Federal Reserve

U.S. Federal Reserve Chair Jerome Powell (screen capture courtesy of the Senate Banking Committee)
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have all but vanished over the past few weeks as both the economy and inflation exhibit unanticipated strength.
U.S. Federal Reserve Chair Jerome Powell (screen capture courtesy of the Senate Banking Committee)

Bitcoin price in April (CoinDesk)
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
Bitcoin price in April (CoinDesk)

Caitlin Long, Founder and CEO, Custodia Bank and Michael Casey, Chief Content Officer, CoinDesk (Shutterstock/CoinDesk)
Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit
Custodia filed a notice of appeal on Friday after a judge last month ruled it did not have the right to a Fed master account.
Caitlin Long, Founder and CEO, Custodia Bank and Michael Casey, Chief Content Officer, CoinDesk (Shutterstock/CoinDesk)

(Jesse Hamilton/CoinDesk)
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
(Jesse Hamilton/CoinDesk)

Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now?
Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now?
Strix Leviathan Chief Investment Officer Nico Cordeiro weighs in on the recent correction across the crypto market and his outlook on bitcoin (BTC) and ether's (ETH) price mov...
Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now?

U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)
The Solution for Stablecoin Regulation
Senators Cynthia Lummis and Kirsten Gillibrand are proposing legislation to address the inadequacies in the stablecoin sector, and foster financial innovation in the United St...
U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Minneapolis Federal Reserve Bank President Neel Kashkari (Fox News)
Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
Minneapolis Federal Reserve Bank President Neel Kashkari (Fox News)

Bitcoin price action continues to be choppy (Creative Commons, modified by CoinDesk)
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
Bitcoin price action continues to be choppy (Creative Commons, modified by CoinDesk)

BTC's price chart
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.
BTC's price chart

Catlin Long, Founder and CEO, Custodia Bank (Shutterstock/CoinDesk)
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.
Catlin Long, Founder and CEO, Custodia Bank (Shutterstock/CoinDesk)