Cynthia Lummis Proposes Bill To Include Digital Assets Like Bitcoin, Ethereum In Mortgage Lending, Targeting Younger Homebuyers

Sen. Cynthia Lummis (R-Wyo.) proposed a bill on Tuesday that seeks to incorporate cryptocurrencies into the mortgage eligibility process. What Happened: The proposed legislation, dubbed the 21st Century Mortgage Act, requires government-sponsored enterprises to consider digital assets, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), for single-family home loans. If passed,...
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ARK Invest Buys Another $15.3M Worth of Ether Strategy Firm BitMine Immersion

ARK Invest increased its investment in ether treasury company BitMine Immersion Technologies for a second straight day, buying $15.3 million worth of the shares on Tuesday. Cathie Wood’s investment management firm added 477,498 BMNR shares across its Innovation (ARKK), Next Generations Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds...
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FIS, Circle Team Up To Enable Stablecoin Transactions For Financial Institutions

Fidelity National Information Services Inc. (NYSE:FIS) has teamed up with Circle Internet Group Inc. (NYSE:CRCL) to facilitate the use of stablecoins by financial institutions. What Happened: The partnership between FIS and Circle will allow U.S. financial institutions to conduct transactions using the USDC stablecoin. This initiative follows the approval...
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Massive Move Incoming? PENGU Charts Flash Green

TL;DR TD Sequential flashes buy signal as RSI forms divergence, hinting at trend reversal for PENGU. The meme coin’s price holds trendline support near the channel bottom, setting up for a possible breakout. Over 563,000 holders and rising demand indicate vigorous network activity despite the recent price pullback. Technical...
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