Economy

Bitcoin daily price chart. (CoinDesk Indices)
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
Bitcoin daily price chart. (CoinDesk Indices)

(Pixabay)
Crypto Catalyst Watch: FOMC Minutes, Jobs Numbers Lead Busy Slate of Economic Releases
In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.
(Pixabay)

U.S. Federal Reserve Chair Jerome Powell (Federal Reserve via Wikimedia Commons)
Crypto’s Macro Drivers – It’s Not Just About Bitcoin
The macro outlook and why it matters for bitcoin and other crypto assets. An analysis by Noelle Acheson, CoinDesk’s former head of research.
U.S. Federal Reserve Chair Jerome Powell (Federal Reserve via Wikimedia Commons)

Internet-era bank runs don't look anything like this. (National Archives via Wikipedia, modified by CoinDesk)
Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
Federal Reserve Chair Jerome Powell says the speed of the Silicon Valley Bank run was “very different from what we’ve seen in the past.” However, Treasury Secretary Janet Yell...
Internet-era bank runs don't look anything like this. (National Archives via Wikipedia, modified by CoinDesk)

Federal Reserve Chair Jerome Powell (Anna Moneymaker/Getty Images)
Bitcoin and the Liquidity Question: More Complex Than It Seems
Monetary liquidity expectations is one driver moving crypto markets these days, though not in the way many think – even if easing is around the corner, liquidity is tight, say...
Federal Reserve Chair Jerome Powell (Anna Moneymaker/Getty Images)

(Maria Oswalt/Unsplash)
It’s Not Just Fraud That Chilled Crypto Regulation
While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Ac...
(Maria Oswalt/Unsplash)

(YinYang/Getty Images)
Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations
The unemployment rate rose to 3.6% against forecasts for it to hold steady at 3.4%.
(YinYang/Getty Images)

FOMC minutes show the policy hawks fighting the doves. (Getty Images/Tim Chapman)
Bitcoin Price Remains Lower After Release of FOMC Minutes
The Federal Reserve raised its benchmark fed funds rate by 25 basis points at its most recent meeting.
FOMC minutes show the policy hawks fighting the doves. (Getty Images/Tim Chapman)

Federal Reserve Chair Jerome Powell (Helene Braun/CoinDesk)
Bitcoin Rises to $23.3K as Jerome Powell Repeats 'Disinflationary Process' Comment
The Fed chair spoke days after the central bank last hiked interest rates.
Federal Reserve Chair Jerome Powell (Helene Braun/CoinDesk)

(Kevin Dietsch/Getty Images, modified by CoinDesk)
Jerome Powell Finally Believes He Might Actually Get His Soft Landing
The FOMC raised rates by the expected 25 basis points at this week’s meeting.
(Kevin Dietsch/Getty Images, modified by CoinDesk)