News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BitMine Acquires $43 Million in Ethereum While Strategy Halts Bitcoin Purchases
BitMine has invested an additional $43 million in Ethereum despite market downturns, while Strategy has paused its Bitcoin purchases amid scrutiny.
Mercation Admin2 min - Crypto
Ripple Proposes Institutional Borrowing Against Tokenized Assets on XRPL
Ripple is looking to allow institutions to borrow against tokenized assets on the XRPL through a proposed lending protocol, pending validator approval.
Mercation Admin4 min - Crypto
BlackRock Enhances DeFi Engagement with Ethena Integration, Boosting ENA by 8%
BlackRock has announced its integration of Ethena's yield-generating token into its risk management platform, causing ENA to rise by 8%.
Mercation Admin4 min - Crypto
Tom Lee Attributes Crypto Market Weakness to Quarter-End Adjustments as Bitmine Acquires Additional $43 Million in ETH
Tom Lee attributes the recent downturn in cryptocurrency prices to quarter-end adjustments while Bitmine adds $43 million in ETH to its holdings.
Mercation Admin3 min - Crypto
Vitalik Buterin Claims Crypto’s Key Concept Is Not Ready for Application
Vitalik Buterin emphasizes that while indistinguishability obfuscation holds promise as a powerful cryptographic concept, it is not yet ready for practical application.
Mercation Admin4 min - Crypto
Framework Ventures Raises $400 Million for New Fund
Framework Ventures has secured $400 million for a new fund focused on tokenization and stablecoin projects, reflecting a shift in blockchain's role in capital-intensive industries.
Mercation Admin1 min - Crypto
Bitcoin Stays Below $60,000 Amid Significant Week Ahead for Crypto
Bitcoin trades just below $60,000 as the crypto market anticipates a critical week ahead, with derivatives data hinting at potential downside risks.
Mercation Admin5 min - Crypto
Loopring Announces Closure of DEX
Loopring has announced the closure of its decentralized exchange due to lack of adoption and competition, promising to refund users directly.
Mercation Admin1 min - Crypto
South Korea's $518 Billion Investment in AI Chips Signals Crypto's Capital Struggles
South Korea's $518 billion investment in AI chips highlights the ongoing capital drain from the cryptocurrency sector as major firms pivot towards AI technology.
Mercation Admin4 min - News
CZ Aims to Position the U.S. as the 'Crypto Capital'
Changpeng Zhao, founder of Binance, aims to establish the U.S. as the leading center for cryptocurrency, discussing his plans and industry insights in a recent interview.
Mercation Admin4 min - Crypto
Weekly Recap: Bitcoin Hits Local Low and Ethereum Foundation Restructures
Bitcoin dipped to $58,000, while the Ethereum Foundation announced a 40% budget cut and restructuring. SpaceX lost $600 billion in market cap over three days.
Mercation Admin4 min - Crypto
Aave Founder Announces Automatic AAVE Buyback
Stani Kulechov announced Aavenomics 3.0, an automatic buyback mechanism for AAVE tokens, aiming to enhance the protocol's economy.
Mercation Admin1 min