Latest Crypto News

Finance

ETHZilla prepares for takeoff: How you can now own a piece of a jet engine for just $100

ETHZilla unveiled a tokenized aviation asset, Eurus Aero Token I, offering accredited investors access to lease income from two commercial jet engines.

Plane in the air (Artturi Jalli/Unsplash/Modified by CoinDesk)

Markets

Standard Chartered sees bitcoin sliding to $50,000, ether to $1,400 before recovery

The bank cuts its 2026 crypto price targets, warning of further near-term capitulation as ETF outflows and macro headwinds weigh on digital assets.

AI trading screens. (TheDigitalArtist/Pixabay)

Finance

Asia leapfrogging the West in onchain retail use as regional hubs lead on stablecoin rules

Experts at Consensus Hong Kong said regional focus on user utility and stablecoin regulation is driving adoption.

The Unseen Playbook panel at Consensus Hong Kong (CoinDesk)

Policy

A ladder for the masses: Pakistan’s Bilal Bin Saqib says crypto is a necessity, not a luxury

Regulation of digital assets is a great opportunity for emerging markets, said Pakistan’s crypto regulation lead.

PVARA chairman Bilal Bin Saqib (Consensus)
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Finance

Crypto industry experts at Consensus see Asian institutions pivot toward stablecoins

Panelists at the conference discussed how regulatory progress in Hong Kong and Japan creates a structured path for capital allocation.

Consensus Hong Kong

Finance

Gate CEO and founder Lin Han says banks have lost the war against stablecoins

The head of the fourth-largest crypto exchange by daily trading volume also said he believes bitcoin’s four-year cycle is no longer a thing.

Lin Han of Gate (Photo: Olivier Acuna/Modified by CoinDesk)

Finance

Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus

The chairman of Greater China at McKinsey said nearly every company is experimenting with AI, few are rethinking their organizations deeply enough to unlock profit.

McKinsey Greater China Chairman Joe Ngai at Consensus Hong Kong 2026 (CoinDesk)

CoinDesk Indices

CoinDesk 20 performance update: Hedera (HBAR) rises 6.7%, leading index higher

Ripple (XLM), up 4.2% from Wednesday, was also among the top performers.

CoinDesk
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Finance

Bitcoin layer-2 builders pitch BTCFi as the next institutional unlock

Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin’s scaling layers are less about throughput and more about turning the asset into a programmable financial base layer.

Bitcoin layer-2 builders at Consensus Hong Kong 2026 (CoinDesk)

Finance

From stablecoins to biotech: Why YZi Labs is betting on things that haven't happened yet

Ella Zhang of YZi Labs says her firm invests in founders building what doesn’t yet exist, guided by first principles and long-term conviction across AI, biotech and Web3.

Ella Zhang, head of YZi Labs, at Consensus Hong Kong 2026 (CoinDesk)

Finance

Recapping day 2 of Consensus Hong Kong

The conference's second day focused more on developers after day 1 concentrated on institutional providers and traders.

Wide shot of a packed show floor during Consensus Hong Kong 2026

Markets

Forget $80k: Michael Terpin warns bitcoin could revisit the $40,000s before a real recovery

Terpin argued that bitcoin’s post-halving bubble followed its typical arc and says history suggests the market may still face another wave of pain.

Transform Ventures CEO Michael Terpin at Consensus Hong Kong 2026 (CoinDesk)
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Finance

Espresso network launches ESP token with 10% airdrop amid Ethereum layer-2 debate

The network transitioned to proof-of-stake and coincides with the rollout of the ESP token, which is used for staking, securing the network and protocol participation.

(Kris Gerhard/Unsplash)

Markets

Bitcoin defies 'extreme fear,' hot jobs report to show signs of resilience

Bitcoin rose after the U.S. jobs report indicated employment growth in many sectors of the economy was restrained even as the headline number surged.

Uniswap logo on phone (appshunter.io/Unsplash)

Tech

AI-powered agents dominate the EasyA x Consensus Hong Kong hackathon

Winning projects like FoundrAI demonstrate how generative AI is allowing developers to build market-ready products in just 48 hours.

(Photo: Olivier Acuna/Modified by Coindesk)
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