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Editorial-quality coverage of global financial markets, policy, and macro trends.
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BNY Reports Asset Managers Driven by 'FOMO' to Tokenized Funds
Asset managers are increasingly motivated by 'FOMO' to explore tokenized ETFs, despite unresolved regulatory issues. BNY notes firms are eager to establish a presence in the tokenized finance landscape.
Mercation Admin4 min - News
Crypto-PAC Spent Over $8 Million on U.S. Primaries
Crypto-related political committees have spent over $8 million on media support for candidates in the upcoming U.S. primaries, with significant funds directed towards specific campaigns.
Mercation Admin1 min - News
Ethereum Foundation Cuts Staff by 20%
The Ethereum Foundation has reduced its workforce by 20% as part of a reorganization, offering severance and support to affected employees.
Mercation Admin1 min - Crypto
Bitcoin Hits Two-Week Low of $62K Amid Tech Stock Volatility
Bitcoin dropped to a two-week low of $62K as tech stocks declined, reflecting shifting investor risk appetite amid expectations of interest rate hikes.
Mercation Admin3 min - Crypto
Chainlink Collaborates with 47 Banks to Enhance Global Money Transfers
Chainlink has partnered with 47 banks to facilitate near-instant, stablecoin-based international payments, aiming to transform foreign-exchange transactions between Europe and South Korea.
Mercation Admin5 min - News
Amazon MGM Cancels Film About Sam Altman
Amazon MGM Studios has canceled the film about Sam Altman and OpenAI, stating it would be better suited for another studio.
Mercation Admin1 min - News
Ethereum Foundation Reduces Workforce by 20% in Streamlining Effort
The Ethereum Foundation has announced a 20% workforce reduction, letting go of 54 employees as part of a restructuring aimed at efficiency and focus.
Mercation Admin2 min - News
Researchers Enhance Logical Qubit Fidelity to 96% on IBM Heron
Researchers from the University of Sydney and IBM have improved the survival rate of logical qubits to 96% through a new error correction mechanism.
Mercation Admin1 min - News
Ethereum Foundation to Reduce Budget by 40% Amid Leadership Changes
Vitalik Buterin announced a 40% budget cut for the Ethereum Foundation, coinciding with significant staff reductions and leadership changes.
Mercation Admin3 min - News
European Parliament Committee Supports Digital Euro Bill
The European Parliament's Economic Committee has backed the digital euro bill, aiming to create an ECB-issued electronic currency for online and offline use.
Mercation Admin2 min - Crypto
Deutsche Bank Attributes Bitcoin's Decline to Fed, ETF, and AI Factors
Deutsche Bank attributes Bitcoin's recent decline to pressures from the Fed, ETF outflows, and a shift towards AI investments.
Mercation Admin4 min - News
Experts Explain the CBDC Ban for the U.S. Federal Reserve
The U.S. Senate has approved a bill banning the Federal Reserve from issuing a digital dollar until 2030, reflecting a significant stance against CBDCs.
Mercation Admin3 min