Federal Reserve


Markets

Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.

Rep. Brad Sherman (D-Calif.) created a "Zuck Buck" graphic to describe his view of Libra. (House Financial Services Committee)

Markets

Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On

There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.

Source: CoinDesk Bitcoin Price Index

Policy

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.

Federal Reserve Chairman Jerome Powell

Markets

First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way

Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.

(Oleksiy Mark/Shutterstock)

Markets

Market Wrap: Stocks' Carnage Drags Bitcoin Down to $9K

A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.

Source: CoinDesk Bitcoin Price Index

Markets

Bitcoin Stuck Below $10K as Stocks Drop

With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.

shutterstock_303835139

Markets

First Mover: Fed Sees No Inflation Through 2021, but Bitcoiners Are Betting on It Anyway

Bitcoin investors think "it's only a matter of time" before the U.S. experiences rocketing inflation.

Federal Reserve building, Washington, D.C.

Markets

Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022

Cryptocurrency traders slapped the buy button on bitcoin during the Federal Reserve’s non-announcement announcement, but the run-up didn’t last.

Source: CoinDesk Bitcoin Price Index

Markets

Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections

Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank.

Federal Reserve Chairman Jerome Powell

Markets

First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed

The Fed may remain intransigent about negative rates, but bitcoin may benefit from other central bankers who are keeping the option firmly on the table.

Credit: Shutterstock