Federal Reserve


Markets

Here’s What Crypto Traders Expect From the Midterms

Republicans are increasingly confident they will take control of the U.S. Congress and it could be bullish for crypto, according to some analysts and traders.

The U.S. Capitol (Nikhilesh De/CoinDesk)

Finance

Bitcoin (Magic Internet Money!) Again Proves Less Volatile Than Stocks

The Federal Reserve stirred up markets last week, but bitcoin was less reactive than plain old stocks.

(DALL-E, CoinDesk)

Videos

What This Week's Fed Decision, Jobs Report Means for Crypto

The U.S. Federal Reserve approved a fourth straight interest rate hike this week, while the Department of Labor said employers added 261,000 jobs in October. CoinDesk Markets Managing Editor Brad Keoun discusses the implications for the crypto markets and global finance. Plus, CoinDesk Research Analyst George Kaloudis on bitcoin's hashrate and volatility.

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Opinion

At Stake in the US Midterms: The Future of Money

With some seminal regulatory legislation up for consideration, the makeup of Congress in 2023 matters not only to crypto natives but to everyone.

(Rachel Sun/CoinDesk)

Videos

What the October Jobs Report Means for Crypto

The October Jobs Report reveals U.S. nonfarm payrolls beat estimates and grew by 261,000, while the unemployment rate rose to 3.7%. This comes as the U.S. Federal Reserve is aiming to bring down inflation significantly. Medley Global Advisors Managing Director Ben Emons discusses the data and the implications for the crypto industry.

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Policy

CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says

The New York Fed simulated foreign exchange transactions using a distributed ledger to test for improvements over the current system.

Federal Reserve Bank of New York (Michael M. Santiago/Getty Images)

Markets

US Added 261K Jobs in October, Topping Expectations for 200K

Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.

The U.S. government released its latest jobs figures Friday (David McNew/Getty Images)

Videos

Powell Addresses Pace of Rate Increases

There is "significant uncertainty" an interest rate level that will be sufficiently restrictive to bring inflation down to the Federal Reserve's 2% goal, Chair Jerome Powell says in a press conference on Wednesday.

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Videos

Fed Raises Rates by 75 Basis Points, Powell Says 'Ongoing Increases' Anticipated

The Federal Reserve on Wednesday raised interest rates by 75 basis points, in a move that was widely anticipated by market participants, including bitcoin (BTC) traders. "We continue to anticipate ongoing increases will be appropriate," Fed Chair Jerome Powell said.

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Videos

Why Today's Crypto Meltdown Is Comparable to the Panic of 1907

Frances Coppola, CoinDesk columnist, compares today's crypto meltdown to the Panic of 1907, a crisis that pre-dates the creation of the U.S. Federal Reserve. "In 1907, it was very much an individual within the financial system who was responsible for backing everything up," she says, referencing FTX CEO Sam Bankman-Fried.

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