Bitcoin, Ethereum, DeFi & Global Finance News – August 23rd 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 #DeFi
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Timestamps:
0:00 Nugget’s News updates
2:35 Australian Financial & Economic News section
5:45 Second stage of super withdrawals boosts non-essential spending
9:00 International student pilot program
12:25 Global Macro News section
16:30 Turkish gold rush as local currency weakens further
21:25 Net U.S. Treasury issuance in 2020
22:45 Fed minutes shun yield curve control
24:25 U.S. weekly jobless claims jump back above 1 million
27:50 Oil, gas rig declines stabilising following massive cut earlier in 2020
29:15 Stock-split mania
30:50 Apple hits $2T market value
34:05 CEOs selling stocks
35:00 U.S. existing-home sales rose nearly 25% in July
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41:50 Crypto News section
42:45 Archax becomes first UK FCA-regulated digital securities exchange
46:20 Huobi launches a global DeFi alliance
47:05 WazirX–Matic partnership
51:50 $200M staked in YAM-inspired DeFi protocol
52:25 1INCH token & liquidity mining announcement
53:40 Crypto gaming space heating up
56:05 Investor revolt & legal dispute delay Filecoin plans
58:20 Chinese iron ore importers favour digital yuan over USD
59:05 Tether stablecoin on OMG Network
1:01:05 Grayscale’s BCH & LTC trusts begin trading publicly
1:03:35 BTC & ETH mining revenue
1:04:35 Paris Hilton sells Ethereum-based artwork for $17k
1:05:20 BlockFi’s $50 Series C round
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1:07:45 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.
