FameEX Morning Crypto News Recap | March 3, 2025

Trump: Bitcoin and Ethereum to Become Central to National Reserves

Former U.S. President Trump stated on Truth Social that BTC, ETH, and other valuable cryptocurrencies will become core reserves, expressing his support for Bitcoin and Ethereum.

Cryptocurrency Market Capitalization Reaches $3 Trillion Again

Coingecko data shows the total cryptocurrency market capitalization has rebounded to $3 trillion, currently at $3.18 trillion, reflecting an 8.4% increase in the past day.

Ethereum Must Stay Above $2,460 to Maintain Investor Confidence

On-chain analyst Ali emphasized that Ethereum must maintain stability above $2,460 to sustain investor confidence. Holding this level could help reduce selling pressure from 6.835 million ETH held by 11.64 million investors.

Vitalik Buterin Urges Young Developers to Contribute to Ethereum

Ethereum co-founder Vitalik Buterin emphasized on X that Ethereum needs young talent who share the crypto-punk vision, as veteran developers are exhausted, making it essential to focus on the next generation.

Musk Cautions Investors Against Putting Life Savings into Meme Coins on Podcast

On the Joe Rogan podcast, Musk cautioning investors against risking their life savings on these highly speculative assets.

Japan's Finance Minister Suggests Crypto Assets Could Face 110% Tax Rate

Japanese Finance Minister KATO Katsunobu suggested a potential 110% tax rate on crypto assets during a House Budget Committee meeting, covering inheritance tax, income tax, and resident tax.

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