AGP Executive Report
Last update: 11 hours agoMainstream Mortgage Shift: Fannie Mae/Freddie Mac are preparing to count verified Bitcoin holdings in mortgage risk assessments “without conversion to U.S. dollars,” letting borrowers keep BTC instead of selling for cash—though custody, valuation haircuts, and limits still apply. Market Rebound, Still Fragile: After a brutal selloff tied to ETF outflows and macro jitters, Bitcoin and Ethereum bounced; BTC reclaimed the $60K area while ETH pushed back toward $1,700, with traders watching key resistance levels. ETF Outflow Pressure: U.S. spot Bitcoin ETFs logged another heavy day of redemptions (about $326M), extending a 13-day stretch totaling roughly $4.4B; Ethereum ETF outflows were smaller but still negative. Corporate Treasury Signals: Strategy’s Michael Saylor teased “a good time to add more dots” after a small BTC sale, while Strive CEO Matt Cole backed removing U.S. Bitcoin capital gains tax to boost real-world use. Derivatives Squeeze Watch: Lopsided short leverage near $62K raised short-squeeze risk as liquidations skewed toward shorts. Ethereum Wallet FUD: A Joseph Lubin-linked wallet moved $121M+ ETH after years dormant, adding to ETH dump fears. Policy & Regulation: Vietnam is moving toward requiring crypto trading settlement in dong, and GOP senators urged regulators to revise punitive bank capital rules for crypto. Geopolitics: Iran-Israel tensions and U.S. strikes around the Strait of Hormuz rattled risk assets and crypto alike.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
