FameEX Morning Crypto News Recap | October 27, 2025
2025-10-27 03:55:47Trump Names Michael Selig as CFTC Chair
President Trump nominated Michael Selig as CFTC Chairman. Selig, the SEC's crypto task force Chief Counsel and former SEC Chairman aide, is Trump's second choice. The CFTC will likely shape cryptocurrency market regulations, influencing the $4 trillion industry as Selig's Senate confirmation looms.
U.S. Treasury Secretary Bessent Foresees Inflation Meeting Fed’s Goal
U.S. Treasury Secretary Bessent expressed optimism that inflation will steadily decline toward the Federal Reserve’s 2% target. He cautioned that the ongoing government shutdown is undermining the U.S. economy’s resilience, threatening its stability.
White House Announces May Not Release U.S. Inflation Data Next Month, Affecting Federal Reserve Decisions
The White House may not release U.S. inflation data next month, citing insufficient price data collected by the Bureau of Labor Statistics in October. Data complicates reconstructing an accurate Consumer Price Index (CPI) report, potentially impacting economic policy decisions.
Peter Schiff: JPMorgan’s BTC, ETH Collateral May Cause Market Downfall
Economist Peter Schiff, a gold advocate, warned on October 24, 2025, that JPMorgan’s move to accept BTC and ETH as collateral for institutional loans could temporarily boost crypto prices. However, he predicts a potential market collapse, leading to substantial losses for both borrowers and JPMorgan in the long term.
Bitcoin Unmoved for 7 Years Reaches 2025 Liquidity Record, Topping 300,000 Coins
In 2025, Bitcoin dormant for over 7 years hit a record liquidity high, with 270,000 coins moved by October, surpassing last year’s total. Analysts cite old miners’ transfers, cold wallet upgrades, and profit-taking. Liquidity may exceed 300,000 coins by year-end.
Stablecoin Transaction Volume Hits $10 Billion in August 2025
In July 2025, a U.S. cryptocurrency bill boosted stablecoin payment use. Artemis reports August 2025 transaction volume reached $10 billion, up from $6 billion in February, doubling since August 2024. Annual payments could hit $122 billion.
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