Federal Reserve


Markets

Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year

The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.

(Jesse Hamilton/CoinDesk)

Videos

Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now?

Strix Leviathan Chief Investment Officer Nico Cordeiro weighs in on the recent correction across the crypto market and his outlook on bitcoin (BTC) and ether's (ETH) price movements. Plus, how macroeconomic conditions and the Federal Reserve's decisions could impact the overall crypto market.

Recent Videos

Opinion

The Solution for Stablecoin Regulation

Senators Cynthia Lummis and Kirsten Gillibrand are proposing legislation to address the inadequacies in the stablecoin sector, and foster financial innovation in the United States. "The possibilities for using stablecoins are numerous," they write.

U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary

The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.

Minneapolis Federal Reserve Bank President Neel Kashkari (Fox News)

Markets

Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report

Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.

Crypto markets were choppy ahead of the Ethereum Merge. (Creative Commons, modified by CoinDesk)

Markets

Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High

The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.

BTC's price chart

Policy

Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.

Catlin Long, Founder and CEO, Custodia Bank (Shutterstock/CoinDesk)

Markets

Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year

Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk

Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Policy

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)