Robinhood Markets will hold an “IPO Roadshow” on August 3rd for its new venture fund, Robinhood Ventures Fund II (RVII). Instead of keeping the pitch behind closed doors for institutional buyers, it’s streaming the whole thing on its app and on YouTube. RVII’s pitch rests on a single name: Y Combinator. The fund plans to
At the time of writing at 8:40 a.m. Eastern time on July 27, the chain tip stood at block 959842. Roughly 1,790 blocks remain before block 961632, the point where nodes running BIP-110 software begin rejecting blocks that do not signal version bit 4. At Bitcoin’s average ten-minute pace, that height should arrive on or
Rejections at $65,500 Resistance Drag Prices Lower Bitcoin showed its volatility again on Monday, experiencing two sharp price swings even as tensions in the Middle East eased. After barely holding above $64,600 late Sunday, the cryptocurrency jumped to a session high of $65,500 as markets reacted to reports of a pause in fighting between U.S.
In brief The odds that the Fed pushes for “no change” on interest rates has fallen sharply on prediction markets in the last 24 hours. The odds of a quarter-point Fed rate hike have jumped: up almost 10% on Polymarket, and around 8% on Myriad. Fed-funds futures put the probability of an increase at 38.8%
While Bitcoin remains stagnant, analysts on on-chain analysis platforms have noted that a sustained bottom in the market has yet to be confirmed. Nansen reported that the possibility of Bitcoin retesting the $52,000 to $58,000 region remains. According to the company, this week’s Federal Reserve interest rate decision and Strategy’s second-quarter financial results are among
Bitcoin $BTC$64,994.59 and the crypto market have stayed somewhat resilient on Monday even as AI-linked tech stocks came under pressure. $BTC held around $65,000, up 4% since Friday, while ether ($ETH) hit its strongest price in nearly two months. Meanwhile, Nvidia’s 4.8% decline led AI-favorites lower, even as the overall Nasdaq was about flat thanks
US President Donald Trump reiterated his call for the Federal Reserve to cut interest rates, saying the US should have the lowest interest rates in the world. Accusing members of the Fed’s board of governors of acting “politically,” Trump stated that Kevin Warsh also had to work with other board members in the decision-making process.
Tokenized stock adoption nearly doubled over the past month as Robinhood attracted hundreds of thousands of retail holders, although Ondo continued to lead the sector by asset value. Tokenized stock holders rise 92% in one month Tokenized equity platforms reached 752,000 holders after their combined count increased 92% within 30 days, according to data shared
On Friday, a clever startup manufactured a viral media story about a Brazilian rancher securing a $19,600 loan by tokenizing 10 cows. However, omitted from the subsequent wall-to-wall media coverage was some very inconvenient context, such as the rancher’s seat on the board of a state-backed ranching fund, his massive herd, and plentiful access to