News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Continues Decline, February Low of $60,000 at Risk
Bitcoin's decline continues as it trades at $69,000, with concerns about a potential drop to February's low of $60,000 after Strategy's BTC sale.
Mercation Admin1 min - Crypto
Vitalik Buterin Proposes Crash-Resistant Synthetic Asset Model
Vitalik Buterin introduces a new model for synthetic assets that aims to prevent forced liquidations and enhance stability in DeFi protocols.
Mercation Admin1 min - Crypto
Stellar's CEO Discusses Impact of Clarity Act on Tokenization
Denelle Dixon, CEO of Stellar, highlighted the implications of the Clarity Act on tokenization, stating that while beneficial, the industry can thrive without it.
Mercation Admin3 min - Crypto
Strive Expands Bitcoin Holdings to 19,000 BTC After Recent Acquisition
Strive has boosted its bitcoin holdings to 19,000 BTC after acquiring an additional 2,500 coins for around $185.2 million, despite a dip in prices.
Mercation Admin3 min - Crypto
Bitcoin ETF Outflows Are Not a Concern as Wall Street Doubles Down on Crypto, Analyst States
Bloomberg's Eric Balchunas argues that recent Bitcoin ETF outflows are insignificant and do not reflect a broader trend, as Wall Street continues to invest in crypto.
Mercation Admin3 min - News
Morning Minute: Saylor's First Bitcoin Sale Since 2022
Michael Saylor has sold Bitcoin for the first time since 2022, leading to a drop in Bitcoin's price. This sale raises concerns about future selling and market stability.
Mercation Admin5 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 - News
Florida Sues OpenAI and Sam Altman Over Threats to Children
Florida has filed a lawsuit against OpenAI and Sam Altman, alleging harmful practices of ChatGPT towards minors and seeking penalties and an injunction.
Mercation Admin1 min - Crypto
Tom Lee Views Strategy's Bitcoin Sale as Standard 'Bottom Behavior'
Tom Lee of Bitmine Immersion Technologies stated that the recent bitcoin sale by Strategy reflects typical market bottom behavior rather than serious concerns.
Mercation Admin3 min - Crypto
Symbiotic Unveils New Liquidity Network to Enhance Tokenized Asset Redemptions
Symbiotic has launched Liquid Lane, a liquidity network that aims to facilitate quicker cashouts for tokenized assets, addressing long redemption delays.
Mercation Admin4 min - Crypto
Ripple’s RLUSD Stablecoin Launches in Turkey via Local Platforms
Ripple's RLUSD stablecoin is launching in Turkey through partnerships with BiLira, Bitexen, and Bitlo, aiming to enhance its presence in a major crypto market.
Mercation Admin3 min - Crypto
Inflows to Crypto Treasuries Hit Lowest Level Since October 2024
Crypto treasury inflows dropped to $180.5 million in May, a significant decline from $4 billion in April, signaling a shift in market dynamics.
Mercation Admin1 min