FameEX Morning Crypto News Recap | October 30, 2025
2025-10-30 04:49:07Federal Reserve Delivers Another 25bp Interest Rate Cut
The Federal Reserve cut the federal funds rate by 25 basis points to 3.75%-4.00% on October 29, marking its second cut since September 17 and fifth since September 2024.
Fed Chair Powell Eyes Slower Rate Cuts Amid Data Shortage
Fed Chair Powell announced on October 30 that the pace of rate cuts could slow without new data or economic shifts. He hopes more comprehensive information by December to guide future decisions.
U.S. Senate's 13th Failure Extends Ongoing Government Shutdown
On October 28 ET, the U.S. Senate failed a procedural vote (54-45) to advance the FY2025 Continuing Appropriations Act, needing 60 votes. Marking the 13th failure, the government shutdown persists.
Net Price Gap Stays Positive for Trading Platforms, Easing Sell-Off Strain
On October 29, CryptoQuant analyst Axel reported trading platforms' net price difference remained positive at a 30-day moving average of +$1 billion, exceeding the long-term baseline. Net cash inflows surpass BTC and ETH withdrawals, indicating reduced overall market selling pressure.
Federal Reserve Cuts Rates Amid S&P 500's Historic Peak
On October 29, analyst Kobeissi noted the Federal Reserve cut interest rates as the S&P 500 hit a historic high, the fifth such occurrence. Historically, the S&P 500 rose in all four prior cases, averaging nearly 20% gains 12 months later.
Mastercard Eyes $1.5B–$2B Acquisition of Crypto Startup Zerohash
Mastercard is negotiating to acquire crypto infrastructure startup Zerohash for $1.5–2 billion, potentially its biggest stablecoin move. Founded in 2017 in Chicago, Zerohash offers stablecoin and trading services, including asset tokenization APIs for institutional clients.
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