News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Analysts Split on Implications of Strategy's Minor Bitcoin Sale
Analysts are split over the implications of Strategy's first bitcoin sale in four years, with some viewing it as a minor tactical move and others suggesting a shift in strategy.
Mercation Admin5 min - Crypto
Shares of Strategy Decline Following Bitcoin Liquidation—More Sales Ahead?
Strategy shares fell significantly following a $2.5 million Bitcoin sale, raising questions about potential future sales and the company's financial strategy.
Mercation Admin3 min - Crypto
Sui Attributes Recent Network Outages to Gas and Validator Issues
Sui's network faced three outages last week, lasting over 15 hours, attributed to gas and validator bugs, while SUI's price dropped 18%.
Mercation Admin1 min - Crypto
$14 Million Betting Dispute Arises from Strategy's Bitcoin Sale on Polymarket
Strategy's bitcoin sale has triggered a $15 million betting dispute on Polymarket, focusing on whether trades from late May count towards a May 31 deadline.
Mercation Admin4 min - News
Binance Enables Trading of 7,000 US Stocks, Launches Tokenized 'bStocks'
Binance has launched access to over 7,000 U.S. stocks and ETFs for non-U.S. users, introducing a new feature called 'bStocks' to tokenize shares on the BNB blockchain.
Mercation Admin3 min - Crypto
Bitcoin Hits Two-Month Low Amid ETF Outflows and Strategy Sale
Bitcoin has dropped to a two-month low of around $71,479 due to ETF outflows and a significant sale by treasury firm Strategy.
Mercation Admin2 min - Crypto
CFTC Approval Boosts HYPE to New Heights
The CFTC's approval of Bitcoin perpetual contracts has sent HYPE soaring to a new all-time high, while major cryptocurrencies experience significant losses.
Mercation Admin5 min - Crypto
Stellar (XLM) Rises 14.1% Over the Weekend, CoinDesk 20 Update
Stellar (XLM) saw a notable increase of 14.1% over the weekend, while Binance Coin (BNB) also performed well with a 7.9% rise, according to the latest CoinDesk 20 update.
Mercation Admin1 min - Crypto
$1.67 Billion Withdrawn from Crypto Funds in a Week
Investment products based on digital assets experienced a significant outflow of $1.67 billion from May 25 to 29, marking a continued trend of withdrawal.
Mercation Admin2 min - Crypto
Bitcoin Dips Below $72,000 Amid Liquidations and Strategy's First BTC Sale
Bitcoin has fallen below $72,000, with significant liquidations occurring as Strategy sells BTC for the first time in four years.
Mercation Admin1 min - Crypto
Michael Saylor's Bitcoin Firm Sells 32 BTC for $2.5M
Strategy, a Bitcoin treasury firm led by Michael Saylor, sold 32 BTC for $2.5 million, marking a significant policy shift from their previous "never sell" approach.
Mercation Admin2 min - Crypto
Strategy's $2.5 Million Bitcoin Sale Drives Prices Below $72,000
Bitcoin's value has fallen below $72,000 as Strategy disclosed a $2.5 million sale of 32 bitcoins, marking a significant financial move for the company.
Mercation Admin2 min