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Latest cryptocurrency news and articles about asia. Stay updated with developments, analysis, and insights.

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Porsche May Scale Back EV Push for Hybrids Amid China Slump and New CEO

Porsche May Scale Back EV Push for Hybrids Amid China Slump and New CEO

Porsche is scaling back its electric vehicle plans due to weak demand in China and a crowded market, redirecting investments to petrol and hybrid engines. This shift, led by new...

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1 min
Luxury automaker Porsche reverses EV strategy amid weak China demand

Luxury automaker Porsche reverses EV strategy amid weak China demand

Porsche is pulling back from its electric vehicle plans, thanks to weak demand in China amid a frenzy in a crowded market that has erased almost two-thirds of its stock value since May 2023. The luxur...

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1 min
China Is Third-Largest Contributor To Global Bitcoin Mining: Why It Matters

China Is Third-Largest Contributor To Global Bitcoin Mining: Why It Matters

China was once the undisputed center for Bitcoin mining. Known for its cheap power and access to leading hardware manufacturers, all of this positioned China as a leader in global Bitcoin mining. Howe...

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1 min
U.S. Commerce Department said Trump is not negotiating equity stakes with quantum computing companies like IonQ, Rigetti, or D‑Wave

U.S. Commerce Department said Trump is not negotiating equity stakes with quantum computing companies like IonQ, Rigetti, or D‑Wave

The U.S. Commerce Department said on Thursday it’s not in talks with quantum computing companies about taking any ownership in exchange for federal money. A spokesperson told CNBC, “The Commerce Depar...

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1 min
Trump’s new sanctions target Russia’s top four oil producers, including Rosneft and Lukoil

Trump’s new sanctions target Russia’s top four oil producers, including Rosneft and Lukoil

Wall Street analysts are warning of severe economic fallout for Russia after President Donald Trump imposed new sanctions on Rosneft and Lukoil, the country’s biggest oil producers. The decision, made...

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1 min
US Considers Quantum Investments to Counter China as Bitcoin Encryption Risks Loom

US Considers Quantum Investments to Counter China as Bitcoin Encryption Risks Loom

The US government is exploring direct investments in quantum computing companies via CHIPS Act funds to counter China’s advancements, raising alarms in the crypto sector over potential threats to encr...

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1 min
US eyes quantum computing investments amid rising national security stakes

US eyes quantum computing investments amid rising national security stakes

Washington is considering direct investments in US quantum computing companies as it seeks to keep pace with China’s tech capabilities....

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1 min
Singapore’s Pave Bank Raises $39M to Potentially Expand Crypto Offerings for Institutions

Singapore’s Pave Bank Raises $39M to Potentially Expand Crypto Offerings for Institutions

Pave Bank, a Singapore-based digital bank, secured $39 million in Series A funding led by Accel to expand its programmable crypto and fiat services for institutional clients. This funding addresses...

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1 min
Trump Escalates Trade Tensions with China

Trump Escalates Trade Tensions with China

Trump claims trade injustices against the U.S. globally. Continue Reading: Trump Escalates Trade Tensions with China The post Trump Escalates Trade Tensions with China appeared first on COINTURK NEWS ...

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1 min
BREAKING: Latest Wave in the US-China Trade War – Trump Makes a Statement, Tensions Run High

BREAKING: Latest Wave in the US-China Trade War – Trump Makes a Statement, Tensions Run High

The Trump administration is preparing to launch a new trade investigation into China's failure to comply with the terms of a 2020 trade agreement. According to sources familiar with the matter, this s...

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1 min
Verasity Price Prediction 2025-2031: Could VRA Price Exceed $1?

Verasity Price Prediction 2025-2031: Could VRA Price Exceed $1?

Key takeaways : Verasity price predictions suggest an average market price of $ 0.0007169 by the end of 2025 By 2028, VRA might touch $0.0046. By 2031, VRA is expected to reach a maximum of $0.0153. V...

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1 min
Fidelity Integrates Solana as Hong Kong Approves First SOL ETF Amid U.S. Delays

Fidelity Integrates Solana as Hong Kong Approves First SOL ETF Amid U.S. Delays

Fidelity’s addition of Solana to its U.S. brokerage platform on October 23 provides regulated direct access to SOL for investors, alongside Bitcoin and Ethereum, boosting institutional adoption. This ...

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1 min