Aug 15: OKX Burns Billons to an ATH While Coinbase Makes Massive Deribit Buy

Coinbase Acquires Deribit — $2.9B cash-and-stock deal for the world’s #1 crypto options exchange by volume and open interest.

US Treasury Secretary Flip-Flop on Bitcoin — Scott Bessent walks back comments, says department is exploring “budget-neutral” ways to buy BTC after initially claiming the US wouldn’t buy.

Axie Infinity Returns to Ethereum — Ronin chain pivoting to an ETH L2 to become Ethereum’s gaming chain.

Tether Mints $1B USDT — Stablecoins flood Binance with $1.82B inflow in hours, signaling potential buying activity.

OKX Burns $26B in OKB Tokens — Supply cut from 300M to 21M, sparking debate over token float and market perception.

Aug 15: OKX Burns Billons to an ATH While Coinbase Makes Massive Deribit Buy

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