Better Home & Finance and Coinbase are preparing a new mortgage product tied to Fannie Mae-backed loans, according to a Wall Street Journal report published on March 26. Summary Better and Coinbase plan a mortgage product that lets homebuyers use crypto holdings as collateral. The reported structure would combine a standard mortgage with a separate
For the first time, Fannie Mae will offer crypto-backed mortgages, letting buyers leverage Bitcoin and other digital currencies to secure a loan, The Wall Street Journal reported Thursday. The program is being rolled out with Coinbase and Better Home & Finance to simplify the process for crypto holders. Mortgage giants Fannie Mae and Freddie Mac
The crypto market fell 2.5% on Friday to $2.45 trillion as hopes of an end to the ongoing U.S. Iran war faded. Summary Crypto market cap fell 2.5% to $2.45 trillion as geopolitical tensions rose after Iran rejected a U.S. proposal to end the conflict. Bitcoin dropped to $69,445 while Ethereum slid 4.4%, triggering over
Key takeaways Geopolitical uncertainty is driving market behavior, particularly in relation to the Iran conflict. Skepticism towards US White House headlines is influencing market sentiment. Markets may be overly optimistic about future economic conditions. There is potential for a squeeze in equity markets despite significant risks. Gold’s recent sell-off indicates a shift in market positioning.
Bitcoin Depot has named former MoneyGram chief executive Alex Holmes as its new chief executive as the crypto ATM operator faces growing pressure from US regulators. Summary Bitcoin Depot appoints Alex Holmes as CEO after Scott Buchanan exits within three months. Multiple US states accuse Bitcoin Depot of excessive fees scam exposure and weak compliance
Key takeaways AI development is driven by profit motives, potentially leading to superior civilizations. Current AI technologies are causing significant harm to people and society. AI companies exploit labor, creating cycles of layoffs and retraining. The benefits of AI are not equally distributed outside Silicon Valley. Understanding AI requires examining diverse global perspectives beyond Silicon
Franklin Templeton and Ondo are launching tokenized ETFs that trade 24/7 directly in crypto wallets, giving non-U.S. investors round-the-clock access to U.S. stocks, bonds and gold. Summary Franklin Templeton and Ondo Finance announced tokenized ETFs on March 25 that can be traded directly inside crypto wallets around the clock, bypassing traditional brokerage accounts. The product
Key Takeaways Psychedelics are being explored as potential rejuvenation protocols for anti-aging. Research on psilocybin indicates it may have significant longevity benefits. Psilocybin affects the brain by dampening the default mode network, impacting self and ego perception. As people age, their experience of reality narrows due to the stiffening of their default mode network. Psilocybin
The UK Government is placing a ban on political crypto donations in a bid to safeguard electoral integrity. The Government of the United Kingdom has announced its plans to ban cryptocurrency donations to political parties. This is a part of a broader effort to “safeguard” democratic processes and principles. The move is designed to
Bitwise CIO Matt Hougan says Circle’s 22% post-CLARITY Act selloff is “excessive,” arguing USDC’s payments moat and a $1.9t stablecoin market by 2030 justify a $75b valuation target. Summary Bitwise CIO Matt Hougan called Circle’s post-regulatory selloff “excessive,” projecting the stablecoin issuer could be worth $75 billion by 2030. Hougan cited Citigroup’s revised forecast that