Crypto News Roundup for Sept. 10, 2021

With crypto markets trading roughly flat and a look at the advantages and challenges Salvadorans may experience with the country’s recent BTC adoption, CoinDesk’s Markets Daily is back with the latest news roundup.

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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 Bitstamp.

Today’s Stories:

Bitcoin Stalls at Support; Resistance at $50K

Market Wrap: Bitcoin Returns Above $46K; ‘Bored Apes’ Fetch $24M

NFT Trading Volume Plummets but Analysts Say NFT Craze Is Far From Over

Bitcoin Coasts Long-Term Moving Average as Investor Holdings Increase

European stocks tick up on hopes for thaw in US-China relations

Stock Futures Rise; Metals Rally on Hopes of Reduced U.S.-China Tensions

Janet Yellen warns US Treasury risks running out of cash in October

Amazon Dangles a New Perk in Fight for US Workers: Free Bachelor’s Degrees - WSJ

Stimulus-pumped stocks at risk as warning signals flash red

China to sell oil from state reserves in bid to contain prices

European Finance Regulator Calls Crypto ‘Volatile,’ but Innovative

UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week

Mastercard Acquires Crypto Tracing Firm CipherTrace

SEC Sues Mobile Wallet Tech Firm Rivetz Over 2017 ICO

Three More Grayscale Trusts Become SEC Reporting Companies

Binance.US has Hired an Ant Group Exec to replace Ex-CEO Brian Brooks

Sotheby’s Auction of 101 Bored Ape NFTs Fetches $24M, Smashing Estimates

Ray-Ban and Facebook’s Camera-Equipped Sunglasses Mix Cool With Creepy

Featured Story: El Salvador’s Bitcoin Law Is About Self-Determination

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.