News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Kalshi Files Lawsuit Against Minnesota's Prediction Market Ban
Kalshi has filed a lawsuit to prevent Minnesota from enforcing a new law that criminalizes prediction markets, aligning with the Trump administration's stance.
Mercation Admin2 min - Crypto
Bitcoin Whales Reduce Holdings as Activity Resembles 2022 Bear Market: Analysts
A CryptoQuant report reveals that large Bitcoin holders are reducing their holdings, a trend reminiscent of the 2022 bear market, with Bitcoin currently down 42% from its peak.
Mercation Admin2 min - Crypto
Traders Predict Increased Likelihood of Bitcoin Dropping Below $70K by May's End
Traders are increasingly betting on Bitcoin's price dropping below $70,000 by the end of May, though the odds remain modest at 26%.
Mercation Admin2 min - News
Myriad Unveils $100K Competition for 2026 World Cup
Myriad has introduced a $100,000 trading competition for the 2026 FIFA World Cup, with substantial prizes for top traders and makers.
Mercation Admin2 min - Crypto
'Debasement trade' wanes as inflation concerns ease, says JPMorgan
JPMorgan reports that the 'debasement trade' involving bitcoin and gold is losing traction as investors withdraw funds, possibly anticipating a U.S.-Iran peace agreement.
Mercation Admin3 min - Crypto
Crypto Major Prices Decline Amid ETF Outflows and Iran Tensions
Cryptocurrency prices have dropped by 3-4% as Bitcoin ETF outflows exceed $1 billion and geopolitical tensions in Iran escalate.
Mercation Admin6 min - Crypto
U.S.-Iran Conflict Impacts Global Markets, Bitcoin Hits 6-Week Low
The U.S.-Iran conflict has unsettled global markets, leading to Bitcoin's drop to a six-week low as tensions escalate and oil prices rise.
Mercation Admin3 min - Crypto
Crypto Market Declines Amid Hormuz Airstrikes, $897 Million in Long Liquidations
The crypto market sees declines following U.S. airstrikes, with Bitcoin and Ether experiencing significant drops and $897 million in liquidations.
Mercation Admin4 min - Crypto
Bitcoin Dips Below $73K Amidst Nearly $1B in Crypto Liquidations
Bitcoin has dipped below $73,000 as nearly $1 billion in liquidations hit the crypto market amid growing geopolitical tensions and ETF outflows.
Mercation Admin3 min - Crypto
Bitcoin Drops Below $73,000 Amid Escalating Middle East Conflict
Bitcoin's price fell below $73,000 due to escalating Middle East tensions, while Ethereum also saw a decline. Market sentiment reflects extreme fear as liquidity tightens.
Mercation Admin1 min - Crypto
Ether Dips Below $2,000 as Futures Open Interest Reaches 16 Million ETH
Ether has fallen below $2,000 for the first time since March, while futures open interest reaches a record high of 16 million ETH, indicating aggressive shorting.
Mercation Admin4 min - Crypto
Fund Manager Cautions Bitcoin May Drop Further Amid $150 Billion Treasury Move
Fund manager Michael Kramer warns Bitcoin's price may decline further due to a $150 billion liquidity drain from upcoming U.S. Treasury operations.
Mercation Admin3 min