Federal Reserve

Bitcoin holds firm, hovering around $26.5K as investors remain largely unstirred by SEC lawsuits and look toward the Federal Reserve's monetary policy decision next week. AdvisorShares ETF Strategist Mackenzie Peterson shares her crypto markets analysis and outlook.

Jun 9, 2023

In a series of discussions at Consensus 2023, the concept of a U.S. central bank digital currency, or "digital dollar," was dissected. Jesse Hamilton, CoinDesk's Deputy Managing Editor for Global Policy and Regulation, reports on the dialogue around this potential government-backed asset by the Federal Reserve. Hamilton highlights the appeal of "instant transactions and seamless movement of money across borders," but notes the substantial privacy implications, given the "tremendous amount of data that could be collected by the institutions running it." It's a subject of concern, he says, for many looking into this nascent field.

Jun 6, 2023

The House of Representatives passed the debt ceiling bill on Wednesday night, days before Treasury Secretary Janet Yellen said the U.S. would run out of money to pay its bills on time. "First Mover" discusses the impact of the legislation on the crypto markets ahead of the Federal Reserve's upcoming decision on interest rates in June.

Jun 1, 2023

CoinDesk's Jenn Sanasie breaks down the major stories shaping the crypto industry on "CoinDesk Daily" as bitcoin (BTC) slips closer to $27,000, after a top U.S. Federal Reserve official said there is no compelling case to halt the central bank’s rate hike cycle. This comes as U.S. Sen. Elizabeth Warren (D-Mass.) argues for legislation to shut the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing. Separately, the European Union formally signed its landmark Markets in Crypto Assets (MiCA) regulation into law, taking the bloc closer to becoming the first major jurisdiction in the world with tailored rules for the sector.

May 31, 2023

Bitcoin (BTC) ran into selling pressure after a top Federal Reserve official said there is no compelling case to halt the liquidity tightening. CoinRoutes CEO and co-founder Dave Weisberger shares his crypto markets analysis as the House is slated to vote on a debt ceiling bill.

May 31, 2023

Federal Reserve Chair Jerome Powell spoke at the Thomas Laubach Research Conference on Friday, noting that although the stubbornness of high inflation continues to reverberate through the economy, policy rates "may not need to rise as much."

May 19, 2023

Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, according to a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore (MAS). CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the new research.

May 19, 2023

"If inflation continues to remain sticky, [Federal Reserve Chair Jerome Powell] is going to push us into a deeper recession than anyone wants to admit," Tactive Wealth Advisor Eddy Gifford said. Gifford also discusses the crypto market's reaction to recent U.S. monetary policy.

May 18, 2023

Strategists at Goldman Sachs and Barclays predict that the Federal Reserve will be less aggressive than expected in slashing interest rates this year. eToro US Investment Analyst Callie Cox joins "First Mover" with her crypto market analysis ahead of upcoming April CPI data.

May 9, 2023

Bitcoin (BTC) has regained the $29,000 level after the Federal Reserve increased the interest rates by a quarter point. The latest market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

May 4, 2023