Daily Update 7/15/21 | Bitcoin's Renewable Energy Incentive

With crypto markets struggling and a look at Bitcoin’s green energy incentive, 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: U.S. Stocks Decline; Treasury Yields Extends Drop Stock Futures Tick Down Ahead of Claims Data, Powell Testimony Transatlantic inflation surge fuels economists’ fears of overheating Tesla Correlation to Big Tech Breaks Down. Blame Bitcoin Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming Back SEC Further Delays WisdomTree Bitcoin ETF Decision Australian Lawyers Propose Creation of a DAO Legal Entity Italian Regulator Says Binance Is Unauthorized Revolut Valued at $33B in $800M Fundraising Led by Softbank Bitcoin's Lightning Network Node Count Doubles in 3 Months ShapeShift to Shut Down, Airdrop FOX Tokens to Decentralize Itself Out of Existence Another Bitcoin Investor Sues T-Mobile Over Sim Swap Attack New York Giants Star Saquon Barkley Will Take All Future Endorsement Money in Bitcoin Jerome Powell: CBDC Report Coming in Early September White House Plans Ransomware Task Force Vitalik Buterin Is Involved in a New Documentary Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network Featured Story: Bitcoin Is Already Incentivizing Renewable Energy | 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.