Crypto News Roundup for Sept. 1, 2021

With bitcoin’s upside momentum fading as it clings to $46,000 support, ether moving towards a breakout and a look at what all the NFT price floor buzz is about, CoinDesk’s Markets Daily is back with the latest news roundup.

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ABOUT

This episode is sponsored by Kava, Nexo.io and Bitstamp.

Today’s Stories:

Bitcoin Stuck in Sideways Chop; Support Above $46K

Stock Futures Rise Ahead of Manufacturing Data

Stocks push higher on China stimulus hopes

Stocks, U.S. Futures Gain With Treasury Yields: Markets Wrap

Argentina’s markets are flying

Aluminum Notches Decade Highs on Soaring Demand, Snarled Supplies

China to Sell 150,000 Tons of Metals From its Reserves on Sept 1

PC Shipments Are being Delayed by Months

Americans Are Stocking Up on Toilet Paper Again.

Walmart Will Add 20,000 Workers to Supply-Chain Operations This Year

El Salvador is set to Create a $150M Bitcoin Trust to Facilitate Exchange to US Dollars

Nigeria’s Central Bank Taps Bitt to Launch CBDC by Year’s End

Crypto Market Won’t ‘Last Long Outside’ Regulatory Framework, Gensler Says

Tether is asking the Court to Block NYAG From Releasing Documents to CoinDesk

The Postal Service’s Law Enforcement Arm Is Buckling Down on Crypto

Eastern Europe Received Over $1B of Illicit Crypto in a Year

Institutional NFT Interest Heats Up as Three Arrows Capital Launches ‘Starry Night’ Fund

Coinbase to Use Polygon’s Ethereum Scaling Solution to Reduce Prices and Settlement Times

Dolce & Gabbana to Feature NFT of Rare Tiara in First Drop

Featured Story: Why Everyone in NFTs Is Suddenly Talking About Price ‘Floors’

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.