In brief A federal appeals court affirmed the Fed’s ability to deny crypto bank Custodia a master account. Custodia had argued the Fed had no choice…
Browsing: Fed
Key points: Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points.Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening…
When I worked at the Federal Reserve, we used to joke that our job was to protect the status quo. The Fed’s mandate has long included…
Bitcoin slides below $109,000 as investors react to trade frictions, developments in Venezuela, and expectations of an upcoming Fed rate cut.The cryptocurrency market fell on Thursday,…
By Omkar Godbole (All times ET unless indicated otherwise)It’s a tough market to trade as bitcoin’s BTC$111,480.33 price swings sharply. Following a late Thursday drop from…