Coin overview
J
Ended--
Last price (USDT)
491.27K
24h total (USDT)
1.05M
Total vol (USDT)
2025-01-15 15:00:00 ~ 2025-01-22 09:30:00
Trading time (UTC+0)
2025-01-22 11:00:00 ~ 2025-01-22 23:00:00
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
Jambo is building a global on-chain mobile network, powered by the JamboPhone — a crypto-native mobile device starting at just $99. Jambo has onboarded millions on-chain, particularly in emerging markets, through earn opportunities, its dApp store, a multi-chain wallet, and more. Jambo’s hardware network, with 700,000+ mobile nodes across 120+ countries, enables the platform to launch new products that achieve instant decentralization and network effects. With this distributed hardware infrastructure, the next phase of Jambo encompasses next-generation DePIN use cases, including satellite connectivity, P2P networking, and more. At the heart of the Jambo economy is the Jambo Token ($J), a utility token that powers rewards, discounts, and payouts.
IREN Bitcoin Hashrate Surpasses 50 EH/s, Entering the Top Tier of Global Mining Companies and Expanding AI Infrastructure Simultaneously
According to ChainCatcher, as reported by The Block, publicly listed Bitcoin mining company IREN has announced that its proprietary Bitcoin hashrate has reached 50 EH/s, accounting for approximately 6% of the total network hashrate (842 EH/s), thus achieving its mid-year target. This scale ranks fourth in the industry, behind only Marathon Digital (57.3 EH/s), CleanSpark (50 EH/s), and Riot Platforms (33.7 EH/s). Of its 750MW mining facility in Texas, 650MW is already operational, driving a nearly 50-fold increase in hashrate over the past 30 months. IREN Co-CEO Daniel Roberts stated that the 50 EH/s milestone demonstrates the company’s efficient delivery capabilities in energy and data center infrastructure. In the second quarter, the company’s Bitcoin mining cost was $41,000 per coin, benefiting from 15 J/TH energy-efficient equipment and renewable energy advantages. With the current Bitcoin price at approximately $106,542, this low-cost structure provides resilience against market volatility. The company’s AI transformation strategy is also underway: a 50MW liquid-cooled AI data center (Horizon 1) will be built at the Texas site, with operations planned for Q4 2025. IREN will serve AI clients through a GPU hosting model and plans to issue $450 million in convertible senior notes to support its expansion.
Hut 8 Vega Data Center Powers Up for the First Time, Deploys the World’s Largest Bitcoin Mining Facility
ChainCatcher reports that Hut 8 Corp. (NASDAQ | TSX: HUT) announced today that its Vega data center has been powered on for the first time. The facility is considered the world’s largest single-site Bitcoin mining operation. Vega spans 162,000 square feet, is equipped with a nominal energy capacity of 205 megawatts, and, at full capacity, can deliver approximately 15 EH/s of Bitcoin mining power—about 2% of the current global Bitcoin network hash rate. Vega will deploy up to 17,280 Bitmain U3S21EXPH servers, which are Bitmain’s first large-scale commercial U-shaped direct liquid-cooled ASIC miners. Each unit can deliver up to 860 TH/s of hash power with an energy efficiency of 13 J/TH. As a client, Bitmain will deploy all approximately 15 EH/s of mining machines at Vega, which is expected to generate annualized revenue of $110 million to $120 million for Hut 8. The agreement also includes a purchase option that, if exercised, would expand Hut 8’s proprietary mining capacity from 10 EH/s to approximately 25 EH/s. Previous reports indicated that Vega was expected to be powered on in the second quarter of 2025 to prepare for the approximately 15 EH/s hosting agreement reached with Bitmain.
Germany eyes Israeli tech for national ‘cyber dome’ defense system
Germany is planning to build a national cyber defense system and wants Israel’s technology at the center of it, according to a report from Reuters. During a visit to Tel Aviv, Interior Minister Alexander Dobrindt announced a proposal to create a joint cyber research center between Germany and Israel. The goal is to tighten cooperation between both countries’ intelligence and security agencies. Dobrindt, who took office last month under new Chancellor Friedrich Merz, arrived in Israel on Saturday and laid out a five-step plan for what he calls a “Cyber Dome” to defend German networks. Dobrindt told Germany’s Bild newspaper, “Military defence alone is not sufficient for this turning point in security. A significant upgrade in civil defence is also essential to strengthen our overall defensive capabilities.” His comments follow rising concerns in Berlin over threats from Russia and China, and a renewed push to expand Germany’s role in NATO operations. At home, Bavarian Prime Minister Markus Soeder called on Sunday for Germany to purchase 2,000 interceptor missiles, which would be the start of a short-range missile shield modeled after Israel’s Iron Dome. Germany copies Israel’s tested Iron Dome model Iron Dome was first used in April 2011, when it intercepted Katyusha rockets launched by Palestinian militants. In August that year, it took down 20 rockets, although one attack in Beersheba saw four intercepted and one slip through, killing a man and injuring others. See also Alibaba debuts multimodal AI tool to challenge OpenAI and DeepSeek During Operation Pillar of Defense in November 2012, Israeli officials said Iron Dome filtered out two-thirds of about 1,000 rockets as non-threats and intercepted 90 percent of the remaining missiles. Only three people were killed that month after the system failed in one incident. By the time Operation Protective Edge happened, Iron Dome had achieved between 87 and 90 percent success rates, recording 735 interceptions. Its accuracy earned praise from U.S. defense expert Steven Zaloga, who said a 90% interception rate was “an extremely high level.” Reporter Mark Thompson pointed out that the low number of casualties showed it was “the most-effective, most-tested missile shield” globally. The news outlet Slate called Iron Dome’s performance “unprecedented,” especially compared to systems like the Patriot. In the 2006 Hezbollah war, 4,000 rockets landed in Israel over 34 days, killing 53 civilians. There were over 30,000 insurance claims for damage. In 2014, during a 50-day conflict with Hamas, 3,360 rockets were fired, and rocket-related deaths dropped to two. Insurance claims fell to 2,400. Still, Iron Dome is not flawless. On March 25, 2019, a J-80 rocket launched from Gaza struck a home in Mishmeret, causing injuries. Hamas claimed the rocket followed a nonlinear flight path, making it too unpredictable for the system to track or stop. See also China finds new pressure point in EU EV trade talks - French cognac Germany wants the cyber shield to complement these physical protections. It’s betting that combining Israeli experience with German infrastructure could help defend against both missile threats and digital warfare. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Trump’s Tariff Policy Criticism Sparks Business School Rebuke
