There’s no room for slacking when it comes to monetary policy tightening, Powell says, as Bitcoin takes a breather from yearly highs.
Soft Science Economics Struggles With Hard Money Bitcoin
Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes
BTC price action destabilizes as markets watch Fed Chair Jerome Powell’s language for hints of policy change.
The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee’s meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell’s comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain’s cryptographic verification systems, could guide policymakers’ decisions.
US regional bank shares sink despite Fed calling banking system ‘sound’
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.
‘How did this happen’ — Powell says Fed stumped over the collapse of SVB
In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.”
Bitcoin Is a Clear Winner of the U.S. Banking Crisis
The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk’s George Kaloudis.
Federal Reserve confirms July launch for FedNow instant payment service
The Fed Now service aims to reduce the gap in payment time between US financial institutions.
Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
If the crypto industry was looking for a silver lining in Federal Reserve Chair Jerome Powell’s testimony in a U.S. Senate hearing on Tuesday, the best he could offer was that he’s hoping there’s something useful and innovative amidst crypto’s mayhem.
Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally
Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000.
Crypto market cap jumps $40B as Fed chair Powell hints at ‘disinflation’
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech.
Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation
No fresh BTC price catalyst from the Fed as Chair Powell fails to mention inflation altogether.
The Federal Reserve’s pursuit of a ‘reverse wealth effect’ is undermining crypto
The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets.
Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too “cocky” on Bitcoin.
Fed’s Powell: DeFi needs appropriate regulation before expanding to retail
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.
Jerome Powell is prolonging our economic agony
Jerome Powell is lengthening economic pain by refusing to raise interest rates at the necessary pace. It’s time to rip off the band-aid.
Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’
Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge.
Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing
The U.S. inflation narrative shifts away from ease-of-control in what could further pressure risk asset performance.
US dollar hits new 20-year high — 5 things to know in Bitcoin this week
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support.
‘Bullish rate hike’ — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.