Crypto News

Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.As Asia begins its trading day, all major cryptocurrencies are down due to market uncertainty as a result of an Israeli attack on Iran.Early Friday Hong Kong time, Israel's military conducted multiple airstrikes against Iranian nuclear facilities, sending the price of BTC and ETH plunging.Despite this recent volatility, ETH is still up nearly 40% over the last three months, according to CoinMarketCap, beating the CoinDesk 20 index and bitcoin BTC.One theme that market observers are tracking is investors'...

Global financial stability faces a pivotal moment as crypto’s deepening ties with traditional finance drive urgent calls for regulatory overhaul. FSB Chair Warns of Crypto’s Systemic Risk, Demands Swift Global Action Financial Stability Board (FSB) Chair Klaas Knot sounded a warning on the expanding systemic implications of crypto assets during a keynote address at aSource link

Multiverse Computing claims its quantum-inspired compression tech can get large AI models like Llama-2 to fit on a smartphone.Source link

RBI is tightening crypto access via banks, CBDC expansion, and compliance, not banning it. Incremental measures aim to contain, not prohibit, crypto use. (Read More)Source link

Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 following reports of airstrikes in Tehran that unsettled global markets and triggered risk‑off sentiment. The cryptocurrency slid approximately 4.1% in the latest session, mirroring investor caution amid escalating Middle East tensions. In contrast, gold surged to $3,410 an ounce, up about 0.6% overSource link