Federal Reserve


Markets

Since ‘Golden Cross,’ Bitcoin Is Down 12%; Blame the Fed?

The ostensibly bullish price-chart indicator hasn’t yet produced much in the way of gains for traders of the largest cryptocurrency.

The golden cross in bitcoin's price chart has yet to produce much glory. (Unsplash, modified by CoinDesk)

Markets

Bitcoin Bounces Off 6-Week Low, Tracking Recovery in Stocks

“The long-term uptrend still has a hold on bitcoin,” one analyst said.

Bitcoin's daily chart (TradingView)

Markets

Key US Inflation Gauge Slips to Slowest Pace in 6 Months, Bitcoin Rises

Core CPI, which excludes energy and food prices, rose 0.1% last month, the slowest pace since February.

Credit: Emilio Takas/Unsplash.

Videos

Thomas Lee: 'Bitcoin Can Easily Get to $100K Before Year End'

Thomas Lee, a managing partner for Fundstrat Global Advisors, discusses his bullish outlook for bitcoin as he maintains it could "easily get to $100,000 before year end." Plus, his insights into the potential impact of the Fed's policy on the crypto markets, broad institutional exposure in digital assets, El Salvador's Bitcoin Law, regulation fears, and bitcoin as the world's reserve currency.

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Markets

Bitcoin Eyes US Inflation Report, Potential Dollar Liquidity Squeeze

Bitcoin’s mid-May crash happened after U.S. reported inflation at three-year highs.

Supermarket

Policy

Are Central Bankers Ready for Payments Theater?

If the Fed and other banks adopt a CBDC, they will inevitably become involved in disputes about what is and isn’t acceptable economic activity, says our columnist.

(Stefani Reynolds/Unsplash)

Markets

US Misses Expectations in August Jobs Report, Pushing Bitcoin to 3-Month High

The U.S. only added 235,000 jobs, falling well short of the 725,000 projection.

LOS ANGELES, CALIFORNIA - JUNE 23: A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021 in Los Angeles, California. Nearly 650,000 retail workers gave notice in April, the biggest one-month worker exodus in the retail industry in more than 20 years, amid a strengthening job market.  (Photo by Mario Tama/Getty Images)

Videos

Avanti Bank CEO on Why It’s Important to Become a Federal Reserve Member Bank

Caitlin Long, founder and CEO of Wyoming-based Avanti Bank, a special purpose depository institution (SPDI) that aims to provide crypto custody services for institutional investors, discusses Avanti’s journey to becoming a Federal Reserve member bank. Plus, insights into the U.S. crypto regulatory landscape, private stablecoins, and Avanti’s new digital asset Avit.

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Videos

Crypto Firms Want Access to Federal Reserve Payment Systems

Avanti Bank and Kraken are among several crypto firms seeking direct access to the Federal Reserve’s payment systems used by traditional banks that would allow them to more quickly and cheaply process orders for digital assets. CoinDesk’s Nikhilesh De unpacks the latest trials in crypto banking and the implications for the blockchain community.

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