News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
eToro's $231M Acquisition of TradeZero Leads to 10% Stock Decline
eToro plans to acquire TradeZero for up to $231 million to enhance its U.S. presence, yet its stock fell over 10% following the announcement.
Mercation Admin3 min - Crypto
Morning Minute: Saylor's Strategy Continues Bitcoin Sales
Michael Saylor's Strategy sold Bitcoin for the third consecutive week, bolstering its cash reserves while navigating losses from its earlier investments.
Mercation Admin4 min - Macro
The Impact of Rising Treasury Yields on Bitcoin and Stocks
Rising U.S. Treasury yields are creating competition for capital among assets like bitcoin and stocks, as historical trends suggest potential market adjustments ahead.
Mercation Admin4 min - Crypto
Bitcoin Remains Below $65,000 as Hormuz Deal Hopes Fade, XRP Nears $1
Bitcoin remains below $65,000 as optimism fades over a Hormuz trade deal, while XRP nears the critical $1 mark amid increased market pressure.
Mercation Admin5 min - Crypto
Software Stocks Diverge from Bitcoin: Implications for Crypto
Software stocks are diverging from Bitcoin as the IGV ETF reaches a one-year high. This shift raises questions about the future relationship between crypto and tech equities.
Mercation Admin3 min - Crypto
Coinbase Launches Derivatives Trading for UK Investors with Up to 50x Leverage
Coinbase is introducing derivatives trading in the UK for professional investors, offering over 170 contracts with leverage up to 50x.
Mercation Admin2 min - Crypto
XRP and Ether Lead Declines in Crypto Market as Bitcoin Eyes $70,000
Bitcoin has struggled to maintain its position above $65,000, with XRP and Ether leading the decline as traders eye a potential move to $70,000.
Mercation Admin4 min - Crypto
Bitwise's Ryan Rasmussen Highlights Underestimation of Circle Amid Stablecoin Growth
Ryan Rasmussen from Bitwise believes Circle is undervalued as the stablecoin market is set to grow significantly, projecting a rise to between $3 trillion and $5 trillion.
Mercation Admin3 min - Crypto
Bitcoin's Recent Rally Stalls: What's Next for Prices?
Bitcoin's recent price surge to $65,000 quickly faded, with bearish indicators persisting as markets anticipate further declines rather than a rebound.
Mercation Admin4 min - Crypto
XRP Struggles as Crypto Market Seeks Direction
XRP is underperforming in the cryptocurrency market, struggling amid uncertainties regarding the Clarity Act, which could impact its regulatory status.
Mercation Admin4 min - Crypto
Bitmine Reduces ETH Purchases as Tom Lee's Firm Focuses on Stock Buybacks
Bitmine's recent ETH acquisition has significantly decreased as the firm reallocates funds to stock buybacks, with Chairman Tom Lee optimistic about crypto's future despite regulatory delays.
Mercation Admin3 min - Crypto
Bitcoin ETFs Attract $854 Million in Five Days as Rate Hike Expectations Decline
U.S. spot Bitcoin ETFs attracted $854 million in inflows over five days, significantly boosted by BlackRock's IBIT, as rate hike expectations diminished.
Mercation Admin4 min