News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
CME Group to Sue CFTC
CME Group is set to sue the CFTC over the approval of perpetual futures on Kalshi, claiming they should be regulated as swaps.
Mercation Admin1 min - Crypto
Bond Market Signals Impending Interest Rate Hikes Affecting Bitcoin
The bond market's recent flattening signals a prolonged high interest rate environment, posing challenges for Bitcoin's near-term bullish prospects.
Mercation Admin5 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 - Stocks
Strategy's STRC Preferred Stock Falls to Record Low
Strategy's STRC preferred stock has dropped to a record low of $89, halting the company's ability to raise funds for bitcoin purchases.
Mercation Admin4 min - Crypto
Kraken Reports Strong Returns for Bitcoin Purchases Below 200-Week Average
Kraken's analysis reveals that buying bitcoin below its 200-week average has historically led to median returns over 100%, presenting a strong opportunity for buyers.
Mercation Admin4 min - News
SpaceX's Surge Could Provide Billions to FTX Creditors
The rise in SpaceX's stock following its IPO may provide significant benefits to creditors of FTX, which had invested in the company before its collapse.
Mercation Admin3 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
Satori Finance, Backed by Coinbase, Will Shut Down Next Month
Satori Finance, a perpetual futures exchange backed by Coinbase, is shutting down due to financial difficulties caused by the ongoing crypto market downturn.
Mercation Admin2 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 - News
Fed Maintains Interest Rates Steady in Kevin Warsh's First Meeting
The Federal Reserve has kept its benchmark interest rate steady while signaling a potential shift towards higher rates in the future under new Chairman Kevin Warsh.
Mercation Admin4 min - News
GLAAD Highlights AI's Threats to LGBTQ Community and Calls for Action
GLAAD's report highlights the detrimental effects of AI on LGBTQ individuals, calling for ethical practices and better representation in AI development.
Mercation Admin3 min