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'Crypto will cause the next financial crisis': Precious metals boss
28.5.2021
Metalla Royalty & Streaming CEO Brett Heath has warned that crypto will “lead the charge into the next financial crisis” and questioned the true intrinsic value of Bitcoin
Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market
22.5.2021
The Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. One report notes that homebuyers...
Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets
5.5.2021
On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans...
Jim Cramer cashes out half his 'phoney money' Bitcoin to pay off mortgage
16.4.2021
CNBC host Jim Cramer says he’s “won,” cashing out half of his Bitcoin portfolio to pay off his mortgage, stating that it’s “phoney money paying for real money.”
Leading Mortgage Brokerage Ready to Accept Crypto Payments
9.4.2021
Canada’s leading mortgage brokerage company Matrix Mortgage Global has announced that it will accept payments in the form of cryptocurrencies in its latest press release on April 8. Clients can now pay for goods and services along with the Mortgage Agent Registration fee via BitPay. Matrix Mortgage...
Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing
31.3.2021
On Monday, the publicly-listed Canadian company Mogo announced the firm is extending the bitcoin rewards program applied to the firm’s prepaid Visa card to the operation’s Mogomortgage product. Mogo members leveraging the Mogomortgage platform can earn up to $3,100 in bitcoin if they...
Blockchain Mortgage Platform Figure Launches SPAC to Raise $250M
12.2.2021
Figure seeks to raise $250 million through the special purpose acquisition company, according to a regulatory filing on Thursday night
Pioneering Aussie engineer refinances home loan using DeFi in a single day
3.2.2021
After hitting a wall with banks, a borrower has turned to DeFi to pay off his mortgage
Bitcoin ETP Boom, Crypto & Zero, Mortgage & Cows On Blockchain + More News
15.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
German bitcoin exchange-traded product (ETP) from ETC Group has garnered volumes matching those of popular European funds, as BTCetc...
JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure
15.1.2021
The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions
Finally, a good reason to sell Bitcoin: Hodler liquidates to pay off parents’ mortgage
7.1.2021
Bitcoin HODLers are divided on whether now was the best time to sell. But mom and dad
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...
US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in Value
27.6.2020
The U.S. economy continues to look bleak as the American citizens and small businesses nationwide struggle to keep up with the government’s rules toward Covid-19 guidelines. In just 13 weeks, over 45 million Americans filed for unemployment benefits and many citizens cannot pay their...
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
28.5.2020
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto
Russia's Central Bank to Launch Blockchain-Powered Digital Mortgage Platform
28.5.2020
The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%
4.5.2020
According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict...
Bittrex Exec Joins Mortgage Giant Fannie Mae After Crypto Exchange’s Brush With NYDFS
22.4.2020
Reversing the pattern of government veterans jumping to crypto startups, Bittrex US’s former chief compliance and ethics officer has moved to Fannie Mae
Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market
3.4.2020
The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage...
Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon
1.4.2020
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts...