News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BitMine Increases Reserves to 5.39 Million ETH
BitMine has acquired 111,942 ETH, raising its reserves to 5.39 million ETH and estimating total crypto assets at $12.3 billion.
Mercation Admin1 min - Crypto
$1.3 Billion of BlackRock's IBIT Shares Traded in Dark Pool
A $1.3 billion block of BlackRock’s IBIT shares was traded in a dark pool on Tuesday, marking a significant event amid ongoing outflows from Bitcoin ETFs.
Mercation Admin3 min - Crypto
SoFi Launches Bank-Issued Stablecoin for 15 Million Users
SoFi has introduced SoFiUSD, a dollar-backed stablecoin, to nearly 15 million users, enabling them to trade and earn interest via its banking app.
Mercation Admin3 min - Crypto
Bitcoin Holds Steady at $75,000 Support Amid Bear Market Signals
Bitcoin maintains its position above $75,000 after failing to surpass $78,000, while broader crypto weakness is evident, with some tokens like hyperliquid and monero showing resilience.
Mercation Admin4 min - Crypto
Bankless Co-Founder Sells ETH, Questions Its Overvaluation
David Hoffman, co-founder of Bankless, has sold some of his Ethereum holdings and expressed doubts about its future valuation, while maintaining a positive view of the network itself.
Mercation Admin2 min - Crypto
HTX Denies U.K. Sanction Claims, States It Declined Ruble Stablecoin Listing
HTX has rejected U.K. claims of aiding Russia by denying a listing for the A7A5 ruble stablecoin, emphasizing its compliance with regulations.
Mercation Admin3 min - Crypto
OpenZeppelin Warns of DeFi Vulnerabilities Due to AI Advances
OpenZeppelin's Manuel Aráoz warns that the DeFi sector is unsafe due to AI advancements, urging users to close their positions in major protocols.
Mercation Admin1 min - Crypto
Bitcoin Falls to 13th Largest Asset as Investors Shift to AI and Precious Metals
Bitcoin has dropped to the 13th largest asset as investors shift their focus to AI and precious metals, reflecting a challenging year for the cryptocurrency.
Mercation Admin3 min - Crypto
OpenZeppelin CEO Declares DeFi Unsafe Due to AI Hacking Threats
OpenZeppelin's CEO warns that AI advancements have rendered DeFi platforms highly vulnerable, amid a significant drop in total value locked and increasing hacking incidents.
Mercation Admin3 min - Crypto
Massive $1.29 Billion Sale of BlackRock's Bitcoin ETF in Dark Pool
A staggering $1.29 billion worth of BlackRock's bitcoin ETF shares were sold in a single dark pool trade, signaling a significant trend of withdrawals from U.S.-listed ETFs.
Mercation Admin3 min - Crypto
XRP Holds Steady at $1.32
XRP prices have stabilized at $1.32 after failing to break through $1.36, with key resistance at $1.36-$1.38 and support at $1.30.
Mercation Admin1 min - Crypto
Bitcoin's Uptrend Against Gold Ends Amid ETF Shifts
Bitcoin's three-month uptrend against gold has ended as ETF flows shift towards gold and precious metals, indicating a potential preference for gold among investors.
Mercation Admin3 min