News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Coinbase's Strategy to Navigate the Crypto Downturn by Reducing Dependence on Trading Fees
Coinbase is shifting its strategy to reduce its dependence on trading fees by expanding into derivatives, payments, and AI, aiming for a more stable revenue model.
Mercation Admin5 min - Crypto
Reality Check for Bitcoin Layer-2s Amid Bear Market
The shutdown of Botanix has raised concerns among Bitcoin developers about the market's demand for programmable BTC versus traditional lending and borrowing options.
Mercation Admin6 min - Crypto
Satori Finance, Backed by Coinbase, Will Shut Down Next Month
Satori Finance, a perpetual futures exchange backed by Coinbase, is shutting down due to financial difficulties caused by the ongoing crypto market downturn.
Mercation Admin2 min - Crypto
Bitcoin Dips as Federal Reserve Emphasizes Price Stability under Kevin Warsh
The Federal Reserve maintained interest rates amid global tensions, impacting Bitcoin and other cryptocurrencies as they reacted to the announcement.
Mercation Admin2 min - News
Illinois Introduces Tax on Bitcoin and Crypto Transactions Amid Criticism
Illinois is set to implement a 0.2% tax on cryptocurrency transactions starting in 2027, which critics have called the "most punitive digital asset tax" in the U.S.
Mercation Admin2 min - Crypto
Understanding Hyperliquid: A Leading Decentralized Exchange
Hyperliquid is a leading decentralized exchange focusing on perpetual futures, processing trillions in volume since 2023 and attracting institutional interest.
Mercation Admin7 min - News
Florida's 'Bitcoin Rodney' Admits Guilt in $1.8 Billion Crypto Fraud Case
Rodney Burton, known as 'Bitcoin Rodney,' has pleaded guilty to his role in a $1.8 billion cryptocurrency fraud scheme, potentially facing five years in prison.
Mercation Admin2 min - Crypto
Benchmark Analyst Optimistic About Coinbase Following Product Launch
Benchmark-StoneX maintains a bullish price target of $270 for Coinbase, anticipating a significant 60% increase as the company expands beyond crypto trading.
Mercation Admin2 min - Crypto
Mexican Billionaire Allocates 70% of His Portfolio to Bitcoin, Preferring It Over Real Estate
Ricardo Salinas Pliego, a Mexican billionaire, invests 70% of his portfolio in bitcoin, favoring it over real estate based on its potential to outperform traditional assets.
Mercation Admin5 min - Crypto
Analysts Highlight Reasons for Bitcoin Consolidation
Analysts from QCP Capital discuss the factors behind Bitcoin's consolidation below $66,000, highlighting potential sell-offs and market stability.
Mercation Admin1 min - Crypto
CoinDesk 20 performance update: Bitcoin Cash (BCH) declines 3.1%, dragging index down
Bitcoin Cash (BCH) fell by 3.1%, contributing to a decline in the CoinDesk 20 Index, which is down 1.5%. Cardano (ADA) also saw a decrease of 2.8%.
Mercation Admin2 min - Crypto
Hyperliquid Increases Open Interest to $10 Billion
Hyperliquid's open interest has exceeded $10 billion, making it a leading platform for perpetual futures trading, driven by new markets for traditional assets.
Mercation Admin1 min