News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Slides to $62,500, Dampening Hopes for Continued Gains
Bitcoin has dipped to $62,500, losing momentum as risk markets rally globally. Analysts are awaiting U.S. inflation data that could impact future Fed decisions.
Mercation Admin1 min - Crypto
Bitcoin's Current Bear Market is Its Mildest Yet—Is the Bottom Here?
Bitcoin's 50% decline from its peak marks its mildest bear market yet, but experts suggest it may not have reached its bottom.
Mercation Admin3 min - Crypto
Bitcoin's recent rise lacks bullish momentum, with $68,000 to $80,000 as critical levels
Bitcoin's recent price bounce is not indicative of a bullish trend, with key resistance levels identified between $68,000 and $80,000, according to analysts.
Mercation Admin4 min - Crypto
Strategy's bitcoin acquisition fails to impact BTC price
Bitcoin's price remains stable around $62,600 despite Strategy's recent acquisition of 1,550 BTC, as investors await U.S. inflation data and the Fed meeting.
Mercation Admin5 min - Crypto
Arca Rejects Saylor's AI Blame for Bitcoin Decline, Citing Different Factors
Arca disputes Michael Saylor's claim that AI caused Bitcoin's drop, attributing it instead to Saylor's actions and Strategy's sale of BTC.
Mercation Admin4 min - Crypto
BTC.TOP CEO Believes Strategy Can Endure a $30,000 Bitcoin Without Selling
Jiang Zhuoer, CEO of BTC.TOP, asserts that Strategy can withstand a Bitcoin price drop to $30,000 without needing to sell its holdings, despite recent speculation.
Mercation Admin3 min - News
OpenAI Files Confidential IPO Registration, Timing Uncertain
OpenAI has filed a confidential S-1 for a potential IPO, but has not confirmed when it might go public.
Mercation Admin1 min - Crypto
Bernstein Predicts Bitcoin Could Reach $150K Despite Retail Investor Shift
Bernstein analysts believe Bitcoin's current decline is a sign of institutional stability, maintaining a $150K price target for the cryptocurrency by year-end.
Mercation Admin2 min - Crypto
JPMorgan: Cash Reserves Crucial for Strategy's Investor Confidence
JPMorgan analysts suggest that boosting cash reserves is vital for Strategy to regain investor confidence following a recent Bitcoin sale that impacted stock performance.
Mercation Admin2 min - News
Sam Bankman-Fried Seeks Presidential Pardon from Trump
Sam Bankman-Fried, serving a 25-year sentence for fraud, has filed a clemency request for a presidential pardon from Donald Trump, despite previous indications from the president that he should not expect clemency.
Mercation Admin4 min - Crypto
BitMine Acquires $214 Million in Ethereum During Market Dip
BitMine has acquired 126,971 ETH, valued at approximately $214 million, amid a broader crypto selloff, which Chairman Tom Lee describes as superficial.
Mercation Admin2 min - Crypto
10xResearch Attributes Bitcoin's Decline to Rising Inflation, Not Strategy
10x Research claims that bitcoin's recent decline is primarily due to inflation-related ETF sell-offs rather than Michael Saylor's Strategy actions.
Mercation Admin4 min