FameEX Morning Crypto News Recap | August 29, 2025
2025-08-29 04:01:22Trump Ousts Fed Governor, Prompting Questions on Fed Independence
Trump’s dismissal of Fed Governor Lisa Cook reignited worries over the Federal Reserve’s independence, driving the dollar lower. Deutsche Bank noted the move spurred expectations of quicker rate cuts and rising inflation among investors.
Profitable Bitcoin Wallets Top 55 Million, Marking Record High
Profitable Bitcoin wallets have surpassed 55 million, a record high, with an average holding period of 4.4 years.
Stablecoin Market Cap Tops $280 Billion, Reaches Record High
DefiLlama data reveals stablecoins’ total market value has surpassed $280 billion, reaching $280.4 billion, marking a new all-time high.
CME Ethereum Futures Open Interest Breaks $10B, Reaches Record High
Ethereum futures open interest on CME has exceeded $10 billion for the first time, setting a record. Large open interest holders rose to 101, highlighting growing institutional participation.
Ethereum Held by Reserves and Spot ETFs Surpasses 9% of Total Supply
As of August 28, StrategicETHReserve data shows reserve entities and spot ETFs collectively hold 9.2% of Ethereum’s supply. Seventy reserve entities account for 3.6% ($19.96B), while spot ETFs hold 5.6% ($30.99B).
Goldman Sachs’ Ethereum Spot ETF Holdings Reach $721 Million
As of August 28 13F filings, Goldman Sachs holds $721 million in an Ethereum spot ETF, ranking as the largest holder. Jane Street follows with $190 million, while Millennium holds $186 million.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.