Daily News 19

Tag: Bitcoin Asia 2026

  • Binance Founder CZ Says Crypto Sector Has Ended Its Harshest “Crypto Winter” in History: Here Are the Details

    Binance Founder CZ Says Crypto Sector Has Ended Its Harshest “Crypto Winter” in History: Here Are the Details

    Binance founder Changpeng Zhao said the cryptocurrency industry has endured the most severe “crypto winter” in its history while maintaining strong underlying fundamentals.

    Speaking at Bitcoin Asia 2026 in Hong Kong, Zhao said the market has matured significantly following previous sharp declines. The Binance founder, widely known as CZ, also offered a broadly positive outlook for the sector’s future.

    Real-world asset tokenization gains momentum

    Zhao said expectations are particularly high for the tokenization of real-world assets (RWA). He noted that putting tokenized assets on-chain could reduce time and cross-border transaction constraints, while also improving liquidity for small and medium-sized assets by connecting them with investors worldwide.

    Global cryptocurrency regulation

    Discussing regulatory approaches around the world, Zhao identified the United Arab Emirates (UAE) as one of the leading countries in cryptocurrency regulation. He added that the United States is making rapid progress in establishing rules for stablecoins and cryptocurrency exchanges.

    Zhao said Japan has adopted a crypto-friendly approach, Hong Kong’s market is expanding rapidly, and Singapore is following a more cautious policy than some other regions.

    Decentralized exchanges continue to mature

    CZ also said decentralized exchanges (DEXs) have made significant advances in both technological infrastructure and user awareness over the past eight years. According to Zhao, DEXs have become a more mature part of the cryptocurrency ecosystem, and the sector could make an even greater leap forward if regulatory conditions were relaxed further worldwide.

    Zhao’s comments highlighted regulatory clarity, broader adoption of RWA tokenization and continued development of decentralized finance infrastructure as potential drivers of the cryptocurrency sector’s next growth phase.

    This is not investment advice.

  • Crypto Has Survived Its Harshest Winter as Fundamentals Remain Solid

    Crypto Has Survived Its Harshest Winter as Fundamentals Remain Solid

    Binance founder Changpeng Zhao, widely known as CZ, delivered an upbeat assessment of the cryptocurrency industry at the Bitcoin Asia 2026 event in Hong Kong, saying the sector has moved beyond its most difficult period. He told attendees that crypto’s fundamentals remain strong as the market continues to develop amid changing regulatory conditions worldwide.

    RWA Tokenization Emerges as a Major Crypto Opportunity

    Zhao identified real-world asset (RWA) tokenization as one of the cryptocurrency industry’s most promising areas. He said bringing assets on-chain could remove traditional time and cross-border barriers, making it easier for investors around the world to connect with them.

    On-chain assets could also improve liquidity for small and mid-sized investments that often struggle to attract capital through traditional financial channels. Zhao’s comments reflect the broader push to connect traditional finance with blockchain technology, an area that has attracted growing institutional interest in recent years.

    Crypto Regulation Remains Uneven Worldwide

    Zhao offered a mixed assessment of the global regulatory landscape. He described the United Arab Emirates as the most advanced jurisdiction for crypto regulation and said the United States is making rapid progress on rules governing stablecoins and cryptocurrency exchanges.

    He characterized Japan as friendly toward the industry and said Hong Kong is developing quickly as a crypto hub. Singapore, by contrast, was described as relatively conservative. Governments worldwide continue to weigh the potential benefits of blockchain innovation against the need for investor protection.

    Decentralized Exchanges Have Matured

    Zhao also discussed the development of decentralized exchanges, or DEXs. He said the sector has matured substantially over the past eight years, both technologically and in terms of user awareness.

    According to Zhao, the cryptocurrency industry could make an even greater leap forward if regulators around the world adopt more accommodating policies. His assessment reflects confidence in the resilience of the crypto ecosystem despite previous market downturns and continuing legal challenges involving major industry participants.

    What CZ’s Bitcoin Asia 2026 Comments Mean for Crypto

    CZ’s remarks at Bitcoin Asia 2026 point to a cautiously optimistic outlook for the cryptocurrency market. Regulatory uncertainty remains a significant challenge, but the continued strength of crypto’s underlying fundamentals and the potential of RWA tokenization offer a more positive perspective on the sector’s next stage.

