Crypto slump, AI boom overshadow CZ’s bullish pitch at Hong Kong’s Bitcoin Asia

SCMP TechAugust 27, 2026en

Anxiety over the booming AI trade and bitcoin’s uncertain future is overshadowing this year’s Bitcoin Asia conference in Hong Kong, as a lingering crypto slump dampens enthusiasm despite a star appearance by Binance founder Zhao Changpeng. Zhao, known in the industry as “CZ”, struck a bullish tone during his highly anticipated appearance on Thursday. Speaking to a large crowd, the 48-year-old billionaire entrepreneur drew applause and cheers by declaring that bitcoin “will for sure become more...

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