FameEX Morning Crypto News Recap | July 2, 2025

U.S. SEC Introduces New Guidelines for ETP Disclosure in Cryptocurrencies

On July 1, 2025, the U.S. Securities and Exchange Commission's Division of Corporation Finance introduced new guidelines for cryptocurrency exchange-traded products (ETPs). The guidelines mandate ETP issuers to disclose specific content in their offering and registration documents, providing legal clarity for the market.

The U.S. House Set to Debate and Vote on Trump’s Tax and Spending Proposal

The U.S. House of Representatives will debate and vote on Trump’s tax cut and spending package, the “Beautiful Big Bill,” this Wednesday, local time.

Trump’s Tariffs Impact Fed’s Plans to Cut Rates, Says Powell

At the Sintra meeting in Portugal, Fed Chair Powell said Trump’s tariff policy delayed interest rate cuts and raised inflation forecasts. Ongoing economic uncertainty requires the Federal Reserve to gather more data before making decisions on future monetary policy actions.

Dollar Hits Lowest Since February 2022 Amid U.S. Policy Uncertainty

Due to uncertainty in U.S. trade and fiscal policies, the dollar dropped to its lowest since February 2022. Deutsche Bank analysts noted weak economic data could raise chances of a July Fed rate cut, potentially leading to further dollar depreciation.

OTC Bitcoin Trading Balance Falls to 10-Year Low

Bitcoin over-the-counter (OTC) trading balance has fallen to 156,600 BTC, marking the lowest level in the past decade.

BTC’s July Performance Suggests $116,000 Potential, Analyst Predicts

Independent analyst Markus Thielen's research shows BTC has risen seven times in July over the past decade, averaging a 9.1% increase. Even during declines, drops are in single digits. If historical trends hold, Bitcoin may see another surge and potentially reach $116,000 in the coming weeks.

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