FameEX Morning Crypto News Recap | February 19, 2025

US-Listed Bitcoin Miners Contribute 29% of the Global Hash Rate

In February, US-listed Bitcoin mining companies accounted for 29% of the global hash rate—nearly double last year’s share, according to JPMorgan Chase. While the Bitcoin network’s hash rate rose by 6% this month, daily mining profitability dropped 13% compared to the end of January.

Meme Coin Valuations Fall Back to November 2024 Levels

According to IntoTheBlock, meme coin valuations have steadily declined, now approaching November 2024 levels and erasing all the gains previously achieved during the winter memecoin surge.

89% of Investors Say U.S. Stocks Are Overpriced, Reaching a 22-Year Peak

According to a February Bank of America survey, 89% of global fund managers consider U.S. stock valuations too high, the highest level since April 2001. Over the past ten years, this sentiment averaged 81%.

Asia's Cryptocurrency Adoption Surges to 22%, Triple the Global Rate

Consensus research shows that Asia’s cryptocurrency adoption rate stands at 22%, a figure that is three times higher than the global average.

Bitcoin Bull Run Predicted to Continue, $200,000 by End of 2025

Bernstein’s report advises investors to anticipate more growth in Bitcoin-related assets and stocks, driven by institutional capital inflows. Analysts note Bitcoin’s rising adoption by banks, corporations, and sovereign nations, cementing its status as a compelling gold alternative.

Musk-Driven DOGE Initiative to Examine SEC

Led by Musk, the Department of Government Efficiency (DOGE) will review the SEC to tackle waste, fraud, and abuse. DOGE has grown its reach across federal agencies, including the DOGE SEC. On February 17, it sought public input on SEC misconduct as part of its oversight efforts.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​