News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Ether Dips Below $2,000 as Futures Open Interest Reaches 16 Million ETH
Ether has fallen below $2,000 for the first time since March, while futures open interest reaches a record high of 16 million ETH, indicating aggressive shorting.
Mercation Admin4 min - Crypto
BlackRock's Bitcoin ETF Experiences $528 Million Outflow, Second Largest Ever
BlackRock's iShares Bitcoin Trust saw a significant $528 million outflow, its second-largest ever, amid a broader trend of withdrawals from U.S. spot bitcoin ETFs.
Mercation Admin4 min - Crypto
Fund Manager Cautions Bitcoin May Drop Further Amid $150 Billion Treasury Move
Fund manager Michael Kramer warns Bitcoin's price may decline further due to a $150 billion liquidity drain from upcoming U.S. Treasury operations.
Mercation Admin3 min - Crypto
XRP Falls 4% Below $1.30 as Significant Selling Breaches Key Support
XRP has dropped 4% below $1.30, signaling a significant shift in market sentiment as selling pressure increased and key support was breached.
Mercation Admin3 min - Crypto
Bitcoin Falls Below $73,000 Amid U.S. Strikes on Iran, Triggering $1 Billion in Liquidations
Bitcoin has fallen below $73,000 as U.S. airstrikes on Iran triggered a significant sell-off in cryptocurrencies and nearly $1 billion in liquidations.
Mercation Admin4 min - News
Elon Musk's Potential Bitcoin Control If SpaceX and Tesla Unite
Elon Musk could control over 30,221 Bitcoin if SpaceX and Tesla merge, valued at approximately $2.27 billion, ranking it among the top Bitcoin treasuries.
Mercation Admin2 min - Crypto
Ethereum Traders Shift to Bearish Sentiment as ETFs Decline and ETH Approaches $2,000
Ethereum traders are growing increasingly bearish, predicting a drop to $1,500 as ETF outflows contribute to the cryptocurrency's decline near the $2,000 mark.
Mercation Admin2 min - Crypto
Cash App Expands to Support Stablecoins, Despite Dorsey’s Concerns
Cash App has introduced support for USDC stablecoin transactions across multiple blockchains, enhancing its payment ecosystem previously focused on Bitcoin.
Mercation Admin2 min - Crypto
Elon Musk may reach top 5 in corporate bitcoin holdings with Tesla-SpaceX merger
Elon Musk may soon control a top 5 corporate bitcoin treasury if Tesla and SpaceX merge, potentially holding 30,221 bitcoin valued at $3.3 billion.
Mercation Admin3 min - Crypto
Crypto Long & Short: The GENIUS Act's Impact on Bitcoin's Monetary Premium
The GENIUS Act has shifted Bitcoin's monetary premium by introducing stablecoin regulations, impacting its demand as a digital dollar alternative.
Mercation Admin10 min - Crypto
Kraken Introduces Yield Earning on Bitcoin Through New Vaults
Kraken has launched Bitcoin Vaults, enabling users to earn up to 2.5% APY on their Bitcoin holdings.
Mercation Admin2 min - Crypto
Block Launches Cash App's Stablecoin Feature for 60 Million Users
Block has begun the phased rollout of its stablecoin payment feature on Cash App, currently available to 25% of users, with full access expected soon.
Mercation Admin4 min