Nearly four months after crypto exchange Coinbase and the Federal National Mortgage Association—better known as Fannie Mae—announced their partnership, the companies have now disclosed what they describe as the first-ever mortgage backed by crypto collateral. No Need To Sell Crypto The concept was originally unveiled in March, when Better Home & Finance and Coinbase announced a joint mortgage product designed for prospective homebuyers who hold crypto but struggle with the cash requirements of traditional financing. Instead of requiring customers to liquidate their digital holdings to raise down payment funds, the Coinbase program allows borrowers to pledge crypto—such as Bitcoin (BTC) or Circle’s USDC stablecoin held in a Coinbase account—so those holdings can secure a separate loan intended to cover the down payment. Importantly, the actual home mortgage remains a conventional Fannie Mae–backed loan, meaning the structure is built around the existing conforming mortgage framework
While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point. Related Reading: Zcash Fixes Critical Orchard Vulnerability As ZEC Holds $600 Support Bitcoin Tags Key 200‑Week SMA After Four Years After falling 15% over the past four days, Bitcoin is attempting to reclaim the $64,000 level as support. The flagship crypto had been trading between $64,000-$82,000 since the early February crash, holding above the upper half of the range for nearly two months. However, this week’s broader volatility pushed BTC toward the range’s lower boundary for the first time in months, reaching a four-month low of $61,383 on Wednesday night. Amid this performance, market observer Rekt Capital highlighted that the cryptocurrency had tagged the 200-week Simple Moving Average (SMA) for the first time in this bear cycle, which may
7RCC Global has launched trading of BTCK, an exchange-traded fund that allocates 80% to Bitcoin and 20% to regulated carbon credit futures, bringing one of the crypto industry’s earliest ESG-focused ETF concepts to the public market. According to a press…
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.
HYPE is trading above $60 despite the recent market selloff that has dragged most crypto assets to significant losses over the past several days. The relative strength is notable — but Arkham Intelligence data has revealed a series of institutional-scale transactions in the past several hours that transform the price resilience from an interesting observation into a documented behavioral signal. Related Reading: Bitcoin Falls Below $66K As Short-Term Holder Stress Reaches February Levels Three new wallets withdrew a combined 557,406 HYPE tokens worth approximately $40.2 million from Kraken eight hours ago — and immediately staked the entire amount. The staking decision is the detail that separates these withdrawals from routine portfolio management. Tokens staked immediately after exchange withdrawal are tokens being committed to the network’s validator infrastructure rather than positioned for near-term trading or sale. The intent is explicit in the action. Six hours ago, another new
On-chain data shows the total demand for Bitcoin has significantly contracted over the past month, hitting a pace comparable to the LUNA collapse. Bitcoin Spot & Futures Demand Has Shrunken Recently As pointed out by CryptoQuant head of research Julio Moreno in an X post, Bitcoin demand has been contracting at a sharp rate recently. […]
SpaceX's IPO could reshape market dynamics, intertwining its valuation with Bitcoin's volatility and expanding crypto-trading opportunities.
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