News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Morning Minute: Cryptocurrency Plummets, New Lows Ahead
Cryptocurrency markets face a significant downturn, with major coins like Bitcoin and Ethereum dropping 6-10%. Arthur Hayes predicts a market peak is near.
Mercation Admin6 min - Crypto
Bitcoin Dips to $62,000 as Saylor Shares Insights
Bitcoin has dropped to $62,000, with Michael Saylor commenting on the market dynamics as Arthur Hayes exits certain positions amid rising volatility.
Mercation Admin2 min - Crypto
US Treasury Advances Bitcoin Reserve Plans, Says Bessent
U.S. Treasury Secretary Scott Bessent reported that the establishment of a strategic Bitcoin reserve is underway, emphasizing the need for the CLARITY Act to maintain U.S. competitiveness in digital assets.
Mercation Admin2 min - Crypto
Hyperliquid's Market Share in Derivatives Reaches 6.63%
Hyperliquid's market share in perpetual futures trading reached a record 6.63% in May, driven by the launch of HIP-3, allowing third-party market creation.
Mercation Admin1 min - Crypto
Standard Chartered Identifies Three 'Ifs' That Impact Bitcoin's Market Position
Standard Chartered's Geoff Kendrick outlines three key factors influencing Bitcoin's market position amid recent declines, suggesting potential for a market low soon.
Mercation Admin4 min - Crypto
Coinbase Introduces Pre-IPO Perpetual Futures with SpaceX
Coinbase has launched a new product allowing traders to speculate on pre-IPO companies, starting with SpaceX, potentially making Elon Musk the world's first trillionaire.
Mercation Admin2 min - Crypto
Bitcoin Holds Steady Above $60,000 Amid Derivatives Warning
Bitcoin remains steady above $60,000, recovering from a dip to $61,300, while derivatives markets signal a bearish outlook with significant liquidation activity.
Mercation Admin5 min - Crypto
Tom Lee's BitMine Plans $300 Million Preferred Stock Offering for ETH Investments
BitMine is planning to raise up to $300 million through a preferred stock sale to bolster its ETH treasury strategy, with a focus on staking and related investments.
Mercation Admin3 min - Crypto
Bitcoin Metric Indicates Bear Market Bottom Has Been Reached Again
A key bitcoin metric has indicated that over half of the circulating supply is now at unrealized losses, suggesting a potential bear market bottom.
Mercation Admin3 min - Crypto
Bitcoin Drops Below $62,000
Bitcoin's price has dropped below $62,000, triggering significant liquidations in the market and raising concerns about ongoing outflows from Bitcoin ETFs.
Mercation Admin1 min - Crypto
Polymarket Rules Out May Sale, Affirms June Sale After Strategy's Bitcoin Transaction
Polymarket has declared the May bitcoin sale prediction as No and the June one as Yes, following a vote by UMA token holders regarding Strategy's recent bitcoin sale.
Mercation Admin3 min - Crypto
Apyx's apxUSD Stablecoin Experiences Temporary Depeg
Apyx's apxUSD stablecoin briefly fell to 93 cents, attributed to market volatility, which the protocol claims is a normal feature of its operations.
Mercation Admin4 min