For-Exx Kripto

🔐 END-OF-DAY MARKET REPORT — August 18, 2026
🌐 TODAY’S TOP HEADLINES
U.S.-Iran negotiations remain deadlocked; restricted shipments through the Strait of Hormuz have revived concerns over energy supply, pushing Brent crude to around $91 per barrel.
The U.S. 10-year Treasury yield rose to 4.73%, while the 30-year yield reached 5.31%, its highest level in more than two years; elevated yields and oil prices are weighing on risk appetite.
All three major U.S. stock indexes declined; energy stocks were strong, while technology stocks were mixed.
The U.S. Treasury Department opened public comment on stablecoin implementation rules under the GENIUS Act.
Japan’s 5-year government bond yield rose 2 basis points to a record 2.18%.
A macOS screen-sharing vulnerability was exploited by attackers to gain root access and distribute Monero mining malware.
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₿ BITCOIN
BTC recovered to the $64,000-$64,500 range today after falling below $63,000 at the start of the week; the $65,000-$65,600 range remains a strong supply zone that has not been broken on any attempt this month. Despite more than $385 million in net outflows from spot Bitcoin ETFs last week, net inflows resumed on Monday following a three-day outflow streak.
$63,245 is being watched as short-term support, with a close below it potentially bringing the $62,665 area into focus; a break above $64,470 would signal strengthening buying confidence. The Fear & Greed Index stands at 40, around the fear-neutral boundary, while the Altcoin Season Index recovered to 46 — cautious, but no panic. $BTC
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🔷 ETHEREUM & ALTCOINS
ETH is trading weakly in the $1,895-$1,910 range in line with BTC; the continued deadlock in the Middle East is generally weighing on risk appetite. Total crypto market capitalization rose 2.6% daily to $2.28 trillion; BTC dominance stands at 56.5%, while ETH dominance is 10.1%. The Polkadot and XRP Ledger ecosystems were among the day’s top gainers. On the losing side, a sharp correction occurred: Velvet fell 44.5%, Cysic 36.4%, and SAFEbit 30.5%.
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📋 TOP CRYPTO NEWS
Jane Street’s Q2 13F filing showed that it increased its Bitcoin ETF position by $630 million, bringing its total to approximately $1.06 billion; in the previous quarter, it had reduced its overall BTC ETF position by 71%.
Bitmine increased its total Ethereum holdings to 5.82 million ETH with a new purchase of $19 million and 9,926 ETH — equivalent to 4.8% of circulating supply, approaching its 5% accumulation target.
Total stablecoin market capitalization fell to approximately $308.3 billion in July — the third consecutive month of net outflows.
Pump.fun launched a zero-commission trading model with cross-chain fees fixed at 0.1%.
The Ethereum Foundation released Platåberget, the early testnet for the Glamsterdam upgrade; the upgrade aims to increase L1 transaction capacity and block production efficiency in the second half of 2026.
Hyperliquid supported the SEC’s proposal to remove the order-protection rule, calling for best-execution guidance specifically tailored to on-chain markets.
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🔓 TOKEN UNLOCKS
Avalanche (AVAX)
August 20, 2026
Amount: approximately $268 million (2.4% of circulating supply) — 9.4-9.5 million AVAX
Recipient profile: Part of the routine monthly vesting program (team/investor and foundation allocations)
Selling pressure: 🔴
Note: One of the largest dollar-denominated unlocks of the month; its size creates short-term downside pressure risk for AVAX.
No new confirmed unlock above the threshold was identified for August 19.
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🔭 OUTLOOK & UPCOMING EVENTS
The U.S. August PMI data and Japan’s CPI, both due on August 21, will coincide with AKE’s unlock representing 9.35% of circulating supply, potentially increasing volatility toward the weekend. The August 20 AVAX unlock will be closely watched as one of the largest individual supply events remaining this month. Restricted tanker traffic through the Strait of Hormuz and rising oil prices are likely to continue pressuring risk assets, including crypto, through the geopolitical risk premium.

🔐 END-OF-DAY MARKET REPORT — August 15, 2026
🌐 TODAY’S TOP HEADLINES
OCC granted preliminary conditional approval to World Liberty Trust Company on August 14 to organize as a national trust bank; this allows World Liberty Financial to manage the reserves, issuance and redemption of its $4 billion USD1 stablecoin internally.
The CFTC used its emergency authority under Section 8a(9) to protect institutional prediction markets, including Kalshi, from state-level lawsuits.
The EU mandated implementation of its 20th sanctions package — crypto services to Russia will be banned through May 2026; exchanges including Binance have begun blocking transactions involving HTX and ten other non-compliant platforms.
Cboe BZX Exchange filed to list 3x leveraged Bitcoin and Ether ETFs — this is not an approval, only a regulatory filing.
Unverified claims of a Coldcard hardware wallet exploit are circulating in the market — 1,778 BTC (~$112 million) is allegedly being withdrawn from wallets using older firmware, but there is no official confirmation from Coldcard or an independent source yet.
CME open interest fell to ~123,000 BTC, its lowest level since February 2024; Binance surpassed CME in futures open interest for the first time since 2023 — institutional liquidity is shifting overseas.