Key Takeaways: President Trump defends tariff policies amid criticism. Support for U.S. steel and aluminum. Potential impacts on trade partners and industrial sectors. Trump’s Tariff Policy Criticism Sparks Business School Rebuke Trump’s comments are significant as they signal a firm stance on tariffs affecting major industrial sectors while causing ripples in international trade relationships. The White House has announced a significant tariff increase on U.S. steel and aluminum imports. These measures aim to protect vital American industries, according to official statements . President Trump is taking action to protect America’s critical steel and aluminum industries, which have been harmed by unfair trade practices and global excess capacity. – Donald J. Trump, President of the United States, White House Fact Sheet President Donald Trump, defending his trade policies, has criticized detractors, suggesting they need business education. His firm stance focuses on boosting domestic production and addressing foreign trade challenges. The increased tariffs are expected to impact American industries by supporting local production; however, they might affect international trade adversely by straining relations with other countries. Businesses depending on imported materials could face higher costs and supply chain challenges. The political ramifications of Trump’s policies include potential diplomatic strains with trade partners. Economically, these tariffs affect the cost of imported goods, potentially leading to increased prices for consumers and businesses. Analysts suggest these tariffs might eventually influence market dynamics and government policies. Historical data from past trade wars shows that increased tariffs often lead to market volatility and shifts in global commerce patterns .
Trump Endorses Bitcoin as Pressure Relief for Dollar
Key Takeaways: Trump supports Bitcoin for reducing dollar strain. Bitcoin boosts US financial ecosystem. Positive impact on US economic strategy. Trump Endorses Bitcoin as Pressure Relief for Dollar President Trump announced public support for Bitcoin, highlighting its ability to lessen pressure on the US dollar. His administration’s policy now includes Bitcoin as part of the US economic strategy . Trump Media & Technology Group Corp. actively incorporates Bitcoin, executing strategies like significant treasury allocations and proposed Bitcoin ETFs. Donald Trump leads these initiatives, marking a strong crypto-backed economic shift. Trump’s backing of Bitcoin is expected to bolster the cryptocurrency market, enhancing confidence among investors and policymakers. It’s a pivotal move promoting digital asset stability and growth. The US government’s Bitcoin involvement signals potential regulatory adaptations, possibly setting precedents for other nations, affecting traditional financial systems and digital trading avenues. The policy impacts both public perception and market behavior, notably increasing Bitcoin’s validity as a strategic asset. Institutional trust may rise, fostering further investment. Potential outcomes include enhanced liquidity in cryptocurrency markets and increased governmental collaborations with fintech entities. Historical trends suggest similar initiatives often lead to elevated Bitcoin demand and regulatory developments. “I notice more and more of you pay in bitcoin. People are saying it takes a lot of pressure off the dollar, and it’s a great thing for our country.” – Donald J. Trump, President of the United States
Trump questions Democratic anti-American tendencies on Truth Social
according to the Truth Social platform of US President Donald J. Trump, the content is "Why are the Democrats always against America?" (WHY ARE THE DEMOCRATS ALWAYS ROOTING AGAINST AMERICA???)
White House Declares Bitcoin as ‘Digital Gold’ in New Policy
Key Points: The White House declares Bitcoin “digital gold,” initiating strategic reserves. The U.S. government aims to accumulate and retain Bitcoin. A new policy without direct federal spending impacts cryptocurrency markets. White House Declares Bitcoin as ‘Digital Gold’ in New Policy President Donald J. Trump has signed an Executive Order declaring Bitcoin as “digital gold” and implementing a Strategic Bitcoin Reserve in the U.S., emphasizing accumulation and holding strategies by the government. This policy positions Bitcoin as a national reserve asset, reflecting broader recognition of digital assets. Market participants are evaluating the implications as the government commits to accumulating Bitcoin stock without direct expenditures. U.S. government officially recognized Bitcoin as a strategic reserve asset, akin to gold, through a new Executive Order. President Trump and crypto policy head Bo Hines lead this federal initiative, aiming for significant Bitcoin reserves. “The Order creates a Strategic Bitcoin Reserve that will treat bitcoin as a reserve asset. … The United States will not sell bitcoin deposited into this Strategic Bitcoin Reserve, which will be maintained as a store of reserve assets.” — President Donald J. Trump Action involves creating the Strategic Bitcoin Reserve, which will not sell any accumulated Bitcoin. The plan avoids taxpayer burdens by using Bitcoin forfeited through criminal proceedings and other legal measures for the reserve. The decision could reduce government-driven Bitcoin sell pressure, potentially boosting Bitcoin’s market value. The inclusion of Bitcoin as a sovereign reserve asset reflects its rising importance in fiscal strategy. Establishing this policy marks a shift from previous practices of selling forfeited Bitcoin through auctions. It aligns Bitcoin with gold-held strategies by global central banks. Long-term, this shift may influence other nations to formalize digital asset reserves, leveraging the blockchain economy. Historical trends indicate growing governmental adoption of cryptocurrencies globally.
