Federal Reserve
US Jobs Report Shows Gain of 850K in June, Beating Estimates
The Labor Department also revised May's numbers up by 24,000.
Bitcoin Set for Record Second-Quarter Price Drop
Bitcoin's second-quarter decline looks like a technical pullback, one observer said.
Stablecoins and CBDCs: Private Vs. Public Monetary Innovation
A Federal Reserve official praised stablecoins over CBDCs, yesterday. The debate cuts right to role of government in money.
Fed Vice Chair: 'We Should Be Saying Yes' to Stablecoins
Randal Quarles expressed more support for stablecoins than some of his colleagues.
Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar
CoinDesk Managing Editor of Technology Christie Harkin and Managing Editor of Markets Brad Keoun discuss this past week's top stories moving the crypto markets, including the Fed's announcement of raising interest rates, hedge funds pledging more capital to crypto, the impact of El Salvador's currency law, rising ESG concerns, China's crackdowns on bitcoin mining operations, and Taproot activation.
Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar
Bitcoin remains relatively resilient, having priced in the Fed's hawkish tilt in advance.
Fed Projects Earlier Interest Rate Increase
Crypto markets update and outlook from MarketGauge Group's Michele Schneider as the Federal Reserve anticipates raising interest rates sooner than expected. Plus, Iron Finance's Titan Token falls from $65 to near zero. Schneider weighs in on what potentially caused the panic sell-off and the state of decentralized finance (DeFi).
Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement
Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.
Fed Holds Rates at Near Zero, Projects Two Possible Rate Hikes by Late 2023
CoinDesk’s Galen Moore reacts to the Federal Reserve, suggesting a faster time frame for interest rate hikes as inflation rises. Plus, his thoughts on Steve Hanke stating El Salvador’s decision to adopt bitcoin as legal tender could collapse its economy.
Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.