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₿ BITCOIN
BTC is trading in a narrow $63,000-$63,200 range, showing an almost flat move of just 0.05% since Friday. Spot ETFs recorded $56.2 million in net outflows on Friday — BlackRock IBIT led the outflows with $55.5 million, followed by Fidelity FBTC with $6.8 million, while Bitwise BITB was the only exception with $6.1 million in inflows. The Crypto Fear & Greed Index rose to 35 (30-day average: 28), indicating a partial recovery from deep fear but still below neutral. Long liquidations reached approximately 4.9 times short liquidations — crowded long positioning remains under pressure.
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🔷 ETHEREUM & ALTCOINS
Solana ETFs recorded $10.26 million in weekly inflows, the highest weekly inflow among all crypto ETFs. Chainlink stood out among large-cap coins, rising 7.53% to $9.41, with daily volume reaching $630 million. OKB rose 5.07% to $106.97, while Avalanche gained 4.0% to $6.66; ACE surged 102.8% following a confirmed Bitget PoolX promotion.
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📋 TOP CRYPTO NEWS
The SEC postponed its proposed tokenization “innovation exemption” and canceled its August 14 meeting — regulatory uncertainty is being pushed into September.
The Wyoming Blockchain Symposium and the academic Crypto 2026 (IACR) conference in Santa Barbara will take place on August 19-20; on August 19, the Fed will release the minutes of its July FOMC meeting, while the White House will hold a high-level meeting with crypto, finance and prediction-market executives.
The crypto sector continues to increase user participation through Bitget PoolX and similar lock-up promotions; ACE’s lock-up period ends at 12:00 UTC on August 17.
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🔓 TOKEN UNLOCKS
YZY
August 16, 2026
Amount: ~$35.22 million (22.83% of circulating supply) — 120.83 million tokens
Recipient profile: Yeezy Investments LLC (Vesting 3: 100M, Vesting 1: 12.5M) + other allocations
Selling pressure: 🔴
Note: The largest single cliff unlock of the month by dollar value; the highly concentrated recipient profile increases selling risk.
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🔭 OUTLOOK & UPCOMING EVENTS
BTC’s tight range and CME open interest falling to multi-year lows indicate that institutional liquidity is shifting toward overseas exchanges, particularly Binance — this structural change could affect where price discovery takes place over the medium term. If the unverified Coldcard exploit claims are confirmed, self-custody security could return to the forefront. The August 16 YZY unlock carries daily volatility risk due to its highly concentrated recipient profile. The FOMC minutes on August 19 and the White House meeting with the crypto sector stand out as the most critical events of the coming week.

August 17–21, 2026 | Weekly Risk Calendar
🎯 Main Theme of the Week
July CPI softened to 3.4%, while core CPI fell to a five-month low of 2.5% — both came exactly in line with expectations. PPI remained unchanged, with the expected 0.2% increase failing to materialize. This combination of softer data, together with July’s -23K NFP shock, pushed expectations for a September hold to 64%. However, while the data has calmed, the calendar has not: this week brings both the July FOMC minutes and a global central-bank PMI package — the market will get its first look at what was actually discussed at the meeting that passed with three dissenting votes under Warsh. August NFP and CPI have not yet been released; this week is an interim breather on the road to the September FOMC, but the minutes could contain surprises.
📅 Economic Calendar
Tuesday – August 18
🇺🇸 15:30 TRT — Housing Starts & Building Permits, July 2026
🇺🇸 16:15 TRT — Industrial Production & Capacity Utilization, July 2026
The July picture for the interest-rate-sensitive housing sector and manufacturing side. Following the weak employment picture, these two indicators will test the breadth of growth — is only the labor market weakening, or is the broader economy slowing as well?
🇬🇧 09:00 TRT — UK CPI, July 2026
The trajectory of UK inflation; a parallel data point showing whether a global disinflationary picture is emerging alongside the Fed’s easing signals.
Wednesday – August 19
🇺🇸 21:00 TRT — FOMC Minutes (July 28–29 Meeting)
The centerpiece of the week. At that meeting, three members (Hammack, Kashkari, Logan) dissented in favor of a 25-basis-point hike, while Warsh defended the framework that “we are looking at the direction of the data, not a single data point.” The minutes will show the depth of this internal debate: How strongly were the dissenting members’ arguments presented? Since the members were discussing this at the meeting before the July NFP came in at -23K, the minutes reflect an internal Fed debate that was unaware of the weak employment picture we have today — this lag factor will shape how the market interprets the minutes.
Friday – August 21
🌍 Afternoon — Global S&P Flash PMI Package (Germany, Eurozone, UK, U.S.)
🇺🇸 16:45 TRT — U.S. S&P Global Flash PMI (Manufacturing + Services), August
The first real-time activity data for August. Following July’s -23K NFP shock, this will provide the first fresh signal on businesses’ hiring and growth plans. The prices sub-indices will show whether the zero growth in PPI is continuing.
