News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Base Launches AI Direct Access to On-Chain Operations
Base has launched Base MCP, enabling AI assistants to perform on-chain operations, enhancing user interaction with blockchain technology.
Mercation Admin2 min - Crypto
Traders Shift Focus from Bitcoin to USDT and USDC
Traders are once again gravitating towards the U.S. dollar over Bitcoin, with USDT and USDC stablecoins gaining dominance. This trend aligns with predictions of prolonged high interest rates by the Fed.
Mercation Admin4 min - Crypto
BitMine Increases Reserves to 5.39 Million ETH
BitMine has acquired 111,942 ETH, raising its reserves to 5.39 million ETH and estimating total crypto assets at $12.3 billion.
Mercation Admin1 min - Crypto
$1.3 Billion of BlackRock's IBIT Shares Traded in Dark Pool
A $1.3 billion block of BlackRock’s IBIT shares was traded in a dark pool on Tuesday, marking a significant event amid ongoing outflows from Bitcoin ETFs.
Mercation Admin3 min - Crypto
SoFi Launches Bank-Issued Stablecoin for 15 Million Users
SoFi has introduced SoFiUSD, a dollar-backed stablecoin, to nearly 15 million users, enabling them to trade and earn interest via its banking app.
Mercation Admin3 min - Crypto
Bitcoin Holds Steady at $75,000 Support Amid Bear Market Signals
Bitcoin maintains its position above $75,000 after failing to surpass $78,000, while broader crypto weakness is evident, with some tokens like hyperliquid and monero showing resilience.
Mercation Admin4 min - Crypto
Bankless Co-Founder Sells ETH, Questions Its Overvaluation
David Hoffman, co-founder of Bankless, has sold some of his Ethereum holdings and expressed doubts about its future valuation, while maintaining a positive view of the network itself.
Mercation Admin2 min - Crypto
HTX Denies U.K. Sanction Claims, States It Declined Ruble Stablecoin Listing
HTX has rejected U.K. claims of aiding Russia by denying a listing for the A7A5 ruble stablecoin, emphasizing its compliance with regulations.
Mercation Admin3 min - Stocks
IREN Shares Surge Following $1.6 Billion Dell Agreement to Enhance AI Cloud Services
IREN's stock experienced a 4% increase following a $1.6 billion deal with Dell to enhance its AI cloud services, projecting annual revenue to reach $4.4 billion by 2027.
Mercation Admin3 min - Crypto
OpenZeppelin Warns of DeFi Vulnerabilities Due to AI Advances
OpenZeppelin's Manuel Aráoz warns that the DeFi sector is unsafe due to AI advancements, urging users to close their positions in major protocols.
Mercation Admin1 min - News
"Bots Manage Bots": a16z Co-Founder Marks the Arrival of AGI
Marc Andreessen of a16z claims AI has reached AGI, revolutionizing fields like medicine and programming, as discussed on The Joe Rogan Experience.
Mercation Admin2 min - Crypto
Bitcoin Falls to 13th Largest Asset as Investors Shift to AI and Precious Metals
Bitcoin has dropped to the 13th largest asset as investors shift their focus to AI and precious metals, reflecting a challenging year for the cryptocurrency.
Mercation Admin3 min