News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
XRP Price Declines Despite Positive Signals
XRP's price continues to decline, dropping below key support levels, despite positive market signals and reduced exchange balances.
Mercation Admin3 min - Crypto
Ethereum Set to Outshine Bitcoin as Prices Shift: Standard Chartered
Standard Chartered's Geoff Kendrick believes Ethereum is set to outperform Bitcoin following significant market changes, with a price target of $4,000 by year-end.
Mercation Admin2 min - Crypto
Bitcoin Expected to Experience a 'Choppy Summer' as Investors Shift to AI Stocks, Says K33
K33 Research anticipates a challenging summer for Bitcoin as investor capital shifts towards AI stocks, causing significant ETF outflows.
Mercation Admin4 min - Crypto
Strive Bolsters Bitcoin Holdings with $4.2 Billion Initiative as Strategy Sells
Strive increases its Bitcoin holdings to 19,000 and plans a $4.2 billion issuance program, receiving a "Buy" rating from Benchmark-StoneX.
Mercation Admin3 min - Crypto
Bitcoin Traders Turn Bearish as BTC Hits Lowest Level in Months
Bitcoin traders have shifted to a bearish outlook, anticipating a price drop to $55,000 as BTC hits its lowest level in months.
Mercation Admin2 min - Crypto
Mt. Gox Transfers $739 Million in Bitcoin as Repayment Deadline Approaches
Mt. Gox transferred over $739 million in Bitcoin as it prepares for creditor repayments, despite ongoing market pressures affecting Bitcoin's price.
Mercation Admin2 min - Crypto
NEAR and Worldcoin Experience Double-Digit Gains Amid $714M Liquidation
Despite Bitcoin's drop below $70,000, NEAR and Worldcoin have achieved significant gains, highlighting a divergence in market trends amid $714 million in liquidations.
Mercation Admin3 min - Crypto
Warning Signs Emerge in Bitcoin Derivatives as Price Drops Below $70,000
Bitcoin's price has dropped below $70,000, indicating potential market instability as open interest rises to record levels and funding rates remain high amidst weak demand.
Mercation Admin3 min - Crypto
Bitcoin's Decline Attributed More to AI Trends Than Sales Strategy
Bitcoin has dropped below $70,000 for the first time in two months, with analysts suggesting that AI market trends are significantly influencing its price decline.
Mercation Admin4 min - Crypto
Record $3.4 Billion in Bitcoin ETF Outflows Amid AI Stock Surge
U.S. spot bitcoin ETFs have seen record outflows of $3.45 billion over 11 sessions, coinciding with a rise in AI stocks, as institutional demand shows signs of weakening.
Mercation Admin3 min - Crypto
Bitcoin Drops to $70,000 Amid Stock Market Pause and Strategy's BTC Sale
Bitcoin has dropped to below $71,000, its lowest point in weeks, influenced by Strategy's recent sale and a pause in stock market activity.
Mercation Admin4 min - Crypto
Compass Point Advises Selling Coinbase Amidst Derivatives Competition
Compass Point analysts recommend selling Coinbase, predicting challenges due to fierce competition in the derivatives market and potential revenue cannibalization.
Mercation Admin2 min