Crypto Markets & On-Chain Ecosystem Developments

According to ChainCatcher, the Financial Accounting Standards Board (FASB) issued proposed accounting guidance on August 18 to clarify how the definition of cash equivalents applies to stablecoins and other specific digital assets. The update aims to promote consistent application of the definition

Shinhan Asset Management signed a memorandum of understanding with the Solana Foundation, Etherfuse and Orca to test the issuance and distribution of a Korean won-denominated tokenized investment fund. The South Korean asset manager, which oversees roughly 133.6 trillion won ($96.6 billion), said th

Shinhan Asset Management signed a four-party memorandum of understanding with Solana Foundation, Etherfuse and Orca to test issuance and distribution of a Korean won-denominated tokenized investment fund, according to the South Korean asset manager. The partners will conduct a proof-of-concept

According to Whale Alert, Binance transferred $400 million in USDT to Tether Treasury today (August 21).

BitPay integrated XRP into its self-custody wallet, enabling users in the U.S. and supported regions to buy, sell, swap, send, receive and spend the asset while retaining control of private keys. The integration expands XRP's accessibility beyond traditional exchanges into a payments-focused

According to Coinglass data, over $1.505 billion in positions were liquidated across crypto derivatives markets in the past 24 hours, with short positions accounting for $1.213 billion and long positions for $292 million. Bitcoin short liquidations dominated at $742 million, while BTC longs

BitPay recently added XRP to its self-custody wallet, allowing users in supported regions to buy, sell, swap, send, receive and spend XRP while maintaining control of their private keys. XRP is trading at $1.38 with 24-hour trading volume of $13.61 billion and a market capitalization of

According to OKX, HYPE broke through $77 USDT today (August 21), reaching new highs and trading at $76.8 with a 24-hour gain of 7.36%.

According to Odaily, Solana perpetual contract trading platform GMTrade announced a proposal to acquire Flash Trade and airdrop GT points to FAF token holders and liquidity providers. The exact snapshot date for the airdrop has not been determined. GMTrade stated the acquisition represents a

According to Hyperliquid Policy Center, a new research report titled "Perpetual Futures as Complements to Dated Futures" found that perpetual contracts extend market risk management tools and enhance price discovery without cannibalizing traditional futures markets. The study analyzed Bitcoin and on

According to BitcoinTreasuries data, as Bitcoin surged above $77,000 on August 21, Michael Saylor's Strategy (MSTR) stock jumped over 8% in pre-market trade. The company's holdings of 840,447 BTC now carry roughly $1.36 billion in unrealized gains at the $77,000 price level. Bitcoin gained over 6% i

According to BlockBeats, Predict.fun launched on August 21 a prediction market for the Honor of Kings KPL Summer Split Stage 3 Group S matchup between AG Super Play and Talent Gaming (TTG), featuring a best-of-five format. The match is currently underway, and users can trade predictions on the

On August 21, Gate announced industry-first access to Japanese stock trading, enabling USDT-denominated trading of approximately 300 Tokyo Stock Exchange listings without requiring a Japanese brokerage account. Simultaneously, the platform's

According to ChainCatcher, BitMart announced it is developing a potential restructuring plan as an alternative to full closure. The plan may include phased resumption of operations and distributions to creditors, pending further legal, financial, operational, and regulatory assessments. BitMart has

According to CNBC, Bitcoin soared over 20% in the past week, reaching $76,665 on Friday morning and marking its highest level in months. The rally began Wednesday after the U.S. Treasury announced increased government debt buybacks, triggering a broad riskier-asset rally. The cryptocurrency's

From 12:30 to 12:45 UTC on August 21, 2026, ETH fluctuated between 2,373.28 and 2,395.84 USDT, rising 0.82% over 15 minutes, with an amplitude of 0.95%. ETH is currently trading at $2,386.25, up 4.66% over the past 24 hours. The previous 4-hour candlestick closed at $2,444.78, up 3.07%, indicating that the price has pulled back from its high. The order-book bid-to-ask depth ratio reached 27.09, showing that bids are overwhelmingly dominant, but order-book depth is extremely thin, so liquidity co

According to BounceBit announcement on August 20, the project's mainnet halted after attackers transferred approximately 286.5 million BB tokens through an Evmos protocol-layer authorization vulnerability.

From 12:30 to 12:45 UTC on August 21, 2026, BTC surged rapidly over the 15-minute period, reaching a high of 77,438.4 USDT and ultimately closing above 77,000. Its return for the period was +0.97%, with prices ranging from 76,636.1 to 77,438.4 USDT and an amplitude of 1.05%. Market volatility intensified significantly, as safe-haven sentiment and short covering jointly drove the rapid rebound. The primary driver of this move was the sharp escalation in geopolitical risks. The U.S.-Iran conflict

According to ChainCatcher, Starbridge Capital's automated trading system triggered mass liquidations in London Gold (XAUUSD) derivatives on August 19 evening. The system generated large reverse short positions within 1-3 seconds, followed by a rapid rise in gold prices, resulting in collective

CME CEO Terry Duffy told the CFTC Innovation Advisory Committee that perpetual futures and 24/7 trading are unavoidable trends for traditional finance. According to Duffy, decentralized platforms such as trade.xyz are directly challenging the U.S. market through around-the-clock trading, even