The FHFA directive on crypto in mortgage risk assessments risks excluding self-custodied assets, potentially increasing counterparty risk for homebuyers. Opinion by: Margaret Rosenfeld, chief legal officer of Everstake The Federal Housing Finance Agency’s (FHFA) recent directive to explore how cryptocurrency might be included in single-family mortgage risk assessments is a welcome and long-overdue step. If implemented, it could allow long-term crypto holders to use their digital assets when qualifying for a mortgage without being forced to liquidate them. Read more
Multiple chart technicals and indicators suggest that XRP price has the potential to stage a parabolic rally over the next few weeks. Key takeaways: XRP price just hit multiyear highs of $3.66, but technicals suggest there’s more room to run. Multiple XRP charts signal a potential “explosive” move, targeting $7-$20 if key resistances are broken. Read more
Spot Bitcoin ETFs have attracted over $6.6 billion in 12 days, boosting assets under management to $152.4 billion. Spot Bitcoin ETFs recorded a net inflow of $363 million on Friday, marking the twelfth consecutive day of net inflows amid strong investor interest. BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with a net addition of $496.75 million, strengthening its position as the largest spot Bitcoin (BTC) ETF with $86.50 billion in assets, according to data from SoSoValue. Fidelity’s Bitcoin ETF (FBTC) experienced a slight outflow, losing $17.94 million, while Grayscale’s Bitcoin Trust (GBTC) saw a larger outflow of $81.29 million despite managing $21.45 billion in assets. Ark’s Bitcoin Strategy ETF (ARKB) recorded a net outflow of $33.61 million. Read more
Crypto Week in the US ends with some victories for the crypto lobby, with the GENIUS Act headed to Trump’s desk. The US Congress has concluded its Crypto Week with the passage of the GENIUS Act and is sending other bills to the Senate after successful votes and no small amount of deliberation. The US crypto industry was jubilant as the House of Representatives passed the GENIUS Act — the industry’s flagship stablecoin bill — and sent it to the president’s desk for his signature. The stablecoin bill received bipartisan support after several rounds of revisions. The House also passed the CLARITY Act, the long-awaited market structure bill championed by the blockchain industry, as well as Republican Representative Tom Emmer’s bill that would ban the Federal Reserve from issuing a central bank digital currency (CBDC). Read more
A fake hardware wallet bought via TikTok led to a $6.9-million crypto theft; hackers are now targeting devices meant to keep funds safe. A person who bought what looked like a “sealed, brand-new” hardware wallet advertised on the Chinese version of TikTok was a victim of a $6.9-million crypto heist, losing all their funds in minutes. A late-night distress call to blockchain security firm SlowMist revealed one of 2025’s most devastating cryptocurrency thefts. Criminals are now exploiting the very security devices meant to protect users from online threats. It’s a sophisticated new threat in crypto fraud, and honestly, it’s a worry for many users to see hardware wallet tampering result in a multimillion-dollar criminal exploit. Read more
Ether is punishing shorts already, but another 10% ETH price upside will liquidate $1 billion, helping cement $4,000 in the process. Key points: Ether is currently forging a short squeeze that stands out in crypto history, says analysis. A 10% price increase would see another $1 billion in liquidated shorts. Read more
Charles Schwab plans to offer spot trading for Bitcoin and Ethereum, aiming to attract clients who want to consolidate crypto holdings with their traditional assets. Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster. In an interview with CNBC on Friday, Wurster said Schwab clients already hold significant exposure to crypto via exchange-traded products (ETPs), owning more than 20% of the industry’s crypto ETP market. However, he noted that crypto still represents a relatively small portion of clients’ total wealth, around $25 billion out of $10.8 trillion. “We anticipate launching Bitcoin (BTC) and Ether (ETH) sometime soon so that our clients have access to that,” he said. “We think that will be an acceleration of our growth.” Read more