Friday 09 April 2021 12:29 pm

Kanye West, Jeff Bezos and Bill Gates tipped to be next big names in Bitcoin

Versace Fall 2019 - Arrivals — Photo by Roy Rochlin/Getty Images

Rapper Kanye West has been tipped as the next celebrity to invest heavily into Bitcoin, with one odds maker putting Kim Kardashian’s ex-husband at 2/1 to buy at least $100m of the cryptocurrency.

Hot on his heels is multi-billionaire Amazon chief Jeff Bezos who is placed at 5/2 to plough a chunk of his $183bn fortune into Bitcoin – a move that would surely send the price of the flagship currency soaring.

Coincidentally, as the odds on star names investing in crypto shortened, the probability of Bitcoin hitting $100,000 by the end of 2021 also increased, according to online bookmakers Unikrn.

The specialist betting site now has the chances of $100k at 46 per cent – a notable rise from last week’s probability of 42 per cent.

“The chance of Bitcoin reaching $100,000 at the end of 2021 has increased from 42% last week to 46% this week with experts anticipating another price surge,” a Unikrn spokesman told City PM.

“Elon Musk’s investment of $1.5billion into Bitcoin earlier this year helped raise its value and other celebrities such as Kanye West, at 2/1, and Jeff Bezos, at 5/2, are the current favourites to copy the tech entrepreneur’s latest venture.”

Battle of the exes

A battle for the first superstar name to bank on Bitcoin may even ensue between 43-year-old Kanye West and his ex-wife Kim Kardashian.

The 40-year-old reality TV star, who divorced West earlier this year, had her odds on buying $100m slashed this week from 200/1 to 50/1. The former stellar couple have a combined fortune of $7.4bn.

“Now Kim Kardashian has been announced as an official billionaire this week, her odds have been reduced from 200/1 to 50/1 to buy $100million of the crypto in the future,” the Unikrn spokesman added.