Interest Rates
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.
CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.
Fed's Rate Hike Cycle Has Peaked, Investment Banks Say
The end of the tightening cycle, however, doesn't necessarily imply a quick pivot toward zero interest rate policy, meaning animal spirits may not return to the crypto market anytime soon.
U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100
The unemployment rate fell to 3.5% versus forecasts for 3.6%.
Hedge Fund Manager Explains How Bitcoin Could Reach $300K
Morgan Creek Capital CEO and CIO Mark Yusko discusses his crypto markets analysis as bitcoin (BTC) and most other major cryptocurrencies shrug off the 25-basis-point interest rate hike by the U.S. Federal Reserve. Plus, how BTC could reach $300,000.
Bitcoin Little-Changed After Fed Rate Hike; Federal Prosecutors Want to Jail Sam Bankman-Fried
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in the cryptocurrency industry, as the U.S. Department of Justice wants FTX founder Sam Bankman-Fried to spend the remainder of his time before his criminal trial in jail. Plus, a look at bitcoin's price reaction after the U.S. Federal Reserve raised its fed funds rate by 25 basis points. And, Binance announces plans to return to the Japanese market.
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy.
Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July
A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.
Soft Science Economics Struggles With Hard Money Bitcoin
The Federal Reserve is talking a pause on raising interest rates to reflect on the impact of its aggressive inflation fighting strategy.
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.
