News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Bloomberg: US Justice Department to Drop Charges Against BitClub Figure Matthew Getchell
The US Justice Department plans to drop charges against Matthew Getchell in the BitClub Network case, which involved a $722 million Ponzi scheme.
Mercation Admin1 min - News
Meta Discontinues Image Generation Feature Using Public Instagram Photos
Meta has discontinued its Muse Image feature that generated images from public Instagram photos due to privacy concerns raised by users and critics.
Mercation Admin1 min - Crypto
Why the Fed is Worrying Bitcoin Again and How Ethereum Prepares for the Quantum Era
This week discusses Ethereum's new roadmap, the Fed's hawkish stance, Strategy's Bitcoin sale, and Solana's identity crisis.
Mercation Admin1 min - News
US Secretly Paid Ransom in Bitcoin, VPN Services Caught Spying, and Other Cybersecurity News
This week in cybersecurity: a prisoner illegally transfers $290,000 in crypto, Interpol arrests thousands, and researchers reveal free VPNs often spy on users.
Mercation Admin6 min - Crypto
Bitcoin Price Predictions for 2029: Analysts See $300,000–$500,000, But Data Suggests Otherwise
Analysts forecast Bitcoin's price could reach between $300,000 and $500,000 by 2029, but current data suggests more modest future gains.
Mercation Admin5 min - News
Apple Initiates Legal Action Against OpenAI Over Alleged Trade Secret Theft
Apple has filed a lawsuit against OpenAI and two former employees, alleging the theft of trade secrets related to hardware development.
Mercation Admin2 min - News
Meta's Chief Data Officer Discusses the Future of Agentic Commerce
Meta's Chief Data Officer Alex Schultz discusses the rise of agentic commerce and its implications for the future of business, highlighting the role of stablecoins and partnerships.
Mercation Admin5 min - News
Senate Democrats Demand Hearings on Trump's Cryptocurrency Earnings
Senate Democrats are urging hearings on President Trump's cryptocurrency profits exceeding $1.2 billion, citing concerns over conflicts of interest and foreign influence.
Mercation Admin2 min - Crypto
Empery Digital Sells Nearly Half of Bitcoin Holdings for $87 Million
Empery Digital has sold nearly half of its Bitcoin holdings, generating $87 million to pay down debt and cover legal costs.
Mercation Admin2 min - News
Xbox CEO Asha Sharma Joins Fed's AI Task Force After Layoffs
Xbox CEO Asha Sharma joins a Federal Reserve task force on AI's impact on jobs, shortly after announcing 3,200 layoffs in a significant restructuring effort.
Mercation Admin3 min - Crypto
U.S. Digital Dollar Ban to Take Effect Tonight Due to Housing Legislation
The U.S. housing bill, set to become law at midnight, includes a four-year ban on a central bank digital currency, despite President Donald Trump's opposition.
Mercation Admin4 min - Crypto
Hyundai Leads South Korea with Internal Stablecoin Transfers
Hyundai has pioneered the use of stablecoin for internal transfers, becoming the first major South Korean company to implement such a system.
Mercation Admin4 min