Federal Reserve


Markets

US Jobs Up 678K in February, More Than Expected, Adding to Price Pressures

Bitcoin traders were monitoring the report since the Federal Reserve's efforts to slow inflation appear to be putting downward pressure on the cryptocurrency's prices.

U.S. unemployment rate. (Labor Department)

Markets

Coinbase Says Crypto Markets Resilient After Russian Invasion of Ukraine

The crypto exchange said a more convincing recovery is possible once investors have more clarity on the Fed’s plans.

Coinbase banner on a building (CoinDesk Archives)

Markets

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk

Bitcoin and other cryptos dipped as oil prices surged. Higher prices could lead to slower economic growth and market volatility.

Federal Reserve building (Paul Brady Photography/Shutterstock)

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Fed Chair Jerome Powell Sees Rate Hike This Month Despite Ukraine War

Federal Reserve Chair Jerome Powell says he is “inclined to propose and support a 25-basis-point rate hike" in March. In addition, Powell stated that “war underscores need” for crypto regulation as the Russia-Ukraine conflict unfolds. "The Hash" team reacts to Powell's comments.

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Markets

Bitcoin Climbs to $45K Early Wednesday Before Quickly Retreating

The crypto briefly touched a three-week high amid continued escalation in Ukraine, and as Fed Chair Jerome Powell promised a rate hike later this month.

(CoinDesk archives)

Markets

Federal Reserve Chairman Powell Sees Rate Hike This Month as 'Appropriate'

Most observers believe a quarter of a percentage point increase is likely.

Fed Chair Jerome Powell (Samuel Corum/Bloomberg via Getty Images)

Markets

Ukraine Adds to Fed Chair's List of Worries Before His Congressional Testimony

Jerome Powell will face questions from U.S. lawmakers on Wednesday and Thursday when he gives his semiannual monetary policy update to Congress.

Federal Reserve Chairman Jerome Powell

Markets

Bitcoin Extends Rally After Biggest Gain in Year

The largest cryptocurrency was higher after jumping 14% on Monday, the biggest gain since February 2021. So far, the price has stopped just shy of $45,000.

Bitcoin has support above $43,000 but is still shy of the $45,000 mark

Videos

Fed Funds Futures Contracts Data Suggests Investors Are Predicting Less Hawkish Move by the Fed

A chart from CME's FedWatch Tool shows how the market is predicting the Federal Reserve's next move at its upcoming March 16 meeting. Earlier this month, the market expected more hawkish action. But the Chart of the Day shows something different. What changed? "All About Bitcoin" fill-in host Lawrence Lewitinn explains the data.

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