FameEX Morning Crypto News Recap | July 29, 2025
2025-07-29 03:23:04Trump Announces Global 15-20% Tariffs Imposed by the U.S.
U.S. President Trump announced that the United States will impose global tariffs ranging from 15-20% on various regions worldwide.
Bitcoin Demand Soars in $117,000 Range, Holding 73,000 BTC
Glassnode data indicates that Bitcoin continues to attract strong demand around the $117,000 range, with holding costs for approximately 73,000 BTC. The market absorbs every price drop, and investors are gradually increasing their holdings, showing steady accumulation within this price level.
July Sees Stablecoin Net Outflow Exceed $5.7 Billion, Breaking Two-Year Record
Sentora revealed that in July, stablecoin net outflows from trading platforms surged to over $5.7 billion, marking the highest level in nearly two years.
PayPal Enables U.S. Merchants to Accept Payments in 100+ Cryptocurrencies
PayPal now enables U.S. merchants to accept payments in over 100 types of cryptocurrency. Frank Keller, General Manager of PayPal's Large Business and Merchant Platform, highlighted the growing $3 trillion cryptocurrency market, aiming to help small and medium-sized businesses tap into its expanding consumer base of 650 million users globally.
CryptoQuant Analysts Forecast Market Cycle Peak Could Form on September 10
CryptoQuant analysts observe a pattern resembling the 'double peak camel' from 2021. They predict a potential market peak around September 10, following a six-month interval. However, since MVRV is a lagging indicator, the actual price peak might occur as early as the end of August.
Ethereum Contract Open Interest Surpasses $60 Billion, Reaching Historic High
On July 28, Ethereum contract open interest surpassed $60 billion, reaching $60.577 billion, marking a historical high. According to Coinglass, it grew by 8.17% within 24 hours.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.