News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin ETFs See Nearly $3 Billion in Losses Over 10 Days
U.S. spot Bitcoin ETFs have seen nearly $3 billion in outflows over 10 days, marking their longest withdrawal streak and pushing year-to-date flows negative.
Mercation Admin3 min - Crypto
Bitcoin Faces Pressure from ETF Withdrawals and Rising Oil Prices
Bitcoin and major cryptocurrencies are under pressure from record ETF outflows and rising oil prices, impacting their performance amidst a broader market rally.
Mercation Admin4 min - Crypto
Coinbase Introduces Direct INR Deposit and Withdrawal Options
Coinbase has launched a direct deposit and withdrawal system for Indian rupees, enhancing trading options for local users and marking a significant step in its Indian operations.
Mercation Admin2 min - News
Cardano Foundation Cancels 2026 Summit After Voting Failure
The Cardano Foundation has canceled the Cardano Summit 2026 in Singapore after a funding proposal failed to gain necessary support in a recent vote.
Mercation Admin2 min - Crypto
Bitcoin ETF Outflows Hit Record $2.8 Billion
Bitcoin's value has dropped as investors withdrew a record $2.8 billion from U.S. spot ETFs over nine sessions, marking the longest outflow streak since January 2024.
Mercation Admin1 min - Crypto
Strategy Maintains STRC Dividend at 11.5% for Fourth Month in a Row
Strategy has maintained its STRC dividend at 11.5% for the fourth consecutive month, with the stock trading near its $100 par value.
Mercation Admin3 min - Crypto
Bitcoin and Ether Decline as Futures Indicate Risk Appetite; XLM and HYPE Surge
Bitcoin and Ethereum began June with losses, while futures show signs of risk-taking. Stellar's XLM surged over 40% following a significant partnership announcement.
Mercation Admin5 min - Crypto
Bitcoin and Software Stocks Show Divergence, Indicating Potential Crypto Movement
Bitcoin and software stocks have diverged significantly, leading to speculation about a potential major crypto movement on the horizon.
Mercation Admin3 min - Crypto
BlackRock Reports $1.26 Billion Sale of IBIT
BlackRock's spot Bitcoin ETF, IBIT, saw a major investor exit with a $1.26 billion sale, resulting in a discount and estimated losses.
Mercation Admin1 min - Crypto
XRP Falls to $1.32 as Sellers Dominate Exchange Outflows
XRP has fallen to $1.32, marking a 15-week low as sellers dominate despite signs of tokens leaving exchanges. Traders watch critical support and resistance levels.
Mercation Admin3 min - Crypto
Bitcoin Faces Pressure as Spot ETF Outflows Reach Record Levels Amid AI-Driven Wall Street Gains
Bitcoin has experienced a record outflow of $2.97 billion from spot ETFs, marking the longest streak in history, while global equities thrive on AI advancements.
Mercation Admin4 min - Crypto
Large $1.26 Billion BlackRock IBIT Sale Likely Signals Quick Exit by Major Investor
A $1.26 billion sale of BlackRock’s IBIT likely represents a large investor's quick exit rather than a standard trading strategy unwind, according to NYDIG.
Mercation Admin4 min