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Bitcoin Price Recovering to $44K Level After Slight Pullback

Bitcoin is recovering from a slight pullback Wednesday and is up 3% over the past 24 hours at around $44,500, which some say is an indicator of a bullish shift. Why is this happening? CoinDesk Director of Professional Content Galen Moore reviews the day's top stories potentially moving the markets.

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Monetizing Content Creation: NBA Entertainment Host on How Investing in Production Generates Better Returns

NBA Entertainment host Austin J. Mills joins CoinDesk's "After Show" following his appearance on "New Money" with Spencer Dinwiddie and Solo Ceesay giving a behind-the-scenes look at being a video content creator. Mills says putting real money behind content production can yield more significant returns. Plus, he shares his general sentiment toward "safe investments" and hints at a new pilot deal in Los Angeles.

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Crypto Mining Data Center Provider Compute North Raises $385M

Compute North, which provides sustainable infrastructure for crypto mining, has closed a $385 million round that includes a Series C fundraise and debt financing. “The Hash” team discusses what this means for bitcoin mining and the crypto industry at large.

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Russia to Regulate Crypto, Dispelling Fears of Ban

The Russian government will regulate cryptocurrencies with the support of the central bank, which previously called for a ban on crypto mining and trading. "The Hash" hosts discuss Russia moving to legitimize crypto assets as currencies and the implications for the local and global economy.

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Shiba Inu Enters Metaverse With ‘Shiba Lands,’ LEASH, SHIB Tokens Soar

Developers behind popular meme coin Shiba Inu said the protocol would soon offer plots of virtual lands in an upcoming, yet-unnamed metaverse, causing the prices of ecosystem tokens like SHIB and LEASH to jump as much as 40%. “The Hash” squad discusses the latest in the meme economy.

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‘Story of the Year:’ Feds Seize $3.6B Stolen Bitcoin In DOJ’s Largest Crypto Bust to Date

A Washington judge stopped a decision to grant bail to Ilya “Dutch” Lichtenstein and Heather Morgan, two people charged with conspiring to launder $4.5 billion (120,000 BTC) stolen in a 2016 hack of crypto exchange Bitfinex. “The Hash” panel discusses the latest in what “might be the story of the year.”

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PBOC Pushes E-CNY Standardization; CoinDCX Hits 10M Users

China’s central bank works on E-CNY standardization. India’s excitement for crypto grows despite tax. Are memecoins becoming more than a joke? We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast.

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Blockchain Firm Millicent Wins UK Government Funding to Develop CBDC

London-based blockchain-powered firm Millicent has won a prestigious research grant from the U.K. government to develop a central bank digital currency (CBDC). Kene Ezeji-Okoye, co-founder and president of Millicent, shares his insights into the firm's latest projects, including creating regulator complaint stablecoins and a "highly secure blockchain." Plus, addressing privacy concerns of a potential digital pound.

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Pro-Bitcoin California Congressional Candidate: BTC is a ‘Way For Economic Justice,’ Lightning Network ‘is the Future’

Aarika Rhodes, U.S. congressional candidate for California’s 32nd District seeking to unseat Congressman Brad Sherman (D-Calif.), explains bitcoin as “a way for economic justice.” “Do I love the Lightning Network? Absolutely, I think it is the future,” Rhodes said.

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Judge Stays Release of Couple Suspected for Laundering $4.5B in BTC From 2016 Bitfinex Hack

A federal judge has halted the release of Ilya Lichtenstein and Heather Morgan, two individuals suspected of conspiring to launder $4.5 billion from the 2016 hack of crypto exchange Bitfinex. This comes as U.S. officials seized 94,000 BTC, worth over $3.6 billion tied to the hack. CoinDesk's Nikhilesh De discusses the latest in the Department of Justice's largest financial seizure ever.

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