News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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 - Crypto
XRP Holds Steady Around $1.32 Amidst Failed Breakout and Tightening Trading Range
XRP is currently trading around $1.32 after failing to break out past $1.36, remaining within a narrowing range that traders are closely monitoring.
Mercation Admin3 min - Crypto
Bitcoin Approaches $75,000 as Traders Monitor 'Golden Cross', ZEC Drops 9%
Bitcoin is nearing $75,000 while traders are observing a potential 'golden cross' on the charts, amidst a notable decline in Zcash.
Mercation Admin4 min - Crypto
$8.2 Million in Bitcoin Permanently Lost—What Happened?
Over $8 million in Bitcoin was permanently destroyed as five addresses sent 107 BTC to a burn address, leading to widespread speculation and theories on social media.
Mercation Admin2 min - Crypto
UK Imposes Sanctions on Huobi and Ruble Stablecoin Issuer Targeting Russian Crypto Networks
The UK has sanctioned 18 entities, including crypto exchange Huobi, for aiding Russia's financial operations amid the Ukraine conflict.
Mercation Admin3 min - Crypto
Bermuda Aims to Become the First Fully Onchain Economy
Bermuda is set to become the first fully onchain economy, partnering with leading crypto firms to create new financial opportunities for its residents.
Mercation Admin5 min