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Federal Reserve
NY Fed Launches Fintech Research Wing With BIS Help
The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.

Bitcoin Tops $58K With Focus on Omicron and Fed’s Powell Speech
Are bitcoin’s immediate prospects tied to the Omicron variant’s potential impact on the Fed’s monetary policy? GlobalBlock CEO Rufus Round discusses what to make of bitcoin’s recent price swings. The cryptocurrency is trading near $57,300 at press time, representing a 7.3% gain compared to the low of $53,359 late Sunday.

Bitcoin Tops $58K With Focus on Omicron and Fed’s Powell Speech
Bitcoin is largely being grouped with other risk assets at the moment, one observer said.

Goldman Says Fed May Accelerate Tapering in January: Report
The new projection means the asset purchase program would end in March.

Bitcoin Slips to $55K as Renewed COVID Concerns Jolt Traditional Markets
The cryptocurrency appeared set for a breakout above $60,000 after Thursday’s rise, but COVID fears played spoilsport.

Is There a Bullish Breakout Ahead for Bitcoin?
Needham & Co. Vice President John Todaro discusses his positive assessment of the crypto markets despite continuing to see red over the past week. “We’re still in a bullish macro set up here for bitcoin and cryptocurrencies more broadly,” Todaro said. “We do have around $100K bitcoin [price target] in Q1 2022.”

US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022
The interagency sprint team was composed of the OCC, FDIC and Fed.

Bitcoin Struggles at $60K Resistance, Support Above $53K
BitBull Capital CEO Joe DiPasquale discusses his crypto markets analysis and outlook as upsides look limited for bitcoin around the $60,000 resistance level. Plus, his reactions to El Salvador's "Bitcoin City" announcement and U.S. President Joe Biden nominating Jerome Powell as Federal Reserve Chairman for a second term.

Market Wrap: Cryptocurrencies Fade on News That Powell Will Be Renominated as Fed Chairman
Bitcoin struggles to maintain weekend gains as buyers take profits.

Biden Nominates Powell For a Second Term as Fed Chair, Appoints Brainard Vice Chair
U.S. President Joe Biden has nominated Jerome Powell for a second term as the Federal Reserve chair, after much speculation that Fed Governor Lael Brainard could replace him to lead the central bank for the next four years. Brainard will be the Fed’s vice chair when the nomination is officially signed.
