News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Zcash Surges 45% Following Ironwood Upgrade Proposal by Developers
Zcash has experienced a 45% surge following the introduction of the Ironwood upgrade proposal aimed at addressing a critical counterfeiting bug.
Mercation Admin3 min - News
OpenAI to Launch ChatGPT as a Super App
OpenAI is set to launch an updated ChatGPT as a super app, featuring programming tools and AI agents, to boost competition and access to paid products.
Mercation Admin1 min - Crypto
XRP Stabilizes Above $1.10 After Hitting Four-Month Lows
XRP has stabilized above $1.10 after a sharp sell-off, showing signs of accumulation despite ongoing bearish market conditions.
Mercation Admin3 min - Crypto
Bitcoin's rise to $63,700 results in significant short liquidations
Bitcoin's surge to $63,700 resulted in $504 million in losses for short sellers in a single day, the highest since late April, as geopolitical tensions influenced market dynamics.
Mercation Admin3 min - Crypto
Cryptocurrencies Face Pressure as Oil Prices Surge by 3%
The two-year U.S. Treasury yield has hit a new high of 4.19%, impacting cryptocurrencies like Bitcoin, which fell nearly 14% last week.
Mercation Admin1 min - Crypto
Bitcoin Dips Below $63,000 Amid Iran-Israel Tensions and Korean Market Decline
Bitcoin has fallen below $63,000 as escalating tensions between Iran and Israel impact market sentiment and contribute to declines in Asian stocks.
Mercation Admin3 min - Crypto
House Ways and Means Committee Advances Crypto Tax Bills
The House Ways and Means Committee has introduced seven draft bills on cryptocurrency taxation ahead of an important hearing, indicating significant progress.
Mercation Admin4 min - Crypto
JPMorgan Urges Strategy to Rebuild Dollar Reserves
JPMorgan analysts suggest that Strategy should rebuild dollar reserves to restore investor confidence and address concerns about Bitcoin sell-offs.
Mercation Admin1 min - Crypto
Experts Warn Crypto Industry Unprepared for AI-Driven Vulnerability Discovery
A recent discovery by AI highlighted vulnerabilities in Zcash's privacy pool, raising alarms about the crypto industry's readiness for advanced AI-driven security risks.
Mercation Admin4 min - Crypto
Michael Saylor Sparks Bitcoin Purchase Speculation Amid Financial Scrutiny
Michael Saylor has reignited speculation regarding potential bitcoin purchases by posting a chart of previous acquisitions, coinciding with heightened scrutiny of Strategy's financials.
Mercation Admin3 min - Crypto
Bitcoin Approaches $60,000 Again: Institutional Sentiment Shifts
Bitcoin is approaching $60,000 again, but institutional investors are showing a bearish trend with significant ETF outflows, a stark contrast to their behavior in February.
Mercation Admin3 min - Crypto
Multiple Factors Contributing to Bitcoin's Price Decline, Says NYDIG
NYDIG's Greg Cipolaro highlights that Bitcoin's recent price drop is due to multiple intersecting challenges rather than a singular cause.
Mercation Admin5 min