Galaxy Research
3 storiesA recurring subject in Galaxy Research, the research output associated with Galaxy, is blockchain market analysis. The research process can incorporate crypto market structure, Bitcoin market analysis, and protocol sector analysis, so citations should identify the specific report rather than the organization alone. The Galaxy Research tag applies when a publication on blockchain market analysis, crypto policy commentary, or institutional investor commentary supplies the article's central evidence, methodology, or thesis. Corporate announcements, funds, and standalone data products from Galaxy remain separate unless they directly explain the Galaxy Research work on blockchain market analysis or crypto policy commentary.
Bitcoin ETFs Face First Institutional Bear Market as Liquidity Thins
Bitcoin's largest investment products are shrinking as ETF outflows accelerate and liquidity dries up, marking a new phase in the market's evolution where losses are distributed through regulated channels instead of high-profile failures
Coldcard Firmware Bug Drains $89M From Bitcoin Wallets
A March 2021 Coldcard firmware flaw let attackers steal about 1,367 BTC worth roughly $89 million from thousands of addresses. Researchers say vulnerable wallets remain at risk and urge immediate fund moves
Long-Term Bitcoin Holders Slow Selling as Dormant Coins Stay Put
Dormant Bitcoin movement reached its lowest point since 2022 in Q2, suggesting long-term holders are pausing major sales after significant profit-taking earlier in 2024 and 2025, according to Galaxy data