Federal Reserve

Bitcoin

Fed Chair Powell’s Flexible Inflation Views Were Already Priced In

Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy.

Markets  ·  28 August 2020
Exchanges

First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle

Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

Markets  ·  28 August 2020
Bitcoin

Market Wrap: Bitcoin’s Powell-Induced Price Swing; Ethereum Still High on Gas

Bitcoin's price gyrated by over $450 during and after Fed Chair Powell’s comments while Ethereum’s gas congestion continues.

Markets  ·  27 August 2020
Bitcoin

Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting

Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.

Markets  ·  27 August 2020
Federal Reserve

Commentary: Fed Chair Jerome Powell Details Inflation Target Changes

The Fed confirmed if inflation consistently falls below its 2% target - as it has for most of the last decade - it will target inflation above 2%. Here's our live commentary.

Markets  ·  27 August 2020
Bitcoin

First Mover: Monetary Challenges Aren’t Just Virtual as Fed’s Powell Returns to Jackson Hole

Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.

Markets  ·  27 August 2020
Bitcoin

Bitcoin’s Implied Volatility Falls Sharply Ahead of Jerome Powell Speech

Bitcoin’s options market foresees little price turbulence in the short-term, even as markets await a key speech from the chairman of the Federal Reserve.

Markets  ·  27 August 2020
Federal Reserve

WATCH: Fed Chair Powell Lays Out Plan to Let Inflation Rise Above 2% for a While

Federal Reserve Chairman Jerome Powell is expected to announce new measures to control inflation at his annual speech on the U.S. central bank's policy approach during the Jackson Hole symposium Thursday.

Markets  ·  27 August 2020
Bitcoin

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

Markets  ·  26 August 2020
Bitcoin

Jerome Powell’s Coming Inflation Speech May Weigh on Dollar and Boost Bitcoin: Analysts

The Federal Reserve chief is expected to bolster expectations of inflation in a keynote address Thursday. That may be bad for the U.S. dollar but good for bitcoin.

Markets  ·  25 August 2020
Bitcoin

Bitcoin Risks Deeper Drop if Dollar Rebounds

The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting.

Markets  ·  20 August 2020
Federal Reserve

The Federal Reserve Is Experimenting With a Digital Dollar

The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon.

Policy & regulation  ·  13 August 2020
CoinFlash

Fed Reserve Analysts Say Common Digital Currency Distinction ‘Problematic’

Bitcoin blurs the boundaries of a widely used classification of digital currencies and the distinction should be retired, say Fed experts.

Policy & regulation  ·  13 August 2020
CoinFlash

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

News  ·  6 August 2020
Newsletters

First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play

The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.

Markets  ·  4 August 2020