Federal Reserve

Federal Reserve

Markets

Powell Puts September Rate Cut in Play; Bitcoin Pushes Higher

The Fed chair, perhaps surprisingly, took a dovish tone in his remarks at Jackson Hole.

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Markets

Fed's Hammack Says 'No' to Rate Cut; Bitcoin Slips to Session Low Below $113K

The data currently on hand does not support the case for lowering interest rates, said the president of the Cleveland Fed.

Beth Hammack

Markets

Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce

The majority of participants at the Fed's last monetary policy meeting saw inflation risk outweighing employment risk.

Fed Chair Jerome Powell adjusts his glasses at a press conference.

Policy

Crypto Is ‘Nothing to Be Afraid of’ Says Fed Governor Chris Waller

Waller is reportedly in the running to succeed Jerome Powell as Fed chair.

Chris Waller (Helene Braun/CoinDesk)

Markets

Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise

The bubble in crypto treasury strategy companies deflated even further on Tuesday.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Policy

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.

U.S. Federal Reserve in Washington. (Jesse Hamilton/CoinDesk)

Markets

Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut

Bitcoin also crossed back above $120,000, but it's underperforming much of the rest of the cryptocurrency sector.

(kilgrim/Unsplash)

Markets

Bitcoin Surges Past $117K as Trump Taps Stephen Miran for Federal Reserve

An executive order paving the way for crypto to be included in 401(k) plans is also helping boost prices on Thursday.

The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Markets

Crypto Market Bloodbath: Three Reasons Traders Are in Risk-Off Mode

A dismal U.S. jobs report, rising geopolitical risks and recession worries triggered a broad crypto sell-off led by BTC and ETH.

Bitcoin drops to $113,648 on August 2, 2025, as traders go risk-off

Markets

Fed Holds Rates Steady as Expected, but Two Dissent From Decision

Fed Chair Jerome Powell has been under considerable pressure from the White House to ease monetary policy.

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)