Federal Reserve

Federal Reserve

Bitcoin Falls 4% as Fed’s Powell Sees ‘Concern’ Over Rising Bond Yields

Federal Reserve Chair Jerome Powell disappointed some traders by offering few signs that the central bank might expand monetary stimulus.

Markets  ·  4 March 2021
Federal Reserve

Goldman Says Market Overpricing Odds of Fed Rate Hike, In Relief for Bitcoin Bulls

The Fed futures market now anticipates interest rate hikes in 2022, up from 2024 just four weeks ago.

Markets  ·  4 March 2021
Federal Reserve

Bitcoin Hovers Below $50K as Traders Await Fed’s Take on Bond Yields

Federal Reserve chairman Jerome Powell is expected to address rising bond yields later on Thursday.

Markets  ·  4 March 2021
Federal Reserve

Bitcoin Artist Concludes 12-City Billboard Exhibit With $10,000 Bitcoin Treasure Hunt

Cryptograffiti will drop a hint everyday until someone solves the private key puzzle to take the 0.21 BTC prize.

People  ·  1 March 2021
Federal Reserve

US Central Bank Explains ‘Preconditions’ for a Digital Dollar

The U.S. central bank is grappling with how to proceed on a potential "digital dollar" project.

Policy & regulation  ·  24 February 2021
Coinbase

FedWire Is Back Online After Outage That Affected Crypto Exchanges, Others

The outage only lasted a few hours and affected wire transfers that were in the process of being settled or were in the queue.

News  ·  24 February 2021
Coinbase

Outage at the Fed Delays Bank Wire Transfers, Affecting Crypto Exchanges

Cryptocurrency exchanges Gemini and Kraken reported delays in automated clearing house and FedWire transactions due to the outage.

News  ·  24 February 2021
Federal Reserve

Fed Chairman Powell: We Will Engage the Public on the Digital Dollar This Year

“This is going to be an important year,” Powell said of the digital dollar project.

News  ·  24 February 2021
Markets

Fed’s Powell Offers Bitcoin Bulls Glimmer of Hope as Price Drops to $45K

Jerome Powell is likely to reiterate the Fed's pro-stimulus stance later today, possibly putting a floor under bitcoin and stocks.

Markets  ·  23 February 2021
Federal Reserve

Bitcoin’s Rise Should Make Regulators Ask if the Fed’s Policies Have a Hand in It: WaPo

"The best reason to focus on bitcoin’s rise is what it tells us about the risks that may be bubbling up amid the Federal Reserve’s commitment to zero interest rates," the Post said.

Markets  ·  20 February 2021
Ether

Market Wrap: Bitcoin Steadying Around $52K, Ether Surges on Rising Institutional Interest

Bitcoin and ether continue to rise, but that could create problems for overheated derivatives markets.

Markets  ·  18 February 2021
Federal Reserve

Why the US Needs Bitcoin

Elon Musk and other VIPs have endorsed it. Here's why the Federal Reserve should seriously consider BTC for its balance sheet.

Policy & regulation  ·  17 February 2021
Federal Reserve

US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs

The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins.

News  ·  29 January 2021
Inflation

Fed Chair Powell: ‘We’d Welcome Higher Inflation’

The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.

Markets  ·  27 January 2021
Federal Reserve

Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates

The U.S. central bank said interest rates will remain close to zero.

Markets  ·  27 January 2021