Crypto News Roundup for Oct. 29, 2021

With ether hitting an all-time high and a look at how blockchain can increase productivity in factories, CoinDesk’s Markets Daily is back with the latest news roundup.

Presented by

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:

Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Stock Futures Fall After Apple, Amazon Earnings

European equities and US futures fall as Big Tech sales figures disappoint

Yellen expects inflationary pressures to ease by second half of 2022

Wheat Prices Are Rising and Importers Are Worried

A Simple Piece of Steel and Wheels are Holding Up the Global Supply Chain

Thailand Department Store Chain Is Testing Its Own Cryptocurrency

India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget

Australia’s Securities Regulator Issues Criteria for Crypto-Asset ETPs

Biden’s ‘Build Back Better’ Act Would Close Crypto Tax Loophole

FATF Crypto Guidance Looks to Bring Industry in Line With Banks

DOJ to Hire Director for Its Crypto Enforcement Unit

US Regulators Weigh Avenues for Banks to Hold Crypto: Report

SEC Will Not Approve Leveraged Bitcoin ETF

Crypto Miners Are ‘Stockpiling’ Bitcoin Amid Recent Rally, Kraken Says

Facebook’s Metaverse Will Support NFTs

NFT Ticketing Gets Boost With Mobile App From YellowHeart

Featured Story: How to Expand Blockchain Beyond Fintech and Into Factories

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.