Federal Reserve

Newsletters

First Mover: Sleepy Fed Meeting Belies Tense Economic Reality (Brrr) That May Buoy Bitcoin

It didn't really matter to bitcoin traders that the Federal Reserve's meeting this week was so anticlimactic. The real action is ongoing – in the form of more money injections.

News  ·  30 July 2020
Bitcoin

Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasurys

The Federal Reserve said Wednesday it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy.

Markets  ·  29 July 2020
Newsletters

First Mover: Crypto Traders ‘Greedy’ as Goldman Warns on Dollar

As the dollar faces a diluted world status, cryptocurrencies like ether and bitcoin are soaring, with a popular sentiment index now registering "greed."

Markets  ·  29 July 2020
Inflation

Why Bitcoin-Like Scarcity Would Be a Disaster for the Dollar

Calls to restrict the Fed's money printing powers fail to recognize the likely consequences, including price instability.

Policy & regulation  ·  28 July 2020
Newsletters

First Mover: Bitcoiners Not Worried Fed Money Printer Has Stopped Going ‘Brrrr’

The Federal Reserve's balance sheet is shrinking but bitcoin investors are betting it's only a matter of time before the economic toll of the coronavirus leads to more money printing.

Markets  ·  14 July 2020
Bitcoin

The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?

The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion that is not necessarily bad news for bitcoin.

Markets  ·  10 July 2020
Federal Reserve

‘Money Printer Go Brrr’ Is How the Dollar Retains Reserve Status

Forecasts of the dollar's demise are premature. Demand for greenbacks has never been stronger, says our columnist.

Markets  ·  1 July 2020
Bitcoin

Market Wrap: Bitcoin Tests $9K as Market Struggles With Uncertainty

After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.

Markets  ·  25 June 2020
Federal Reserve

Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.

News  ·  22 June 2020
Bitcoin

Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On

There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.

Markets  ·  17 June 2020
Federal Reserve

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.

Policy & regulation  ·  17 June 2020
Bitcoin

First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way

Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.

Markets  ·  16 June 2020
Bitcoin

Market Wrap: Stocks’ Carnage Drags Bitcoin Down to $9K

A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.

Markets  ·  11 June 2020
Bitcoin

Bitcoin Stuck Below $10K as Stocks Drop

With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.

Markets  ·  11 June 2020
First Mover

First Mover: Fed Sees No Inflation Through 2021, but Bitcoiners Are Betting on It Anyway

Bitcoin investors think "it's only a matter of time" before the U.S. experiences rocketing inflation.

Markets  ·  11 June 2020