Bitcoin News Roundup for July 8, 2021

With crypto markets largely in the red and a look at an interesting case of copyright infringement in the world of crypto art, CoinDesk’s Markets Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Kava and Nexo.io. Today's Stories: Stock Futures Drop, Bond Yields Skid Lower Gold Extends Gain Above $1,800 After Treasury Yields Decline UAE Pushes to Produce More Crude, Creating OPEC Deadlock - WSJ Surge in China Originated Shipping Costs Drives Inflation Pressure Alchemy Adds Polygon Support for Faster Development on Ethereum's Leading Layer 2 France Tests CBDC Flows With Singapore Using Automated Liquidity Pool Gemini Exchange to Expand Asia Pacific Operations in a Bid to Capture Growth China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System USDC Backer Circle to Go Public in SPAC Deal EU to Propose New Agency for Crypto Crackdown Crypto Insurance Platform Coincover Raises $9.2M as Big Firms Seek Safety MLB NFT Auction Includes LA Dodgers World Series Ring One in Five UK Crypto Investors Don't Know What They're Doing: Research Taming the tuktuk? Egypt moves to regulate popular three-wheelers Trump Sues Facebook, Twitter, Google to Restore Social-Media Accounts Featured Story: CryptoPunks Get Punked | Daniel Kuhn - 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. - 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.