Latest news with #Novogratz
Forbes
5 days ago
- Business
- Forbes
Bitcoin Is Suddenly On The Brink As Crypto Braces For A $50 Trillion Price Shock
Bitcoin has swung wildly this week, with a near-10% drop from its all-time high sparking fears the bubble has already begun to burst. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price, after almost doubling since this time last year, has seen its rally stall this despite U.S. president Donald Trump issuing a huge bitcoin price prediction. Now, as Elon Musk's SpaceX quietly moving bitcoin has set alarm bells ringing, analysts are betting the bitcoin price is on the brink of a major move. Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run Bitcoin has fallen sharply over the last 24 hours, raising fears of a price crash, even as insiders ... More issued huge bitcoin price predictions. 'Bitcoin deserves close attention. It has just swept the nearest liquidity zone around $115,700–116,100 and is now entering an important range—the first one from which a reversal and upward continuation could occur," analysts with crypto platform B2BInPay said in emailed comments. "If bitcoin breaks through its all-time high, it could open the path toward $127,700. The second scenario possible is that If a deeper correction occurs and bitcoin falls below $98,300, the next major support zone will be between $89,500 and $85,400. But it would require a sharp 17% decline to truly validate a bearish trend, which is too difficult in the current reality." The bitcoin price dip this week has been at least partially attributed to Galaxy Digital, the crypto financial services company led by billionaire Mike Novogratz, sending around 10,000 bitcoin worth $1.2 billion to exchanges, according to blockchain sleuths. Despite his company facilitating a potentially huge bitcoin sale, Novogratz remains bullish on bitcoin, predicting the price will continue to climb provided U.S. president Donald Trump keeps pushing for the Federal Reserve to lower interest rates. "We're in price discovery in a lot of these things, and $150,000 seems to me a decent target,' Novogratz told CNBC. Meanwhile, veteran crypto investor Dan Tapiero, the founder of crypto growth equity funds 10T and 1RoundTable Partners, has launched a new $500 million fund called 50T, consolidating the earlier funds and 5x-ing his previous crypto market prediction from $10 trillion over the next decade to $50 trillion. Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious The bitcoin price has soared over the last year, sparking a flurry of bullish bitcoin price ... More predictions. Tapiero puts the current crypto ecosystem value, including cryptocurrencies and the equity value of crypto companies, at $5 trillion already. "50T is a natural evolution from our original thesis in 2020 when we launched 10T with the belief that the digital asset ecosystem would grow from $300 billion to $10 trillion in 10 years," Tapiero said in a press release, pointing to Circle's public market debut and Coinbase's acquisition of derivatives exchange Deribit as validation of the thesis that "all value will eventually move on-chain" and that the market's growth has 'far exceed[ed] our initial timeline.' Tapiero's investments in Deribit, USDC-issuer Circle and trading platform eToro have all paid off recently. Tapiero also credited policy and regulatory improvements has likely to push the combined crypto market and crypto companies higher in the next few years, telling The Block there have been "significant changes in Washington DC."
Yahoo
14-06-2025
- Lifestyle
- Yahoo
Cozy sleeper sofas for your living room, guest room or home office
Fox News and its syndication partners may earn a commission if you buy through our referral links. This content was created by a team that works independently from the Fox newsroom. If you're short on space, sleeper sofas are a versatile addition to any home, offering comfy seating and a convenient solution for accommodating overnight guests. If you don't have a spare bedroom, no problem, because a sleeper sofa can transform any room into guest quarters. They come in various styles, including pull-out sofas, futons and sectionals, catering to different decor styles and budgets. If you're in the market for a sleeper sofa, it's essential to consider factors like room size, how often you think you'll use it and personal design preferences. You'll also want to ensure the mattress is comfortable enough for a good night's sleep. Here are 10 sleeper sofas to consider. Futons aren't just for college kids. This Novogratz Brittany futon combines a modern design with functionality and comes in several colors. The futon easily converts from a sofa to a bed, making it ideal for small spaces. Its foam cushioning provides firm support, ensuring comfort for both sitting and sleeping. The futon is more affordable than many other sleeper sofa options because it doesn't contain a mattress, so you may want to pick up a plush mattress topper to have on hand when you need to use it