FameEX Morning Crypto News Recap | February 24, 2025

President Trump Ends Biden’s Crypto War, Commits to US Bitcoin Leadership

At the FII Priority Summit in Miami, President Trump declared an end to what he called Biden’s “war on bitcoin and crypto.” He promised to position the U.S. as the global leader in digital currency innovation, proclaiming, “America will be the crypto capital.”

Community Optimistic About Ethereum Surpassing $4,000 Amid Increasing Market Volatility

Adam, a macro researcher at Greeks.Live, noted that the community is optimistic about Ethereum reaching $4,000 after clearing $2,800. While some see the breakout above $2,750 as bullish, concerns remain about a potential drop to $2,600.

US Surgeon General Moves Majority of Wealth into Bitcoin

U.S. Secretary of Health and Human Services Robert Kennedy Jr. expressed strong support for Bitcoin, confirming that he has invested most of his wealth into it. Previously, reports indicated that Kennedy holds at least $1 million in Bitcoin assets.

Michael Saylor, Founder of Strategy, Unveils Bitcoin Tracker Chart, Suggesting Potential Rise in Bitcoin Holdings

Michael Saylor, founder of Strategy, released Bitcoin Tracker charts again. Historically, the company discloses its increased Bitcoin holdings the day after releasing related news. This suggests Strategy may soon announce an additional Bitcoin purchase.

Nearly 15% of Brazilians Open to Switching Bank Accounts for Crypto

A Yougov survey suggests crypto is gaining traction as a monetary alternative in Brazil. According to the poll, nearly 15% of Brazilians are open to replacing traditional bank accounts with cryptocurrency.

NFT Market Rebounds: Weekly Gains Reach 11.6% as Ethereum Leads the Pack

NFT transactions reached $148.18 million last week, with buyers increasing by 64.49% and sellers by 49.42%. Ethereum led with $74.61 million in sales, up 25.24%, while Bitcoin ranked second at $20.75 million, down 26.95%.

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