Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says
Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
Bernstein is bullish on Bitcoin miners as they increasingly power the AI boom, assigning “Outperform” ratings to TeraWulf and Cipher Digital.
June 4, 2026, 4:32 pmBitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the larger role in the market’s decline. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT, bitcoin was trading between $63,500 and $64,500.
June 4, 2026, 3:45 pmCoinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.
MicroStrategy’s unrealized loss is at an all-time high following Bitcoin’s plunge below sixty-two thousand dollars, sending the company’s treasury investment into the red big time. The loss is sitting near $10.8 billion, putting Strategy down about 17% on its Bitcoin position after six years of buying.
Veteran trader Peter Brandt believes that Bitcoin (BTC) will soon revisit the $50,000 range. Brandt tells his 1 million followers on X that Bitcoin is forming an expanding triangle pattern on the daily chart and may decline more than 14% from its current value.
A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer.
Bitcoin falls 13% to near $62K as Strategy's BTC sale, $4.2B in ETF outflows and macro headwinds pressure crypto markets.
DDC Enterprise Limited, the NYSE-listed Asian food platform behind the Daydaycook brand, disclosed on June 3, 2026, that it acquired an additional 90 BTC, bringing total corporate bitcoin holdings to 2,804 BTC.
Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.
Bitcoin is down over 16% in the past week, falling from a high of around $76k to currently trading at $62k mark. The largest cryptocurrency is now down roughly 50% from its all time high set in October last year. Heavy ETF outflows, bearish headlines from Mt.
The Treasury chief told senators the administration is using “best practices” in implementing Trump's Bitcoin reserve order.