Federal Reserve
Fed's Powell Set to Remove Punch Bowl That Lubricated Crypto Party
The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" might be out of action, one economist said.
Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked
The consumer price index, due out tomorrow morning, is expected to show inflation in February ticked up to 8% versus a year ago, a fresh four-decade high.
Is Bitcoin the 'Safe' Crypto Asset?
Noelle Acheson, Genesis Global Trading head of market insights, joins “All About Bitcoin” to discuss the current state of bitcoin’s price as the Russia-Ukraine conflict impacts markets across the globe and the U.S. federal reserve is mulling a half-point rate hike later this month. Acheson explores BTC’s volatility, bitcoin dominance, and rising oil prices.
Bitcoin Rally Evaporates as Price Tumbles Below $40K Friday Afternoon
The crypto’s divergence from stocks earlier this week has proven to be short-lived.
Wages Aren’t Rising With Inflation, Can Crypto Help?
Michele Schneider, MarketGauge Group managing director, shares her crypto markets update with “First Mover” following Fed Chair Jerome Powell’s testimony on inflation and the release of the jobs report from the U.S. Bureau of Labor Statistics. Schneider addresses the economic tensions that arise as inflation increases while wages stay stagnant, and the uptick in crypto transaction volumes from Russia and Ukraine.
US Jobs Up 678K in February, More Than Expected, Adding to Price Pressures
Bitcoin traders were monitoring the report since the Federal Reserve's efforts to slow inflation appear to be putting downward pressure on the cryptocurrency's prices.
Coinbase Says Crypto Markets Resilient After Russian Invasion of Ukraine
The crypto exchange said a more convincing recovery is possible once investors have more clarity on the Fed’s plans.
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.
Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk
Bitcoin and other cryptos dipped as oil prices surged. Higher prices could lead to slower economic growth and market volatility.
Fed Chair Jerome Powell Sees Rate Hike This Month Despite Ukraine War
Federal Reserve Chair Jerome Powell says he is “inclined to propose and support a 25-basis-point rate hike" in March. In addition, Powell stated that “war underscores need” for crypto regulation as the Russia-Ukraine conflict unfolds. "The Hash" team reacts to Powell's comments.
