Federal Reserve
Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause
Ether declined more than 3% to $1,650 less than three hours after the Fed ended its more than year-long diet of interest rate increases. ADA plunged more than 5%, while SOL and Matic each dropped over 4%.
Fed Leaves Policy on Hold, Ending Long String of Rate Hikes
The U.S. central bank had previously raised rates at 10 consecutive meetings spanning the previous 15 months.
Bitcoin Outlook Ahead of Fed's June Meeting
Bitcoin (BTC) traders are taking a defensive stance ahead of Wednesday's U.S. Federal Reserve meeting, with the central bank seen likely to leave interest rates unchanged while keeping the door open for future increases in a move some observers described as a "hawkish pause." Bitwise Asset Management Chief Investment Officer Matt Hougan shares his crypto markets analysis and outlook.
U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.
ChatGPT-Style Crypto App Sets AI Loose on Fed Rate-Bitcoin Price Relationship
The team behind Hong Kong-based Chain of Demand has built investment analytics engines for financial institutions and data providers like Bloomberg.
Crypto Catalyst Watch: What Might Move Markets This Week
The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items.
Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
The crypto-friendly bank was also denied immediate membership with the Federal Reserve, with the court saying Custodia could pursue membership through other channels.
Bitcoin Remains Resilient Despite Ongoing Binance, Coinbase Fallout
Bitcoin holds firm, hovering around $26.5K as investors remain largely unstirred by SEC lawsuits and look toward the Federal Reserve's monetary policy decision next week. AdvisorShares ETF Strategist Mackenzie Peterson shares her crypto markets analysis and outlook.
Digital Dollar Debate Takes Center Stage at Consensus 2023
In a series of discussions at Consensus 2023, the concept of a U.S. central bank digital currency, or "digital dollar," was dissected. Jesse Hamilton, CoinDesk's Deputy Managing Editor for Global Policy and Regulation, reports on the dialogue around this potential government-backed asset by the Federal Reserve. Hamilton highlights the appeal of "instant transactions and seamless movement of money across borders," but notes the substantial privacy implications, given the "tremendous amount of data that could be collected by the institutions running it." It's a subject of concern, he says, for many looking into this nascent field.
U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K
The strong print likely advances the case for the Fed to continue its string of rate hikes at its upcoming June meeting.
