The head of the FHFA said his agency is considering how Bitcoin is counted in qualifying for a mortgage. The head of the FHFA said his agency is considering how Bitcoin is counted in qualifying for a mortgage. The US federal home loan regulator is looking into how crypto holdings could help mortgage seekers qualify for home loans. The move...
Cryptocurrency firms and law enforcement teamed up this month in what could be the biggest crypto haul in US Secret Service history. On June 18, the Department of Justice moved to seize over $225 million in tokens linked to pig-butchering scams. This effort relied on blockchain tracing and quick action by exchanges and a stablecoin issuer to lock down...
Grant Cardone’s real estate investment firm has bought 1,000 Bitcoin as part of its new treasury strategy combining real estate and crypto. Grant Cardone’s real estate investment firm has bought 1,000 Bitcoin as part of its new treasury strategy combining real estate and crypto. Real estate mogul Grant Cardone has announced the firm’s first Bitcoin purchase as it becomes the...
Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars. Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars. Credit card...
DDC Enterprise and Fold Holdings have confirmed raises worth a total of $778 million as a biotech firm said it would raise $50 million to add HYPE as a treasury asset. DDC Enterprise and Fold Holdings have confirmed raises worth a total of $778 million as a biotech firm said it would raise $50 million to add HYPE as a...
With a fresh week of inflows recorded, crypto ETPs have reached a new record of year-to-date inflows of $13.2 billion. With a fresh week of inflows recorded, crypto ETPs have reached a new record of year-to-date inflows of $13.2 billion. Cryptocurrency investment products continued their multi-week inflow streak as Bitcoin traded close to new highs and Ether briefly surged past...
Crypto market volatility rises in reaction to Israel’s attack on Iran, but the technical setup suggesting that the uptrend still remains intact. Crypto market volatility rises in reaction to Israel’s attack on Iran, but the technical setup suggesting that the uptrend still remains intact. Key points: The total crypto market cap fell 4% to $3.24 trillion on June 13, in...
Strategy’s Michael Saylor claims that “all the evidence” indicates Bitcoin is unlikely to face another crypto winter anytime soon. Strategy’s Michael Saylor claims that “all the evidence” indicates Bitcoin is unlikely to face another crypto winter anytime soon. Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will...
Argentina’s corruption watchdog has cleared President Javier Milei of wrongdoing over the LIBRA scandal, saying the post was made while acting in a personal capacity. Argentina’s corruption watchdog has cleared President Javier Milei of wrongdoing over the LIBRA scandal, saying the post was made while acting in a personal capacity. Argentine President Javier Milei did not breach any of his...
Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations. Boxers fighting (Herve/Unsplash) What to know: A Twitter exchange between Donald Trump and Elon Musk triggered a sell-off in cryptocurrencies, causing nearly $1 billion in leveraged bets to be wiped out. Bitcoin fell below $101,000, and major tokens like Ethereum...