Bitcoin Reclaims $85K Following Fed and Stocks Rose, but One Analyst Suggests Caution
Gold continues to be the star of the cycle, jumping to a new record above $3,050 per ounce.
Federal Reserve
Crypto’s Debanking Worries Hit Another Big Stage in U.S. House
The industry’s U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision
Barr will continue to serve as a member of the Federal Reserve Board of Governors.
Hawkish Fed Has Bitcoin Market Feeling Most Fearful in 3 Months
Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets.
Fed Chair Jerome Powell’s Hawkish Comments Throw Some Cold Water on Crypto
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.
Senior Federal Reserve Official Who Blasted Bitcoin Now Says He’ll Have an Open Mind
Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry “worthless” and “nonsense,” still isn’t an uber-bull, though.
Ether Blows Past $3K, Builds Bullish Momentum After Trump’s Election Win and Fed Rate Cut
Ether’s price. (TradingView/CoinDesk)
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has ‘No Effect’ on Policy
Fed Chair Jerome Powell’s speech later today could shake up markets as he will face questions about the central bank’s outlook on monetary policy and inflation after Donald Trump’s decisive win of the U.S. presidential election.
The Fed Is the Wrong Regulator for Stablecoins
The U.S. central bank would be conflicted, because stablecoins compete with the Fed’s payments infrastructure and with potential CBDCs.