FameEX Morning Crypto News Recap | October 27, 2025
2025-10-27 03:54:41Trump Selects Michael Selig to Head CFTC
Trump nominated Michael Selig as CFTC Chairman. Selig, currently the SEC's cryptocurrency working group Chief Legal Advisor and former SEC Chairman assistant, is Trump's second pick for the role. The CFTC is expected to play a significant role in reviewing cryptocurrency market structure legislation.
U.S. Treasury's Bessent Predicts Inflation Decline to Fed Target
Treasury Secretary Bessent is confident inflation will near the Federal Reserve’s 2% target. He warned that the ongoing government shutdown is weakening the U.S. economy’s strength, impacting its overall economic stability.
White House Announces It May Not Release Inflation Reports Next Month, Impacting Fed Decisions
The White House announced it may not release U.S. inflation data next month, as the Bureau of Labor Statistics collected minimal price data in October, severely complicating reconstruct an accurate Consumer Price Index (CPI) report for the period.
Peter Schiff Cautions JPMorgan’s BTC, ETH Collateral Use Risks Market Crash
Economist Peter Schiff warned on October 24 that JPMorgan’s decision to allow BTC and ETH as collateral for institutional lending may inflate crypto prices short-term but risks a major market collapse, potentially causing significant losses for borrowers and JPMorgan in the long run.
Dormant Bitcoin Liquidity Soars to All-Time High in 2025, Over 300,000 Coins
In 2025, Bitcoin dormant for over 7 years has seen unprecedented liquidity, surpassing last year's total with 270,000 coins moved by October, a new historical high. Analysts attribute this to old miners transferring funds, upgrading to secure cold wallets, and profit-taking at high prices. If the trend continues, liquidity could exceed 300,000 coins by year-end.
Stablecoin Transactions Surpass $10 Billion in August 2025
Since the U.S. passed a cryptocurrency regulatory bill in July 2025, stablecoin use for payments has surged. Artemis reports August 2025 stablecoin transaction volume hit $10 billion, up from $6 billion in February and doubling since August 2024. At this pace, annual stablecoin payments could reach $122 billion.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.