News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin and Gold Correlation Hits Six-Year High
The correlation between Bitcoin and gold has reached its highest level since 2020, indicating a shift in investor behavior amidst macroeconomic concerns.
Mercation Admin1 min - Crypto
Strategy CEO Defends Timing of Bitcoin Sales and Purchases
Strategy's CEO, Phong Le, defends the company's recent Bitcoin sales and purchases, emphasizing the strategic financial decisions behind them.
Mercation Admin4 min - Crypto
Strategy CEO Calls Bitcoin Sale at $60,000 a "Smart Move"
Strategy sold 6,916 BTC at around $60,000, then bought back at $80,318. CEO Fong Le sees this as a strategic financial decision, emphasizing continued purchases.
Mercation Admin1 min - Crypto
Traders Identify Bearish Pattern in Bitcoin Chart
Traders have spotted a bearish "Bart Simpson" pattern in Bitcoin's chart, prompting analysis on potential price corrections and market dynamics.
Mercation Admin2 min - Crypto
Remixpoint Transitions to Bitcoin-Only Strategy After Altcoin Sale
Remixpoint has transitioned to a Bitcoin-only treasury strategy after selling its altcoin holdings for ¥878.8 million, realizing a profit of ¥117.8 million.
Mercation Admin2 min - Crypto
Goldman Sachs and BofA Lead 21 Banks in New Dollar Stablecoin Initiative
A consortium of 21 banks, featuring Goldman Sachs and BofA, is set to launch a U.S. dollar stablecoin by mid-2027, expanding the competition in the market.
Mercation Admin2 min - Crypto
Strategy CEO Stands by Decision to Sell Bitcoin at $60K Before Higher Purchase
Strategy's CEO Phong Le defends the decision to sell Bitcoin at $60K and later repurchase at a higher price, citing financial strategy over market speculation.
Mercation Admin2 min - Crypto
Bitcoin's Potential for a Flash Crash: Understanding the 'Bart Simpson' Pattern
Bitcoin's recent price movements have stirred discussions of a potential flash crash, particularly relating to the so-called 'Bart Simpson' pattern among traders.
Mercation Admin5 min - Crypto
Crypto Stakeholders Urge SEC for Customized Regulations on New ETPs
Crypto firms and advocates are urging the SEC to create tailored regulations for new exchange-traded products (ETPs), including those related to cryptocurrencies and event contracts.
Mercation Admin3 min - Crypto
Thai Entrepreneurs Sue Tether Over $42 Million USDT Freeze
Two Thai businessmen are suing Tether for freezing $42.4 million in USDT, questioning the company's authority in the matter.
Mercation Admin1 min - Crypto
Remixpoint Sells Altcoins and Focuses on Bitcoin Investment
Japanese firm Remixpoint has sold all its altcoins, focusing solely on Bitcoin, and has reported significant profits from the sale.
Mercation Admin1 min - Crypto
OKX and TradingView Launch $1 Million Trading Competition
OKX and TradingView have launched a trading competition with a prize pool exceeding 1 million USDT, open until September 30.
Mercation Admin2 min