Markets Outlook Crypto Update 8/30/21 | Why Avatars Dominate the NFT Market
With bitcoin holding support at around $48,000 and a deep dive into the inexplicable allure of non-fungible tokens, CoinDesk’s Markets Daily is back with the latest news roundup.
This episode is sponsored by Kava, Nexo.io and Celo.
Today's Stories:
Bitcoin Holding Support; Stuck Below $50K Resistance
Stocks, Futures Steady After Fed’s Cautious Stance: Markets Wrap
Stock Futures Pause After S&P 500, Nasdaq Hit Records
SOL Hits Record High, Climbs Above $100 as Total Value Locked on Solana Crosses $3B
Housing affordability to worsen near-term, even as prices cool off
Confidence in Euro-Area Economy Drops on Supply Squeeze, Virus
China to Build Global Clearing Network for Mobile Payments, Using Digital Yuan: State Media
China Sees Skilled Labor Shortages Worsening Amid Tech Push
From dried fruit to bike repair, Cuban entrepreneurs prepare for a more open economy
Frothy NFT Market Remains ‘Healthy’ as Developers Hold ETH or Reinvest
DeFi Protocol Cream Finance Hacked for Second Time This Year
Microsoft Is Awarded US Patent for Crypto Token-Creation Service
Square’s Jack Dorsey Plans to Build Decentralized Bitcoin Exchange
Inside Alien Worlds, the Biggest Game in the Metaverse
Featured Story: Why Avatars Dominate the NFT Market
This episode was edited & produced by Adrian Blust.
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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.
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Celo is a mobile-first platform making financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports more than 1000 projects from builders, developers, and even artists, who everyday create new applications and issue digital currencies from over 100 countries around the world. To learn more visit Celo.org today.