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Showing posts from July 17, 2025

🏡 Bitcoin-Backed Home Loans Now a Reality in Australia. By ChainFabricNews

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Image source: YouTube  Imagine buying your dream home without selling your Bitcoin. Sounds futuristic, right? Well, in Australia, that future is now a reality. In a major step forward for both crypto and real estate, Sydney-based fintech company Block Earner has launched Australia’s first Bitcoin-backed home loans . This means homeowners can now use their Bitcoin as collateral—without having to sell it—to secure a mortgage. And it’s already turning heads across the financial world. 🔍 What’s the Big Deal? Let’s say you’ve been holding Bitcoin for a few years. You’re not ready to sell it, especially with prices still climbing. But you also want to buy a home. Block Earner’s new service lets you borrow up to 50% of a property’s value using your Bitcoin, while still owning the asset. You don’t have to liquidate your holdings or miss out on future gains. And here’s the kicker: borrowers can repay interest-only loans for up to four years. Interest rates start around 9.5% , and l...

⚠️ Italy Blocks Popular Crypto Platforms Over Licensing Concerns. By ChainFabricNews

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Image source: CoinGeek   Rome, July 17, 2025 — Italy's top financial regulator, CONSOB , has taken a bold step in protecting investors by blocking access to several popular cryptocurrency and investment websites. Among them are well-known platforms like Atomic Wallet and Finbridge International , which have been operating in Italy without proper authorization. This move is part of a broader effort by the Italian government to crack down on unlicensed financial services, especially those targeting retail investors. Along with Atomic Wallet and Finbridge, the website Cexrqw.com was also taken offline, alongside two traditional financial intermediaries. ❗ Why the Sites Were Blocked The blocked websites were found to be offering crypto or investment services to Italian residents without being registered or authorized under Italian or European law. According to CONSOB, such activities violate the rules set out in the "Growth Decree" and the new MiCAR (Markets in Crypto...

🚀 Big News in Crypto: ProShares Launches First-Ever XRP ETF with 2x Leverage. By ChainFabricNews

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Image source: Cryptoslate In a groundbreaking move for the cryptocurrency market, ProShares is all set to launch the Ultra XRP ETF (UXRP) on July 18, 2025 . This new financial product is making waves because it gives investors a unique way to trade XRP , the digital currency created by Ripple Labs — but with a twist. The ETF offers twice the daily gains or losses of XRP, making it the first leveraged XRP exchange-traded fund approved for U.S. markets. This launch comes after years of back-and-forth between regulators and Ripple. For many, it marks a new chapter of legitimacy for XRP in the eyes of traditional finance. 📈 What Is UXRP — And Why Is Everyone Talking About It? UXRP isn’t your average crypto ETF. Instead of holding actual XRP tokens, the fund tracks the price of XRP using futures contracts and other derivatives. This setup allows investors to gain exposure to XRP’s price movements without owning the crypto directly — no wallet, no exchange, no hassle. But the real eye-...