for sleeping. If you're an Amazon Prime member, you can get these items to your door ASAP. You can join or start a 30-day free trial to start your shopping today. Another stylish and modern futon choice, this Andora coil at Ashley Furniture features foam padding over independently encased coils for superior comfort and a split-back design. The tufted back and seat cushions add a touch of elegance, while the faux leather upholstery ensures durability and easy maintenance. If you have pets, it might not be a wise choice, as their nails could puncture the upholstery. You also might want to invest in some Leather Honey cleaner spray so that the white surface stays nice and bright! Another unique option is this Her Majesty daybed and pullout trundle bed at Mattress Firm, which strays from the traditional sleeper sofa but offers plenty of options for sitting and sleeping. 13 Picks For Creating The Perfect Summer Bedroom Read On The Fox News App This L-shaped polyester sectional from Jayden Creation at Home Depot offers a pull-out sleeper bed and the bonus of a chaise with hidden storage. It features square arms and overstuffed back cushions for added comfort. The sectional also comes in several color choices if you'd prefer something other than white. A similar style in a durable and soft corduroy is available at Walmart for about half the price. Williamspace's 104-inch sectional at Walmart gives you lots of bang for your buck with a pull-out sleeper bed, storage chaise and two stools, providing ample seating and sleeping space. The charcoal gray chenille upholstery adds a touch of sophistication and is easy to clean. You may want to add on this support board, which prevents the 'sagging' that can sometimes happen with pullout beds. This Serta Augustus sofa bed at Home Depot offers a queen-size sleeping area in a stylish couch design. The couch is encased in a solid wood frame and legs and the cushions provide high comfort foam that easily convert to a bed. If you prefer a more traditional option with an actual mattress, consider this American Furniture Classics style. This Altari sleeper from Ashley Furniture at Walmart has a minimalist design, plush cushions and two decorative throw pillows. Upholstered in polyester fabric, it seamlessly blends with various décor styles while the pull-out queen memory foam mattress provides a comfortable bed for overnight guests. While Walmart is a convenient shopping option, you can save a little by getting this directly through Ashley Furniture. 25 Comfy Mattresses That Can Help You Sleep Better This sectional sofa from Latitude Run at Wayfair offers a pullout sleeper bed in durable linen, but it's not just a place to sit or sleep. Lift the seat and uncover spacious, hidden storage space, perfect for stashing blankets, throw pillows and other essentials. Its flexible design allows you to swap the storage seat and pull out bed to fit any room layout. Another option by Mercer41, offers hidden storage, built-in cup holders and USB ports for charging phones and other devices. This Serta Princeton sofa bed is a budget-friendly option that doesn't compromise on comfort. It pulls out to the size of a full size mattress so you can rest easy on its plush cushions. The darker chenille upholstery is perfect for high traffic areas. If you like the chenille fabric and space-saving element of the Serta, also consider this Latitude Run compressed version which tucks into a corner and sits flush with the floor. This multifunctional Homefun piece at Home Depot is designed for contemporary living spaces. Besides its pull-out bed and chaise with storage, it includes a hidden table under the side armrest, providing convenient spaces to store essentials and keep the living area organized. Its compact design makes it suitable for small apartments or rooms where space is at a premium. If you want to protect the soft chenille from pets or kids, then you might considering picking up this stylish couch cover at Amazon. For more deals, visit This 55-inch convertible sofa bed is upholstered in soft velvet and has an adjustable backrest that allows for multiple reclining positions. Its 3-in-1 features (it goes from a chair to a bed to a recliner!), pillow-top like softness, hidden computer table and included pillows make it a great value for its price! Consider a mattress topper to protect it from overnight accidents or article source: Cozy sleeper sofas for your living room, guest room or home office
Fox News
14-06-2025
- Lifestyle
- Fox News
Cozy sleeper sofas for your living room, guest room or home office
