News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Circle Internet Shares Drop Following Morgan Stanley Downgrade
Circle Internet's stock falls after a downgrade by Morgan Stanley, which cut its price target and expressed concerns about USDC's growth and rising competition.
Mercation Admin3 min - Crypto
Bernstein Warns of Further Decline in Crypto Markets if Clarity Act Fails
Bernstein warns that a failure to pass the Clarity Act could lead to a downturn in crypto markets, while expecting regulators to speed up rulemaking efforts.
Mercation Admin4 min - Crypto
Fortune Warns of Risks from Circle and IBM Deal
Circle's acquisition of IBM's blockchain patents may heighten competitive pressures in the stablecoin market, warns Fortune's Jeff John Roberts.
Mercation Admin2 min - Crypto
BlackRock Introduces New Blockchain-Based Money Market Funds
BlackRock has launched two new blockchain-based money market funds, BSTBL and BRSRV, aiming to enhance its tokenized cash platform and qualify as reserve assets under the GENIUS Act.
Mercation Admin4 min - Crypto
Coldcard Bitcoin Hack Could Lead to $114 Million in Losses
The Coldcard Bitcoin hack has escalated to potential losses nearing $114 million as attackers exploit a firmware flaw, raising concerns over self-custody security.
Mercation Admin4 min - Crypto
Strategy Sells $105 Million in Bitcoin for STRC Buyback
Strategy has sold $105 million in Bitcoin to fund dividends and stock buybacks, while BitMine continues to increase its Ethereum holdings.
Mercation Admin2 min - Crypto
Bitmine Expands Ether Holdings and Stock Buyback Efforts
Bitmine Immersion has increased its ether holdings and stock buyback, reflecting confidence in crypto fundamentals, according to Chairman Tom Lee.
Mercation Admin3 min - Crypto
Strategy Sells $105 Million in Bitcoin, Buys Back $81.2 Million in STRC
Strategy recently sold $105 million in bitcoin and repurchased $81.2 million in STRC shares, while also decreasing its bitcoin holdings significantly.
Mercation Admin2 min - Crypto
Bitget to Withdraw from Japan, Ending All Operations by Year-End
Bitget will cease operations in Japan and close all positions by December 31, following new regulations from the Financial Services Agency.
Mercation Admin3 min - Crypto
ZeroStack Warns of Operational Viability Risks
ZeroStack has expressed serious concerns about its operational viability amidst significant financial losses and a steep decline in the value of its digital assets.
Mercation Admin2 min - Crypto
Solo Bitcoin Miner Earns $200,000 Amid Coldcard Wallet Concerns
A solo Bitcoin miner recently earned $200,000, highlighting individual success amid broader market concerns following a Coldcard wallet exploit.
Mercation Admin4 min - Crypto
Bitcoin and Ether Drop Amid Ongoing Coldcard Wallet Exploit
Bitcoin and ether prices drop as the Coldcard wallet hack raises concerns over self-custody in cryptocurrency, continuing into its fifth day.
Mercation Admin5 min