News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitmine Reduces ETH Purchases as Tom Lee's Firm Focuses on Stock Buybacks
Bitmine's recent ETH acquisition has significantly decreased as the firm reallocates funds to stock buybacks, with Chairman Tom Lee optimistic about crypto's future despite regulatory delays.
Mercation Admin3 min - Crypto
Solana Introduces First Strategy STRC Product via Solstice Finance
Solstice Finance has launched strcUSX on Solana, offering structured exposure to Strategy's preferred stock income and risk without tokenizing the shares.
Mercation Admin3 min - Crypto
Details Emerge on $8 Million Coinsbuy Hack
Coinsbuy lost $8.07 million in a coordinated hack affecting TRON and Ethereum, with significant funds linked to disposable addresses and exchanges.
Mercation Admin1 min - Crypto
Bitcoin ETFs Experience Highest Inflows Since May
Bitcoin ETFs recorded their largest inflows since May, bringing in $854 million last week, while Ethereum ETFs also saw significant gains.
Mercation Admin3 min - Crypto
MARA Reports $1.6 Billion from BTC Sales in First Half of 2023
MARA sold 23,093 BTC for $1.6 billion in the first half of 2023, experiencing a revenue drop and a significant net loss.
Mercation Admin1 min - Crypto
Strategy Offloads $109M in Bitcoin, Boosting Dollar Reserve to $4.6B
Strategy sold $109M in Bitcoin, boosting its dollar reserve to $4.6B and funding a stock buyback.
Mercation Admin2 min - Crypto
Bitcoin ETFs Attract $854 Million in Five Days as Rate Hike Expectations Decline
U.S. spot Bitcoin ETFs attracted $854 million in inflows over five days, significantly boosted by BlackRock's IBIT, as rate hike expectations diminished.
Mercation Admin4 min - Crypto
Strategy Liquidates 1,690 Bitcoins, Generates $653 Million from MSTR Shares
Strategy sold 1,690 bitcoins for $108.6 million and raised $653.1 million through MSTR stock sales, increasing its USD reserves to $4.65 billion.
Mercation Admin2 min - Crypto
Coinsbuy Suffers $8 Million Loss Due to Coordinated Blockchain Attack
Coinsbuy has reported a loss of over $8 million due to a coordinated attack across TRON and Ethereum, with the method of the breach still unclear.
Mercation Admin3 min - Crypto
The BIP-110 Incident Highlights Pure Free-Market Capitalism in Bitcoin
The BIP-110 incident in Bitcoin illustrates the essence of free-market capitalism, showcasing how decentralized decision-making operates without regulatory interference.
Mercation Admin4 min - Crypto
Bitcoin Holds Above $65,000 as Iran-Oman Deal Eases Hormuz Tensions
Bitcoin remains steady above $65,000 as potential negotiations between Iran and Oman to reopen the Strait of Hormuz ease market tensions, positively impacting risk assets.
Mercation Admin5 min - Crypto
Standard Chartered Predicts Chainlink to Reach $200 Amid $4T Tokenization
Standard Chartered projects Chainlink will reach $200 by 2030, driven by a $4 trillion tokenization market, significantly increasing its current value.
Mercation Admin2 min