News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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 - Crypto
Lido Initiates Transfer of $16.5 Billion in Staked Ether to Reduce Validator Count
Lido initiates a major upgrade, moving $16.5 billion in staked ether to streamline operations and reduce the validator count by one-third.
Mercation Admin4 min - Crypto
Nvidia Launches AI Security Coalition with 36 Other Firms
Nvidia and 36 tech firms have established the Open Secure AI Alliance to create open-source AI security tools, excluding major players like OpenAI and Google.
Mercation Admin4 min - Crypto
Bitmine Expands Ether Holdings as Tom Lee Highlights Positive Market Trends
Bitmine has acquired nearly 10,000 ETH, increasing its holdings as Tom Lee indicates a bullish trend in the crypto market due to ether's strong performance against bitcoin.
Mercation Admin4 min - Crypto
Circle Acquires Nearly 1,000 Blockchain Patents from IBM
Circle has acquired nearly 1,000 blockchain patents from IBM, making it the largest patent holder in the U.S. The portfolio includes various sectors such as banking and cloud security.
Mercation Admin3 min - Crypto
Coinbase CEO Critiques Shift from Blockchain to AI in Crypto Projects
Brian Armstrong, CEO of Coinbase, criticized the trend of crypto projects shifting focus from blockchain to AI, emphasizing the importance of cryptocurrencies.
Mercation Admin2 min - Crypto
Bitcoin Options Traders Scale Back Hedging Ahead of Fed Meeting
Bitcoin options traders have notably reduced their hedging strategies ahead of the Federal Reserve meeting, with the put/call ratio dropping significantly.
Mercation Admin4 min - Crypto
Bitcoin ETFs Experience $465 Million Outflow, BlackRock's IBIT at the Forefront
Bitcoin ETFs saw a significant $465 million outflow over two days, primarily influenced by BlackRock's IBIT, reversing a strong inflow trend.
Mercation Admin3 min - Crypto
Rising U.S. Debt Drives Investors Toward Bitcoin and Gold as Safe Havens
As U.S. debt reaches unprecedented levels, investors are flocking to bitcoin and gold as alternative safe havens against currency devaluation.
Mercation Admin5 min - Crypto
Bitcoin ETFs Experience Third Consecutive Week of Inflows Despite Late Losses
Bitcoin ETFs have recorded their third consecutive week of inflows, despite experiencing $465 million in losses towards the end of last week.
Mercation Admin3 min - Crypto
Coinbase's Brian Armstrong Critiques Crypto Startups Embracing AI
Coinbase CEO Brian Armstrong has voiced his concerns over crypto startups that rebrand as AI companies, advocating for the integration of blockchain technology instead.
Mercation Admin4 min - Crypto
Crypto Market Stabilizes Amid U.S.-Iran Tensions and Oil Price Drop
The cryptocurrency market stabilizes as U.S.-Iran tensions ease, leading to a significant drop in oil prices and gains in risk assets like Bitcoin and DeFi tokens.
Mercation Admin6 min