News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Another Inactive Bitcoin Wallet Surfaces After 12 Years
A Bitcoin wallet dormant for 12.5 years has moved its funds, potentially realizing a gain of $1.73 million, highlighting a trend of reactivated old wallets.
Mercation Admin2 min - Crypto
Bitcoin's Recent Rally Stalls: What's Next for Prices?
Bitcoin's recent price surge to $65,000 quickly faded, with bearish indicators persisting as markets anticipate further declines rather than a rebound.
Mercation Admin4 min - Crypto
Web3's Financial Freedom: A Luxury for the Affluent
Web3 may offer access to financial systems, but true inclusion depends on users' ability to navigate them safely, highlighting a need for better product design.
Mercation Admin6 min - Crypto
XRP Struggles as Crypto Market Seeks Direction
XRP is underperforming in the cryptocurrency market, struggling amid uncertainties regarding the Clarity Act, which could impact its regulatory status.
Mercation Admin4 min - Crypto
Bitmine Acquires $14 Million in Ethereum as Cash Reserves Dwindle
Bitmine has acquired $14 million in Ethereum while its cash reserves have significantly declined to $104 million, down from $482 million a month ago.
Mercation Admin2 min - Crypto
Bitmine Reduces ETH Purchases as Tom Lee's Firm Focuses on Stock Buybacks
Bitmine's recent ETH acquisition has significantly decreased as the firm reallocates funds to stock buybacks, with Chairman Tom Lee optimistic about crypto's future despite regulatory delays.
Mercation Admin3 min - Crypto
Solana Introduces First Strategy STRC Product via Solstice Finance
Solstice Finance has launched strcUSX on Solana, offering structured exposure to Strategy's preferred stock income and risk without tokenizing the shares.
Mercation Admin3 min - Crypto
Details Emerge on $8 Million Coinsbuy Hack
Coinsbuy lost $8.07 million in a coordinated hack affecting TRON and Ethereum, with significant funds linked to disposable addresses and exchanges.
Mercation Admin1 min - Crypto
Bitcoin ETFs Experience Highest Inflows Since May
Bitcoin ETFs recorded their largest inflows since May, bringing in $854 million last week, while Ethereum ETFs also saw significant gains.
Mercation Admin3 min - Crypto
MARA Reports $1.6 Billion from BTC Sales in First Half of 2023
MARA sold 23,093 BTC for $1.6 billion in the first half of 2023, experiencing a revenue drop and a significant net loss.
Mercation Admin1 min - Crypto
Strategy Offloads $109M in Bitcoin, Boosting Dollar Reserve to $4.6B
Strategy sold $109M in Bitcoin, boosting its dollar reserve to $4.6B and funding a stock buyback.
Mercation Admin2 min - Crypto
Bitcoin ETFs Attract $854 Million in Five Days as Rate Hike Expectations Decline
U.S. spot Bitcoin ETFs attracted $854 million in inflows over five days, significantly boosted by BlackRock's IBIT, as rate hike expectations diminished.
Mercation Admin4 min