    For investors and cryptocurrency users, the central message is that the industry has moved beyond its most severe downturn and is positioning itself for further growth.

    Frequently Asked Questions

    What did CZ say about the crypto winter?

    CZ said the cryptocurrency industry has already overcome its harshest winter and that its fundamentals remain solid, indicating that the sector is entering a recovery phase.

    Which region did CZ consider the most advanced in crypto regulation?

    He identified the United Arab Emirates as the most advanced jurisdiction for crypto regulation. He also highlighted rapid progress in the United States on stablecoin and exchange rules.

    Why is RWA tokenization considered promising?

    RWA tokenization can reduce time and cross-border constraints, connect assets with global investors and improve liquidity for small and mid-sized investments. These benefits make it a significant opportunity for the cryptocurrency and traditional finance sectors.

    Related Reading

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    • Bitcoin’s Worst Phase Is Over, Says Former Credit Suisse Executive: $150K Target by 2027
    • CZ Says Rising X Follower Count Has Been a Consistent Early-Cycle Signal
    • Hyperliquid in Talks With Kraken Parent to Enter U.S. Market, Bloomberg Reports
    • Binance Founder Changpeng Zhao Changes Stance on RWA Tokenization, Sees Growth Ahead
  • How Bitcoin Is Drifting Away From Tech Stocks and Into Gold’s Territory

    How Bitcoin Is Drifting Away From Tech Stocks and Into Gold’s Territory

    Bitcoin’s relationship with traditional markets may be undergoing a significant shift. For much of the past year, Bitcoin traded closely alongside the Nasdaq, reinforcing its image as a technology-linked asset. However, that correlation has weakened sharply.

    Bitcoin’s 90-day correlation with the Nasdaq has fallen from above 60% to 33%, according to recent data from Grayscale.

    Source: Grayscale

    At the same time, Bitcoin’s correlation with gold has moved higher. The relationship is now above 50% after Bitcoin spent much of last year trading relatively independently from the precious metal.

    This does not mean Bitcoin has suddenly become gold. However, markets may be treating the two assets more similarly than before, particularly as investors reassess Bitcoin’s role as a scarce, non-sovereign asset.

    Source: TradingView

    Bitcoin has outperformed gold in recent weeks

    Over the past five weeks, Bitcoin has gained approximately 22.2%, compared with a 13.3% increase for gold.

    Although the two assets may now be moving in a more similar direction, Bitcoin remains the higher-beta version of the trade. If this trend continues, BTC could further establish itself as a scarcity asset without losing the upside potential that attracts investors.

    Changpeng Zhao says Bitcoin could overtake gold

    Speaking at Bitcoin Asia 2026 in Hong Kong, Binance founder Changpeng “CZ” Zhao said Bitcoin could overtake gold during the next bull market.

    “I think Bitcoin will overtake gold pretty soon… In the next bull run, it could happen.”

    The main obstacle is that governments already have decades of infrastructure built around gold, including valuation systems, custody arrangements and reserve-management frameworks.

    Zhao said any transition from gold to Bitcoin would likely happen gradually, even if market prices moved more quickly. Gold remains roughly 10 times larger than Bitcoin by market size, although the gap has narrowed.

    He also said he regularly advises governments to establish cryptocurrency reserves, with Bitcoin making up approximately half of the allocation.

    “Bitcoin will, for sure, become more important than gold.”

    Bitcoin’s role as a reserve asset

    For years, Bitcoin has shifted between being viewed as a technology investment and a store of value. If its correlation with the Nasdaq continues to weaken while its relationship with gold strengthens, that distinction could become less relevant.

    The bigger question may be whether institutions and governments begin treating Bitcoin as a reserve asset in its own right. Gold still holds important advantages, but Bitcoin has several factors supporting its case, including limited supply, portability and a growing institutional investor base.

    • Bitcoin’s 90-day correlation with the Nasdaq has fallen to 33%.
    • Bitcoin has outperformed gold over the past five weeks, rising about 22.2% compared with gold’s 13.3% gain.
    • Binance founder Changpeng “CZ” Zhao expects Bitcoin could eventually overtake gold as a reserve asset.