News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Struggles in September After Strong August Performance
Bitcoin has experienced a strong August but is struggling in September, facing challenges from inflation and rising rates.
Mercation Admin4 min - News
Sality Botnet Brought Down After Eight Years of Cryptocurrency Theft
The Sality botnet, operational since 2003, has been dismantled after eight years of facilitating cryptocurrency theft, with estimated losses of at least $150,000.
Mercation Admin2 min - Crypto
Strategy Resumes Bitcoin Purchases as Stock Rebounds
Strategy has resumed Bitcoin purchases amid a stock rebound, with implications for its capital-raising strategy, as analyzed by Vladimir Coen.
Mercation Admin3 min - Crypto
Understanding 'Red September': Bitcoin's Monthly Struggles
Bitcoin has historically faced losses in September, dubbed 'Red September,' with the S&P 500 showing similar trends. This year, Bitcoin opens at $77,500 amidst economic uncertainty.
Mercation Admin5 min - Crypto
Bitcoin Faces Resistance After Strong August Rally
Bitcoin's strong August performance faces challenges as it enters September, a historically weak month, with traders predicting potential price movements.
Mercation Admin4 min - Crypto
DeFi Development Corp Seeks $20 Million to Expand SOL Holdings
DeFi Development Corp. is seeking $20 million through a preferred stock offering, primarily to enhance its SOL holdings, which have recently expanded to over 2.3 million SOL.
Mercation Admin2 min - News
Ark Invest Acquires $37 Million in Block Shares
Cathie Wood's Ark Invest has invested $37.4 million in Block Inc., diversifying the purchase across three ETFs.
Mercation Admin2 min - News
WSJ: Anthropic's Computing Power to Be Located at Hut 8 Campus
Anthropic will set up its computing power at Hut 8's Texas campus as part of a $35 billion deal with Lambda, according to reports.
Mercation Admin1 min - News
Gal Gadot Advocates for AI in Bitcoin Film: 'Adapt or Be Left Behind'
Gal Gadot discusses her role in the AI-driven film "Bitcoin: Killing Satoshi," emphasizing the need to adapt to new technologies in the industry.
Mercation Admin3 min - Crypto
Saylor Resumes Bitcoin Purchases After Selling
MicroStrategy's Saylor resumes Bitcoin purchases after a summer sell-off, acquiring 4,603 BTC at $80,318 each, while ETF inflows remain strong.
Mercation Admin5 min - Crypto
Solana Transaction Fees Surge by 80% in Three Months
Solana's transaction fees have surged by 80% over the past three months, with record transaction numbers and increasing validator tips.
Mercation Admin1 min - News
Saylor Calls on MSCI to Reconsider 'Discriminatory' Eligibility Test
Michael Saylor and Phong Le request MSCI to rescind a proposed rule that could exclude Strategy from its indexes, calling it discriminatory and misguided.
Mercation Admin2 min