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Policy

White House to meet with crypto, banking executives to discuss market structure bill

A vote on the legislation was delayed earlier this month after hitting resistance over how it proposes regulation regarding stablecoins.

White House (Michael Schofield/Unsplash)

Markets

Federal Reserve holds policy steady as early rate cut bets vanish and bitcoin stalls

The January Fed rate decision capped a sharp reversal in easing expectations, likely among the reasons for crypto's poor price performance.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)

Markets

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

Donald Trump points at the audience during a press conference at the White House.

Policy

Senate Agriculture panel delays market structure hearing to Thursday after winter storm

The Senate Agriculture Committee pushed its planned markup hearing, where lawmakers would debate and vote on its market structure bill, to Thursday morning.

CoinDesk

Policy

Senate Agriculture's crypto market structure draft peppered with Democrat pitches

The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next week.

Senator Amy Klobuchar, D-Minn. (screen capture, Senate Agriculture Committee)

Markets

Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention

Having earlier breached $100 per ounce for the first time ever, silver has risen to $101, while gold sits just shy of $5,000 per ounce.

CoinDesk

Markets

BitGo stock edges higher in NYSE debut as investors bet on the ‘plumbing’ of the crypto world

The crypto custodian priced its initial public offering at $18 per share late Wednesday.

BitGo at NYSE. (X/Matt Ballensweig)

Markets

Bitcoin falls bellow $89,000 as rally attempt fizzles despite trade war risk relief

"The consensus view is that crypto markets are bearish until about September," said one analyst.

A trader rests his forehead on his desk surrounded by market monitors showing steep declines.

Policy

Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support

The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.

Senator Scott, chairman of the Senate Banking Committee

Markets

Bitcoin moves back to $90,000 as Trump pulls tariff threat after 'productive meeting' with NATO chief

"The solution, if consummated, will be a great one for the U.S. and all NATO nations," said President Trump in a Truth Social post.

Donald Trump at Davos (Chip Somodevilla/Getty Images)