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Crypto News Roundup for Oct. 1, 2021

With crypto markets rallying again at the start of the new month and a look at life and death in the world of social tokens, CoinDesk’s Markets Daily is back with the latest news roundup.

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This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.

Bitcoin Rallies Above $47K, Resistance at $50K — CoinDesk

Bitcoin Climbs Above $47K Amid Stock Market Weakness, Eyes Fed’s Preferred Measure of Inflation

Stock Futures Slip, Pointing to Worst Week in Nearly a Year

From Chips to Ships, Shortages Are Making Inflation Stick

Car Companies Buckle Up for Extended Chip Shortage

Low Auto Inventory and Higher Prices are Wearing Down Frustrated Car Shoppers

Silicon’s 300% Surge Throws Another Price Shock at the World

Even the Dirtiest Coal Is Surging Due to China’s Power Crunch

Venezuela to Subtract Six Zeros From Currency, in its Second Overhaul in Three Years

El Salvador Has Mined its First Bitcoin With Volcanic Energy

San Jose, ‘Capital of Silicon Valley,’ Wants to Fund Internet for Low-Income Households With Crypto Tokens

MassMutual-Owned Fintech Flourish to Offer Bitcoin Investment Service to Advisors

Kraken Reveals Security Vulnerabilities in Bitcoin ATMs

Play-to-Earn Giant Axie Infinity’s Revenue Tanked 40% in September

Lil Nas X, Grimes Featured in TikTok NFT Collection

Featured Story: What Happens to a Social Token When Its Creator Dies?

This episode was edited & produced by Adrian Blust.

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