News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
New York Life Enters Tokenization with On-Chain High-Yield Bond Fund via Centrifuge
New York Life Investment Management is launching its first tokenized high-yield bond fund in collaboration with Centrifuge, marking a significant move into blockchain finance.
Mercation Admin3 min - Crypto
Institutional Demand Declines, Creating $4.4 Billion Bitcoin Supply Overhang
A significant supply overhang of $4.4 billion in Bitcoin emerges as institutional demand declines sharply, raising concerns about future price recovery.
Mercation Admin4 min - Crypto
Bitcoin Approaches 2024 Lows as Options Traders Seek Downside Protection
Bitcoin and Ether are nearing critical support levels as traders seek downside protection amid market volatility, while some tokens like XLM and LIT show resilience.
Mercation Admin5 min - Crypto
Strategy Faces Eleventh Consecutive Monthly Loss Amid Bitcoin Decline
Strategy (MSTR) is set to record its eleventh consecutive month of losses, with a 41% drop in June, as it continues to lag behind bitcoin.
Mercation Admin3 min - Crypto
Where is the Perpetual DEX Market Headed? Insights from AFX Team
The AFX team discusses the evolving landscape of perpetual DEXs, highlighting market trends, infrastructure advancements, and the role of AI in trading.
Mercation Admin5 min - Crypto
Bitcoin's Correlation with USD/JPY Falls to -0.90, Challenging Carry Trade Theory
Bitcoin's correlation with the USD/JPY exchange rate has reached -0.90, challenging the traditional carry trade theory that associates yen strength with risk aversion in crypto markets.
Mercation Admin4 min - Crypto
BlackRock's IBIT Sees $300 Million Drop Amidst Falling Bitcoin Demand
BlackRock's IBIT experienced a $300 million outflow, contributing to a total loss of $231 million for U.S. spot bitcoin ETFs, as demand for bitcoin wanes.
Mercation Admin1 min - Crypto
XRP Maintains $1 Support Amid Increased Network Activity and Reduced Leverage
XRP maintains its crucial $1 support level while network activity surges and leverage clears, setting the stage for potential price movements.
Mercation Admin4 min - Crypto
Bitcoin Sales Plan Puts Pressure on Ether, Solana, and Dogecoin
The cryptocurrency market faces downward pressure as major assets like Ether, Solana, and Dogecoin decline, influenced by a strong dollar and a potential bitcoin sales plan from Strategy.
Mercation Admin4 min - Crypto
Tether's Premium in India Reaches 7% to 10% Amid Supply Issues
Tether's USDT stablecoin is currently trading at a premium of 7% to 10% in India due to supply-demand imbalances, according to leading exchanges.
Mercation Admin5 min - Crypto
Bitcoin Struggles Below $60,000 as Yen Reaches 40-Year Low Against Dollar
Bitcoin struggles to maintain its value below $60,000 as the Japanese yen hits a 40-year low against the U.S. dollar, affecting market volatility.
Mercation Admin4 min - Stocks
Strategy Ends Nine-Day Decline as Bitcoin Firm Unveils Strong Capital Plan
Strategy shares ended a nine-day decline following the introduction of a new capital management framework, boosting investor confidence.
Mercation Admin2 min