Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage

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…

Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs

Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset’s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as…

Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown

Bitcoin price started a fresh decline below the $73,800 zone. BTC is consolidating and might continue to move down if it dips below $72,500. Bitcoin failed to stay above $74,200 and extended losses. The price is trading below $73,800 and the 100 hourly simple moving average. There was a break below a rising channel with…

Bitcoin Recovery Rally Or Bull Trap? These Key Levels Hold The Answer

Bitcoin is attempting to stabilize after a sharp pullback, but uncertainty remains the dominant market force. While key support levels are still holding and leaving room for a recovery rally, bearish signals remain present, raising the possibility that any short-term bounce could turn into a bull trap.  Retesting Key Rising Channel Support  According to Bitcoin…