Interest Rates


Markets

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.

(Neal Kharawala/Unsplash)

Markets

U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%

With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.

(Unsplash)

Markets

Fed's Powell at Jackson Hole: Prepared to Raise Rates Further if Appropriate

Market participants were looking to Friday morning's speech to gauge the future direction of the U.S. central bank's monetary policy.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)

CoinDesk Indices

Bitcoin Dreams Are Coming True in Argentina and Turkey

It’s no surprise a BTC-backing candidate just won a primary election in Argentina.

(Sasha Zvereva/Unsplash)

Markets

Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates

Instruments tied to interest rates compete with Bitcoin for investor dollars.

MakerDAO community votes to hike DAI rewards to 1% (Getty Images)

Opinion

PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits

While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)

Markets

CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data

Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

The April inflation report was released Wednesday morning (JLGutierrez/Getty Images)

Markets

Fed's Rate Hike Cycle Has Peaked, Investment Banks Say

The end of the tightening cycle, however, doesn't necessarily imply a quick pivot toward zero interest rate policy, meaning animal spirits may not return to the crypto market anytime soon.

Fed's liquidity tightening cycle may have peaked. (stevepb/Pixabay)

Finance

U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100

The unemployment rate fell to 3.5% versus forecasts for 3.6%.

(Unsplash)

Videos

Hedge Fund Manager Explains How Bitcoin Could Reach $300K

Morgan Creek Capital CEO and CIO Mark Yusko discusses his crypto markets analysis as bitcoin (BTC) and most other major cryptocurrencies shrug off the 25-basis-point interest rate hike by the U.S. Federal Reserve. Plus, how BTC could reach $300,000.

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