News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Metaplanet Acquires Additional $170 Million in Bitcoin, Totaling 43,000 BTC
Metaplanet has expanded its Bitcoin treasury to 43,000 BTC after purchasing an additional $170 million in Bitcoin, solidifying its position as a leading holder.
Mercation Admin2 min - Crypto
Bitcoin Surpasses $60,000 Amidst Macroeconomic Constraints
Bitcoin has rebounded above $60,000 following comments on U.S. inflation, despite ongoing macroeconomic pressures and ETF outflows.
Mercation Admin2 min - Crypto
XRP Gains Ground as Whale Activity Increases Amid Cautious Retail Traders
XRP has shown signs of accumulation as whale activity increases, with new wallet creations reaching a three-month high. However, it must surpass $1.10 for a more convincing recovery.
Mercation Admin4 min - Crypto
Bitcoin's Long-Term Holders Shift Back to Accumulation
Bitcoin's long-term holders have transitioned back to accumulating the cryptocurrency, indicating a resurgence in demand, according to Glassnode.
Mercation Admin4 min - Crypto
Bitcoin Surpasses $60,000 After Warsh's Inflation Remarks Boost Market
Bitcoin has risen above $60,000 for the first time in over a week, spurred by comments from Fed Chair Kevin Warsh about easing inflation risks. Solana also saw significant gains.
Mercation Admin4 min - Crypto
Robinhood Unveils AI-Driven Ethereum Layer-2 Network and Tokenized Stocks
Robinhood has launched its AI-native Ethereum layer-2 network, Robinhood Chain, enhancing its offerings with tokenized stocks and expanding its services internationally.
Mercation Admin2 min - Crypto
American Bitcoin Corp. Set for Reverse Stock Split Amid Price Drop
American Bitcoin Corp. will implement a 1-for-15 reverse stock split on July 2 to boost its share price amid a significant drop in stock value.
Mercation Admin2 min - Crypto
Bitcoin Surges to $60K After Hitting 21-Month Low as Economic Data Eases Rate Concerns
Bitcoin rebounded to $60,000 after hitting a 21-month low, buoyed by soft U.S. economic data and Fed Chair comments that eased rate hike concerns.
Mercation Admin2 min - Crypto
Jefferies cautions against investing in Circle as Open USD sparks competition concerns
Jefferies warns that competition from the new Open USD consortium could threaten Circle's growth and market share, advising against buying the dip in Circle shares.
Mercation Admin5 min - Crypto
Cantor Fitzgerald indicates bitcoin bear market may be nearing an end
Cantor Fitzgerald reports that the bitcoin bear market may be nearing its conclusion, suggesting a possible bottom around October.
Mercation Admin4 min - Stocks
Forward Industries Stock Surges Following $38 Million SOL Acquisition
Forward Industries' shares surged nearly 17% after the firm disclosed acquiring over $38 million in Solana during its fiscal Q3, now holding 7.55 million SOL.
Mercation Admin2 min - Crypto
Bitcoin Approaches $60,000 as Fed Chair Warsh Comments on Inflation Risks
Bitcoin's value nears $60,000 following comments from Fed Chair Kevin Warsh, who noted a decrease in inflation risks and emphasized the Fed's commitment to its 2% target.
Mercation Admin4 min