After the rap star Snoop Dogg acquired Dying Row Data in February, the hip-hop legend defined that he would rework Dying Row right into a non-fungible token (NFT) label backed by blockchain expertise. On Thursday, Snoop’s model partnership supervisor Nick Adler joined a newly-created Gala Music advisory board, alongside the document label govt DJ EFN, Grammy-nominated musician BT, and Tupac Shakur’s former supervisor Leila Steinberg.
Snoop Dogg’s blockchain ambitions are gaining headway because the legendary rapper’s model partnership supervisor Nick Adler joined Gala Music as an advisory board member. Snoop has been a fan of cryptocurrencies for near a decade, and even accepted bitcoin (BTC) for his album again in 2013.
In more moderen occasions, Snoop has been an avid fan and promoter of non-fungible token (NFT) expertise. Over a yr in the past, Snoop revealed he was a crypto whale with thousands and thousands of {dollars} price of NFTs. On the time, he informed the general public he was “Cozomo de’ Medici,” a personality on Twitter and identified on NFT marketplaces like Opensea, that holds a large stash of blue-chip NFTs.
At the start of 2022, headlines detailed that Snoop acquired the document label that helped catapult his music profession — Dying Row Data. The rapper bought the label from MNRK Music Group and he launched his nineteenth album referred to as BODR. After the acquisition, Snoop informed the media that blockchain expertise and NFTs could be an essential factor in Dying Row’s ecosystem.
“Image me taking one in all my traditional data that you just like to demise, and also you’ve all the time cherished it and it means a lot to you,” Snoop defined to the media publication Complicated in April 2022. “Now you’ve got the appropriate to purchase it and personal it, and to commerce it and to generate income off of it. Now you really personal a bit of Snoop Dogg’s legacy versus, I’ve a duplicate of his CD that I misplaced.”
Throughout his interview Snoop added:
Now you really personal one thing that’s really yours that you would be able to revenue off of. I simply really feel like that’s the place the {industry} is headed. Being in it for thus a few years, 30 years robust. My followers coming to point out up for me, me charging them for every part. T-shirts, concert events, this, that, however not giving them shit again. Don’t sit proper.
On Thursday, the blockchain music firm Gala Music revealed that Snoop’s model supervisor Nick Adler has joined a newly launched Gala Music advisory board. Within the tweet, Gala shares a video of all of the board members together with the DJ and composer BT, Tupac Shakur’s former supervisor Leila Steinberg, and document producer DJ EFN. Talking with Billboard.com contributor Benjamin James, the vice chairman and world head of music enterprise at Gala Music, Brandon Tatum, spoke concerning the new advisory board.
“The creation of our advisory board is an thrilling subsequent step in Gala Music’s progress,” Tatum detailed. “We look ahead to leveraging the information and industry-specific knowledge of those leisure {industry} consultants to assist information the Gala crew on its high-level imaginative and prescient and initiatives to extend our possibilities of sustainable success,” the Gala Music govt added.
In April 2022, Snoop appeared on the podcast “Drink Champs” and the rapper detailed that he was eradicating the Dying Row Data catalog from streaming websites like Spotify. Snoop defined on the time that the streaming platforms don’t pay and the one individuals getting paid are the document labels and streaming platforms. Snoop informed the “Drink Champs” hosts that quickly sufficient there will likely be a Dying Row utility and music streamed within the metaverse.
“Very first thing I did was snatch all of the music off these platforms historically identified to individuals, as a result of these platforms don’t pay,” Snoop burdened through the podcast. “These platforms get thousands and thousands of thousands and thousands of streams, and no one will get paid apart from the document labels. So what I wished to do is snatch my music off, create a platform much like Amazon, Netflix, or Hulu. It’ll be a Dying Row app, and the music will dwell within the metaverse within the meantime.”
What do you concentrate on Snoop Dogg’s blockchain ambitions and Nick Adler becoming a member of the newly-created Gala Music advisory board? Tell us what you concentrate on this topic within the feedback part beneath.
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Cryptocurrency News & Live Updates
Synopsis
Bitcoin’s price has fallen to 101,897.70 USDT, reflecting a daily decline of 1.34%.
In the latest market developments, Bitcoin has dropped below the 102,000 USDT mark, currently trading at 101,897.70 USDT, marking a 1.34% decrease. Ethereum is also experiencing a downturn, now priced at 2,269.88 USDT after a 6.16% drop in 24 hours. Similarly, BNB has fallen to 627.07 USDT, down 2.48%. Amidst these declines, HASHJ has launched an innovative AI-powered cloud mining platform that supports major cryptocurrencies including BTC, ETH, DOGE, and XRP. This platform aims to democratize access to crypto mining, allowing users to earn passive income without the need for expensive hardware or technical expertise. With a user-friendly model, HASHJ is attracting a diverse range of users, from students to salaried workers, by offering a seamless entry into the digital asset space. As traditional financial yields diminish, platforms like HASHJ are emerging as viable alternatives for wealth management, providing secure and flexible options for everyday users to engage with cryptocurrencies.
