FameEX Morning Crypto News Recap | August 15, 2025
2025-08-15 04:15:33U.S. Government to Stop Buying Bitcoin, Bitcoin Price Drops Below $120,000, Says Treasury Secretary
In yesterday's Fox Business interview, Bessent confirmed that the government will no longer purchase Bitcoin, opting to use seized assets to bolster reserves. This announcement led to Bitcoin dropping below the key psychological support level of $120,000.
Federal Reserve Faces Internal Disagreements on Interest Rate Cut Decisions
Ruisui Securities Chief Economist Stephen Rich Uto highlighted that within the Federal Reserve, neither hawks nor doves hold a majority. Most officials are in the middle ground, anticipating intense debates before the September meeting regarding interest rate decisions.
Glassnode Reports 99% of BTC Supply Is Profitable
On August 14, Glassnode reported that 99% of Bitcoin supply is currently profitable, with the indicator remaining at 95% during the July market adjustment. The data, supported within its +1 standard deviation range, suggests that investors are holding unrealized gains, indicating resilience in the market amid volatility.
Ethereum Fund Inflows Reach $10.5 Billion Year-to-Date
CoinShares research director James Butterfill reported that Ethereum's fund inflows this week rose to $2.3 billion, bringing the total to $10.5 billion year-to-date. Ethereum's assets under management now total $38.726 billion, significantly surpassing those of other cryptocurrencies, according to CoinShares data.
JPMorgan Report Attributes Ethereum's Outperformance to Stablecoin Issuance
JPMorgan's report indicates that Ethereum's recent outperformance is largely driven by its role in the stablecoin ecosystem. As Wall Street continues to issue a large number of stablecoins on Ethereum, the network is poised to capture significant growth opportunities, hosting the majority of stablecoin assets through both Layer 1 and Layer 2 solutions.
Ethereum Foundation-Linked Wallet Sells 6,194 ETH for $28.36 Million
Onchain Lens monitoring reveals that a wallet linked to the Ethereum Foundation sold 6,194 ETH in the last two days, totaling $28.36 million. Recently, the wallet received 3,000 ETH worth $13.69 million and is expected to sell it shortly.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.