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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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.