Sam Altman-Founded Worldcoin Outstrips Gains Of Bitcoin, Ethereum After Major Relief From Kenyan Authorities
Portfolio Pulse from Aniket Verma
Worldcoin, a blockchain-based identity verification project founded by Sam Altman, surged over 7% after Kenyan authorities discontinued an inquiry into the project's alleged misuse of personal data. This significant gain outstripped those of Bitcoin and Ethereum, which remained stable. Worldcoin's trading volume also jumped 74% to $275 million.
June 21, 2024 | 3:21 am
News sentiment analysis
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NEUTRAL IMPACT
Bitcoin remained stable while Worldcoin surged over 7% following positive regulatory news for Worldcoin.
Bitcoin's price remained stable despite Worldcoin's significant gains. The news primarily affects Worldcoin, with minimal direct impact on Bitcoin.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Ethereum remained stable while Worldcoin surged over 7% following positive regulatory news for Worldcoin.
Ethereum's price remained stable despite Worldcoin's significant gains. The news primarily affects Worldcoin, with minimal direct impact on Ethereum.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50