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Chair Jerome Powell participates in the Federal Open Market Committee (FOMC) press conference on June 15, 2022.
Market Wrap: Bitcoin Regains $19K and Ether Rises as FOMC Meeting Nears
Both assets are likely to remain in a tight trading range, at least until the Federal Reserve announces its latest interest rate hike or some other catalyst appears.
Chair Jerome Powell participates in the Federal Open Market Committee (FOMC) press conference on June 15, 2022.

J. Christopher Giancarlo (Patrick T. Fallon/Bloomberg via Getty Images)
Ex-CFTC Chair Chris Giancarlo Joins CoinFund as Policy Adviser
Giancarlo will help the crypto venture capital firm navigate the Web 3 landscape.
J. Christopher Giancarlo (Patrick T. Fallon/Bloomberg via Getty Images)

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US House Passes Bill to Require Financial Regulators to Set Up Digital Assets Working Group
The Eliminate Barriers to Innovation Act of 2021 seeks to establish a digital asset working group with representatives from the SEC and CFTC.
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Trump Administration Popped 2017 Bitcoin Bubble, Ex-CFTC Chair Says
"We saw a bubble building and we thought the best way to address it was to allow the market to interact with it," said Christopher Giancarlo.
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LedgerX Claims 'Personal Animus' Drove Ex-CFTC Chair to Stall Approvals
LedgerX claims former CFTC Chairman Christopher Giancarlo threatened the company for personal reasons, two letters obtained by CoinDesk reveal.
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Cryptos Are Commodities, Rules US Judge In CFTC Case
A U.S. district judge has backed the U.S. Commodity Futures Trading Commission in defining cryptocurrencies as commodities.
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A Token to Regulate All Tokens? Messari to Raise ICO
The entrepreneur behind Messari shares his vision for how the crypto industry could self-regulate ICOs and forestall a regulatory apocalypse.
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US Commodities Regulator Beefs Up Bitcoin Futures Review
The Commodity Futures Trading Commission has issued a new checklist as part of the "heightened review process" it's developing for virtual currencies.
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