FameEX Morning Crypto News Recap | March 6, 2025

Trump to Reveal Bitcoin Reserve Strategy at White House Crypto Summit

On March 5, the U.S. Commerce Secretary confirmed that Trump will unveil his Bitcoin reserve strategy at the White House cryptocurrency summit.

CFTC and SEC Reignite Collaboration on Digital Asset Regulation

CFTC Acting Chairman Caroline Pham confirmed cooperation between the CFTC and SEC on digital asset regulations. SEC Commissioner Hester Peirce emphasized the crypto working group’s role in defining SEC authority and underscored the need for public participation in rule-making, ensuring those impacted have a say in regulatory decisions.

Crypto Markets Facing Mid-Bull Run Correction

Chris Burniske, partner at Placeholder, sees market panic as a buying opportunity, calling it a mid-term bull market correction. He believes the cycle’s peak is yet to come and stays bullish despite Bitcoin’s pullback. Burniske discourages selling during spikes, highlighting long-term growth potential in the ongoing bull run.

BlackRock Pauses BTC Sales, Maintains Over $50 Billion in Bitcoin

Arkham reports BlackRock has ceased Bitcoin sales, with no outflows from its IBIT address today. The firm now holds over $50 billion in BTC.

Disappointing Small Non-Farm Payrolls Data Fuels Fears of U.S. Economic Slowdown

Economists and investors express growing concerns over a U.S. economic slowdown as small non-farm payrolls data disappoints. Attention shifts to the upcoming government non-farm employment report.

U.S. Weighs Gold Revaluation to Fund Cryptocurrency Strategic Reserve

Bloomberg’s Simon White suggests the U.S. may revalue gold reserves to finance cryptocurrency purchases. Trump announced a strategic crypto reserve without funding details. Treasury Secretary Benson hinted at monetizing balance sheet assets, indicating gold revaluation as a possible approach to support the initiative.

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