⚡ Crypto & Market Risks
FOMC Minutes (Wednesday 21:00):
Strong representation of the dissenting members’ arguments in the minutes → the market remembers that a September hike remains on the table, and the dollar could recover. If the minutes show Warsh’s “we are waiting for the data” framework as dominant → the current 64% hold pricing is reinforced, maintaining a neutral-to-positive backdrop for risk assets. The critical point: The minutes are a backward-looking snapshot — they do not include the July NFP shock, meaning the market may view them as “old news” and largely look past them.
Flash PMI (Friday 16:45):
A signal that hiring intentions are weakening → strengthens the interpretation that the NFP shock was not a one-month anomaly but part of a genuine slowdown; September hold expectations become even more entrenched, supportive for crypto. A strong PMI, however, would support the thesis that -23K was statistical noise and could make the market cautious again.
Calm but fragile week:
August NFP and CPI have not yet been released — this week is an interim window. Combined with low summer liquidity, an unexpected sentence in the FOMC minutes or Flash PMIs could trigger a disproportionately large market reaction. Jackson Hole (August 27–29) is the next major event; this is a positioning week.
$BTC $XRP

Fed’s Search for a New Path: Rate Hike Risk Remains on the Table After Inflation Data
The Federal Reserve’s decision to keep the policy rate unchanged at 3.50%-3.75% at its July 28-29 FOMC meeting has brought a persistent question back to the forefront of markets: Will the Fed’s next move be a cut or a hike? The inflation data released on August 12 and a series of hawkish central bank messages suggest that the answer may be shifting in a different direction from what markets previously expected.
July Decision: Divergence Beneath the Surface
The Fed’s decision to hold rates steady at its July meeting was not unanimous, passing by a 9-3 vote. The fact that three committee members voted for a 25-basis-point hike showed that differences of opinion over inflation risks had surfaced within the committee. The meeting minutes, due to be released on August 19, will reveal the reasoning behind this divergence and will be closely watched as a critical data point ahead of September.
CPI Softer Than Expected, But Did Not Change the Picture
The July inflation data released on August 12 presented a mixed picture. Annual CPI edged down to 3.4% from the previous month, while the monthly increase was 0.1%. Core CPI came in at 0.2% month-over-month and 2.5% year-over-year. Ahead of the data, weak employment figures — including a 23,000 decline in July nonfarm payrolls and ADP private-sector employment coming in below expectations — had strengthened expectations that inflation could slow; while the CPI’s moderate reading did not completely remove the hike scenario, according to CME FedWatch, the probability of a September hike fell to 50% from around 60% before the employment data.
Hawkish Camp: Kashkari, Cook and Warsh on the Same Line
Despite inflation losing momentum, the hawkish tone within the Fed has not faded. Minneapolis Fed President Neel Kashkari, one of the three members who voted for a hike at the July meeting, argued that rates should begin to rise gradually now to contain inflation. Fed Governor Lisa Cook delivered a similar message, saying they are prepared to hike if inflation does not slow and emphasizing that policymakers may not have the luxury of waiting for a return to the 2% target.
Fed Chair Kevin Warsh also closed the door on any flexibility around the inflation target; he said there would be no “soft inflation target” or “implicit loose target” approach, with 2% remaining the only reference point. According to the Financial Times, Warsh also signaled that he would be prepared to raise rates at the September meeting if inflation data came in high.
Change in Leadership: From Powell to Warsh
Kevin Warsh became the Fed’s 17th Chair on May 22, 2026, replacing Jerome Powell. His Senate confirmation passed by a narrow 54-45 margin, making the appointment one of the most contentious chair confirmations of the modern era. Warsh was known for his strong criticism of the Fed becoming overly involved in markets and arguing that forward guidance could lead to policy mistakes; sources close to the matter have also confirmed that he has raised the possibility of reducing the frequency of FOMC meetings since taking office.
Trump, meanwhile, said the rate-decision process depends partly, though not entirely, on Warsh, emphasizing that the decision does not belong to him alone.
Jackson Hole in Focus
Investors are now turning their attention to Warsh’s first major speech at the Jackson Hole Economic Policy Symposium. Market participants expect broader and more directional signals from the speech; given Warsh’s distance from forward guidance, he is likely to avoid firm commitments and emphasize data dependence.
Next Stop: September 16
There is no scheduled FOMC meeting in August; the next rate decision will be announced at 21:00 TRT on Wednesday, September 16, following the September 15-16 meeting. This meeting is particularly important because it is one of the four meetings that will include updated economic projections (SEP) and the dot plot.
In summary, the picture is as follows: The moderate CPI reading reduced rate-hike expectations somewhat, but a series of hawkish messages from Kashkari, Cook and Warsh shows that the debate over “rate-hike risk” continues to replace the “rate-cut cycle” scenario that markets had priced in for a long time. The August 19 meeting minutes and Warsh’s Jackson Hole speech will be key in determining the direction before September.
$BTC

🔐 END-OF-DAY MARKET REPORT — August 14, 2026
🌐 TODAY’S TOP HEADLINES
July PPI came in at 4.7% year-over-year, below expectations of 4.9%; however, the crypto market failed to recover despite the moderate reading, with spot Bitcoin ETFs recording net outflows for a second consecutive day.
