Last Week Crypto – Bitcoin Price to Over $500k? (Fidelity Predicts $1 Million!)

This is the 8th episode of a weekly cryptocurrency news series called Last Week Crypto.

We cover the latest global news stories affecting the cryptocurrency markets August 23rd through August 29th of 2020.

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To check out the links to all of the articles we discuss, go to https://CryptoCasey.com/Last-Week-Crypto.

======== VIDEO SUMMARY ========

In this episode we talk about the Fed’s new approach to inflation, how the stock market is nearing the edge of a cliff and hanging on by a thread as the US presidential election gets closer, all while things in crypto are looking extremely bright and moving insanely fast.

00:00 – Introduction
01:16 – Why to Have Accounts with Multiple Exchanges
02:07 – Warning About Instagram Scammers
03:22 – Market Movements
04:29 – Pop Quiz
05:11 – Powell Announces New Fed Approach to Inflation
05:43 – We Continue to Move Goal Posts & are Flying Blind…
06:22 – Trillions in Interventions by the Fed are not a Sign of Strength
06:41 – What Happens when you Keep Filling a Balloon
06:57 – What Phase we are in for Stock Market Bubble
07:14 – S&P 500 & Nasdaq Both Detached from Reality
07:40 – Warren Buffett’s Favorite Market Indicator Surged
08:23 – SEC Redefines Accredited Investors
09:40 – IMF Just did an Explainer video on Crypto
09:51 – Bitcoin price to $500,000: Winklevoss Lays out Case
10:57 – Fidelity Forecasts Bitcoin Rise to $1,000,000
11:59 – A Way to Own Your Own Bitcoin Retirement Account
12:34 – Real Life with Fiat as Wealth Measure
12:56 – Trying to Explain DeFi to my Normal Investor Friends…
13:10 – Working in Crypto is like Compound Interest on your Time
13:33 – When Someone Tells you that Your Plan is Impossible…
14:40 – How to Find Out Where You Can Buy Any Cryptocurrency

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