News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BitMine Acquires $49 Million in Ethereum as Demand for Robinhood Chain Surges
BitMine has acquired $49 million in Ethereum, boosting its total to nearly 4.8% of the circulating supply as demand for Robinhood Chain rises.
Mercation Admin2 min - Crypto
Robinhood Chain Leads in DEX Volume
Robinhood Chain has quickly risen to the top of DEX volume rankings, processing $3.1 billion in just one week after its public mainnet launch.
Mercation Admin1 min - Crypto
BitMine's Ether Holdings Increase to 5.77 Million Tokens, Representing 4.8% of Supply
BitMine has expanded its Ethereum treasury to 5.77 million ETH, making up 4.8% of the total supply, while Chairman Tom Lee emphasizes the utility of Ethereum.
Mercation Admin3 min - Crypto
Morning Minute: BTC and ETH ETFs See Inflows After Prolonged Outflow Period
Bitcoin and Ethereum ETFs have seen a resurgence in inflows after a challenging two-month period, marking a positive shift in the market.
Mercation Admin3 min - News
Chinese Prosecutors Propose Framework for Crypto Money Laundering Prosecutions
Chinese prosecutors propose a framework for prosecuting crypto money laundering, suggesting presumption of intent when using mixers or privacy coins and a national platform for seized crypto.
Mercation Admin3 min - Crypto
Crypto Market Retreats Amid Profit-Taking and Middle East Tensions
The cryptocurrency market has retreated following a bullish weekend, influenced by profit-taking and renewed tensions in the Middle East.
Mercation Admin4 min - Crypto
Cambridge Center Assesses Ethereum's Energy Consumption Post-Merge
The Cambridge Centre for Alternative Finance reports a 99.96% reduction in Ethereum's energy consumption post-Merge, now at 7.87 GWh annually.
Mercation Admin3 min - Crypto
Lean Ethereum: What Vitalik Buterin's 'Strawmap' Promises
The Ethereum Foundation's Lean Ethereum roadmap outlines a comprehensive overhaul of the blockchain, aiming for significant improvements by 2029.
Mercation Admin5 min - Crypto
SBI Group Launches JPYSC Stablecoin Lending at 3% Annual Yield
SBI Group is launching a lending service for its JPYSC stablecoin, offering a 3% annual yield through its SBI VC Trade platform.
Mercation Admin1 min - Crypto
AI Freelancers to Drive $262 Billion into Stablecoins by 2033
Analysts from Swyftx predict that AI-driven microbusinesses will contribute $262 billion to stablecoin transactions by 2033, driven by solo entrepreneurs and small firms.
Mercation Admin1 min - Crypto
Weekly Summary: Support for Bitcoin Industry in Kazakhstan and MiCA Expansion in the EU
Kazakhstan's President signs a decree to boost the crypto industry, while the EU expands MiCA regulations to include DeFi and NFTs, amidst ongoing developments in the Bitcoin market.
Mercation Admin4 min - Crypto
Bitcoin and Ether Remain Stable Amid U.S. Strikes on Iran
Bitcoin and ether remain largely unchanged despite U.S. airstrikes on Iran and the closure of the Strait of Hormuz, reflecting a muted market response to geopolitical tensions.
Mercation Admin4 min