Ethereum has surpassed the $3,000 mark, Bitcoin remains strong above $51,000, and WLD emerges forcefully. All the crypto news you need is right here. We usually open this crypto news bulletin talking about Bitcoin, but this week Ethereum takes the spotlight: it has just surpassed the $3,000 mark and its upcoming update looks very promising.
Ethereum surpasses $3,000
And it hasn’t been by chance. ETH has been performing better than Bitcoin in recent weeks, and there are several reasons that may explain it. Do you remember the Bitcoin ETFs that were approved in January? They have propelled BTC to yearly highs, and there’s more to come.
Well, a decision on Ethereum ETFs will be made in less than 90 days. To give you some context, with BTC, the price rose since August 2023 when the dates for studying its ETFs were announced, and it soared just a few weeks after they were approved.
Institutional adoption also plays a role: Galaxy Investments recently bought 26,000 ETH, valued at around $76 million, and another unknown entity acquired a total of 54,721 ETH.
But there’s more. Ethereum developers are going to update their algorithm in mid-March. They have already conducted tests, and everything has gone smoothly. If deadlines are met, March could be Ethereum’s month. Are you ready?
“There’s no reason to sell Bitcoin”
Michael Saylor is known for many things in the crypto space, but above all because his company Microstrategy holds the largest amount of bitcoins in the world. That’s why what he says is worth considering.
In a recent interview with Bloomberg TV, he said he had no plans to sell any of the bitcoins he owned in the short or medium term. And possibly not even in the long term.
“It’s an asset comparable to gold and stocks, but superior to them in many ways,” he explained in the interview.
He also stated that he is not considering any possible exit, arguing that, in reality, “Bitcoin is the exit strategy”. And you, are you more of a hodler or a trader?
Oh, by the way! The author of ‘Rich Dad Poor Dad’ and influencer, Robert Kiyosaki, has said that Bitcoin will cost USD $100,000 in a matter of months. There you have it.
Worldcoin rises by over 200%
Would you let them scan your retina in exchange for some tokens? This is what Worldcoin, Sam Altman’s company, the creator of Chat GPT, is doing, and this week the price of the WLD token given to those who scan their retina has skyrocketed.
The price reached $7, marking its all-time high, and behind this rise could be the launch of Open AI’s new product, Sora, to generate 60-second videos with Artificial Intelligence.
This relationship suggests that every time Open AI launches a product or a new update of its Chat GPT model, the price of WLD increases, and therefore, the value of those who decided to sell their iris for 25 WLD also increases. Fortunately, WLD can also be acquired while keeping your iris safe and taking advantage of its benefits.
