FOMC


Markets

Bitcoin Inches Toward $28K as Traders See $260M in Futures Liquidations

Some remain upbeat about the medium-term outlook for bitcoin and the broader market.

(Getty Images)

Markets

Short-Term BTC Holders, Stablecoin Supplies Could Indicate Cryptos' Future Price Direction

The two data points may show whether bitcoin moves higher or declines further in the aftermath of the U.S. central bank's 25 basis point rate increase Wednesday.

(Midjourney/CoinDesk)

Finance

Federal Reserve Hikes Rates by 25 Basis Points

Recent bank failures had market participants questioning if the U.S. central bank would follow through with its previous intention to further tighten monetary policy.

The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

Opinion

Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?

Two views on why bitcoin's price rose by so much this month amid bank runs and uncertainty on whether the Federal Reserve will raise interest rates.

The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

Markets

Bitcoin, Ether Trade Lower After Breaching Technical Indicator

The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement

(Getty Images)

Markets

Bitcoin, Ether Shrug Off U.S. Jobs Data

The two largest cryptocurrencies by market capitalization also recently appear to have decoupled from equity indexes.

The price of ether has risen 16% in the past week. (Getty Images)

Videos

Fed's Powell: No Decision yet on Size of March Rate Hike

U.S. Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks.

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Markets

Bitcoin Climbs Above $22K as Powell Softens Tone on Day 2 of Congressional Testimony

The Fed chair said no decision has yet been made on the size of the coming March rate hike.

Fed Chair Jerome Powell (Anna Moneymaker/Getty Images)

Markets

Bitcoin, Ether Trade Marginally Lower Following Release of Discouraging Jobs Data

A persistently robust employment market has played a major role in capping asset prices, though a floor seems intact as well.

(Midjourney/CoinDesk)

Videos

Fed Minutes Show Most Members Approve 25BPS Rate Hike; Counsel Says Voyager’s Binance US Sale Plan ‘Full Steam Ahead’

The latest FOMC minutes reveal that almost all Fed policymakers favored easing rate hikes to a quarter percentage point. Plans to wind up Voyager Digital by selling assets to Binance US are "on track," an attorney for the bankrupt crypto lender told a New York court on Wednesday. Coinbase (COIN) topped fourth-quarter earnings estimates Tuesday evening, but shares are sharply lower Wednesday alongside a sizable pullback in crypto.

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