{"id":51399,"date":"2025-10-07T00:32:47","date_gmt":"2025-10-07T00:32:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51399"},"modified":"2025-10-07T00:32:47","modified_gmt":"2025-10-07T00:32:47","slug":"is-mike-novogratz-set-to-kill-robinhood-galaxy-stocks-explode-as-rival-app-launches","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51399","title":{"rendered":"Is Mike Novogratz Set to Kill Robinhood? Galaxy Stocks Explode As Rival App Launches"},"content":{"rendered":"<div>\n<p>Is Mike Novogratz set to kill Robinhood market dominance? Galaxy stock price pumps high as Novogratz reveals new Robinhood rival app.<\/p>\n<p><span style=\"font-weight: 400\">Galaxy Digital launched a retail trading app that combines cash yields, crypto access, and commission-free stock trading, sending its shares higher and putting the firm in direct competition with Robinhood.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Mike Novogratz\u2019s company <\/span><a class=\"general-link\" href=\"https:\/\/www.prnewswire.com\/news-releases\/galaxy-launches-galaxyone-bringing-institutional-quality-financial-offerings-to-individual-investors-302575542.html\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">announced<\/span><\/a><span style=\"font-weight: 400\"> GalaxyOne, a US platform offering 4% annual yield on cash accounts, crypto trading, and fee-free access to over 2,000 US stocks and ETFs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The transition signals Galaxy changing its institutional crypto services to consumer finance.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2><b>Mike Novogratz Big Play: How Does GalaxyOne Combine Traditional Finance With Crypto?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">GalaxyOne has four products in its financial platform. GalaxyOne Cash offers a 4.00% APY provided by Cross River Bank.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Galaxy Premium Yield focuses on accredited investors, resulting in an 8.00% yield and a minimum investment of $25000.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">GalaxyOne Crypto allows trading Bitcoin, Ethereum, and Solana through Paxos.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">And finally, DriveWealth also offers broker-free trading of stocks and ETFs with GalaxyOne Brokerage, with access to IRA and fractional shares.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The interest that users receive can be invested directly in crypto, linking the savings that people have accumulated in the past to the technology.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The new application is based on Galaxy\u2019s acquisition of Fierce in 2024, which will result in the migration of its 2,500 customers to the platform.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Novogratz explained that GalaxyOne targets more mature investors, which is a reference to a different audience compared to Robinhood, which has a younger demographic.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe\u2019ve spent years building institutional-grade infrastructure; now we\u2019re extending that edge to individuals,\u201d Novogratz said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Listed on Nasdaq as GLXY since May, Galaxy\u2019s shares rose after the announcement, while Robinhood\u2019s stock traded mixed.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-292227\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553.png\" alt=\"\" width=\"1600\" height=\"1029\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553.png 1600w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553-300x193.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553-1024x659.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553-768x494.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553-1536x988.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215627.553-50x32.png 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-GLXY\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Source: TradingView<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">By merging yields, crypto, and equities under one roof alongside trusted partners like Cross River, Paxos, and DriveWealth, Galaxy is positioning itself as a full-service alternative to single-category brokers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The launch deepens competition in US retail finance and will test whether a crypto-native firm can win market share from traditional trading apps.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2><b>GLXY Price Prediction: Is Galaxy Digital (GLXY) Breaking Out Toward the $50-$60 Zone?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">According to a <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/cantonmeow\/status\/1975202199245672668\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">crypto analyst<\/span><\/a><span style=\"font-weight: 400\">, Galaxy Digital stock (GLXY) has been on the rise since it broke the major Gann horizontal resistance in the weekly chart.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This was a major technical breakout as the price shot up over 7% this week to approximately $38.83.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The shift is a part of an overall bullish trend that has been occurring since the middle of 2023, with increasing lows and accumulation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The chart structure indicates that GLXY has regained several curved Gann arcs, which implies that the consolidation stage is over and the continuation stage is being experienced.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-292228\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369.jpg\" alt=\"\" width=\"1600\" height=\"830\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369.jpg 1600w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369-300x156.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369-1024x531.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369-768x398.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369-1536x797.jpg 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-06T215810.369-50x26.jpg 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a href=\"https:\/\/x.com\/cantonmeow\/status\/1975202199245672668\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">Source: X<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The presence of volume expansion and good candle patterns indicates reasonable control of buyers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Analysts now view $32 as a critical support, with the path of least resistance pointing toward $50-$60, where the next geometric intersection lies.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If momentum sustains, Galaxy Digital could retest its 2021 highs in the coming months, a sign that investor confidence in its crypto-linked exposure is returning alongside the broader digital asset recovery.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/is-mike-novogratz-set-to-kill-robinhood-galaxy-stocks-explode-as-rival-app-launches\/\">Is Mike Novogratz Set to Kill Robinhood? Galaxy Stocks Explode As Rival App Launches<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is Mike Novogratz set to kill Robinhood market dominance? Galaxy stock price pumps high as Novogratz reveals new Robinhood rival app. Galaxy Digital launched a retail trading app that combines cash yields, crypto access, and commission-free stock trading, sending its shares higher and putting the firm in direct competition with Robinhood. Mike Novogratz\u2019s company announced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51399","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51399"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51399\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}