News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Ripple's RLUSD Stablecoin Launches in Japan Following Regulatory Approval
Ripple's RLUSD stablecoin has officially launched in Japan after receiving regulatory approval, allowing it to be offered to both institutional and retail users via SBI VC Trade.
Mercation Admin4 min - Crypto
Bitcoin's Crucial Support Level Faces Potential Test Ahead of PCE Data
Bitcoin has established a new support level at $59,000, which may face scrutiny following the release of U.S. core PCE inflation data on Thursday.
Mercation Admin4 min - Crypto
XRP Drops 2.8% as Weak Recovery Keeps $1 Support in Sight
XRP experienced a 2.8% decline, falling to approximately $1.07, as it struggles to regain lost support levels amidst a broader market pullback.
Mercation Admin3 min - Crypto
Bitcoin Surpasses $60,000; ETH and SOL Recover as AI Stocks Bounce Back
Bitcoin has reclaimed the $60,000 mark, while ETH and SOL have recovered from earlier losses, amidst a backdrop of fluctuating AI stocks.
Mercation Admin4 min - Crypto
Standard Chartered Predicts Aave Token Could Surge 50x by 2030
Standard Chartered predicts Aave's token could rise 50x to $3,500 by 2030, citing recovery from a liquidity crisis and growth in DeFi assets.
Mercation Admin3 min - News
Kalshi Takes Legal Action Against Illinois Over New Tax on Sports Prediction Markets
Kalshi has filed a lawsuit against Illinois over a newly imposed 15% tax on sports-related prediction market revenue, claiming the state lacks authority for such taxation.
Mercation Admin2 min - Stocks
Wendy's Gains Traction Among Meme Stock Investors
Meme stock traders are rallying around Wendy's, causing shares to spike over 25% amid calls to "save" the fast-food chain.
Mercation Admin2 min - Crypto
Bitcoin Drop Affects Ethereum, XRP, and Dogecoin Amid Market Decline
Bitcoin's recent plunge to a 21-month low has negatively impacted Ethereum, XRP, and Dogecoin, as broader market trends weigh on cryptocurrency values.
Mercation Admin3 min - News
Nous Research Introduces Animated Pets for Hermes Agent
Nous Research has unveiled a new pet feature for Hermes Agent, providing users with over 3,200 animated mascots that react to the agent's activities without functional impact.
Mercation Admin2 min - Crypto
Ethereum Foundation's Changes Spark Optimism Among Crypto Leaders
This week, the Ethereum Foundation faced significant changes, including layoffs and budget cuts, while some industry leaders remain optimistic about Ethereum's future.
Mercation Admin6 min - News
Kalshi aims for a $40 billion valuation, extending its edge over Polymarket
Kalshi is aiming for a valuation of $40 billion, which would nearly double its previous valuation, in a new funding round expected to close soon.
Mercation Admin3 min - News
Leaked Code Indicates Anthropic May Reintroduce Fable 5
Leaked information suggests that Anthropic's Fable 5 may return, included in subscription plans rather than as an additional cost.
Mercation Admin4 min