Categories: News

Mike Tyson releases his Bitcoin Wallet. Does it have any potential?

Chances are that you have heard about some of the former boxing champion Mike Tyson’s business ventures. Recent reports indicate that he is taking an interest in the bitcoin market, by launching his very own digital wallet.

For those that do not know, last year, Tyson decided to use his fame in order to raise awareness about a Bitcoin ATM, used to convert fiat to the digital currency and vice versa. This time, he has gone ahead and teamed up with Bitcoin Direct to work on, and release a digital bitcoin wallet.

Just like last time, Tyson is using his fame and influence to promote the wallet. In fact, when accessing the branded wallet, users will notice that the menu background displays the boxer’s tribal face tattoo.

Bitcoin Direct’s CEO believes that: “Mike Tyson is a universal star. People around the world of all ages know Mike Tyson, and as such Tyson’s potential to expand the Bitcoin market is dramatic.”

Related Post

While the terms of this venture are not currently clear, it’s worth pointing out that during the ATM venture, profit was split 50-50 between Tyson and Bitcoin Direct. At this moment in time, the wallet is available on iOS, with Android support to be offered shortly.

Based on everything that has been outlined so far, what do you personally think about Tyson’s wallet? While the idea seems lame for some, it’s worth pointing out that any bitcoin promotion is good for the currency.

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

Top Crypto Coins to Buy in May 2024: TON, LINK, and KANG in the Spotlight

Historically, extended periods of market downturn have often preceded a resurgence in crypto prices, ultimately…

3 hours ago

The Rise of BEFE Coin: Today’s Must-Have Meme Coin Investment

Discover the charm of BEFE Coin, a special meme coin today. As it starts catching…

3 hours ago

Experts Predict Significant Gain in Bitgert Coin Price This Week

Many investors are always careful about wanting to invest in any crypto project because of…

3 hours ago

BlockDAG Excels With 30,000x ROI Potential, Outshining NEAR Protocol’s Price Gain And Render Token’s Emerging Promise

Render Token is advancing with significant updates like OctaneBench integration and a new pricing algorithm,…

17 hours ago

Comparing Generative AI Cryptos SingularityNET, Akash Network, and Raboo 

Projects all across the crypto market began integrating cutting-edge technology as a core part of…

1 day ago

Wormhole Brings More Interoperability to Arbitrum; KangaMoon and Optimism Eye Bullish Rally As Top Altcoins

Wormhole has recently taken some big steps towards improving compatibility on Arbitrum (ARB). At the…

1 day ago