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Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast

China’s Bit Mining pivots to focus on overseas mining business. Korean crypto exchange Upbit accused of involvement in illegal transactions. Ethereum’s creator joins the cast of animated crypto series ‘Stoner Cats.’ We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Did a Short Squeeze Drive BTC Prices Higher?

Bitcoin broke back above $39K Sunday in the largest single daily gain in six weeks. BNY Mellon's Ben Slavin shares his analysis on the potential factors driving the BTC spike. Plus, insights into rising institutional demand for crypto services as BNY Mellon begins to custody crypto and outlook for bitcoin ETFs in the U.S.

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What to Expect From Tuesday’s Crypto Hearings in DC

CoinDesk’s Nikhilesh De discusses what to expect from two crypto-focused hearings commencing Tuesday: the first by the U.S. Senate Banking Committee discussing the topic of “Cryptocurrencies: What are they good for?” and the second by the House Financial Service Committee on CBDCs.

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Mila Kunis on Launching New Animated NFT Show ‘Stoner Cats’

A new animated web series, “Stoner Cats,” launches Monday, featuring Mila Kunis, Ashton Kutcher, Ethereum founder Vitalik Buterin, Jane Fonda, and others.

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Lightning Network Gets Boost From El Salvador’s Bitcoin Law

Bitcoin committed to Lightning channels has grown about 30% since El Salvador's bitcoin law passed, according to CoinDesk Research. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Holds Above $32K as Sentiment Improves

Cryptocurrencies are mostly higher on Friday as bullish sentiment returns into the weekend, with bitcoin trading around $32K at press time.

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BlockFi Pursuing Plans to Go Public Despite Regulatory Scrutiny

CoinDesk "First Mover" editor Brad Keoun and research analyst George Kaloudis discuss what to watch for next week as crypto lender BlockFi reportedly aims to go public amid growing regulatory scrutiny. Plus, exploring bullish signals for institutional interest in the crypto markets as JPMorgan announces it now offers clients access to some crypto funds, including GBTC.

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Reddit to Scale Its Ethereum-Based Community Points System With Arbitrum

Social media platform Reddit has selected rollup technology Arbitrum to scale its Ethereum-based Community Points system.

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IRS Tweaks Crypto Question Language on 2021 Individual Tax Form Draft

In its 2021 draft of the 1040 Individual Income Tax Return form, the U.S. Internal Revenue Service (IRS) has more clearly stated how crypto assets should be taxed than 2020. “The Hash” hosts discuss the possible impact of IRS’ efforts to tackle crypto tax evasion.

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Solana Offers $5M Fund for Creators to Start Building on Web 3.0

The Solana Foundation and two of the network’s leading platforms, Audius and Metaplex, are putting $5 million towards the Solana Creator Fund to lure 1,000 musicians and artists into building on Web 3.0. "The Hash" panel discusses how the fund may contribute to the future of Web 3.0, exploring the power of the Solana blockchain as a potential source of income for creators.

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