“The financial stability tools helped to calm conditions in the banking sector,” said Powell. “Developments there, on the other hand, are contributing to tighter credit conditions and are likely to…
Some crypto observers predict bitcoin’s year-to-date rally might stall if Federal Reserve Chairman Jerome Powell refrains from signaling a highly anticipated pause to the tightening cycle today. Banrion Capital Management…
"As the market is expecting a pause after this hike, we'll be looking for the sentence on 'additional policy firming may be appropriate' to be removed from the statement, replaced…
The Fed, however, is fighting a two-front war, with its rate hikes possibly having helped expose balance sheet issues at a number of U.S. banks. This past weekend came the…
In an email to CoinDesk, Michael Safai, managing partner of crypto trading firm Dexterity Capital, said the latest Fed decision would likely lead to “mixed outcomes” for crypto traders. “While…
Ether, the second larges crypto in market value, was recently changing hands at $1,810, up 4.6% from Wednesday, same time. Other major cryptos were largely in the green, regaining ground…
These are set to be built in partnership with China Telecom, the second-largest wireless carrier in China with an estimated 390 million subscribers, as CoinDesk has reported. China Telecom will…
Still, a number of analysts were optimistic about bitcoin's price in the near future, given the bank sector's calamities. "Bitcoin, straddling between being the leading risk-on asset and a financial…
After surpassing $28,000 for the first time in nine months, bitcoin traded between $27,300 and $28,350 over the past 24 hours, as investors await a decision by the Federal Reserve…
The Fed said it would increase the frequency of the dollar swap lines with the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada…