The SEC canceled its “Regulation Crypto” meeting, its first major regulatory initiative for crypto assets, citing scheduling issues and without providing a new date.
Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion — the deal brings approximately $30 billion in options-based revenue ETFs, including Bitcoin- and Ethereum-linked funds, under Goldman’s asset management umbrella.
Sharplink is expanding its yield strategy by directing $200 million of ETH from its Ethereum treasury into liquid staking through Lido; the assets will be held in custody by Anchorage Digital.
Bitcoin’s 30-day implied volatility index (BVIV) fell to ~36%, its lowest level of 2026 — the VIX index is also at its lowest level since January, indicating a low-volatility regime across markets.
Ongoing Iran-U.S. tensions and rising sovereign debt/bond yields remain background risk factors.
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₿ BITCOIN
BTC fell to the $62,700-$63,000 range this morning, opening unchanged from yesterday but declining more than 1% intraday to its lowest level since August 3; the entire rally from last week has been erased. Trading below all major moving averages, BTC’s Fear & Greed Index fell to 29, while the daily RSI14 stands at 42, weak but not yet in oversold territory. The support zone around $62,532 overlaps with the lower Bollinger Band; reclaiming the EMA20 above $63,961 could signal that the downtrend is weakening. Nevertheless, Bitcoin ETFs still recorded $850 million in net inflows — institutional demand has not completely disappeared despite spot weakness.
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🔷 ETHEREUM & ALTCOINS
ETH is trading in the $1,870-$1,885 range, showing relative resilience compared with BTC despite the broader low-volume market sell-off. XRP continues to consolidate near the $1 level. NEAR, Morpho, TAO and Jupiter have fallen approximately 2% since midnight; cautious positioning remains the dominant theme across altcoins.
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📋 TOP CRYPTO NEWS
Spot Bitcoin ETFs recorded total outflows of $192 million for a second consecutive day — the first back-to-back outflow streak since late July.
RedotPay has suspended plans for a $1 billion U.S. IPO, according to Bloomberg.
Market pricing for the CLARITY Act remains uncertain; analysts believe the bill’s eventual passage would be a long-term catalyst, but is unlikely to be a decisive factor in the near term.
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🔓 TOKEN UNLOCKS
Connex (CONX)
August 15, 2026
Amount: ~$11.55 million (1.43% of circulating supply) — 1.32 million tokens
Selling pressure: 🟡
Arbitrum (ARB)
August 16, 2026
Amount: ~$7.19 million (1.61% of circulating supply) — 92.65 million tokens
Selling pressure: 🟡
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🔭 OUTLOOK & UPCOMING EVENTS
Despite PPI coming in below expectations, BTC’s failure to recover and the second consecutive day of ETF outflows indicate that the market is experiencing weakness driven more by liquidity and positioning than by macro factors. The SEC’s postponement of the Regulation Crypto meeting extends short-term regulatory uncertainty. Goldman’s acquisition of NEOS shows that institutional consolidation in crypto-linked income products is continuing. The CONX, ARB and YZY unlocks on August 15-16 could provide an additional source of volatility across altcoins in the coming days; whether the low implied-volatility regime continues should become clearer toward the end of the weekend.

🔐 END-OF-DAY MARKET REPORT — August 13, 2026
🌐 TODAY’S TOP HEADLINES
Metaplanet CEO Simon Gerovich said the transfer of 5,014 BTC ($322 million) was a routine treasury operation, with no sale taking place and the company’s 43,000 BTC holdings remaining unchanged; the transfer cost only ~$8 in network fees.
Fidelity filed with the SEC to add staking to its spot Ethereum ETF.
In Hong Kong, HashKey began offering its regulated HKDAP stablecoin to eligible investors.
Bitwise CIO Matt Hougan said valuations of crypto assets outside Bitcoin could at least double if protocols direct their revenues toward token buybacks and burns.
In South Korea, the head of CeFi lender Delio was sentenced to 15 years in prison for embezzling $50 million from more than 1,100 customers.
U.S. July PPI data and jobless claims for the week of August 8 will be released today; Cisco and Coherent will report quarterly results, while Google will announce a new product launch.
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₿ BITCOIN
BTC opened this morning in the $63,400-$63,600 range, slightly negative from yesterday; every daily opening this week has been lower than the previous day, and daily/weekly/monthly/yearly trends have turned negative. After briefly recovering to $64,400-$64,500 following yesterday’s CPI, the price failed to hold its gains and pulled back to the $63,200-$63,300 range. The $62,000-$66,000 range remains the main trading range since CPI; as long as the Strait of Hormuz remains closed and no lasting solution is reached with Iran, it is becoming harder for BTC to hold above $65,000.
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🔷 ETHEREUM & ALTCOINS
ETH opened in the $1,870-$1,880 range and is slightly negative from yesterday. Monero and Hyperliquid started the day outperforming to the upside in a broader market moving within a narrow, low-volatility range. Fidelity’s application to add staking to its ETH ETF is notable for the expansion of institutional Ethereum products.
