With bitcoin quivering in response to fresh inflation data and a look at why DeFi won’t be getting too big to fail, CoinDesk’s Markets Daily is back with the latest news roundup.This episode is sponsored by Kava, BCB Group and Koinly.Today's Stories:Bond Selloff Reverses, Stock Futures Jump After Inflation Data White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus InflationLong Crypto Traders Feel Pain as Bitcoin's Slide Leads to $430M in Liquidations   Shiba Inu, Solana Tokens Among 4 Added to Robinhood US Inflation Jumps to Fresh 4-Decade High of 8.5% in MarchFeatured Story: No, DeFi Is Not a Repeat of the 2008 Crisis-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.-BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.-Koinly calculates crypto taxes accurately and fast to save you time, and keep you from paying too much in taxes. Koinly connects to 600+ exchanges to analyze all your trades, and is able to handle DeFi, liquidity, NFTs & more. Simply download Koinly's IRS form 8949 report and file! Get started with a free plan at koinly.io.-Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MarketsDaily15 to get 15% off your pass at www.coindesk.com/consensus2022.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.