Crypto News Roundup for Nov. 3, 2021

With ether hitting another all-time-high, leading the way for other alternative tokens, and a look at into an opinion piece on how to dismantle the post-9/11 security state, 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 Market Intel by Chainalysis.

Today’s Stories:

Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins

Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike

European stocks steady as investors anticipate Fed meeting

S&P Futures Pause, Meme Stocks Jump

Federal Reserve prepares to start tapering as US inflation concerns persist

U.S. stock buybacks head for record in third quarter

Oil Retreats on Concern Tighter Fed Policy Will Impede Growth

Wall Street banks step up preparations for Fed tapering volatility

China’s CBDC Has Been Used for $9.7B of Transactions

Soaring Crypto Investment Calls for Regulation: India’s Top Finance Newspaper

Commonwealth Bank First in Australia to Offer Crypto Services

JPMorgan Report Says CBDCs Can Save Banks $100B a Year in Cross-Border Costs

Bitcoin Whale Holdings Reach 2021 High Amid Inflation Fears

Miami Mayor Suarez to Take Next Paycheck in Bitcoin

VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights

Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami

Biden Administration to Congress: Put Stablecoins Under Federal Supervision – Or We Will

Deadmau5, Gregory Siff Merge Digital and Physical Art With Solana NFT Drop

DeFi Lending Hub Goldfinch Fuses NFTs and User IDs to Attract Wary Investors

Featured Story:

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.