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📋 TOP CRYPTO NEWS
KuCoin Research reported that the moderate CPI reading eased rate-hike pressure, but geopolitical tensions in the Middle East are limiting the upside potential in risk appetite.
Bullish reported a $280 million loss in the second quarter due to a $244.6 million decline in the value of its Bitcoin holdings; subscription revenue partially offset the slowdown in digital assets.
Figure’s tokenization-focused blockchain lending marketplace volume surged to $4.3 billion, while quarterly revenue reached $226 million.
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🔓 TOKEN UNLOCKS
UP
August 13, 2026
Amount: ~$3.06 million (7.44% of circulating supply)
Selling pressure: 🔴
Note: One of the highest-ratio unlocks of August; high relative to the circulating float.
SEI
August 15, 2026
Amount: ~$3.7 million (1.42% of circulating supply)
Selling pressure: 🟡
STRK
August 15, 2026
Amount: ~$3.2 million (3.61% of circulating supply)
Selling pressure: 🟡
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🔭 OUTLOOK & UPCOMING EVENTS
Today’s PPI data and jobless claims will be watched to see whether they confirm the moderate inflation picture created by yesterday’s CPI. BTC’s declining opening trend every day this week and its inability to hold above $65,000 show that the unresolved situation in the Strait of Hormuz continues to limit risk appetite. UP’s high-ratio unlock today, followed by SEI and STRK unlocks on August 15, could create volatility among mid-cap altcoins. Progress in the SEC process for Fidelity’s ETH staking ETF application will continue to be monitored as a potential medium-term catalyst for institutional Ethereum demand.

What Is Worldcoin (WLD)? Why Has Sam Altman’s Project Fallen More Than 97%?
Worldcoin (WLD) emerged as one of the most ambitious crypto projects aiming to distinguish real humans from bots on the internet and create a global digital identity network during a period of rapid AI development.
At the center of the project are World ID, World App, World Chain, and the WLD token. Users can verify that they are unique humans through a specialized biometric device called the Orb and, in eligible countries, earn WLD tokens.
The project attracted significant attention even before launch because OpenAI CEO Sam Altman was among its co-founders.
However, WLD’s price performance developed in the opposite direction of the expectations created by the project. WLD reached an all-time high of approximately $11.74 in March 2024. In 2026, it is trading around $0.30. This represents a loss of approximately 97% from its ATH.
What Is Worldcoin (WLD)?
Worldcoin is a blockchain ecosystem focused on human verification and digital identity that now operates under the broader name World Network.
Its main components are:
World ID: A digital identity that allows users to prove they are real and unique humans.World App: A mobile application providing access to World ID, a wallet, crypto assets, and applications.World Chain: An Ethereum-based Layer-2 blockchain designed for human-centered use.WLD: The native token of World Network.
The primary purpose of World ID is to prove that you are a “real human” online without revealing your personal identity. The system aims to accomplish this using zero-knowledge proofs and biometric verification infrastructure.
How Did Worldcoin Emerge?
The foundations of Worldcoin were laid in 2019 with the establishment of Tools for Humanity.
Its co-founders include Sam Altman, Alex Blania, and Max Novendstern.
After years of development and beta testing, the project officially launched on July 24, 2023.
Alongside the launch, the WLD token was introduced and token distribution began for millions of users who had previously been verified through the Orb.
What Did Worldcoin Promise?
The vision presented by Worldcoin was much broader than that of a traditional cryptocurrency project.
The core idea was:
Being able to prove that you are human on the internet in the age of AI.
The project’s promises included:
Global digital identityHuman verification against bots and fake accountsPrivacy-focused identity systemGlobal financial accessBroad distribution of WLDHuman-centered blockchain infrastructure“Proof of Humanity” in the age of AILong-term infrastructure for the concept of an AI-supported universal basic income
World’s own documentation describes one of the fundamental goals of WLD as distributing a large portion of the tokens to unique humans.
What Is Sam Altman’s Role in Worldcoin?
Sam Altman is one of Worldcoin’s co-founders.
However, there is an important distinction.
While the independent governance of World Network is managed by World Foundation, Tools for Humanity plays an important role in technology development and products such as World App.
Tools for Humanity CEO Alex Blania, while Sam Altman serves as chairman of the company.
Therefore, describing Worldcoin as “Sam Altman’s company” would technically be an oversimplification.
However, Altman’s role as a co-founder was a major factor in Worldcoin gaining global recognition.
What Is the Orb?
One of Worldcoin’s most controversial and notable technologies is the biometric device called the Orb.
Users visit a physical location where an Orb is available.
The device uses biometric characteristics to verify that a person is a real and unique human.
Following verification, the user receives a World ID.
According to World’s technical explanation, the system uses cryptographic methods and zero-knowledge proofs designed to protect raw biometric data.
However, this biometric structure is precisely what created one of Worldcoin’s biggest controversies.
Why Did Worldcoin Generate So Much Hype?
Worldcoin’s biggest difference from other crypto projects was its direct connection to the AI narrative.
Sam Altman’s global recognition through OpenAI and ChatGPT helped turn Worldcoin into more than an ordinary altcoin.
