Crypto Update 8/12/21 | The Inevitability of Crypto in Iraq

With crypto markets pulling back slightly after a recent rally and a look at the inevitable adoption of crypto in Iraq, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava, Nexo.io and Celo. Today's Stories: ETH Holds Long-Term Support Ahead of All-Time High Bitcoin Shows Signs of Exhaustion as Rally 'Falters' Before Next Leg Up: Sources Market Wrap: Bitcoin Rallies Despite Cooler Inflation Data U.S. Stock Futures Edge Higher After Records European stocks drift as China launches regulatory drive Why central bankers keep their cool over rising house prices Nearly half of American workers don’t earn enough to afford a one-bedroom rental Millennials’ High-Earning Years Are Here, but It Doesn’t Feel That Way Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets Samsung Plans to Test Mobile Phone Functionality With South Korea's CBDC Pilot DBS Bank Gets the Greenlight From Singapore Regulator to Provide Crypto Services Crypto Asset Manager Valkyrie Files for Bitcoin Futures ETF Commercium Financial Becomes the Fourth Wyoming-Chartered Crypto Bank Lionel Messi's Paris St. Germain Transfer Included Crypto Fan Tokens Featured Story: The Inevitability of Crypto in Iraq This episode was edited & produced by Adrian Blust with music production by Doc Blust & Colin Mealey - 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.