News/FameEX Morning Crypto News Recap | June 30, 2025

FameEX Morning Crypto News Recap | June 30, 2025

2025-06-30 06:45:03

Trump Comments on Federal Reserve Chairman Nominee and Criticizes Powell

On June 29, U.S. President Trump discussed the next Federal Reserve Chairman, praising Walsh's talent but suggesting he may not be selected due to reluctance to pay 10-year debt at higher rates. Trump also criticized Powell, calling him a foolish person.

 

BIS States Trump's Criticism Won't Impact Federal Reserve Independence

On June 29, the Bank for International Settlements emphasized that despite President Trump's criticism of the Federal Reserve's interest rate decisions, such remarks do not pose a threat to the central bank's independence or its decision-making processes.

 

Musk Slams U.S. Senate Tax Reform Bill, Claims It Will Destroy Jobs

Elon Musk expressed strong disapproval on social media regarding the U.S. Senate’s latest tax and spending bill, claiming it would lead to the destruction of millions of jobs and cause long-term strategic harm to the U.S. This is not the first time Musk has criticized the tax reform bill backed by Trump. 

 

Strategy to Expand Bitcoin Holdings Released by Michael Saylor on X Platform

On June 29, Strategy's Executive Chairman, Michael Saylor, shared Bitcoin Tracker information on the X platform, urging that in 21 years, people will regret not buying more. Historically, Strategy reveals plans to increase Bitcoin holdings the day after significant news is announced.

 

Retail Investor Demand Drops 10%, Reaches 6-Month Low

CryptoQuant analyst Maartunn reported a 10% decrease in retail investor demand over the past month. Additionally, the transfer volume on the 0-day moving average between $10 and $30 has hit a 6-month low.

 

27% of Koreans Aged 20 to 50 Hold Cryptocurrency, 40-Year-Olds Have Highest Ratio

A Korea Economic Research Institute report reveals that 27% of Koreans aged 20-50 hold cryptocurrency assets, comprising an average of 14% of their financial assets. The 40-year-old group leads with the highest holding ratio at 31%.

 

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.

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