What's Driving The Crypto Rally?

Zhong Yang Chan, Head of Research, CoinGecko

21-Feb-23 07:30

Pause
Embed

One of the best performing asset classes this year has been cryptocurrencies. Bitcoin is up close to 50% on a year to date basis albeit still less than half the value of its peak of 67,000 US dollar in October 2021. With the collapse of FTX, this has invited greater scrutiny by the US Securities and Exchange Commission which recently proposed changes to federal custody requirements to include assets like crypto. How will this pan out and what has been the reason for the sudden surge in cryptocurrency prices? For answers, we speak to Zhong Yang Chan, Head Of Research, CoinGecko.

Image credit: Shutterstock

Produced by: Moh Heng Ying

Presented by: Chong Tjen San, Wong Shou Ning, Shazana Mokhtar

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: international, markets

Tags: bitcoin, cryptocurrencies, securities commission,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Shane Oliver, Chief Economist, AMP Capital tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Professor Dr Abhimanyu Veerakumarasivam of Sunway Medical School shares on the future of global health security and renewed fears over vaccine safety.

7:45 AM

Morning Brief

Dr. Joshua Netto, Blue Stone Management Sdn. Bhd discusses findings from the Putra Heights explosion report.

8:00 AM

The Breakfast Grille LIVE

Teh Wee Chye of Malayan Flour discusses how global macroeconomic and geopolitical issues are affecting the prices of wheat and grain, how its poultry segment is performing, and more.

8:30 AM

Morning Brief

Prof. James Chin of University of Tasmania discusses Sabah’s political turmoil over a bribery scandal involving 15 politicians and RM4 million in alleged kickbacks.

8:45 AM

Morning Brief

Chin Chee Seong of the SME Association of Malaysia discusses whether businesses are ready for the SST expansion taking effect today.

9:00 AM

Opening Bell

(REPEAT) Shane Oliver, Chief Economist, AMP Capital tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

People, Planet, Profit

Rutuja Tendolkar of ERM weighs in on how businesses should navigate both economic and social risks in data center development.

10:05 AM

Open For Business

Metal Brain Studio’s Charlie Chan shares how slapstick hit Oko Lele grew from a YouTube series into a global IP, and what it takes to turn digital content into a scalable, revenue-generating brand.

11:00 AM

Marketing Mojo

Cult Creative’s Dulya Wijeratne unpacks the difference between chasing trends and shaping them—and what makes a campaign resonate long after the hashtags fade.

12:00 PM

Enterprise Explores

Optimism vs Headcount: A 2025 Workforce Paradox. Aon's Rahul Chawla breaks down the 2025 workforce paradox where business optimism is high but hiring remains flat, and what it means for talent strategy.

1:00 PM

The Breakfast Grille Repeat

Teh Wee Chye of Malayan Flour discusses how global macroeconomic and geopolitical issues are affecting the prices of wheat and grain, how its poultry segment is performing, and more.

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

We speak to the vice chief of DAP’s youth wing on building a progressive Malaysia from within the system.

4:05 PM

Health & Living

Months after the deadly earthquake in Myanmar, do people have access to safe water? We speak to an expert on the ground to find out how they’re plugging the gaps.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

8:00 PM

BBC World Service

PROGRAMMES