FameEX Morning Crypto News Recap | October 17, 2025
2025-10-17 03:11:49Federal Reserve's Waller: Resilient GDP or Job Growth May Postpone Interest Rate Reductions
On October 16, Federal Reserve Governor Waller mentioned that if GDP continues to show resilience or the job market strengthens, the pace of interest rate cuts could be slower.
SEC Chairman: Cryptocurrency and Tokenization Are Key Priorities
On October 16, SEC Chairman Paul Atkins spoke at Washington Fintech Week, stressing that cryptocurrency and tokenization are top priorities for the SEC. He outlined the SEC's effort to create a robust regulatory framework aimed at bringing back cryptocurrency companies that had previously left the U.S., encouraging future innovation and growth in the industry.
Regional Bank Crisis in the U.S. Results in Significant Decline in Bank Stocks
U.S. regional banks are in crisis, leading to a significant drop in bank stock prices. Zions Bancorp’s stock fell 15% after its subsidiary reported a $50 million impairment charge. Western Alliance Bancorp’s stock dropped 13%. Consequently, the KBW Bank Index closed down 3.6%, reflecting widespread sector concerns.
Analysts: Federal Reserve's Beige Book Bolsters Anticipation of Rate Cuts
The Federal Reserve’s Beige Book highlights a slowdown in economic growth, a weak labor market, and rising input prices, reinforcing expectations of rate cuts. Evercore ISI analysts noted mixed signals from tariffs but affirmed that the Beige Book suggests little change in the economic outlook since the September Fed meeting. As a result, analysts expect a 25 basis point rate cut later this month, with potential further cuts in December to support the economy.
Visa to Link Traditional Finance with On-Chain Lending Systems
Visa's report, "Beyond Stablecoin Payments: Opportunities in On-Chain Lending," redefines decentralized finance as "On-Chain Finance." It highlights that the on-chain credit market has issued over $67 billion in stablecoin loans since 2020. Visa plans to support this sector by providing data, compliance, and infrastructure, helping banks and private credit funds access automated lending protocols, without directly issuing tokens or providing loans themselves.
Analysis: Bitcoin Investors Take Advantage of Dip Around $110,000
On October 16, Bitcoin's price fell below $110,000, attracting growing buyer interest. Liquidity on trading platforms and the $112,300 resistance level gained attention. Glassnode's on-chain analysis reveals strong accumulation signals from entities holding 1 to 1,000 BTC. Additionally, the pace of whale sell-offs has slowed, suggesting a recovery in market confidence.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.