All I want for Christmas is Bitcoin, Dec. 9–16

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On Wednesday, the US Federal Reserve wrapped up its final policy meeting of 2021 by voting to maintain rates of interest at report lows. In doing so, the Fed set the stage for a collection of rate of interest hikes starting within the spring, which will likely be accompanied by a extra accelerated taper of its bond-buying program.

Whereas the Fed’s determination to cut back market liquidity might affect crypto traders within the quick time period, Bitcoin (BTC), Ether (ETH) and DeFi are carving out their very own narratives heading into 2022. These narratives might supersede the newest episode of central-bank tightening.

Beneath is the concise model of the newest “Crypto Biz” e-newsletter. For a complete breakdown of enterprise developments over the past week, register for the complete e-newsletter beneath.