Investment bank Standard Chartered cut its short-term and full-year price forecasts for major cryptocurrencies, citing continued downside risk as exchange-traded fund (ETF) outflows and a challenging macro backdrop weigh on the market. The bank now expects bitcoin BTC$67,339.64 to drop to around $50,000 in the coming months, with ether ETH$1,954.76 potentially tied near $1,400. The […]
Hong Kong — Asia is outpacing Western markets in the adoption of onchain financial services, driven by a focus on user benefits and proactive regulation. While the West continues to focus on institutional asset management, Asian markets prioritize high-frequency retail applications and cross-border trading. During a panel discussion at Consensus Hong Kong, industry leaders highlighted
Asia leapfrogs the West in retail as regional hubs lead stablecoin regulations Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1943.37, up 1.3% (+25.4) since 4 PM ET Wednesday. Seventeen of the 20 assets are trading higher. Leaders: HBAR (+6.7%) and XLM (+4.2%). Laggards: UNI (-1.9%) and BCH (-0.8%).
Hedera (HBAR) rises 6.7%, leading index higher Read More »
In a market where crypto cycles rise and fall, while artificial intelligence feels inevitable and biotechnology unfolds over decades, YZi Labs is deliberately positioning itself across multiple technological frontiers. The unifying thesis is “to focus on the things that haven’t happened yet and to focus on the people who are there to dream them up
YZi Labs supports AI, biotech and Web3 Read More »
HONG KONG — CoinDesk concluded Consensus Hong Kong on Thursday with north of 11,000 attendees visiting booths and stages. While Day 1 focused on institutional projects and professional investor audiences, Day 2 concentrated on developers. Representatives of the Bitcoin, Ethereum and Solana communities all spoke about the challenge of scaling their networks and the tools
developers, scaling, PitchFest , Hackathon Read More »
The Espresso network has officially transitioned to a permissionless proof-of-stake blockchain with the launch of its ESP token, opening up participation in securing the network and distributing a community airdrop representing 10% of the total supply. The transition coincides with the rollout of the ESP token, which is used for staking, securing the network and
Espresso Network Launches ESP Token With 10% Airdrop Amid Ethereum Layer-2 Debate Read More »
As the curtain falls on Consensus Hong Kong 2026, the focus has shifted from corporate boardrooms to the show floor. While institutional chatter dominated the main stages, nearly 1,000 developers spent the week in the trenches of the EasyA x Consensus Hackathon, signaling a definitive turning point in the industry: “The Year of the Application
Hundreds of developers competed in the Consensus Hong Kong 2026 hackathon Read More »
Solana wants to position itself as the execution layer for “internet capital markets” in Asia, or places where users can issue, trade, borrow, lend and settle assets online, 24/7, without having to use a traditional stock exchange, bank or clearing house. At least that was the position’s participants and panelists at Solana’s Accelerate APAC event
Solana leans into tokenization and payments at Hong Kong’s Accelerate APAC event Read More »
DePin, a company that has 3.5 million users and is currently traveling to a Series A, won this year’s PitchFest at Consensus Hong Kong. Hong Kong-based zkME Technology won the $20,000 prize after a grueling two-day event where competitors pitched their solutions as key to various problems in the crypto sector. “If DeFi really wants
zkME Technology Wins $20,000 PitchFest Prize at Consensus Hong Kong Read More »
Binance did not cause the Oct. 10 crypto market liquidation event, but every exchange — centralized or decentralized — saw massive liquidations that day after China imposed rare earth controls and the U.S. announced new tariffs, Binance Co-CEO Richard Teng said. About 75% of the liquidations took place around 9:00 p.m. ET, along with two
