Interest Rates

Federal Reserve Chair Jay Powell delivered remarks Friday morning (Drew Angerer/Getty Images)
Fed's Powell at Jackson Hole: Prepared to Raise Rates Further if Appropriate
Market participants were looking to Friday morning's speech to gauge the future direction of the U.S. central bank's monetary policy.
Federal Reserve Chair Jay Powell delivered remarks Friday morning (Drew Angerer/Getty Images)

(Sasha Zvereva/Unsplash)
Bitcoin Dreams Are Coming True in Argentina and Turkey
It’s no surprise a BTC-backing candidate just won a primary election in Argentina.
(Sasha Zvereva/Unsplash)

New Fed messaging suggests rates and inflation might go higher (Getty images)
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
New Fed messaging suggests rates and inflation might go higher (Getty images)

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.
PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)

CPI data for July is scheduled to be released later this week. (Getty Images)
CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.
CPI data for July is scheduled to be released later this week. (Getty Images)

Fed's liquidity tightening cycle may have peaked. (stevepb/Pixabay)
Fed's Rate Hike Cycle Has Peaked, Investment Banks Say
The end of the tightening cycle, however, doesn't necessarily imply a quick pivot toward zero interest rate policy, meaning animal spirits may not return to the crypto market...
Fed's liquidity tightening cycle may have peaked. (stevepb/Pixabay)

Hedge Fund Manager Explains How Bitcoin Could Reach $300K
Hedge Fund Manager Explains How Bitcoin Could Reach $300K
Morgan Creek Capital CEO and CIO Mark Yusko discusses his crypto markets analysis as bitcoin (BTC) and most other major cryptocurrencies shrug off the 25-basis-point interest...
Hedge Fund Manager Explains How Bitcoin Could Reach $300K

Bitcoin Little-Changed After Fed Rate Hike; Federal Prosecutors Want to Jail Sam Bankman-Fried
Bitcoin Little-Changed After Fed Rate Hike; Federal Prosecutors Want to Jail Sam Bankman-Fried
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in the cryptocurrency industry, as the U.S. Department of Justice wants FTX founder Sam Bankman-Fried...
Bitcoin Little-Changed After Fed Rate Hike; Federal Prosecutors Want to Jail Sam Bankman-Fried

U.S. Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central...
U.S. Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)