Federal Reserve

Goldman Sachs Raises Odds of Fed Taper in November

"Historically, Fed taper has been a headwind for bitcoin," one fund manager said.

Markets  ·  25 August 2021

Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date

Bitcoin slipped below $50K and will likely consolidate this week, analysts say.

Markets  ·  23 August 2021

Market Wrap: Bitcoin Expected to Hold Support Above $45K

Analysts expect bitcoin to remain above its 200-day moving average.

Markets  ·  19 August 2021

Market Wrap: Bitcoin Trades Sideways as Institutional Demand Expected to Rise

Bitcoin and other cryptocurrencies are consolidating near recent highs.

Markets  ·  18 August 2021
Federal Reserve

Crypto Made the Agenda at Last Month’s Fed Meeting

This appears to be the first time the topic has come up in the seminal monthly FOMC meeting.

Policy & regulation  ·  18 August 2021

US July Consumer Price Index Rose Slightly Faster Than Expected

A year-over-year gain of 5.4% may reflect an economy that’s still suffering from supply shortages while keeping up with increasing demand.

Markets  ·  11 August 2021
Federal Reserve

July Jobs Report: U.S. Added 943,000, Beating Expectations

The U.S. unemployment rate fell to 5.4%, a post-pandemic low, from 5.9% in June, according to the U.S. Labor Department's Bureau of Labor Statistics.

Markets  ·  6 August 2021

Market Wrap: Bitcoin Hits Two-Month High After Late Day Surge

Bitcoin hits its highest level since mid May and has risen more than 15% over the past week.

Markets  ·  30 July 2021

Federal Reserve Keeps Rates Near Zero, Still Sees Inflation as ‘Transitory’

Even while pressure mounts to taper its asset purchases, the central bank will continue its accommodative quantitative easing.

Markets  ·  28 July 2021

COVID-19 Stimulus Checks Fueled ‘Modest’ Jump in Bitcoin Price Last Year: Cleveland Fed

Policymakers should not be concerned, the researchers wrote: Only 0.02% of coronavirus-relief checks ended up in bitcoin.

News  ·  16 July 2021
Federal Reserve

Jerome Powell: I’m ‘Undecided’ on the Benefits of CBDCs

The Federal Reserve chair said "the more direct route" would be to regulate stablecoins.

Markets  ·  15 July 2021
Federal Reserve

Jerome Powell: CBDC Report Coming in Early September

The report will address cryptocurrencies, stablecoins and CBDCs.

News  ·  14 July 2021

US June Consumer Price Index Rose Faster Than Expected

Financial markets from stocks to bonds to cryptocurrencies have been fixated on inflation readings as the economy reheats.

Markets  ·  13 July 2021
Federal Reserve

Fed Says ‘Surge’ in Crypto Prices Reflects Increased Risk Appetite

The central bank's monetary policy report to congress gave crypto a rare shoutout Friday.

Policy & regulation  ·  9 July 2021
Federal Reserve

US Jobs Report Shows Gain of 850K in June, Beating Estimates

The Labor Department also revised May's numbers up by 24,000.

Markets  ·  2 July 2021