News/FameEX Morning Crypto News Recap | October 17, 2025

FameEX Morning Crypto News Recap | October 17, 2025

2025-10-17 03:09:49

Federal Reserve Governor Waller: GDP or Job Growth Resilience May Delay Interest Rate Cuts

On October 16, Federal Reserve Governor Waller stated that if GDP stays resilient or the job market accelerates, the pace of interest rate cuts may slow.

 

SEC Chairman Highlights Cryptocurrency and Tokenization as Top Priorities

On October 16, SEC Chairman Paul Atkins highlighted cryptocurrency and tokenization as top priorities during the Washington Fintech Week event. He emphasized the SEC's goal to establish a strong regulatory framework that attracts cryptocurrency companies back to the U.S., fostering future innovation and development in the sector.

 

U.S. Regional Bank Crisis Causes Sharp Drop in Bank Stock Prices

U.S. regional banks are facing a crisis, causing a sharp decline in bank stock prices. Zions Bancorp’s stock fell 15% due to a $50 million impairment charge, while Western Alliance Bancorp dropped 13%. As a result, the KBW Bank Index closed down 3.6%.

 

Analysts Say Federal Reserve's Beige Book Confirms Rate Cut Expectations

The Federal Reserve's Beige Book reports slowed economic growth, a weak labor market, and rising input prices, strengthening expectations for rate cuts. Evercore ISI analysts noted mixed signals from tariffs but emphasized the Beige Book supports a steady economic outlook since the September meeting. This suggests the Federal Reserve may cut rates by 25 basis points later this month, with potential further cuts in December.

 

Visa Aims to Bridge Traditional Finance with On-Chain Lending Protocols

Visa's report, "Beyond Stablecoin Payments: Opportunities in On-Chain Lending," redefines decentralized finance as "On-Chain Finance." Since 2020, over $67 billion in stablecoin loans have been issued. Visa will focus on offering data, compliance, and infrastructure support, enabling banks and private credit funds to access automated lending protocols without directly issuing tokens or providing loans.

 

Analysis: Bitcoin Investors "Buying the Dip" Near $110,000

On October 16, Bitcoin's price dropped below $110,000, sparking renewed buyer interest. Liquidity on trading platforms and the $112,300 resistance level are key focuses. Glassnode's analysis shows strong accumulation by entities holding 1 to 1,000 BTC, with whale sell-offs slowing, indicating a recovery in market confidence.

 

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

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