CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

federal reserve

Fed Chair Powell Testifies Before The House Committee On Financial Services

Bitcoin and the Liquidity Question: More Complex Than It Seems

Monetary liquidity expectations is one driver moving crypto markets these days, though not in the way many think – even if easing is around the corner, liquidity is tight, says Noelle Acheson.

By Noelle Acheson

Mar 21, 2023 at 7:24 p.m. UTC

Mar 21, 2023

OpinionFederal ReservebankingBitcoinEconomyQuantitative Easing

The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?

Two views on why bitcoin's price rose by so much this month amid bank runs and uncertainty on whether the Federal Reserve will raise interest rates.

By David Z. Morris

Mar 21, 2023 at 4:33 p.m. UTC

Mar 21, 2023

OpinionBitcoinInflationinflation hedgeFederal ReserveFOMC

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)

First Mover Americas: Bitcoin Holds Steady at $28K Before Fed Meeting

The latest price moves in crypto markets in context for March 21, 2023.

By Lyllah Ledesma Omkar Godbole

Mar 21, 2023 at 12:18 p.m. UTC

Mar 21, 2023

First MoverMarketsBitcoinFederal ReserveInterest rate

U.S. Federal Reserve Board in Washington

Fed Preview: Powell Likely to Raise Rates by 25 Basis Points Against Crypto Market's Hope for Status Quo

Not raising rates now may make it more difficult later, some analysts say.

By Omkar Godbole

Mar 21, 2023 at 10:53 a.m. UTC

Mar 21, 2023

BitcoinFederal ReserveInterest Rates

Leverage in crypto could send you soaring, but it's risky. (Creative Commons)

Bitcoin Seesaws Around $28K as Investors Await Fed Interest Rate Decision

The U.S. central bank is widely expected to boost the rate 25 basis points.

By James Rubin

Mar 20, 2023 at 11:46 p.m. UTC

Mar 20, 2023

BitcoinEthercrypto marketsFederal Reserve

No Crypto Banking Port Has Really Opened Up in This U.S. Storm

As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.

By Jesse Hamilton

Mar 20, 2023 at 2:49 p.m. UTC

Mar 20, 2023

regulationsBankingFederal ReserveFDICSilicon valley bankSignature BankSilvergate Bank

Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K

The big move is aimed at avoiding a March 2020-like global dash for cash that saw investors sell everything, including bitcoin, for the U.S. dollar.

By Omkar Godbole

Mar 20, 2023 at 2:32 a.m. UTC

Mar 20, 2023

BitcoinUSDFederal Reserve

Conceptual business illustration of risk zone metaphor with businessman silhouette standing like between a rock and a hard place. Minimalistic vector illustration

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.

By Michael J. Casey

Mar 17, 2023 at 6:11 p.m. UTC

Mar 17, 2023

Fed's balance sheet (Fred.stlouisfed.org)

Markets

Federal reserve

Crypto Twitter Thinks the Fed's $297B Balance Sheet Expansion Is 'QE', but It's Not

According to some observers, the latest expansion in the central bank's balance sheet is not outrightly stimulative like the one seen following the coronavirus-induced crash of 2020.

By Omkar Godbole

Mar 17, 2023 at 6:30 a.m. UTC

Mar 17, 2023

Federal ReserveBitcoinMarkets

"The Art Of The Brick: DC Super Heroes" Exhibition At Parc De La Villette

Consensus Magazine

Opinion

U.S. Banking Collapse Doesn't Necessarily Make Crypto Trustworthy

The fall of Silicon Valley Bank had a convenient deus ex machina to fix collateral damage. Crypto cannot expect the same, Wilson Sonsini Goodrich & Rosati partners Jess Cheng and Amy Caiazza write.

By Jess Cheng Amy Caiazza

Mar 16, 2023 at 9:13 p.m. UTC

Mar 16, 2023

OpinionSvbDecentralizationFDICTreasury DepartmentFederal Reserve