Bitcoin (BTC) fell below $60,000 on 5 Jun, extending a week-long selloff that has pushed the cryptocurrency down more than 17% over the past week as a stronger-than-expected US jobs report dashed investor hopes for an interest-rate cut anytime soon.
Bitcoin (BTC) fell below $60,000 on 5 Jun, extending a week-long selloff that has pushed the cryptocurrency down more than 17% over the past week as a stronger-than-expected US jobs report dashed investor hopes for an interest-rate cut anytime soon.
US crypto exchange Coinbase partnered with online mortgage lender Better Home & Finance to fund the first government-sponsored mortgage where the borrower's down payment is covered by a second loan collateralised by Bitcoin (BTC).
Brian Armstrong is the co-founder and CEO of Coinbase, the largest publicly traded cryptocurrency exchange in the United States.
"I bought my first Bitcoin in 2014 and, by the way, I haven’t sold any since then. I’m a believer in all crypto."
Exchange operators are increasingly offering ways for traders to bet on companies before they go public, with Coinbase joining Binance and other platforms in launching SpaceX-linked products ahead of what is expected to be one of the largest public offerings of all time.