Crypto News Roundup for Oct. 25, 2021

With crypto markets rebounding after a weekend breather and a look at centralization in the NFT market, 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:

European stocks steady as investors prepare for week of tech earnings

Stock Futures Creep Up Ahead of Tech Earnings

Time for Fed to taper bond purchases but not to raise rates, Powell says

U.S. business activity accelerates in October, shortages hamper factories - IHS Markit survey

Global equity funds see biggest inflows in seven weeks - Lipper

Shippers Find New Supply-Chain Hurdles at Alternate Ports

US Home Sales Jumped 7% in September - WSJ

Alibaba Has Lost $344 Billion in World’s Biggest Wipeout

Nigeria to Launch Its ENaira Digital Currency on Monday

Saudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash

Bitcoin at Your Bank: NYDIG Names First 2 Firms to Roll Out BTC Buys

FTX Crypto Exchange Finalizes LedgerX Acquisition

AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards

Over 3 Million CoinMarketCap Email Addresses Leaked to Dark Web: Report

Reddit Readying an NFT Platform

Featured Story: The NFT Market Is Already Centralized

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.