Is 0.1 Bitcoin the New American Dream? CZ, Saylor, and Pulte Think So
The idea of the colloquial “American Dream” might be due for an upgrade after BeInCrypto reported housing credits in the US considering Bitcoin-backed mortgages. While homeownership has long defined financial success in the US, a growing movement led by crypto heavyweights says that even owning 0.1 Bitcoin (BTC) might soon surpass that milestone. Binance’s CZ Says 0.1 BTC Could One Day Outvalue a House Changpeng Zhao (CZ), founder and former CEO of the Binance exchange, suggested that owning just 0.1 BTC, worth $10,679 as of this writing, could one day be worth more than a house in the US. “The current American Dream is to own a home. The future American Dream will be to own 0.1 BTC, which will be more than the value of a house in the US,” the Binance executive shared in a post. CZ was reacting to a post by William J. Pulte, a US housing policy official and crypto advocate, who announced crypto inclusion as an asset for a mortgage application. According to CZ, this is great to see, with Bitcoin now counting as an asset when applying for a mortgage in the US. Pulte is the director of the US Federal Housing Finance Agency (FHFA), which oversees major entities such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. The decision marks a fundamental shift in US financial policy. Enacting this policy, particularly regarding Bitcoin, enhances the pioneer crypto’s popularity among high-net-worth investors. More closely, it legitimizes crypto as a financial asset in federal housing policy. “When I bought a house last year, I provided a portfolio summary from DeBank as proof of funds. No bank would accept such a document but realtors will accept the document for cash offers,” one user revealed. This aligns with a broader trend of digital assets gaining mainstream legitimacy in financial infrastructure, including Bitcoin ETFs (exchange-traded funds) and Ethereum counterparts. Notably, Pulte also revealed regulatory momentum, ordering executives at Fannie Mae and Freddie Mae to provide regulatory changes. After a “productive meeting,” Pulte confirmed the addition of crypto to US mortgage qualification. Meanwhile, like CZ, MicroStrategy (now Strategy) executive chair Michael Saylor sees the move as Bitcoin’s foray into the American Dream. Saylor has long viewed Bitcoin as a long-term store of value. This latest development cements that vision, tying Bitcoin to the foundational aspects of middle-class life such as homeownership. In a recent US Crypto News publication, BeInCrypto reported Saylor offering MicroStrategy’s Bitcoin Credit framework to calculate credit risk using BTC price volatility and loan duration, among other factors. Bitwise’s Jeff Park Explains The Rise of the “Wholecoiner” Elsewhere, Jeff Park says the American Dream is being redefined for younger generations. According to the portfolio manager at Bitwise, becoming a “wholecoiner” (owning 1 full BTC) is replacing suburban homeownership as a symbol of financial independence for Millennials and Gen Z. With US home prices soaring, weighing heavily on younger Americans, the dream of owning property is slipping away. Median US homebuyer housing payment on median-priced home. Source: Similarly, student debt is a challenge, with reports suggesting high unemployment rates even for students graduating from top-of-the-line institutions. Meanwhile, Bitcoin, trading at $106,796 as of this writing, represents an alternative grounded in scarcity, autonomy, and global access. A report from Jumper Learn echoes this sentiment. “Owning one Bitcoin is viewed as a milestone akin to homeownership in previous generations, anchored not to land but to sound money and digital autonomy,” read an excerpt in the blog. The policy shift reflects a broader cultural transformation. As digital natives prioritize flexibility, decentralization, and sovereignty, Bitcoin is going beyond being just an asset and progressively becoming a lifestyle anchor. As Saylor, CZ, and Pulte, among others, converge around this narrative, Bitcoin becomes a benchmark of aspiration. The modern American Dream could soon be measured in satoshis, not square footage.
Crypto May Be Used as Collateral for Mortgage Loans in U.S.
