News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Traders Shift Focus from Bitcoin to USDT and USDC
Traders are once again gravitating towards the U.S. dollar over Bitcoin, with USDT and USDC stablecoins gaining dominance. This trend aligns with predictions of prolonged high interest rates by the Fed.
Mercation Admin4 min - Crypto
$1.3 Billion of BlackRock's IBIT Shares Traded in Dark Pool
A $1.3 billion block of BlackRock’s IBIT shares was traded in a dark pool on Tuesday, marking a significant event amid ongoing outflows from Bitcoin ETFs.
Mercation Admin3 min - Crypto
Bitcoin Holds Steady at $75,000 Support Amid Bear Market Signals
Bitcoin maintains its position above $75,000 after failing to surpass $78,000, while broader crypto weakness is evident, with some tokens like hyperliquid and monero showing resilience.
Mercation Admin4 min - Crypto
OpenZeppelin Warns of DeFi Vulnerabilities Due to AI Advances
OpenZeppelin's Manuel Aráoz warns that the DeFi sector is unsafe due to AI advancements, urging users to close their positions in major protocols.
Mercation Admin1 min - Crypto
Bitcoin Falls to 13th Largest Asset as Investors Shift to AI and Precious Metals
Bitcoin has dropped to the 13th largest asset as investors shift their focus to AI and precious metals, reflecting a challenging year for the cryptocurrency.
Mercation Admin3 min - Crypto
Massive $1.29 Billion Sale of BlackRock's Bitcoin ETF in Dark Pool
A staggering $1.29 billion worth of BlackRock's bitcoin ETF shares were sold in a single dark pool trade, signaling a significant trend of withdrawals from U.S.-listed ETFs.
Mercation Admin3 min - Crypto
XRP Holds Steady at $1.32
XRP prices have stabilized at $1.32 after failing to break through $1.36, with key resistance at $1.36-$1.38 and support at $1.30.
Mercation Admin1 min - Crypto
Bitcoin's Uptrend Against Gold Ends Amid ETF Shifts
Bitcoin's three-month uptrend against gold has ended as ETF flows shift towards gold and precious metals, indicating a potential preference for gold among investors.
Mercation Admin3 min - Crypto
XRP Holds Steady Around $1.32 Amidst Failed Breakout and Tightening Trading Range
XRP is currently trading around $1.32 after failing to break out past $1.36, remaining within a narrowing range that traders are closely monitoring.
Mercation Admin3 min - Crypto
Bitcoin Approaches $75,000 as Traders Monitor 'Golden Cross', ZEC Drops 9%
Bitcoin is nearing $75,000 while traders are observing a potential 'golden cross' on the charts, amidst a notable decline in Zcash.
Mercation Admin4 min - Crypto
$8.2 Million in Bitcoin Permanently Lost—What Happened?
Over $8 million in Bitcoin was permanently destroyed as five addresses sent 107 BTC to a burn address, leading to widespread speculation and theories on social media.
Mercation Admin2 min - News
MiniCPM5-1B: A Compact AI Model for Local Use on Smartphones
OpenBMB's MiniCPM5-1B is a compact AI model designed for local deployment on smartphones, achieving impressive benchmark scores while supporting tool calls without cloud reliance.
Mercation Admin5 min