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federal reserve

3 Strategies Crypto Firms Can Use to Land a New Banking Partner

After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice.

Mar 30, 2023 at 7:13 p.m. UTC

Mar 30, 2023

OpinionBankFederal Reservebanking

Cryptos Gained in Q1 Despite Weakened Asset Class Perceptions

Glenn Williams Jr. discusses the confounding first quarter, which delivered massive gains to crypto investors even as the industry’s prospects appeared to worsen.

By Glenn Williams Nick Baker

Mar 29, 2023 at 4:23 p.m. UTC

Mar 29, 2023

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(Edmond J. Safra Center for Ethics/Wikimedia Commons, modified by CoinDesk)

Why Bitcoin Is Your Best Bet Against Inflation

Angel investor Tatiana Koffman discusses decades of Federal Reserve monetary policy, and why billionaire Paul Tudor Jones once predicted that bitcoin would become a workable inflation hedge.

By Tatiana Koffman

Mar 28, 2023 at 5:38 p.m. UTC

Mar 28, 2023

OpinionBitcoinInflationFederal ReservePaul Tudor Jones

Martin Gruenberg, chairman of the Federal Deposit Insurance Corp.

U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

FDIC chief Martin Gruenberg said a probe is underway as he and Fed Vice Chairman Michael Barr get set to tell U.S. senators what went on at Silicon Valley Bank, Signature Bank and Silvergate Bank.

By Jesse Hamilton

Mar 27, 2023 at 6:46 p.m. UTC

Mar 27, 2023

regulationsFDICFederal ReserveSilvergate BankSilicon valley bankSignature BankSenate Banking Committeehearing

Consensus 2019 NEW YORK, NY - MAY 13: Caitlin Long attends Consensus 2019 at the Hilton Midtown on May 13, 2019 in New York City. (Steven Ferdman/Getty Images)

Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

Though the Fed admitted Custodia has sufficient capital and resources to launch, it has “fundamental concerns” about the sustainability of a crypto-focused bank.

By Cheyenne Ligon Jesse Hamilton

Mar 24, 2023 at 5:42 p.m. UTC

Mar 24, 2023

regulationsCustodiaAvantiFederal Reservebanking

Crypto Update | Markets Wobble After Fed's Rate Hike and Focus on Inflation

With bitcoin and most other major cryptos falling after the Fed raised its benchmark interest rate by a quarter point and made clear that inflation remained its focus even after recent banking debacles, CoinDesk’s “Markets Daily” is back with its latest news roundup.

By Adam B. Levine Adrian Blust

Mar 23, 2023 at 5:29 p.m. UTC

Mar 23, 2023

PodcastsMarkets DailyInflationinterestInterest rateFederal Reserve

Technology

Analysis

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 Yellen said she is not considering a "blanket" deposit guarantee.

By Helene Braun Bradley Keoun

Mar 22, 2023 at 10:15 p.m. UTC

Mar 22, 2023

AnalysisbankingFederal ReserveUSBitcoinEconomyInflationInterest Rates

Finance

Federal reserve

Federal Reserve Hikes Rates by 25 Basis Points

Recent bank failures had market participants questioning if the U.S. central bank would follow through with its previous intention to further tighten monetary policy.

By Stephen Alpher

Mar 22, 2023 at 6:05 p.m. UTC

Mar 22, 2023

Federal ReserveFOMCinterest-rate hikesfederal funds rateBitcoin