Real-time
crypto news

Going mainstream? Bitcoin makes it to John Cena’s Instagram

Published 3 years ago by Jasmine Solana

Going mainstream? Bitcoin makes it to John Cena’s Instagram

Coin Geek via coingeek.com

People Also Read There’s no denying that Bitcoin and cryptocurrencies in general are steadily gaining the interest of people from all walks of life, so much so that even “You can’t see me” wrestler John Cena has seen it. On Thursday morning, the professional wrestler, reality star and entertainer posted a stock image of Bitcoin to his 7 million Instagram followers, gaining 50,611 likes at press time with no further input from Cena himself. This is the first time that Cena has showed an interest—at least on social media—on Bitcoin, but that attention is already enough to spark a discussion, particularly that of a possible short-term bubble. On Reddit, user LiThiuMElectro commented on the possibility of a “small bubble then a loss,” advising other users to “buckle your seat belts… and buy the dip in 7 days.” For user h0us, the bubble may cause Bitcoin’s price to jump to $7,000 before collapsing to $5,500—still way above the current price level of $4,700. “The best time to buy Bitcoin was a few years ago, the second best time is always now,” the poster recommended. Boxing champion Floyd Mayweather was recently reported promoting blockchain prediction platform Stox on his Instagram account, and even Mark Cuban, who previously said Bitcoin was in a bubble, announced he is participating in an ICO for esports betting operator Unikrn. There’s also Mike Tyson, who teamed up with Bitcoin Direct and launched the Mike Tyson Digital Wallet. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

Bitcoin price plummets as China cracks down on ‘illegal’ token sales

People Also Read Bitcoin has hit a slump after the People’s Bank of China (PBOC) ordered a ban on fundraising activities that use initial coin offerings (ICOs). On Monday, the Chinese central ... Read More

South Korea’s Coinplug starts trading Bitcoin Cash

And the latest company to join the mix is Bitcoin brokerage and service provider Coinplug. On Friday, the South Korean company announced the launch of its new trading platform called Coinplug Digital ... Read More

Russia prosecutes 3 in first Bitcoin-related criminal case

People Also Read Three businessmen have found out the hard way that trading bitcoin and other digital currency is not legal—yet—in Russia. Last week, Kostroma police and Federal Security Servi ... Read More

Beleaguered Bitcoin exchange BTC-e opens new website

On Friday morning, the Bitcoin exchange announced via Twitter that the site is available through the domain btc-e. BTC-e’s original domain was seized by U.S. authorities in July after Russian national ... Read More

A Bitcoin world: with Dr Craig Wright

The talks will each be capped off with a QA between the speaker and the audience. Our speaker Dr. Craig Wright is an Australian computer scientist, businessman and inventor who challenges the world wi ... Read More