News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
SpaceX Loses $600 Billion in Three Days—Almost Half of Bitcoin's Market Cap
SpaceX's market cap dropped by $600 billion in three days, nearly half of Bitcoin's value, amid concerns over AI investments and a new bond offering.
Mercation Admin2 min - Crypto
Bitcoin's Price Shows Limited Downside Potential, Contrarian Indicator Indicates
A contrarian indicator suggests Bitcoin's price has little room to fall, possibly nearing a bottom, despite impending bearish signals from moving averages.
Mercation Admin4 min - Crypto
Crypto Lobbyists Urge U.S. Congress to Maintain Tax Bill
Crypto lobbyists are urging Congress to pass the Tax Clarity for Mining and Staking Act, opposing amendments that could limit tax deferrals.
Mercation Admin3 min - Crypto
Market Indicator Suggests 'Altcoin Season,' Driven by Bitcoin's Decline
A market indicator signals 'altcoin season,' but it's driven by bitcoin's decline rather than altcoin gains.
Mercation Admin1 min - Crypto
XRP Approaches $1.10 Support as Traders Monitor Three-Week Range
XRP is testing critical support around $1.10 as it trades within a narrow range, with institutional demand remaining strong despite declining retail sentiment.
Mercation Admin3 min - Crypto
SpaceX's $600 Billion Decline Impacts Bitcoin's Market Value
SpaceX's $600 billion market loss significantly impacted Bitcoin's market cap, which fell less than 1% as the tech giant announced its first bond sale.
Mercation Admin4 min - Crypto
Bitcoin Approaches $63,000 Amid Broader Tech Selloff
Bitcoin is trending downwards towards $63,000 as a tech selloff affects risk assets, with a 3% decline this week.
Mercation Admin4 min - Crypto
Benchmark Analyst Compares Bitcoin Giant Strategy’s STRC to Terra Luna
Benchmark-StoneX's Mark Palmer asserts that STRC, despite its volatility, is not comparable to the failed Terra stablecoin, highlighting key differences.
Mercation Admin3 min - News
Trump Accelerates Quantum Computing Initiatives Amid Bitcoin Risks
Trump has signed executive orders to boost quantum computing and transition to post-quantum cryptography, aiming for a new quantum computer by 2028.
Mercation Admin3 min - News
Crypto Sector Calls on Congress to Approve Tax Legislation—Will It Happen This Year?
The crypto industry is urging Congress to pass a tax bill exempting mining and staking rewards from income tax, but its future remains uncertain as midterms approach.
Mercation Admin2 min - Crypto
JaredFromSubway MEV Bot Considers Legal Action After $7.5 Million Attack
The trading bot Jaredfromsubway faces potential legal action after a $7.5 million loss due to exploitative transactions that compromised its logic.
Mercation Admin2 min - News
ICE and OKX Collaborate to Introduce Tokenized Securities to Wall Street
Intercontinental Exchange and OKX are joining forces to create a joint venture focused on tokenized securities, pending regulatory approval.
Mercation Admin2 min