News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Bounces Back from Asian Session Lows; Nasdaq Futures Decline
Bitcoin has bounced back from earlier lows in the Asian session, while Nasdaq futures continue to decline amid rising risk aversion in equity markets.
Mercation Admin1 min - Crypto
Bitcoin Drops 2% as South Korea's Kospi Sinks 10%
Bitcoin saw a 2% drop after the U.S. market closed, coinciding with a sharp 10% plunge in South Korea's Kospi index.
Mercation Admin4 min - Crypto
Bitcoin Remains Steady Amid AI Stock Declines; Fed Meeting Ahead
Bitcoin remains stable near $65,000 despite declines in AI stocks, with analysts suggesting the upcoming Fed meeting could influence its trajectory.
Mercation Admin4 min - Crypto
Bitmine Approaches 5% Control of Ethereum Supply with $11.8 Billion Assets
Bitmine Immersion Technologies has increased its Ethereum holdings to 5.79 million ETH, nearing its goal of controlling 5% of the total supply, with assets totaling $11.8 billion.
Mercation Admin2 min - News
Strategy Boosts Cash Reserves by $525M, Foregoes Bitcoin Purchase for Fifth Week
Strategy has enhanced its cash reserves by $525 million, reaching $3.75 billion, while skipping Bitcoin purchases for the fifth week in a row.
Mercation Admin2 min - Crypto
Bitmine Expands Ether Holdings as Tom Lee Highlights Positive Market Trends
Bitmine has acquired nearly 10,000 ETH, increasing its holdings as Tom Lee indicates a bullish trend in the crypto market due to ether's strong performance against bitcoin.
Mercation Admin4 min - Crypto
Coinbase CEO Critiques Shift from Blockchain to AI in Crypto Projects
Brian Armstrong, CEO of Coinbase, criticized the trend of crypto projects shifting focus from blockchain to AI, emphasizing the importance of cryptocurrencies.
Mercation Admin2 min - News
Michael Saylor's Strategy Elevates Cash Reserves to $3.75 Billion and Buys Back $25 Million of STRC
Michael Saylor's firm increased its cash reserves to $3.75 billion after raising $544.5 million through stock sales, using $25 million to repurchase preferred stock.
Mercation Admin2 min - News
Tokenized Stocks on Robinhood Chain Surge by 500%
Tokenized stocks on the Robinhood Chain have surged by five times in value, reaching approximately $70 million as daily trading volumes increase significantly.
Mercation Admin4 min - Crypto
Bitcoin Options Traders Scale Back Hedging Ahead of Fed Meeting
Bitcoin options traders have notably reduced their hedging strategies ahead of the Federal Reserve meeting, with the put/call ratio dropping significantly.
Mercation Admin4 min - Crypto
Bitcoin ETFs Experience $465 Million Outflow, BlackRock's IBIT at the Forefront
Bitcoin ETFs saw a significant $465 million outflow over two days, primarily influenced by BlackRock's IBIT, reversing a strong inflow trend.
Mercation Admin3 min - Crypto
Rising U.S. Debt Drives Investors Toward Bitcoin and Gold as Safe Havens
As U.S. debt reaches unprecedented levels, investors are flocking to bitcoin and gold as alternative safe havens against currency devaluation.
Mercation Admin5 min