Rachael Lucas

Rachael Lucas

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Crypto markets surge amid key developments

Crypto markets surge amid key developments

BlackRock champions tokenisation, XRP gains traction, and crypto ETFs surge under shifting SEC leadership. Meanwhile, Bitcoin rallies on SEC action, Solana outshines Ethereum, and Bank of America signals readiness for crypto payments.

Bitcoin gains institutional backing

As meme coins attract speculators with their viral appeal, Bitcoin’s growing institutional adoption reinforces its position as a credible and valuable alternative asset class.

Market update: Crypto market cap surges to US$3.42T

Solana’s (SOL) surge, driven by the launch of Donald Trump’s $TRUMP meme coin, has pushed its total value locked (TVL) above US$10 billion, marking a significant recovery for the ecosystem.

Bitcoin rebounds on inflation data

Bitcoin staged a remarkable comeback after light US inflation data sparked optimism among investors. Discover how market dynamics are shifting and what this could mean for crypto’s future performance.

Market update: Bitcoin declines amid strong U.S. economic data

Bitcoin closed the trading week in the red, retreating from its recent high of US$108,530 in mid-December. This decline follows stronger-than-expected U.S. economic data, which has bolstered the dollar and reduced expectations for the US Fed to cut rates.

Robust job data spurs market downturn

The release of unexpectedly robust job opening data in the United States has led to a market pullback, as traders anticipate that the US Federal Reserve may maintain elevated interest rates for an extended period.

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