During 2023 and 2024, investors focused on the following scenario:
AI will increase the number of bots on the internet → humans will need to prove they are real humans → World ID will become a standard → WLD will gain significant value as a result.
This narrative created very strong speculative demand for WLD.
Why Did WLD Reach $11.74?
WLD’s biggest rally occurred during the first months of 2024.
The combination of the AI and Worldcoin narratives, the broader bull market in crypto, and expectations for global expansion of World ID generated significant demand for the token.
WLD reached an all-time high of approximately $11.74 on March 9, 2024.
At these levels, the market began pricing Worldcoin not merely as a token, but as a potential major component of future global digital identity infrastructure.
However, token economics and regulatory issues gradually became more prominent afterward.
Why Has WLD Fallen More Than 97%?
Several factors contributed to WLD’s collapse following its all-time high.
The most important include:
Very high token supply and continuous unlocksEarly investor and team tokens entering circulationWLD’s real-world usage falling short of expectationsRegulatory issues surrounding World IDBiometric data controversiesWeakness across the broader altcoin marketThe AI narrative failing to translate directly into token priceDeclining investor expectations around its high valuation
Token unlocks in particular created significant selling pressure on WLD for an extended period.
Why Did Token Unlocks Become Such a Major Problem for WLD?
WLD was designed with a total supply of 10 billion tokens.
Not all of the tokens were initially in circulation.
According to data released by World in April 2026, approximately 4.9 billion WLD had been unlocked at that time, with 3.3 billion in circulation.
The total daily unlock rate, previously around 5.1 million WLD, was planned to fall to approximately 2.9 million WLD on July 24, 2026.
This represents an approximately 43% reduction in emissions.
However, the daily unlock mechanism has not completely ended.
This is important for WLD investors because the entry of new tokens into the market can create selling pressure when demand does not grow at the same pace.
Why Has Worldcoin’s Tokenomics Been Criticized?
One of Worldcoin’s fundamental goals was to distribute WLD as broadly as possible among the global population.
However, this distribution model had an important consequence:
Token supply grew rapidly over the years.
On one side, there were WLD tokens distributed to millions of users, while team and investor allocations also needed to enter circulation over time.
Therefore, WLD’s price needed more than simply attracting new users to rise.
Growth in new users and usage needed to exceed the amount of new tokens entering the market.
That balance could not be maintained for an extended period.
Biometric Data Controversies
One of Worldcoin’s biggest problems emerged not from the technology itself but from regulation.
Scanning irises through the Orb led to investigations in several countries over data privacy and consumer rights.
In Spain, the data protection authority temporarily halted Worldcoin’s collection of biometric data in 2024.
Portugal similarly imposed a 90-day suspension on data collection.
The Spanish data protection authority later initiated a process seeking the deletion of iris data collected by Worldcoin.
These developments became one of the most important factors slowing Worldcoin’s global expansion.
Was Worldcoin Really Created to Scan People’s Eyes?
The project’s primary purpose is not simply to collect biometric data.
The fundamental idea advocated by World Network is that as AI develops, distinguishing humans from bots on the internet will become increasingly difficult, creating a need for a global “Proof of Personhood” infrastructure.
However, the use of biometrics for this infrastructure naturally brings serious privacy and centralization debates.
Therefore, Worldcoin’s success depends not only on whether the Orb works technically, but also on whether societies and regulators accept the technology.
Worldcoin Became World Network in 2024
In October 2024, the project underwent a major rebranding.
Worldcoin is now positioned as World Network / World.
The new structure consists of three core components:
World ID + World Chain + Worldcoin (WLD)
This repositioned the WLD token from being the entirety of the project to being the economic component of a broader human-verification and financial network.
World Chain was also launched as the mainnet during the same period.
Does Worldcoin Really Have That Many Users?
World announced that the network had reached more than 20 million participants by the end of 2024.
However, there is an important distinction here:
A “World App user,” a “World ID holder,” and a “unique human verified through the Orb” are not the same metrics.
Therefore, directly interpreting the total number of users announced by the project as the number of active users can be misleading.
World’s primary goal is to increase the number of verified humans globally and make this identity usable across third-party applications.
Was Worldcoin Promoted in Türkiye?
Worldcoin also became one of the projects closely followed by crypto communities in Türkiye.
The “scan your eyes and earn WLD” model and the free-token narrative attracted the attention of individual users in Türkiye.
However, available public sources reviewed do not provide sufficient evidence showing that JrKripto, Paradotor, or another major Turkish crypto influencer conducted a verified paid and organized investor campaign for Worldcoin.
Therefore, it would not be accurate to portray a specific Turkish influencer as having “brought people into WLD.”
Worldcoin’s expansion in Türkiye appears to have occurred primarily through global interest in the project, free WLD distribution, social media, and crypto communities.
Why Did WLD Investors Suffer Losses?
The fundamental problem experienced by Worldcoin investors is not that the project completely disappeared.
The problem is the huge gap between the expectations created by the project and the economic performance of the WLD token.
For an investor who bought WLD at $11.74 in 2024, the decline to around $0.30 represents a loss of approximately 97%.
During the same period, World ID and World Chain continued to be developed.
