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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • 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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

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

Bitcoin news

Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts

Pantera Capital founder Dan Morehead believes a geopolitical shift in reserve management will push adversaries of the United States into...

Jake Simmons 2 hours ago
중국 첫 공식 스테이블코인 출범…베스트월렛 프리세일 투자 금액 급등

중국 첫 공식 스테이블코인 출범…베스트월렛 프리세일 투자 금액 급등

지난 9월 17일 앵커엑스(AnchorX)는 중국 위안화 연동 스테이블코인 ‘AxCNH’를 공식 출시했다. 익일 BDACS는 한국 원화 연동 스테이블 코인 &...

Soyeon Lee 2 hours ago
Bitcoin crash

These Analysts Predicted The Bitcoin Price Crash And Their Forecasts Say It’s Not Over

The Bitcoin price crash began over the weekend and has since seen he digital asset break below the $112,000 support...

Scott Matherson 4 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

비트코인 매입 회사 주가 폭락... 시장 자본 신규 프리세일에 주목한다?

비트코인 매입 회사 주가 폭락… 시장 자본 신규 프리세일에 주목한다?

Soyeon Lee 45 minutes ago
BlackRock’s BUIDL Fund Seeks Expansion Into XRP Ledger, Fueling Pepenode’s $1.4M Presale

BlackRock’s BUIDL Fund Seeks Expansion Into XRP Ledger, Fueling PEPENODE’s $1.4M Presale

Aaron Walker 45 minutes ago
altcoins-utilitaires-vs-memecoins

Altcoins utilitaires vs memecoins : quatre projets qui explosent tous les records ces derniers jours

guillaumev 1 hour ago

Premium Sponsors

Press Releases

  • AI搭載KYC導入で反発、弱気トレンドは続くか?

    パイネットワーク...

    2 minutes ago
  • pepe vs doge

    Meme coin tiềm năng” để mua ngay: Trader gom Maxi...

    2 hours ago
  • Top Altcoin

    Gemini chọn ra 3 các đồng coin tiềm năng để...

    2 hours ago
  • pepenode altcoin

    Alt coin Pepenode biến đổi khai thác thành trò...

    2 hours ago
  • Az altcoin szezon itt van. Ez a három tényező hajthatja a bikapiacot

    Az altcoin szezon itt van. Ez a három tényező hajthatja...

    13 hours ago

Newsletter

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.