NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Celebrities May Be Scooping Up Millions Worth Of Bitcoin

Nick Chong
Nick Chong
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin started out as a grassroots movement. At first, developers, anarchists, and the internet zany were the first to adopt the cryptocurrency. Yet, over time, the crypto community has devolved into an array of demographics, with millions of individuals from across the globe investing time, money, and brainpower to bolster this industry. Recently, reports arose that even celebrities — and over a dozen at that — may be scooping up millions of dollars worth of BTC, and/or investing boatloads of capital into up-and-coming blockchain projects.

Leave it to the celebrities to hop on the gravy train.

Celebrities Have Experienced Bitcoin FOMO Too

Celebrities, like common Joes, are simply humans. That means that they too are subject to FOMO. And over the years, especially as Bitcoin and other cryptocurrencies ran several times, this Fear of Missing Out (FOMO) quickly influenced celebrities to make a foray into this nascent industry. Per a recent Business Insider report breaking down celebrities’ involvement in crypto, at least thirteen hotshots, who hail from the music, feature film, fashion industry, and — surprise — tech industry, could be holding hefty bags of the world’s favorite digital asset.

In 2013, as BTC surmounted its long-standing double-digit boundary, Snoop Dogg began to sell his albums for 0.3 BTC a pop. While the foray’s impact was quantified, Snoop set a ball rolling that hasn’t stopped since. Just a year after Snoop’s attempt at taking advantage of crypto-enabled e-commerce, British pop star Mel B sold her 2014 Christmas single, “For Once In My Life,” for BTC via CloudHashing. The former Spice Girl purportedly claimed that she’s enamored with the ability “new technology” has to make humanity better.

But, celebrities’ involvement in this sector has gone far deeper than pseudo-guerilla marketing through the acceptance of Bitcoin. Madonna purportedly joined hands with Facebook and Ripple for an online fundraiser. Johnny Depp, the eccentric yet extremely successful actor, became a partner at TaTaTu, a blockchain startup focused on providing consumers with rewards for content interaction.

In the realm of sports, Lionel Messi, who sports a jaw-dropping 107 million followers on Instagram, once became a brand ambassador for Sirin Labs, an Israeli startup with visions of providing blockchain-centric smartphones. It isn’t clear how much Sirin paid the soccer powerhouse, but Messi’s involvement in the upstart likely didn’t run cheap.

And while his billionaire peers are mostly skeptical of Bitcoin, Microsoft founder Bill Gates once lauded blockchain technology, ballyhooing BTC’s decentralized, cost-effective, and borderless nature in a Bloomberg interview. While has since turned his back on the crypto realm, Microsoft has kept its eye on the ball, accepting BTC for its online store, while embarking on a number of blockchain forays.

Bill Gates at the Clinton Global Initiative Annual Meeting at The Shertaon New York Hotel, Photo From Shutterstock

But it hasn’t been all smooth sailing. As reported by NewsBTC previously, Floyd Mayweather, one of the most well-recognized faces in boxing, was recently indited by the U.S. Securities and Exchange Commission (SEC) for promoting fraudulent, shady ICOs without disclosing his business relationships. Regardless, the fact that he made a conscious decision to overtly back a blockchain project indicates that maybe, Mayweather has a vested interest in BTC. Yet, since the regulatory imbroglio, Mayweather hasn’t made a mention of Bitcoin.

Crypto & Rap Worlds Collide

Interestingly, crypto has found a home in the hearts of rappers and hip hop artists across the globe. As aforementioned, Snoop, the American stoner that has garnered clout over his decades, first sold albums for BTC, before appearing at Ripple’s Consensus carouse. Mr. Worldwide, better known as Pitbull, has also dipped his feet into the proverbial crypto pond, once revealing that he would be launching a music-related blockchain project. More recently, a featured artist on Eminem’s Kamikaze album, Royce Da 5’9 name-checked Bitcoin.

However, there have been some fakers, if you will. In early-2018, 50 Cent took to Instagram to brag that he made millions of dollars of paper profits from a 700 BTC stash he garnered in 2014. Yet, in an expose, 50 Cent was revealed to have sold the stash, worth $14 million at BTC’s all-time high, in 2014. Woops.

Just recently, as reported by NewsBTC, Soulja “Drako” Boy, a Chicago-based artist of “Crank That” fame, regened on his passion for the cryptocurrency world. In an interview with Cheddar, the rapper, who released a track titled “Bitcoin” in October last year, claimed that cryptocurrency’s glory days are now in the rearview mirror. The American artist noted that “it’s a gamble,” before adding that the potential returns are lackluster, as too many individuals know of Bitcoin now.

While none of this is conclusive proof that these stars are purchasing millions worth of BTC or other cryptocurrencies, the endorsements have likely become tailwinds for this industry. Regardless, many still hold onto hope that Messi, Gates, and other high net-worth, well-known individuals are buying Bitcoin for the long haul.

Featured Image from Shutterstock
Tweet123Share276ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest

Dogecoin’s price action caught traders’ attention this week. After dipping toward the $0.13–$0.15 demand zone, the meme‑coin shot higher, and...

Christian Encila 5 hours ago
Giełda krypto Bitunix laptop interfejs

Giełda Bitunix integruje TradingView. Nowy lider na rynku krypto?

Rynek kryptowalut zmienia się w zawrotnym tempie. W środowisku, gdzie czas to pieniądz, niezbędna staje się platforma, która nie tylko...

News BTC 5 hours ago
Whales Are Loading Up on Chainlink (LINK), But Retail Investors Are Still Missing the Signal

Whales Are Loading Up on Chainlink (LINK), But Retail Investors Are Still Missing the Signal

Chainlink (LINK) is trading at $13.36, following a 3% drop in the past 24 hours, which places the altcoin approximately...

Samuel Edyme 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum at Risk? Whale Activity and On-Chain Signals Hint at Further Correction

Ethereum Wave Count Predicts Price Crash To $1,800 — But $6,000 Is Still In Play

Scott Matherson 35 minutes ago
BTC, Bitcoin

Bitcoin Near Historic Weekly Close Despite Drop – Analyst Warns Of Volatile Weekend

Rubmar Garcia 2 hours ago
ethereum

Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High?

Ash Tiwari 4 hours ago

Premium Sponsors

Press Releases

  • 仮想通プレセール注目:リップルが米銀行ライセンスを申請、機関投資家の関心が急上昇中

    ...

    17 hours ago
  • 仮想通貨おすすめ:話題の新トークンがプレセール開始直後に15万ドルを調達

    ...

    17 hours ago
  • 新しい仮想通貨:ソラナ系取引ボットが話題のプレセールで150万ドル調達、次の100倍候補か?

    ...

    18 hours ago
  • 仮想通貨おすすめ|米下院が大型法案可決、7月4日にビットコインが急騰

    ...

    18 hours ago
  • ミームコイン急騰中|Solana発の人気銘柄続々高騰、新たな注目トークンも登場か?

    ...

    18 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.