News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Surpasses $64K Resistance, Yet Death Cross Signals Caution
Bitcoin has surpassed the $64K resistance but faces a potential downturn as a death cross looms on the charts, signaling a bearish trend.
Mercation Admin4 min - News
The Privacy Dilemma in Safeguarding Children Online
Frederik Gregaard, CEO of Cardano Foundation, discusses the privacy issues surrounding age verification in light of recent legislative efforts to protect children online.
Mercation Admin5 min - Crypto
South Korea to Revise 76-Year-Old Law to Recognize Cryptocurrencies as National Assets
South Korea is set to amend its National Property Act to officially classify cryptocurrencies and intellectual property as national assets, with plans for tokenized government bonds in 2027.
Mercation Admin3 min - Crypto
Open USD Threatens Circle's USDC, According to CoinShares
CoinShares reports that Open USD could significantly impact Circle's USDC by redistributing reserve income to partners, potentially affecting their profit margins.
Mercation Admin4 min - News
Meta Employees Accuse Company of Using AI in Layoffs
Meta employees have filed a lawsuit claiming the company used AI to unfairly select workers for layoffs, disproportionately affecting those on leave or with disabilities.
Mercation Admin3 min - Crypto
CEO States Strategy Remains 'Very Secure' Until Bitcoin Hits $8,000-$10,000
MicroStrategy's CEO Phong Le stated that the company's strategy remains stable unless Bitcoin falls to $8,000-$10,000, emphasizing a focus on capital structure resilience.
Mercation Admin4 min - News
CFTC Blocks Kalshi from Canceling Trades Due to Michigan Court Order
The CFTC has ordered Kalshi to continue processing trades for Michigan residents, countering a state court's earlier ruling to cancel them.
Mercation Admin2 min - Crypto
Bitcoin Approaches $65,000 as U.S. Inflation Eases, Impacting Fed Rate Hike Speculations
Bitcoin approaches $65,000 following a significant drop in U.S. inflation, leading to reduced expectations for a Federal Reserve rate hike.
Mercation Admin4 min - News
DeepMind's Demis Hassabis Claims AGI Will Surpass Electricity and Fire
DeepMind's CEO, Demis Hassabis, forecasts that AGI will emerge within a few years, likening its significance to electricity and fire, while calling for regulatory oversight.
Mercation Admin3 min - News
The Clarity Act is not a means for sanctions evasion
Ari Redbord argues that the Clarity Act is structured to effectively combat sanctions evasion rather than facilitate it, countering criticism from Senator Elizabeth Warren.
Mercation Admin5 min - News
Mizuho Lowers Circle's Rating to Underperform, Adjusts Price Target to $50 Amid Open USD Concerns
Mizuho has downgraded Circle to underperform and reduced its price target to $50, citing competitive threats from OpenUSD affecting Circle's margins.
Mercation Admin4 min - Crypto
Bitcoin Surpasses $64K Amid Significant Inflation Decline
Bitcoin rose above $64,000 as U.S. inflation showed a significant drop, influencing market expectations for Federal Reserve interest rates.
Mercation Admin2 min