Crypto News Roundup for Oct. 27, 2021

With crypto markets taking a breather and a look at how a jail-first approach to disruptive coders isn’t great, CoinDesk’s Markets Daily is back with the latest news roundup.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

This episode is sponsored by Kavahttps://www.kava.io/marketsdaily?utm_campaign=Ad%20Affiliates&utm_source=markets_daily&utm_medium=banner_ad&utm_term=home, Nexo.io and Market Intel by Chainalysis.

Today’s Stories:

Taproot Upgrade Might Already Be Priced Into Bitcoin

Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation

Market Wrap: Long-Term Bitcoin Holders Trim Positions as Rally Stalls

Stock Futures Edge Up Ahead of Coca-Cola, McDonald’s Earnings

Short-Dated US Bond Yields Rise as Central Bank Meetings Draw Near

Analysis: The 1970s All Over Again? Stagflation Debate Splits Wall St.

U.S. Capital Goods Orders Increase for Seventh Straight Month

U.S. Consumer Confidence Rebounds; House Price Growth Likely Peaked

Return to Office Meets Supply-Chain Snarls

Bank of Spain Opens Registry for Crypto Service Providers

Dubai Issues Rules for Security, Derivatives Tokens

US Treasury to Say SEC Can Regulate Stablecoins

DeFi Is on the Ballot: Yearn Developer Matt West Is Running for Congress

Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’

Valkyrie Files to Offer Leveraged Bitcoin Futures ETF

Tether Enlists Startup to Help It Comply With Money Laundering Rules

GameStop Enters the Metaverse With ‘Web 3 Gaming’ Job Post

Winklevoss-Led Gemini Behind Bitcoin White Paper Excerpts on NYC Billboard

Featured Story: Put America’s Geeks to Work, Don’t Cage Them

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.