FameEX Morning Crypto News Recap | August 1, 2025
2025-08-01 08:06:44U.S. Announces New Tariffs Targeting Multiple Nations
The White House imposed new tariffs: 25% on India, 19% on Thailand, 30% on South Africa, and 15% on Turkey and Venezuela. Countries with a trade surplus with the U.S. 10% tariff rate.
SEC Head Requests Review of Cryptocurrency Asset Custody Framework
SEC Chairman has directed staff to explore adjustments to the cryptocurrency asset custody framework to support its development. He also instructed staff to create a framework for parallel trading of crypto and non-crypto securities. This may require revisions to the National Market System Rules for tokenized securities.
BlackRock’s Spot Bitcoin ETF Draws 75% New Investors
Eric Balchunas, Bloomberg ETF senior analyst, revealed on platform X that 75% of investors in BlackRock's spot Bitcoin ETF "IBIT" are new clients. Of these new clients, 27% went on to purchase other iShares ETFs following their investment in IBIT.
Glassnode: Bitcoin Price Exceeds Short-Term Holders' Cost Range, Pullbacks Supported
Glassnode reports that Bitcoin's current price remains above the cost range of all short-term holders (3-month range: $110,000 to $117,000). With trading volume low, this suggests that if a pullback happens, there will be significant support at these levels.
Deloitte Survey: 99% of CFOs in North America Intend to Adopt Cryptocurrency
Deloitte's Q2 CFO Signals Spotlight survey reveals that over 99% of CFOs from North American companies with annual revenues over $1 billion expect to incorporate cryptocurrency into their financial operations in the future, based on a survey of 200 CFOs.
Global NFT Sales Hit $574 Million in July 2025, Up 47.6% From June
Global NFT sales hit $574 million in July 2025, a 47.6% increase from the previous month, making it the second-highest monthly sales this year. Despite a 9% drop in transaction volume to 5 million, the average selling price rose to $113.08.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.