Bitboy Crypto Is Hitting Reset Button On Brand, Welcomes New Crypto Influencers Amid Lawsuit Against Ben Armstrong
Portfolio Pulse from Mehab Qureshi
Bitboy Crypto brand is rebranding as Discover Crypto following a legal suit between HIT Network and Ben Armstrong, the former face of Bitboy Crypto. The channel will continue its twice-daily live shows and will feature a fresh roster of talent. The rebranding comes amid a lawsuit alleging a conspiracy by the Shedds to unlawfully take control of the company created by Armstrong in 2018. Armstrong has received approximately $60,000 worth of Ethereum and Bitcoin donations for his legal defense.
October 20, 2023 | 2:45 pm
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NEUTRAL IMPACT
Bitcoin is mentioned as the main focus of Discover Crypto's content and as a form of donation received by Armstrong for his legal defense. The price of Bitcoin was up 2.18% at the time of the article.
The news is relevant to Bitcoin as it is the main focus of Discover Crypto's content. However, the lawsuit and rebranding are unlikely to have a significant impact on Bitcoin's price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Ethereum is mentioned as a form of donation received by Armstrong for his legal defense.
The news is relevant to Ethereum as it was used as a donation for Armstrong's legal defense. However, this is unlikely to have a significant impact on Ethereum's price in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 30