Crypto News Roundup for Nov. 15, 2021

With Bitcoin successfully activating the Taproot upgrade and a look at why some things just don’t need to be on the blockchain, CoinDesk’s Markets Daily is back with the latest news roundup.

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ABOUT

This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.

Today’s Stories:

Bitcoin’s Bull Flag Breakout Suggests More Upside; Support at $57K

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

European stocks steady after prior session’s record high

Stock Futures Edge Up; Tyson Foods, WeWork to Post Earnings

Inflation Surge Pushes Gold to Five-Month High

Post recovery? Fed, elected officials now challenged to define new normal

U.K. Economists Join Markets in Forecasting December Rate Hike

U.S. workers quitting reaches record high, job openings edge down in September

Private equity buyers keen to carve up General Electric

Blockchain to Ease Logjams as Supply Chains Ditch Paper for Digital

Barbados to Become First Sovereign Nation With an Embassy in the Metaverse

Russian Ministries, Duma Want to Legalize Crypto Mining: Report

Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages

Quant Hedge Fund Two Sigma Hiring Crypto Operations Manager

Coinbase Allows Users to Share Information About Crypto Holdings With Friends

DEX Aggregator ParaSwap Launches PSP Token on Heels of ENS Airdrop Excitement

New England Patriots Partner With Fan Token Site Socios

Bedrock Capital Co-Founder Likens Shiba Inu ($SHIB) to Tesla Competitor Rivian

Taproot, Bitcoin’s Long-Anticipated Upgrade, Has Activated

Featured Story: Not Everything Needs to Be ‘on the Blockchain’

This episode was edited & produced by Adrian Blust.

HOSTS

Adrian Blust

Associate Producer for CoinDesk, Adrian 'Doc' Blust, is an experienced Composer, Musician/DJ, fintech nerd, and Educator, with practice both in the field and in the studio. He currently is dedicated to the editing & production of the Markets Daily Crypto News Roundups with Adam B. Levine, focused on quick news feeds to help people get up to speed with the fast pace of crypto every morning. He also offers support in the production of other shows on CoinDesk’s diverse Podcast Network.

He holds BTC, ETH, and ADA above CoinDesk's disclosure threshold of $1,000.

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.