News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Surpasses $61,000 After Liquidations Reach $1.6 Billion
Bitcoin has recovered to over $61,000 after initially falling to $59,227, following a selloff linked to a strong U.S. jobs report that led to $1.6 billion in liquidations.
Mercation Admin4 min - News
Hackers Target Dashlane Users, Trezor Chip Vulnerability Found, and Other Cybersecurity News
This week in cybersecurity: Dashlane users hacked, Trezor chip vulnerability found, and Chinese hackers expand their targets to Europe.
Mercation Admin5 min - Crypto
Cardano's Social Engagement Rises as ADA Plummets Below 20 Cents
Cardano's ADA token has dropped to $0.16, its lowest since December 2020, while social media engagement surges amid concerns over the ecosystem's viability.
Mercation Admin3 min - Crypto
Zcash Vulnerability Highlights Privacy Risks, Experts Warn
The recent revelation of a serious vulnerability in Zcash has raised concerns about its privacy features, leading to a significant drop in its market price.
Mercation Admin3 min - News
Strategy Shares Hit Four-Month Low as Bitcoin Drops Below $60K
Strategy's stock has declined to a four-month low as Bitcoin falls below $60,000, raising concerns over its preferred shares and overall market strategy.
Mercation Admin3 min - Crypto
Bitcoin Purists Unfazed by $200 Billion Price Drop
Bitcoin maximalists remain optimistic despite a significant price drop, attributing the decline to capital shifting towards AI rather than a loss of faith in the cryptocurrency.
Mercation Admin6 min - Crypto
Zcash's Market Cap Takes a Hit—Is Recovery Possible for ZEC?
Zcash's market cap has been significantly affected by a vulnerability that raised concerns over counterfeit minting, leading to a 40% drop in value.
Mercation Admin3 min - News
Seven New Crypto Tax Bills Introduced in Congress
House Republicans have introduced seven new crypto tax bills, including exemptions for staking rewards and a $10 de minimis for gas fees, but lacking broader exemptions for everyday crypto transactions.
Mercation Admin3 min - Crypto
Securitize, backed by BlackRock, advances toward NYSE public listing
Securitize, the tokenization firm supported by BlackRock, has received SEC approval for its merger with a SPAC, moving closer to a public listing on the NYSE.
Mercation Admin3 min - Crypto
Bitcoin Drops Below $60K Amid Strong Jobs Data and Zcash Vulnerability
Bitcoin fell below $60K for the first time in 2024, driven by strong jobs data and Zcash's security issues, with major coins also seeing significant declines.
Mercation Admin2 min - Crypto
Understanding Strategy (MSTR): The Bitcoin Treasury Firm
Strategy, formerly MicroStrategy, has shifted to a Bitcoin treasury model, emphasizing BTC as its primary reserve asset under Michael Saylor's leadership.
Mercation Admin9 min - Crypto
Dogecoin and Shiba Inu Drop 9% as Bitcoin Approaches $60,000
Dogecoin and Shiba Inu each experienced a 9% decline as Bitcoin nears the $60,000 mark, exacerbated by heavy trading volumes and liquidations.
Mercation Admin3 min