FameEX Morning Crypto News Recap | September 9, 2025
2025-09-09 06:38:35Nasdaq Seeks Rule Change to Enable Tokenized Securities Trading
Nasdaq proposed rule changes to the SEC, seeking approval to enable trading of securities in both traditional digital and tokenized formats on its exchange.
White House’s Hassett Questions Federal Reserve’s Independence
Hassett, head of the White House NEC, remarked on September 7 that Fed independence is in doubt. Despite concerns, he stated there are no current plans for reform.
Spot Gold Surges Past $3,610 to Hit Record High
On September 8, spot gold rose above $3,610 per ounce, marking a new record high with intraday gains exceeding 0.5%.
Analyst: Rate Cuts Insufficient for Bitcoin to Break $120,000
Vincent Liu, CIO of Kronos Research, warned that Fed rate cuts alone may not boost Bitcoin, as economic weakness, high inflation, weak risk appetite, and limited ETF inflows constrain momentum, leaving $120,000 difficult to surpass.
Matrixport: Trump’s Impact Could Restructure Fed, Crypto Capital Moves to Tokenized Gold
Matrixport reported that U.S. Congress approved a $5 trillion debt ceiling hike, with $1.2 trillion new debt fueling gold’s surge. Trump’s growing sway over Federal Reserve appointments adds uncertainty, while crypto investors increasingly shift capital into tokenized gold.
NFT Sales Sink to $91.96M, Lowest Since Mid-June
NFT sales dropped to $91.96 million in early September, marking the lowest since mid-June, after staying above $115 million weekly during July and August.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.