Monetary Policy


Markets

Fed Keeps Interest Rates at Zero, Says Hike Appropriate ‘Soon’

Crypto traders are monitoring the Federal Reserve decision because it may affect bitcoin's price.

Federal Reserve Chair Jerome Powell (Federal Reserve)

Videos

Bitcoin Selling Pressure Not Over Yet?

Founder Anthony Saccaro discusses metrics he’s continuing to monitor for indicators of bitcoin’s next move and why the $100K price is not far away. Plus, the potential impact of Wednesday’s two-day monetary policy meeting from the Federal Open Markets Committee (FOMC) on the crypto markets.

CoinDesk placeholder image

Markets

Fed Preview: How Rate Hikes Could Stimulate Demand for Stablecoins

Higher interest rates will likely increase demand for the dollar. This could translate into higher demand for dollar-pegged crypto this year.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook

The longtime ruler’s unhinged monetary policy follows a familiar pattern – and it’s pushing some Turks toward bitcoin.

Turkish President Recep Tayyip Erdogan, who has held power for nearly twenty years. Erdogan has cut interest rates despite high inflation, in a short-term bid to prop up Turkey's economy (Antonio Masiello, Getty Images)

Policy

India to Ban Crypto as Payment Method but Regulate as Asset: Report

The Modi government will also ban active solicitation from crypto firms, such as ads.

The Indian flag. (Pixabay)

Markets

Federal Reserve to Taper Money Printing That Fueled Bitcoin Bets

The $120 billion of monthly bond purchases has provided a tailwind for bitcoin as investors see the cryptocurrency as a hedge against dollar debasement in the face of ultra-loose monetary policies.

Fed Chair Jerome Powell speaks Wednesday at a virtual press conference. (Federal Reserve, modified by CoinDesk)

Tech

The Evolution of Ethereum’s Monetary Policy

The combination of DeFi, EIP 1559 and Ethereum’s coming transition to proof-of-stake has worked to create what ether holders call “Ultra Sound Money.”

(Yulia Reznikov/Moment/Getty Images)

Markets

ECB Signals ‘Moderate’ Slowdown in Asset Purchases; Bitcoin Rises

The European Central Bank says it will slow down the average pace of asset purchases but keep the overall size of its quantitative easing program intact.

European Central Bank President Christine Lagarde steps up to podium for press conference Thursday. (ECB, modified by CoinDesk)

Markets

PBoC Says It Will Keep High Pressure on Crypto Trading

China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

People's Bank of China

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