FameEX Morning Crypto News Recap | October 20, 2025
2025-10-20 03:57:35Key Macro Events: U.S. CPI Release and Fed's Conference on Stablecoins & Tokenization
Key Macroeconomic Events This Week:
Monday: U.S. Conference Board Leading Economic Index (MoM).
Tuesday: Federal Reserve Payment Innovation Conference begins; Governor Waller delivers the opening speech. Topics include stablecoins, AI, and tokenization.
Wednesday: Governor Waller delivers the closing speech at the Fed's payment conference.
Friday: U.S. September CPI and Core CPI inflation data (both YoY and MoM).
On-Chain Contract Trading Volume Surges Over 1000% in Past Year
On-chain contract trading volume surged over 1000% in the past year, Dune data shows.
Jack Dorsey: "Bitcoin is a Currency, Not a Cryptocurrency."
Bitcoin is currency, not a cryptocurrency, declares Twitter co-founder Jack Dorsey.
Viewpoint: The Structural Bull Market Is Still Going Strong, 3 Catalysts for the Next Leg Up
Galaxy Digital Research Director Alex Thorn asserts the structural crypto and stock bull market remains intact, driven by three key forces: AI expenditure, stablecoins, and tokenization.
Japan's FSA Weighs Letting Banks Embrace Cryptocurrency Assets
Based on reports, Japan's Financial Services Agency is considering regulatory changes to permit banks to directly hold cryptocurrencies like Bitcoin as investments. This shift aims to align with growing crypto market trends, allowing banks to trade digital assets similarly to traditional stocks and bonds.
Solana Rises to Become the Leading Custodial Network for Blockchain Apps: Grayscale
According to a Grayscale report, Solana has emerged as the core "custodial network" for blockchain applications, featuring major projects like Raydium and Pump.fun. The ecosystem generates approximately $425 million in monthly revenue, annualizing to around $5 billion, while maintaining an average transaction fee of just $0.02. With over 1,000 full-time developers, Solana's developer community ranks second only to Ethereum. The report notes SOL's annual supply growth rate of 4%-4.5%, staking yields of approximately 7%, and net returns of 2.5%-3% after inflation. Continued network growth suggests potential long-term appreciation for SOL's value.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.