Federal Reserve


Markets

Bitcoin's Price Rally May Add to Inflation. Here's Why

The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.

(stevepb/Pixabay)

Policy

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again

Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."

(Andy Feliciotti/Unsplash, modified by CoinDesk)

Policy

U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

Despite some fears in government circles that crypto could undermine the dollar, the Fed governor said that the use of dollar-dependent stablecoins can boost the dollar's reach.

U.S. Federal Reserve Gov. Christopher Waller says stablecoins may be doing the dollar a favor.  (Horacio Villalobos/Corbis via Getty Images)

Markets

Fed Leaves Rates Unchanged, Sounds Hawkish Note on March

Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.

Federal Reserve Chairman Jerome Powell (Win McNamee/Getty Images)

Markets

Markets 'Too Optimistic' About Fed Rate Cuts: JPMorgan Asset Management

"The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed," strategists said, explaining a potential for a decline in risk assets.

(Jesse Hamilton/CoinDesk)

Markets

Arthur Hayes Foresees 30% Bitcoin Crash Amid 'Vicious Washout.' Here's Why

Markets may relive last year's U.S. banking crisis as a crucial funding program is set to expire, Hayes said.

Arthur Hayes (CoinDesk)

Markets

U.S. 216K Jobs Adds in December Tops Estimates for 170K

The closely watched report is likely to add to early 2024 jitters surrounding interest rates.

(Unsplash)

Videos

Ledger CEO Vows to Help With Asset Recovery After Hack; Bitcoin's Muted Week

"CoinDesk Daily" host Jennifer Sanasie discusses the biggest headlines shaping the crypto industry today, including what Ledger CEO Pascal Gauthier posted on X (formerly Twitter) following a security breach. Bitcoin (BTC) is seeing a relatively muted week after a key interest rate decision from the U.S. Federal Reserve. And, Ankex has closed its doors amid bear market conditions.

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Videos

Bitcoin's Price Set to End the Week Relatively Unchanged

The U.S. Federal Reserve signaled on Wednesday that easier monetary policy is likely in store for 2024. OANDA senior market analyst Craig Erlam joins "First Mover" to discuss the crypto market's reaction to Fed's potential dovish policies in the upcoming year. Plus, Erlam's reaction to interest rate updates from the European Central Bank and Bank of England.

Recent Videos

Markets

TradFi Goes All-In on Fed Rate Cuts. What It Means for Bitcoin

The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.

Fed Chair Jay Powell Signaled Easier Monetary Policy on Wednesday (Win McNamee/Getty Images)