Category: Housing loans

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Is a housing crisis underway? Why crypto investors should care

Cointelegraph analyst and writer Marcel Pechman explains if there is a housing crisis underway and why crypto investors should be paying attention. The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses…
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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

“Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed mortgages. In a report released Wednesday…
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Propy partners with Abra to provide crypto-backed real estate loans

Cryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright. Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets.  Propy customers can now put up digital assets as…
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