With Ethereum’s much-anticipated upgrade coming soon and a look at what could happen if Tether were to collapse, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Bitcoin Stuck Below $40K; Eyes Short-Term Oversold Bounce

Stocks Rise, Futures Steady as China Concerns Ease: Markets Wrap

European equities edge up to all-time highs on earnings optimism

 ‘It has never been like this’: US house price spiral worries policymakers 

WSJ Explains - Inflation Is Hitting Diapers. The WSJ Explains Why

Airlines Hold to a Business-Travel Rebound This Fall 

Robinhood sparks buzz on Reddit, shares up 15%

Russia's Financial Monitoring Agency Wants to Identify and Profile Crypto Users

Spain Opposition Party Introduces Bill to Allow Mortgage Payments With Crypto

Analysts Take Cautious Stance on Ether as London Hard Fork Nears

Senator Rob Portman Defends Crypto Provision in US Infrastructure Bill

Global Precious Metals Retailer Kitco to Issue Specie-Backed Stablecoin

Riccardo 'Fluffypony' Spagni Hires Top Attorney to Battle Extradition to South Africa on Fraud Charges

 Google Allows Crypto Ads in US With Restrictions

Crypto.com Appoints New Head of Growth From

NBA Top Shot to Sell NFTs In-Person at Summer League Games

Gaming Community Pledges $203M in Ember Sword’s Virtual NFT Land Sale

Featured Story: Tether's Collapse Would Be Chaotic, Not Cataclysmic | David Z. Morris

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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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Celo is a mobile-first platform making financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports more than 1000 projects from builders, developers, and even artists, who everyday create new applications and issue digital currencies from over 100 countries around the world. To learn more visit Celo.org today.