Federal Reserve
Federal Reserve proposes limited master accounts long pursued by crypto firms
The U.S. Fed issued a revised proposal on the structure of payment accounts, taking the next step to build on an earlier pitch for so-called skinny accounts.
Jane Street accused of dumping $192M UST before Terra crash
Newly unsealed court filings allege Jane Street used a private Telegram backchannel with Terraform Labs insiders to dump $192 million of UST before the stablecoin's 2022 collapse. The firm then allegedly made $134 million shorting Terra. Jane Street denies the claims. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Trump orders government, Fed to review crypto firms' access to payment rails
Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote
Warsh’s confirmation to the Fed board positions the crypto-linked investor to replace Jerome Powell as chair amid inflation and digital asset policy debates.
eBay rejects GameStop's $56B bid
eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Fed leaves rates unchanged at Jerome Powell's final meeting as chairman
The U.S. Federal Reserve's next meeting in June is likely to be led by Kevin Warsh after he cleared a Senate Banking Committee vote on Wednesday.
Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve
The Justice Department passed an investigation of Fed Chair Jerome Powell to the Fed's own inspector, which could clear a confirmation path for Kevin Warsh.
Bitcoin slides toward $75,000 amid Warsh hearing, stalling U.S.-Iran talks
The S&P 500 and Nasdaq gave back their early morning gains alongside BTC as markets digested the Fed Chair nominee's Senate confirmation hearing and report of stalled Iran talks.
Bitcoin faces near-term pressure as liquidity tightens, Hilbert Group CIO says
Russell Thompson warned of a sharp tightening in global liquidity that could weigh on risk assets and bitcoin in the near term, before expected U.S. policy action provides relief.
Bitcoin's rally faces key hurdle with Wednesday's Fed meeting
Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.
