News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
JPMorgan Lowers Forecasts for Circle and Coinbase Due to Hyperliquid
JPMorgan has downgraded its profit forecasts for Circle and Coinbase due to their new partnership with Hyperliquid, which poses risks for the USDC stablecoin.
Mercation Admin2 min - Crypto
Bitcoin Surpasses $64K Amid Significant Inflation Decline
Bitcoin rose above $64,000 as U.S. inflation showed a significant drop, influencing market expectations for Federal Reserve interest rates.
Mercation Admin2 min - Crypto
Boundless Shifts Focus from ZKP to AI Computation
Boundless is shifting its focus from ZKP computations to AI model inference, expanding its GPU network and optimizing costs significantly.
Mercation Admin1 min - Crypto
UK Delays Capital Gains Tax on DeFi Lending and Liquidity Pools
The UK’s HMRC will classify crypto deposits in DeFi lending as "no gain, no loss," deferring capital gains tax until actual asset disposal from April 2027.
Mercation Admin2 min - Crypto
JPMorgan Warns Hyperliquid's Growth Poses Risk to Circle's USDC
JPMorgan warns that Hyperliquid's new partnership with Circle and Coinbase could harm the economics of USDC, creating competitive pressures that may impact revenue.
Mercation Admin4 min - News
Trading Volume on Prediction Markets During World Cup 2026 Reached $50 Billion
During the World Cup 2026, prediction markets Kalshi and Polymarket saw trading volumes soar to $50 billion, outpacing traditional sportsbooks.
Mercation Admin1 min - Crypto
EthSystems, a New Spinout from the Ethereum Foundation, Aims to Enhance Blockchain Privacy for Banks
EthSystems, a new startup from the Ethereum Foundation, aims to develop privacy solutions for banks using Ethereum technology, amid significant organizational changes within the foundation.
Mercation Admin3 min - Banking Policy
US Banks Urge Closure of Loopholes in Stablecoin Yield Ban
US banking associations are urging the Senate to clarify the CLARITY Act to prevent stablecoin yield loopholes, emphasizing the need for regulatory clarity.
Mercation Admin2 min - Crypto
Fidelity’s Lai Highlights Balance-Sheet Management as Key for Tokenization in Pension Funds
Giselle Lai of Fidelity International emphasizes that the main advantage of tokenized funds for pension funds is in balance-sheet management rather than liquidity.
Mercation Admin4 min - News
ECB Selects Banks for Digital Euro Testing
The ECB has selected 36 banks and payment firms for a pilot program to test the digital euro, set to begin in 2027.
Mercation Admin2 min - News
ILO Assesses AI's Impact on Workers in ASEAN Countries
The ILO reports that nearly 80 million workers in ASEAN are at risk of AI exposure, but mass job displacement is not yet evident.
Mercation Admin2 min - Stocks
Benchmark Raises Hut 8 Price Target to $165 Amid AI Transition
Benchmark has increased its price target for Hut 8 to $165, driven by the potential of the Beacon Point AI data center project.
Mercation Admin4 min