News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Recovers from $58,000 as Derivatives Indicate Further Challenges Ahead
Bitcoin has rebounded from its recent low of $58,000, reaching $59,770, while ether continues to struggle and over $1 billion in futures positions were liquidated.
Mercation Admin5 min - News
ForkLog Lab Introduces New Standard for AI Communication
ForkLog Lab has launched a new machine-readable standard for AI communication, facilitating interactions between AI systems and public content.
Mercation Admin3 min - Crypto
Sharplink Receives Ether for the First Time in Eight Months
Sharplink received 5,000 ETH worth approximately $7.85 million, marking its first ether inflow in eight months, amid a significant paper loss.
Mercation Admin3 min - Crypto
SBI Holdings to Acquire Bitbank for $289 Million
SBI Holdings has announced its plan to acquire Bitbank for approximately $289 million, with the deal expected to finalize in October, pending regulatory approval.
Mercation Admin3 min - Crypto
Grant Cardone Plans to Continue Bitcoin Purchases Using Real Estate Income
Grant Cardone plans to utilize cash flows from real estate investments to keep purchasing bitcoin, viewing recent price declines as a buying opportunity.
Mercation Admin4 min - Crypto
Strategy's $13 Billion Bitcoin Loss Exceeds Market Caps of Hundreds of Tokens
Strategy's unrealized bitcoin losses exceed $13 billion, overshadowing the market caps of many prominent tokens and raising concerns about risk concentration in crypto.
Mercation Admin4 min - Crypto
Ether, XRP, and Dogecoin Lead Crypto Selloff Amid Tech Stock Decline
Ether, XRP, and dogecoin have seen significant declines as tech stocks drop, with bitcoin stabilizing around $59,888 in a crucial support zone.
Mercation Admin4 min - Crypto
Bitcoin Approaches $60,000 Again as Asian Markets Decline
Bitcoin has rebounded towards $60,000 despite a downturn in Asian equity markets, with significant declines in South Korea and Japan.
Mercation Admin1 min - News
Polymarket to Compensate Users Following $3 Million Theft
Polymarket has announced plans to refund users after hackers exploited a third-party vendor, resulting in a theft of approximately $3 million.
Mercation Admin2 min - Crypto
SBI Holdings to Acquire Bitbank for $289 Million, Aiming for Leadership in Japan's Crypto Market
SBI Holdings is acquiring Bitbank for approximately $289 million, aiming to create Japan's largest cryptocurrency exchange with $6.8 billion in assets.
Mercation Admin2 min - Crypto
CoinEx Refutes Claims of Facilitating Sanctioned Iranian Crypto Transactions
CoinEx has denied allegations of facilitating over $3.8 billion in crypto transactions linked to sanctioned Iranian platforms, asserting its neutrality and lack of official ties to Iranian entities.
Mercation Admin2 min - Stocks
STRC Stock Shows Increasing Correlation with Bitcoin
STRC, the perpetual preferred stock of Strategy Inc., is now closely tracking Bitcoin's price movements, diminishing its effectiveness as a stable income source.
Mercation Admin4 min