Bitcoin News Roundup for July 8, 2021

With crypto markets largely in the red and a look at an interesting case of copyright infringement in the world of crypto art, CoinDesk’s Markets Daily is back with the latest news roundup.

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This episode is sponsored by Kava and Nexo.io.

Stock Futures Drop, Bond Yields Skid Lower

Gold Extends Gain Above $1,800 After Treasury Yields Decline

UAE Pushes to Produce More Crude, Creating OPEC Deadlock - WSJ

Surge in China Originated Shipping Costs Drives Inflation Pressure

Alchemy Adds Polygon Support for Faster Development on Ethereum's Leading Layer 2

France Tests CBDC Flows With Singapore Using Automated Liquidity Pool

Gemini Exchange to Expand Asia Pacific Operations in a Bid to Capture Growth

China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System

USDC Backer Circle to Go Public in SPAC Deal

EU to Propose New Agency for Crypto Crackdown

Crypto Insurance Platform Coincover Raises $9.2M as Big Firms Seek Safety

MLB NFT Auction Includes LA Dodgers World Series Ring

One in Five UK Crypto Investors Don't Know What They're Doing: Research

Taming the Tuktuk? Egypt Moves to Regulate Popular Three-Wheelers

Trump Sues Facebook, Twitter, Google to Restore Social-Media Accounts

Featured Story: CryptoPunks Get Punked | Daniel Kuhn