FameEX Morning Crypto News Recap | May 29, 2025
2025-05-29 03:50:49Government Bonds Slide After Rejection of Trump’s Global Tariff Plan
On May 29, the U.S. Federal Trade Court rejected Trump’s global tariffs, prompting a potential shift from safe-haven assets and causing a decline in major government bond prices.
Federal Reserve Expects Prolonged Inflation Period
Federal Reserve minutes reveal most officials expect inflation to persist longer than anticipated, while staff highlight that tariff policies are weighing more heavily on economic activity than earlier projections suggested.
BlackRock’s IBIT Hits $72B AUM One Year Post-Launch
BlackRock’s IBIT ETF has reached $72 billion in assets and ranked among the top 25 ETFs, a year after launching, per Bloomberg analyst.
Glassnode: 1–5 Year Bitcoin Holders Move $4.02B
Glassnode data reveals long-term Bitcoin holder activity surged, as the 1–5 year holding group transferred $4.02 billion—its highest level since February.
Musk Set to Start Exiting U.S. Government Tonight
White House officials confirmed Musk is leaving the government, with his departure process set to begin tonight, according to local time reports.
SEC to Host June 9 DeFi, American Values Roundtable
The SEC's crypto division will host a roundtable titled "DeFi and the Spirit of America" on June 9. SEC Chairman Paul S. Atkins will attend, alongside invited guests from DeFi and crypto-native organizations.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.