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The rapid advancement of quantum computing technology is raising alarms about its potential implications for Bitcoin (BTC) and other blockchain-based cryptocurrencies, as reported by CoinMarketCap. The surge in quantum stocks, fueled by recent developments, has cast a shadow over the crypto market, highlighting the possible vulnerabilities that quantum computing could exploit. Quantum Computing’s Rising Influence Quantum computing, a field that leverages the principles of quantum mechanics, has recently gained significant attention. On October 23, reports surfaced that the Trump administration was considering taking equity stakes in major quantum computing firms. This announcement, coupled with Google’s recent breakthrough in quantum computing,…

Artificial Intelligence (AI) and High Performance Computer (HPC) mining stocks are rallying pre-market following news of the largest AI infrastructure financing on record, according to Bloomberg. Cipher Mining (CIFR) and IREN (IREN) are both up 7%, while Bitfarms (BITF) has jumped 12%, as investors rotate back into AI-exposed assets after a recent correction. The rebound comes as banks prepare a $38 billion debt sale to fund two major data centers tied to Oracle Corp (ORCL), in what would be the biggest financing ever for AI infrastructure.The debt is split into two senior secured credit facilities: $23.25 billion for a Texas…

White House AI and Crypto Czar David Sacks says he believes the U.S. is in an “excellent position” to pass market structure legislation ahead of the end of the year.David Sacks Expresses Optimism Over Key Crypto BillIn an October 23 X post, Sacks said he believes that the U.S. may be set to pass the long-awaited crypto legislation “with bipartisan support” before the end of 2025.Sacks also noted he had “productive meetings with leading Democratic members” as U.S. lawmakers convened over finding a way to advance the crypto policy forward.“This will finally bring much-needed regulatory clarity to the crypto industry,…

Major hardware crypto wallet providers Ledger and Trezor have both released new wallet iterations, giving users additional options to safeguard their assets through self-custody.Paris-based Ledger introduced its latest device, the Ledger Nano Gen5, on Thursday. In a notable shift, the company has dropped the term “hardware wallet” entirely, now referring to all its devices as “Ledger signers.”Rival hardware wallet company Trezor, based in Prague, also released its Trezor Safe 7 earlier this week, describing the device as its first quantum-ready hardware wallet.As both Ledger and Trezor have been supplying self-custody devices for over a decade, Cointelegraph took a closer look…

OKX, a prominent cryptocurrency exchange, has announced the listing of Meteora (MET) on its spot trading platform. This development marks a significant step for the MET token, enhancing its accessibility to traders globally. According to OKX, the deposit window for MET will open at 3:00 am UTC on October 22, 2025. However, the exact timing for the MET/USDT spot trading commencement will be disclosed at a later date. About Meteora Meteora is a decentralized exchange that aims to provide a secure and sustainable liquidity infrastructure within the Solana ecosystem and the wider DeFi (Decentralized Finance) space. This platform seeks to…

XRP pulls back from intraday highs amid heavier trading activity, holding above key support levels while lagging broader crypto benchmarks.News BackgroundXRP slipped 1.17% to $2.39 during Tuesday’s session, underperforming the CD5 index by 1.47 percentage points as sellers regained short-term control. The move came despite a 5.77% increase in trading activity above weekly averages, signaling tactical repositioning rather than outright liquidation.Price action stayed contained within the $2.33–$2.44 corridor, maintaining technical integrity even as market flows shifted. Traders described the move as “order book churn” — heavy rotation inside a defined range — with institutions recalibrating ahead of potential catalysts.Price Action…

The Federal Reserve has opened a discussion on a new entry point for payment firms. On October 21, Governor Christopher Waller described a potential “payment account” that would grant basic access to Fed payment services while limiting features that belong to full master accounts.The concept lands at a moment when market structure matters more than slogans. A narrow door into Fedwire and ACH could change who can move dollars directly, and it could shape how stablecoin issuers and tokenized funds settle fiat legs during busy periods.What the Fed Put on the TableWaller outlined a prototype that sits between today’s master…

Crypto prime broker FalconX has agreed to acquire 21Shares, the world’s largest issuer of crypto exchange-traded products (ETPs).By joining forces, FalconX and 21Shares aim to develop new regulated digital asset investment products that appeal to both institutional and retail investors, the company said in an announcement shared with Cointelegraph. “21Shares has built one of the most trusted and innovative product platforms in digital assets,” said Raghu Yarlagadda, CEO of FalconX. “We’re witnessing a powerful convergence between digital assets and traditional financial markets, as crypto ETPs open new channels for investor participation through regulated, familiar structures.”FalconX brings its $2 trillion trading infrastructure…

Brave Frontier, a well-known name in the gaming industry, has unveiled its latest installment, Brave Frontier Versus, now available on the Sui blockchain network. This launch marks a significant evolution in the franchise, leveraging Sui’s cutting-edge technology to offer an enhanced gaming experience, according to the Sui Foundation. A Legendary Franchise Expands Developed by gC Games, a subsidiary of Japan’s gaming giant gumi, Brave Frontier Versus brings the franchise’s iconic gameplay to a new trading card game (TCG) format. Players can now engage in fast-paced, turn-based PvP card battles, assembling teams of heroes for strategic matches. The game integrates Sui’s…

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.Prediction market bettors are growing increasingly convinced that the U.S. government shutdown will make history. Contracts on Polymarket and Kalshi are pricing in a resumption of government after 40 days, surpassing the 35-day record set in 2019.Traders on Polymarket assign the highest probability to a resolution around November 15, while Kalshi’s duration market forecasts an average length of…