Billionaire Mike Novogratz Flips Bullish on Worldcoin, Says Bad Idea To Defy Sam Altman’s Crypto Project: Report

"Billionaire Mike Novogratz Recognizes Bullish Potential in Worldcoin (WLD), Sam Altman's Privacy-Focused AI Altcoin" According to reports, Mike Novogratz, the billionaire investor, is acknowledging the bullish outlook for Worldcoin (WLD), an artificial intelligence-based altcoin with a focus on privacy, developed by Sam Altman, the CEO of OpenAI.

"Galaxy Investment Partners CEO Expects Worldcoin's Price Surge Amid AI Hype: Bloomberg Report"

As per a recent Bloomberg report, the CEO of Galaxy Investment Partners, Mike Novogratz, predicts a promising future for Worldcoin, the iris-scanning technology-based cryptocurrency that launched recently. Novogratz believes that the ongoing AI hype cycle will fuel the price rise of Worldcoin.

Highlighting the significance of Sam Altman's involvement, Novogratz advises against betting against Altman at this moment, expressing optimism about the potential for Worldcoin's price to surge significantly.

At the time of writing, Worldcoin is trading at $2.30, experiencing a minor 6% decrease in the last 24 hours.

In addition, Novogratz praises BlackRock CEO Larry Fink for his efforts to establish a spot market Bitcoin (BTC) exchange-traded fund (ETF). Fink's change of stance on Bitcoin, considering it as an "international asset," and the pursuit of a BTC ETF could trigger a fresh wave of investment into the leading cryptocurrency by market cap.

Referring to the term "orange-pilled," Novogratz highlights how Fink's transformation from a nonbeliever to a believer in Bitcoin is noteworthy and could attract global interest and trust in the cryptocurrency.

Notably, BlackRock submitted a bid earlier this year to create a BTC ETF, offering investors a means to gain exposure to Bitcoin without directly holding the digital asset. However, the official approval or rejection of the bid is yet to be confirmed.

Aug 01, 2023

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