FameEX Morning Crypto News Recap | February 25, 2025

Trump Plans to Impose Tariffs on Canada and Mexico Over Illegal Immigration

President Trump announced that planned tariffs on Canada and Mexico will proceed next month. He recognized that both countries have taken new border security measures in response to these tariffs, which were intended to curb illegal immigration.

Digital Asset Investment Products See $924M Outflows in Two Weeks

Digital asset investment products saw outflows of $508 million last week, pushing the two-week total to $924 million, per CoinShares data. Bitcoin contributed significantly, with $571 million of outflows during that time.

Ethereum’s Pectra Upgrade to Roll Out on Holesky Testnet

Scheduled for February 24 at 21:55 UTC, the Ethereum Pectra upgrade on the Holesky test network will boost block data capacity by 50%. This increase will double data packets per block from 3 to 6, significantly improving the network's efficiency and scalability.

Strategy Co-Founder Michael Saylor Addresses Token Classification with SEC

Michael Saylor, co-founder of Strategy, recently met with the SEC’s cryptocurrency working group to discuss digital asset classifications. Fox Business reporter Eleanor Terrett shared this information, highlighting that their talks centered on token classification and related topics.

Meme Coin Buzz Fades, Celebrity Token Craze Diminishes

On February 24, Dragonfly partner Haseeb Qureshi told the Unchained podcast that the meme coin and celebrity token trends have run their course. He urged the crypto industry to unite and cease supporting celebrity token projects that exploit communities.

SEC Ends Investigation Into Robinhood Crypto

Robinhood Crypto reported that the SEC has closed its securities violation investigation, which stemmed from a Wells notice issued in May 2024. The closure relieves Robinhood Crypto of ongoing regulatory scrutiny.

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