Crypto Update 8/31/21 | Expect the End of Extreme Leverage

With crypto markets trading sideways, ether looking for a breakout and a look at why extreme crypto volatility may become less frequent, CoinDesk’s Markets Daily is back with the latest news roundup.

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

Today's Stories:

Global stocks continue to rise despite high eurozone inflation

Stocks, U.S. Futures Erase Gains as Stimulus Eyed: Markets Wrap

Stock Futures Point to S&P 500 Notching Fresh Record 

Bitcoin Rangebound; Holding Support Above $46K

Ether Poised for Biggest Monthly Price Gain Since April; Analysts Remain Bullish

Featured Story: Crypto Long & Short: The End of Extreme Leverage

This episode was edited & produced by Adrian Blust. 

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Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.

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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.