If you're short on space, sleeper sofas are a versatile addition to any home, offering comfy seating and a convenient solution for accommodating overnight guests. If you don't have a spare bedroom, no problem, because a sleeper sofa can transform any room into guest quarters. They come in various styles, including pull-out sofas, futons and sectionals, catering to different decor styles and budgets. If you're in the market for a sleeper sofa, it's essential to consider factors like room size, how often you think you'll use it and personal design preferences. You'll also want to ensure the mattress is comfortable enough for a good night's sleep. Here are 10 sleeper sofas to consider. Futons aren't just for college kids. This Novogratz Brittany futon combines a modern design with functionality and comes in several colors. The futon easily converts from a sofa to a bed, making it ideal for small spaces. Its foam cushioning provides firm support, ensuring comfort for both sitting and sleeping. The futon is more affordable than many other sleeper sofa options because it doesn't contain a mattress, so you may want to pick up a plush mattress topper to have on hand when you need to use it for sleeping. If you're an Amazon Prime member, you can get these items to your door ASAP. You can join or start a 30-day free trial to start your shopping today. Another stylish and modern futon choice, this Andora coil at Ashley Furniture features foam padding over independently encased coils for superior comfort and a split-back design. The tufted back and seat cushions add a touch of elegance, while the faux leather upholstery ensures durability and easy maintenance. If you have pets, it might not be a wise choice, as their nails could puncture the upholstery. You also might want to invest in some Leather Honey cleaner spray so that the white surface stays nice and bright! Another unique option is this Her Majesty daybed and pullout trundle bed at Mattress Firm, which strays from the traditional sleeper sofa but offers plenty of options for sitting and sleeping. This L-shaped polyester sectional from Jayden Creation at Home Depot offers a pull-out sleeper bed and the bonus of a chaise with hidden storage. It features square arms and overstuffed back cushions for added comfort. The sectional also comes in several color choices if you'd prefer something other than white. A similar style in a durable and soft corduroy is available at Walmart for about half the price. Williamspace's 104-inch sectional at Walmart gives you lots of bang for your buck with a pull-out sleeper bed, storage chaise and two stools, providing ample seating and sleeping space. The charcoal gray chenille upholstery adds a touch of sophistication and is easy to clean. You may want to add on this support board, which prevents the 'sagging' that can sometimes happen with pullout beds. This Serta Augustus sofa bed at Home Depot offers a queen-size sleeping area in a stylish couch design. The couch is encased in a solid wood frame and legs and the cushions provide high comfort foam that easily convert to a bed. If you prefer a more traditional option with an actual mattress, consider this American Furniture Classics style. This Altari sleeper from Ashley Furniture at Walmart has a minimalist design, plush cushions and two decorative throw pillows. Upholstered in polyester fabric, it seamlessly blends with various décor styles while the pull-out queen memory foam mattress provides a comfortable bed for overnight guests. While Walmart is a convenient shopping option, you can save a little by getting this directly through Ashley Furniture. This sectional sofa from Latitude Run at Wayfair offers a pullout sleeper bed in durable linen, but it's not just a place to sit or sleep. Lift the seat and uncover spacious, hidden storage space, perfect for stashing blankets, throw pillows and other essentials. Its flexible design allows you to swap the storage seat and pull out bed to fit any room layout. Another option by Mercer41, offers hidden storage, built-in cup holders and USB ports for charging phones and other devices. This Serta Princeton sofa bed is a budget-friendly option that doesn't compromise on comfort. It pulls out to the size of a full size mattress so you can rest easy on its plush cushions. The darker chenille upholstery is perfect for high traffic areas. If you like the chenille fabric and space-saving element of the Serta, also consider this Latitude Run compressed version which tucks into a corner and sits flush with the floor. This multifunctional Homefun piece at Home Depot is designed for contemporary living spaces. Besides its pull-out bed and chaise with storage, it includes a hidden table under the side armrest, providing convenient spaces to store essentials and keep the living area organized. Its compact design makes it suitable for small apartments or rooms where space is at a premium. If you want to protect the soft chenille from pets or kids, then you might considering picking up this stylish couch cover at Amazon. For more deals, visit This 55-inch convertible sofa bed is upholstered in soft velvet and has an adjustable backrest that allows for multiple reclining positions. Its 3-in-1 features (it goes from a chair to a bed to a recliner!), pillow-top like softness, hidden computer table and included pillows make it a great value for its price! Consider a mattress topper to protect it from overnight accidents or spills.
