FameEX Morning Crypto News Recap | December 17, 2025
2025-12-17 03:38:43Trump pushes for lower interest rates as White House highlights steady employment gains
White House National Economic Council Director Kevin Hassett revealed that President Trump believes interest rates can be lowered further to support the economy. He emphasized that recent employment data is exhibiting a robust and steady upward trend, indicating strong job growth.
FDIC greenlights application framework for payment stablecoin-issuing banks
The Federal Deposit Insurance Corporation (FDIC) approved a proposed rule creating an application process for FDIC-supervised institutions to issue payment stablecoins via subsidiaries. This implements the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act), marking the first formal rulemaking. A 60-day public comment period has begun.
Rate futures signal expectation of dual Fed cuts next year
Despite recent U.S. employment and retail sales data, interest rate futures continue expecting two Federal Reserve rate cuts in 2026, implying about 58 basis points of monetary easing next year.
Fourteen Top U.S. Banks Pursuing Bitcoin Product Development
Data indicates that 14 out of the 25 largest banks in the United States are currently developing Bitcoin products for customers.
Funding rates reveal broad bearish outlook across major cryptocurrencies
Coinglass data reveals that funding rates on major centralized (CEX) and decentralized (DEX) exchanges for mainstream cryptocurrencies remain predominantly negative or subdued. This persistent pattern signals ongoing bearish market sentiment, as funding rates periodically adjust to balance perpetual contract prices with underlying spot asset prices.
Bitcoin outperforms broader crypto market in last three months' returns
Glassnode reports that over the past three months, average returns in nearly all cryptocurrency sectors have lagged behind Bitcoin's performance. This continued relative underperformance signals a market environment where investor capital is increasingly concentrating in BTC.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.