With BTC and ETH market action stuck in a loop plus a look at takeaways from this week's congressional hearings, 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:

European Shares Advance as Investors Weigh Economic Recovery 

Fitch Says Rapid Stablecoin Growth Poses 'Contagion Risks' 

Xi Jinping Warns China Won’t Be Bullied as Communist Party Marks 100 Years 

India Could Hit International Crypto Exchanges With Additional 18% Tax

Ukraine Puts CBDC On Par With Cash in New Payments Law 

Bitcoin Mining Council Says Sustainable Power Mix on the Rise 

Strike Rolls Out Bitcoin Buys, Taking On Coinbase 

Dogecoin's Fee Change Proposal Promises to Reduce Costs 

Robinhood IPO Filing Shows Dogecoin Trading Drove Big Gains 

Portland Trail Blazers to Wear NBA's First Crypto Ad Patch (Sorry, PayPal) 

Featured Story: Before We Regulate Crypto, We Need to Know What Crypto Is | Daniel Kuhn

-

Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.

-

Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.