Second-largest U.S. mortgage lender ditches its plan to simply accept funds in bitcoin

Second-largest U.S. mortgage lender ditches its plan to simply accept funds in bitcoin

[ad_1] U.S. homebuyers apparently aren’t all that keen on paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made its public debut in January through a particular goal acquisition (SPAC) merger, began piloting crypto payments in August in a primary for the business. However CEO Mat Ishbia now tells CNBC that after testing it out, … Read more

Russia’s Putin says crypto has ‘worth’ — however perhaps not for buying and selling oil

Russia's Putin says crypto has 'worth' — however perhaps not for buying and selling oil

[ad_1] Russian President Vladimir Putin delivers a speech in the course of the Russian Power Week occasion on October 13, 2021 in Moscow, Russia. Mikhail Svetlov | Getty Pictures Russian President Vladimir Putin thinks cryptocurrencies have worth — however he is not satisfied they will exchange the U.S. greenback in settling oil trades. Some months … Read more

Bitcoin and ether slide as China intensifies crackdown on cryptocurrencies

Bitcoin and ether slide as China intensifies crackdown on cryptocurrencies

[ad_1] Bitcoin and ether tumbled Friday, with merchants rattled by robust speak out of China. The value of bitcoin fell about 5% to $42,496.12, in line with Coin Metrics information. Ether, the second-largest digital foreign money, dropped 7% to $2,921.53. It comes after the Folks’s Financial institution of China said in a Q&A that all … Read more