This is the fifth episode of a weekly cryptocurrency news series called Last Week Crypto.
We cover the latest global news stories affecting the cryptocurrency markets August 2nd through August 8th of 2020.
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======== VIDEO SUMMARY ========
We will talk about what happened in the markets, the increasing volume on decentralized exchanges, adoption of blockchain technology by corporations, banks, and governments, the US dollars true inflation rate, the out-of-control stock market, and the incoming cryptocurrency bull market.
00:00 – Introduction
01:53 – Market Movements
02:52 – $100M in BTC Moved to Ethereum in July
03:18 – Uniswap Overtakes Gemini, Bittrex, Poloniex
03:41 – Decentralized Exchanges Volumes Up 174%
05:02 – Coco-Cola Adopts Blockchain
05:44 – Swiss Bank Launches Crypto Services
06:15 – World ‘Eyes Blockchain’ as USD Declines
07:07 – Trump Wavers on TikTok
07:26 – US Not a Safe Jurisdiction for Foreign Capital
07:50 – Fed Commits to Ramping Up Inflation
08:17 – US Dollar’s True Inflation Rate
09:16 – Nasdaq Hits Record High
09:39 – Markets Waiting for Another Stimulus Package
09:45 – DOW Up 75 Points from Apple and Disney Stocks
10:19 – True Plight of US Consumers
10:42 – Millennials Bank-Rolled by Gen X & Boomer Parents
11:32 – Millions of Small Businesses Closing
12:28 – Trump Manipulates the Stock Market
13:06 – Bitcoin Delirium Back Again While Stocks Surge
13:30 – Two Reasons Crypto’s Bull Market is Coming
15:06 – Bitcoin is the Most Obvious Investment Opportunity
15:13 – Crypto Education Opportunities
15:55 – Beware of Scammers
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