Bitcoin, Ethereum, DeFi & Global Finance News – November 29th 2020

Bitcoin, Ethereum, DeFi & Global Finance News – November 29th 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, NFTs & 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 lets you control of your wealth & securely custody your data. #Bitcoin #Ethereum #DeFi

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0:00 Weekly recap & housekeeping
1:00 Decentraland sneak peek
4:55 Australian Finance & Global News
6:00 Cash ban is “quietly shelved”
7:15 Why 1.1 million Aussies are planning to sell their homes
7:45 New Zealand proposes adding house prices to central bank remit
11:45 U.S. weekly jobless claims higher than expected
15:20 The K-shaped recovery is getting worse
17:20 The pandemic has broken shale & left oil markets in OPEC hands
20:00 Prolonged AWS outage takes down a big chunk of the internet
21:05 U.S. tech firms can compensate gig-workers with equity under SEC proposal
31:20 Kenya seeks $2.3 billion loan from IMF to boost recovery

36:05 Crypto News
44:20 Yearn Finance announcements
46:35 DAI price increase causes over $100M worth of liquidations on Compound, dYdX
47:25 Eth2 deposit contract hits threshold, clearing way for Dec. 1 launch
49:10 New Bitcoin open-source developer fund launches
51:05 Major YouTuber invests $100K into Bitcoin, Ethereum

56:30 Bitcoin price action

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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.