CBX Daily 1/29/2025

Author

Jennifer Matthews
January 29, 2025

Today, the Rock aims to set spring football into the media’s net, but let’s start with how 2025 could be Bitcoin’s best year yet…

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Why 2025 May Be Bitcoin’s Biggest Year & Generate Wealth For All

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If you'd told me a year ago that Bitcoin would skyrocket to $100,000 in 2024, I would've said that was wishful thinking, seeing as Bitcoin was hovering over $42,000 in December 2023. Yet here we are—celebrating a milestone that has people who are crypto natives and crypto curious anticipating what happens now. As a Black woman skeptical of traditional finance shutting us out, I find this era of cryptocurrency hype exciting yet cautiously hopeful. In real-time, we are finally seeing a tool that could level the financial playing field, especially for historically marginalized communities who deserve a chance at building wealth.   

The Rock's UFL Expansion Signals Spring Football's Biggest Media Push  

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Entertainment giant Dwayne "The Rock" Johnson, Dany Garcia and RedBird Capital Partners have made the United Football League (UFL) a major player in the sports world. The UFL could be headed towards strong growth with its leagues expansion goals, alongside its mutually beneficial alliance with the NFL to test rules and technology that sets it apart. When you add in its impressive media deals with Fox, which previously owned the USFL, and ESPN, which had the XFL’s media rights, a new era in spring football is ready for kick off.   

The Impact Of Generative AI On The Racial Wealth Gap  

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Generative AI (Gen AI) has revolutionized industries such as media, healthcare, and finance. However, its rapid adoption poses significant risks for marginalized communities, particularly in worsening the racial wealth gap. Does this hold true? By 2045, the racial wealth gap between Black and White households is projected to widen by $45 billion annually due to Gen AI’s role in automating jobs and influencing wealth distribution.   

Tune-in Tuesdays!

DEI programs are facing criticism from various sides. Some argue these programs are essential for creating fairer, more inclusive workplaces, while others believe they are being pushed for the sake of optics. With growing resistance, will companies double down on their DEI efforts, or will they scale back in response to the pushback?

A. "Bye Bye Bye" by NSYNC – Companies for DEI programs are just putting up a show and the veil has been lifted. There has been very little real change behind the scenes and it’s time to wrap it up
B. "Pressure" by Ari Lennox – As DEI programs face mounting pressure, companies are feeling the heat to either uphold their commitments or back down, navigating the delicate balance between inclusivity and the resistance they face
C. "Bout Time" by Earl Hondo – For many companies, the battle is just beginning, and they’re ready to declare that it’s their moment to defend DEI policies and push for lasting change

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it looks like Trump’s meme coin has the ‘Eye of the Tiger’ and people have faith in it.

Does The Epicenter Of Influence Lie With Black Celebrities?  

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At the epicenter of influence, a recent study by Morning Consult revealed that Black consumers are more likely to heed brand advice from Black celebrities, than the public as a whole. While that may not be all too surprising, when analyzing this study’s data, we can learn more about all of the factors that make up true influence. Especially when you consider that 50% of Black consumers trust Black celebrities, athletes & influencers for brand advice.   

Mortgage Misdeeds Has CFPB & Berkshire In A Legal Battle  

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CFPB is coming to the rescue of many Americans who might be caught between a rock and a hard place in their mortgages. The lawsuit against Berkshire Hathaway (BRKB +1.41%) alleges predatory practices and potential exploitation of consumers through unethical lending practices. The company is a subsidiary of Warren Buffett's holding company and this is not its first rodeo either. His home manufacturer company–Clayton Homes was also under fire a few years back for similar predatory and exploitative practices.   

Vibes of the Week

Things might just get “Poppin” for Bitcoin in 2025. Saint Jhn tells us more in our CBX Vibes!