The strength of Bitcoin still hinges on the approval of a spot ETF, which could influence the flow of significant external funds. Two key levels to watch are the upper resistance at $30,000 and lower support around $28,500. If Bitcoin consolidates above the resistance level with significant volume, the outlook could be favorable. Conversely, a substantial break below the support level could suggest further exploration to the downside.
French Privacy Watchdog Has Launched an Investigation into Worldcoin
Reuters reported that the French privacy regulatory authority has initiated an investigation into Worldcoin, as concerns have arisen about the legality of the biometric data collection and storage practices. The French privacy regulator, CNIL, stated that the investigation revealed the authority of the German state of Bavaria. It was further mentioned that the Bavarian authorities have been conducting the investigation with the support of CNIL.
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