There’s A Strong Chance The US Forms The Strategic Bitcoin Reserve This Year: Alex Thorn
Sponsored
Sponsored
Galaxy Digital’s Alex Thorn says that the US could launch a Strategic Bitcoin Reserve this year, as competition heats up. Galaxy Digital’s head of research, Alex Thorn, believes the United States could announce a Strategic Bitcoin Reserve (SBR) before the end of this year. He argues the market is not fully recognising the likelihood […]
Global interest in Bitcoin is gaining momentum as more governments prepare to adopt the cryptocurrency on a national scale. Jan3 founder Samson Mow believes the shift is no longer a distant prospect but an approaching reality. Speaking on the What Bitcoin Did podcast on Saturday, Mow said, “I think we’re…
Galaxy Digital has cut its 2025 year-end Bitcoin target to $120,000 from $185,000 in a new research alert circulated on November 5 and shared via screenshots on X by Alex Thorn, the firm’s head of firmwide research. In the note titled “Bitcoin Outlook Update: Lowering 2025 YE Target to $120,000,”…
Despite a brief correction towards the $91,000 mark on Tuesday, which represented a 7% drop from its all-time high of $99,500, the market’s leading crypto, Bitcoin (BTC), has regained the strength it has posted over the past three weeks since Donald Trump’s election, on its way to the $100,000 milestone.…