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Bitcoin’s one-year holding return has fallen to around -49%, but that is too early to read as a market bottom signal, according to a U.Today analysis. BTC’s 365-day holding return metric currently stands at about 0.514, meaning the price remains near 51% of its level a year ago. U.Today said dips below one, the breakeven level, also appeared during the 2014-2015, 2018-2019 and 2022 bear markets, but in some cases the metric stayed depressed for months or fell further. The outlet said the current reading is less a direct buy signal than a sign the market remains in a prolonged weak phase. It added BTC is currently trading at about $62,900, below both its 100-day moving average of around $66,500 and its 200-day moving average of about $71,800. The daily relative strength index, or RSI, has also dropped to about 42.5, though it has not entered oversold territory.

Bithumb announced it will temporarily suspend deposits and withdrawals of Polygon Ecosystem Token (POL) at 9:00 a.m. UTC on Aug. 18 to support a network upgrade.

An anonymous whale has expanded a leveraged Bitcoin short on Hyperliquid to about $125.37 million, the largest BTC short position currently visible on-chain, according to Lookonchain. The address, which begins with 0xff84, now holds a 2,000 BTC short position at 40x leverage, with an average entry price of $63,581.50 and a liquidation price of $63,528.92. Unrealized profit stood at about $1.79 million, Lookonchain said.

Just 0.2% of European businesses selling goods and services online accept cryptocurrency as a payment method, Cointelegraph reported, citing a European Central Bank report. According to the ECB’s survey of 8,205 companies across 21 eurozone countries, in-store acceptance of cryptocurrency and stablecoin payments also remained under 1% in both 2024 and 2026. By contrast, mobile payment acceptance rose sharply to 68% from 36% over the same period, while cash and physical card acceptance stood at 92% and 88%, respectively, in 2026. The ECB used BTC, ETH and USDT as examples of cryptocurrencies in the survey.

Bitcoin’s hash rate has fallen 17% from its all-time high as mining companies shift their businesses toward AI infrastructure, crypto analyst Maartunn said. According to Blockchain.com data, the BTC hash rate recently stood at 841 EH/s.

Singapore suffered $11.8 million in losses from a scam in which criminals posed as recruiters at cryptocurrency-related companies, infiltrated corporate systems and stole crypto, CNA reported. In one case, a victim who received a fake job offer through LinkedIn downloaded malware while taking a coding test on a company-issued device. The scammers then stole the victim’s login session data, bypassed multi-factor authentication, and accessed the company’s code repository and internal servers. They later obtained credentials that allowed them to bypass transfer limits and approval procedures, enabling the theft of cryptocurrency. Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA) urged the tech and crypto industries to verify recruiters’ identities, protect internal credentials, and strengthen multi-factor authentication.

Dunamu, the operator of South Korean crypto exchange Upbit, posted 111.5 billion won ($80.6 million) in operating profit for the first half, down 79.7% from a year earlier, News1 reported. Revenue fell 49.1% on year to 408.1 billion won ($294.7 million) in the first half.

According to CoinGlass data, a move above $64,154 in BTC would trigger the liquidation of about $880.28 million in short positions across major centralized exchanges. A drop below $62,345 would liquidate about $393.96 million in long positions.

An anonymous whale address starting with 19pFLW bought another 300 BTC about five hours ago, worth $19.03 million, according to Lookonchain. The address now holds a total of 1,120 BTC worth $70.43 million, with an average purchase price of $69,294.

South Korean crypto exchange Bithumb announced second-quarter revenue of 86.3 billion won and operating profit of 12.1 billion won. Revenue fell 35.8% from 134.4 billion won a year earlier, while operating profit dropped 44.0% from 21.5 billion won. Net results swung to a loss of 21.8 billion won from a profit of 22.0 billion won. Bithumb attributed the decline to a prolonged hawkish U.S. rate stance and a shift in investor interest at home and abroad toward the stock market, including AI and semiconductor shares.

Coinone to delist SEND on Sept. 14 South Korean exchange Coinone announced it will delist Suilend (SEND) at 6:00 a.m. UTC on Sept. 14.

FG Nexus sells all ETH holdings about a year after launch of treasury strategy FG Nexus (FGNX), an Ethereum accumulation company (DAT), has sold all of its Ethereum holdings, according to a recent filing with the U.S. SEC. The Block reported the sale came about a year after FG Nexus announced its Ethereum treasury strategy. At one point, the company held more than 50,000 ETH.

