Crypto News Roundup for Oct. 22, 2021

With crypto markets taking a breather after this week’s wild bitcoin ETF-driven rally, plus a look at the fragility of the global financial system, 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:

Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

CME Becomes Largest Bitcoin Futures Exchange as BITO Nears Position Limits

Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug

Snap Warning Weighs on Futures; Treasuries Gain: Markets Wrap

Stock Futures Pause After S&P 500 Hits Record

Investors Bet Inflation Pressures Will Linger

China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says

Few options for G7 trade chiefs to alleviate supply pinch

Natural-Gas Prices Fall From Peak as Warm Autumn Buoys Stockpiles

Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide

Spanish Banks Are Preparing to Offer Crypto Services: Report

Pakistan’s High Court Grants Commission to Weigh Crypto Legality in Sindh Province

Associated Press Taps Chainlink for Elections, Sports Data

Robinhood’s Waitlist for Crypto Wallet Has More Than 1M Customers

Walmart Has Quietly Begun Hosting Bitcoin ATMs

Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase

Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says

That Tungsten Company is Auctioning Its Largest-Ever Cube as an NFT

Martin Shkreli’s Wu-Tang Clan Album Now Belongs to a DAO

Featured Story: If Crypto Causes ‘Instability,’ It’s Because the System Is Unstable

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.