We are told how Bitcoin is going to close the wealth gap. Many feel that the actions of Central Banks and governments only made the problem worse in the fiat world.
It appears that the USD had nothing on Bitcoin when it comes to the 1%. The top Bitcoin holders control more of that asset than the richest households in USD. For all the hype, Bitcoin is still a very closed ecosystem.
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Jackson, Tennessee to become the first U.S. city to add Bitcoin as a payroll option
The Mayor of Miami is making a lot of noise with his support of cryptocurrency. Not to be outdone, Jackson City Tennessee is stepping into the ring.
On December 19, it was reported that the city now offers Bitcoin payment as an option to its employees. This is the first city in the country to do so.
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Shiba Inu Whales Lose More Than $150 Million in 24 Hours: Potential Reasons
Cryptocurrency gets a ton of publicity when prices skyrocket. Everyone focuses upon how much money some wallets are making. This year, Shiba Inu was one of the leading token in this regard.
When markets reverse, the losses in cryptocurrency can be devastating. For Shiba Inu whales, this means a loss of more than $150 million in just 24 hours.
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Bitcoin’s Bottom is Not Here Yet, and This is Why: Analyst
As always, all eyes are on Bitcoin. The projections of $100K Bitcoin by year end are long gone. We now have the discussion of how low it will go.
Is the pullback in Bitcoin done? Not according to this analyst. He believes we are not done heading down even as Bitcoin struggles to hold the $46,000 level. In his view, lower levels will be hit. He provides his reasoning in this article.
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