Bitcoin’s $113,000 zone emerges as a critical support with new investors absorbing whale supply, hinting at one of the last discounts before new highs. Key takeaways: Bitcoin could retest the $111,000–$113,000 zone, mirroring the breakout structure seen in Q2. The URPD metric shows 5.5% of BTC supply clustered between $110,000–$113,000. Read more
The brokerage is seeking SEC approval for Robinhood Ventures Fund I, which would trade on the NYSE and expose retail investors to private companies. Brokerage firm Robinhood is planning a closed-end fund that would give retail investors access to its venture capital portfolio — a space traditionally reserved for institutions and high-net-worth individuals. The brokerage disclosed Monday that it has filed a Form N-2 with the US Securities and Exchange Commission (SEC) to register shares of the Robinhood Ventures Fund I (RVI), which will be managed by its new subsidiary, Robinhood Ventures DE. If approved, shares of RVI will be listed on the New York Stock Exchange, where they can be bought and sold through participating brokerage platforms. Read more
Bitcoin is facing solid resistance at $117,500, but the possibility of a rally to $124,474 remains high as long as the price remains above the moving averages. Key points: Bitcoin is facing significant resistance at $117,500, but the bulls remain on top as long as the price stays above $113,400. Several altcoins are showing signs of profit booking in the near term, but lower levels are likely to attract buyers. Read more
The new team will be led by Ethereum Foundation research scientist Davide Crapis and will support projects that seek to create an ecosystem for humans and AI. The Ethereum Foundation announced a new AI-focused research team, aiming to blend the censorship-resistant power of blockchain with one of tech’s hottest fields. Davide Crapis, a research scientist with the Foundation, said Monday that the new team will focus on developing an AI economy on Ethereum and a decentralized AI stack for developers. “Ethereum makes AI more trustworthy, and AI makes Ethereum more useful,” Crapis said on X. “The more intelligent agents transact, the more they need a neutral base layer for value and reputation. Ethereum benefits by becoming that layer and AI benefits by escaping lock-in to a few centralized platforms.” Read more