FameEX Morning Crypto News Recap | October 20, 2025
2025-10-20 03:59:52Macro Watch: U.S. Awaits CPI Data as Fed Convenes on Stablecoin and Tokenization
Complete List of Key Macroeconomic Events This Week
Monday: U.S. Conference Board Leading Economic Index (Month-over-Month)
Tuesday: Federal Reserve Payment Innovation Conference begins; Opening speech by Governor Waller; Conference topics include Stablecoins, Artificial Intelligence (AI), and Tokenization.
Wednesday: Closing speech by Governor Waller at the Federal Reserve's Payment Innovation Conference.
Friday: U.S. Consumer Price Index (CPI) for September; Year-over-Year inflation data; Month-over-Month (MoM) inflation data; U.S. Core CPI for September;
On-Chain Contract Trading Sees Over 1000% MoM Growth in Past Year
Past year's on-chain contract trading volume grew over 1000%, according to Dune data.
"Bitcoin is Currency, Not a Cryptocurrency," Says Jack Dorsey.
Twitter's Jack Dorsey asserts that Bitcoin is currency, not a cryptocurrency.
Viewpoint: The Structural Bull Market's Foundation Is Solid, Three Forces Gathering for an Ascent
Galaxy Digital's Research Director Alex Thorn states the structural bull market in crypto and equities remains intact. Key drivers propelling it are AI capital expenditure, stablecoin growth, and tokenization.
Japan Considers Bank Crypto Holdings in Move to Align with Market Trends
To align with the expanding crypto market, Japan's FSA is reportedly considering allowing banks to hold cryptocurrencies for investment. This regulatory shift would permit banks to trade digital assets like Bitcoin in a manner comparable to stocks and bonds.
Grayscale Report: Solana Emerges as the Core Custodial Network for Blockchain Apps
A Grayscale report positions Solana as the leading "custodial network" for blockchain applications, citing projects like Raydium and Pump.fun. The ecosystem boasts a massive $425M monthly revenue ($5B annualized) with remarkably low $0.02 average fees. It has over 1,000 full-time developers, second only to Ethereum. With SOL's annual supply growth at 4-4.5% and staking yields offering a net 2.5-3% after inflation, the report suggests that continued network growth could drive long-term price appreciation for SOL.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.