With bitcoin breaking above recent resistance and a look at the implications of Washington's crypto pay-for ambitions, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Stocks Climb as U.S. Futures Steady; Oil Rebounds

Lone Senator Rejects Crypto Provision in Infrastructure Bill

Robinhood’s growth hinges on loyalty of next-gen traders 

Tesla China Shipments of Locally Made Cars Plunged in July

Inflation risk or profit engine? High car prices are both  

Google employees who work from home could lose money

Crypto Exchange CoinDCX Hits Unicorn Status a first for India 

Ether Held on Centralized Exchanges Hits Three-Year Low

Tether Reveals More Details About Its Reserves

Ex-SEC Director Brett Redfearn Leaves Coinbase After just 4 Months

AMC to Accept Bitcoin for Tickets and Concessions Later This Year

DraftKings Charts NFT Long-Game With Marketplace Debut

Featured Story: Against the US Senate's Extreme Crypto Provision | CoinDesk

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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.

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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.