Federal Reserve
Fed’s Crypto Bank Guidelines; Coinhako Planning Expansion
The Federal Reserve issues guidelines for crypto banks to tap the central banking system. Coinhako is planning an expansion in Asia Pacific region. Huobi to end crypto derivatives trading in New Zealand. Tencent’s Huanhe NFT marketplace halts sales and will offer refunds.
Bitcoin's Next Move After Rally to 2-Month High
Bitcoin has rallied above $24,500 after Wednesday's U.S. economic data offered hope that rampant inflation might have peaked and the Federal Reserve would slow liquidity tightening in the months ahead. Amplify ETFs Portfolio Manager Dan Weiskopf discusses his bitcoin analysis and outlook. Plus, what Ethereum's merge could mean for the mining community and future of crypto regulation.
US Inflation Falls in July; What This Means for Crypto
U.S. inflation slowed to 8.5% in July according to the latest CPI print, sending bitcoin’s price jumping. The slower-than-expected reading takes pressure off the Federal Reserve to hike rates aggressively at their upcoming September meeting. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Up After July Fed Rate Hike Announcement
Bitcoin and other risk-on assets trending higher following U.S. Federal Reserve officials this week reiterating plans to keep raising interest rates higher to tamp down soaring inflation. Separately, the job market remains strong. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
The Federal Reserve and Federal Deposit Insurance Corporation (FDIC) ordered Voyager to cease any representations that customers' funds would be protected in case of the company's failure, according to an FDIC statement published Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the latest move.
Bitcoin Below $21K Ahead of Big Tech Earnings and FOMC Meeting
Bitcoin and other major cryptos are trending lower Wednesday with investors eyeing the Federal Reserve’s expected 75-basis-point interest rate hike and the release of quarterly earnings reports from Apple and other tech giants. XBTO Group Head of Trading Paul Eisma discusses his crypto markets analysis and outlook.
Fed Expected to Hike Rates by 75 Basis Points This Week
The Federal Reserve is expected to increase its interest rate by 75 basis points to combat rising inflation. Injective Labs CEO Eric Chen discusses the current "risk-off mode" in the crypto markets and the potential impact of macro headwinds on price action. Plus, the state of DeFi amid crisis in crypto lending.