News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Tether to Wind Down Alloy Project and aUSDT Token
Tether has announced the phased closure of its Alloy project and the aUSDT token, citing a shift in user activity and market demand.
Mercation Admin1 min - Crypto
XRP Drops 4% Below $1.20 as Rally Stalls Near Resistance
XRP has fallen 4% below $1.20 after strong selling pressure, but buyers stepped in above $1.17 to stabilize the price.
Mercation Admin4 min - Crypto
Bitwise CIO Predicts Slower, Less Volatile Crypto Bull Market Ahead
Bitwise CIO Matt Hougan predicts that the upcoming crypto bull market will be slower and less volatile as investor focus shifts to stablecoins and tokenization.
Mercation Admin4 min - Crypto
Fidelity Enters Stablecoin Reserve Management Market
Fidelity Investments is launching a money market fund for stablecoin reserves, following State Street's similar initiative, as competition heats up in this growing market.
Mercation Admin4 min - Crypto
Coinbase's Strategy to Navigate the Crypto Downturn by Reducing Dependence on Trading Fees
Coinbase is shifting its strategy to reduce its dependence on trading fees by expanding into derivatives, payments, and AI, aiming for a more stable revenue model.
Mercation Admin5 min - Crypto
CoinFund and Coinbase Invest in Trace Finance's $32 Million Funding Round
Trace Finance has raised $32 million in a Series A funding round led by CoinFund, with plans to expand its stablecoin services across Latin America and beyond.
Mercation Admin2 min - Crypto
Understanding Hyperliquid: A Leading Decentralized Exchange
Hyperliquid is a leading decentralized exchange focusing on perpetual futures, processing trillions in volume since 2023 and attracting institutional interest.
Mercation Admin7 min - Stocks
BitGo Stock Rises Following $50 Million Share Repurchase Amid Ongoing Struggles
BitGo's stock surged nearly 20% after the announcement of a $50 million share buyback, yet remains significantly below its IPO price.
Mercation Admin3 min - Crypto
Hyperliquid Increases Open Interest to $10 Billion
Hyperliquid's open interest has exceeded $10 billion, making it a leading platform for perpetual futures trading, driven by new markets for traditional assets.
Mercation Admin1 min - Crypto
Bittensor's New Proposal Could Transform Validators into Fund Managers
Bittensor's proposal, Root Reborn, aims to transform validators into active capital allocators similar to fund managers, enhancing yield distribution methods.
Mercation Admin4 min - Macro
China's Central Bank Calls for Monitoring Stablecoins' Role in Payments
The People's Bank of China emphasizes the need to monitor stablecoins' influence on international payments and calls for improved payment infrastructure.
Mercation Admin2 min - News
Kanoo Dynasty Heir Shifts $6 Trillion Trade to Blockchain
Abdulla Kanoo's ARP Digital is transforming a $6 trillion trade market by developing blockchain-based payment infrastructure for emerging economies, targeting a $32 trillion market by 2030.
Mercation Admin4 min