Federal Reserve
The Fed Pivot is Finally Here
Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto community, says Andre Dragosh, head of research Europe, Bitwise.
U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels
Expansionary policies by not just the Fed, but other global central banks, appear to be fueling asset price appreciation.
Rally Ahead? Key Indicators Point to Bitcoin Price Surge
10x Research founder Markus Thielen joins CoinDesk with his analysis on crypto market movements following the Federal Reserve's interest rate cut. Plus, what's next for bitcoin as we approach the end of the year and whether the election will have much impact on the market. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Digital Asset Funds See Second Consecutive Week of Inflows: CoinShares
According to data tracked by CoinShares, digital asset investment products experienced a second straight week of inflows, adding a net $321 million. The crypto asset manager attributes the performance to the 50 basis-point interest-rate cut by the Federal Reserve. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
Trump Buys Burgers With Bitcoin at NYC Crypto Bar; What's Next for Bitcoin After Fed Rate Cut?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as former U.S. President Donald Trump visited Pubkey, a bitcoin-themed NYC bar. Plus, Solana unveils details of second crypto phone, and bitcoin's price reaction to the Fed rate cut.
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
Market participants were uncertain about the size of the rate cut prior to the Fed meeting, laying the groundwork for market volatility.
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says
The key variable for risk assets is the U.S. economy as concerns of a recession linger, crypto investment firm Ryze Labs said.
Kalshi's Political Prediction Markets Halted; eToro Reaches $1.5M Settlement With the SEC
"CoinDesk Daily" host Benjamin Schiller breaks down the biggest headlines in the crypto industry today, as a U.S. federal appeals court halted Kalshi's political prediction markets upon a CFTC request for an emergency stay. Plus, eToro has agreed to pay $1.5 million to settle SEC charges and Circle is moving to New York City.
