Alex Thorn from Galaxy Digital predicts a major Bitcoin rally in 2025. 🚀 Exciting times ahead for BTC enthusiasts!
DeFi faces challenges as the IRS proposes a rule change, with over 44,000 public comments submitted. Alex Thorn outlines three potential options if the rule isn't overturned, highlighting the impact on the sector.
Galaxy Digital's Alex Thorn discusses Bitcoin's potential to surpass $100,000, highlighting recent performance metrics and contributing factors.
Bitcoin may face another "Thanksgiving Day Massacre" as analysts debate potential dips due to M2 money supply trends and market behavior. While some predict a possible correction to $73,000, others see potential in upcoming Federal Reserve policy shifts and structural buying pressure that could support Bitcoin's price resilience.
Alex Thorn of Galaxy Digital believes Bitcoin ETF options will decrease volatility, increase liquidity, and attract more investors.
Kamala Harris may offer more support to the US crypto industry than Joe Biden. Alex Thorn from Galaxy Research compared their stances, suggesting Trump might be even more favorable.
FTX will distribute over $12 billion to its former customers as approved by the court, relieving those whose digital assets have been locked since the exchange's collapse. This action is seen as positive news for Bitcoin enthusiasts.
Tonight's HBO documentary may stir interest, but Bitcoin benefits from the anonymity of its creator, asserts Alex Thorn of Galaxy.
Bitcoin faces a potential 75% correction as the Stochastic RSI signals a bearish trend. Historically, such indicators have led to significant declines. September remains challenging, but October may offer recovery potential.
Cryptocurrency analyst Alex Thorn suggests a potential Bitcoin price recovery in October, despite September being too early for optimism.
Mt. Gox moved 13,265 Bitcoins on-chain, with only 1,265 BTC available for sale according to Galaxy Digital's Alex Thorn.
Mt. Gox relocates $700M of Bitcoin, but market impact remains minimal as BTC stays at $59K.
Bitcoin Layer-2 solutions face challenges due to high data posting costs on the Bitcoin network, potentially affecting their long-term viability.
Bitcoin mining difficulty has reached an all-time high with a 10.5% increase on August 1, 2024, according to Galaxy's Head of Research, Alex Thorn.
Mt. Gox faces new turmoil as clients report unauthorized access attempts amidst ongoing repayments.
Bitcoin market insights suggest lower-than-expected sell pressure from the Mt. Gox bankruptcy resolution, analyzed by Alex Thorn of Galaxy Digital.
Alex Thorn from Galaxy Digital sees continued Bitcoin adoption by Wall Street and corporations, predicting its normalization in the financial industry.
Alex Thorn from Galaxy Digital discusses the potential impact of the SEC's decision on Ethereum's legal status and ETH ETFs, based on insights from Bloomberg ETF analysts Seyffart and Balchunas.
Galaxy Digital Research Manager Alex Thorn suggests that the SEC may have reached a conclusion on the legal status of Ethereum.
Galaxy Research analyst Alex Thorn articulates apprehensions over staked ETH potentially being deemed a security by the SEC, amidst Ethereum ETF discussions.
