News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
CFTC Approves First Regulated Bitcoin Perpetual Futures at Kalshi and Coinbase
The CFTC has approved the first regulated bitcoin perpetual futures contracts for U.S. firms, allowing Kalshi to offer these products and facilitating Coinbase's global connections.
Mercation Admin6 min - Crypto
Glassnode: Options Expiry Removed Price Barriers for Bitcoin
Glassnode reports that Bitcoin's price barriers were removed following a major options expiry, with market sentiment reflecting a local correction and reduced hedging demand.
Mercation Admin1 min - Crypto
Sui Network Goes Down for the Second Time in Two Days
The Sui blockchain has halted block production for the second time in two days, with the pause lasting over an hour as the team investigates the issue.
Mercation Admin1 min - Crypto
CoinDesk 20 Update: Bittensor (TAO) Falls 4%, Dragging Index Down
Bittensor (TAO) saw a 4% decline, contributing to a decrease in the CoinDesk 20 Index, which is now at 1975.1. Internet Computer (ICP) also dropped by 3.8%.
Mercation Admin1 min - News
PJM Reports $23.1 Billion Cost for AI Data Centers
PJM Interconnection reports a $23.1 billion increase in costs due to AI data centers, reshaping the power market and impacting consumer bills significantly.
Mercation Admin1 min - Crypto
Bitcoin ETFs Experience Unprecedented $2.8 Billion Outflow
Bitcoin ETFs have recorded a staggering $2.8 billion in outflows over nine consecutive days, reflecting a significant decline in investor sentiment and demand.
Mercation Admin3 min - News
Paxos Secures SEC Approval for Blockchain-Based Stock Clearing
Paxos Securities Settlement Company has received SEC approval to provide clearing and settlement services, marking a significant milestone for blockchain in traditional finance.
Mercation Admin3 min - Crypto
Morning Minute: Hyperliquid Surpasses Nasdaq in Volume
Hyperliquid is now considered larger than Nasdaq by volume, according to ICE CEO Jeff Sprecher, who praised its innovative approach to trading.
Mercation Admin7 min - Crypto
ICE CEO Jeffrey Sprecher Claims Hyperliquid Surpasses NASDAQ
ICE CEO Jeffrey Sprecher claims Hyperliquid's trading activity surpasses NASDAQ, highlighting its innovative 24/7 operations and regulatory implications.
Mercation Admin4 min - News
Ex-Police Officers in Ukraine Accused of Kidnapping Crypto Investors for Millions
Ukrainian ex-police officers are accused of kidnapping crypto entrepreneurs to extort over $2.2 million, employing violence and intimidation in their scheme.
Mercation Admin3 min - Crypto
Bitcoin Struggles as ETF Outflows Hit Record Ninth Day, Indicating Decreased Demand
Bitcoin is currently facing challenges, with a record nine consecutive days of ETF outflows indicating a decline in demand, while it stabilizes around $73,500.
Mercation Admin3 min - Crypto
Bitcoin ETF Sees Unprecedented Nine-Day Outflow of $2.8 Billion
Investors have withdrawn $2.8 billion from U.S. spot bitcoin ETFs over nine days, the longest outflow period since their launch in January 2024, amid bitcoin's underperformance against AI stocks.
Mercation Admin3 min