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Crypto Market Round Up: August 31 2026

Chang.K·Aug 31, 2026·3 min read
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$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.

Weekly crypto market roundup card showing four headlines: $9.71 billion in crypto liquidations over two weeks, X adding crypto trading buttons to posts, Coinbase and Better launching bitcoin-backed mortgages, and BlackRock reaching $5 billion in bitcoin-to-ETF swaps.
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