FameEX Morning Crypto News Recap | November 3, 2025
2025-11-03 04:52:42Fed Should Lower Rates When Inflation Drops, Says U.S. Treasury Chief
On November 2, U.S. Treasury Secretary Bessent stated that the Federal Reserve should consider cutting interest rates if inflation falls.
New Hampshire Committee Reviews Bill on Cryptocurrency Mining
The New Hampshire Senate Business Committee approved a cryptocurrency mining deregulation bill 4-2, advancing it for further review. The legislation would bar municipalities from restricting mining operations and ban special taxes on digital assets, aiming to foster industry growth.
Tether Q1–Q3 2025 Net Profit Tops $10 Billion, USDT Supply Hits $174 Billion
Tether's 2025 Q1–Q3 audit reveals over $10B net profit and $6.78B excess reserves. USDT circulation reaches $174B. Holdings include $135B in US Treasuries (17th largest globally), $12.9B in gold, and $9.9B in Bitcoin.
Record Low ETH on Exchanges; Staking Volume Tops 33 Million
Money Ape reports ETH exchange reserves at multi-year lows as staking surges. Over 33 million ETH locked in staking, with supply rapidly declining.
Crypto Analyst Identifies ETH Key Demand Zone at $3120
Crypto analyst @ali_charts identifies $3120 as ETH's key demand zone, with 2.62 million ETH accumulated there.
AllianceDAO Co-Founder QwQiao: Crypto Market Sentiment Turns Cautious
AllianceDAO co-founder QwQiao observes most smart traders and long-term investors turning bearish across all timeframes, with crypto market sentiment growing cautious. Concerned since mid-September, he maintains long-term optimism but recommends rationally reducing positions as a prudent strategy.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.