FameEX Morning Crypto News Recap | April 16, 2025

White House Reviews Over 15 Trade Deals as Trump Seeks to Sign Them Personally

The White House announced that over 15 trade agreements are currently under active review, with President Trump expressing his intention to personally sign each deal. Meanwhile, Trump has yet to make a final decision on whether to move forward with increasing corporate tax rates.

U.S. Treasury Considers New Regulatory Changes for Banks

U.S. Deputy Treasury Secretary Michael Faulkender said officials are considering rule changes potentially affecting banks, as last week’s Treasury bond decline has heightened focus on the supplementary leverage ratio.

SEC Denies Broad Data Request by Musk's DOGE Initiative

On April 16, the SEC denied a data access request from Elon Musk’s Department of Government Efficiency (DOGE), blocking efforts to obtain specific institutional information for oversight purposes.

Market Structure Bill Could Fuel Major Bitcoin Price Surge

Dennis Porter, co-founder of the Satoshi Action Fund, believes market structure legislation will significantly boost Bitcoin prices. He stated that once enacted, the law will trigger unprecedented capital inflows into the BTC market.

Standard Chartered Forecasts Stablecoin Market to Hit $2 Trillion by 2028

Standard Chartered Bank predicts that if the U.S. stablecoin bill passes, it could drive a major expansion in stablecoin supply. The market is projected to grow from $230 billion to $2 trillion by 2028.

Survey: 82% of Fund Managers Foresee Global Economic Decline

A Bank of America survey reveals that 82% of global fund managers expect the global economy to weaken—its highest level in 30 years. Additionally, 42% foresee a likely recession, and a record number plan to cut exposure to U.S. equities.

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