Federal Reserve
LIVE BLOG: Fed Chair Jerome Powell Appears Before the Senate Banking Committee
CoinDesk follows Powell’s confirmation hearing live.
Senate Banking Committee to Hold Nomination Hearings for Jerome Powell, Lael Brainard
The Senate Banking Committee will hold a hearing for Jerome Powell Tuesday on his nomination to a second term as Federal Reserve chair. It will hold a separate hearing Thursday to consider the nomination of Fed Governor Lael Brainard to be vice chair. CoinDesk’s Nikhilesh De discusses what we know and what we can expect.
Bitcoin’s Next Move Amid Talks of More Interest Rate Hikes, Other Macro Factors
Bitcoin and most other cryptocurrencies continue to retreat amid the Federal Reserve’s release of minutes from its December meeting, signaling it would tighten monetary policy faster than was once expected. Don Kaufman, the co-founder of trading education firm TheoTrade, discusses the potential macro factors impacting bitcoin and where the crypto markets could head.
Bitcoin Dips Below $40K as ‘Death Cross’ Looms on Price Charts
The past record of the “Death Cross” as an indicator of deeper drawdowns is mixed.
Bitcoin Slips to 3-Month Low, Analysts Divided on Impact of Fed’s Tightening
The fears of the Fed’s tightening leading to a prolonged bear market in stocks and digital assets might be overblown, one observer said.
Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet
A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.
Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises
The Fed’s asset purchase program is set to end in March.
Boston Fed Is Hiring New Director for CBDC Project
The organization is looking for a new head of product management for its central bank digital currency pilot program.
Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps
The Fed will reduce its bond purchases by $30 billion every month to wind them down early next year, doubling from the current pace of withdrawal of $15 billion every month.
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.
