{"podcast":{"title":"Galaxy Brains","slug":"galaxy-brains-5335962","podcast_index_feed_id":5335962,"rss_url":"https://feeds.megaphone.fm/galaxybrains","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/21b47dd8-ba76-11ec-bc26-077ea1b2aaae/image/f2556efcb762e71af9411af00bbbe988.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Galaxy Digital","episode_count":228,"summary":"Welcome to Galaxy Brains, hosted by Alex Thorn, Head of Research at Galaxy. Our weekly podcast provides insights and analysis on trends and events across the cryptocurrency ecosystem. Each week Alex will be joined by members of the research team to discuss the latest developments on all things crypto and blockchain technology.","last_synced_at":"2026-06-12T04:17:57.301124+00:00","page_url":"https://stenobird.com/podcast/galaxy-brains-5335962"},"episode":{"title":"Comparing Today to Bear Markets of the Past with Dan Matuszewski","slug":"comparing-today-to-bear-markets-of-the-past-with-dan-matuszewski","published_at":"2026-03-05T11:00:00+00:00","page_url":"https://stenobird.com/podcast/galaxy-brains-5335962/comparing-today-to-bear-markets-of-the-past-with-dan-matuszewski","show_page_url":"https://stenobird.com/podcast/galaxy-brains-5335962","url":"https://traffic.megaphone.fm/GD3909137841.mp3?updated=1773324075","audio_url":"https://traffic.megaphone.fm/GD3909137841.mp3?updated=1773324075","summary":"Alex Thorn talks with Dan Matuszewski (CMS Holdings) about the state of the market, how it compares to prior Bitcoin bear markets, prediction markets, perps, policy, and more. Alex also talks to Beimnet Abebe (Galaxy Trading) about geopolitics, market impacts, and why he’s near-term bullish on BTC. Participants, along with Galaxy, hold a financial interest in Bitcoin (BTC). Galaxy regularly engages in buying and selling BTC, including hedging transactions, for its own proprietary accounts and on behalf of its counterparties. Galaxy also provides services to vehicles that invest in BTC. If the value of such assets increases, those vehicles may benefit, and Galaxy’s service fees may increase accordingly. The valuation in this communication is based on technical, fundamental, and market analysis and not on any formal valuation method. For more information, please refer to Galaxy’s public filings and statements. Cryptocurrencies, including BTC, are inherently volatile and risky and ultimate market movements may not align with this statement.For additional risks related to digital assets, please refer to the risk factors contained in filings Galaxy Digital Inc. makes with the Securities and Exchange Commission (the “SEC”) from time to time, including in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 10, 2025, available at ⁠www.sec.gov⁠. This episode was recorded on Wednesday, March 4, 2026. ++ Follow us on Twitter, @glxyresearch, and read our research at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.galaxy.com/research/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) so…","meta_description":"Alex Thorn talks with Dan Matuszewski (CMS Holdings) about the state of the market, how it compares to prior Bitcoin bear markets, prediction markets, per…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3682,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/galaxy-brains-5335962/episodes/comparing-today-to-bear-markets-of-the-past-with-dan-matuszewski/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/galaxy-brains-5335962/comparing-today-to-bear-markets-of-the-past-with-dan-matuszewski.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}