FameEX Morning Crypto News Recap | July 21, 2025
2025-07-21 08:55:46White House to Publish Its Debut Crypto Policy Report
the White House will release its first cryptocurrency policy report on July 22, in accordance with Executive Order No. 14178.
U.S. Commerce Secretary Announces Tariff Deadline for August 1
U.S. Secretary of Commerce Raimondo announced that tariffs will be imposed by August 1, with small countries required to pay a baseline tariff of 10%.
Trump's Unyielding View on Tariff Negotiations
The EU envoy is set to meet U.S. President Trump as early as this week, as Trump position on tariff negotiations becomes firmer ahead of the August 1 deadline. Although there's support for continuing talks, progress has been limited since last week, with discussions set to continue for two more weeks.
U.S. Deputy Treasury Secretary Predicts Trillions in Stablecoin Demand
U.S. Deputy Secretary of the Treasury, Michael Faulkender, forecasts that stablecoin demand will grow to trillions of dollars.
Bitcoin Grabs 43.06% Share of Social Media Talks
Altcoins’ cup and handle pattern points to a rise in market capitalization to $2.78 trillion, signaling the start of "altcoin season." Bitcoin's declining dominance below key moving averages suggests that altcoins are likely to outperform Bitcoin in the near future.
Tim Draper Predicts Dollar’s End in 10-20 Years, Bitcoin to Be Driven by Macroeconomic Trends
Tim Draper, founding partner of Draper Associates, predicts that macroeconomic factors, such as the devaluation of the dollar, will reduce Bitcoin’s halving cycle effects. He anticipates the dollar will vanish in 10-20 years, while Bitcoin hits record highs and the Dollar Index (DXY) continues to decline.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.