FameEX Morning Crypto News Recap | March 13, 2025

Trump Unveils Countermeasures to EU Retaliatory Tariffs

President Trump said he would respond to the EU's retaliatory tariffs, noting initial flexibility but limited options once action starts. He emphasized that April 2nd will be a significant day regarding the tariff issue.

U.S. February Adjusted CPI Rises 0.2% MoM, Below 0.3% Estimate, Down from 0.5% Prior

U.S. February inflation data showed cooling trends: unadjusted CPI rose 2.8% year-on-year, the lowest since November, and adjusted CPI increased 0.2% month-on-month, the lowest since October. Core CPI rose 3.1% year-on-year, the lowest since April 2021, while adjusted core CPI rose 0.2% month-on-month, the lowest since December.

The Bitcoin Act: U.S. Proposes 1M BTC Reserve at No Cost to Taxpayers

The U.S. is advancing the BITCOIN Act of 2025 to create a Strategic Bitcoin Reserve, targeting 1 million bitcoin in five years without taxpayer costs. Funding will come from Federal Reserve remittances, gold certificate revaluations, and budget-neutral methods, ensuring no additional taxpayer burden.

Bitcoin Market Dominance Increases Despite Decline in Active User Share

IntoTheBlock’s on-chain analysis reveals Bitcoin’s market cap dominance has steadily increased since 2022, marking one of the longest growth periods in its history. However, despite this dominance, Bitcoin’s share of active users is declining.

Bullish Momentum in CME Bitcoin Futures Wanes Following Trump’s Election

Bullish sentiment after Trump’s victory has faded, as the CME Bitcoin futures price spread between next and near-month contracts narrowed to $495—its lowest since November 5. CF Benchmarks' Thomas Erdösi said the narrowing reflects traders lowering expectations, indicating the market has already priced in the impact of Trump’s election win.

Multiple Spanish Banks Set to Launch Cryptocurrency Services

Spanish banks CaixaBank, Kutxabank, and Renta 4 are preparing to offer crypto-related services, following Banco Sabadell (BBVA). This move aligns with the upcoming implementation of the EU’s Cryptocurrency Market Regulation Act (MiCA), which provides a regulatory framework for digital assets. MiCA enables traditional banks to legally offer cryptocurrency custody and sales services.

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