News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Binance and Changpeng Zhao Face $200M Lawsuit from UK Investors
Binance and its CEO Changpeng Zhao are being sued for nearly $200 million in the U.K. by around 1,700 investors over alleged unapproved financial products.
Mercation Admin2 min - News
New York Life Investment Management Launches First Tokenized Bond Fund
New York Life Investment Management has launched its first tokenized fund in partnership with Centrifuge, allowing access to a high-yield corporate bond strategy via blockchain.
Mercation Admin2 min - News
Ramp Study: Companies Investing in AI are Increasing Employment
A Ramp study reveals that companies investing heavily in AI are actually increasing job opportunities, with notable growth in entry-level hires, countering fears of job losses.
Mercation Admin4 min - Crypto
Circle's Stock Declines as Open USD Stablecoin Launches with Major Backers
Circle's stock fell nearly 16% after the launch of Open USD, a new stablecoin backed by over 140 firms including Coinbase and Visa.
Mercation Admin2 min - Crypto
MetaMask Introduces Yield-Generating Money Account on Monad
MetaMask has unveiled its Money Account, a self-custody wallet feature that offers stablecoin yield, payments, and trading, enhancing user experience.
Mercation Admin2 min - News
Nasdaq Enhances Market Data Distribution via Blockchain
Nasdaq is set to distribute its TotalView market data via the Pyth Network, making it accessible through blockchain infrastructure for financial firms.
Mercation Admin3 min - Crypto
Institutional Demand Declines, Creating $4.4 Billion Bitcoin Supply Overhang
A significant supply overhang of $4.4 billion in Bitcoin emerges as institutional demand declines sharply, raising concerns about future price recovery.
Mercation Admin4 min - News
UK's FCA Establishes Comprehensive Crypto Regulations
The FCA has introduced comprehensive regulations for crypto firms in the UK, requiring authorization and setting standards ahead of the October 2027 implementation date.
Mercation Admin3 min - News
'47 Ronin' Director Sentenced to 30 Months for Fraudulent Spending
Carl Rinsch, director of '47 Ronin,' faces 30 months in prison after misappropriating $11M from Netflix for a sci-fi series and gambling it on Dogecoin.
Mercation Admin2 min - Crypto
Bitcoin's Correlation with USD/JPY Falls to -0.90, Challenging Carry Trade Theory
Bitcoin's correlation with the USD/JPY exchange rate has reached -0.90, challenging the traditional carry trade theory that associates yen strength with risk aversion in crypto markets.
Mercation Admin4 min - Crypto
Bitcoin Struggles Below $60,000 as Yen Reaches 40-Year Low Against Dollar
Bitcoin struggles to maintain its value below $60,000 as the Japanese yen hits a 40-year low against the U.S. dollar, affecting market volatility.
Mercation Admin4 min - Stocks
Strategy Ends Nine-Day Decline as Bitcoin Firm Unveils Strong Capital Plan
Strategy shares ended a nine-day decline following the introduction of a new capital management framework, boosting investor confidence.
Mercation Admin2 min