FameEX Morning Crypto News Recap | September 17, 2025
2025-09-17 03:35:50Fed Could See First Triple Dissent in Over 35 Years
The U.S. Senate narrowly confirmed Milam to the Federal Reserve. Governors Bowman and Waller, who dissented in July favoring rate cuts, may do so again in September. With weak labor data, a third could join, risking the first triple dissent since 1988.
Dollar Weakens Across G10 and Asia on Dovish Fed Outlook
The U.S. dollar weakened against both G10 and Asian currencies as expectations of Fed rate cuts strengthened risk appetite. A Credit Suisse analyst noted that with inflation controlled, the Fed is prepared to ease policy to address the softening U.S. labor market.
Gold Soars to Record Peak of $3,689.27 in Spot Trading
On September 16, spot gold achieved a historic milestone, climbing to an unprecedented $3,689.27 per ounce.
Blockstream CEO Discusses Challenges and Risks of Operating Bitcoin Nodes
Blockstream CEO Adam Back noted that P2P networks pose inherent privacy and anonymity risks for node operators—a decades-old challenge. He emphasized that Bitcoin node operators face similar, vulnerabilities in the ecosystem.
Tether Targets US Dominance with Strategic Market Return
Executives announced Tether's return to the U.S., aiming for dominance. Its flagship USDT, backed by U.S. Treasuries, has a $171B supply, making it the global leader.
Grayscale Analysis: Macroeconomic Pressures on Dollar Credibility May Benefit Crypto Assets
Grayscale's report warns that soaring U.S. debt, deficits, and rising rates are undermining the dollar's credibility. This erosion of trust could push investors to seek alternative stores of value, potentially benefiting cryptocurrencies like Bitcoin.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.