Welcome>to US Cryptocurrency Morning Briefing. We will briefly summarize today's important cryptocurrency developments.
The boundaries between Bitcoin (BTC) and traditional finance (TradFi) are unexpectedly blurring. Fannie Mae and Mae and Freddie Mac, major US mortgage companies, are preparing to accept Bitcoin as an asset in mortgage applications. But there are conditions!
Using Bitcoin Collateral... Difficulties Due to Custody Restrictions
Recently, BeInCrypto reported that the that regulatory agency FHexploring using cryptocurrency as mortgage collateral.
FHFA cryptocurrency held on US regulated exchanges as mortgage loan qualification without converting to dollars suggests a potential change in housing credit models.
While this sounds like a victory for development, experts warn this milestone may come with conditions.
"Self-custodied Bitcoin will not be considered as housing loan assets. This is a mistake. Self-custody fundamentally aligns with American values. Proving ownership of self-custBTC is trivial." – Self-custody expert Nick Newman wrote.
Swan also shared similar opinions, helping high-net-worth Bitcoin holders with advanced custody custody, estate planning, and concierge onboarding.
Bitcoin financial service companies view this breakthrough as a double-and edged sword. Currently. Currently, only Bitcoin stored on US regulated platforms qualifies.
"Bitcoin is being added to the mortgage system. This is a victory, but don't beed Bitcoin is not stored in a platforms a way the state can see, it still 'does not exist.'" – Swan wrote.
This means sovereign custody methods like cold storage and multisig wallets remain invisible to the mortgage system.
This distinction highlights a larger debate at the the intersection of cryptocurrency (DeFi) and traditional finance (TTrad):FWho controls the controls the p>the keys?
Currently, the mortgage system only only recognizes assets within regulated banking boundaries. This means Bitcoin stored stored on centrcentralized platforms like Coinbase can qualify for housing housing loans.
However, if personally stored on hardware wallets or distributed through multisig setups, they do not qualify, at least for now.
"This isn't about adoption versus resistance. It's about conditional adoption. You can participate. But your Bitcoin must follow their rules. Rules for control." – Swan added.
This policy change represents what Swan calls a "Stage 2" disruptive technology approach by traditional systems: first ignore, then invite but on their terms, with the final stage potentially including penalties for non> non-compliant users.
Although currently excluded from mortgage assessments, Swan believes lenders will eventually have to consider these ownership forms as legitimate legitimate financial collateral as adoption deepens.
"The deeper the adoption, the more pressure lenders will face to recognize properly custodied Bitcoin. Eventually, the safest form of money will unlock the most flexible capital." – Swan added.
Until then, Bitcoin holders must choose between financial inclusion and financialials sovereignty, with Swan recommending customers not accept this as a permanent compromise.
In the era of adoption by invitation, not all Bitcoin appears equal, which is crucial.
While some argue Bitcoin cannot be seized in case of default, it's worth noting BTC need not be seized as collateral.
Particularly, Bitcoin proves an individual's total net worth to assess repayment risk if suddenly losing a job and consequently losing wages.
Today's Chart
Newsof US cryptocurrency:- S&P 500 is now available on-chain through Centrifuge. Here is all the information you need to know.
- Want to exchange cryptocurrency for stocks? Kamino and PancakeSwap are boosting Solana DeFi.
- Connecticut Governor Lamont signs bill prohibiting digital asset investments.
- Bitcoin bulls are watching for a historic breakthrough. July seasonal pattern shows positive signals.
- Crypto market reacts to Musk-Trump clash: Hasn't the worst situation arrived yet?
- American Express Fed update fuels Ripple integration rumors.
- Hashflow (HFT) leads DEX tokens with over 100% surge — what are the driving factors?
- Bitmain's $250 million Ethereum bet led to 695% stock surge, and Tom Lee joins as chairman.
- Is the cryptocurrency stock rally losing momentum? Ark Invest sells Coinbase and Circle stocks.
Cryptocurrency Stock Pre-Market Overview
Company June 30 Closing Price Pre-Market Overview Strategy (MSTR) $404.23 $396.49 (-1.91%) Coinbase Global (COIN) $350.49 $339.49 (-3.14%) Galaxy Digital Holdings (GLXY) $21.90 $21.86 (-0.18%) Marathon Holdings (MARA) $15.68 $15.28 (-2.55%) Riot Platforms (RIOT) $11.30 $11.07 (-2.04%) Core Scientific (CORZ) $17.07 $16.75 (-1.87%)
Cryptocurrency Stock Market Opening Race: Google Finance
Newsof US cryptocurrency:- S&P 500 is now available on-chain through Centrifuge. Here is all the information you need to know.
- Want to exchange cryptocurrency for stocks? Kamino and PancakeSwap are boosting Solana DeFi.
- Connecticut Governor Lamont signs bill prohibiting digital asset investments.
- Bitcoin bulls are watching for a historic breakthrough. July seasonal pattern shows positive signals.
- Crypto market reacts to Musk-Trump clash: Hasn't the worst situation arrived yet?
- American Express Fed update fuels Ripple integration rumors.
- Hashflow (HFT) leads DEX tokens with over 100% surge — what are the driving factors?
- Bitmain's $250 million Ethereum bet led to 695% stock surge, and Tom Lee joins as chairman.
- Is the cryptocurrency stock rally losing momentum? Ark Invest sells Coinbase and Circle stocks.
Cryptocurrency Stock Pre-Market Overview
| Company | June 30 Closing Price | Pre-Market Overview |
| Strategy (MSTR) | $404.23 | $396.49 (-1.91%) |
| Coinbase Global (COIN) | $350.49 | $339.49 (-3.14%) |
| Galaxy Digital Holdings (GLXY) | $21.90 | $21.86 (-0.18%) |
| Marathon Holdings (MARA) | $15.68 | $15.28 (-2.55%) |
| Riot Platforms (RIOT) | $11.30 | $11.07 (-2.04%) |
| Core Scientific (CORZ) | $17.07 | $16.75 (-1.87%) |
