Tag: Crypto market

Powell’s Jackson Hole Speech Ignites Crypto Rally Federal Reserve Chair Jerome Powell’s dovish remarks at the Jackson Hole Symposium on August 22, 2025, sparked a significant rally in the crypto market, with Ether surging 15% to a new all-time high of $4,885, surpassing its 2021 record of $4,866.01. Powell’s indication of potential interest rate cuts in September shifted investor sentiment to a risk-on mode, boosting cryptocurrencies as...

Ripple-SEC Resolution Sparks XRP Optimism The resolution of the Ripple vs. SEC lawsuit, finalized this week after nearly five years, marks a pivotal moment for XRP and the broader crypto market. Both parties withdrew appeals, with a potential $50M settlement and the SEC dropping injunctions on XRP’s institutional sales. This outcome not only boosts XRP’s market confidence but also sets a regulatory precedent, potentially classifying more...