FameEX Morning Crypto News Recap | July 22, 2025
2025-07-22 03:31:25Trump Has No Plans to Dismiss Powell, Focuses on Interest Rate Cuts
White House Press Secretary Levitt confirmed that Trump has no plans to fire Powell and stressed the need for interest rate cuts. He also mentioned that the administration is not concerned about deficit issues arising from the tax reduction bill.
U.S. SEC Chairman Paul Atkins Asserts ETH Is Not a Security
U.S. SEC Chairman Paul Atkins stated in a CNBC interview that Ethereum (ETH) is not considered a security, clarifying the regulatory stance on the cryptocurrency.
Ethereum Spot ETF Sees Record Weekly Net Inflow of $2.18 Billion
According to SoSoValue data, Ethereum spot ETFs saw a record weekly net inflow of $2.18 billion. BlackRock's ETF ETHA contributed $1.76 billion, bringing its total historical net inflow to $8.06 billion.
QCP: Altcoin Season Likely Started, ETH Market Share Reaches 11.6%
QCP Capital's July 21 market report highlighted that altcoin season indicators have surged, reaching their highest level since last December. Notably, the open interest of ETH perpetual contracts rose sharply from $18 billion to $28 billion in just one week, signaling the possible start of the altcoin season.
Over 90% of Ethereum Addresses Now in Profit, Reaching 2024's New High
Sentora's on-chain analysis reveals that over 90% of Ethereum addresses are in profit, the highest since December 2024. With fewer addresses holding Ethereum above its current price, on-chain resistance is low. The first major resistance is near $4,000, with 2.39 million addresses holding Ethereum at a loss.
BTC and ETH Exchange Inflows Reach Record Highs, Driving Miner Sell-Off
An analyst noted that Bitcoin's rise to historic highs sparked the largest miner sell-off since April, with 16,000 BTC sent to exchanges. On July 15, Bitcoin exchange inflows surged to 81,000 BTC, the highest since February, driven by whales and miners. Transfers of 100 BTC or more increased from 13,000 to 58,000 BTC. Ethereum experienced a similar trend, with around 2 million ETH flowing into exchanges on July 16, marking the highest daily inflow since late February.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.