News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto

BitMine Sets Preferred Stock Offering with 9.5% Dividend
BitMine has announced a preferred stock offering aiming to raise $274 million, with a 9.5% dividend, to expand its Ethereum treasury and infrastructure.
Mercation Admin2 min - Crypto

Zcash Treasury Supported by Winklevoss Sees Nearly 40% Drop Due to Privacy Bug
Cypherpunk Technologies, backed by the Winklevoss twins, saw a 37% drop in shares due to concerns over a Zcash bug that could lead to counterfeit coins.
Mercation Admin2 min - Crypto

XRP Approaches $1.10 as Liquidation Selling Drives Prices Down
XRP has dropped to multi-month lows, nearing $1.10 as a result of liquidation-driven selling. Traders are now watching key support levels as the market sentiment shifts.
Mercation Admin3 min - Crypto

Bitcoin Drops to $60,000
Bitcoin has dropped to $60,000, losing 5% in a day, while Ethereum fell nearly 10% to $1,600, with liquidations reaching $1.25 billion.
Mercation Admin1 min - Crypto

Discrepancies in AML Service Evaluations
The article discusses discrepancies in AML service evaluations and offers insights on how to mitigate risks associated with cryptocurrency transactions.
Mercation Admin3 min - Crypto

Spot Bitcoin ETFs End 13-Day Outflow Streak
Spot Bitcoin ETFs saw a net inflow of $3.04 million on June 4, ending a 13-day outflow streak, while Ethereum funds gained $19.3 million after 17 days of losses.
Mercation Admin1 min - Crypto

Zcash Plummets 38% Following Revelation of Serious Counterfeiting Flaw
Zcash's value dropped by 38% after a serious vulnerability was revealed, allowing potential counterfeiting without detection for over four years.
Mercation Admin3 min - Crypto

Bitcoin and Ether Face Critical Price Levels in Worst Week Since July 2024
The crypto market is facing its worst week since July 2024, with Bitcoin and Ether nearing critical support levels amid various pressures.
Mercation Admin4 min - Crypto

Bitcoin and Ether ETFs Conclude Record Outflow Period
Bitcoin and ether ETFs have ended their record outflow periods, with bitcoin ETFs gaining $3.05 million and ether ETFs $19.30 million, primarily due to BlackRock's ETHA.
Mercation Admin4 min - Crypto

Zcash Plummets 48% Following Discovery of Critical Network Vulnerability
Zcash's price fell 48% to $302.48 after a critical vulnerability was discovered, allowing for the creation of counterfeit coins.
Mercation Admin1 min - Crypto

Bitcoin Drops to Nearly $62,000 Amid AI Trade Retreat, HYPE Declines 14%
Bitcoin has dropped to around $62,000 as the AI market cools, leading to significant declines in major cryptocurrencies like Ether and Solana.
Mercation Admin4 min - Crypto

Hyperliquid Experiences Decline as Arthur Hayes Sells Position Below $150 Target
Hyperliquid's HYPE token retreats from record highs after Arthur Hayes sells his holdings, citing macroeconomic factors and AI trends, prompting criticism from traders.
Mercation Admin4 min