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

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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.