Bitcoin, Cryptocurrency, Finance & Global News – August 9th 2020
Every week we cover all the latest Bitcoin, Ethereum, cryptocurrency, finance & economics news from across the global. We’ll help you understand the world of investing & trading Bitcoin, cryptocurrency, stock markets, gold, silver, commodities, bonds, property, currencies & more. We also discuss how central banks have forever changed asset markets.
The world of finance & economics has failed so many people. It now faces serious competition from free market solutions, Bitcoin, Ethereum & top cryptocurrency protocols. The best projects are attempting to build a fairer financial system & more inclusive digital world. We’ll keep you up to date with all the latest Bitcoin, Ethereum, DeFi & cryptocurrency trends.
With record debt & rising inequality, the world is headed for another global financial crisis. Central banks are doing everything they can to prevent another economic collapse. We believe central banks & governments will unleash massive fiscal spending, MMT, QE & negative interest rates in an attempt to drive up asset prices & inflate away debt. We believe Gold, Silver, Bitcoin, Ethereum & cryptocurrency provide a great alternative to the current system that allows you to take control of your own wealth & securely custody your data. #Bitcoin #Ethereum #Finance
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Timestamps:
0:00 Housekeeping
3:15 Member-only crypto research report
4:00 Finance & Global News section
6:05 Modern monetary theory debate
8:30 Australian mortgage holders getting fiscal support
9:45 Poorer underclass if we don’t reform the economy
10:20 Gold at nearly A$3,000/oz
11:20 Apple mobility trends
12:50 Internet trade wars
14:55 China, Russia continue to ditch dollar
16:10 Fed expected to make a major commitment to ramping up inflation soon
18:05 Implications of Fed balance sheet growth
20:50 U.S. Federal unemployment benefits expire
24:30 Trump signs virus relief order
26:50 Defaults won’t stop funding frenzy started by central banks
27:55 Robinhood craze moving markets
30:40 Gold price vs U.S. Treasury yields
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35:00 Crypto News section
39:20 Binance-launched tokens ‘on a tear’
40:50 dYdX debuts ETH perpetual swaps
43:15 Chainlink’s LINK short squeeze
45:50 Goldman Sachs eyes own token, appoints new head of digital assets
46:00 ‘Crypto Mom’ SEC Commissioner Peirce voted in until 2025
47:55 Ethereum Classic 51% attacks
48:45 Credit delegation enters DeFi
51:40 Set Protocol V2
52:15 U.S. lawmakers don’t want proof-of-stake networks to get overtaxed
57:00 Record bitcoin revenue for Square’s Cash App
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58:00 Bitcoin & Ethereum price action
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❗ DISCLAIMER ❗
Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.
Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.
The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.
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