The U.S. Federal Housing Finance Agency (FHFA) instructed Fannie Mae and Freddie Mac to develop proposals for including cryptocurrency in mortgage loan risk assessments. William J. Pulte, Director of the FHFA, signed Decision No. 2025-360, directing the government-sponsored enterprises Fannie Mae and Freddie Mac to begin work on integrating crypto into the risk assessment framework for single-family home mortgage loans. The initiative envisions allowing cryptocurrency to be used as reserve assets without mandatory conversion into U.S. dollars prior to closing the loan. The new directive takes immediate effect and is to be implemented as soon as possible. The Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) are two U.S. government-sponsored enterprises established to support the mortgage market. Their primary function is to purchase mortgage loans from banks and other lenders and package them into mortgage-backed securities to ensure liquidity and reduce risks for lenders. Their activity enables banks to issue more mortgage loans, supporting stability and affordability in the housing finance market. Previously, crypto-assets weren’t included in credit risk assessment procedures used by Fannie Mae and Freddie Mac unless they were first converted into fiat currency. This approach significantly limited access to mortgages for potential borrowers holding substantial digital assets. According to the FHFA order, cryptocurrency is now considered a promising asset class capable of complementing existing liquidity sources beyond traditional stock and bond markets. The FHFA officially acknowledged that considering additional borrower assets, such as cryptocurrency, can improve the completeness and accuracy of evaluating an applicant’s financial stability. At the same time, crypto must be held on the balance sheet of a U.S.-regulated centralized platform and comply with legal standards. According to the directive, Fannie Mae and Freddie Mac must develop their own risk assessment methodologies that account for the volatility of the cryptocurrency market and the share of such assets in the overall reserve structure. All changes must be pre-approved by the respective enterprise’s Board of Directors and coordinated with the FHFA before implementation. The FHFA’s step comes amid an intensifying housing crisis in the U.S. According to Statista data, the value of issued mortgage loans in the U.S. fell to a record low of $851 billion in mid-2024. The main causes of this decline are rising interest rates and a shortage of affordable housing. To address these issues, the FHFA plans to explore the use of crypto-assets in the context of mortgage eligibility. Pulte stated that cryptocurrency could become an unconventional but viable source of capital for families previously excluded from the mortgage market. The regulator intends to consider the use of Bitcoin and other digital assets to expand borrower opportunities and reduce barriers to obtaining mortgages. Max Krupyshev, CEO of CoinsPaid, spoke about the prospects of using crypto as collateral in real estate. According to him, cryptocurrency enables access to real estate for new user categories. “Representatives of the IT business, freelancers, influencers — mostly young people who have digital assets but lack credit history in the traditional banking system. For them, mortgages are practically inaccessible. However, this could change over the next 3–7 years thanks to crypto initiatives in the mortgage market,” Krupyshev stated. Real estate agents in the U.S. were previously granted the ability to officially accept cryptocurrency payments.
US Housing System Officially Recognized Bitcoin and Crypto as Potential Mortgage Assets
Key Points US Director of Federal Housing FHFA has officially recognized crypto as a potential mortgage asset. On June 26, Bitcoin surpassed $108,000, amidst market optimism and continued adoption. On June 26, Bitcoin’s price reclaimed $108,000 amidst continued institutional adoption and a boost of optimism stemming from the latest reports in the US. William J. Pulte, the Director of the Federal Housing Finance Agency (FHFA), announced that crypto will be considered as an asset for mortgages. BTC and Crypto Could Be Considered as Assets for Single-Family Loans In a post on X, on the evening of June 25, Pulte shared a message announcing that after sigificant studying, and in line with the US President, Donald Trump’s vision to make the US the crypto capital of the world, he ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count crypto as an asset for a mortgage. Fannie Mae is the Federal National Mortgage Association, a government-sponsored enterprise (GSE) and a publicly traded company that plays an important role in the US housing market. Freddie Mac, the Federal Home Loan Mortgage Corporation, is supporting America’s homeowners and renters while serving as a stabilizing force in the US finance system. After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage. SO ORDERED pic.twitter.com/Tg9ReJQXC3 — Pulte (@pulte) June 25, 2025 Crypto – An Opportunity to Build Wealth Outside of Traditional Markets The official order posted by Pulte on X issues a Directive to consider crypto as an asset for single-family loans, and it was delivered to the two companies that have a pivotal role in the US finance system. The document mentions crypto as an emerging asset class that may offer an opportunity to build wealth outside of the stock and bond markets. According to the notes, even though crypto has not been typically considered in the mortgage risk assessment process for mortgage loans delivered to enterprises without converting it to fiat before loan closing. Now, the FHFA determined that the consideration of additional borrower assets in the enteerprises’ single-family mortgage loan risk assesments may enable them to asses the full spectrum of asset data available for resevers and to facilitate sustainable homeownership to creditworthy borrowers. The two enterprises will have to prepare a proposal for considering crypto as an asset for reserves in their single-family mortgage loan risk assessments without converting it to US dollars. The enterprises can consider only crypto assets that can be evidenced and stored on US-regulated centralized exchanges. Crypto-related risks also have to be taken into consideration. Today, BTC price surged amidst a new wave of optimism in the crypto space. Bitcoin Surpassed $108,000 on June 26 At the moment of writing this article, BTC is trading above $107,000, up by more than 1% in the past 24 hours. Earlier on June 26, BTC surpassed $108,000. BTC price in USD today Michael Saylor also marked the important event regarding Bitcoin and crypto’s recognition by the US housing system, saying that this is a defining moment for institutional BTC adoption and collateral recognition. Bitcoin ‘s price is supported by the continued global adoption, rising institutional interest, and the end of the Iran-Israel war.
