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. 

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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.