1. The Hong Kong government released the "Hong Kong Digital Asset Development Policy Declaration 2.0" (full text attached)

On June 26, 2025, the Hong Kong SAR Government issued the "Hong Kong Digital Asset Development Policy Declaration 2.0" ("Policy Declaration 2.0"), reaffirming the government's commitment to making Hong Kong a global innovation center in the digital asset sector. The new policy declaration builds on the initiatives proposed in the first policy declaration issued in October 2022. Click to read.

2. Bit Digital Transforms into Ethereum Staking "Extensive" Mining Enterprise Becomes Crypto Financial Company

On June 26, news came that Bit Digital, a US-listed company (stock code: BTBT), announced a strategic transformation. It plans to gradually stop its Bitcoin mining business and convert its held BTC into ETH, focusing on Ethereum staking and asset allocation, aiming to become a "pure Ethereum staking and treasury company." Click to read.

3. The wind of crypto assets has blown into the US real estate industry

On Wednesday local time, the Director of the Federal Housing Finance Agency (FHFA), Pulte, posted on social media: "After in-depth research and following President Trump's vision of making the U.S. the 'cryptocurrency capital', today I ordered Fannie Mae and Freddie Mac to begin preparations to classify cryptocurrency as a qualifying asset for mortgage applications." This directive marks a significant potential shift in the asset review standards for assessing mortgage qualification, supported by the U.S. government, and is consistent with the Trump administration's established goal of promoting cryptocurrency in the U.S. Click to read.

4. The Crossroads of the Financial Future: How Do Cryptocurrencies Integrate into the Mainstream Credit System?

There is an ironic phenomenon in modern finance. You might hold Bitcoin worth $400,000, yet find it difficult to get approved for a $300,000 mortgage. Your digital wealth may make you look rich on paper, but when you actually want to purchase a major commodity like a house, it seems to become invisible. This is even more true if you don't have a good credit history. Click to read.

5. Don't doubt it, the main upward wave has really come.

On June 24, influenced by the unexpected ceasefire agreement between Israel and Palestine, NYMEX crude oil futures plummeted by 6% during the session, dipping to $64 per barrel, nearly erasing all the gains from the current round of geopolitical conflicts. Meanwhile, global stock markets collectively surged, with Bitcoin jumping nearly 5% during the session, completely recovering all the losses from this round of geopolitical turmoil. However, the market's rebound did not eliminate cautious sentiment. For example, during the process of ETH rebounding 16% from its low, its funding rate remained in negative territory for an extended period, and the degree of negativity is still expanding, indicating that investors maintain a strong defensive mindset against a potential second dip.