Crypto, Forex & Blockchain News

Federal Housing Finance Administration Director, William Pulte instructs Fannie Mae and Freddie Mac to consider cryptocurrencies as part of mortgage applications. The move aims to increase likelihood of loan approval for borrowers with crypto assets and forms part of a larger vision to position the U.S. as the global crypto capital.

Bitcoin’s value dipped below $99,000 due to rising geopolitical tensions following US strikes on Iranian nuclear sites. The cryptocurrency faced a drastic fall for the first time in six weeks, leading investors to assess risks linked to such assets. This article further leverages technical analysis to identify potential support and resistance levels surrounding Bitcoin’s chart, revealing significant areas investors should monitor. Insightful for any investor monitoring the volatile shifts of Bitcoin’s value.

Trump Media & Technology Group plans to launch an exchange-traded fund combining Bitcoin and Ether in a single asset. The parent company of Truth Social, founded by Donald Trump, intends to hold both cryptocurrencies in the fund, with a heavier focus on Bitcoin. The ETF is expected to launch later this year, following the company’s earlier announcements of a Bitcoin-only ETF and partnerships with Crypto.com to offer crypto products.

Walmart and Amazon looking into launching their own stablecoins as a way to potentially reduce billions of dollars in credit transaction fees. Stablecoins are a type of cryptocurrency pegged to another commodity, often the U.S. dollar. By using these cryptocurrencies as customer payment options, these retailers can bypass the need for traditional banks and credit card providers thereby saving on fees. The move is dependent on the US Senate passing a bill that establishes the framework for issuing stablecoins.

Explore the turbulent journey of the WEMIX token in this comprehensive analysis. From hitting rock bottom to potential forecasts, the article explores WEMIX’s price prediction, token characteristics, and vital influencing factors. Your go-to guide for understanding WEMIX’s past performance and what might shape its future potential.

Former executives from Coral Capital Holdings are launching a cryptocurrency venture, Build & Build Corporation, to invest in Binance’s exchange token, BNB. The company, aiming to raise 100 million dollars, will also go public through a reverse buyback. The plan, referred to as BNB ‘microstrategy,’ has no direct affiliation with Binance. Currently, BNB is the fifth-largest crypto with a market value of around $630 per token.

Bitcoin sees impressive rally, nearing record high as it stages breakthrough above flag pattern. Economic data and investor risk appetite boost the potential for higher gains. Key levels to watch are $112,000 and $137,000, with support at $107,000 and $100,000.

Ripple’s legal counsel, Bill Morgan, debunks claims of potential government seizure of XRP tokens from Ripple’s escrow accounts. The article explores various technical transfer mechanisms, limitations, and ongoing SEC settlement talks. The settlement reduces Ripple’s fine and dissolves injunction against XRP sales, maintaining Ripple’s escrow structure.

Trading platform moomoo is launching Moomoo Crypto, offering 32 cryptocurrencies for trade. The platform will first be available to existing customers, before rolling out to all users. Moomoo Crypto will use Coinbase’s Crypto-as-a-Service platform for trading access. This initiative places Moomoo alongside traditional online brokers like Robinhood, Interactive Brokers, eToro, and Fidelity that also offer crypto trading.