FameEX Morning Crypto News Recap | June 30, 2025
2025-06-30 06:45:37Trump Discusses Potential Fed Chair Candidate and Slams Powell
On June 29, President Trump discussed the next Federal Reserve Chairman, praising Walsh's talent but suggesting he may not be chosen due to reluctance to handle 10-year debt at higher rates. Trump also criticized Powell, calling him a foolish person.
Bank for International Settlements: Trump's Remarks Don't Threaten Fed's Independence
On June 29, the Bank for International Settlements stated that Trump's criticism of the Federal Reserve's interest rate decisions does not jeopardize its independence.
Musk Criticizes U.S. Senate Tax Bill, Warns of Job Losses
Elon Musk criticized the U.S. Senate's latest tax and spending bill on social media, claiming it would destroy millions of jobs and harm the U.S. strategically. This marks another instance of Musk opposing the tax reform bill supported by Trump.
Michael Saylor Shares Strategy for Growing Bitcoin Holdings on X Platform
On June 29, Michael Saylor, Executive Chairman of Strategy, shared Bitcoin Tracker details on X, stating that people will regret not buying more in 21 years. Historically, Strategy discloses plans to increase Bitcoin holdings the day after major news releases.
Retail Investor Demand Falls by 10%, Hitting Lowest Level in 6 Months
CryptoQuant analyst Maartunn noted a 10% drop in retail investor demand over the past month, with the transfer volume on the 0-day moving average between $10 and $30 reaching a 6-month low.
40-Year-Olds Lead Crypto Ownership in Korea, 27% of 20-50 Age Group Hold Assets
According to a Korea Economic Research Institute report, 27% of Koreans aged 20-50 hold cryptocurrency, representing 14% of their financial assets. The 40-year-old group has the highest holding ratio at 31%.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.