Markets Outlook Bitcoin Update 8/2/21 | The US's New Comprehensive Crypto Bill
With crypto traders getting optimistic and a look at a surprisingly sophisticated new crypto bill in the U.S. Congress, 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 Slips Below $40K; Support Around $34K
Bitcoin Price Slumps 5% as Recent Rally Begins to Cool
Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High
Futures Signal Stock Indexes to Rise Toward All-Time Highs
Stock Market Today: Dow, S&P Live Updates for Aug 2
Pandemic response fuels broadest global house price boom in two decades
Oil prices hit by concern over Chinese economy and higher supply
Square to acquire Afterpay for $29bn as ‘buy now, pay later’ booms
Stimulus hopes lift Wall St futures ahead of manufacturing PMIs
PBoC Says It Will Keep High Pressure on Crypto Trading (no read)
Brazilian Central Bank Projects 'Significant Migration' to Digital Payments
Fed's Brainard Says US Can't Not Have a CBDC in a World in Which Others Have Them
NFT Markets Post Record-Breaking Week
Square's Cash App Q2 Bitcoin Revenue Rose 200%; and they took a $45M Bitcoin Impairment Loss
GoldenTree Adds Bitcoin to Its Balance Sheet: Report
Michael Saylor Likens Borrowing to Buy Bitcoin to Investing Early in Facebook
South Korean toilet turns excrement into power and digital currency
Featured Story: New Crypto Bill in US Is the Most Comprehensive Yet
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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.