FameEX Morning Crypto News Recap | February 18, 2025
2025-02-18 13:21:06
Fed Governor Waller: New Tariffs to Have Minimal Effect on Prices
On February 18, Fed Governor Waller stated that the Trump administration’s new tariffs will have a mild impact on prices and should not influence monetary policy decisions. He noted that while the tariffs’ effects might exceed expectations, other policies may improve supply conditions and help lower inflation.
Institutional Holders of Bitcoin Spot ETFs Grow 54.5-Fold in 11 Months
Bitwise reports a sharp rise in institutional adoption of Bitcoin spot ETFs in the United States. Over the past 11 months, the number of institutional holders increased 54.5-fold, reaching 3,323 by February 16.
Michael Saylor Provided No Bitcoin Tracker Updates Last Week, Made No New BTC Purchases
Michael Saylor, founder of Strategy, made no Bitcoin Tracker announcements or BTC purchases last week. Traditionally, Strategy releases updated Bitcoin holdings data following a Bitcoin Tracker update, but no such disclosures were made.
Bitcoin Holders in the U.S. Now Outnumber Student Loan Borrowers
There are roughly 50 million Bitcoin holders in the United States, outnumbering the approximately 43 million Americans with student loans.
Bitcoin Whale Buying and Selling Activity Drops Significantly in a Week
On February 17, on-chain analyst Ali observed that Bitcoin whales exhibited subdued behavior over the past week, with a notable decline in significant buying or selling activity.
Hong Kong Securities and Futures Commission Explores Approval of Leveraged and Inverse Virtual Currency ETFs
Hong Kong’s Securities and Futures Commission has greenlit Bitcoin and Ethereum futures and spot ETFs. CEO Leung Fung-yee stated that if virtual currency volatility stabilizes, the commission may consider approving leveraged and inverse ETFs.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.