Crypto Update 9/14/21 | Are NFTs a Good Long Term Investment?


Crypto Update 9/14/21 | Are NFTs a Good Long Term Investment?


With bitcoin bouncing back up and a look at what the art world can teach us about investing in NFTs, 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 Stabilizes; Faces Resistance at $48K-$50K

Bitcoin Bounces to 200-Day Moving Average Ahead of US CPI Data as China’s Evergrande Warns of Default

Stock Futures Waver Ahead of Inflation Data

Stocks Steady Before U.S. CPI; Crude Oil Advances: Markets Wrap

European stocks dip as investors await US inflation data

Featured Story: Do NFTs’ Crazy Valuations Make Them Art? A Leading Collector Says No

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.

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.

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