News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Strategy Halts Bitcoin Purchases to Build $3 Billion Cash Reserve
Strategy has ceased its Bitcoin purchases since June 22, focusing instead on amassing a $3 billion cash reserve for greater liquidity.
Mercation Admin4 min - Crypto
BitMine Acquires $49 Million in Ethereum as Demand for Robinhood Chain Surges
BitMine has acquired $49 million in Ethereum, boosting its total to nearly 4.8% of the circulating supply as demand for Robinhood Chain rises.
Mercation Admin2 min - Crypto
Robinhood Chain: A Blockchain for Tokenized Stocks Overrun by Memecoins
Robinhood Chain has quickly gained traction, amassing $135 million in value and 800,000 addresses, yet most activities are centered around memecoins rather than its intended tokenized stocks.
Mercation Admin6 min - Crypto
Bolivia considers incorporating Tether's USDT into its payment framework
Bolivia is exploring the integration of Tether's USDT into its national payment system, reflecting a shift towards regulated cryptocurrency use.
Mercation Admin3 min - Crypto
Robinhood Chain Leads in DEX Volume
Robinhood Chain has quickly risen to the top of DEX volume rankings, processing $3.1 billion in just one week after its public mainnet launch.
Mercation Admin1 min - News
Texas Data Centers Bypass Public Environmental Oversight
Texas data center developers are using streamlined permits to bypass public environmental oversight, raising concerns about pollution and regulatory compliance.
Mercation Admin3 min - News
Strategy Increases Cash Reserves to $3 Billion, Avoids Bitcoin Purchases for Third Week
Strategy has increased its cash reserves to $3 billion while avoiding Bitcoin purchases for the third week in a row, raising concerns about its financial strategy.
Mercation Admin2 min - News
UK Treasury Report Highlights Ripple in Tokenization Efforts
A UK Treasury report highlights Ripple's role in transitioning tokenized financial assets onto blockchain networks, proposing a hybrid model for market integration.
Mercation Admin4 min - Crypto
BitMine's Ether Holdings Increase to 5.77 Million Tokens, Representing 4.8% of Supply
BitMine has expanded its Ethereum treasury to 5.77 million ETH, making up 4.8% of the total supply, while Chairman Tom Lee emphasizes the utility of Ethereum.
Mercation Admin3 min - News
Report: Tokenization Could Bring £33 Billion to UK Economy by 2035
A report indicates that the UK could gain £33 billion annually by 2035 through tokenization of real-world assets, emphasizing the need for swift regulatory adaptation.
Mercation Admin1 min - News
Bank of Thailand Targets Unusual Stablecoin Transactions in Grey Economy Efforts
The Bank of Thailand is using data analytics to identify unusual stablecoin trades, particularly targeting Tether's USDT, amid a crackdown on illicit financial activities.
Mercation Admin2 min - Crypto
Wall Street Transfer Agents Urge SEC to Prioritize Issuer-Backed Tokens
The Securities Transfer Association is advocating for SEC preference for issuer-sponsored tokenized securities over third-party models, citing risks to market integrity.
Mercation Admin11 min