News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Miners Urged to Focus on Infrastructure Rather Than GPUs
Mike Alfred advises bitcoin miners to focus on AI infrastructure rather than GPUs, predicting sustained demand over the next 20-30 years.
Mercation Admin3 min - Crypto
Flash Crash Hits SK Hynix Perpetuals on Hyperliquid
SK Hynix perpetual futures faced a flash crash on Hyperliquid, dropping to $900 before quickly recovering above $1,000 amid broader market instability.
Mercation Admin3 min - Crypto
Stablecoin Market Sees Significant Decline for the First Time in Four Years
The stablecoin market has seen its first significant drop in four years, losing over $10 billion in capitalization, while transaction volumes reach new highs.
Mercation Admin2 min - Crypto
BitMEX and BitMart Face Shutdown Amid Crypto Trading Decline
BitMEX and BitMart are set to shut down as trading volumes in the crypto market hit a two-year low, signaling challenges for smaller exchanges amid tightening regulations.
Mercation Admin6 min - Crypto
CME and CFTC Clash Over Onchain Perpetual Futures
The CFTC's approval of crypto perpetual futures sparks a conflict with the CME, which perceives regulatory risks.
Mercation Admin1 min - Crypto
Bitcoin Bounces Back from Asian Session Lows; Nasdaq Futures Decline
Bitcoin has bounced back from earlier lows in the Asian session, while Nasdaq futures continue to decline amid rising risk aversion in equity markets.
Mercation Admin1 min - Crypto
Bitcoin Drops 2% as South Korea's Kospi Sinks 10%
Bitcoin saw a 2% drop after the U.S. market closed, coinciding with a sharp 10% plunge in South Korea's Kospi index.
Mercation Admin4 min - Crypto
U.S. Senate Delays Crypto Clarity Act as Focus Shifts to Other Legislation
The U.S. Senate has postponed the Digital Asset Market Clarity Act as it shifts focus to other legislative matters, including sanctions against Russia.
Mercation Admin6 min - Crypto
Kalshi and Polymarket Secure Temporary Relief from Minnesota's Prediction Market Ban
Kalshi and Polymarket have received a preliminary injunction against Minnesota's ban on prediction markets, with a judge ruling it likely violates federal law.
Mercation Admin3 min - Crypto
Bitcoin Remains Steady Amid AI Stock Declines; Fed Meeting Ahead
Bitcoin remains stable near $65,000 despite declines in AI stocks, with analysts suggesting the upcoming Fed meeting could influence its trajectory.
Mercation Admin4 min - Crypto
Uphold Reduces Workforce by 17% Amid Shift to Enterprise Focus
Uphold has cut 17% of its global workforce to focus on its growing enterprise business amidst a decline in retail crypto trading activity.
Mercation Admin4 min - Crypto
Bitmine Approaches 5% Control of Ethereum Supply with $11.8 Billion Assets
Bitmine Immersion Technologies has increased its Ethereum holdings to 5.79 million ETH, nearing its goal of controlling 5% of the total supply, with assets totaling $11.8 billion.
Mercation Admin2 min