’, which is expected to take effect on September 11, 2025,” the press release reads. WLD Breakout Eyes 200% Rally Following the announcement, Worldcoin broke above the $1.50 barrier, hitting a three-month high of $1.58 and nearing a crucial resistance level. The cryptocurrency has been accumulating between the $0.60-$1.60 price range for the past seven months, failing to break out of this range during the May and August rallies. However, WLD has been recently gaining momentum, with its price surging around 30% over the weekend and reclaiming the $1.00 mark. Market watcher Alpha Crypto Signals noted that Worldcoin broke out of a nearly two-month falling wedge on the daily chart, signaling a potential trend shift for the token. They highlighted that WLD reclaimed the 9 EMA after the breakout, and the push beyond key resistance levels gave bulls the upper hand, adding that “WLD buyers took control exactly as anticipated.” Meanwhile, analyst LlucianoBTC pointed out a four-month falling wedge on WLD’s chart, affirming that Worldcoin is targeting a “spectacular” rally once the breakout is confirmed. According to the chart, the cryptocurrency has broken out of the formation’s resistance at $1.20 after two failed attempts, which could send the price to last year’s highs if momentum holds. Related Reading: Ethereum Price To Clear $5,000 If This Level Is Broken Similarly, Captain Faibik asserted that Worldcoin was on the verge of a multi-year trendline breakout on the daily chart, targeting a 200% rally to the December 2024 high, around the $4.00 area. Since then, the cryptocurrency has broken out of the major resistance and is attempting to reclaim the $1.50 level as support. As of this writing, Worldcoin is trading at $1.51, a 73% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
China’s Ministry of State Security (MSS) has warned that a foreign crypto company is collecting iris scan data under the guise of token distribution, raising serious concerns about personal and national security. In an Aug. 5 statement, the ministry revealed that the firm is gathering iris data from users worldwide and transmitting it to an […]
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Worldcoin’s parent entity, the nonprofit World Foundation, has injected fresh momentum into its biometric-identity project after selling $135 million worth of liquid WLD tokens at spot price to two of its earliest backers, Andreessen Horowitz (a16z) and Bain Capital Crypto. The direct purchase—explicitly “not a venture round… a direct purchase of non-discounted liquid tokens,” according to the foundation—adds the same amount of WLD to circulating supply and leaves no lock-ups or preferential terms on the table. Worldcoin Rakes In $135 Million The sale is meant to bankroll a rapid expansion of Worldcoin’s iris-scanning “Orb” hardware in the United States—still the project’s toughest regulatory theater—and to keep pace with surging demand abroad. “To date, more than 26 million users participate in the World network and more than 12.5 million people have an Orb-verified World ID,” the foundation said in its press release, adding that the capital will help the network become “one of the first self-sustaining protocols.” Related Reading: Worldcoin (WLD) About To Breakout? Analyst Sets Next Target After 4-Month High Andreessen Horowitz’s participation is consistent with its early role in the project. The venture firm was a lead investor in Tools for Humanity—the company that incubated Worldcoin—during its 2021 Series A, making it a foundational backer of the ecosystem even before the World Foundation was established. Market observers were struck by the size and terms of the buy. Bitwise CIO Matt Hougan noted on X that “a16z and Bain just bought $135 m of Worldcoin (WLD) at the current market price … a price that is down 90% over the past 14 months. I’m not sure I’ve ever seen something like that. Intriguing tbh.” When a user suggested the purchase might simply be a “look at this thing that Sam Altman is involved with that’s so cheap,” Hougan replied, “yes, could be.” Worldcoin casts its “proof-of-personhood” scheme as a necessary counterweight to the acceleration of artificial general intelligence. The foundation insists that identity verification tools “should scale at a similar pace to help prepare humanity for the AGI era,” and says the latest funding will be deployed primarily to manufacture more Orbs, subsidize US city roll-outs, and refine the protocol’s fee model. Related Reading: Worldcoin Rejection At $2.1 Sparks Concerns Of Prolonged Downtrend With venture capital titans effectively doubling down at market price—and doing so after a near-90% drawdown—the trade is being interpreted as a high-conviction signal that the biometric-identity narrative may be poised for a second act. Whether that confidence can overcome regulatory headwinds and lingering privacy concerns will define the next chapter for Sam Altman’s most controversial crypto experiment. WLD Chart Check A weekly chart of WLD/USDT (Binance) shows price rebounding in a V-bottom manner from the low at $0.57—the 0-Fib anchor in the current retracement grid—and pushing into the cluster of moving averages that have capped every rally since the beginning of the year. The 20-week EMA ($1.27) is the immediate hurdle; clearing it would expose the 50-week EMA at $1.87 and then the 0.236 Fibonacci retracement at $3.27.The psychologically weighty $5 region around the 0.382 level could come afterwards. Notably, momentum has brightened: the weekly RSI is curling upwards, while higher volume bars confirm fresh dip-buying interest. Still, the longer-term structure remains decisively bearish so long as price trades beneath the $1.33-$1.41 resistance area. At press time, WLD traded at $1.337. Featured image created with DALL.E, chart from TradingView.com
