CoinDesk 2025-07-05 16:57:49

Drake Compares Fake Friends to Bitcoin's Volatility: ‘Down This Week, Up Next’

Drake’s latest track, “What Did I Miss,” features lyrics about betrayal, luxury, and bitcoin. The rapper compares fickle friends to the cryptocurrency’s rollercoaster price moves, saying he looked at it “like a BTC”: “Could be down this week, then I’m up next week.” It’s not the first time bitcoin has appeared in Drake’s orbit. In the past few years, the Canadian superstar has become one of crypto’s most visible celebrity community members. The rapper shared a clip of Michael Saylor on his Instagram account, which at the time had over 146 million followers, where Strategy’s co-founder said bitcoin would “eat” gold. He’s also dropped more than $1 million worth of bitcoin on losing bets for the Dallas Mavericks and Edmonton Oilers, with other high-profile punts on UFC fights and Formula One races. Drake’s betting performance has inspired memes calling it the “Drake Curse,” referencing losses in the teams and athletes he bets on. The rapper addressed that curse, telling fans he’s just a “flawed sports bettor.” Yet Drake isn’t just rolling dice. He has partnered with crypto gambling platform Stake, in a partnership that’s reported to be worth $100 million annually. Outside the casino lights, Drake has made crypto investments in firms, including MoonPay and brandished hardware wallets on social media. Interestingly, Drake’s nod to bitcoin’s volatility comes at a time that’s being interpreted as the calm before the storm. Deribit’s bitcoin volatility index ( DVOL ) has, in fact, dropped to a near two-year low at 38.

La maggior parte ha letto le notizie

Bitcoin Short Whale Boosts Positions to $80.1...
2025-07-06
XRP Shows Potential for Rally if $2.25 Suppor...
2025-07-06
Whale Withdraws 3,000 ETH from Binance Amid 7...
2025-07-06
Low Entry, High Stakes: 4 Top Crypto Presale...
2025-07-06
Bitcoin bulls in control? – Not if THESE sign...
2025-07-06
Whales Boost Bitcoin Short Positions to $80.1...
2025-07-06
Bitcoin Reserves Won’t Secure America’s Futur...
2025-07-06
XRP Price Consolidates in Long-Term Wedge as...
2025-07-06

Notizie correlate

Whales Boost Ethereum Holdings to 7,001 ETH Valued...
06 Jul 2025
Bill Miller IV Suggests Bitcoin May Warrant Differ...
06 Jul 2025
Binance Alpha Trading Volume Hits $458.6M with BR...
06 Jul 2025
Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fun...
06 Jul 2025
Mercado Bitcoin to Tokenize $200M in Real-World As...
06 Jul 2025
Floki Inu price prediction 2025-2031: Can FLOKI su...
06 Jul 2025

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta