News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Perp-DEX Satori Finance Announces Closure
Satori Finance, a decentralized perpetual futures exchange, is shutting down due to poor market conditions and low revenue, despite raising $10 million in 2022.
Mercation Admin1 min - Crypto
Bond Market Signals Impending Interest Rate Hikes Affecting Bitcoin
The bond market's recent flattening signals a prolonged high interest rate environment, posing challenges for Bitcoin's near-term bullish prospects.
Mercation Admin5 min - Crypto
Tether to Wind Down Alloy Project and aUSDT Token
Tether has announced the phased closure of its Alloy project and the aUSDT token, citing a shift in user activity and market demand.
Mercation Admin1 min - Crypto
Bitcoin Falls Below $64,000 After Fed Meeting
Bitcoin's price dropped below $64,000 following the Fed's first meeting under Kevin Warsh, as the market reacted to potential interest rate hikes.
Mercation Admin1 min - Crypto
Bitcoin and Ether ETFs Experience $111 Million in Outflows Amid Fed Rate Outlook
Bitcoin and ether ETFs witnessed $111 million in outflows as the Federal Reserve adopted a more hawkish stance on interest rates, signaling a shift in market sentiment.
Mercation Admin1 min - Stocks
Strategy's STRC Preferred Stock Falls to Record Low
Strategy's STRC preferred stock has dropped to a record low of $89, halting the company's ability to raise funds for bitcoin purchases.
Mercation Admin4 min - Crypto
XRP Drops 4% Below $1.20 as Rally Stalls Near Resistance
XRP has fallen 4% below $1.20 after strong selling pressure, but buyers stepped in above $1.17 to stabilize the price.
Mercation Admin4 min - Crypto
Kraken Reports Strong Returns for Bitcoin Purchases Below 200-Week Average
Kraken's analysis reveals that buying bitcoin below its 200-week average has historically led to median returns over 100%, presenting a strong opportunity for buyers.
Mercation Admin4 min - Crypto
Cryptocurrency Prices Decline Following Fed's Hawkish Tone Despite Positive Stock News
Cryptocurrencies experienced a downturn as the Fed signaled a hawkish stance on inflation, despite a peace deal with Iran boosting stock markets.
Mercation Admin4 min - Crypto
Bitwise CIO Predicts Slower, Less Volatile Crypto Bull Market Ahead
Bitwise CIO Matt Hougan predicts that the upcoming crypto bull market will be slower and less volatile as investor focus shifts to stablecoins and tokenization.
Mercation Admin4 min - Crypto
France to Eliminate Non-Quantum Encryption Amid Bitcoin Security Worries
France will stop certifying non-quantum encryption products by 2027 due to rising concerns about quantum computing threats to Bitcoin and other cryptographic systems.
Mercation Admin2 min - Crypto
Fidelity Enters Stablecoin Reserve Management Market
Fidelity Investments is launching a money market fund for stablecoin reserves, following State Street's similar initiative, as competition heats up in this growing market.
Mercation Admin4 min