FHFA May Include Bitcoin as Asset in Fannie Mae and Freddie Mac Mortgage Risk Assessments
The Federal Housing Finance Agency (FHFA) has officially integrated cryptocurrencies into mortgage risk assessments for Fannie Mae and Freddie Mac, signaling a pivotal shift in US housing finance policy. This landmark decision allows digital assets to be recognized as reserve assets, streamlining the borrowing process for crypto holders without requiring conversion to fiat currency. According to FHFA Director William J. Pulte, this move is the result of extensive analysis and aligns with the broader objective of positioning the United States as a global leader in cryptocurrency adoption. FHFA’s new directive includes cryptocurrencies in mortgage risk calculations, enhancing loan accessibility and reflecting the growing role of digital assets in US housing finance. FHFA’s Directive Marks a Milestone in Crypto Integration within US Mortgage Lending The Federal Housing Finance Agency’s recent announcement to incorporate cryptocurrencies as recognized assets in mortgage risk assessments represents a significant evolution in the regulatory landscape. This policy change, affecting Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) central to the US housing market, acknowledges the increasing legitimacy and financial influence of digital currencies. By allowing crypto holdings to be counted directly as reserve assets, the FHFA eliminates the previous requirement for borrowers to liquidate these assets into US dollars before qualifying for loans. This adjustment not only expedites the mortgage approval process for crypto-asset holders but also reflects a broader institutional acceptance of blockchain-based financial instruments. Implications for Borrowers and the US Housing Market For prospective homebuyers holding cryptocurrencies, this directive could lower barriers to entry by expanding the pool of acceptable collateral. Traditionally, lenders have relied on liquid fiat assets to assess borrower solvency, often disregarding the growing wealth stored in digital currencies. The FHFA’s decision signals a shift towards more inclusive underwriting standards, potentially increasing liquidity in the housing market. Moreover, this move may encourage further innovation in mortgage products tailored to crypto investors. Industry analysts suggest that recognizing crypto assets in loan risk models could stabilize borrowing costs and enhance credit access, particularly for younger demographics who are more likely to hold digital assets. Regulatory Context and Alignment with National Crypto Strategy The directive issued by FHFA Director William J. Pulte comes amid a broader federal initiative to foster cryptocurrency adoption within the United States. Since the 2008 financial crisis, Fannie Mae and Freddie Mac have operated under government conservatorship, focusing on market stability and liquidity. Integrating cryptocurrencies into their risk frameworks aligns with President Donald Trump’s administration’s agenda to position the US as a global crypto hub. This regulatory evolution reflects a pragmatic approach to emerging financial technologies, balancing innovation with risk management. By formally recognizing digital assets, the FHFA sets a precedent for other regulatory bodies to consider similar adaptations in their frameworks. Expert Perspectives from COINOTAG William J. Pulte emphasized that the decision followed “significant studying” and was designed to modernize risk assessment methodologies. COINOTAG sources highlight that this approach could serve as a blueprint for integrating other non-traditional assets into financial regulations. Experts note that while volatility remains a concern, the increasing market capitalization and institutional adoption of cryptocurrencies justify their inclusion as reserve assets. This development may also prompt secondary markets and lenders to innovate new financial products that leverage blockchain technology, further embedding crypto into mainstream finance. Future Outlook: Bridging Traditional Finance and Digital Assets The FHFA’s directive is likely to catalyze further integration of cryptocurrencies into conventional financial systems. As digital assets gain recognition in mortgage lending, other sectors may follow suit, potentially reshaping credit markets and asset management strategies. Stakeholders are encouraged to monitor regulatory updates closely and consider the implications for portfolio diversification and risk assessment. This policy change underscores the necessity for financial institutions to adapt to evolving asset classes and consumer preferences, ensuring competitiveness in a rapidly digitizing economy. Conclusion The inclusion of cryptocurrencies in mortgage risk assessments by the FHFA marks a transformative moment for US housing finance and digital asset regulation. By validating crypto holdings as reserve assets, this directive enhances loan accessibility and aligns with national objectives to lead in cryptocurrency adoption. As the financial ecosystem continues to evolve, this development highlights the growing convergence between traditional finance and blockchain innovation, setting the stage for more inclusive and dynamic lending practices. In Case You Missed It: Paul Atkins’ SEC Crypto Policy Review Could Influence Bitcoin Market Dynamics
US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models
US Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac treat cryptocurrency reserves as eligible assets when they measure risk on single-family mortgage loans, effective immediately. The two government-sponsored enterprises must draft plans that show how they will recognize borrower crypto holdings without first converting the coins to dollars. Strict collateral rules and board oversight Pulte’s signed directive instructs each enterprise to limit recognition to cryptocurrency that sits in wallets controlled by US-regulated centralized exchanges. The order also requires the enterprises to add risk mitigants that account for market volatility and to keep reserve ratios that reflect the share of collateral held in digital assets. Additionally, each enterprise must secure board approval before it submits the completed proposal to the FHFA conservator for review. The order is effective immediately. Fannie Mae and Freddie Mac purchase and securitize the majority of conforming US residential mortgages. Their risk models determine the amount of capital they must hold against potential credit losses. By allowing crypto reserves to enter those models, Pulte aims to widen the asset information available for underwriting and “facilitate sustainable homeownership to credit-worthy borrowers,” according to the text of the directive. Risk-adjusted frameworks The directive instructs each enterprise to develop an assessment that integrates crypto reserves into its existing loan risk framework. That assessment must describe how the enterprise will value cryptocurrency, apply haircuts, and adjust for daily price swings. The directive also requires an analysis of how crypto reserves interact with other borrower assets and liabilities. After board approval, each enterprise must send the proposal to FHFA for sign-off before implementation. By invoking the authority to issue binding instructions that alter underwriting or capital standards, Pulte accelerated a process that otherwise would have needed rulemaking or legislative action. The order does not change conforming loan limits or documentation requirements but expands the categories of qualifying reserves. Broader national crypto policy Pulte announced the action on his social media account the same day, writing that he acted “in keeping with President Donald Trump’s vision to make the US the crypto capital of the world.” He added: “Today is a historic day in the cryptocurrency industry.” The directive follows months of internal study, according to Pulte’s remarks. The order does not specify which coins qualify. Still, the reference to US-regulated exchanges limits the pool to tokens listed on venues that follow federal know-your-customer and anti-money laundering rules. Both enterprises must begin work on the proposals “as soon as reasonably practical,” the directive states. Pulte committed the agency to review each plan once the boards submit them but did not set a public deadline for submission. The order remains in force unless FHFA rescinds or modifies it. The post US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models appeared first on CryptoSlate.
