FameEX Morning Crypto News Recap | March 4, 2025
2025-03-04 12:28:45
Trump Plans to Impose Tariffs on Nations That Weaken Their Currency
On March 4th, President Trump announced tariffs on nations using currency devaluation as sanctions, reinforcing protectionist policies and potentially escalating global trade tensions.
SEC Crypto Task Force to Host Inaugural Roundtable on March 21
The SEC's newly formed cryptocurrency task force will hold its first roundtable on March 21 at its Washington, D.C. headquarters, focusing on regulatory discussions and industry engagement.
Ethereum Supply Growth Rate Lags Behind Bitcoin
Bitcoin, known as "digital gold" for its fixed supply cap, emphasizes scarcity. However, since Ethereum's Merge upgrade in September 2022, it has effectively controlled supply expansion, improving its monetary properties.
Digital Asset Investment Products Face $3.8 Billion Outflows for Third Consecutive Week
CoinShares' report reveals digital asset investment products faced outflows for the third straight week, with a record US$2.9 billion last week, totaling US$3.8 billion over three weeks.
Yuga Labs Announces SEC Investigation Closure, Confirms NFTs Aren’t Securities
Yuga Labs announced that the SEC has ended its three-year investigation, marking a major win for the NFT industry. The company emphasized that NFTs are not securities, reinforcing support for creators and the broader NFT ecosystem.
Less Than 4% of the Global Population Holds BTC
River’s research reveals that under 4% of the global population holds Bitcoin.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.