FameEX Morning Crypto News Recap | September 29, 2025
2025-09-29 06:24:07Macroeconomic Outlook: Fed Officials Unite as Non-Farm Payrolls Impact Dovish Bets
Federal Reserve officials are set to speak next week, with a potential U.S. government shutdown on October 1 possibly affecting the employment report, CPI, and the Federal Reserve's October meeting (all in GMT+8).
Monday 20:00: Cleveland Fed President Mester participates in a policy discussion.
Tuesday 01:30: New York Fed President Williams and St. Louis Fed President Bullard deliver speeches.
Tuesday 06:00: Atlanta Fed President Bostic meets with Delta Airlines CEO.
Tuesday 18:00: Federal Reserve Vice Chairman Jefferson delivers a speech.
Wednesday 01:00: Chicago Fed President Goolsbee gives a speech.
Wednesday 07:10: Dallas Fed President Logan speaks.
Wednesday 08:30: Federal Reserve Vice Chairman Jefferson speaks again.
Thursday 22:30: Dallas Fed President Logan delivers another speech.
Friday 18:05: New York Fed President Williams speaks at the farewell seminar for Dutch Central Bank President Knot.
Friday 20:30: U.S. September non-farm payroll data is released.
U.S. Government Funding Set to Expire on September 30, Trump to Confer with Congressional Leaders
The expiration of U.S. government funding on September 30 is poised to trigger a shutdown, potentially impacting millions of federal workers. To avert this, Congress must pass or extend a spending bill by October 1. On September 29, Trump will meet with key congressional leaders, including Senate Minority Leader Schumer, House Minority Leader Jeffries, House Speaker Johnson, and Senate Majority Leader Thune, to negotiate a resolution.
Trump Posts Cartoon Depicting Potential Firing of Fed Chairman Powell
Trump posted a cartoon image of himself firing Federal Reserve Chairman Jerome Powell. In the illustration, Trump is seen pointing at Powell with the phrase "You're fired" highlighted.
Analyst Predicts Bitcoin's Market Value Could Reach $10 Trillion Driven by Options and Derivatives
James Van Straten, a market analyst, believes Bitcoin's market value could reach $10 trillion, driven by options and other derivatives. He emphasizes that derivatives can attract institutional investors and help reduce the high volatility risks associated with Bitcoin, making it a more appealing and stable investment option for larger players.
Citibank Forecasts Stablecoin Market Size to Reach $4 Trillion by 2030
Citibank’s report, “Stablecoins 2030,” projects stablecoin issuance could reach $1.9 trillion by 2030, with a potential high of $4 trillion in an optimistic scenario. Currently, stablecoin market capitalization stands at $296.8 billion, with USDT making up 58.75%.
Singapore and UAE Take Top Spots as the World's Most 'Crypto-Obsessed' Countries
ApeX Protocol’s report ranks Singapore and the UAE as the world’s most ‘crypto-obsessed’ countries. Singapore leads with 24.4% crypto ownership and 2,000 searches per 100,000 people. The UAE follows with 25.3% ownership, a 210% increase since 2019, and a close score of 99.7.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.