Crypto Update 9/3/21 | How NFTs Fit Into DeFi

With bitcoin breaking above $50K and a look at the future of decentralized finance (DeFi) in the context of 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 Returns Near $50K; Next Resistance at $55K

Market Wrap: Bitcoin Enters September Slowdown; Cardano’s ADA at New High  

Solana’s SOL Replaces Dogecoin as 7th Largest Cryptocurrency 

Stock Futures Edge Up Ahead of Jobs Report 

Forget Finance. Supply-Chain Management Is the Pandemic Era’s Must-Have MBA Degree

August Jobs Report: US Added 235,000, Missing Expectations

Sugar Prices Soar After Brazil Cold Snap

Japan’s SBI Holdings is set to Launch Crypto Fund: Report

South African Regulators are the latest to Issue a Warning Over Binance

Nigeria SEC Establishes Specialist Division to Study Crypto Investments: Report

Most Salvadorans Do Not Want Bitcoin, according to a new Poll

Cryptocurrencies are ‘Concern’ing the Central Bank. President

SEC Investigating Uniswap Labs: Report

Candidate for Minnesota Governor Releases Campaign NFTs

Featured Story: How NFTs Fit Into DeFi

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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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.