Indonesia’s Ministry of Communication and Digital has temporarily suspended World (formerly Worldcoin) and its digital identity platform, World ID, citing registration issues and possible violations of local electronic system rules. According to a May 4 statement, the ministry confirmed it had suspended the Electronic System Organizer Registration Certificate (TDPSE) for both Worldcoin and World ID. […]
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World (formerly known as Worldcoin) has unveiled World Chat, a new messaging tool integrated into the World App. According to a March 6 announcement, this “Mini App” allows users to send messages and transact crypto within the World Network, enhancing communication and digital transactions. Mini Apps are lightweight web-based applications integrated within the World App. […]
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Worldcoin (WLD) has seen a nearly 40% surge in the last week, briefly testing the $3 mark. The cryptocurrency hit a 4-month high after nearing the upper zone of a multi-month range. Its recent performance has fueled investors’ optimism about a possible breakout, which could send the token to new highs. Related Reading: Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause? Worldcoin Hits 4-Month High Worldcoin has seen a considerable decline since hitting its all-time high (ATH) of $11.74, retracing around 75% from its March high. During the Q3 retraces, the cryptocurrency lost the $3 support, diving below the $2 mark after August’s “Black Monday.” Since then, WLD has hovered between the $1.3-$3.2 price range, consolidating below the $2.5 for the past couple of months. Following the November Post-election rally, Worldcoin has surged around 75% in three weeks, reclaiming the $2 zone. Earlier this week, the cryptocurrency’s momentum propelled WLD above the $2.5 resistance level for the first time in three months, turning it into support the following days. Moreover, the token surged 23% intraday, hitting its four-month high on November 28 after momentarily trading above the $3 mark. Crypto analyst Yuriy suggested that a “big move” is coming for the cryptocurrency. The analyst noted that WLD’s open interest (OI) has significantly surged this month, rising 135% since election day. According to Coinglass data, Worldcoin’s OI jumped from $184 million to $433 million in three weeks, recording its second-highest day on Wednesday. Additionally, it has seen a 9.65% in the last 24 hours and a 12% jump in the past hour, signaling heightened confidence and participation in the cryptocurrency. To Yuriy, the cryptocurrency could follow the steps of Cardano (ADA), which recently saw its price hit a 2-year high. Following its OI increase, the token recovered from its 75% decline and broke out of its multi-month consolidation range, reclaiming the long-awaited $1 mark. WLD’s Breakout To Target $3.5 The analyst explained that, after the recent WLD price action, the $2.8 mark is a crucial support level to confirm, as it served as a significant resistance level earlier this month. As a result, consolidating above this level could propel the token’s price to the next target. The token is nearing a breakout from the 4-month range, which could target the $3.5 price range in the short term. Analyst AMBcrypto pointed out that the $3.5 mark is the next major resistance for Worldcoin, indicating that a breakout from this level “will push it towards the previous high” of $11. Related Reading: Latest Memecoin Sensation CHILLGUY Hits $0.65 ATH, What’s Behind The 80% Rally? As of this writing, Worldcoin trades above $2.9, having surged 31% in the last month. Additionally, the token has seen a 42% increase in daily activity, registering a trading volume of $1.67 billion in the past 24 hours. Featured Image from Unsplash.com, Chart from TradingView.com
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. As Worldcoin struggles to regain upward momentum, the risk of further declines grows, signaling potential challenges ahead. This article aims to explore the implications of Worldcoin’s recent struggle at the $2.1 resistance level and evaluate whether it could signal an extended downtrend. Through an analysis of technical indicators and current market dynamics, we’ll assess the possible risks and opportunities for Worldcoin, offering traders insights into what may lie ahead for the token’s price movement. Technical Indicators Signal Potential For Extended Downtrend On the 4-hour chart, WLD’s price is exhibiting negative momentum, trading below the 100-day Simple Moving Average (SMA) as it trends downward toward the $1.27 support level. A continued descent toward the $1.27 support suggests that selling pressure is building, and if the support fails to hold, Worldcoin could experience more declines. Also, the 4-hour Composite Trend Oscillator for WLD is showing bearish signals, with the SMA line crossing below the signal lines and approaching the oversold zone, suggesting that sellers are becoming more dominant. As the indicator nears oversold territory, it reflects heightened selling pressure, raising the potential for a downtrend. Related Reading: Worldcoin Gains Upside Momentum: Is A Major Breakout Ahead? On the daily chart, Worldcoin is exhibiting strong downward momentum, characterized by a bearish candlestick pattern following a failed attempt to break through the resistance at $2.15, indicating increased selling pressure and