October
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Is the Worldcoin (WLD) Price Anchored at $2 Until October?
The price of #Worldcoin (#WLD ) seems to have stabilized around $2 after a volatile debut on cryptocurrency exchanges.
This stabilization is likely due to its initial supply distribution strategy, where 143 million tokens are in circulation. Of these, 43 million were airdropped to app users, while the remaining 100 million were loaned to market makers until #October 2023.
Market makers can return the tokens or buy them for $2 + ($0.04 * X). This approach anchors the price around $2, making the token attractive to potential users.
Technical analysis indicates that most traders are holding WLD, and the token appears to be fluctuating within an ascending channel pattern, eyeing a rebound towards the $2.35–2.40 range.
#Binance
#crypto2023
The price of #Worldcoin (#WLD ) seems to have stabilized around $2 after a volatile debut on cryptocurrency exchanges.
This stabilization is likely due to its initial supply distribution strategy, where 143 million tokens are in circulation. Of these, 43 million were airdropped to app users, while the remaining 100 million were loaned to market makers until #October 2023.
Market makers can return the tokens or buy them for $2 + ($0.04 * X). This approach anchors the price around $2, making the token attractive to potential users.
Technical analysis indicates that most traders are holding WLD, and the token appears to be fluctuating within an ascending channel pattern, eyeing a rebound towards the $2.35–2.40 range.
#Binance
#crypto2023
The defense #team of crypto founder Sam Bankman-Fried is considering appealing for a trial postponement, with a decision deadline of September 7. This follows a recent virtual hearing during which Judge Lewis Kaplan indicated openness to the idea of a delay. Bankman-Fried's lawyers have expressed concerns about their client's ability to adequately prepare for the upcoming trial.
However, the chances of a trial postponement appear slim, as Assistant U.S. Attorney Danielle M. Kudla argued that #Bankman-Fried has sufficient time and resources for preparation. Bankman-Fried is currently facing two separate trials, one scheduled for #October 3 to address seven criminal fraud charges and another in #March #2024 for six additional accusations. His legal team had previously requested his temporary release, citing challenges in reviewing extensive evidence without proper resources. This legal development highlights the complex legal proceedings surrounding the crypto industry and its prominent figures.
However, the chances of a trial postponement appear slim, as Assistant U.S. Attorney Danielle M. Kudla argued that #Bankman-Fried has sufficient time and resources for preparation. Bankman-Fried is currently facing two separate trials, one scheduled for #October 3 to address seven criminal fraud charges and another in #March #2024 for six additional accusations. His legal team had previously requested his temporary release, citing challenges in reviewing extensive evidence without proper resources. This legal development highlights the complex legal proceedings surrounding the crypto industry and its prominent figures.
BitcoinBitcoin Price Rises Above $28,000: Has Uptober Begun?
Today, the price of bitcoin rose above $28,000, leading some to claim that uptober has begun.
In reality, it has only returned to the levels of the first half of August, but compared to USD 24,800 on the 11th of September, it is now +13.5%. #USD 24,800 was the low for this first part of the second half of 2023.
Upctober: #bitcoin price above USD 28,000
The term ‘uptober’ is obviously a play on words between “up” and “october”.
It refers to the fact that since 2013, the month of #October has twice ended with a drop in the price of Bitcoin, while all other times it has been on an #upward trend.
Today, the price of bitcoin rose above $28,000, leading some to claim that uptober has begun.
In reality, it has only returned to the levels of the first half of August, but compared to USD 24,800 on the 11th of September, it is now +13.5%. #USD 24,800 was the low for this first part of the second half of 2023.
Upctober: #bitcoin price above USD 28,000
The term ‘uptober’ is obviously a play on words between “up” and “october”.
It refers to the fact that since 2013, the month of #October has twice ended with a drop in the price of Bitcoin, while all other times it has been on an #upward trend.
Welcome to #October folks. I hope all your wishes come true this month! 🍂✨ What would you like to wish for?
Whether it's related to personal goals, happiness, health, or any other aspect of your life, feel free to share your wish or ask for ideas, and I'll do my best to assist you.
May this month bring you happiness and fulfillment.
#uptober #binancefeed
Whether it's related to personal goals, happiness, health, or any other aspect of your life, feel free to share your wish or ask for ideas, and I'll do my best to assist you.
May this month bring you happiness and fulfillment.
#uptober #binancefeed
