Crypto Update 8/11/21 | What Just Happened With the Infrastructure Bill?

With crypto markets looking optimistic and a breakdown of the recent Infrastructure Bill, 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 Avoids Bear Market; Long-term Uptrend Intact Bitcoin Price Rests Above Key Indicator Amid 'Return of Retail Investors' Futures Steady Before Inflation Data; Bonds Drop Rapid pace of US consumer price increases expected to level off Stock Futures Hover Ahead of Inflation Data US July Consumer Price Index Rose Slightly Faster Than Expected Some People Shy Away From Restaurants as Delta Variant Spreads SEC Needs More Authority to Regulate Crypto, Gensler Says U.S. Government Wants a Greater Role in How Americans Access Internet How Sweden became the Silicon Valley of Europe Jamaica Mints the Country's First Batch of CBDCs Ghana to Pilot CBDC With German Banknote Printer Giesecke+Devrient FTX Market Share In BTC Futures Nearly Doubles Since June PNC Bank Is Planning a Crypto Offering With Coinbase A16z Leads $111M Token Sale for Helium's HNT Venmo Credit Card Holders Can Now Trade Cash Back for Crypto DeFi Has Accounted for Over 75% of Crypto Hacks in 2021 Poly Network Hacker Starts to Return Drained Funds Crypto Panhandlers Beg Poly Network Attacker for Share of $613M Haul Featured Story: What Just Happened With the Infrastructure Bill? - CoinDesk - 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. - 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.