FameEX Morning Crypto News Recap | August 29, 2025
2025-08-29 04:03:09Trump’s Removal of Fed Governor Renews Fears About Fed’s Independence
Trump’s firing of Fed Governor Lisa Cook has intensified concerns about the Federal Reserve’s independence, weakening the U.S. dollar. Deutsche Bank analysts warned the decision fueled investor expectations of faster rate cuts, heightened inflation risks.
Bitcoin Wallets in Profit Hit All-Time Peak Above 55 Million
The number of profitable Bitcoin wallets has climbed above 55 million, setting a historic record. On average, holders in these wallets have maintained positions for 4.4 years.
Total Value of Stablecoins Surpasses $280B for First Time
According to DefiLlama, the total market capitalization of stablecoins has broken past $280 billion, hitting $280.4 billion, and setting a fresh historical record for the sector.
Ethereum Futures OI on CME Surpasses $10 Billion for First Time
CME’s Ethereum futures open interest has crossed $10 billion for the first time, marking a historic milestone. With 101 large open interest holders, data reflects accelerating institutional demand.
Over 9% of Ethereum Supply Now Controlled by Reserve Entities and ETFs
By August 28, StrategicETHReserve data revealed that reserve entities and spot ETFs together hold 9.2% of Ethereum’s supply. Reserve entities control 3.6% ($19.96B), while spot ETFs account for 5.6% ($30.99B).
Goldman Sachs Holds $721M Worth of Ethereum via Spot ETF
According to August 28 13F filings, Goldman Sachs is the largest holder of an Ethereum spot ETF at $721 million. Jane Street follows with $190 million, and Millennium with $186 million.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.