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Galaxy Analyst Warns Bitcoin Could Drop to $63K Due to Ownership Gap
Galaxy Digital’s Head of Research, Alex Thorn, has issued a stark warning that Bitcoin could fall another 19% to the $63,000 level, citing a significant gap in onchain ownership between $82,000 and $70,000.
The warning comes as Bitcoin already trades over 38% below its October 6, 2025,
BTC-2,25%
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Cathie Wood Buys $24.8M in Crypto Stocks Amid Market Slump
Cathie Wood’s Ark Invest revealed on Monday that it stepped deeper into crypto-linked stock despite a broad slump in both cryptocurrency prices and exchange stocks.
The firm added roughly $24.8 million worth of positions despite the previous week being marked by falling volumes, declining
IN6,83%
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Trading Firm IG Completes Acquisition of Crypto Exchange Independent Reserve
Trading firm IG has completed its acquisition of Independent Reserve, one of Australia’s best-known cryptocurrency exchanges, cementing the broker’s expansion into digital assets across the Asia-Pacific region.
Key Takeaways:
IG completed its acquisition of Independent Reserve to expand its cry
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