Federal Reserve
Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
Fed Vice Chair for Supervision Michael Barr said crypto activity needs similar oversight to traditional bank activities, in his first speech since taking office.
Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months
The price fell to $18,680 on Tuesday, a point not seen since late June.
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.
US Job Growth Slowed in August; Bitcoin Gains
The report is one of the last major economic data points the Federal Reserve will see before its September monetary policy meeting.
What’s Driving Bitcoin Below $20K?
Tactive Wealth Advisor Eddy Gifford discusses the potential factors driving bitcoin’s (BTC) price below the critical psychological level of $20,000, particularly concerns around the “very, very hawkish” monetary policy from the U.S. Federal Reserve. Plus, his take on how the upcoming Ethereum Merge might impact the wider crypto markets.
BofA: Crypto Buying Momentum Fades as Investors Weigh Bear Market Bounce, Recession Risk
The chance of a more hawkish Federal Reserve and the likelihood of interest rates staying higher for longer hasn't been fully priced into risky assets, the bank said.
More Volatility Ahead for Bitcoin as Federal Reserve Keeps Quiet
BTC traders will have to be data dependent, just like the central bank.
Bitcoin Falls Under $20K Again; NY Fed President Expects Interest Rates to Stay High
Bitcoin (BTC) and ether (ETH) could be in turmoil as Glassnode’s open interest leverage ratio hits record high. Plus, New York Federal Reserve President John Williams expects interest rates to remain high until inflation eases.
Federal Reserve to Launch Real-Time Payments Service FedNow Mid 2023
The U.S. Federal Reserve plans to launch its instant payments platform FedNow between May and July of 2023. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.