News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Strategy Repurchases $1.5 Billion of Its Own Bonds
Strategy has repurchased $1.5 billion of its convertible bonds, reducing total debt to $6.7 billion and increasing Bitcoin yield per share.
Mercation Admin1 min - Crypto
Crypto Fund Outflows Surge to $1.47 Billion
Cryptocurrency funds saw outflows of $1.47 billion from May 18 to 22, marking a significant decline for the second week in a row, according to CoinShares.
Mercation Admin1 min - Crypto
Bitmine Executes Its Largest ETH Acquisition This Year Amidst Tom Lee's Caution
Bitmine Immersion has made its largest ETH purchase this year, acquiring 111,942 ether for $237 million, aiming to leverage the recent price drop.
Mercation Admin3 min - Crypto
OKX Launches Trading Tournament with $1 Million Prize Pool and Formula 1 Tickets
OKX has launched a trading tournament with a $1 million prize pool and Formula 1 tickets for top traders. Registration is open until June 28, 2026.
Mercation Admin1 min - Crypto
CoinDesk 20 Performance Update: SUI and CRO Both Decline 1.1%
The CoinDesk 20 Index shows a decline, with SUI and CRO both dropping by 1.1%. NEAR and TAO are among the few assets showing positive performance.
Mercation Admin1 min - Crypto
Trader Turns $341 Investment in World Cup Meme Coin into 14,000% Profit
A trader turned a $341 investment in a World Cup meme coin into $157,600, achieving 14,000% gains amid the token's dramatic rise in value.
Mercation Admin3 min - Crypto
Strive's Bitcoin Holdings Increase to 16,500 with Latest Acquisition
Strive has enhanced its bitcoin portfolio by acquiring 1,109 coins, bringing its total holdings to 16,500 BTC, making it the seventh-largest publicly traded bitcoin holder.
Mercation Admin2 min - News
Morning Minute: Trump Suggests Iran Deal Could Be Near, Markets Recover
Trump's suggestion of a near Iran deal leads to market fluctuations, with Bitcoin and Ethereum showing recovery amid changes in ETF flows and SEC regulations.
Mercation Admin6 min - Banking Policy
U.S. Senate Federal Credit Union to Transition to Thought Machine's Centralized Platform
The U.S. Senate Federal Credit Union is transitioning to Thought Machine's centralized platform to modernize its banking and payment systems.
Mercation Admin1 min - News
Strategy Uses Cash Reserves to Eliminate $1.5 Billion in Convertible Debt
Strategy has repurchased $1.5 billion of its convertible debt for $1.38 billion using cash reserves, reducing its outstanding debt significantly.
Mercation Admin2 min - News
Spain Blocks Access to Polymarket and Kalshi Over Licensing Issues
Spain has blocked Polymarket and Kalshi due to their lack of required gambling licenses, citing the need for better protections for minors and self-excluded gamblers.
Mercation Admin3 min - Crypto
Bitcoin Demand Indicator Hits Lowest Point Since December as Spot Buying Declines
The demand gauge for Bitcoin has dropped to its lowest point since December 2025, indicating a significant weakness in spot buying as more coins enter the market than buyers can absorb.
Mercation Admin3 min