News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bernstein Sets Ambitious $150,000 Bitcoin Target
Bernstein analysts maintain a $150,000 Bitcoin target by year-end, citing favorable capital flows and market maturity despite a 54% drop from peak levels.
Mercation Admin3 min - Crypto
Vanguard Seeks Digital Assets Chief as Crypto Strategy Evolves
Vanguard is on the lookout for a head of digital assets, a key position aimed at reshaping its strategy in the cryptocurrency and blockchain sectors.
Mercation Admin3 min - Crypto
Two Traders Sue Polymarket
Two traders have filed a lawsuit against Polymarket over a Bitcoin sale dispute, claiming the platform changed the rules after the fact.
Mercation Admin1 min - News
Binance Captures 80% of TradFi Trading Volumes
In June, Binance dominated TradFi trading with 80% market share in perpetual futures, driven by its expansion into traditional finance and the SpaceX listing.
Mercation Admin1 min - Crypto
Japanese Firms Embrace Bitcoin and XRP Amid Yen Weakness
Japanese corporations are increasingly adopting bitcoin and XRP as a hedge against a weak yen, with SBI VC Trade reporting over 2 million registered accounts.
Mercation Admin3 min - Crypto
Galaxy Transitions Former Bitcoin Farm to AI Computing
Galaxy Digital has completed the first phase of its Helios campus transformation, leasing 133 MW to CoreWeave for AI computing, with plans for further expansion.
Mercation Admin2 min - Crypto
Strategy Shifts to Net Seller After BTC Sales
Strategy has sold $216 million in Bitcoin, becoming a net seller for the first time, while maintaining a strong cash reserve of over $2.55 billion.
Mercation Admin4 min - News
AI Identifies Vitalik Buterin's Anonymous Text
Vitalik Buterin confirmed that AI accurately identified him as the author of an anonymous Ethereum document, highlighting concerns over online anonymity.
Mercation Admin2 min - Crypto
CryptoQuant Warns of Bitcoin Risk Falling Below $58,000
CryptoQuant analyst TheChessOnChain warns that Bitcoin could fall below $58,000 if historical patterns hold, as the NUPL indicator approaches critical levels.
Mercation Admin2 min - News
Traders Take Legal Action Against Polymarket Over Bitcoin Market Decision
Two traders are suing Polymarket, claiming it wrongfully ruled against a Bitcoin sale by Strategy, seeking payouts and damages.
Mercation Admin2 min - Crypto
U.S. Bitcoin Demand Weakens, Casting Doubt on July Gains
Bitcoin's recent gains in July appear vulnerable due to weak demand in the U.S., raising concerns among analysts regarding its sustainability.
Mercation Admin4 min - Crypto
Digital Chamber Urges Court to Dismiss Lawsuit Over Inactive Bitcoin Addresses
The Digital Chamber has filed an amicus brief urging the New York Supreme Court to dismiss a lawsuit claiming rights to inactive Bitcoin wallets, warning of risks to digital asset custody.
Mercation Admin3 min