Federal Reserve


Policy

Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit

The state's attorney general claims the Kansas City Fed’s decision to deny Custodia’s master account rests partly on “perceived inadequacies in Wyoming’s laws and regulations.”

Wyoming (Pascal Bernardon/Unsplash)

Finance

Bitcoin Breaks Above $30K for First Time Since June 2022

The move continues a 2023 rally that has now seen the most popular crypto gain more than 80% in value.

(Andriy Onufriyenko/Getty Images)

Markets

Bitcoin Approaches $30K, Reaching Highest Price Since June

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

Arrow Up (Unsplash)

Finance

U.S. Adds 236K Jobs in March Versus Forecasts for 239K

Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.

The government's jobs report for January was released Friday (David McNew/Getty Images)

Videos

Will Bitcoin Pass the $30K Test? Trader Explains Why BTC Is Rallying

Bitcoin (BTC) is trading flat on Monday, but not far from the key $30,000 level. The Crypto Trader Author Glen Goodman breaks down the drivers behind BTC's Q1 price action, citing the U.S. banking system turmoil and quantitative tightening from the U.S. Federal Reserve.

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Videos

How U.S. Lawmakers View the Future of Crypto

Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.

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Videos

Bitcoin Hovers Around $28K as Options Worth Billions of Dollars Expire

Bitcoin (BTC) is under pressure on Friday as options worth billions of dollars expired and some traders took bearish bets on the cryptocurrency's Ethereum-based wrapped version, WBTC. Bannockburn Global Forex Chief Market Strategist Marc Chandler shares his crypto markets analysis and the impact the ongoing banking crisis may have on the U.S. Federal Reserve's fight against inflation. "We know that banking crises, financial crises tend to be deflationary. What we don't know is the magnitude and the duration," Chandler said.

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Videos

Bitcoin Hovers Around $28K as PCE Rose 0.3% in February

Bitcoin is trading around $28,000 as the PCE price index, the Federal Reserve's preferred inflation gauge, increased 0.3% in February. Bannockburn Global Forex Chief Market Strategist Marc Chandler weighs in on the state of inflation in the U.S. and how current macroeconomic conditions could impact the crypto market.

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Opinion

3 Strategies Crypto Firms Can Use to Land a New Banking Partner

After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)

Videos

Rep. McHenry Questions Regulators on SVB Collapse

U.S. Rep. Patrick McHenry (R-N.C.) questions U.S. Treasury Undersecretary For Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr, and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg on Silicon Valley Bank's collapse during a House Financial Services Committee hearing on Wednesday.

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