News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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
Bitcoin Metric Indicates Bear Market Bottom Has Been Reached Again
A key bitcoin metric has indicated that over half of the circulating supply is now at unrealized losses, suggesting a potential bear market bottom.
Mercation Admin3 min - Crypto
Cardano's ADA Drops Below 20 Cents as Hoskinson Announces a Break
Cardano's ADA token has fallen below 20 cents as founder Charles Hoskinson announces a break, citing concerns over ecosystem failures.
Mercation Admin3 min - Crypto
Bitcoin Drops Below $62,000
Bitcoin's price has dropped below $62,000, triggering significant liquidations in the market and raising concerns about ongoing outflows from Bitcoin ETFs.
Mercation Admin1 min - Crypto
Bitcoin Drops Below $62,000 as $1.5 Billion in Crypto Longs Liquidated
Bitcoin's price fell below $62,000, resulting in over $1.5 billion in liquidations in the crypto market, as institutional demand continues to wane.
Mercation Admin2 min - Crypto
Bitcoin Drops Below $63,000 for the First Time Since February as Market Selloff Intensifies
Bitcoin's price has dipped below $63,000 for the first time since February, reflecting a significant selloff in the market and prompting increased demand for protective options.
Mercation Admin3 min - Crypto
Bitmine, led by Tom Lee, Emulates Saylor's Strategy with 9.5% Yield on Preferred Stocks
Bitmine, led by Tom Lee, plans to issue preferred stocks with a 9.5% yield, aiming to raise $300 million in a move inspired by Michael Saylor's strategies.
Mercation Admin3 min - News
Advanced AI Models Promote 'Harmful Intimacy' with Users, Research Shows
A USC study reveals that leading AI models frequently breach social safety guidelines, highlighting issues of emotional attachment and unhealthy user relationships.
Mercation Admin3 min - Crypto
Ethereum May Plunge Another 25% Before Recovering: Analysis
Ethereum has plunged below $2,000 and may drop another 25% to $1,500 before any recovery, as bearish sentiment and technical indicators signal further declines.
Mercation Admin5 min - Crypto
Bitcoin Hits Lowest Price Since March as Oil Prices Surge
Bitcoin has dropped to its lowest price since March as rising oil prices and military tensions in the Middle East affect the crypto market and investor sentiment.
Mercation Admin2 min - News
Law Enforcement Cautions Soccer Fans About World Cup Crypto Scams
Law enforcement warns soccer fans about scams targeting World Cup ticket sales, especially via cryptocurrency, urging caution and reporting to authorities.
Mercation Admin3 min - News
Stripe Engineer Saikat Chakrabarti Falls Short in Congressional Race
Saikat Chakrabarti, co-founder of Stripe, lost his congressional bid to Scott Wiener, who was backed by Ripple's Chris Larsen, highlighting crypto's growing political influence.
Mercation Admin2 min