News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bernstein Predicts Bitcoin Could Reach $150K Despite Retail Investor Shift
Bernstein analysts believe Bitcoin's current decline is a sign of institutional stability, maintaining a $150K price target for the cryptocurrency by year-end.
Mercation Admin2 min - News
Sam Bankman-Fried Seeks Pardon from President Trump
Sam Bankman-Fried has formally requested a presidential pardon from Donald Trump while serving a 25-year sentence for fraud.
Mercation Admin2 min - Crypto
JPMorgan: Cash Reserves Crucial for Strategy's Investor Confidence
JPMorgan analysts suggest that boosting cash reserves is vital for Strategy to regain investor confidence following a recent Bitcoin sale that impacted stock performance.
Mercation Admin2 min - Crypto
Understanding Zcash (ZEC): The Privacy Coin Utilizing Zero-Knowledge Proofs
Zcash is a privacy-focused cryptocurrency that utilizes zk-SNARK technology for secure transactions, allowing users to choose between transparent and shielded options.
Mercation Admin8 min - Crypto
Zcash Gains $2.5 Billion as Upgrade Proposal Aims to Resolve Supply Issues
Zcash has regained $2.5 billion in market value after founder Zooko Wilcox proposed the 'Ironwood' upgrade to bolster confidence in its supply.
Mercation Admin2 min - Crypto
BitMine Acquires $214 Million in Ethereum During Market Dip
BitMine has acquired 126,971 ETH, valued at approximately $214 million, amid a broader crypto selloff, which Chairman Tom Lee describes as superficial.
Mercation Admin2 min - Crypto
10xResearch Attributes Bitcoin's Decline to Rising Inflation, Not Strategy
10x Research claims that bitcoin's recent decline is primarily due to inflation-related ETF sell-offs rather than Michael Saylor's Strategy actions.
Mercation Admin4 min - Crypto
Strategy Acquires Bitcoin, Boosts Cash Reserves After Major Stock Decline
Strategy has acquired 1,550 Bitcoin for $101 million, increasing its total holdings to 845,256 BTC and restoring its cash reserves to $1 billion.
Mercation Admin2 min - Crypto
Bitcoin Surges to $63K, Liquidating $540M in Shorts, Highest in 7 Weeks
Bitcoin's recent surge to $63,800 led to the liquidation of $540 million in short positions, the highest since April, though experts warn the trend may not be sustainable.
Mercation Admin3 min - Crypto
Bitcoin Recovers After Plummeting Below $60,000
Bitcoin has bounced back to $63.5k after dipping below $60k, while ZEC surged 45% following a new proposal. Congress is set to discuss seven crypto tax bills this week.
Mercation Admin8 min - Crypto
Strategy Acquires 1,550 Bitcoin, Its First Purchase After Selling $2.5 Million in BTC
Strategy has acquired 1,550 bitcoin for approximately $101 million, boosting its reserves to 845,256 BTC after raising $181 million through stock sales.
Mercation Admin2 min - Crypto
Bitcoin Falls Below $63,000 Amid Strategy's $100 Million BTC Acquisition
Bitcoin has dipped below $63,000 as Strategy's capital challenges intensify amid its recent $100 million BTC acquisition.
Mercation Admin1 min