News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Congress to Examine Cryptocurrency Tax Regulations: Key Insights
The House Ways and Means Committee is set to discuss new cryptocurrency tax proposals, focusing on taxation of staking rewards and small transactions in a hearing this Tuesday.
Mercation Admin3 min - Crypto
Strategy Acquires Bitcoin, Boosts Cash Reserves After Major Stock Decline
Strategy has acquired 1,550 Bitcoin for $101 million, increasing its total holdings to 845,256 BTC and restoring its cash reserves to $1 billion.
Mercation Admin2 min - Crypto
Bitcoin Surges to $63K, Liquidating $540M in Shorts, Highest in 7 Weeks
Bitcoin's recent surge to $63,800 led to the liquidation of $540 million in short positions, the highest since April, though experts warn the trend may not be sustainable.
Mercation Admin3 min - Crypto
Key Bitcoin Indicator Suggests Crypto Market May Be Stabilizing
A vital Bitcoin market metric indicates the worst of the crypto downturn may be over, as prices approach their realized fair value after a significant sell-off.
Mercation Admin4 min - News
Labour Accuses Farage of Avoiding Scrutiny Over £5 Million Gift
Labour Party accuses Nigel Farage of avoiding scrutiny over a £5 million gift from Tether billionaire Christopher Harborne, raising questions about transparency and accountability.
Mercation Admin3 min - Crypto
Bitcoin Remains Above $63,000 Following Sunday Surge, Full Reversal May Require More Time
Bitcoin remains stable above $63,000 after a rally on Sunday, influenced by Michael Saylor's buying signals. The market awaits further developments.
Mercation Admin5 min - News
Gold Dips Below 200-Day Moving Average, Offering Hope to Bitcoin Investors
Gold has dipped below its 200-day moving average, raising concerns among investors, while offering a potential boost for Bitcoin.
Mercation Admin3 min - Crypto
Crypto Week Ahead: U.S. Inflation and ECB Rate Decision
This week, crypto markets face challenges with U.S. inflation data and the ECB's rate decision, impacting trading strategies and liquidity.
Mercation Admin4 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
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