After years of low activity, during which cryptocurrencies were only ever talked about among developers and early investors, cryptocurrencies exploded in 2017. A large surge in prices has made them a new trend, which inspired thousands of new investors to join the crypto space.
Among them, there were even numerous celebrities who joined the trend in one way or another. While some of them may only be crypto enthusiasts, many have become investors with a firm belief that Bitcoin and some of the altcoins are the future. And, while the crypto world did experience a market crash only a few weeks after reaching its all-time high — this has not discouraged new investors from joining the space.
Thanks to its popularity, cryptocurrencies are still on their way to enter the mainstream, and numerous celebrities remain firm supporters even to this day. Here is a look at some of the best-known celebrity crypto supporters and investors, some of which may even own millions in crypto.
1) Ashton Kutcher
While Ashton Kutcher managed to create quite a reputation thanks to many roles he played on the screen, the actor also seems to have a talent for business. It might be safe to say that no one expected him to become a large businessman with influence in numerous fields, including being a UN ambassador against human trafficking. His influence does not stop there, however, as Kutcher also started an investment firm called A-Grade in 2010.
Since then, he has invested UnikoinGold which is quite popular when it comes to betting on online games, such as Dota 2, League of Legends, Counter-Strike: Global Offensive, and others. Over the years, Kutcher was also interested in Ethereum and other coins, and he even invested in large companies such as Airbnb, BitPay, Uber, Unikrn, and alike. Today, it is speculated that the actor owns a lot in digital currency, although it is unknown which coins he may have chosen, or the exact amount that he invested.
2) Mike Tyson
Mike Tyson has managed to do a lot of things in his life, including making a fortune, losing it, and even acting in several movies. A few years ago, however, he became interested in Bitcoin, which has inspired him to start collaborating Bitcoin ATM companies. Tyson was known in the crypto world for being there when the first ever Bitcoin ATM was installed.
He was quite a vocal crypto supporter ever since 2015 when he also launched his own Bitcoin ATM system. Furthermore, he created a Bitcoin Wallet which, just like his ATMs, uses his face tattoo as a brand. It is likely that Tyson is still quite a supporter even though the prices are down.
3) Gwyneth Paltrow
Gwyneth Paltrow is a talented actress, without a doubt. However, she is also quite well-known for her entrepreneurship, especially when it comes to her own lifestyle brand called Goop. Even so, her connection to the business world does not end there, and Paltrow received a lot of attention when she became a crypto advocate and a representative of a Bitcoin wallet Abra. Thanks to her expertise, she even became an advisor in the company in mid-2017. Paltrow is definitely one of the crypto supporters and investors that have made all the right calls, and managed to avoid pitfalls such as shady projects.
4) Bill Gates
While Bill Gates seemingly lost his enthusiasm regarding cryptocurrencies these days, he seemed to be quite a supporter several years ago. In 2014, Gates praised Bitcoin, even stating that it is much better than fiat currencies since it is easier to handle large transactions via digital currencies. The fact that digital money does not have to be physically in the same place as its owner was also one of the many benefits that he saw in cryptocurrencies.
However, as mentioned, in recent periods, Gates may have lost his enthusiasm regarding the coins. Even so, many are speculating that he may have invested a significant amount into crypto, which he may still own.
5) John McAfee
John McAfee has been a part of so many businesses, trends, companies, and even some controversies, that it is difficult to find a person with a more colorful life than his own. He also became one of the most bullish and most vocal Bitcoin supporters, claiming that BTC will hit $500,000 by 2020. While many have questioned such statements, McAfee still remains a respected figure and quite a celebrity, especially these days, when he is planning his second attempt at a presidential run.
While it is uncertain how much has McAfee invested in Bitcoin, and how many coins does he own — he is definitely an experienced businessman, developer, and cryptoanalyst.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…
Cryptocurrency Collateralized Debt Positions Are Growing in Popularity
While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle. Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance. One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess. That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS. These projects have managed to find a foothold in the market and have a better chance than most of staying there. While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.
What is a Cryptocurrency CDP?
In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount. There are several examples of this in our day to day lives. Auto title loans from large companies like TitleMax are extremely popular with consumers. Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has. The consumer can continue using their car as long as debt payments are made.
The same concept applies to cryptocurrency CDPs. Consumers are able to put up crypto tokens, such as…
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