News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Zcash Plummets 48% Following Discovery of Critical Network Vulnerability
Zcash's price fell 48% to $302.48 after a critical vulnerability was discovered, allowing for the creation of counterfeit coins.
Mercation Admin1 min - Crypto
Bitcoin Drops to Nearly $62,000 Amid AI Trade Retreat, HYPE Declines 14%
Bitcoin has dropped to around $62,000 as the AI market cools, leading to significant declines in major cryptocurrencies like Ether and Solana.
Mercation Admin4 min - Crypto
Hyperliquid Experiences Decline as Arthur Hayes Sells Position Below $150 Target
Hyperliquid's HYPE token retreats from record highs after Arthur Hayes sells his holdings, citing macroeconomic factors and AI trends, prompting criticism from traders.
Mercation Admin4 min - Crypto
Tokenization: A Revolution Similar to ETFs in Market Structure
The evolution of tokenization in finance mirrors the early days of ETFs, suggesting a potential transformation into a $10 trillion market, according to Michael Lie.
Mercation Admin5 min - Crypto
The Future of Ethereum Layer 2s: Consolidation and Focus on Applications
The Ethereum layer-2 ecosystem is undergoing significant changes as many general-purpose chains are struggling to find their niche, with a shift towards more specialized applications.
Mercation Admin6 min - Crypto
Tom Lee's $250,000 Ether Projection: Analyzing the Mathematics Behind This Bold Prediction
Tom Lee predicts ether could reach $250,000, valuing Ethereum at $30 trillion. This projection raises questions about supply, demand, and market dynamics.
Mercation Admin4 min - Crypto
XRP Plummets 7% to Reach Four-Month Lows
XRP has dropped 7% to four-month lows amid mixed signals of institutional demand and weak technical indicators.
Mercation Admin3 min - Crypto
Morning Minute: Cryptocurrency Plummets, New Lows Ahead
Cryptocurrency markets face a significant downturn, with major coins like Bitcoin and Ethereum dropping 6-10%. Arthur Hayes predicts a market peak is near.
Mercation Admin6 min - Crypto
Hyperliquid's Market Share in Derivatives Reaches 6.63%
Hyperliquid's market share in perpetual futures trading reached a record 6.63% in May, driven by the launch of HIP-3, allowing third-party market creation.
Mercation Admin1 min - Crypto
Coinbase Introduces Pre-IPO Perpetual Futures with SpaceX
Coinbase has launched a new product allowing traders to speculate on pre-IPO companies, starting with SpaceX, potentially making Elon Musk the world's first trillionaire.
Mercation Admin2 min - Crypto
Tom Lee's BitMine Plans $300 Million Preferred Stock Offering for ETH Investments
BitMine is planning to raise up to $300 million through a preferred stock sale to bolster its ETH treasury strategy, with a focus on staking and related investments.
Mercation Admin3 min - Crypto
BitMine to Issue $300 Million in Stock to Purchase Ethereum
BitMine Immersion Technologies plans to raise $300 million through a public offering of preferred shares to purchase more Ethereum and expand its infrastructure.
Mercation Admin1 min