News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Bulls Confront Unprecedented Challenges in 17-Year Journey
Bitcoin's market faces an unprecedented macroeconomic environment, with bond yields affecting its performance as BitMEX announces it will shut down operations.
Mercation Admin4 min - News
Surge in Crypto 'Wrench Attacks' Results in $124M Losses in Six Months
In the first half of 2026, CertiK reported a sharp rise in 'wrench attacks', with losses totaling $124.1 million, marking a 12-fold increase from the previous year.
Mercation Admin3 min - News
Alphabet Reports Negative Free Cash Flow Amid AI Investments
Alphabet's second quarter saw a revenue increase to $119.8 billion but recorded a negative free cash flow of $5.9 billion due to heavy AI investments.
Mercation Admin1 min - Crypto
Bitcoin Stabilizes as Crypto Market Takes a Breather Following July Surge
Bitcoin is currently trading in a tight range of $64,000 to $66,800, having rebounded 13% from its July lows, as the market seeks direction amidst mixed signals.
Mercation Admin6 min - Crypto
AFX Trade on Arbitrum Loses $24M in Hack, Proposes Bounty to Attacker
AFX Trade, a decentralized exchange on Arbitrum, lost $24 million in a hack and has offered the attacker a 30% bounty to return the funds.
Mercation Admin2 min - Crypto
BitMEX Announces Closure
BitMEX will shut down operations on September 23, 2026, urging users to withdraw funds and close positions before then.
Mercation Admin1 min - Crypto
Bitcoin Surpasses $65,000 as Alphabet's AI Investments Boost Chip Stocks
Bitcoin remains strong above $65,000 as Alphabet's earnings report boosts chip stocks amid rising AI investments.
Mercation Admin1 min - News
White House Accuses Moonshot AI of Distilling Fable
The White House has accused Chinese AI startup Moonshot AI of distilling Anthropic's Fable model for its Kimi K3, raising concerns over intellectual property theft.
Mercation Admin3 min - Crypto
BitMEX to Cease Operations on September 23, Stops New Registrations
BitMEX, a leading crypto derivatives platform, will close on September 23, 2026, halting new sign-ups and advising users to withdraw their funds.
Mercation Admin2 min - News
Democrats and Banks Criticize CLARITY Act in U.S. Senate
The CLARITY Act, introduced by Senate Republicans, aims to regulate digital assets but faces criticism from Democrats and banking associations over its provisions.
Mercation Admin1 min - Crypto
BitMEX to Cease Operations by September 23, 2026
BitMEX, the pioneering crypto derivatives exchange, will cease operations on September 23, 2026, urging users to withdraw funds and close positions immediately.
Mercation Admin4 min - News
BNY's Strategy for 24/7 U.S. Treasury Settlements
BNY Mellon is gearing up to enable 24/7 settlement for U.S. Treasuries by 2027, starting with tokenized Treasuries on a private blockchain.
Mercation Admin3 min