FHFA Examines Crypto Holdings for Mortgage Eligibility
Key Points: Main event, leadership changes, market impact, financial shifts, or expert insights. Crypto assets in mortgage qualifications studied. Potential access expansion for digital wealth holders. FHFA Examines Crypto Holdings for Mortgage Eligibility FHFA’s study represents a significant shift in considering cryptocurrency for mortgage qualifications, potentially reshaping lending dynamics for digital asset owners. The Federal Housing Finance Agency (FHFA), under Director William J. Pulte, is exploring cryptocurrency’s role in U.S. mortgage applications, assessing assets like Bitcoin (BTC), Ethereum (ETH), and stablecoins. This study could lead to transformative changes in mortgage eligibility criteria. Pulte, leveraging his dual background in real estate and cryptocurrency, announced the FHFA’s focus on integrating crypto holdings in mortgage qualifications. This marks a significant alignment of digital assets with traditional financial services. The study aims to address crypto investors locked out of conventional mortgage lending, potentially making homeownership more accessible. The inclusion of digital assets could revolutionize mortgage criteria, empowering those with significant wealth in BTC and stablecoins. Analysts predict the study may influence liquidity patterns for BTC and stablecoins if such assets are included in underwriting criteria. Market expectations include crypto-conversions for mortgage applications, impacting crypto demand and traditional fiat accounts. “We will examine the applicability of cryptocurrency holdings in the application for mortgage qualification.” – William J. Pulte, FHFA Director, Federal Housing Finance Agency. Expert opinions suggest significant potential changes in regulatory stances on digital assets. If successful, this could legitimize cryptocurrencies in traditional finance, altering perceptions and financial strategies for both consumers and lenders. The FHFA’s initiative, though in initial stages, engages industry observers and investors, fueling discussions on the future role of digital currencies in the broader financial ecosystem. The eventual outcome could set a precedent for the integration of digital currencies in formal financial systems, emphasizing the growing relevance of crypto assets.
Trump Media Authorizes $400M Stock Buyback, Separate from Bitcoin Strategy
Key Points: Trump Media initiates $400 million stock buyback. Buyback funds separate from Bitcoin strategy. Shareholder value boost amid stock price drop. Trump Media Authorizes $400M Stock Buyback Trump Media & Technology Group has authorized a $400 million stock buyback program, entirely separate from its $2.3 billion Bitcoin treasury strategy. The initiative aims to support shareholder value following recent share price declines. This stock buyback program may boost shareholder confidence and stabilize shares, while the Bitcoin strategy indicates a significant digital asset market entry, possibly impacting Bitcoin’s market dynamics. Trump Media & Technology Group, led by Donald J. Trump, has embarked on a $400 million stock buyback program. The repurchase plan is separate from Trump Media’s $2.3B bitcoin treasury strategy. Separate funding sources underline the company’s distinct monetary strategies in light of its huge Bitcoin treasury plans. This latest move involves Trump Media and impacts its NASDAQ-listed entity, $DJT. The company asserts a clear separation of this buyback from its Bitcoin ambitions , aiming for share price support amid declines. Market observers note that Trump Media’s buyback could influence shareholder sentiments , while the Bitcoin strategy reflects its digital asset market expansion. Donald J. Trump’s leadership continues to frame these initiatives. Financial and strategic outcomes may materialize as this buyback unfolds , potentially altering Trump Media’s market positioning. Concurrently, its Bitcoin strategy might lead to shifts in cryptocurrency markets, considering historical trends from firms like MicroStrategy. Further analysis suggests potential regulatory attention may rise due to the company’s scale and initiatives. These strategies demonstrate how legacy institutions are interacting with digital finance, reflecting ongoing market evolution .
Trump holds the kill switch on Europe’s internet, and he could blow it up any second now
Donald Trump is back in charge of the most powerful nation on earth, and Europe is finally realizing what that means for its internet. The entire continent’s digital infrastructure is held together by US-owned cloud services, and Trump now holds full political control over the tech giants running them. As reported by Politico, European lawmakers, tech leaders, and industry experts are treating this as a real emergency. Europe’s internet runs mostly on Amazon , Microsoft, and Google servers. These three companies control more than two-thirds of Europe’s cloud computing market. Everything from government emails to crypto exchange data runs through these platforms. Cloud computing is what keeps the European digital economy alive, and all of it can be unplugged from Washington, and it already happened to the International Criminal Court’s chief prosecutor. European lawmakers fear a kill switch order After Trump returned to power earlier this year, tech executives and policymakers across Europe started warning that the White House could issue direct orders to shut down services. “It is no longer reasonable to assume that we can totally rely on our American partner,” said Matthias Ecke, a German Social Democrat in the European Parliament. He warned that European data could be seized, or infrastructure could be blocked with zero notice, seeing as Trump has the well-known tendency to be extremely petty. Alexander Windbichler, CEO of Austrian cloud firm Anexia, said the European cloud sector has failed to act politically. “I never expected that the US would be threatening to take Greenland away,” Windbichler said. “It’s crazier than shutting down the cloud.” He admitted that European firms like his focused too much on performance and ignored the dangerous level of dependence on US infrastructure. See also Starlink rival Eutelsat stock jumps 22% after $1.56 billion boost from French government Microsoft has already been used to enforce Trump’s foreign policy. In May, ICC prosecutor Karim Khan lost access to his Microsoft-hosted email after the US sanctioned him for issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu. Microsoft gave no details, saying only: “At no point did Microsoft cease or suspend its services to the ICC.” Aura Salla, a former Meta lobbyist and now a center-right member of the European Parliament, responded to that episode by saying , “Naturally, US companies must comply with US law,” and warned, “for Europeans, this means we cannot trust the reliability and security of US companies’ operating systems.” Brad Smith, Microsoft’s president, admitted that the risk of a