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#Galaxy Research

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Bitcoin Mined for Pennies in 2010 Moves After 16 Years, Now Worth $8.5 Million
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Bitcoin Mined for Pennies in 2010 Moves After 16 Years, Now Worth $8.5 Million

Key Highlights A dormant stash of approximately 100 bitcoin mined in July 2010 moved for the first time in nearly 16 years. While the wallet address had executed other transactions between 2011 and 2018, the specific 100.02 BTC UTXO remained untouched until Wednesday. Blockchain records do not confirm a sale, and the transfer remains significantly ...

Galaxy Research Finds 7 in 10 Polymarket Retail Traders Lost Money
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Galaxy Research Finds 7 in 10 Polymarket Retail Traders Lost Money

Key Highlights: A Galaxy study reveals that generalists on Polymarket slightly outperform topic specialists, with tech and science traders yielding the highest profitability rates while sports specialists recorded the lowest. Profitable prediction market accounts typically exhibit higher trade frequencies and larger position sizes, though risk is adjusted downward after both wins and losses. Polymarket faces ...

Dormant 15-Year-Old Bitcoin Wallet Suddenly Awakens
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Dormant 15-Year-Old Bitcoin Wallet Suddenly Awakens

Key Highlights: Two ancient Bitcoin output groups totaling 20.43 BTC generated an estimated $1.724 million gain. Galaxy Research estimated historical acquisition costs of about $4 per coin for 10.33 BTC and roughly $3 per coin for another 10.10 BTC. September saw a series of long-dormant Bitcoin wallets move funds, including 600 BTC mined in March ...

Bitcoin Clears Key Hurdle That Historically Preceded Major Bull Runs
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Bitcoin Clears Key Hurdle That Historically Preceded Major Bull Runs

Key Highlights Bitcoin closed the week ended September 20 above its 50-week moving average for the first time in 45 weeks, signaling a potential trend reversal. The cryptocurrency gained nearly 6% during the week, trading around $81,000 and extending its rebound to 29% over the past 35 days. Galaxy Research Head Alex Thorn described the ...

Post-Satoshi Bitcoin Wallet Activates After 2,486,052% Gains
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Post-Satoshi Bitcoin Wallet Activates After 2,486,052% Gains

Key Highlights A dormant Bitcoin wallet containing 100 BTC ($8.09 million) has been activated after 14.9 years, with the coins moved in block 967732 on September 19, 2026. The wallet address (1Mj5R3kbScUeccyiNKJnAMk6vhHppzsEq8) is attributed to “Noah Doe #3113” by Galaxy Research, linking it to a New York Supreme Court lawsuit seeking quiet title to over ...

Crypto VC funding hits $5.68B in Q2, Galaxy says
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Crypto VC funding hits $5.68B in Q2, Galaxy says

Venture investment in crypto and blockchain companies surged 31% in the second quarter of 2026 compared to the first quarter, while deal volume rose 10%, according to a September 16 report from Galaxy Research. The rebound pushed total first-half investment to $10.018 billion across 744 deals, putting the industry on pace for roughly $20.037 billion ...