that the asset may continue to drop. Additionally, WLD is currently facing challenges as it attempts to drop below the 100-day SMA, a key indicator that typically signals a pessimistic trend when breached. If WLD manages to close below this level, it could further confirm the negative sentiment in the market, potentially leading to additional selling and a sustained downturn. A detailed analysis of the 1-day Composite Trend Oscillator shows that WLD is likely facing extended losses. The signal line has crossed below the SMA line and is trending downward toward the zero line, indicating a negative shift in momentum. Should the downward trend persist, Worldcoin could encounter significant difficulties in recovering, resulting in a prolonged period of waning price movement. Worldcoin Price Outlook: Will Bears Maintain Control? As Worldcoin encounters heightened downside pressure after being rejected at the $2.15 resistance level, key support zones become crucial to monitor. If bears continue to assert control, they may push the price down to the $1.27 support level. Related Reading: Worldcoin Soars 31%: Will Network Upgrades Push WLD Price Higher? A breakdown below this level could lead to further losses, possibly testing other support levels and intensifying pessimistic sentiment in the market. Conversely, if support holds, it may restore confidence among buyers and create an opportunity for a price recovery. Featured image from YouTube, chart from Tradingview.com
Worldcoin (WLD) is showing signs of a strong upward push, gaining traction toward the $3.2 key resistance level. As market optimism builds, many are wondering whether Worldcoin is on the verge of a major breakout that could propel it to new highs or if current gains might face resistance in the near term. With growing momentum in its favor, this analysis explores the recent bullish momentum behind WLD and assesses whether it has the potential to trigger a major breakout. By evaluating key resistance levels, technical indicators, and overall market sentiment, we seek to determine if this rally can push the token to new highs or if a reversal is on the horizon. Analyzing Recent Gains Of Worldcoin WLD is currently trading above the 4-hour 100-day Simple Moving Average (SMA), indicating a robust bullish trend. The recent breakout above the key $2.1 resistance level further strengthens its upward momentum, suggesting that buyers are actively pushing the price higher. Should WLD maintain its position above this key threshold, it could open the door for more gains, with the next target potentially set at the $3.2 resistance level in the near future. An analysis of the 4-hour Relative Strength Index (RSI) reveals renewed bullish potential, as the RSI has surged to 77% after dipping to 52%. A reading above 70% often signals that an asset is approaching overbought conditions, indicating that WLD could experience short-term consolidation or profit-taking. However, if the buying pressure persists, it could lead to further upward movement, driving the price toward higher resistance levels. Related Reading: No Ties To OpenAI: Worldcoin Drops 9% As Top Trader Issues Warning Furthermore, the daily chart shows that Worldcoin is experiencing considerable pressure on the upside, characterized by a series of bullish candlestick formations. This positive trend is underscored by the asset’s position above the critical $2.1 support level and the 100-day SMA. As WLD maintains this upward trajectory, it reinforces optimistic sentiment in the market, setting the stage for potential gains as it approaches higher resistance levels. Lastly, the RSI on the daily chart is currently positioned at 72%, well above the pivotal 50% threshold, which suggests that buying pressure significantly outweighs selling pressure in the market. Can WLD Maintain Its Uptrend, Or Will Bears Intervene? WLD is currently exhibiting strong, upbeat momentum as it approaches the $3.2 resistance level. A successful breakout above this mark could unlock additional gains, potentially driving the price toward the $5.2 resistance level. Related Reading: Worldcoin Drops 6% Amid Alameda Research 1.5 Million Token Sale, Will WLD Price Hold? Conversely, if bears take control at the $3.2 resistance level, the price may start to decline toward the $2.1 support range. A drop below this level could trigger a deeper decline, possibly leading to a test of the $1.2 support level and beyond. Featured image from LinkedIn, chart from Tradingview.com
The Worldcoin project, spearheaded by Sam Altman of OpenAI, is entering a critical phase with the scheduled unlocking of Worldcoin tokens for early contributors starting July 24. The project earlier today announced a significant extension in the unlock period for 80% of the tokens held by team members, lengthening the duration “from 3 years to […]
Worldcoin (WLD) recently faced more regulatory scrutiny after halting its operations in Spain. Its developer, Tools For Humanity (TFH), has agreed to extend the operational pause in the country as part of the ongoing investigation regarding the company’s data collection and processing. Related Reading: BREAKING: Robinhood To Acquire Crypto Exchange Bitstamp In Major Expansion On […]
Worldcoin, through its developer Tools for Humanity Corporation, has agreed to halt its operations in Spain until at least the end of 2024. This decision comes in response to an ongoing investigation by the Spanish Agency for Data Protection (AEPD) into the company’s data collection and processing practices. This pause reflects a broader scrutiny under […]
The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone.