
JP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.

Succinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.

EigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.

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Bit Digital shifts focus to Ethereum.
f(x) Protocol introduces sPOSITIONs.
FHFA directs enterprises to consider crypto.
Bit Digital Inc. announced a strategic shift to focus exclusively on Ethereum staking and treasury operations, transitioning away from Bitcoin mining. The Nasdaq-listed company is now positioning itself as a pure-play Ethereum-native platform focused on staking and treasury management. The company has accumulated ETH since 2022 and holds over 24,000 ETH, worth approximately $44.6 million. Bit Digital plans to gradually convert its remaining Bitcoin holdings into ETH. To support the transition, the company has begun exploring strategic alternatives for its Bitcoin mining business, with proceeds redirected into ETH.
f(x) Protocol v2.1

Bit Digital shifts focus to Ethereum.
f(x) Protocol introduces sPOSITIONs.
FHFA directs enterprises to consider crypto.
Bit Digital Inc. announced a strategic shift to focus exclusively on Ethereum staking and treasury operations, transitioning away from Bitcoin mining. The Nasdaq-listed company is now positioning itself as a pure-play Ethereum-native platform focused on staking and treasury management. The company has accumulated ETH since 2022 and holds over 24,000 ETH, worth approximately $44.6 million. Bit Digital plans to gradually convert its remaining Bitcoin holdings into ETH. To support the transition, the company has begun exploring strategic alternatives for its Bitcoin mining business, with proceeds redirected into ETH.
f(x) Protocol v2.1

JP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.

Succinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.

EigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
The Federal Housing Finance Agency (FHFA) instructed Fannie Mae and Freddie Mac to begin considering cryptocurrency as a potential asset when assessing risk for single-family mortgage loans. As key players in the U.S. housing finance system, both enterprises are to develop methods for incorporating cryptocurrency as a reserve asset without requiring conversion to U.S. dollars. Initially, only cryptocurrencies that are verifiable and held on U.S.-regulated exchanges will be considered. The enterprises must also conduct comprehensive risk assessments that address market volatility and liquidity. The order was signed by William J. Pulte, Director of FHFA, and is effective immediately.
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
The Federal Housing Finance Agency (FHFA) instructed Fannie Mae and Freddie Mac to begin considering cryptocurrency as a potential asset when assessing risk for single-family mortgage loans. As key players in the U.S. housing finance system, both enterprises are to develop methods for incorporating cryptocurrency as a reserve asset without requiring conversion to U.S. dollars. Initially, only cryptocurrencies that are verifiable and held on U.S.-regulated exchanges will be considered. The enterprises must also conduct comprehensive risk assessments that address market volatility and liquidity. The order was signed by William J. Pulte, Director of FHFA, and is effective immediately.
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
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ETH Daily - 25th June 📰 -Bit Digital shifts to ETH 🏦 -f(x) Protocol sPOSITIONs 📉 -FHFA on considering crypto 🏠 https://ethdaily.io/728
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ETH Daily - 25th June 📰 -Bit Digital shifts to ETH 🏦 -f(x) Protocol sPOSITIONs 📉 -FHFA on considering crypto 🏠 https://ethdaily.io/728