EddieJayonCrypto

 15 Jan 22

tl;dr

Today I have more big moves in the crypto space, Disney, Brazil, Bill Miller and more!1. Bitcoin a. The Mayor of Rio de Janeiro says he is going to put 15 of the city's reserves in Bitcoin. That is pretty big and adds to the further acceptance of Bitcoin in sovereign states b. Earlier this seek bi...

Today I have more big moves in the crypto space, Disney, Brazil, Bill Miller and more!

1. Bitcoin
a. The Mayor of Rio de Janeiro says he is going to put 15 of the city's reserves in Bitcoin. That is pretty big and adds to the further acceptance of Bitcoin in sovereign states
b. Earlier this seek billionaire investor Bill Miller, of Legg Mason fame, has moved 50% of his personal wealth into Bitcoin; if that doesn't say BTC is here to stay I don't know what would!
c. I am trying to find some more information, but it sounds like Uruguay may have installed its first BTC ATM
d. Doing some research on real estate investments and I see the US being far behind in cryptocurrency acceptance; a friend of mine on Staten Island NY said he was in a not such a great neighborhood and noticed there was a Bitcoin ATM, people are using it to send and receive money from back home. That says a lot

2. Disney is poised to enter into the Metaverse after filing for a patent on a simulator for bringing the virtual world into a real world venue; with so many thinking the metaverse is some sort of fad, this move demonstrates companies are jumping into the space with serious funds

3. It looks like there may have been a few fake Shiba Inu contract addresses listed on CoinMarketCap; If this is true, this could deal yet another blow to the once beloved cryptocurrency data website and yet another stumble after being bought by Binance; Needless to say Twitter was on fire and CoinMarketCap seemed to take the brunt of the ire; the Shib team also made a public statement saying CoinMarketCap knowingly listed the contract addresses

4. DOGE takes a leap after Elon announces you can buy merch at Tesla using the mem coin; I thought I had heard this was coming a while back; something else that leaked was code on the site suggesting you may be able to purchase a Tesla vehicle using DOGE in the future

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Eddie Jay on Crypto. Eddie Jay on Crypto may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 20 Dec 24
 20 Dec 24
 20 Dec 24