Bloomberg: Former Coral Capital executives are aiming to raise $100 million to accumulate BNB tokens.
They plan to close the fundraising round later this month, rename a little-known Nasdaq-listed company to Build & Build Corporation, and begin acquiring BNB.
Coral Capital (Coral DeFi) is a private hedge fund focused on DeFi and crypto assets.
#Source
#PFTCNEWS
They plan to close the fundraising round later this month, rename a little-known Nasdaq-listed company to Build & Build Corporation, and begin acquiring BNB.
Coral Capital (Coral DeFi) is a private hedge fund focused on DeFi and crypto assets.
#Source
#PFTCNEWS
On June 24, the U.S. stock market closed with its strongest gain since February 19.
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🇺🇸 U.S. Vice President JD Vance criticizes the Fed Chair.
"I’d like to hear the argument for why Powell cut rates by 50 basis points right before the election but won’t do it now with lower inflation."
#PFTCNEWS
"I’d like to hear the argument for why Powell cut rates by 50 basis points right before the election but won’t do it now with lower inflation."
#PFTCNEWS
🔥 The U.S. will begin factoring in cryptocurrency for mortgage approval
The Federal Housing Finance Agency (FHFA) has approved the use of crypto assets when assessing mortgage applications.
Fannie Mae and Freddie Mac, the two largest mortgage agencies in the U.S., have been instructed to submit proposals on how to integrate cryptocurrency into their risk assessment models.
🔹 Requirement: the crypto assets must be held on regulated U.S. exchanges and comply with all applicable laws.
#Source
#PFTCNEWS
The Federal Housing Finance Agency (FHFA) has approved the use of crypto assets when assessing mortgage applications.
Fannie Mae and Freddie Mac, the two largest mortgage agencies in the U.S., have been instructed to submit proposals on how to integrate cryptocurrency into their risk assessment models.
🔹 Requirement: the crypto assets must be held on regulated U.S. exchanges and comply with all applicable laws.
#Source
#PFTCNEWS
🐂 Twitter bulls are actively discussing a classic technical analysis pattern — the formation of an inverse head and shoulders with a potential target of $150,000 for Bitcoin.
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Donald Trump:
"We have just been informed that Canada — which for years has imposed tariffs of up to 400% on our farmers' dairy products — has now announced a digital services tax targeting U.S. tech companies. This is a direct and outrageous attack on our country!
It’s clear they are merely copying the European Union, which implemented a similar tax and is now in discussions with us about it.
In response to this offensive move, we are immediately halting all trade negotiations with Canada. Within the next seven days, Canada will be formally notified of the tariffs it will be required to pay for the privilege of doing business with the United States of America."
#Source
#PFTCNEWS
"We have just been informed that Canada — which for years has imposed tariffs of up to 400% on our farmers' dairy products — has now announced a digital services tax targeting U.S. tech companies. This is a direct and outrageous attack on our country!
It’s clear they are merely copying the European Union, which implemented a similar tax and is now in discussions with us about it.
In response to this offensive move, we are immediately halting all trade negotiations with Canada. Within the next seven days, Canada will be formally notified of the tariffs it will be required to pay for the privilege of doing business with the United States of America."
#Source
#PFTCNEWS
🇺🇸 U.S. Department of Commerce to Lead Blockchain Innovation!
The U.S. House of Representatives has passed a bill directing the Department of Commerce to take the lead in a national program for blockchain implementation.
(Source: The Block)
Under this initiative, the Department will:
Develop collaboration standards with the private sector and academic institutions
Monitor emerging risks associated with blockchain adoption
Promote the widespread use of blockchain technologies across the country
#Source
#PFTCNEWS
The U.S. House of Representatives has passed a bill directing the Department of Commerce to take the lead in a national program for blockchain implementation.
(Source: The Block)
Under this initiative, the Department will:
Develop collaboration standards with the private sector and academic institutions
Monitor emerging risks associated with blockchain adoption
Promote the widespread use of blockchain technologies across the country
#Source
#PFTCNEWS