FameEX Morning Crypto News Recap | September 17, 2025

Three Fed Governors May Dissent in September, A First Since 1988

The U.S. Senate narrowly confirmed Milam as a Fed governor. Two other governors, Bowman and Waller, dissented in July, favoring rate cuts. Analysts expect they may dissent again in September, potentially marking the first triple opposition at the Fed since 1988 due to a softening labor market.

Dollar Weakens Across G10 and Asia on Dovish Fed Outlook

The U.S. dollar has weakened against G10 and Asian currencies as expectations of Fed rate cuts boost risk appetite. A Credit Suisse analyst noted that with inflation under control, the Fed is prepared to ease policy to address the softening U.S. labor market.

Gold Hits All-Time High, Reaching $3,689.27 Per Ounce

Spot gold hit a record high of $3,689.27 per ounce on September 16, gaining nearly 0.2% intraday.

Blockstream CEO: Running a Bitcoin Node Carries Significant Risks

Blockstream CEO Adam Back stated that P2P networks inherently carry privacy and anonymity risks for node operators. He emphasized these challenges are not new and have existed for decades, noting that Bitcoin node operators face similar long-standing vulnerabilities.

Tether Reenters US Market, Vying for Stablecoin Dominance

Tether plans a U.S. comeback, aiming for dominance. Its $171 billion USDT stablecoin maintains its top global position by being backed chiefly with U.S. Treasury bonds.

Grayscale: Debt & Inflation Threaten Dollar, Crypto a New Safe Haven

Based on a Grayscale report, the U.S. faces a dollar credibility crisis due to high debt, rising rates, and persistent deficits. This may drive investors toward alternative stores of value, such as cryptocurrencies, if faith in dollar stability declines.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.