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Asia Morning Update: Analyst Claims Crypto Industry Is ‘Unready’ for Quantum Threat

Asia Morning Update: Analyst Claims Crypto Industry Is 'Unready' for Quantum Threat

Good morning, Asia. Here are the latest market updates: Welcome to the morning briefing from Asia, where we summarize key stories and market movements during US trading hours. For an in-depth look at the US market, check out Coindesk’s Crypto Daybook Americas. Bitcoin As Asia kicks off the trading day, Bitcoin’s price is approximately $106,402.39, […]

Trump’s Justice Department looking into pardons granted by Biden

Trump's Justice Department looking into pardons granted by Biden

A Republican official from former President Donald Trump’s Justice Department informed staff on Monday about a directive to investigate the leniency shown towards President Joe Biden during his time in office, especially concerning death row inmates. Ed Martin, an amnesty counsel at the Justice Department, mentioned in an email reported by Reuters that the probe […]

Whitney Purvis’ son West has passed away at the age of 16.

Whitney Purvis' son West has passed away at the age of 16.

Whitney Purvis, known from “16 and Pregnant,” is mourning the loss of her son, Weston, who passed away at just 16 years old. The 33-year-old former reality star took to social media on Monday to share a heartfelt tribute to her “beautiful son,” revealing that he had died earlier that day. “This is incredibly hard […]

Poland Chooses Pro-Bitcoin President Nawrocki in Surprising Turn of Events

Poland Chooses Pro-Bitcoin President Nawrocki in Surprising Turn of Events

Pro-Bitcoin Politician Wins Poland’s Presidential Election Karol Nawrocki, a politician known for his pro-Bitcoin stance, has been declared the next president of Poland, leading with 50.89% of the votes against Warsaw Mayor Rafau Trzaskowski. This shift impacts Prime Minister Donald Tusk’s alliances, making it tricky for him as the conservative opposition gains strength for the […]

USD/INR rebounds with slight demand for US Dollar

USD/INR rebounds with slight demand for US Dollar

The Indian rupee is expected to weaken during the early European session on Tuesday. Increased demand for the US dollar and rising oil prices are pressuring the INR. Investors are waiting for the US job data to be released later on Tuesday, ahead of the RBI’s forthcoming decision. The Indian rupee (INR) looks set to […]

Labor Department Allows Cryptocurrency in 401(k) Plans

Labor Department Allows Cryptocurrency in 401(k) Plans

The US Department of Labor has officially abandoned its 2022 guidance that cautioned against including cryptocurrencies in 401(k) investment options. This change could potentially open up billions in retirement savings for crypto investments. End of 2022 Guidance The guidance from March 2022 advised retirement plan trustees to exercise “extreme caution” before adding cryptocurrency options, effectively […]

Trump’s lack of political shame could be his biggest advantage among MAGA supporters.

Trump's lack of political shame could be his biggest advantage among MAGA supporters.

It’s no secret that politicians often display a certain level of shamelessness—it’s essentially part of the job. They’re constantly trying to adjust to the shifting political climate, which means justifying their frequent changes in stance. It could be due to changing public sentiment, party loyalty, or even the influence of big donors. Interestingly, issues that […]