Galaxy

Come work with the Galaxy team! We’re hiring for several exciting positions: ▶ Advisory: Associate, Investment Banking ▶ Operations: Analyst/Associate, DeFi Operations ▶ Trading: Equity and Equity Options Sales Trader Check out these roles and more to make your mark at Galaxy. Explore and apply here: https://hubs.li/Q02-0GQn0

In the latest episode of Galaxy Brains, Alex Thorn welcomes back Robert Hamilton, CEO and Co-Founder of AnchorWatch. Alex and Robert discuss the optimal ways for the U.S. government to securely store the proposed strategic bitcoin reserve. They also cover the potential mechanisms and technologies that could safeguard this national asset, the pioneering role of insurance in crypto security, and the latest developments in Bitcoin custody solutions. Robert also shares insights on AnchorWatch's designation as a Lloyd’s of London cover holder and what this means for the future of insured Bitcoin storage. Listen to this episode on your favorite platform🎧 YouTube: https://hubs.li/Q02ZZ7_m0 Spotify: https://hubs.li/Q02ZY_N80 Apple Podcasts: https://hubs.li/Q02ZYWGm0

Need to catch up on the latest? Here's what Galaxy Research is covering this week: 🌪️ Court Rules in Favor of Tornado Cash 🌪️ In a court case brought by users of Tornado Cash appealing a district court ruling against the smart contract platform, the U.S. 5th Circuit Court of Appeals ruled against the U.S. Treasury Department. 📃 President-Elect Trump Transition Team Signs Agreement to Begin Takeover from Biden Administration 📃 Trump’s team announced on Tuesday that it had signed the White House agreement, a key step in transferring control of the federal government to its incoming administration. 👷 Introducing BuilderNet on Ethereum 👷 On Tuesday, November 26, Flashbots Product Lead Shea Ketsdever unveiled a novel solution for decentralized block building on Ethereum called BuilderNet. Check out this week's edition of Weekly Top Stories to get our take, and don't forget to subscribe ⤵️

In this week's Trading Take, Beimnet Abebe from Galaxy Trading joins Alex Thorn to provide insights on the recent Bitcoin market correction. Last week, Bitcoin approached the $100K mark but experienced a significant pullback to $91.5K. Beimnet discusses this healthy market correction, driven by overly stretched market positioning and the digestion of recent positive news, including ETF launches and Trump administration policies. He also explores how these fluctuations align with broader economic indicators and future expectations. Dive into a detailed analysis of market responses, institutional behaviors, and Bitcoin’s resilience as it flirts with record highs. 🎥 Understanding Bitcoin's Recent Correction & What Comes Next: https://hubs.li/Q02ZSlzm0

⭐ Celebrating Progress and Purpose ⭐ At Galaxy, we believe in creating spaces for connection, learning, and leadership. Last month, our Women at Galaxy Employee Resource Group hosted the third annual Women in Crypto event at our New York HQ. For the first time, we welcomed external clients and counterparties to join the conversation, making it a truly collaborative platform. From panelists like Christine Kim, Grace Chao, and Jessica Jonas, attendees heard inspiring insights on mentorship, representation, and the evolving role of women in crypto. These conversations underscore the importance of representation and the value of diverse perspectives in shaping digital assets responsibly. Read our latest feature to learn more about the event and its impact: https://hubs.li/Q02ZJXs60 

On today's episode of the Infinite Jungle, I chat with Prysm developers "Potuz" and Terence Tsao about enshrined proposer builder separation, also called execution payload block separation (ePBS). ePBS is a fast developing series of code changes that will remove the need for validators to rely on trusted relays to earn additional MEV block rewards. ePBS also has other benefits including improved node bandwidth and CPU usage. Terence and Potuz are working to build consensus in the Ethereum community for including ePBS in the next network-wide upgrade after Pectra, which is called Fusaka. To learn more about ePBS, its benefits, risks, and readiness for implementation, listen to the full Infinite Jungle episode linked below. Also, as a PSA for my podcast listeners, please note the show will be going on another one week hiatus in observance of the American Thanksgiving holiday. I'll be back with new episodes starting the second week of December, Tuesday December 10th! Happy Thanksgiving to all who observe! Apple Podcasts: https://lnkd.in/es6jQkDS Spotify: https://lnkd.in/efPSi8rb YouTube: https://lnkd.in/eFFd4UJ2

In case you missed it... When we published our Digital Asset Investable Universe report in September, the total market cap of digital assets stood at $2.3 trillion. Fast forward to today, and that figure has grown to $3.4 trillion. The rapid growth of this asset class underscores its transformative potential within the global financial system. From Bitcoin and Ethereum to equities, ETFs, and startups, digital assets are redefining value and ownership. Our report offers a roadmap for navigating this dynamic landscape, highlighting key opportunities and entry points for investors. Don’t get left behind—download the report and explore the future of finance: https://hubs.li/Q02ZHbfG0

The Future of Bitcoin Layer 2s Bitcoin Layer 2 (L2) solutions are transforming BTC’s utility, unlocking DeFi, staking, and payments—all within the Bitcoin ecosystem. Key Stats: ▪️L2 projects have grown 7x since 2021, with $447M in funding since 2018. ▪️By 2030, $47B of BTC could flow into L2s, driving Bitcoin-native innovation. Explore how L2s are scaling Bitcoin beyond "digital gold" in our latest report by Galaxy Research Analyst Gabe Parker ⬇️

The Infinite Jungle show is back! On today's episode, I share my main takeaways from the bi-annual Ethereum developer conference, Devcon. Despite the high number of technical innovations and announcements presented at Devcon 7, none were able to offer the community clarity about Ethereum’s long-term value and narrative. More than the technical announcements, the ideas presented at Devcon about how to build Ethereum and build on Ethereum in a way that promotes values of decentralization and credible neutrality inspired the minds and hearts of Devcon attendees. More than any innovation, forthcoming upgrade, or development team in the Ethereum ecosystem, the most compelling North Star presented at the conference was a shared desire among attendees to build permissionless, transparent, and trust-minimized systems for the betterment of humanity. Listen to my full take on Devcon, the beam chain, native rollups and more on today's episode of the Infinite Jungle podcast: Apple: https://lnkd.in/gdGrPSBW Spotify: https://lnkd.in/giiUYZvK YouTube: https://lnkd.in/g7axxv9Z You can also read my takeaways from Devcon 2024 on galaxy.com: https://lnkd.in/gCYVY9jM

In our latest Trading Take, Beimnet Abebe from Galaxy Trading returns to unpack the recent developments in financial markets following the U.S. election. Against the backdrop of a newly unified Congress and ongoing market euphoria, Bitcoin has soared to new all-time highs. Beimnet discusses the investor sentiment driving Bitcoin’s rise and Michael Saylor’s acquisition strategy. Beimnet and Alex Thorn also talk about the implications of President-elect Trump’s pro-crypto stance and expected regulatory shifts that might further fuel Bitcoin’s ascent. As the market eyes the $100,000 mark, this Trading Take offers a measured perspective on potential resistance points and the broader impact of geopolitical tensions on market dynamics. 🎥 Watch Bitcoin Soars, Markets Stir: What’s Next? https://hubs.li/Q02ZpXvb0