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galen-moore
The Layer Zero Race to Solve Interoperability
Cosmos Hub Lead Billy Rennekamp and Moonbeam Director of Ecosystem Nate Hamilton join Polygon Co-founder Sandeep Nailwal at Consensus 2022 to discuss the role of the layer zero race in solving interoperability. Moderator: Galen Moore, Content Lead, Axelar

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.

Could Bitcoin Bounce Back in February?
CORRECTION: Galen Moore misstated the extent of stocks’ pullback. As of February 2, 2022 stocks had fallen back to about where they were a year ago, this time, not back to where they were before the pandemic crash in March 2020. CoinDesk Director of Professional Content Galen Moore discusses his analysis and outlook for bitcoin amid some analysts expecting prices to recover this month. Plus, thoughts on Arizona Sen. Wendy Rogers submitting more pro-crypto proposals, and the latest job report from ADP revealing U.S. companies cut 301,000 jobs in January.

Is the Worst for Bitcoin Over?
Bitcoin continues to hold support above $40,000 as momentum improves on intraday charts. CoinDesk Director of Professional Content Galen Moore discusses his views on whether the worst for bitcoin is over or if there's further room to fall. Plus, why chances are low for a spot bitcoin ETF approval and reactions to the day's top crypto headlines.

Crypto News Roundup: Jack Dorsey Announces Bitcoin Legal Defense Fund, US Banks Offer USDF Stablecoin and More
Block CEO Jack Dorsey is proposing the Bitcoin Legal Defense Fund to defend developers from lawsuits about their activities in the Bitcoin ecosystem. A group of U.S. banks to offer its own stablecoin "USDF" in a move to tackle concerns regarding reserves behind nonbank-issued equivalents. Investors are suing Kim Kardashian and Floyd Mayweather over an alleged EthereumMax scam. CoinDesk's Galen Moore weighs in on the top crypto headlines.

Bitcoin Suffering Worst First Week of the Year Since 2017
Bitcoin suffered its worst first week of the year since 2017 as it dipped to a three-month low. CoinDesk's Managing Editor of Markets Brad Keoun explains the macro factors behind the dip. On top of that, CoinDesk Research's 2021 Annual Review found bitcoin dominance compared to other cryptocurrencies was lower than it has been since 2017. CoinDesk's Managing Editor of Technology, Christie Harkin, points out that the idea of bitcoin winning and or losing is "not a healthy way to approaching it." Bitcoin's decreasing dominance shows a maturing of the space overall.

Is the Bitcoin Hashrate Becoming Vulnerable to Geopolitical Risks?
According to MiningPoolStats, hash power commanded by the largest mining pools – a reasonable proxy for overall Bitcoin hashrate – shrank by a hefty 12.7% this week. The leading cause was a political event in Kazakhstan. “All About Bitcoin” fill-in host Galen Moore explains the data in Chart of the Day.

ETH Price More Strongly Linked to BTC Than Ever
A chart featured in the 2021 CoinDesk Annual Review illustrates the 90-day return for bitcoin, ether, and macro assets. In this Chart of the Day report, Galen Moore reflects on bitcoin’s relationship with broader financial markets and ether’s dependence on the BTC price.

Bitcoin for Fairness Foundation Receives 0.5 BTC Grant
Anita Posch, founder of the Bitcoin for Fairness Association, discusses the recent 0.5 BTC grant her organization received from the Human Rights Foundation. Posch explains their ambitions to raise awareness of bitcoin use practices throughout the global south to bring underserved communities into the global financial system and the socio-economic benefits of cryptocurrency.

Why Short-Term Sentiment Is Driving the Bitcoin Price
What is driving the bitcoin price? Head of Market Insights at Genesis Global Trading Noelle Acheson joins “All About Bitcoin” to explain the narratives in the markets. Bitcoin is behaving like a risk asset. “That is no longer a surprise by part of the story,” she says.
