Crypto Research, Digital Assets, and Markets by Alex Thorn
Alex Thorn is Head of Firmwide Research at Galaxy Digital, overseeing a team analyzing cryptocurrency markets, tech developments, and institutional flows.([turn0search13], [turn0search18]) Previous positions include Director of Blockchain Research and co-manager of Avon Ventures, the early-stage crypto venture fund affiliated with Fidelity.([turn0search13]) Prior contributions span legal, compliance, and venture investing roles across a decade at Fidelity Investments.
Public commentary includes regular Galaxy Research pieces, weekly Galaxy Brains podcast with rap intro sequences, and video/TV appearances on platforms like Bankless and Al Jazeera.([turn0search23]) Podcast downloads regularly number in the thousands per episode across Apple, Spotify, and YouTube. Annual compensation—combining research leadership, media activity, and advisory—is estimated in the low seven-figure USD range. With deep institutional research experience and public-facing presence, Thorn stands out across both strategy and culture within crypto media.
Alex Thorn: Casascius coin dashboard by w_s_bitcoin highlighted for crypto enthusiasts
Alex Thorn draws attention to a casascius coin dashboard created by w_s_bitcoin, describing it as incredible and worth checking out. The tweet highlights the dashboard as a notable tool for those ...
BTCUSD value shown in real versus nominal dollars, Alex Thorn notes
Alex Thorn draws attention to the comparison of BTCUSD in real 2010 dollar terms versus nominal terms on a linear y-axis scale. The tweet demonstrates how viewing Bitcoin's price history in ...
Alex Thorn: Bitcoin can be stored for over 15 years without intermediary interference
Alex Thorn highlights that individuals can store their bitcoin for more than 15 years without any need to move or access the assets during that period. He emphasizes that, even after such an ...
Bitcoin markets, AI, and DeFi discussed, Alex Thorn notes
Alex Thorn interviewed Binance founder Changpeng Zhao, who spoke about bitcoin markets, artificial intelligence, perpetual contracts, prediction markets, decentralized finance, and regulatory ...
Alex Thorn: Binance founder is now world’s 26th-wealthiest person with $85 billion
Alex Thorn highlights the trajectory of Binance founder Changpeng Zhao, who established the world’s largest crypto exchange and declined a bailout request from Sam Bankman-Fried. According to ...
Trade-throughs a 1-2% issue with $321 million harm, Alex Thorn notes
Alex Thorn highlights the findings of a Securities and Exchange Commission study indicating that trade-throughs represented only a 1-2% occurrence when measured against displayed size, resulting ...
Alex Thorn: Weekly onchain bitcoin PnL exceeds $1 million per move
Alex Thorn shares data highlighting the weekly aggregate profit and loss (PnL) for all onchain bitcoin movements greater than $1 million in value, tracked from inception to the present. This ...
Net onchain BTC sales by old coins exceed ETF inflows and Strategy buys, Alex Thorn notes
Alex Thorn highlights that since January 2024, sales of 5+ year dormant BTC coins onchain have exceeded the combined inflows into ETFs and Strategy (MSTR) purchases every month except February ...
Alex Thorn: 2011 coins from New York lost-and-found case now moving onchain
Alex Thorn reports that more coins from 2011—originally believed to be lost in the 'noah doe' lost-and-found case in New York state—are now becoming active and moving onchain. This activity ...
Old coins from property case were retained, Alex Thorn notes
Alex Thorn comments on a case involving very old coins that were reportedly served by an individual named Noah Doe in an abandoned property matter. Thorn points out that, despite initial ...
Alex Thorn: Satoshi era coins moved but not linked to Satoshi
Alex Thorn reports that coins dating back to the Satoshi era were moved earlier today. However, these coins are not believed to be associated with ...
Crypto seizures show cyber vulnerability, Alex Thorn argues
Alex Thorn asserts that by 2025, investors are more discerning and do not fall for misleading narratives regarding crypto asset seizures. Thorn emphasizes that when the U.S. government seizes ...
Alex Thorn: Institutional and Strategy bids for bitcoin are fading together
Alex Thorn observes that both traditional finance demand for bitcoin via ETFs and interest from Strategy appear to be waning simultaneously. He suggests that this decline from two major sources ...
Three parties target $293B Satoshi BTC in court, Alex Thorn reveals
Alex Thorn reports that three anonymous parties are seeking a New York court order to gain control of approximately 3.8 million BTC, valued at around $293 billion. The group claims ownership of ...
Alex Thorn: Discusses bitcoin, clarity act, and tokenized securities on Bloomberg TV
Alex Thorn appeared on Bloomberg TV earlier today to discuss bitcoin, the clarity act, and tokenized securities. He commented on the unique circumstances that brought him to the studio, noting ...
Interactive bubble map aids crypto understanding, Alex Thorn notes
Alex Thorn highlights an interactive bubble map on clarity in the crypto sector. The resource was created by @NYcryptolawyer and the team at ...
Alex Thorn: Bitcoiners express differing views on spam filters and quantum mitigation
Alex Thorn comments that while developers generally are not split on spam filters, some members of the Bitcoin community do have divided opinions on the matter. He also shared that he recently ...
Financial products compared to lottery tickets could lose appeal, Alex Thorn notes
Alex Thorn, industry influencer, commented on current market trends, expressing little enthusiasm for financial products that promise momentary riches similar to lottery tickets. He suggested ...
Alex Thorn: Banks face criticism for differing crypto stances in U.S. and New York
Alex Thorn, industry influencer, raises concerns about banks taking a resistant approach to crypto in Washington, D.C. while simultaneously embracing cryptocurrencies in New York. He points to ...
Discussion explores crypto insights at Bitcoin conference, Alex Thorn notes
Alex Thorn, industry influencer, highlighted a recent discussion featuring several participants at the Bitcoin conference last week. The conversation involved speakers including John, James, an ...
Alex Thorn: Language now prohibits reward payments on third party crypto platforms
Alex Thorn, industry influencer, highlights updates in regulations impacting crypto platforms. New language extends the prohibition on reward payments beyond issuers to include third party ...
