Daily Update 7/16/21 | Is Crypto 'Inherently Right Wing’ or a ‘Digital Rebellion’?

With bitcoin edging closer to critical support level of $30K and a nuanced look at whether technology has ideology, 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. Stock Futures Advance With Earnings in Focus

Stock Futures Creep Up Ahead of Retail Sales Data 

Credit rating upgrades hit record pace as US economy rebounds 

Demand for loan ETFs ‘skyrockets’ as inflation worries intensify

Yield Premium on Riskier Corporate Bonds Nears All-Time Low

Google Searches for 'Bitcoin Price' Reach 7-Month Low

Buying a Car Now Is Brutal—New or Used

Jerome Powell says I'm 'Undecided' on the Benefits of Central Bank Digital Currencies

U.S. Warns Businesses Over Rising Risks in Hong Kong Under China Crackdown

Hong Kong was Next to Issue Binance Warning

Digital Yuan Used in $5 Billion of Transactions according to the PBOC

Cubans Living Abroad Are Using Crypto to Help Locals 

Bitcoin to Become Dominant in Global Finance by 2050

Binance to End Support for Stock Tokens

PayPal Increases Crypto Payment Limits for US Customers

Bank of America Approves Bitcoin Futures Trading for Some

US State Department Offers to Pay for Cybercrime Tips With Crypto 

Market Bets Cardano Won't Release Smart Contracts by Oct. 1

Featured Story: Is Cryptocurrency 'Inherently Right Wing?' | David Z. Morris

-

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.