Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy

According to Bitcoin.com, the US Securities and Exchange Commission (SEC) announced that it will extend the compliance deadline for the revised "15C3-3 Rule" (Customer Protection Rule) from the original December 31, 2025 to June 30, 2026. This rule requires specific brokers to adjust the frequency of calculating customer reserves from weekly to daily to strengthen financial protection. SEC Chairman Paul S. Atkins stated that the extension is aimed at avoiding operational challenges for brokers. It is worth noting that this rule only applies to the custody of securities based digital assets, and non securities based encrypted assets such as Bitcoin are not subject to restrictions. In May 2025, the SEC has withdrawn its 2019 joint statement, allowing brokers to establish control over uncertified digital asset securities through qualified custodians such as banks. This delay provides a buffer period for institutional system adjustments and testing of daily calculation processes.

According to Yonhap News Agency, South Korean prosecutors raided a gang suspected of earning billions of Korean won in transaction fees through unregistered foreign exchange businesses and seized cryptocurrency worth 4.4 billion Korean won (approximately 3.2 million US dollars), including Ethereum. The gang is suspected of engaging in illegal currency exchange over the past six years, profiting from transaction fees by receiving personal funds and using online payment platforms to recharge different currency accounts.

The OKX MOVE/USDT perpetual funding rate is currently -1.00%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

Foresight News reported that according to Lookonchain monitoring, a certain whale has experienced three rounds of clearing in the past three hours, with a total of 668 BTC (approximately $72 million) and 16531 ETH (approximately $41.14 million) cleared. The address lost over $10 million in just 3 days.

Odaily Daily News: Metaplanet announced the purchase of 1234 BTC for approximately $132.7 million, with a unit price of approximately $107557. As of June 26, 2025, the company holds a total of 12345 BTC, with a total purchase cost of approximately $1.2 billion and an average cost of approximately $97036 per BTC. So far this year, the company's Bitcoin yield has reached 315%.