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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

American Singer Mariah Carey Offers Free $20 In Bitcoin To Promote Adoption

Best Owie
Best Owie
Last Updated: June 11, 2024 1:59 pm
3 mins read
Picture of American singer Mariah Carey

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Mariah Carey has now solidified her stance in the bitcoin industry. The five-time Grammy winner had teamed up with the Winklevoss twins’ crypto exchange Gemini to launch a campaign that was aimed at empowering women around the world using crypto. The singer announced the partnership with Gemini via Instagram. In the informative Instagram post, Mariah Carey encourages people to sign up on Gemini and learn about crypto.

Carey boasts a following of over 10 million on the platform and is using her influence to encourage more women to get invested in the space. Although the post was tagged as a paid partnership, its value to the crypto space cannot be overemphasized. With more women in positions of power and influence getting in crypto, everyday women are inspired to explore the space and see what opportunities it could hold for them

Free $20 Bitcoin On Signup

Carey’s partnership with Gemini also comes with an upside for her fans. The singer announced in the post that if they used her link to sign up on Gemini’s exchange platform, then they will get $20 worth of free bitcoin on sign up.

Related Reading | Bitcoin New All-Time Cleared, $100,000 Straight Ahead?

In the video, Carey also talked about investing in bitcoin. She addressed one of the most common misconceptions when it comes to investing in BTC, which is that an individual will have to purchase a whole bitcoin to get started. Mariah Carey explained to her 10.2 million followers that they did not need to buy a whole BTC to get started. Instead, they could buy small portions of a bitcoin to get started.

Bitcoin price chart from TradingView.com

Bitcoin price retests $63,000 | Source: BTCUSD on TradingView.com

The singer said in the video that Gemini’s free educational materials helped her learn about space. As of today, the video already has over 500,000 views and has been making the rounds on social media.

Helping Women In STEM

It is no secret that the ratio of men to women in STEM fields is highly disproportionate. This has been due to the field being historically viewed as a field for men only. The ratio of women of color in the field is even more disproportionate and this has spilled into other fields like the crypto industry.

Related Reading | Analyst Puts Bitcoin Bottom At $50,000, Here’s Why

Black Girls Code is a not-for-profit organization that was founded in 2011 to combat this glaring issue. It provides support and pathways for women of color to get into the field of tech, and Mariah, in conjunction with Gemini, is supporting the cause.

A portion of the trades made by users who sign up using the singer’s code will go to the not-for-profit. So in addition to giving users $20 in bitcoin on signup, an organization dedicated to the growth of women of color in the STEM field will profit off the partnership too.

Featured image from Vulture, chart from TradingView.com
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Best Owie
Best Owie

Best Owie

Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality.

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Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best’s publications, which are always clear and concise, enabling easy reading and understanding for all.

Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best’s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community.

Best’s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information.

Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity.

When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world’s most quiet and well-behaved Husky. Best’s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well.

As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers.

Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best’s prolific career in the media industry is a testament of how hard work and dedication pays.

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