News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
BIG3 NFT Owners File Lawsuit Against Ice Cube’s Basketball League for Broken Promises
NFT owners of Ice Cube's BIG3 league have filed a class action lawsuit, claiming unfulfilled promises regarding ownership rights and benefits as the league prepares to go public.
Mercation Admin3 min - Crypto
Wintermute Warns of Temporary Nature of Bitcoin's Recent Price Surge
Wintermute warns that Bitcoin's recent price increase is a temporary relief rally rather than a fundamental market shift, despite nearly 10% gains this week.
Mercation Admin2 min - Crypto
Bernstein Sets Ambitious $150,000 Bitcoin Target
Bernstein analysts maintain a $150,000 Bitcoin target by year-end, citing favorable capital flows and market maturity despite a 54% drop from peak levels.
Mercation Admin3 min - News
SpaceX Receives Positive Ratings from Analysts After IPO
Following SpaceX's IPO, analysts from major brokerages have issued predominantly bullish ratings, highlighting the company's strong market position.
Mercation Admin3 min - Macro
Deutsche Bank Evaluates the Timeline for AI's Economic Impact
Deutsche Bank's Jim Reid discusses the future impact of AI on productivity and economic growth, predicting significant effects will take years to materialize.
Mercation Admin2 min - News
AI Trade Shows Signs of Weakness as Infrastructure Growth Faces Challenges
The AI trade is losing momentum as record earnings and increased competition lead investors to reconsider the sustainability of recent spending in the sector.
Mercation Admin3 min - News
Coinbase Secures UK License for Stocks and Derivatives Alongside Crypto
Coinbase has received regulatory approval in the UK to offer stocks and derivatives, expanding its services beyond cryptocurrency and enhancing its ambition to be an "everything exchange."
Mercation Admin2 min - Crypto
Galaxy Transitions Former Bitcoin Farm to AI Computing
Galaxy Digital has completed the first phase of its Helios campus transformation, leasing 133 MW to CoreWeave for AI computing, with plans for further expansion.
Mercation Admin2 min - Crypto
CryptoQuant Warns of Bitcoin Risk Falling Below $58,000
CryptoQuant analyst TheChessOnChain warns that Bitcoin could fall below $58,000 if historical patterns hold, as the NUPL indicator approaches critical levels.
Mercation Admin2 min - Crypto
U.S. Bitcoin Demand Weakens, Casting Doubt on July Gains
Bitcoin's recent gains in July appear vulnerable due to weak demand in the U.S., raising concerns among analysts regarding its sustainability.
Mercation Admin4 min - Crypto
Bitcoin's Momentum Wavers as Open Interest Declines
Bitcoin has dropped from a recent high as decreasing open interest and weak demand raise concerns about the sustainability of its rally.
Mercation Admin5 min - Crypto
Japanese Interest Rates Challenge Bitcoin's Recent Macro Relief
Bitcoin's recent gains are threatened by rising Japanese bond yields, which have reached a 30-year high, impacting global borrowing costs and risk assets.
Mercation Admin4 min