US-ordered shutdown in Europe is now taken seriously. He called it “a real concern of people across Europe,” but still claimed it’s “exceedingly unlikely.” Microsoft added a clause in its contracts with European governments to resist such orders and promised to fight suspensions in court. Meanwhile, Amazon said it would do “everything practically possible” to maintain service if sanctions ever came down. Cloud giants admit they might not be able to resist Trump Cristina Caffarra, tech economist and honorary professor at University College London, pointed out the real issue: “If that political dimension turns hostile, how credible is it that companies with the best intentions can challenge their president?” Benjamin Revcolevschi, CEO of French company OVHcloud, compared it to a tap. “Cloud is like a tap of water. What if at some moment the tap is closed?” That’s the scenario European governments are now openly preparing for. And the fear is no longer theoretical. See also China's EV makers brace for domestic hit as subsidies run out To address this dependency, Brussels is looking at a certification label that would guarantee cloud services can’t be interrupted by foreign governments. But the proposal has been stuck in limbo. France wants the label to protect local infrastructure from the US Cloud Act, but other countries, like the Netherlands, are still reluctant to cut off American providers. That resistance is slowly fading as more evidence piles up that Trump is willing to weaponize digital infrastructure. A freedom of information request revealed that the US State Department began pressuring the European Commission as early as September 2023. The Commission’s tech division refused to release their exchanges, saying it would “undermine relations” between the US and EU. But the lobbying campaign is confirmed and ongoing. The only long-term fix being considered is EuroStack, a €300 billion European digital infrastructure plan designed to replace US dominance. The goal is to build a self-reliant system, from physical servers to software, that’s entirely controlled by Europe. The EuroStack initiative is backed by tech economists and industry players and pushes three demands: “Buy European,” “Sell European,” and “Fund European.” It includes plans for massive funding, government quotas for local tech firms, and a new sovereign tech fund. Jörg Kukies, Germany’s former finance minister, told reporters in April that the problem is urgent but warned there are no real alternatives yet. “There simply aren’t sufficient alternatives to the offerings by the American digital industry,” he said. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Bank of America, Netflix and Apple Customers Targeted by Widescale Google Search Scams: Report
Cybercriminals are reportedly engineering fraudulent search results to trick unsuspecting victims seeking tech support assistance. Jérôme Segura, the senior director of research at the antivirus firm Malwarebytes, says the criminals use sponsored search results on Google to trick people looking for 24/7 support for Apple, Bank of America, Facebook, HP, Microsoft, Netflix and PayPal. The fake advertisements take people to copycat websites that imitate the sites of those big brands mentioned above. Instead of posting a real tech support phone number, the sites direct people to call scam numbers, Segura explains. “The browser address bar will show that of the legitimate site, and so there’s no reason for suspicion. However, the information the visitor sees will be misleading, because the search results have been poisoned to display the scammer’s number prominently in what looks like an official search result. Once the number is called, the scammers will pose as the brand with the aim of getting their victim to hand over personal data or card details, or even allow remote access to their computer. In the case of Bank of America or PayPal, the scammers want access to their victim’s financial account so they can empty it of money.” Source: Malwarebytes Segura warns that people seeking tech support online should be aware of various scam warning signs, like a phone number in the URL and encoded characters like the %20 (space) and %2B (+ sign), along with phone numbers. The malware researcher also says people should look out for websites that display urgent language like “Call Now,” “Account suspended,” and “Emergency support,” as well as similarly urgent language in the address bar of the browser. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney
Dark market activity on Telegram persists despite $27B Huione ban – Elliptic
Telegram-based dark markets rapidly filled the gap left by Huione Guarantee after the $27 billion marketplace disappeared on May 13, according to a June 23 Elliptic report. Elliptic noted that Telegram banned thousands of Huione Guarantee channels and usernames once researchers traced billions of USDT-denominated sales to pig-butchering scams. However, data shows that merchants immediately moved to Tudou Guarantee, a rival in which Huione owns a 30% stake. On-chain data recorded incoming USDT at Huione falling to near zero after the ban, while Tudou’s user count more than doubled, with inflows matching Huione’s pre-shutdown volumes. Guarantee markets operate in Chinese on Telegram and settle exclusively in USDT. Vendors supply stolen data, money laundering pathways, and other services essential to large-scale online fraud. The escrow model lets buyers and sellers resolve disputes without exposing real identities, and Tether’s dollar peg eliminates local currency volatility. Distinct payment rail from Huione Pay Observers sometimes confuse Huione Guarantee with Huione Pay, a Cambodia-based payment firm still processing large USDT volumes. Elliptic separated the two through wallet analysis and noted that Huione Pay’s traffic remained high even after FinCEN labeled the parent Huione Group “a financial institution of primary money laundering concern” and proposed cutting its US access. Elliptic tracked more than 30 active Guarantee markets and warned about fake venues that target inexperienced criminals. Tudou led the post-shutdown surge, but smaller competitors also gained users as merchants duplicated listings across platforms. Ecosystem adapts to channel bans The closure of the Huione Guarantee sent temporary shock waves through a network of hundreds of thousands of scammers, intermediaries, and brokers across Southeast Asia and China. Elliptic’s data showed no enduring decline in overall Guarantee-market volume one month later, indicating that liquidity migrated swiftly to replacement channels. The report concluded that coordinated, sustained, removals will be required to disrupt an ecosystem built on Telegram escrow and USDT settlements. Huione Guarantee’s downfall disrupted one node, but the broader dark market structure continues to expand within the messaging app. The post Dark market activity on Telegram persists despite $27B Huione ban – Elliptic appeared first on CryptoSlate.
