Federal Reserve
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
The state's attorney general claims the Kansas City Fed’s decision to deny Custodia’s master account rests partly on “perceived inadequacies in Wyoming’s laws and regulations.”
Bitcoin Breaks Above $30K for First Time Since June 2022
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80% in value.
Bitcoin Approaches $30K, Reaching Highest Price Since June
The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.
Will Bitcoin Pass the $30K Test? Trader Explains Why BTC Is Rallying
Bitcoin (BTC) is trading flat on Monday, but not far from the key $30,000 level. The Crypto Trader Author Glen Goodman breaks down the drivers behind BTC's Q1 price action, citing the U.S. banking system turmoil and quantitative tightening from the U.S. Federal Reserve.
How U.S. Lawmakers View the Future of Crypto
Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.
Bitcoin Hovers Around $28K as Options Worth Billions of Dollars Expire
Bitcoin (BTC) is under pressure on Friday as options worth billions of dollars expired and some traders took bearish bets on the cryptocurrency's Ethereum-based wrapped version, WBTC. Bannockburn Global Forex Chief Market Strategist Marc Chandler shares his crypto markets analysis and the impact the ongoing banking crisis may have on the U.S. Federal Reserve's fight against inflation. "We know that banking crises, financial crises tend to be deflationary. What we don't know is the magnitude and the duration," Chandler said.
Bitcoin Hovers Around $28K as PCE Rose 0.3% in February
Bitcoin is trading around $28,000 as the PCE price index, the Federal Reserve's preferred inflation gauge, increased 0.3% in February. Bannockburn Global Forex Chief Market Strategist Marc Chandler weighs in on the state of inflation in the U.S. and how current macroeconomic conditions could impact the crypto market.
Tres estrategias que las empresas de Cripto pueden utilizar para conseguir un nuevo socio bancario
Después del reciente colapso de tres bancos favorables a las criptomonedas, muchas empresas se ven obligadas a buscar nuevas asociaciones bancarias. Brett Philbin, Rachel Millard y Rosie Gillam de Edelman Smithfield ofrecen consejos.
3 Strategies Crypto Firms Can Use to Land a New Banking Partner
After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice.