FameEX Morning Crypto News Recap | July 10, 2025
2025-07-10 06:26:01Some Members Support July Rate Cut, Fed Meeting Minutes Show
Several Federal Reserve officials signaled in meeting minutes that they would consider a rate cut at the July meeting if economic indicators continue to align with their current expectations.
Federal Reserve Flags Tariffs as Ongoing Inflation Risk in Minutes
The Federal Reserve’s June meeting minutes emphasized keeping long-term inflation expectations anchored. Some officials warned that continued increases in short-term expectations could undermine confidence and push long-term inflation forecasts higher.
New Trump Tariffs May Lift U.S. Tariff Average to 14.6%, Says JPMorgan
JPMorgan economists estimate Trump’s new tariffs on 14 countries, starting August 1, will raise the average U.S. tariff rate from 13.4% to 14.6%. Deutsche Bank’s analysis warns the rate could potentially exceed 18%.
Ethereum Spot ETFs Record $46.63M Single-Day Inflow, BlackRock at the Forefront
SoSoValue data shows Ethereum spot ETFs recorded a $46.63 million net inflow yesterday, extending a three-day streak. BlackRock’s ETHA led with $25.29 million. The total net asset value stands at $11.03 billion, with an ETF net asset ratio of 3.52%. Since inception, cumulative net inflows have reached $4.51 billion.
Fitch Sees U.S. Stablecoin Bill Tackling Credit Risk and Driving Growth
Fitch believes U.S. stablecoin legislation could help mitigate credit risks and promote broader adoption across financial and digital markets.
GameSquare Sets Up Ethereum Treasury, Targeting $100 Million
GameSquare Holdings will establish an Ethereum treasury worth up to $100 million. The first phase will be funded through a share sale of 8,421,054 common shares at $0.95 each, expected to generate around $8 million in revenue before deducting expenses.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.