FameEX Morning Crypto News Recap | August 5, 2025
2025-08-05 05:20:19U.S. Digital Asset Task Force Proposes Clear Division of Crypto Oversight
On August 4, the White House Digital Asset Working Group released a policy report proposing a clearer market structure and bank regulation framework for cryptocurrencies. The report emphasizes defining the regulatory roles of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Labor Department Data Deemed Unreliable by Senior White House Official
On August 4, White House National Economic Council Director Hassett stated that data from the Bureau of Labor Statistics has become "very unreliable".
Bitcoin Spot ETFs See $643M Outflow Last Week, BlackRock’s IBIT Gains $355M
Last week, Bitcoin spot ETFs experienced a net outflow of $643 million, breaking a seven-week streak of inflows. In contrast, BlackRock’s IBIT saw a $355 million net inflow, raising its total historical net inflow to $57.6 billion.
Two More Upswings Expected This Cycle, Says CryptoQuant Analyst
CryptoQuant analyst Axel Adler Jr noted that investor risk appetite typically weakens in late-stage bull markets. Indicators peaked above 1.9 in March and December 2024 but have since declined, signaling growing sell-offs by holders. This selling pressure coincides with expectations of two Fed rate cuts and two potential market rallies in the current cycle.
Goldman Sachs Predicts Fed Will Begin Three Consecutive Rate Cuts in September
Goldman Sachs expects the Federal Reserve to start three consecutive 25-basis-point rate cuts in September. However, if the upcoming jobs report shows a higher unemployment rate, the initial cut could be as large as 50 basis points.
Analysts Warn Crypto Bull Run Nears End as MicroStrategy Stumbles
Greeks.Live indicated the crypto bull market may be ending, as Bitcoin’s 200-day moving average hits $100,000. Market sentiment is weakening due to MicroStrategy’s underperformance and a shift in its financing model—from zero interest to monthly interest payments. Additionally, falling share premiums reflect lowered investor confidence in Bitcoin’s continued upward momentum.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.