Crypto Update 9/1/21 | Why Everyone in NFTs Is Suddenly Talking About Price ‘Floors’


Crypto Update 9/1/21 | Why Everyone in NFTs Is Suddenly Talking About Price ‘Floors’


With bitcoin’s upside momentum fading as it clings to $46,000 support, ether moving towards a breakout and a look at what all the NFT price floor buzz is about, 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 Stuck in Sideways Chop; Support Above $46K

Stock Futures Rise Ahead of Manufacturing Data

Stocks push higher on China stimulus hopes

Stocks, U.S. Futures Gain With Treasury Yields: Markets Wrap

Argentina’s markets are flying

Aluminum Notches Decade Highs on Soaring Demand, Snarled Supplies

China to Sell 150,000 Tons of Metals From its Reserves on Sept 1

PC Shipments Are being Delayed by Months

Americans Are Stocking Up on Toilet Paper Again.

Walmart Will Add 20,000 Workers to Supply-Chain Operations This Year

El Salvador is set to Create a $150M Bitcoin Trust to Facilitate Exchange to US Dollars

Nigeria’s Central Bank Taps Bitt to Launch CBDC by Year’s End

Crypto Market Won’t ‘Last Long Outside’ Regulatory Framework, Gensler Says

Tether is asking the Court to Block NYAG From Releasing Documents to CoinDesk

The Postal Service’s Law Enforcement Arm Is Buckling Down on Crypto

Eastern Europe Received Over $1B of Illicit Crypto in a Year

Institutional NFT Interest Heats Up as Three Arrows Capital Launches ‘Starry Night’ Fund

Coinbase to Use Polygon’s Ethereum Scaling Solution to Reduce Prices and Settlement Times

Dolce & Gabbana to Feature NFT of Rare Tiara in First Drop

Featured Story: Why Everyone in NFTs Is Suddenly Talking About Price ‘Floors’

This episode was edited & produced by Adrian Blust.

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