FameEX Morning Crypto News Recap | March 4, 2025
2025-03-04 08:27:40Trump to Impose Tariffs on Countries Manipulating Their Currency
On March 4th, President Trump imposed tariffs on nations devaluing currency, reinforcing protectionism and potentially intensifying global trade tensions.
SEC Crypto Task Force to Hold First-Ever Roundtable on March 21
The SEC’s newly established cryptocurrency task force will host its first roundtable on March 21 in Washington, D.C., aiming to discuss regulations and enhance industry engagement in the evolving crypto landscape.
Ethereum Supply Growth Rate Trails Bitcoin
Bitcoin, regarded as "digital gold" for its fixed supply cap, highlights scarcity. Since Ethereum's Merge upgrade in September 2022, it has effectively managed supply expansion, strengthening its monetary properties.
Digital Asset Investment Products See $3.8 Billion Outflows for Three Straight Weeks
CoinShares reports digital asset investment products saw outflows for the third consecutive week, hitting a record US$2.9 billion last week, totaling US$3.8 billion in three weeks.
Yuga Labs Confirms SEC Investigation Closed, NFTs Not Classified as Securities
Yuga Labs announced the SEC’s conclusion of its three-year investigation, calling it a major win for the NFT industry. The company reaffirmed that NFTs are not securities, bolstering confidence in the sector and reinforcing support for creators and the broader ecosystem.
Less Than 4% of the World’s Population Owns Bitcoin
River's research: under 4% of the world owns Bitcoin.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.