News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Macro
U.S. Job Growth Declined Significantly in June with 57,000 New Positions
U.S. job growth saw a significant decline in June, with only 57,000 positions added, impacting expectations for Federal Reserve interest rate hikes.
Mercation Admin3 min - Crypto
SBI Crypto to Shut Down Mining Pool
SBI Crypto will close its Bitcoin mining pool on July 31, ceasing operations and deposits, while encouraging users to transition to other pools.
Mercation Admin1 min - Crypto
K Wave Media Exits Bitcoin for AI Amid Financial Struggles
K Wave Media, a Nasdaq-listed company, is pivoting from its bitcoin strategy to focus on AI, reporting a complete liquidation of its crypto holdings.
Mercation Admin5 min - Crypto
Robinhood Unveils 'Robinhood Chain' with Tokenized Stocks
Robinhood has launched Robinhood Chain, an Ethereum layer-2 platform focusing on tokenized stocks, alongside significant market movements in crypto and AI.
Mercation Admin4 min - Crypto
Europe's Crypto Framework Undergoes Rethink Three Years Post-MiCA
Europe is revisiting its crypto regulatory framework, MiCA, to adapt to the evolving landscape, particularly with stablecoins gaining traction.
Mercation Admin6 min - Crypto
Warsh's Remarks May Propel Bitcoin and Gold Following U.S. Jobs Report
Kevin Warsh's recent comments on inflation could trigger a rally in bitcoin and gold as the U.S. jobs report is anticipated to show labor market weaknesses.
Mercation Admin4 min - Crypto
Smaller Tokens Surge as Bitcoin and Solana Experience Significant Rally
Bitcoin and major cryptocurrencies rebound as dovish Federal Reserve signals boost smaller tokens like Memecore’s M and Audiera’s BEAT.
Mercation Admin5 min - News
Media: OpenAI Discussed Transferring 5% Stake to the U.S.
OpenAI reportedly discussed transferring a 5% stake to the U.S. government during talks with Trump's administration, potentially linked to a Public Wealth Fund.
Mercation Admin2 min - Crypto
The Flight to Quality: The Boom of Tokenized Stocks and Its Impact on the Crypto Industry
The rise of tokenized stocks is reshaping capital flows in the crypto industry, highlighting a shift towards more regulated assets as investors seek quality over speculation.
Mercation Admin13 min - Crypto
Bitcoin Surges Past $61,000 as Inflation Concerns Ease
Bitcoin has surged to over $61,000 following comments from Fed Chair Kevin Warsh indicating reduced inflation risks, contrasting with a tech stock sell-off.
Mercation Admin3 min - News
OpenAI in Talks to Offer U.S. Government 5% Stake: FT
OpenAI is reportedly contemplating a 5% equity stake for the U.S. government as part of a broader initiative to distribute AI-generated wealth to the public.
Mercation Admin3 min - News
Suspected Scattered Spider Hacker Extradited to the U.S. Over $8 Million Ransom
A 19-year-old alleged member of the hacking group Scattered Spider has been extradited to the U.S. to face charges related to an $8 million crypto ransom demand.
Mercation Admin2 min