News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Recovers from $58,000 as Derivatives Indicate Further Challenges Ahead
Bitcoin has rebounded from its recent low of $58,000, reaching $59,770, while ether continues to struggle and over $1 billion in futures positions were liquidated.
Mercation Admin5 min - Crypto
Sharplink Receives Ether for the First Time in Eight Months
Sharplink received 5,000 ETH worth approximately $7.85 million, marking its first ether inflow in eight months, amid a significant paper loss.
Mercation Admin3 min - Crypto
SharpLink and BitMine Report on ETH Reserves
SharpLink and BitMine have updated their ETH reserves, with SharpLink receiving 5,000 ETH and BitMine holding over 5.6 million ETH.
Mercation Admin1 min - Crypto
Ether, XRP, and Dogecoin Lead Crypto Selloff Amid Tech Stock Decline
Ether, XRP, and dogecoin have seen significant declines as tech stocks drop, with bitcoin stabilizing around $59,888 in a crucial support zone.
Mercation Admin4 min - Crypto
SBI Holdings to Acquire Bitbank for $289 Million, Aiming for Leadership in Japan's Crypto Market
SBI Holdings is acquiring Bitbank for approximately $289 million, aiming to create Japan's largest cryptocurrency exchange with $6.8 billion in assets.
Mercation Admin2 min - Crypto
Ethereum Network Base, Supported by Coinbase, Recovers from Block Production Disruption
Base, the Ethereum layer-2 network by Coinbase, faced over two hours of downtime due to a block production issue but has since recovered and is advancing with its planned upgrade.
Mercation Admin2 min - Crypto
CoinEx Refutes Claims of Facilitating Sanctioned Iranian Crypto Transactions
CoinEx has denied allegations of facilitating over $3.8 billion in crypto transactions linked to sanctioned Iranian platforms, asserting its neutrality and lack of official ties to Iranian entities.
Mercation Admin2 min - Crypto
Base Blockchain by Coinbase Restarts After Two-Hour Interruptions
Coinbase's Base blockchain has resumed operations after a two-hour outage that affected transaction processing on the network.
Mercation Admin3 min - News
Rebranding of a16z-Backed Crypto Firm to Address AI Copyright Issues
The former Story Protocol is now the DATA Foundation, focusing on AI copyright solutions and developing infrastructure for verifying AI training data.
Mercation Admin4 min - Crypto
Traders Anticipate Further Declines for Bitcoin and Ethereum Following Monthly Losses Exceeding 20%
Traders are predicting further declines for Bitcoin and Ethereum, with expectations of drops to $55,000 and $1,500, respectively, as bearish sentiment grows.
Mercation Admin3 min - News
BlackBerry's Remarkable Resurgence as a Key Player in AI and Robotics
BlackBerry is experiencing a significant revival, transforming from a mobile phone maker to a key software provider for AI and robotics, with shares soaring nearly 23% after strong earnings.
Mercation Admin4 min - Crypto
Uniswap Launches No-Code Token Auction Tool
Uniswap has launched a no-code tool for token auctions, allowing teams to easily set up on-chain sales directly from their browsers.
Mercation Admin1 min