Latest news with #GalaxyDigital
Yahoo
5 days ago
- Business
- Yahoo
Mike Novogratz on a Shadow Fed, Markets, Stablecoin Bill
Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd., says the idea of President Donald Trump nominating a shadow Federal Reserve Chair would be "not wise" and "very bad for the country." He also discusses the potential impact of a large interest rate cut and the market implications of the US getting involved in the Israel-Iran conflict, and what the passage of the stablecoin bill means to his firm and the crypto market.
Yahoo
5 days ago
- Business
- Yahoo
Novogratz Sees Stablecoin Bill Bringing TradFi to Crypto
Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd., expects to see tokenized equities "for crypto and non-crypto" as he discusses what the passage of landmark stablecoin legislation means for his firm and the cryptocurrency market.
Bloomberg
5 days ago
- Business
- Bloomberg
Mike Novogratz on a Shadow Fed, Markets, Stablecoin Bill
Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd., says the idea of President Donald Trump nominating a shadow Federal Reserve Chair would be 'not wise' and 'very bad for the country.' He also discusses the potential impact of a large interest rate cut and the market implications of the US getting involved in the Israel-Iran conflict, and what the passage of the stablecoin bill means to his firm and the crypto market. (Source: Bloomberg)
Yahoo
7 days ago
- Business
- Yahoo
Jim Cramer Says 'Young Investors Can't Get Enough' of Galaxy Digital's Offerings
Galaxy Digital (NASDAQ:GLXY) is one of the 18 stocks Jim Cramer recently shared insights on. During the episode, Cramer had several positive things to say about the company's CEO, as he commented: 'But what they're really interested in are stocks that don't get coverage, even if they trade millions and millions of shares every day. Look at the volumes of these things. We all ought to be talking about them constantly, stocks like… Galaxy Digital… [It] is run by Mike Novogratz. Here's a company that specializes in all this stuff that young investors can't get enough of, digital assets, cryptocurrencies, blockchains. Michael pops up on Squawk Box. He's incredibly articulate, as you'd expect from a former partner of both Goldman Sachs and Fortress Investment Group. He's basically a good guy. A trader intently studying a computer monitor displaying various stock charts and statistics. Galaxy Digital (NASDAQ:GLXY) provides financial services that focus on digital assets, including trading, lending, and advisory solutions tailored for institutions and individuals. The company also develops and manages technology infrastructure for blockchain applications, including mining, custody, and Web3-focused investment platforms. While we acknowledge the potential of GLXY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Associated Press
16-06-2025
- Business
- Associated Press
PAIRMiner Reports Surge in User Growth and Platform Activity Amid Bitcoin Market Rally
LOS ANGELES, June 15, 2025 (GLOBE NEWSWIRE) -- Cloud mining service provider PAIRMiner today announced a notable increase in platform engagement and new user registrations, aligning with the continued growth of the global cryptocurrency market. The update comes as Bitcoin prices surge above $106000, prompting renewed interest in mining and digital asset accumulation from both retail and institutional audiences. Industry analysts from firms such as Galaxy Digital and Fundstrat have recently raised their 2025 Bitcoin forecasts to as high as $150,000, citing constrained supply, ETF inflows, and rising institutional interest. PAIRMiner reports that interest in cloud mining has grown in tandem, especially from users seeking low-barrier entry points to participate in blockchain-based income streams. 'As market activity increases, users are looking for ways to engage with crypto that are secure, simple, and don't require major technical expertise,' said a spokesperson for PAIRMiner. 'We're proud to offer a platform that supports this transition, helping users get started with mining through an intuitive interface and flexible contract options.' PAIRMiner's platform allows users to mine Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) without owning physical hardware. New users who register at currently receive $150 in cloud computing power as part of an ongoing incentive program. The platform's built-in AI optimization tool assists in resource allocation to maximize mining efficiency. Getting Started with PAIRMiner: Examples of potential earnings based on contract price and duration. Platform Highlights: PAIRMiner emphasizes ease of use for newcomers while providing contract scalability for experienced miners. With a growing global user base and continued updates to its backend systems, the platform is positioning itself to meet demand in what could be one of the strongest bull markets in recent years. About PAIRMiner Founded in 2018, PAIRMiner is a global cloud mining platform offering secure, hardware-free mining services for Bitcoin and other digital assets. With regulatory oversight and a focus on accessibility, PAIRMiner is committed to making crypto mining achievable for users at all levels. Media Contact: Heindrova PAIRMiner [email protected] A photo accompanying this announcement is available at
