Bitcoin Has a New Fan: Kiss Legend Gene Simmons
Channel: TheStreet
Date: 2017-09-14

Kiss legendary front-man Gene Simmons would totally rock some Bitcoin in his portfolio. 

"I am interested in Bitcoin, but only as a piece of the [investment] puzzle," Simmons told TheStreet in an interview, adding that he prefers to be diversified with his investments.

Asked on whether he would be attaching his name to Bitcoin like fellow celebs Paris Hilton and Floyd Mayweather, Simmons left the door open. 

"Kiss coins? Sure, you can talk me into it."

Bitcoin prices continued to tumble Thursday after one of China's biggest exchanges said it would stop trading the cryptocurrency later this month amid an impending crackdown directed by the country's central bank.

Bitcoin prices on London's bitsmap exchange tanked 10.75% from Wednesday's close to $3,450 each by 9 a.m. ET, the lowest since Aug 10. Bitcoin prices have fallen nearly 30%, or more than $1,400 from the all-time peak the virtual currency reached on Sept. 1.