Trump Launches U.S. Strategic Bitcoin Reserve Policy
Key Takeaways: Main event: Trump launches strategic Bitcoin reserve initiative. Focus on crypto asset management. Potentially reshapes U.S. financial landscape. Trump Launches U.S. Strategic Bitcoin Reserve Policy Donald J. Trump, President of the United States, has signed an executive order establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile on U.S. soil as of 2025. This move signifies a monumental shift in U.S. digital asset strategy, with significant implications for global cryptocurrency markets . The executive order by President Trump aims to position the U.S. as a leader in the digital assets sector. Establishing the Strategic Bitcoin Reserve involves using confiscated Bitcoin as a sovereign asset. This decision marks a departure from previous U.S. administrations’ crypto policies. Key figures involved include Donald J. Trump as the architect and the U.S. Treasury responsible for managing the new reserves. Congressman Stephen F. Lynch opposes the initiative with the “Stop TRUMP in Crypto Act.” The policy aims at securing digital assets without burdening taxpayers. The policy has wide-reaching effects on market dynamics, particularly Bitcoin’s role as a reserve asset. Industry insiders are examining its impact on overall market liquidity and possible regulatory precedents. Meanwhile, Trump’s memecoin’s market value sharply declined , illustrating volatile investor sentiment. Financially, the policy centers on budget-neutral asset allocation. Politically, it invites debate over regulatory boundaries and transparency in asset management. The broader implications may include shifts in global cryptocurrency market dynamics. Insights from industry analysts suggest potential shifts in U.S. and global financial strategies. The U.S. Strategic Bitcoin Reserve could impact regulatory frameworks and influence international negotiations over digital asset governance. Continued scrutiny and adjustments are anticipated in financial policy circles. “Today, President Donald J. Trump signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning the United States as a leader among nations in government digital asset strategy.” – Donald J. Trump, President of the United States
Max Keiser Predicts $800K BTC from ‘Bond Apocalypse,’ Markets Eye $93K
At the time of this writing, Bitcoin (BTC) was a couple of hundred dollars under $103,000, after dipping 4% in 24 hours, but Max Keiser is suggesting this volatility is mere tremors before a seismic surge to $800,000. In a sit-down with Bitcoin Magazine’s Isabella Santos, the legendary BTC prophet claimed that the 10-year Japanese Government Bond (JGB) yield is the “lynchpin” threatening financial collapse and triggering Bitcoin’s epic moon mission. The Road to $800K In the interview , the Bitcoin bull laid out a doomsday scenario that could potentially lead to an astronomical spike in the king cryptocurrency’s price: “There is one piece of data that is the lynchpin of the entire global financial system… It’s the rate of interest on the 10-year Japanese bond,” Keiser declared. Currently, the yield is at about 3.5%, and any higher, the market watcher warned, could potentially lead to the collapse of the decades-long “yen carry trade,” where Wall Street borrowed near-zero-yen to fuel speculative investments. “The Japanese economy is going to have to start selling U.S. Treasury bonds to stay solid, which would create a cascading event, what I call the bond apocalypse, where the global bond market crashes.” He stated that if this were to happen, then trillions of dollars’ worth of capital would flee collapsing government debt and rush straight into BTC. “In that environment, Bitcoin spikes to $500,000, $600,000, $800,000.” Bearish Caution While Keiser’s prediction might have gotten the crypto community on X talking, the market remains rather tense and confused. Pseudonymous trader Mr Wall Street hinted at a potential short-term nosedive to the $93,000 to $95,000 range, warning that the charts were “screaming for lower.” Still, voices of resilience have been piping up, with analyst Axel Adler Jr. pointing to rising long liquidation dominance without a major price crash as a “good signal,” suggesting strong underlying buyer support. Additionally, on-chain sleuth DeFiTracer sees cooling Middle East tensions due to Iran’s apparent openness to talks as well as Fed member Christopher J. Waller’s signal for July rate cuts as bullish signals. He suggested these catalysts are quietly shifting markets from uncertainty “into the trust phase.”
US Establishes Strategic Bitcoin Reserve Impacting Market Dynamics
Key Points: Main event: Creation of the US Bitcoin Reserve. Affects market scarcity and institutional demand. Signals increased official interest in Bitcoin. US Establishes Strategic Bitcoin Reserve Impacting Market Dynamics US President Donald J. Trump recently signed an Executive Order to create a Strategic Bitcoin Reserve . The move establishes the United States’ position in the evolving digital financial landscape and directly impacts Bitcoin’s market dynamics. The Strategic Bitcoin Reserve The US government’s Strategic Bitcoin Reserve marks a pivotal shift in state involvement in digital assets. President Donald J. Trump emphasized the importance of positioning the US at the forefront of this financial arena. “By establishing the Strategic Bitcoin Reserve, we are ensuring that America remains at the forefront of the digital asset revolution and is prepared for an ever-evolving global financial landscape.” — President Donald J. Trump Michael Saylor from MicroStrategy has been advocating for corporate investment in Bitcoin. His firm has accumulated substantial amounts, shaping demand. The Reserve might heighten supply constraints due to reduced circulation. Shifting Market Dynamics Market dynamics are shifting as governmental integration prompts a scarcity in active Bitcoin availability. Institutional accumulation indicates long-held conviction in Bitcoin’s financial utility. Financial analysts suggest the move could prompt regulatory discussions. Technological advancements in Bitcoin infrastructure might emerge, enhancing its regulatory acceptance and economic integration. Historical trends of increased institutional holdings suggest potential further scarcity and price appreciation as the circulating supply diminishes.
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