Ultimate magazine theme for WordPress.

Billionaire Mike Novogratz Bullish on Worldcoin, Says Opposing Sam Altman’s Crypto Project is a Bad Idea: Report

According to reports, billionaire Mike Novogratz sees bullish potential in Worldcoin (WLD), a privacy-focused, artificial intelligence-based altcoin developed by Sam Altman, the CEO of OpenAI.

According to a new report from Bloomberg, the CEO of Galaxy Investment Partners believes the price of Worldcoin, which launched last week, will rise due to the current artificial intelligence hype.

“They don’t want to bet against Sam Altman right now. I think the price can potentially go much higher because there is an AI hype cycle.”

Worldcoin, which uses iris scanning technology, is trading at $2.30 at the time of writing, down 6% over the past 24 hours.

Novogratz praised BlackRock CEO Larry Fink for his efforts to create a Bitcoin (BTC) exchange-traded spot market fund (ETF), saying that the CEO is the “most important” thing that happened to the flagship digital asset this year.

According to the billionaire, a change in his stance on Bitcoin by Fink, who sees it as an “international asset” and is targeting a BTC ETF, could spark a new wave of investment in the crypto-asset by market cap.

“He got an orange pill, as we say. With an orange pill, you take a non-believer and make them believe in bitcoin. Larry was an unbeliever. Now he’s saying, “Hey, this is going to be a global currency.” People all over the world trust him.”

Earlier this year, BlackRock submitted an offer to create a BTC ETF that would allow investors to gain exposure to Bitcoin without owning the crypto asset itself. It has yet to be officially approved or denied

Don’t miss a thing – Subscribe to receive email alerts straight to your inbox

Check the price action

Follow us on Twitter, Facebook and Telegram

Surf the Daily Hodl Mix

Check out the latest headlines

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before making any risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that you transfer and trade at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.

Featured image: Shutterstock/pedrosek

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers

Comments are closed.

%d bloggers like this: