News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Cardano's Social Engagement Rises as ADA Plummets Below 20 Cents
Cardano's ADA token has dropped to $0.16, its lowest since December 2020, while social media engagement surges amid concerns over the ecosystem's viability.
Mercation Admin3 min - Crypto
Zcash's Market Cap Takes a Hit—Is Recovery Possible for ZEC?
Zcash's market cap has been significantly affected by a vulnerability that raised concerns over counterfeit minting, leading to a 40% drop in value.
Mercation Admin3 min - News
Seven New Crypto Tax Bills Introduced in Congress
House Republicans have introduced seven new crypto tax bills, including exemptions for staking rewards and a $10 de minimis for gas fees, but lacking broader exemptions for everyday crypto transactions.
Mercation Admin3 min - Crypto
BitMine Sets Preferred Stock Offering with 9.5% Dividend
BitMine has announced a preferred stock offering aiming to raise $274 million, with a 9.5% dividend, to expand its Ethereum treasury and infrastructure.
Mercation Admin2 min - Crypto
Zcash Treasury Supported by Winklevoss Sees Nearly 40% Drop Due to Privacy Bug
Cypherpunk Technologies, backed by the Winklevoss twins, saw a 37% drop in shares due to concerns over a Zcash bug that could lead to counterfeit coins.
Mercation Admin2 min - Crypto
XRP Approaches $1.10 as Liquidation Selling Drives Prices Down
XRP has dropped to multi-month lows, nearing $1.10 as a result of liquidation-driven selling. Traders are now watching key support levels as the market sentiment shifts.
Mercation Admin3 min - Crypto
Bitcoin Drops to $60,000
Bitcoin has dropped to $60,000, losing 5% in a day, while Ethereum fell nearly 10% to $1,600, with liquidations reaching $1.25 billion.
Mercation Admin1 min - Crypto
Discrepancies in AML Service Evaluations
The article discusses discrepancies in AML service evaluations and offers insights on how to mitigate risks associated with cryptocurrency transactions.
Mercation Admin3 min - Crypto
Spot Bitcoin ETFs End 13-Day Outflow Streak
Spot Bitcoin ETFs saw a net inflow of $3.04 million on June 4, ending a 13-day outflow streak, while Ethereum funds gained $19.3 million after 17 days of losses.
Mercation Admin1 min - Crypto
Zcash Plummets 38% Following Revelation of Serious Counterfeiting Flaw
Zcash's value dropped by 38% after a serious vulnerability was revealed, allowing potential counterfeiting without detection for over four years.
Mercation Admin3 min - Crypto
Bitcoin and Ether Face Critical Price Levels in Worst Week Since July 2024
The crypto market is facing its worst week since July 2024, with Bitcoin and Ether nearing critical support levels amid various pressures.
Mercation Admin4 min - Crypto
Bitcoin and Ether ETFs Conclude Record Outflow Period
Bitcoin and ether ETFs have ended their record outflow periods, with bitcoin ETFs gaining $3.05 million and ether ETFs $19.30 million, primarily due to BlackRock's ETHA.
Mercation Admin4 min