Federal Reserve


Videos

Bitcoin Clings to $29K as Strategist Expects the Fed Has a Lot 'More Room to Hike'

The markets are widely expecting the central bank's Federal Open Market Committee to hike the benchmark borrowing rate by 25 basis points later today. Maple Head of Growth and Capital Markets Quinn Thompson discusses what this could mean for bitcoin (BTC) and the wider crypto markets. Plus, his outlook for the U.S. spot bitcoin ETF race.

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Markets

Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July

A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Videos

Bitcoin Starts Week in the Red Ahead of Pivotal Time for Central Banks

The Federal Reserve, Bank of Japan and European Central Bank are all slated to announce interest rate decisions this week. Defiance ETFs CEO Sylvia Jablonski discusses the potential macro factors moving the price of bitcoin (BTC) as the largest cryptocurrency by market cap slips below $30,000. Plus, how AI could transform the future of crypto.

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Finance

Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar

While FedNow is currently not tied to any initiative for a digital U.S. dollar or the crypto space in general, experts warn that the system might end up as a precursor to the infrastructure for a central bank digital currency.

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

Videos

Federal Reserve Launches Instant Payments Service; Tesla's Bitcoin Holdings

“CoinDesk Daily” host Jennifer Sanasie dives into today’s biggest headlines in crypto, including the Federal Reserve officially opening its new instant payments service, FedNow. Tesla (TSLA) did not buy or sell any bitcoin for the fourth straight quarter in Q2 2023. And, some users of FTX are being targeted by a potential phishing attack after being sent a "reset password" request from the exchange's official customer support email.

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Videos

Federal Reserve Launches Instant Payments Service 'FedNow'

The U.S. Federal Reserve announced that the central bank has officially gone live with its controversial instant payments service, FedNow. Early adopters include JPMorgan Chase and Wells Fargo, with 16 other institutions supporting the service. "The Hash" panel discusses the recent criticism as the Fed says its new service will operate for 24 hours every single day.

Recent Videos

Policy

Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs

Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers

Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.

Bitcoin daily price chart. (CoinDesk Indices)

Markets

Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals

The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K

Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.

(JESHOOTS.COM/Unspalsh)