In other words, this is not a case of “the product disappeared”; rather, the token value collapsed while the product continued to develop.
This distinction places Worldcoin in a completely different category from Terra, SafeMoon, or FTX.
What Are the Expectations for Worldcoin?
Worldcoin’s story is not over yet.
The growth of bots and fake-account problems driven by AI could increase the need for technologies capable of proving that someone is a real human.
If World ID can be used across social media, finance, gaming, ticketing, and other internet services, the project could become an important infrastructure provider.
World Network is also continuing to expand its Orb infrastructure and integrate World ID into different applications in 2026.
However, for WLD to deliver a strong performance again from an investment perspective, two problems need to be solved:
Real growth in World ID usage and the ability of demand to absorb the selling pressure created by increasing token supply.
What Is Worldcoin’s Biggest Risk?
For Worldcoin, the biggest risk is no longer simply the crypto market.
The project’s future also depends on biometric data regulations and social acceptance.
The global expansion of highly sensitive technology such as iris scanning will continue to attract the attention of governments and data protection authorities.
Indeed, investigations and restrictions have occurred in different countries regarding Worldcoin’s Orb operations.
Therefore, if Worldcoin fails, the reason may not be the token price alone.
Failure of regulators or users to sufficiently adopt the project’s underlying identity model could also limit its growth.
Conclusion
Worldcoin is one of the most unusual projects in the crypto market.
On one side, there are extremely powerful narratives involving Sam Altman, artificial intelligence, biometric verification, World ID, and global digital identity.
On the other side, there is a more than 97% decline in token price, billions of new WLD entering circulation, and regulatory problems across different parts of the world.
WLD fell from its approximately $11.74 ATH to around $0.30, losing approximately 97% of its value.
However, it would not be accurate to consider Worldcoin a “dead coin.”
World Network is still being developed, the use cases for World ID are being expanded, and the Orb infrastructure continues to grow.
The real question now is:
Can Worldcoin’s technology for verifying real humans become the standard for the internet of the future, or will WLD remain another major altcoin disappointment left behind by the AI and Sam Altman hype of 2024?
What will determine WLD’s future is not simply its price; it is whether a sustainable balance can be established between real users, real usage, and token economics.

🔐 END-OF-DAY MARKET REPORT — August 12, 2026
🌐 TODAY’S TOP HEADLINES
U.S. July CPI came in at 0.1% month-over-month and 3.4% year-over-year — core CPI was 0.2% monthly and 2.5% annually, in line with expectations; a slight slowdown was recorded from June’s 3.5%.
According to CME FedWatch, the probability of a September rate hike fell to 42% after the CPI data; Treasury yields moved lower following the release.
Funds belonging to merchants with Lightning nodes affected by the BTCPay Server vulnerability were stolen — the security risk remains a source of pressure on the market.
Iran continues to maintain its position that the Strait of Hormuz will remain closed until its conditions are met; Trump’s compensation demand has undermined expectations of relief.
Bloomberg reported that the Trump administration is considering a capital gains tax cut ahead of the midterm elections — potentially the first major broad-based cut since 2003.
Spot Bitcoin ETFs recorded $7.8 million in net inflows on Tuesday, led by BlackRock IBIT.
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₿ BITCOIN
BTC fell to $63,200 due to leveraged position liquidations ahead of CPI this morning before recovering to the $64,000-$64,200 range; as the data came in line with expectations, reduced rate-hike pressure provided support for risk assets. The $62,700-$65,200 range remains the main trading range of recent days; a breakout above $65,200 could open the $66,800 target, while a close below $62,700 could bring the $62,000-$62,400 area into focus. The Fear & Greed Index stands at 37 (Fear), while BTC’s correlation with the S&P 500 remains high at 84.5%.
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🔷 ETHEREUM & ALTCOINS
ETH was trending higher ahead of CPI, trading in the $ 1,880-$ 1,915 range and opening 0.5% higher than yesterday. XRP continues to defend the psychological $ 1level. The broader altcoin market showed a mild recovery in line with BTC after CPI came in as expected.
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📋 TOP CRYPTO NEWS
In the BLS July CPI report, shelter prices rose 0.1% month-over-month, accounting for approximately two-thirds of the overall increase; energy prices fell 1.5% monthly but remained 14.7% higher year-over-year.
Strategy’s official Bitcoin ledger shows that the company sold 1,690 BTC for approximately $ 1.09 million at an average price of $64,262 during the August 5-12 week — its second consecutive weekly sale.
CaptainAltcoin reported that during midterm election years, sharp August declines typically begin during the first two weeks of the month, although the 2026 pattern has not yet become clear.
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🔓 TOKEN UNLOCKS
Story Protocol (IP)
August 13, 2026
Amount: ~1.7% of total supply — 17.5 million tokens
Recipient profile: Private Investors + Insiders + Community
Selling pressure: 🟡
Note: The original February 2026 unlock was delayed by six months to reduce supply pressure; this is the first major unlock.
YZY
August 16, 2026
Amount: ~$35.47 million (22.83% of the planned token distribution)
Recipient profile: Distributed among three separate allocation groups
Selling pressure: 🔴
Note: One of the most dilutive individual unlocks of August.
