Federal Reserve


Markets

Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin

Signs that the U.S. central bank might refrain from further rate hikes this cycle could lead to a new breakout in bitcoin prices.

(Kevin Dietsch/Staff/GrettyImages/PhotoMosh)

Markets

Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears; XRP Jumps 6% as SEC Drops Charges

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.

XRP price on Oct. 19 (CoinDesk)

Markets

Bitcoin’s 300% Surge From Early 2019 in Focus as Fed Officials Favor Rate Pause

The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle.

(Jon Tyson/Unsplash)

Policy

Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged

The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”

(Jesse Hamilton/CoinDesk)

Videos

Economist Says We're Entering 'Chilly Crypto Spring' as Fed Holds Interest Rates Steady

The U.S. Federal Reserve on Wednesday held monetary policy steady as anticipated, leaving the range for its benchmark interest rate at 5.25% to 5.50%. OANDA senior market analyst for the Americas Edward Moya, along with "Crypto is Macro Now" economist and the new host of CoinDesk's "Markets Daily" podcast, Noelle Acheson, discuss the latest Fed decision and what it means for the crypto markets.

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Markets

Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell

The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously projected.

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

Videos

Sam Bankman-Fried’s Dad Has Alleged Dispute Over $200K FTX Salary; Crypto Markets Await Key Fed Decision

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, as some crypto traders say low volatility will likely continue after Wednesday's Federal Reserve rate decision. Stanford University will reportedly return "gifts" it received from FTX. Court filings reveal alleged interactions between FTX founder Sam Bankman-Fried and his parents. And, a look at South Korean's digital asset holdings abroad.

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Videos

Bitcoin Price Hovers Around $27K as Fed Decision Will Be 'Fairly Boring': Hashnote CEO

Many crypto traders anticipate the U.S. Federal Reserve to stick to its data-dependent stance at the upcoming FOMC meeting, offering little surprises to the market. Hashnote CEO Leo Mizuhara discusses what to expect from the upcoming interest rate decision on Wednesday and its potential impact on the crypto markets. "We're in for something fairly boring," Mizuhara said.

Recent Videos

Markets

Bitcoin Price Volatility Likely to Stay Depressed After Fed Rate Decision

The Fed will announce its rate decision on Wednesday at 14:00 ET. The way bitcoin options are priced suggests the cryptocurrency may not move more than 3% by Friday.

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

Markets

Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision

The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.

(Jason Thompson/Unsplash)