FHFA allow cryptography holdings as part of the applicant’s assets



Bitcoin

He continued his soft increase on Wednesday when Fannie Mae and Freddie Mac, who play a fundamental role in the broadcast of mortgages for US housing owners, were ordered by Williamuffa, director of the Federal Housing Finance Agency. (FHFA)to prepare to accept cryptocurrencies as part of the applicants’ assets.

Back over $ 107,000, the upper cryptocurrency has increased 2.2% in the last 24 hours, and overcoming the 0.5% advance of Coindesk 20. Bitcoin in cash

It was a remarkable higher yield, increasing 7.4%.

Together with the BTC domain continues to rise, now with almost 66% of the total cryptographic market value now parked in the orange currency, compared to 39% in November 2023.

Today’s movement may be due in part to the director of FHFA, William Ablicte, sharing on social networks that borrowers could soon take advantage of their cryptography holdings for loan purposes.

“This is important on two levels,” said the CEO of Stive, Matt Cole, in X “.[It] It makes it substantially easier for Bitcoin holders buy a house without selling your bitcoin. [And] The United States government is taking the risk of Bitcoin in its own book, since the United States government implicitly guarantees the mortgage loans of Fannie/Freddie. “

The high the fire insured by Trump between Israel and Iran can also be pushing the highest bitcoin price, despite the reputation of the asset as a possible investment of safe refuge. “Gold likes war, while Bitcoin prefers peace,” said Charlie Morris, founder of the Bytetree financial services firm. “The gold reached its maximum point ahead of hostilities in the Middle East, while Bitcoin sank. Once it seemed likely to contribute military actions, Bitcoin recovered and gold backed down.”

Meanwhile, encryption stocks have remained relatively subject, with the notable exceptions of Bitcoin Miner Cleanspark (CLSK)It rose 6.7%, while the Minero Coreweave (Corz)He slid the same amount. There was also a circle (CRCL)which decreased another 11% today and has now decreased by approximately 33% since it reached a maximum point of Monday just $ 300 per share. To the current $ 198,62, the share is still more than six times from its $ 31.



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