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🔭 OUTLOOK & UPCOMING EVENTS
The CPI coming in line with expectations pushed the probability of a September rate hike down to 42%, creating a mildly supportive backdrop for risk assets in the short term. However, elevated annual energy prices and uncertainty stemming from the Middle East continue to keep the inflation outlook fragile. Strategy’s second consecutive weekly BTC sale is being watched as a sign of weakening institutional demand. The Story Protocol unlock on August 13 and the YZY unlock on August 16 could become sources of volatility across altcoins in the coming days. If the scope of the BTCPay Server vulnerability expands, crypto infrastructure security could once again become a major market concern.

🔐 END-OF-DAY MARKET REPORT — August 11, 2026
🌐 TODAY’S TOP HEADLINES
Monthly stablecoin card spending volume reached a record $1.03 billion in July, marking another 16% increase.
Bitcoin miner Keel Infrastructure shut down all of its Bitcoin mining sites in the U.S. after second-quarter losses reached $141 million and revenue fell 50%.
Fed’s Goolsbee: Inflation is the biggest problem the economy is currently facing.
Iran said the Strait of Hormuz will remain closed until its conditions are met; Trump’s demand for 50 years of compensation from Iran dashed expectations of relief in Hormuz, sending oil back up to $89.
Michael Saylor’s Strategy is selling thousands of Bitcoin for $432.5 million — the company has not purchased BTC for seven weeks and is instead buying back MSTR preferred shares.
Atlanta Fed President Venable: Inflation is too high; contacts across the Southeast are delivering the same message.
Trump: The war was necessary to prevent Iran from obtaining a nuclear weapon; if we had not attacked Iran, it would have acquired one.
The number of whale wallets holding more than 10,000 BTC reached 90, the highest level in the past six months.
High-frequency trading firms are paying $60,000-$100,000 per month for real-time access to posts from leading Truth Social accounts.
Luke Dashjr, an advocate of the BIP-110 fork, was removed as a BIP editor after the fork mined two blocks and then stopped.
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₿ BITCOIN
BTC opened this morning in the $63,900-$64,300 range, down 1.4% from yesterday’s open, and remains trapped below the $65,000 resistance. The fading expectations of relief in Hormuz and Saylor’s BTC selling for a second consecutive week are putting pressure on the price, while whale accumulation and declining mining capacity, following Keel Infrastructure’s complete withdrawal, point to tightening supply conditions. The market is awaiting tomorrow’s July CPI data — the probability of a September rate hike is currently being priced around a coin-flip level. A sustained close above $65,000 could open the $68,000-$70,000 range; if it remains below, the $62,000-$60,000 zone could come back into focus.
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🔷 ETHEREUM & ALTCOINS
ETH opened in the $1,870-$1,890 range, down 2% from yesterday, moving in line with the broader market sell-off. XRP continues to weaken, approaching a drop below $1. The broader market is in risk-reduction mode ahead of CPI; tomorrow’s data will also be direction-defining for altcoins.
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📋 TOP CRYPTO NEWS
CoinDesk reported that the Hormuz relief trade has unwound and that crypto and equity markets remained largely unchanged ahead of CPI.
BeInCrypto reported that tomorrow’s July CPI data could reshape the Fed, Bitcoin and major markets, with the probability of a September rate hike currently around a coin-flip level.
Decrypt reported that Saylor’s Strategy sold BTC at a loss while selling $650 million worth of MSTR shares, yet MSTR stock barely reacted.
Market reaction remained limited following the CLARITY Act’s postponement to September; Polymarket is pricing the probability of the bill passing in 2026 at 30-33%.
The BIP-110 fork failed to gain miner support — it stopped after mining only two blocks and fell more than 80 blocks behind the main chain.
The 16% increase in monthly stablecoin card spending indicates that crypto-based payment tools are becoming more rapidly integrated into traditional financial channels.
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🔓 TOKEN UNLOCKS
Aptos (APT)
August 12, 2026
Amount: ~$52.1 million (2.20% of circulating supply) — ~11.31 million tokens
Selling pressure: 🟡
Aethir (ATH)
August 12, 2026
Amount: 3.6% of market cap (1.1% of total supply) — ~471 million tokens
Recipient profile: Community (71% of distribution) + Insiders + Private Investors
Selling pressure: 🟡
According to DefiLlama and Tokenomist data, these are the two most notable unlocks for tomorrow; there is no single major cliff unlock.
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🔭 OUTLOOK & UPCOMING EVENTS
Tomorrow’s July CPI data is the week’s most critical event — the probability of a September rate hike is currently around a coin-flip level. A hot reading could increase pressure on BTC, while a cool reading could pave the way for a break above the $65,000 resistance. Trump’s compensation demand has disrupted expectations of relief in the Strait of Hormuz, keeping uncertainty elevated for oil prices and risk appetite. Saylor’s BTC selling for a second consecutive week and Keel Infrastructure’s complete shutdown of its U.S. mining operations highlight different sides of supply pressure — one through selling and the other through reduced production. The APT and ATH unlocks on August 12 could increase volatility among mid-cap altcoins.