Bitcoin Hovers Around $22K as Fed's Powell Softens Tone; Coinbase Launches 'Wallet as a Service'
The most valuable crypto stories for Wednesday, March 8, 2023.
ABOUT
is hovering around $22,000 as Federal Reserve Chair Jerome Powell stressed that the central bank has yet to make a decision on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Powell is testifying before the House Financial Services Committee for his semiannual monetary policy report. Separately, Coinbase is launching a "wallet as a service" business that will enable companies to customize their blockchain wallets for their own customers. "The Hash" panel weighs in on today's top stories.
See also:
Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
Fed Chair Powell's Comments Shift Rate Projections; Bitcoin Holds Warily
Coinbase Starts ‘Wallet as a Service’ Companies Can Build Into Their Own Apps
This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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HOSTS
Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.

Zack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief. Prior to joining CoinDesk in November 2018, he was the editor-in-chief of Technical.ly, a news site focused on local tech communities on the U.S. East Coast. Before that, Seward worked as a reporter covering business and technology for a pair of NPR member stations, WHYY in Philadelphia and WXXI in Rochester, New York. Seward originally hails from San Francisco and went to college at the University of Chicago. He worked at the PBS NewsHour in Washington, D.C., before attending Columbia’s Graduate School of Journalism.

Jennifer Sanasie is an executive producer and senior anchor at CoinDesk, with over a decade of journalism experience across the U.S., Canada, and South Africa. Beyond media, she has worked closely with Web3 companies on marketing, content, and business strategy.
Jennifer holds an MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph, and a Journalism Diploma from Humber College.
She owns BTC, ETH, SOL, USDC, USDT, G7, and DCNT. She also holds a mix of NFTs, altcoins and memecoins worth under $1,000.

Wendy O runs the largest and most-watched female-run crypto YouTube program globally, "The O Show," which focuses on bringing tech-heavy information to the masses in a clear and easy-to-understand format. Prior to going full-time crypto at the end of 2018, Wendy worked at the largest infectious disease company in the world. Her role there consisted of working with newly diagnosed and existing patients to coordinate their care. Working with 300+ patients per month gave Wendy the ability to effectively communicate complex information to people from all different cultures and backgrounds which she uses while creating content. Wendy was born and raised in Los Angeles County, California and takes pride in hosting free events for her community and making sure the unrepresented have access to free crypto education. She holds BTC, ETH, GALA along with other cryptocurrencies along with NFTs above CoinDesk's disclosure threshold of $1,000.

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