FOMC
Fed Minutes Show Most Members Approve 25BPS Rate Hike; Counsel Says Voyager’s Binance US Sale Plan ‘Full Steam Ahead’
The latest FOMC minutes reveal that almost all Fed policymakers favored easing rate hikes to a quarter percentage point. Plans to wind up Voyager Digital by selling assets to Binance US are "on track," an attorney for the bankrupt crypto lender told a New York court on Wednesday. Coinbase (COIN) topped fourth-quarter earnings estimates Tuesday evening, but shares are sharply lower Wednesday alongside a sizable pullback in crypto.
Crypto Markets Analysis: CPI Data Shakes Crypto Markets Before Cooler Heads Prevail
Erratic moves immediately following the CPI data release steadied as the day progressed.
Bitcoin's 'Golden Cross' Explained
This much talked about technical indicator has value, yet doesn’t tell the whole story.
Market Is Revisiting Pre-Pandemic Sentiment: Portfolio Manager
In his post-FOMC meeting press conference, Federal Reserve Chair Jerome Powell said the disinflationary process has started. NewEdge Wealth Senior Portfolio Manager weighs in on that statement, saying, "not this year, maybe not even next year, but the year after we'll be in some mild deflation scenario."
Federal Reserve Lifts Interest Rates Another 25 Basis Points
Bitcoin's price was little changed in the minutes following the announcement.
Bitcoin Little Changed on Soft Economic Data Ahead of Fed Meeting
Wednesday morning's ADP jobs and ISM manufacturing reports both came in weaker than expected.
Fed Preview: Powell to Trigger 'Healthy Pullback' in Bitcoin, Experts Say
Financial conditions have loosened to a point where the Fed chair may detail the extent of easing is unwarranted, one observer said, warning of a pullback in risk assets.
Bitcoin Falls Below $23K; Will the Rally Stay?
Arca Director of Trading and Operations Wes Hansen joins "All About Bitcoin" to discuss the sustainability of bitcoin's recent rally. Plus, his outlook on how the upcoming Federal Open Market Committee (FOMC) decision will impact the crypto market. And, insights on bitcoin's funding rates and its comparison to ether.
Fed's Next Sharp Pivot Could Come From a Liquidity Crunch: Economist
Johns Hopkins University professor of applied economics Steve Hanke weighs in on a potential Fed pivot ahead of Wednesday's Federal Open Market Committee (FOMC) meeting. "The leading indicator will be the markets going into some kind of liquidity crunch," he said.