FameEX Morning Crypto News Recap | November 7, 2025
2025-11-07 03:32:03White House-Senate Dialogue on Crypto Market Framework
White House crypto chief David Sacks held productive talks with Senate Agriculture Chair John Boozman and Sen. Cory Booker on cryptocurrency market structure legislation. He’s excited about progress and anticipates a bipartisan bill soon.
Trump Advocates U.S. Crypto Adoption, Ends Federal 'War' on Digital Currencies
Trump, at Miami's American Business Forum, urged the U.S. to embrace cryptocurrencies and lead globally. He signed a historic executive order ending the federal government's war on crypto, declaring the industry no longer under siege.
Persistent Inflation Forecast by Fed Until 2026
Federal Reserve official Hamak predicts inflation will stay high through 2026 and warns the job market may be weaker than official data shows.
72 of Top 100 Tokens Remain Over 50% Off Highs
Galaxy Research reports that, as of November 6, 72 of the top 100 cryptocurrencies by market cap have fallen 50% or more from their all-time highs.
Large Sell Orders Near $105,000 for Bitcoin May Form a Resistance Level
CoinGlass monitoring shows a significant sell wall forming in the BTC spot order book heatmap above $105,000. This concentration of sell orders may establish a key resistance level.
Bitcoin Mining Gains Japan's Support as 11th Official Country
VanEck research reveals Japan as the 11th country to officially support Bitcoin mining via government initiatives, joining a select group providing resources to bolster the industry.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.