More than 4.6 billion won ($3.3 million) in forced liquidations occurred on South Korean exchange Upbit in the first half of this year, as domestic exchanges expand crypto lending businesses amid weaker fee income from sluggish trading, the Seoul Economic Daily reported. The report said there were 326 forced liquidations in total, or an average of 54 a month. The number rose to 78 in June from 30 in May, more than doubling, while the liquidation amount increased 78.3% to 972 million won ($700,000) from 545.16 million won ($393,000). The increase also appears to reflect Upbit’s sharp expansion in April of the user scope for its coin lending service, according to the report.

On-chain analyst Darkfost said Bitcoin’s ADX, or average directional index, has fallen to its lowest level in two years and indicated a clear price direction could emerge soon.

BTC has failed to rebound even after the release of U.S. consumer and producer price data, which CryptoQuant contributor XWIN Japan attributed to weaker spot buying, thin liquidity and excessive leveraged positions. XWIN Japan added, if positive macroeconomic data cannot lift prices under these conditions, leveraged long positions could face liquidation.

LG CNS is developing a platform that supports the issuance, trading and distribution of stablecoins, Digital Asset reported. According to the company’s half-year report released on Aug. 14, LG CNS has designated blockchain as one of its main R&D areas and is developing platforms and underlying technologies for stablecoin issuance, trading and distribution. In the blockchain segment, the company is also developing a "Digital Trust solution" and listed a stablecoin-based issuance, trading and distribution platform as a key project. It is also pursuing technologies needed for CBDC and stablecoin transactions.

South Korean crypto exchanges Upbit and Bithumb announced they will delist Storj (STORJ), ThunderCore (TT) and JasmyCoin (JASMY) at 6:00 a.m. UTC on Sept. 14, saying the reasons for their trading warning designations had not been resolved. South Korean exchange Coinone also announced an extension of STORJ's delisting watchlist designation.

BTC fell below $63K on Binance.

A market analysis by crypto analyst Murphy said BTC bought last year is now mostly underwater at current prices, and a decline in those holdings, excluding wallet transfers, suggests stop-loss selling is taking place. In a post on X, Murphy said BTC bought in 2025 has fallen 41.5% from the December 2024 peak, leaving 4.77 million BTC. Murphy added that in past bear-market bottoms, BTC bought near the previous bull-market peak declined 62% in 2018 and 51% in 2022. Applying that pattern mechanically, Murphy said the market could form a bottom when the decline reaches around 50% to 60%, versus about 41% now. Murphy also said the pace of selling has slowed noticeably since February, the remaining holdings have shown limited movement, and additional selling pressure could be limited when factoring in BTC held by ETFs and Strategy.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 49.99% long, 50.01% short - Binance: 48.71% long, 51.29% short - OKX: 48.4% long, 51.6% short - Bybit: 48.87% long, 51.13% short

Former Cyworld Z CEO Kim Ho-gwang said he will ask financial authorities and other relevant agencies to investigate after receiving a tip that materials were being circulated to induce purchases of unlisted cryptocurrency RYSEN using the Cyworld brand, Digital Asset reported. Kim also disclosed a complaint document titled 'Request for an investigation into deceptive investment inducement involving RYSEN and Sigma Chain Cyworld use' on the same day. Kim raised concerns about RYSEN’s operating structure, arguing that the token runs on the Sigma Chain mainnet and that authorities need to determine whether its actual wallet operations make it subject to virtual asset service provider, or VASP, reporting requirements.

South Korean lawmaker Park Soo-young called for the withdrawal of a plan to tax virtual asset gains, saying it amounted to pressuring investors to put money into domestic stocks or face a heavy tax burden, Digital Asset reported. On his YouTube channel "Park Soo-young's Economy TV" on Aug. 13, Park said he wanted authorities to immediately scrap what he described as a punitive tax plan targeting 13 million digital asset users. He said abolishing the financial investment income tax in the name of supporting the domestic stock market while imposing punitive taxes only on digital assets was effectively a threat to investors who chose not to invest in local equities, and added that such a policy would not revive the domestic stock market but would instead accelerate the outflow of national wealth to overseas markets.

Bithumb announced it will temporarily suspend ALLO deposits and withdrawals at 10:00 a.m. UTC on Aug. 18 to support the Allora network upgrade.

JPMorgan ended its business relationship with Polymarket last year over regulatory concerns, but it has maintained ties while seeking a role as an underwriter for the company's IPO, the Financial Times reported.

U.S. spot Ethereum ETFs recorded about $5.9 million in net inflows on Aug. 13, marking a second straight day of net inflows, although the pace slowed from the previous day, according to Farside Investors. - BlackRock ETHA: -$600,000 - Grayscale Mini ETH: +$6.5 million