News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Jim Cramer Divests from Bitcoin Amid Quantum Computing Concerns
Jim Cramer announces he's selling his Bitcoin due to quantum computing risks, sparking excitement among Bitcoin investors who often trade against his advice.
Mercation Admin4 min - News
SpaceX Surpasses Revenue Expectations Despite $540 Million Bitcoin Loss
SpaceX reported a strong second-quarter revenue of $7.8 billion but suffered a $540 million loss due to declining bitcoin holdings.
Mercation Admin3 min - Crypto
Exploring the Coldcard Bitcoin Vulnerability: Key Generation Issues
A firmware flaw in Coldcard wallets has led to the theft of over $130 million in Bitcoin by compromising key generation processes.
Mercation Admin7 min - Crypto
Hashdex to Liquidate Bitcoin ETF Amid Asset Struggles
Hashdex is set to close its Bitcoin ETF, managing only $14.7 million, with trading ending on August 17 and cash distributions expected by August 28.
Mercation Admin2 min - News
Miners Intensify Competition for Energy Resources
Mining companies are intensifying their efforts to secure energy as demand for data centers rises, with Fortitude Mining acquiring a new facility in Nebraska.
Mercation Admin2 min - Crypto
Bitcoin's $63,000 Level Becomes Crucial for Buyers: Glassnode
Bitcoin's price around $63,000 has become a vital zone for buyers, with significant accumulation from both retail and large investors, according to Glassnode.
Mercation Admin2 min - Crypto
Intesa Sanpaolo Cuts IBIT Holding by 94% in Q2, Increases Ether ETF Position
Intesa Sanpaolo has significantly reduced its stake in the IBIT ETF while tripling its holdings in the iShares Staked Ethereum Trust ETF amid a downturn in crypto prices.
Mercation Admin3 min - Crypto
Cryptocurrency Wallet Manufacturers Warn of Phishing Attacks
Trezor and Foundation alert users about phishing schemes targeting them after the Coldcard vulnerability was revealed, warning against sharing wallet backups.
Mercation Admin3 min - Crypto
BitGo's Shift to Chainlink Brings LayerZero-to-Chainlink Migrations Close to $15 Billion
BitGo is transitioning to Chainlink for its WBTC cross-chain services, increasing total migrations from LayerZero to Chainlink to nearly $15 billion.
Mercation Admin3 min - Crypto
Morning Minute: Saylor Offloads Bitcoin Again
Michael Saylor's Strategy sold over $100 million in Bitcoin to support its preferred stock as Bitcoin remains stable despite negative news.
Mercation Admin4 min - Crypto
Coldcard Warns Users to Transfer Bitcoin Due to Ongoing Exploit
Coldcard has issued a warning for users to transfer their bitcoin due to an ongoing exploit affecting certain wallet models, which has led to significant losses.
Mercation Admin4 min - News
Sleep at Night Technology: How Coldcard Turned Users' Dreams into Nightmares
Coldcard's recent security breach has raised concerns about the safety of hardware wallets, leading to significant financial losses and a loss of trust in non-custodial storage models.
Mercation Admin7 min