News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Aster's 10% Surge from Buyback and Burn Initiative Quickly Reverses
Aster's ASTER token surged over 10% after announcing a buyback and burn program but quickly fell back as market conditions turned unfavorable.
Mercation Admin3 min - Crypto
Marex Analysts: Crypto Market Positioning is 'Defensive and Thin' Post-Fed
Crypto market sentiment has turned cautious following the Federal Reserve's stance on interest rates, prompting bearish positioning among traders, according to Marex analysts.
Mercation Admin5 min - Crypto
Perp-DEX Satori Finance Announces Closure
Satori Finance, a decentralized perpetual futures exchange, is shutting down due to poor market conditions and low revenue, despite raising $10 million in 2022.
Mercation Admin1 min - Crypto
Grayscale Sets Price Target for Undervalued AAVE
Grayscale analysts have labeled the AAVE token as undervalued, projecting a price target of $179 within a year, while it currently trades around $75.
Mercation Admin1 min - Crypto
Bitcoin Falls Below $64,000 After Fed Meeting
Bitcoin's price dropped below $64,000 following the Fed's first meeting under Kevin Warsh, as the market reacted to potential interest rate hikes.
Mercation Admin1 min - Crypto
Bitcoin and Ether ETFs Experience $111 Million in Outflows Amid Fed Rate Outlook
Bitcoin and ether ETFs witnessed $111 million in outflows as the Federal Reserve adopted a more hawkish stance on interest rates, signaling a shift in market sentiment.
Mercation Admin1 min - Crypto
XRP Drops 4% Below $1.20 as Rally Stalls Near Resistance
XRP has fallen 4% below $1.20 after strong selling pressure, but buyers stepped in above $1.17 to stabilize the price.
Mercation Admin4 min - Crypto
Cryptocurrency Prices Decline Following Fed's Hawkish Tone Despite Positive Stock News
Cryptocurrencies experienced a downturn as the Fed signaled a hawkish stance on inflation, despite a peace deal with Iran boosting stock markets.
Mercation Admin4 min - Crypto
France to Eliminate Non-Quantum Encryption Amid Bitcoin Security Worries
France will stop certifying non-quantum encryption products by 2027 due to rising concerns about quantum computing threats to Bitcoin and other cryptographic systems.
Mercation Admin2 min - Crypto
Fidelity Enters Stablecoin Reserve Management Market
Fidelity Investments is launching a money market fund for stablecoin reserves, following State Street's similar initiative, as competition heats up in this growing market.
Mercation Admin4 min - Crypto
Bitcoin Dips as Federal Reserve Emphasizes Price Stability under Kevin Warsh
The Federal Reserve maintained interest rates amid global tensions, impacting Bitcoin and other cryptocurrencies as they reacted to the announcement.
Mercation Admin2 min - Crypto
Understanding Hyperliquid: A Leading Decentralized Exchange
Hyperliquid is a leading decentralized exchange focusing on perpetual futures, processing trillions in volume since 2023 and attracting institutional interest.
Mercation Admin7 min