Crypto Update 9/10/21 | El Salvador’s Bitcoin Law Is About Self-Determination

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. This episode is sponsored by Kava, 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. - Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io. - Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io. - Bitstamp is the world’s longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record and dedication to personal customer service with a human touch, Bitstamp’s fast, secure and reliable crypto investing platform is trusted by over four million people worldwide. To learn more, visit www.bitstamp.net.