The popularity of cryptocurrencies has grown exponentially in recent years, and it’s now common to see people investing in such currencies. Celebrities are no exception: they, too, want a piece of the action. This article will introduce you to several celebrities who have invested in Cryptocurrency, including how much they supported and which currencies they chose to invest in.
Many Celebrities Invest in Cryptocurrency
It’s no surprise that many celebrities are interested in crypto. After all, Cryptocurrency is one of the most exciting new technologies to hit the internet. Like traditional currency, cryptocurrencies can be traded and exchanged for goods and services. However, unlike conventional money, it is not controlled by any central authority or bank.
Crypto has become so popular that many celebrities have taken advantage of this lucrative opportunity to acquire financial freedom. They also promote their brand with unique promotional strategies on social media platforms like Instagram and Twitter.
These endorsements are often done through paid advertisements on celebrity accounts which act as an extension of their brands. While these ad campaigns were once reserved for luxury sports cars or jewelry companies, only now can anyone get in on the action too!
Celebrities aren’t just using their influence over social media platforms either. Many celebrities have also invested heavily through cryptocurrency exchange like Binance. However, most exchanges like OKX are generally used by the public as a platform to convert or trade their cryptos.
Mike Tyson
Mike Tyson, the former heavyweight boxing champion, is one of the first celebrities to become an investor in Bitcoin. He became involved in Bitcoin back in August of 2014 after his business partner and friend, Bill Kurtis, brought him on board with their venture fund Bitcoin Direct LLC.
In 2017 Mike Tyson invested $1 million into a new cryptocurrency called “Bitcoin Revolution,” which has been described as “The Robin Hood Of The Crypto World.”
This was said to be after he had previously invested in bitcoin mining companies as well as ICOs’ initial coin offerings.
Mary J Blige
You might have heard of the artist Mary J Blige. She’s a Grammy Award-winning American singer and songwriter who has sold over 75 million records worldwide, making her one of the best-selling female artists of all time.
Blige got into Cryptocurrency after meeting with some tech professionals at an event in Long Island City, New York. Since then, she’s been working on a project called My Life Coin, a new cryptocurrency that aims to reward people for their positive actions in society. It’ll start with a debit card linked to the crypto wallet that allows you to use your balance anywhere that accepts MasterCard or Visa payments.
Roseanne Barr
Roseanne Barr is a comedian and actress who, like many celebrities, has thrown her support behind cryptocurrencies. She invested in Bitcoin, Ethereum, and Litecoin back in 2017 before it was cool or legal.
Barr also happens to be a co-owner of the Los Angeles Lakers, which could help explain why she’s such a fan of digital currency. “I am very interested in bitcoin mining as well as other cryptocurrencies,” she told The New York Times last year. “I’m glad to see that bitcoin has been accepted by some companies.”
Floyd Mayweather
Floyd Mayweather is a retired professional boxer. He’s also, in a way, the OG crypto investor. He started investing in bitcoin in 2015 and has since invested in other cryptocurrencies as well.
In 2017, Mayweather promoted Centra Tech Inc., an initial coin offering that claimed to be backed by major retailers like Amazon and Walmart. The SEC later determined these claims were fraudulent. It was later revealed that Mayweather was paid $100 million for his promotional work on behalf of Centra Tech but never received any tokens from the company itself.
DJ Khaled
DJ Khaled is a record producer and DJ who started as an intern at New York City’s Hot 97 radio station in 1993. He later found success as a producer for several hip hop artists, including Fat Joe, Birdman, and Rick Ross. In addition to his musical career, he has also appeared on several television shows, such as The Celebrity Apprentice and Wild’ N Out.
In the past few years, DJ Khaled has become known for his positive attitude toward Cryptocurrency, notably Bitcoin Cash (BCH). He’s been involved in some of Cryptocurrency’s biggest ICOs, including Centra Tech Inc., which raised USD 32 million back in 2017 after being endorsed by both Dj Khaled and Floyd Mayweather Jr. He has also appeared on social media channels promoting crypto-related content while discussing potential investment strategies with fans online.
Ashton Kutcher
Actor and investor Ashton Kutcher is another celebrity who has taken an interest in Cryptocurrency.
The actor first became interested in Bitcoin when it was at a low point, and he started looking into why the digital currency was so valuable. Kutcher then decided to start investing in various cryptocurrencies, including Ripple (XRP).
Ashton Kutcher is best known for his role as Michael Kelso on That ’70s Show, but his acting career has also included other successful projects like Dude, Where’s My Car? and The Butterfly Effect.
Mel B
Mel B is a well-known singer and television personality. She’s also a member of the Spice Girls, one of the most successful girl groups of all time.
She’s also an investor in cryptocurrency exchanges. In fact, she was one of the first celebrities to invest in Cryptocurrency. She invested in Coinbase back when it was only available in California and New York. Since then, she’s continued to be an active investor in other cryptocurrencies such as Ethereum and Bitcoin Cash.
Matthew McConaughey
Matthew McConaughey is a big fan of blockchain technology. He is also a big believer in the future of Cryptocurrency, and he believes that this technology is going to change the world.
He has been very vocal about his belief in Bitcoin as well as other cryptocurrencies such as Ether and Ripple. He’s even invested in some of these coins himself!
Jamie Foxx
Jamie Foxx is an American actor, singer, and stand-up comedian. He has been nominated for two Academy Awards for Best Supporting Actor in Collateral and Ray. He won an Emmy Award for Outstanding Guest Actor in a Comedy Series for Saturday Night Live in 2005, which was his first non-television role since he played Louis Gara on ABC’s In Living Color from 1992 to 1994.
Foxx has invested in the cryptocurrency exchange Coinbase and has become a strategic partner of their business. He was also named the best-known celebrity crypto investor by news site Cryptonewsbrief.com.
Dennis Rodman
Dennis Rodman is a former NBA player and a former Celebrity Apprentice contestant. He’s been involved in Cryptocurrency since 2012, when he started an investment fund with his partner, Michael Terpin.
He’s also an avid bitcoin fan, having invested in several cryptocurrency projects over the years. He was even featured in a photoshoot for Bitcoin Magazine back in 2014!
The two were responsible for helping to launch the Legends Room strip club in Las Vegas. It’s a venture that offers its customers private rooms where they can buy drinks and cigars from vending machines. The club has since shut down after suffering from security breaches due to its use of cryptocurrency payment systems like bitcoin cash (BCH).
Celebrities Do Love Cryptocurrency!
Celebrities are the best investors. Why? Because they have a lot of money, they know how to spend it, and they know what’s good for them. Cryptocurrency is the future of investing, whether you make your living on it or not. With all this hype around Bitcoin and other digital currencies, it’s no surprise that people with money are interested in getting involved, and celebrities are no exception!
