Bitcoin Update 7/30/21 | Crypto's Incredible Rewards (and Risks)

With bitcoin pulling back after a strong weekly performance plus a look at the 3 types of risks in digital assets, 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:

Bitcoin Struggles at Resistance; Lower Support Near $34K 

Stocks Rise After GDP Data - WSJ

Cathie Wood's ARK Invest Scoops Up 1.3M Robinhood Shares on Nasdaq Debut 

U.S. Stock Futures Slide After Strong Month of Gains

Philippines to Reimpose Lockdown in Capital; Stocks Plunge

Euro zone growth rebounds, inflation tops ECB target

Natural gas crunch sends prices hurtling higher

Framework to Regulate Crypto, Stablecoins Introduced in US Congress

Ireland's Central Bank Says Digital Euro Not Matter of If, But 'When and How'

Turkish lira a rare bright spot for emerging market currencies in July

Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure

Colombia's First Commercial Bank Will Let Users Transfer Money to Crypto Exchange

Indian Authorities to Question Binance on Laundering of Betting Proceeds 

MicroStrategy Plans to Continue Amassing Bitcoin

Bitcoin Miners Can Escape US Taxes by Mining Direct to IRAs 

Facebook bets on virtual reality 'metaverse'

Featured Story: Parsing Three Types of Risk in Digital Assets | Jeff Dorman

-

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.