FameEX Morning Crypto News Recap | May 20, 2025
2025-05-20 02:10:25Paul Atkins, SEC Chair, Promotes the Establishment of Crypto Asset Framework
At an SEC conference, Chairman Paul Atkins pledged to advance crypto asset rulemaking and support integrated custody solutions. He reaffirmed the SEC’s commitment to fostering innovation while ensuring proper oversight of both securities and non-securities assets.
ECB Board Member Müller Hints at Potential Future Interest Rate Cuts
ECB’s Müller stated on May 19 that further rate cuts can’t be ruled out. However, he stressed that any major reduction would require strong reasoning, and it’s unclear whether such action is warranted at this time.
Fed’s Bostic Favors a Single Rate Cut This Year
Bostic emphasized that interest rate decisions hinge on evolving conditions and tariff clarity. He supports only one rate cut in 2025, citing the need for time to assess the full impact of new trade policies.
$842M Flows into BlackRock ETF as Bitcoin Spot Products See Fifth Week of Inflows
Bitcoin spot ETFs saw $604 million in net inflows last week, marking five straight weeks of gains. BlackRock’s IBIT led with $842 million, bringing its total net inflow to $45.55 billion, reflecting sustained institutional interest in Bitcoin exposure.
Strategy Acquires 7,390 BTC at Average Price of $103,498
From May 12 to 18, Strategy bought 7,390 bitcoins at an average of $103,498 each, investing roughly $764.9 million to grow its holdings.
Tether Overtakes Germany in U.S. Treasuries, Aims for South Korea
On May 19, Tether CEO Paolo Ardoino said their U.S. Treasury holdings surpassed Germany’s, aiming next to surpass South Korea.
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