It is no surprise that the cryptocurrency market has continued to grow. Bitcoin (BTC), formerly associated with darknet, is now gaining popularity. Years later, presidential candidates from powerful countries are promoting the asset. Over the years, many people, including celebrities and the everyday Joe, have caught the Bitcoin virus. The Bitcoin bug has bitten many, from celebrities to the average Joe.
Please Read This: Shiba Inu (SHIB) & Dogecoin (DOGE) Price Analysis For October End
Ronaldo’s Crypto Investments And Potential Holdings
Binance is the largest cryptocurrency exchange in the world. It attracts celebrities. Although the platform did sink in turbulent waters, they managed to attract Ronaldo to the cryptocurrency industry. Ronaldo launched his non-fungible (NFT) tokens on Binance in 2021.
In a trade, the exchange gave him some Bitcoins as a present. The exact amount of Bitcoin he owns is not known. Ronaldo may have invested in Bitcoin further or sold the assets, but it’s not certain.
After the Partnership, there are Legal Issues
The footballer has been hit by legal problems following the partnership. Ronaldo suffered a significant loss last year when he was sued for $1 billion in a class action lawsuit relating to Binance’s NFT.
Please Read This: The ‘Everything Crash’: Analyst Predicts Bitcoin To Collapse to $5,000
Michael Saylor Can Ronaldo Bring Bitcoin Market to Life?
Earlier today, Ronaldo took to social media to post some watches he designed in collaboration with American jewelry brand Jacob & Co.
The partnership between Ronaldo and the private jewelry company was first announced in 2022. Michael Saylor from MicroStrategy was interested in this, as he has been a Bitcoin fanatic for a long time.
Saylor responded to the tweet by urging the footballer not to take the message lightly. “Bitcoin collection.”
Bitcoin has been a hot topic since the beginning of this year. trading The price of the property is $64,555.95. It has risen by 2.47% within 24 hours.
Please Read This: UAE Central Bank Approves AED Stablecoin: A New Era Begins
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
