FameEX Morning Crypto News Recap | March 5, 2025

Trump Administration Overhauls SEC, Introduces $50,000 Severance Package

On March 4, the SEC announced a $50,000 severance package for eligible employees who resign by April 4. This initiative is part of the Trump administration’s broader effort to restructure the SEC and federal government, aiming to streamline operations and implement significant institutional changes.

More Than 25,000 Bitcoin Withdrawn from Exchanges in the Last Two Weeks

Crypto analyst Ali Martinez reports that 25,000+ BTC were withdrawn from exchanges in the last two weeks, indicating potential accumulation.

Crypto Markets Undergoing Mid-Bull Cycle Correction

Chris Burniske, partner at Placeholder, views the current market panic as a buying opportunity, considering it a mid-term bull market correction. He believes the cycle's peak hasn't arrived and remains bullish despite Bitcoin’s pullback. Burniske advises against selling during market spikes, emphasizing long-term growth potential in the ongoing bull run.

Poll Reveals 52% Disapprove of Trump’s Job Performance

A CNN poll before Trump’s speech to Congress found 52% disapproved of his job performance, while 48% approved. Conducted before his meeting with Zelensky and Vance, the poll also showed 39% believed the U.S. was on the right track under Trump’s policies, while 45% disagreed.

El Salvador's President Dismisses Predictions to Stop Bitcoin Purchases

El Salvador’s President Nayib Bukele confirmed that the country will continue purchasing Bitcoin despite the IMF’s request to restrict public sector acquisitions. 

Market Value of 14 Public Mining Firms Dropped 22% in February

JPMorgan Chase reports a 22% decline in the market value of 14 listed mining companies in February, signaling Bitcoin mining weakness. The drop followed DeepSeek AI’s announcement and concerns over near-term data center capacity demand, particularly affecting miners with high-performance computing exposure.

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