News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Lookonchain: Trader Earns 261x Profit on ANSEM
A trader made an impressive 261x profit on the meme coin ANSEM, turning a $2,330 investment into over $614,000, according to Lookonchain.
Mercation Admin1 min - Crypto
South Korea's $518 Billion Investment in AI Chips Signals Crypto's Capital Struggles
South Korea's $518 billion investment in AI chips highlights the ongoing capital drain from the cryptocurrency sector as major firms pivot towards AI technology.
Mercation Admin4 min - Crypto
Bitcoin Falls to $59,700 as Iran De-escalation Boosts Stocks but Not Crypto
Bitcoin has dipped to $59,700 amid geopolitical developments, while stocks rise on improved U.S.-Iran relations.
Mercation Admin1 min - Crypto
Record $4 Billion Withdrawn from Bitcoin ETFs in June
In June, U.S. spot bitcoin ETFs experienced a record $4 billion in outflows, marking the largest monthly withdrawal since their inception.
Mercation Admin3 min - News
CZ Aims to Position the U.S. as the 'Crypto Capital'
Changpeng Zhao, founder of Binance, aims to establish the U.S. as the leading center for cryptocurrency, discussing his plans and industry insights in a recent interview.
Mercation Admin4 min - Crypto
Samson Mow Insists Bitcoin Has Reached Its Bottom Amid Analyst Doubts
Samson Mow claims Bitcoin's price has bottomed, citing changes in halving cycles, despite analysts suggesting further declines could be on the horizon.
Mercation Admin4 min - Crypto
Michael Saylor hints at further bitcoin acquisitions despite falling Strategy stock
Michael Saylor revealed that Strategy holds 847,363 bitcoin valued at $50.9 billion, while hinting at future purchases despite the company's falling stock price.
Mercation Admin3 min - Crypto
Weekly Recap: Bitcoin Hits Local Low and Ethereum Foundation Restructures
Bitcoin dipped to $58,000, while the Ethereum Foundation announced a 40% budget cut and restructuring. SpaceX lost $600 billion in market cap over three days.
Mercation Admin4 min - Crypto
Grayscale Urges Strategy to Sell $3 Billion in Bitcoin
Grayscale's Zach Pandl recommends that Strategy sell $3 billion in Bitcoin to meet cash obligations and regain market trust.
Mercation Admin1 min - News
EMURGO Plans to Start SecondFi Refunds in Two Weeks
EMURGO plans to start refunding SecondFi users in two weeks after an exploit affected 374 addresses, leading to significant losses.
Mercation Admin1 min - Crypto
Fidelity Questions Bitcoin's Security Threat After Halvings
Fidelity analysts challenge the notion that Bitcoin's security will weaken due to halving events, emphasizing the importance of various economic factors.
Mercation Admin2 min - Crypto
Bitcoin Dips Under $60,000, Facing Uncommon Consecutive Quarterly Losses
Bitcoin has dipped below $60,000 and is facing consecutive quarterly losses, with ether and major altcoins experiencing steeper declines.
Mercation Admin3 min