federal reserve

Inflation (Getty Images)
Bitcoin Breaks $25K as U.S. Inflation Slowed to 6% in February
BTC rose to a nine-month high of $25,484 in the minutes following the inflation report and then extended those gains.
Inflation (Getty Images)

Bitcoin's daily price chart (CoinDesk/Highcharts.com)
Bitcoin Nears $25K as Interbank Funding Stress Indicator Surges to Highest Level Since COVID Crash
Banking sector stress strengthens the case for the Federal Reserve to pause its campaign of raising interest rates next week.
Bitcoin's daily price chart (CoinDesk/Highcharts.com)

Stablecoin issuer Circle is launching a new token backed by the euro in the U.S. (Sandali Handagama/ CoinDesk)
USDC's 'Black Swan' Depegging Could Have Been Avoided With Proper Regulatory Framework
Fissures among the progressive left are primarily responsible for the lack of U.S. regulatory progress, says John Rizzo of the Clyde Group.
Stablecoin issuer Circle is launching a new token backed by the euro in the U.S. (Sandali Handagama/ CoinDesk)

Federal Reserve Vice Chair Michael Barr
U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank
The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.
Federal Reserve Vice Chair Michael Barr

Bailout
Is This a Crypto Banking Bailout?
It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown.
Bailout

Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. (Justin Sullivan/Getty Images)
Silicon Valley Bank Depositors Will Have Access to 'All' Funds Monday, Say Federal Regulators
“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” a joint statement read.
Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. (Justin Sullivan/Getty Images)

CDCROP: Silvergate Bank HQ (CoinDesk)
A Tale of 2 Banks: Why Silvergate and Silicon Valley Bank Collapsed
Every U.S. bank is facing similar structural pressures to what drove crypto’s one-time favorite bank to the moon and then into the ground.
CDCROP: Silvergate Bank HQ (CoinDesk)

Fed Vice Chair for Supervision Michael Barr (Nikhilesh De/CoinDesk)
Federal Reserve Setting Up New Squad of Crypto Specialists
Michael Barr, the Fed’s vice chairman for supervision, said the central bank is trying not to stomp on crypto innovation and sees the need for stablecoin controls.
Fed Vice Chair for Supervision Michael Barr (Nikhilesh De/CoinDesk)

Silvergate Bank (CoinDesk)
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from its auditors.
Silvergate Bank (CoinDesk)

Markets Daily Podcast Cover
Crypto Update | Yes, Crypto Is Still Early
With U.S. Federal Reserve Chair Jerome Powell’s comments shaking market sentiment, plus a look at how we’re still early in crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover