Crypto Update 8/9/21 | The US Senate Goes to War Over Crypto Taxation

With crypto markets moving to risk-on sentiment and a look at the competing crypto amendments in the Biden Administration's 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 Holds Support; Next Resistance at $50K 

Ether Erases Early Losses to Trade Little Changed Above $3K

European stocks waver as oil slips on growing Delta variant worries  

S&P 500 Futures Hold Steady While Oil Slides  

2 Senators Propose Exemptions to Crypto Tax Reporting Required By US Infrastructure Bill 

Infrastructure Bill Has Big Wins for Oil  

Construction ‘supercycle’ predicted on wave of government spending

USDC Builder Circle Says It Wants to Become a National Crypto Bank

Binance.US CEO Brian Brooks Quits, Cites 'Strategic Differences'

Chainlink Integrates Weather Data

Bundesliga Partners With Topps on First-Ever NFT Collection

Featured Story: The Senate Goes to War Over Crypto Taxes | David Z. Morris

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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.