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Bitcoin’s price has fallen to 101,897.70 USDT, reflecting a daily decline of 1.34%.
As of June 21, 2025, Ethereum’s price has dipped below 2,300 USDT, currently trading at 2,269.88 USDT, reflecting a 6.16% decrease in the last 24 hours.
As of June 21, 2025, Bitcoin has dipped below 102,000 USDT, currently trading at 101,558.90 USDT, reflecting a 1.78% decline over the last 24 hours.
As of June 21, 2025, BNB is trading at 627.07 USDT, reflecting a 2.48% decrease over the past 24 hours, according to Binance Market Data.
HASHJ has launched an upgraded AI-driven cloud mining platform, allowing users to earn passive income in cryptocurrencies like BTC, ETH, DOGE, and more, all via smartphone.
As of June 21, 2025, Bitcoin has dipped below 103,000 USDT, trading at 102,999.9375 USDT, marking a 0.30% decrease over the past 24 hours.
Ripple’s attorney Bill Morgan has dismissed claims that the U.S. government could seize XRP tokens from the company’s escrow accounts, emphasizing that such an action is unlikely.
PEPE is testing critical support levels as speculation mounts around a potential meme coin rally sparked by Elon Musk’s recent frog post.
Reddit is in talks with World ID to implement an iris scanning system for user verification, aiming to enhance privacy while ensuring users are unique and of legal age.
SEI and KAIA tokens continued their upward trend as Bitcoin stabilized below $105,000, indicating trader confidence ahead of a volatile derivatives expiration day.
As the market trades sideways, now’s your chance to get in on this high-flying cryptocurrency.
The entire cryptocurrency market climbed 66% from just before Donald Trump’s election win in November to mid-December. Since then, however, many of the most popular cryptocurrencies have failed to continue moving higher.
Bitcoin (BTC 1.21%) has been one of the stronger performers. It set an all-time high in January, and it recently climbed slightly above that level in May. As of June 18, Bitcoin trades for about $105,000.
But multiple analysts see the value of Bitcoin nearly doubling by the end of the year, reaching $200,000. Here’s why analysts are bullish on the leading cryptocurrency.
Image source: Getty Images.
Over the last couple of months, several analysts have reaffirmed expectations for Bitcoin to climb to $200,000 by the end of the year.
There are several factors supporting the continued increase in Bitcoin’s value, according to the analysts.
Bitwise points to the rising U.S. fiscal debt, exacerbated by the new tax bill that passed through the House recently. Analysts argue that Bitcoin presents a type of insurance against sovereign debt defaults since it’s a scarce and decentralized asset.
Standard Chartered is seeing data that shows the market agrees with that sentiment. It said exchange-traded fund (ETF) flows are shifting from gold into Bitcoin, suggesting it’s more of a safe asset. It also says Bitcoin wallets with more than 1,000 Bitcoins resumed accumulating the asset during recent dips.
21Shares saw the recent Consumer Price Index numbers as a bullish sign for Bitcoin because cooler inflation could give the Federal Reserve the green light to reduce interest rates. That could push wider adoption of riskier assets.
But there’s one trend that could drive Bitcoin’s price higher well beyond 2025, and it appears to be accelerating.
Bitcoin’s price is based almost entirely on supply and demand. There’s a fixed supply of Bitcoin — only 21 million will ever exist, of which about 19.9 million are already in circulation. So, strong growth in demand will send its value up over time.
To that end, we’re seeing signs of more growth in demand. ETF inflows have reaccelerated after a pullback in March and April. On top of that, there’s growing interest in Bitcoin treasury companies that aim to follow in the footsteps of Strategy, formerly known as MicroStrategy, whose main business is buying and holding Bitcoin.
We saw a new pure play on the Strategy Bitcoin treasury idea, Twenty One, agreeing to go public in late April. Trump Media raised $2.5 billion to establish a Bitcoin treasury at the end of May. Several other businesses have taken to the idea of selling shares in their company to buy Bitcoin, injecting billions of dollars of demand and a continuous flow of more demand in the future.
So, not only is there more institutional interest in buying Bitcoin, but there’s growing corporate interest as well. The current political environment is making it easier for both to confidently hold Bitcoin on their books, so the trend should continue for a long time.
Most investors can easily invest in Bitcoin through their regular brokerage account by purchasing a Bitcoin ETF. The expense ratios on the best Bitcoin ETFs are relatively low and worth paying for the simplicity and security they provide.
If you’d rather buy Bitcoin directly, opening an account on a crypto exchange isn’t difficult, but beware of the hidden costs of crypto transactions, including slippage and take rates from exchanges. You’ll also need to remain mindful of security concerns regarding custody of your Bitcoin.
Adam Levy has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.
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