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The Federal Funds Rate and Crypto
We’ve come a long way in the evolution of cryptocurrency. Since the minting of Bitcoin’s Genesis Block, crypto quickly gained a “wild west” reputation. With no real precedent to refer to, regulators were dumbfounded at how to proceed. However, as the technology progressed and the culture and audience expanded, it became increasingly clear that guardrails were long overdue. Regulation was unavoidable for crypto to be taken seriously and become a legitimate financial market. This is the first concept to digest before we unpack theFederal Funds Rate (Fed rate) and its impact on crypto. The cryptocurrency markets ... (full story)
