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via Decrypt · By Decrypt Editorial

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says

BTC

BTC/USDT

$72,721.22
+4.14%
24h Volume

$32,806,868,741.52

24h H/L

$73,110.70 / $68,902.22

Change: $4,208.48 (6.11%)

Long/Short
51.2%
Long: 51.2%Short: 48.8%
Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$72,776.81

4.96%

Volume (24h): -

Resistance Levels
Resistance 3$78,568.57
Resistance 2$76,859.07
Resistance 1$72,785.42
Price$72,776.81
Support 1$72,717.82
Support 2$71,007.86
Support 3$69,924.16
Pivot (PP):$67,833.60
Trend:Uptrend
RSI (14):80.0
DE
Decrypt Editorial
(03:12 PM UTC)
1 min read
EW
Approved byEmily Watson

In brief

  • Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed mortgage by pledging Bitcoin as collateral.
  • Day-to-day market drops will not trigger margin calls or sudden liquidations, according to mortgage lender Better.
  • The offering follows a policy pivot from FHFA director Bill Pulte, who ordered the watchdog to recognize crypto held on centralized…

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Source

Decrypt Editorial · Decrypt

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