FameEX Morning Crypto News Recap | October 14, 2025
2025-10-14 03:26:41Federal Reserve's Communication Strategy in Focus as Macroeconomic Outlook and Jobless Claims Await
The recent turbulence in cryptocurrencies and stocks has triggered a flight to safer assets, such as U.S. Treasury bonds and gold. This week, market attention will be squarely focused on the ongoing U.S. government shutdown and the possibility of further interest rate cuts by the Federal Reserve. A prolonged shutdown could cause delays in the release of important economic data, adding further uncertainty to market conditions.
The week will be marked by several significant events involving Federal Reserve officials. On Tuesday, multiple key figures are scheduled to speak, including 2026 FOMC voter and Philadelphia Fed President Harker, Fed Governor Bowman, and Fed Chair Powell. Powell’s speech will be hosted by the National Association for Business Economics. Additionally, Federal Reserve Governor Waller will participate in a panel discussion on payments at an event organized by the Institute of International Finance, while 2025 FOMC voter and Boston Fed President Collins will also address the public.
Thursday will feature more notable events, including a speech by Fed Governor Mester at the Nomura Research Forum. One of the most anticipated releases this week is the Federal Reserve’s Beige Book, which provides a detailed overview of economic conditions in the U.S. across its twelve districts. Along with this, U.S. initial jobless claims data for the week ending October 11 will be published.
White House Announces Mike Selig as CFTC Chairman Nominee
On October 13, the White House is set to announce Mike Selig as its nominee for chairman of the Commodity Futures Trading Commission (CFTC). Selig, who currently serves as the chief legal advisor for the SEC's cryptocurrency working group, is widely regarded as the perfect candidate to streamline and coordinate regulatory efforts between the SEC and CFTC.
Spot Crypto ETF Approval Likely to Resume Once U.S. Government Shutdown Concludes
ETF Store President Nate Geraci suggested that the approval of spot cryptocurrency ETFs could move forward once the U.S. government shutdown ends. He noted that the political gridlock and fiscal deficit have hindered the process, issues which cryptocurrencies are designed to address.
Forbes Reports Trump May Hold $870 Million in Bitcoin, Making Him One of U.S.'s Largest Investors
U.S. President Trump's Bitcoin holdings are indirectly linked to his stake in Trump Media & Technology Group (TMTG), which has a multi-billion-dollar market capitalization despite under $4 million in annual revenue. In July, TMTG bought $2 billion in Bitcoin. Trump’s stake has decreased from 52% to 41%, with his Bitcoin holdings estimated at approximately $870 million.
Strategy Expands Holdings by $27.2 Million with 220 BTC, Reaching 640,250 BTC in Total
Strategy announced on X that it expanded its holdings by approximately $27.2 million, acquiring 220 BTC at an average price of $123,561. As of October 12, 2025, the company holds 640,250 BTC, with a total cost of around $47.38 billion and an average cost of $74,000. Strategy reported a BTC return rate of about 25.9% for 2025.
BitMine's Ethereum Holdings Surpass 3 Million ETH, Worth Around $12.52 Billion
BitMine bought 202,037 Ethereum (ETH) for $834.26 million last week. It now holds 3,032,188 ETH, valued at approximately $12.52 billion.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.