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Dernières de Helene Braun
He Who Should Not Have an Impact on Crypto
Crypto aspires to function without monetary oversight, but this year the U.S. Federal Reserve’s chair proved how far from reality this goal is at a time of high interest rates. That’s why, once again, Jerome Powell is one of CoinDesk’s Most Influential 2022.

Bitcoin Slips as US Economy Added a Strong 263K Jobs in November
The unemployment rate was unchanged at 3.7%.

November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes
The employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to the central bank chair.

CME Group Teaming With CF Benchmarks for 3 New DeFi Rates and Indices
Pricing will initially come from a group of six crypto exchanges.

Fed Likely to Raise Rates by 50 Basis Points in December; Bitcoin Jumps
Federal Reserve Chair Jerome Powell said that "it makes sense to moderate the pace of our rate hikes" as soon as December.

Buy the Dip, Sell the Bounce: Crypto Funds Have Biggest Outflows in 12 Weeks
Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.

Saudi Arabia’s NFT Collection Soars After Unexpected Soccer Win Against Argentina
Argentina's fan token, on the other hand, slid 21% following the team's loss on Monday.

Investors Short Crypto Assets as Industry Scrutiny Intensifies
Short investment products accounted for 75% of total inflows into crypto assets last week, a report by digital asset investment and trading group CoinShares showed.

Crypto Exchange Coinbase's Shares Sink to All-Time Low
The U.S. crypto exchange went public in April 2021 in a high-profile listing, but shares have lost nearly 90% of their value over the past year, with the FTX contagion causing the latest leg down.

Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
Blockchain true believers say the nascent industry represents an existential threat to traditional finance. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say.
