FameEX Morning Crypto News Recap | August 20, 2025
2025-08-20 04:39:40Federal Reserve’s Bowman Urges Financial Sector to Embrace Technological Advancements
Federal Reserve Governor Bowman highlighted the importance of banks and regulators embracing emerging technologies, such as artificial intelligence and cryptocurrencies, to remain competitive. She warned that those who fail to adopt these innovations risk losing their economic influence and relevance in the evolving financial landscape.
U.S. Sees First State-Level Stablecoin, FRNT, Launched by Wyoming
Wyoming has introduced the Frontier stablecoin (FRNT), becoming the first state in the U.S. to issue a state-level stablecoin. FRNT is backed by the U.S. dollar and secured by short-term government bonds.
Trump’s Approval Rating Drops to 40%, Reaches Lowest Point Since White House Return
The latest Reuters/Ipsos poll shows President Trump’s approval rating has fallen to 40%, the lowest since he returned to the White House. This represents a seven-point drop from 47% in January. Among Hispanic voters who previously supported him, only 32% approve of his performance, marking the lowest approval rate from this demographic this year.
Bitcoin Options Premium Drops Drastically from $226 Million to $18 Million
On August 19, Glassnode reported a sharp decline in Bitcoin options premium. On Friday, it reached a record high of $226 million, with 69% in call options. By Monday, the premium dropped drastically to $18 million, with put options dominating the sales. This shift indicates the market anticipates a period of stabilization or contraction in volatility.
Ethereum Holdings of Institutional Investors Rise Amid Market Decline
Despite the recent market downturn, institutional investors continue to increase their Ethereum holdings. Two wallet addresses linked to institutions received 9,044 ETH, worth approximately $38 million, from trading, showcasing ongoing institutional confidence in Ethereum amid the market's challenges.
Greeks.Live Highlights BTC Market Divergence, Traders Eye $112,000 to $130,000 Range
Greeks.Live pointed out a divergence in Bitcoin market sentiment, with some traders anticipating a decline and testing lower levels, while others expect a rebound. Currently, the market is concentrated around the $112,000 to $130,000 range, with traders generally employing a double sell strategy to handle the price fluctuations.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.