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Celebrities Known for being Crypto Supporters and Investors

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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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