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ETH $1.9K · Crypto lender CEO sentenced to 15 years for $49M fraud ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #61 · Thursday, August 13, 2026
Market mood  Fear · 29/100  ▲ from 27 yesterday
Bitcoin and Ethereum declined modestly as markets digested sticky inflation data, while institutional adoption and fraud enforcement shaped the regulatory landscape.
 
 

  The Numbers

Bitcoin (BTC)$63,393  -0.7%
-1.6% this week
Ethereum (ETH)$1,875  -1.2%
-1.2% this week
Total crypto market$2.26T  -1.0%
BTC dominance 56.3% · BTC 50% below its all-time high

  The Movers

Top gainers (24h)

BTW Bitway+20.2%
OKB OKB+6.6%
MNT Mantle+6.2%
AVAX Avalanche+4.2%

Top losers (24h)

PEPE Pepe-5.3%
ARB Arbitrum-5.0%
RAIN Rain-4.7%
ENA Ethena-3.9%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin sits between its 50-day ($63.4K) and 200-day ($69.6K) averages — a trend in transition. Over the past 30 days it has traded between $62.8K and $66.5K; today's price sits in the lower third of that range. RSI(14) is 39 — momentum remains weak.

See all nine coins on the daily markets page →

  The Brief

 Crypto lender CEO sentenced to 15 years for $49M fraud

Delio's CEO was convicted of operating a fraudulent lending platform that affected thousands of users. The case demonstrates ongoing enforcement against crypto financial crimes and protections remain uneven. (Decrypt)

 Japan's MUFG tests blockchain settlement for government bonds

A major Japanese bank is piloting on-chain trading for government bonds using blockchain technology. This signals institutional finance exploring crypto infrastructure for traditional asset settlement. (CoinDesk)

 Binance becomes second-largest tokenized stock issuer

Binance's bStocks platform rapidly grew to second place in tokenized equities, signaling major exchanges expanding beyond crypto into regulated asset classes. (Cointelegraph)

 DeFi protocols evolving into centralized onchain finance, says founder

Prominent developer Andre Cronje argues DeFi platforms have sacrificed decentralization and immutability as they matured. The observation highlights tensions between growth and core crypto principles. (Cointelegraph)

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Crypto 101

What's a DAO?

A "decentralized autonomous organization" — a group coordinating through token-based voting and blockchain rules instead of a traditional company structure.

“"Fear & Greed" is a thermometer, not a crystal ball.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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