The crypto venture capital landscape experienced a dramatic resurgence in the final quarter of 2025, with investment soaring to $8.5 billion across 425 deals. According to a report from Galaxy Digital authored by Alex Thorn, Head of Firmwide Research, this represents an 84% surge in capital deployed and a 2.6% increase in deal count from the previous quarter, marking the sector’s strongest quarterly performance since mid-2022. The recovery was overwhelmingly driven by massive late-stage funding rounds, signaling renewed institutional confidence and a maturing market.
about Crypto VC Surges 84% in Q4 2025 with $8.5B InvestmentAlex Thorn
3 posts last weekBitcoin’s 15% Crash Triggers Capitulation Signals, ETF Volatility
Bitcoin plunged over 15% on Thursday in one of its most severe single-day declines, triggering a cascade of capitulation signals across derivatives, spot markets, and the U.S. Bitcoin ETF complex. The $10,800 drop was marked by extreme volatility spikes, record trading volumes, and momentum indicators collapsing to historic oversold levels, prompting analysts to declare a “capitulation watch” and draw parallels to past crisis events like the FTX collapse and March 2020 crash.
about Bitcoin's 15% Crash Triggers Capitulation Signals, ETF VolatilityQuantum Threat Drives $9B Bitcoin Exodus, BMIC Offers Crypto Solution
A massive $9 billion Bitcoin transfer has ignited speculation about early institutional de-risking from quantum computing threats. The ‘Harvest Now, Decrypt Later’ strategy poses an existential risk to current blockchain cryptography. As anxiety grows, BMIC emerges as a complete financial stack secured by post-quantum cryptography, offering a potential safe harbor in a shifting cryptographic landscape.
about Quantum Threat Drives $9B Bitcoin Exodus, BMIC Offers Crypto SolutionBitcoin Rebounds as U.S. Avoids Shutdown, Highlighting Political Risk
Bitcoin’s sharp drop and rapid recovery this week underscored how closely cryptocurrency prices still track U.S. political uncertainty. The sell-off came as lawmakers debated a stopgap funding bill, triggering liquidations before a rebound followed the bill’s passage. This episode reveals that macroeconomic and political developments remain key drivers of crypto market volatility, even in the absence of blockchain-specific news.
about Bitcoin Rebounds as U.S. Avoids Shutdown, Highlighting Political RiskBitcoin Plunges Below $73K, Analysts Warn of Prolonged Bear Market
Bitcoin tumbled to its lowest level since November 2024 on Tuesday, breaching the critical $73,000 support level and triggering a broad-based cryptocurrency sell-off. The leading digital asset’s sharp decline, part of a 15% weekly drop, has analysts warning that bear-market conditions may persist for weeks or even months, with Ethereum and XRP suffering even steeper losses. This downturn reflects a profound erosion of trader confidence and a significant shift in market structure toward bearish positioning.
about Bitcoin Plunges Below $73K, Analysts Warn of Prolonged Bear MarketBitcoin Plunges 15% Amid Market-Wide Sell-Off, Gold Surges
Bitcoin has extended its weekly slide, falling more than 15% to hit a 15-month low amid a broad market sell-off. The decline coincides with tumbling tech stocks, a U.S. government shutdown, and a surprising surge in gold prices. Analysts warn the downturn could worsen as Bitcoin faces structural weakness and a lack of near-term catalysts.
about Bitcoin Plunges 15% Amid Market-Wide Sell-Off, Gold SurgesBitcoin Risks Test of $58K Support as On-Chain Metrics Deteriorate
Bitcoin’s attempt to reclaim $78,000 has faltered as bearish momentum intensifies, with analysts warning of further downside risk. On-chain data reveals nearly half of circulating supply is underwater, while liquidation events have erased billions in long positions. The path forward appears challenging with weak catalysts and deteriorating technical indicators, pointing toward a potential test of key support levels in the high-$50,000s.
about Bitcoin Risks Test of $58K Support as On-Chain Metrics DeteriorateGalaxy Digital Questions XRP, Cardano Utility Amid Crypto Competition
In a market increasingly defined by selective capital flows, Galaxy Digital executives Mike Novogratz and Alex Thorn have cast a critical eye on the long-term viability of crypto assets that rely heavily on community loyalty over demonstrable utility. Their recent analysis, focusing on XRP and Cardano, frames a central challenge for the sector: as investors gain more sophisticated alternatives, from traditional tech ventures like SpaceX to other blockchains, projects must prove tangible use cases to survive. This scrutiny arrives as both Cardano and Ripple, the force behind XRP, launch significant initiatives aimed at answering that very question of real-world relevance.
about Galaxy Digital Questions XRP, Cardano Utility Amid Crypto CompetitionFidelity Strategist Warns Bitcoin Cycle May Have Peaked at $126K
Fidelity’s top markets strategist Jurrien Timmer has issued a sobering warning that Bitcoin’s October high of $126,000 could represent the peak of the current market cycle. Citing Bitcoin’s historical four-year rhythm tied to halving events, Timmer predicts 2026 will be a challenging down year, with key support expected between $65,000 and $75,000. This forecast emerges alongside other analyses suggesting heightened volatility and uncertainty for the coming year, even as long-term projections remain bullish.
about Fidelity Strategist Warns Bitcoin Cycle May Have Peaked at $126KRipple CEO Slams NYT Over ‘Crypto Hit Piece’ on SEC Enforcement
Ripple CEO Brad Garlinghouse has launched a scathing public critique of The New York Times, accusing the publication of publishing a biased and misleading report on cryptocurrency regulatory enforcement. His response targets a December 14 investigation suggesting the U.S. Securities and Exchange Commission (SEC) has eased its crackdown on crypto firms since Donald Trump’s return to office, which Garlinghouse labeled a ‘crypto hit piece’ that deliberately omits crucial legal context undermining the SEC’s previous approach.
about Ripple CEO Slams NYT Over 'Crypto Hit Piece' on SEC EnforcementInstitutional Bitcoin Investors Ignore Core vs Knots Debate
Institutional Bitcoin investors are largely indifferent to the ongoing technical debate between Bitcoin Core and Knots nodes, according to Galaxy Digital’s research head Alex Thorn. A recent poll of 25 institutional investors reveals minimal concern about the philosophical divide over Bitcoin’s transaction filtering. The findings suggest practical investment considerations outweigh technical governance debates among major market participants.
about Institutional Bitcoin Investors Ignore Core vs Knots DebateBitcoin Entering Mature Era, Says Galaxy Digital’s Thorn
Bitcoin is entering a more mature phase that will ultimately benefit the digital asset, according to Galaxy Digital’s head of research Alex Thorn. Despite recent attention shifting to other sectors, Thorn believes Bitcoin will reclaim its position as a key investment focus. The cryptocurrency expert notes that Bitcoin consistently cycles back into investor favor, suggesting the current consolidation period represents healthy market development rather than permanent disinterest.
about Bitcoin Entering Mature Era, Says Galaxy Digital's Thorn