Federal Reserve
Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
Fed Chair Jerome Powell to Speak on ‘The Economic Outlook’ at Next Week’s Jackson Hole, Wyoming Symposium
Federal Reserve Chairman Jerome Powell will speak on “the economic outlook” next week, but what does that mean for the crypto markets? CoinDesk’s Christie Harkin and Brad Keoun discuss what to expect. Plus, what to watch from the House of Representatives as it returns to Washington Monday to forge ahead with the bipartisan infrastructure bill.
Market Wrap: Bitcoin Expected to Hold Support Above $45K
Analysts expect bitcoin to remain above its 200-day moving average.
Market Wrap: Bitcoin Trades Sideways as Institutional Demand Expected to Rise
Bitcoin and other cryptocurrencies are consolidating near recent highs.
Crypto Made the Agenda at Last Month's Fed Meeting
This appears to be the first time the topic has come up in the seminal monthly FOMC meeting.
Minneapolis Fed President Kashkari on Crypto Market: 'Thousands of Garbage Coins'
"I've not seen any use case other than funding illicit activities like drugs and prostitution," the central banker said.
US July Consumer Price Index Rose Slightly Faster Than Expected
A year-over-year gain of 5.4% may reflect an economy that’s still suffering from supply shortages while keeping up with increasing demand.
July Jobs Report: US Added 943,000, Beating Expectations
The U.S. unemployment rate fell to 5.4%, a post-pandemic low, from 5.9% in June, according to the U.S. Labor Department's Bureau of Labor Statistics.
Fed Could Begin Tapering Bond Purchases Beginning October, Says Fed Governor Waller
According to Fed Governor Christopher Waller, the Federal Reserve could begin reducing its bond purchases as early as October. He cited the need to see consecutive strong job reports in August and September for tightening policy against rising inflation. "The Hash" hosts discuss the implications for the crypto markets and the wider U.S. economy.
Fed's Brainard Says US Can't Not Have a CBDC in a World in Which Others Have Them
Brainard said without a digital dollar the proliferation of stablecoins could fragment the payment system.
