Crypto Market Round Up: August 31 2026
Chang.K·Aug 31, 2026·3 min read$9.71B liquidated in two weeks, X announces crypto trade buttons, Coinbase launches bitcoin mortgages, and BlackRock hits $5B in ETF swaps.
Crypto markets saw the largest two-week liquidation event since 2021, while major players made moves that could reshape how millions interact with digital assets.
↳ $9.71 billion liquidated in 14 days — $6.55 billion in shorts, $3.16 billion in longs. The cascade started August 19 when $2.7 billion in shorts were wiped in a single day.
↳ X is adding buy and sell buttons to Cashtags. Former head of product Nikita Bier confirmed trade buttons are coming to timeline posts, building on the feature that generated $1 billion in volume within 48 hours of launch.
↳ Coinbase and Better Mortgage launched bitcoin-backed mortgages after a $260 million waitlist. Borrowers pledge Bitcoin at 250% collateral with no margin calls, backed by Fannie Mae conforming loans.
↳ BlackRock hit $5 billion in tax-deferred Bitcoin-to-ETF swaps through IBIT, cutting the in-kind minimum 96% from $25 million to $1 million.




