Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an “expanded Bitcoin reserve policy.”
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From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy’s head of research.
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One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin.
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After the announcement that Satoshi Nakamoto’s true identity could be unmasked next week in an HBO documentary, Polymarket bettors are buzzing with excitement, speculating who it might be. On Friday, with $190,533 wagered, Len Sassaman emerged as the frontrunner, holding a 49% likelihood. Len Sassaman Leads Polymarket Bets Ahead of HBO’s Bitcoin Mystery Documentary HBO’s […]
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After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term Bitcoin Holders Likely to Retain Mt Gox Bitcoin Distributions […]
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Galaxy Research’s Alex Thorn raises concerns about the SEC potentially classifying staked ETH as a security amid Ethereum ETF approval speculation.
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On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
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Despite macroeconomic headwinds, a Galaxy Research report says activity could rebound in the second quarter of 2023 following recent crypto price increases.
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Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual property (IP) rights tied to the Cryptopunks and Meebits NFTs. The company acquired the IP rights to the NFT collections in mid-March 2022, and owners can use their NFTs for commercial or personal purposes. Yuga […]
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Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some degree. OP_Return Transaction Domination Slows Significantly Alleviating […]
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