Bitcoin Update 8/4/21 | What Happens If Tether (USDT) Collapses?


Bitcoin Update 8/4/21 | What Happens If Tether (USDT) Collapses?


With Ethereum’s much-anticipated upgrade coming soon and a look at what could happen if Tether were to collapse, 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 Stuck Below $40K; Eyes Short-Term Oversold Bounce

Stocks Rise, Futures Steady as China Concerns Ease: Markets Wrap

European equities edge up to all-time highs on earnings optimism

‘It has never been like this’: US house price spiral worries policymakers

WSJ Explains – Inflation Is Hitting Diapers. The WSJ Explains Why

Airlines Hold to a Business-Travel Rebound This Fall

Robinhood sparks buzz on Reddit, shares up 15%

Russia’s Financial Monitoring Agency Wants to Identify and Profile Crypto Users

Spain Opposition Party Introduces Bill to Allow Mortgage Payments With Crypto

Analysts Take Cautious Stance on Ether as London Hard Fork Nears

Senator Rob Portman Defends Crypto Provision in US Infrastructure Bill

Global Precious Metals Retailer Kitco to Issue Specie-Backed Stablecoin

Riccardo ‘Fluffypony’ Spagni Hires Top Attorney to Battle Extradition to South Africa on Fraud Charges

Google Allows Crypto Ads in US With Restrictions

Crypto.com Appoints New Head of Growth From

NBA Top Shot to Sell NFTs In-Person at Summer League Games

Gaming Community Pledges $203M in Ember Sword’s Virtual NFT Land Sale

Featured Story: Tether’s Collapse Would Be Chaotic, Not Cataclysmic | David Z. Morris

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