Federal Reserve


News Analysis

Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold

As Trump mulls the next leader of the U.S. Federal Reserve, the BlackRock executive has caught a surge of online wagers, and he'd bring a pro-crypto view.

Rick Rieder of BlackRock (Cindy Ord/Getty Images for Yahoo)

Markets

Bitcoin rallies past $93,000 after inflation data increased chances of further rate cuts

The largest cryptocurrency is now facing a key "resistance" zone at $93,500-$95,000, which has capped its price for nearly two months.

Bitcoin price on Jan. 13 (CoinDesk)

Markets

Bitcoin spikes to $92,500 as U.S. December consumer prices rise 0.3%

The U.S. Consumer Price Index came in roughly in line with expectations as market participants largely expects the Fed to leave interest rates unchanged at the January meeting.

Inflation

Markets

Prediction markets downplay Powell exit risk despite DOJ probe: Asia Morning Briefing

Traders on Polymarket and Kalshi are shrugging off the idea that a criminal investigation into the chair of the Federal Reserve would have him removed from his role early.

Federal Reserve Chair Jerome Powell taking questions during the October 2025 FOMC press conference.

Markets

Fed’s Hammack tilts hawkish on rates, questions CPI drop as distorted

"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.

Beth Hammack

Policy

Federal Reserve moves toward narrower, crypto-driven take on master accounts

The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access without the deeper Fed demands.

Federal Reserve Governor Christopher Waller at DC Fintech Week (Jesse Hamilton/CoinDesk)

Markets

Don't call it QE — the Fed's $40 billion bill buys may not shake crypto out of slump

There's a major difference between ensuring liquidity in short-term rate markets and the quantitative easing that juiced risk assets after during Covid and after 2008 financial panic.

cash pile (Unsplash)

Policy

Most Influential: Jerome Powell

Powell’s decisions as Fed chair have continued to have a massive impact on bitcoin and the wider cryptocurrency markets.

Jerome Powell Fed Chair

Policy

Crypto bank Custodia files petition for a rehearing by all appellate judges

The Wyoming-based cryptocurrency bank argued that the three-judge panel undermined state banking authorities, raising “serious constitutional questions”

Crypto custodians are increasingly mindful of how stored tokens should be used in governing DeFi protocols. (Credit: NYPL)

Markets

Trump's Voice Would Have 'No Weight' in Rate Decisions, Fed Front-Runner Hassett Says

Hassett is perceived as dovish and likely to support Trump's calls for significant interest rate cuts to boost economic growth.

Fed rate cut op