Yahoo
22-05-2025
- Business
- Yahoo
Billionaire CEO claims Trump's policy unleashes ‘animal spirits'
Mike Novogratz, the CEO of Galaxy Digital, states that the economic turmoil in the U.S. and crypto's acceptance by the Trump administration continue to create a significant tailwind for Bitcoin and digital assets. When speaking to Bloomberg about the current state of crypto regulations, Novogratz also shed light on the stifling role of the SEC under Gary Gensler. The SEC Marketplace Rules for Nasdaq listings require listing firms to follow corporate governance rules 4350, 4351, and 4360. According to Novogratz, getting approval from the SEC took over 300 days. He called it "un-American". Galaxy Digital Holdings Ltd. (TSX: GLXY) finally became listed on the Nasdaq Global Select Market on May 16. According to Novogratz, transitioning from regulatory hostility under ex-SEC chair Gary Gensler to a more favorable regulatory environment under President Donald Trump is meaningful. 'The Trump administration has just embraced our industry, and that freed up the animal spirit, both here and abroad,' said Novogratz. He also credits BlackRock CEO Larry Fink's public endorsement of Bitcoin as the turning point for institutional adoption. 'When he got orange-pilled, the largest asset manager in the world said 'this is a real asset'… and lots of other companies followed suit.' The billionaire investor also mentioned rising U.S. debt as a primary driver behind Bitcoin's strength. "We are in a challenging position as a country," Novogratz said. "We have this kind of debt, yield curves are selling off everywhere, the dollar is under pressure, and all those things are very good for Bitcoin and crypto assets." Novogratz thinks "regulatory clarity" is here as stablecoin legislation has been passed, and a bill on market structure is almost finished. "Now, it's up to the crypto industry to build something America wants," he stated. Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Philanthropy CEO: Silicon Valley entrepreneurs who think they can cure poverty are a red flag
Jacqueline Novogratz, founder and CEO of Acumen, says she is wary of philanthropy entrepreneurs who think they can cure poverty using a Silicon Valley model. 'The biggest point of failure when we're looking at entrepreneurs … is they come in thinking they have this solution,' Novogratz said at Fortune's Most Powerful Women Summit in Riyadh. 'That, for me, is a big red flag.' Acumen, has invested $260 million in 215 portfolio companies that provide affordable education, health care, clean water, energy, and sanitation. It's not just billionaires like Bill Gates and Jeff Bezos who are giving away their wealth to those more in need. Entrepreneurs and wealthy Gen Zers are also getting in on the action—often from the comfort of their cushy abodes. For ex-Wall Street analyst-turned-philanthropy CEO Jacqueline Novogratz, that's a big red flag. 'I think the biggest point of failure when we're looking at entrepreneurs—and remember, these are entrepreneurs that are solving problems of poverty, like people who often have, not only know very little income, but very little confidence—is they come in thinking they have this solution,' Novogratz said at Fortune's Most Powerful Women Summit in Riyadh. She is the founder and CEO of Acumen. 'That, for me, is a big red flag.' 'If you haven't immersed, gotten close, and understood the problem from the perspective of the people that you are there to serve, game over.' The 64-year-old American entrepreneur, author, and pioneering figure in social impact investing, added that young people who think 'I really want to have purpose and build a business that's going to make change,' but look to Silicon Valley for their models, is another cause for concern. Under her leadership, the nonprofit capital venture, Acumen, has invested $260 million in 215 portfolio companies around the world. These companies have brought basic services like affordable education, health care, clean water, energy, and sanitation to more than 648 million people. Novogratz said on stage that many privileged young people who've 'never operated anything in their lives' ask her how they too can become impact investors. 'What I tell them is to go work in operating companies, we have 2000 of them across the world,' she advised. 'They're in rural areas. You're not going to get paid anything.' 'What it means to work on the line, actually go into villages, to work in a place where you don't speak the language, you might actually contribute to something. You'll be forever changed.' Novogratz's work began in 1986 when she quit her analyst job at Chase Manhattan Bank on Wall Street to venture into the world of philanthropy. She started out working across Africa as a consultant for the World Bank and UNICEF, where she helped found Rwanda's first microfinance institution, Duterimbere, at just 25 years old. 'One of the greatest gifts of my life was getting to live in Africa when I was very young.' 'Get the little things right,' Shamina Singh, founder and president of Mastercard Center for Inclusive Growth, also said on stage. 'People tend to focus on maybe a big picture of a Silicon Valley company. But the thing is, also focus on the details.' 'When people say no, I just say no to their no,' Emon Shakoor, founder and CEO of Blossom Accelerator, said. 'There's a saying in Arabic, which means between me and you is just time. When I first started out, people would say no, I was like, I am going to come back, you're going to say yes, between me and you is this time. So I think it's just having that grit.' This story was originally featured on
