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Bloomberg55d agoneutral
SEC Proposal to Scrap Decades-Old Stock Rule Has a Clear Winner: Crypto

(Bloomberg) -- A proposal by the top US securities regulator to eliminate a rule that mandates stock investors get the best possible prices for their transactions will benefit a new and growing corner of the financial market: crypto. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offe

Veteran investor reveals one way out of $40 trillion U.S. debt
TheStreet56d agoneutral
Veteran investor reveals one way out of $40 trillion U.S. debt

Mike Novogratz, the Galaxy Digital (NASDAQ: GLXY) founder and one of crypto's most prominent macro voices, says the United States has only one realistic path out of its roughly $40 trillion debt pile. Speaking with SkyBridge Capital's Anthony Scaramucci in an episode published June 13, ...

Is Galaxy Digital (GLXY) A Good Stock To Buy Now?
Insider Monkey57d agobullish
Is Galaxy Digital (GLXY) A Good Stock To Buy Now?

Is GLXY a good stock to buy? We came across a bullish thesis on Galaxy Digital on TradersPro’s Substack. In this article, we will summarize the bulls’ thesis on GLXY. Galaxy Digital’s share was trading at $33.36 as of June 12th. GLXY’s trailing and forward P/E were 47.25 and 666.67 respectively according to Yahoo Finance. Galaxy Digital […]

Stocks Soar on US-Iran Peace Agreement
Barchart57d agobullish
Stocks Soar on US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) today is up +1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.73%. June E-mini S&P futures (ESM26 ) are up +1.61%, and June E-mini Nasdaq futures...

Galaxy Digital Emerges As Key Player In Institutional Tokenized Asset Markets
Simply Wall St.59d agoneutral
Galaxy Digital Emerges As Key Player In Institutional Tokenized Asset Markets

Galaxy Digital (NasdaqGS:GLXY) is set to play a key role at the Institutional Tokenisation Summit in London, appearing alongside major global financial institutions. The company has publicly highlighted the US SEC's potential repeal of Rule 611 as a breakthrough for tokenized US equities and market structure. These developments put Galaxy Digital in the middle of discussions on how tokenized asset markets could be built for institutional investors. Galaxy Digital runs a diversified digital...

Jim Cramer on Galaxy Digital’s CEO: “Mike Is a Very Smart Guy”
Insider Monkey62d agoneutral
Jim Cramer on Galaxy Digital’s CEO: “Mike Is a Very Smart Guy”

Galaxy Digital (NASDAQ:GLXY) was among the stocks Jim Cramer discussed during Mad Money, as he highlighted a difficult backdrop for stocks. During the lightning round, a caller inquired about the stock, and in response, Cramer said: Okay, that’s Mike Novogratz. He’s a very solid guy. It would be a company that I would own if […]

Anthony Scaramucci Remains A 'Long-Term Believer' In Bitcoin, Sees BTC Recovering By Q4 2026 Or Q1 2027 Provided This Theory Remains Intact
Benzinga62d agoneutral
Anthony Scaramucci Remains A 'Long-Term Believer' In Bitcoin, Sees BTC Recovering By Q4 2026 Or Q1 2027 Provided This Theory Remains Intact

SkyBridge Capital founder Anthony Scaramucci said on Tuesday that Bitcoin (CRYPTO: BTC) appears to be following its typical four-year cycle and may be nearing a bottom. Scaramucci Thinks 4-Year Cycle Is Playing Out During a conversation with Galaxy Digital CEO Mike Novogratz, Scaramucci said that he remains a “long-term believer” in Bitcoin and believes the asset is following its four-year cycle of accumulation, a bull run and a subsequent bear market. Scaramucci described the situation as a “se

Galaxy Digital (NasdaqGS:GLXY) Valuation After Texas AI Data Center Plans And Helios Leasing Progress
Simply Wall St.62d agoneutral
Galaxy Digital (NasdaqGS:GLXY) Valuation After Texas AI Data Center Plans And Helios Leasing Progress

Galaxy Digital (GLXY) has become a focus for traders after CEO Mike Novogratz outlined plans for a 1.6 gigawatt Texas data center, described as the largest single campus in the U.S. with roughly half its capacity already leased. See our latest analysis for Galaxy Digital. The 1-day share price return of 7.11% and 7-day gain of 12.46% cap a strong run that includes a 52.28% 3-month share price return and a very large 3-year total shareholder return. This suggests momentum has been building as...

Popular tech stock surges after new data center announcement
TheStreet64d agobullish
Popular tech stock surges after new data center announcement

Shares of Galaxy Digital (NASDAQ: GLXY) surged higher on June 8 after CEO Mike Novogratz detailed the firm's AI data center plans over the weekend. Galaxy Digital is a diversified financial services and infrastructure firm founded by former Goldman Sachs partner Novogratz in 2018, listed on ...

Major U.S. financial bill sees odds slashed to 60%
TheStreet64d agoneutral
Major U.S. financial bill sees odds slashed to 60%

A key bill once seen as crypto's best chances for regulatory clarity is running into a new problem. Lawmakers, regulators and crypto firms broadly agree that the U.S. needs clearer rules for digital assets. But with Congress facing a shrinking legislative calendar, some are becoming less ...