Fannie Mae, a major federally backed mortgage institution, is launching a new mortgage product allowing homebuyers to use Bitcoin or USD Coin as collateral for loans. This move, in partnership with Better Home & Finance and Coinbase, enables borrowers to secure conforming loans without liquidating their crypto assets, and without margin calls if crypto prices fall. This innovation could mainstream crypto-backed mortgages, providing a new way for crypto holders to finance home purchases while maintaining ownership of their digital assets. Despite this, Bitcoin prices dipped slightly amid broader market pressures.
The iShares Biotechnology ETF (IBB) surged 26% over three months ending September 4, 2026, outperforming the S&P 500's 4% gain by 22 points. This rally is driven by big pharmaceutical companies acquiring mid- and small-cap biotech firms to offset rev...
South Korea has launched a government-backed initiative to provide free, unlimited AI access to over 51 million citizens, supported by hardware from NVIDIA, SK hynix, and TSMC. The program involves 512 NVIDIA B200 GPUs this year and plans subsidies f...
XRP futures trading volume surged to $64.6 billion in August, the highest since February, driven by a nearly 30% price increase from $1.06 to $1.50. Binance led the derivatives market with $37 billion in futures volume, followed by Bybit and OKX. Spo...
Cryptocurrency markets experienced mixed price movements, with Bitcoin falling 1.13% to $78,829 and Ethereum down 0.43% to $2,471.87. Other altcoins showed varied performance, including notable gains in DOT (up 12.61%), PUMP (7.78%), and WLD (10.34%)...
XRP futures trading volume surged to a six-month high, reaching $11.37 billion on August 22, coinciding with a price rebound to around $1.40–$1.42 and increased exchange withdrawals. This heightened activity across major exchanges suggests growing ma...
