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Markets

Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding

Short-term puts are trading at relatively higher prices than calls, signaling nervousness in the crypto market.

(Lightspring/Shutterstock)

Videos

Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding

Bitcoin showed signs of exhaustion after the minutes from the Federal Reserve’s September meeting, released late Wednesday, flagged inflation concerns and revealed growing support for a faster unwinding of stimulus. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Markets

US September Jobs Report Misses, Amid Fed Tapering Speculation

August’s jobs number was revised up by 131,000. Bitcoin prices hold steady after the report.

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Policy

You Can’t Use a Trillion-Dollar Coin

It isn’t just a cute but faulty idea. It’s worthless.

(Dan Dennis/Unsplash)

Policy

Fed to Launch CBDC Review as Early as This Week: Report

Officials at the Fed are set to release a paper soliciting public comment on a central bank digital currency.

Federal Reserve Chair Jerome Powell (CoinDesk screenshot)

Markets

Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation

Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.

Bull

Videos

Crypto Community Continues Reacting to China’s Sweeping Crypto Ban

With continuing fallout from China, CoinDesk’s Christie Harkin reviews the week’s events out of China that potentially impacted the price of bitcoin and the wider crypto market.

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Policy

Rep. Emmer: Government Is ‘Trying to Gain Control Over’ Crypto

Speaking on CoinDesk TV’s “First Mover,” the congressman said crypto came into focus for Congress following the infrastructure bill debate.

Rep. Tom Emmer

Videos

Rep. Tom Emmer on Crypto Regulation, CBDCs, Infrastructure Bill

During Thursday’s House Financial Services Committee meeting, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies but signaled stablecoins need greater regulatory oversight. Committee member Rep. Tom Emmer (D-Minn.) reacts.

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