Bitcoin News Roundup for July 16, 2021

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.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

With bitcoin edging closer to the critical support level of $30K and a nuanced look at whether technology has an 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

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.