This episode is sponsored by NYDIG.
Today on “The Breakdown,” NLW examines the upcoming Federal Reserve winding down, or taper, of its help for the markets. This consists of scaling again its bond-buying applications, a course of that might start as early as subsequent month and conclude the center of subsequent yr. Plus, the Fed could elevate rates of interest earlier than the top of 2022. Additionally, on the Brief, he covers:
- A $50 million fundraise for a former ConsenSys exec
- A brand new social token centered accelerator
- Invesco and Galaxy crew on crypto ETFs
See additionally: Bitcoin to Remain Resilient to Fed’s Impending Taper: Analysts
“The Breakdown” is written, produced by and options NLW, with enhancing by Rob Mitchell and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our government producer and our theme music is “Countdown” by Neon Beach. The music you heard as we speak behind our sponsor is “Only in Time” by Abloom. Image credit score: Andrew Harrer/Bloomberg/Getty Images, modified by CoinDesk.