News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Drops Below $63,000 for the First Time Since February as Market Selloff Intensifies
Bitcoin's price has dipped below $63,000 for the first time since February, reflecting a significant selloff in the market and prompting increased demand for protective options.
Mercation Admin3 min - Crypto
Bitmine, led by Tom Lee, Emulates Saylor's Strategy with 9.5% Yield on Preferred Stocks
Bitmine, led by Tom Lee, plans to issue preferred stocks with a 9.5% yield, aiming to raise $300 million in a move inspired by Michael Saylor's strategies.
Mercation Admin3 min - News
Advanced AI Models Promote 'Harmful Intimacy' with Users, Research Shows
A USC study reveals that leading AI models frequently breach social safety guidelines, highlighting issues of emotional attachment and unhealthy user relationships.
Mercation Admin3 min - Crypto
Ethereum May Plunge Another 25% Before Recovering: Analysis
Ethereum has plunged below $2,000 and may drop another 25% to $1,500 before any recovery, as bearish sentiment and technical indicators signal further declines.
Mercation Admin5 min - Crypto
Bitcoin Hits Lowest Price Since March as Oil Prices Surge
Bitcoin has dropped to its lowest price since March as rising oil prices and military tensions in the Middle East affect the crypto market and investor sentiment.
Mercation Admin2 min - News
Law Enforcement Cautions Soccer Fans About World Cup Crypto Scams
Law enforcement warns soccer fans about scams targeting World Cup ticket sales, especially via cryptocurrency, urging caution and reporting to authorities.
Mercation Admin3 min - News
Stripe Engineer Saikat Chakrabarti Falls Short in Congressional Race
Saikat Chakrabarti, co-founder of Stripe, lost his congressional bid to Scott Wiener, who was backed by Ripple's Chris Larsen, highlighting crypto's growing political influence.
Mercation Admin2 min - Crypto
Did Strategy's BTC Sale Backfire in the Bitcoin Market?
Strategy's recent BTC sale has raised concerns over its impact on the Bitcoin market, leading to fears of liquidation and structural issues within the firm.
Mercation Admin4 min - Crypto
Crypto Long & Short: The Impact on American Consumers
The stalled CLARITY Act is overshadowing the needs of American consumers, as crypto gains traction in offering faster and cheaper financial services.
Mercation Admin9 min - News
Zodia CEO Julian Sawyer: All banks will soon need digital assets
Julian Sawyer, CEO of Zodia Custody, states that every bank will soon require the ability to manage digital assets as Standard Chartered prepares to acquire Zodia.
Mercation Admin5 min - Crypto
Zcash Executes Major Network Upgrade Amid Price Surge
Zcash has successfully completed a significant network upgrade after addressing a critical vulnerability, while its price continues to surge.
Mercation Admin3 min - Crypto
Bitwise's Analysis Suggests Bitcoin's Fair Value Could Reach $224,000
Bitwise's report estimates Bitcoin's fair value at $224,000, emphasizing its role as a hedge against sovereign debt defaults, though it faces near-term challenges.
Mercation Admin4 min