Bitcoin, Cryptocurrency, Finance & Global News – July 5th 2020
In this week’s market update we cover all the latest news headlines from Australia, USA, China, Europe, other global & developing markets. We’ll help you understand how low interest rates & money printing affects the economy, stocks, gold, silver, commodities, bonds, property, currencies & more. The world of finance & economics is facing serious competition from Bitcoin, Ethereum & top cryptocurrency protocols, as the best projects attempt to build a fairer more inclusive financial system & digital world. We’ll cover all the latest Bitcoin, Ethereum, DeFi, stablecoin & blockchain industry news. Our deep analysis of cryptocurrency markets combines fundamental & technical analysis with market sentiment & psychology. We believe this is key to consistently outperform the market.
With record debt & rising inequality, the world is heading towards 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 & allow you to take control & custody of your own wealth. #Bitcoin #Ethereum #DeFi
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Timestamps:
0:00 Housekeeping
2:30 State of Australia’s tourism sector
2:55 Australian rental listings surge
4:30 Vulnerable Australian banks
4:35 Superannuation withdrawals
5:05 JobKeeper ‘too costly’ to keep, say top economists
5:40 Record number of Australians relying on food charity
6:30 Australia bolsters military spend
8:30 Apple mobility trends
11:20 Five-week PPP extension approved
12:40 Weak U.S. labour market
14:30 Is an ECB split brewing?
16:10 Fed’s credit lending facilities
17:45 Chamath Palihapitiya on the Fed buying foreign companies’ bonds
18:15 Ray Dalio: Capital markets are no longer ‘free’
18:50 Hedge funds slash net short positions
20:00 Amazon juggernaut rolls on
22:10 Companies raising their earnings outlook
24:25 Global debt vs. global bond yields
25:25 Debt-free real GDP growth
26:20 Fed begins to unwind QE
29:35 Central banks driving gold
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30:10 Crypto news overview
32:15 Wirecard fraud
34:55 USDC stablecoin milestone
36:40 Zimbabwe moves to suspend mobile payments
37:10 Cardano update
39:55 MetaMask V8
40:20 CoinMarketCap’s DeFi page
41:30 Haven update
42:25 Balancer pool exploited
44:35 Kyber Network’s Katalyst & KyberDAO
46:30 Ethereum network activity growth
48:05 Ethereum news & development monthly update
50:55 Bitcoin SegWit adoption
51:10 Zap working with Visa
52:20 Bitcoin mining update
52:45 Bill Burr interviews Pomp
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53:15 Technical analysis
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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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