The US housing sector may be moving toward recognizing crypto in mortgage underwriting, but Redfin’s chief economist urges caution. Daryl Fairweather warned that crypto poses risks traditional finance models may not fully capture, pointing to volatility, custody concerns, and cyber threats. “There are unknown risks in crypto that maybe will not be fully accounted for,”
California Governor Gavin Newsom has launched a new initiative called the “California Breakthrough Project” to increase efficiency in public services and strengthen public-private partnerships. According to FOX Business reporter Eleanor Terrett, senior executives of leading cryptocurrency companies such as Ripple, Coinbase and MoonPay were also invited to the project. The project’s working group held its
The crypto market is maturing and diversifying thanks to improved regulatory clarity and increasing demand from traditional financial institutions, says trading firm and over-the-counter (OTC) desk Wintermute. In its 1H 2025 OTC Market Report, the firm detailed the changes in the crypto trading market. The report highlighted a growing divergence between institutional investors and retail
Jameson Lopp, CTO and co-founder of self-custody service Casa, proposed a change to Bitcoin’s software on Tuesday to address quantum computers’ catastrophic potential. The proposal, which was co-authored by five other developers, would create incentives pushing Bitcoin owners toward cryptographically-sound ways of storing the asset that can’t be compromised by complex computers, and introduce other
According to the latest data published by cryptocurrency analysis firm Glassnode, there has been a sharp decline in the supply ratio between long-term investors (LTH) and short-term investors (STH) in the Bitcoin market. Additionally, the 30-day percentage change metric has shifted from the “accumulation” phase to the “selling” phase. This development is being interpreted as
US President Donald Trump and Fed official Thomas Barkin simultaneously made critical statements on both domestic and foreign policy. While calling on the Fed to cut interest rates, Trump made striking warnings about the Ukraine-Russia war and shared developments regarding a series of trade agreements. Trump argued that the Fed should cut interest rates and
Bitcoin reached an all-time high, reaching as high as $123,000. Following this historic surge, investors and analysts have begun to re-discuss the next big goal for the world’s largest digital asset: reaching the market capitalization of gold. Currently, the price of Bitcoin is hovering around $117,252 and its total market capitalization is around $2.34 trillion.