In brief The Department of Justice has filed a criminal lawsuit against U.S. Federal Reserve Chairman Jerome Powell. Powell asserts the DOJ probe is a “pretext”…
Browsing: Fed
The crypto market’s movements are influenced by expectations of Federal Reserve rate cuts and a rally in global government bonds.
Wyoming Senator Cynthia Lummis, a pro-crypto United States lawmaker, said the recent proposal from Federal Reserve Governor Christopher Waller to give crypto companies access to “skinny”…
On Wednesday, the US Federal Reserve approved a 25-basis-point interest rate cut, marking the third this year and aligning with market expectations. Typical of its previous…
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…
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…