Federal Reserve


Policy

Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

The Federal Deposit Insurance Corp. said Signature’s exposure to crypto industry deposits was also a contributing factor.

FDIC Chairman Martin Gruenberg (Alex Wong/Getty Images)

Policy

NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access

Funds structured as stablecoin issuer Circle’s BlackRock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.

(Sandali Handagama/ CoinDesk)

Markets

Crypto Stocks Post Large Losses as Bitcoin Price Slides Toward $28K

Bitcoin miners were the hardest hit on Thursday.

GettyImages-1264331058.jpg

Finance

U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%

The bitcoin price rose nearly 1.5% to $30,430 in the minutes following the better-than-expected news.

(Getty Images)

Policy

Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit

The state's attorney general claims the Kansas City Fed’s decision to deny Custodia’s master account rests partly on “perceived inadequacies in Wyoming’s laws and regulations.”

Wyoming (Pascal Bernardon/Unsplash)

Finance

Bitcoin Breaks Above $30K for First Time Since June 2022

The move continues a 2023 rally that has now seen the most popular crypto gain more than 80% in value.

(Andriy Onufriyenko/Getty Images)

Markets

Bitcoin Approaches $30K, Reaching Highest Price Since June

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

Arrow Up (Unsplash)

Finance

U.S. Adds 236K Jobs in March Versus Forecasts for 239K

Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.

The government's jobs report for January was released Friday (David McNew/Getty Images)

Videos

Will Bitcoin Pass the $30K Test? Trader Explains Why BTC Is Rallying

Bitcoin (BTC) is trading flat on Monday, but not far from the key $30,000 level. The Crypto Trader Author Glen Goodman breaks down the drivers behind BTC's Q1 price action, citing the U.S. banking system turmoil and quantitative tightening from the U.S. Federal Reserve.

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Videos

How U.S. Lawmakers View the Future of Crypto

Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.

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