FameEX Morning Crypto News Recap | February 20, 2025

The Fed Expresses Concern Over Inflation Risks from Trump’s Policies

On February 20, Federal Reserve policymakers discussed the potential inflationary impact of Trump’s initial policy proposals after his January 20 inauguration. Recently, certain measures of inflation expectations have increased, heightening the Federal Reserve’s concerns.

Trump Proposes Tariffs Across Various Industries

President Trump plans to announce tariffs on several industries, including automobiles, semiconductors, chips, pharmaceuticals, and potentially timber, within the next month or sooner.

Bitcoin ETF Holdings Projected to Reach 40%

Eric Balchunas, Bloomberg’s senior ETF analyst, noted that the asset holding ratio of 13F filing institutions in most Bitcoin ETFs has reached 25–30%. He anticipates these holdings could eventually match the 40% level seen in gold ETFs (GLD), suggesting room for 10–15% growth.

Ethereum Fees Hit Four-Year Low as Bitcoin Network Activity Declines

Ethereum's seven-day average transaction fee dropped to $0.77 on February 15, a 70% decline from $2.57 the previous week, marking the lowest level since July 2020. Concurrently, Bitcoin network activity hit a 12-month low, with transaction volume down 55% from its peak.

Bitcoin Mining Generates Over 31,000 Jobs in the U.S. Economy

Bitcoin mining supports over 31,000 U.S. jobs, generating $4.1 billion annually in economic output, according to a Perryman Group report. The U.S. also leads globally, contributing 40% of the world’s Bitcoin hash rate.

The EU Approves 10 Stablecoin Issuers, Tether Excluded from the List

Under the EU’s Markets in Crypto Assets (MiCA) regulatory framework, 10 companies have received approval to issue stablecoins within the European Union. Among them are Banking Circle, Circle, Crypto.com, Fiat Republic, Membrane Finance, Quantoz Payments, Schuman Financial, Societe Generale, StabIR, and Stable Mint. However, Tether, the world’s largest stablecoin issuer by market capitalization, did not make the list.

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