MARKETS DAILY: Crypto Update | Markets Are Mixed As the Current Debt Ceiling Resolution Bill Could Be a ‘Double Whammy’ for Liquidity

Market participants are closely watching the progress towards a multi-year suspension of the US debt ceiling, a deal that has both Democratic and Republican members celebrating. 

Today’s Stories: 

Treat Crypto as Securities by Default, European Parliament Study Says

USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit

Market Watch Links: 

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

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