News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
JP Morgan's Jamie Dimon Criticizes Coinbase's CEO Over Clarity Act
JP Morgan's Jamie Dimon criticized Coinbase's Brian Armstrong over the Clarity Act, claiming Armstrong is the sole advocate spending heavily on it.
Mercation Admin3 min - Crypto
Dimon Intensifies Criticism of Stablecoin Rewards in CLARITY Act Discussion
JPMorgan's Jamie Dimon warns the CLARITY Act may fail without addressing banks' concerns on stablecoin rewards, escalating tensions with Coinbase.
Mercation Admin4 min - Crypto
Wintermute Links Kalshi and Polymarket by Providing Liquidity
Wintermute is now providing liquidity to Polymarket and Kalshi, enhancing trading efficiency in the prediction market space.
Mercation Admin2 min - News
Paxos Secures SEC Approval for Blockchain-Based Stock Clearing
Paxos Securities Settlement Company has received SEC approval to provide clearing and settlement services, marking a significant milestone for blockchain in traditional finance.
Mercation Admin3 min - News
U.S. Treasury Secretary Rules Out Digital Dollar
U.S. Treasury Secretary Scott Bessent has ruled out the introduction of a central bank digital currency, aligning with the previous administration's stance.
Mercation Admin1 min - Crypto
OKX Ventures acquires $53 million stake in Coinone exchange
OKX Ventures and Korea Investment & Securities will each invest $53 million for significant stakes in Coinone, enhancing their presence in the Korean crypto market.
Mercation Admin3 min - Crypto
XRP Surges Past $1.30 Amid Volume Spike, Yet Bears Retain Dominance
XRP has bounced back above $1.30 after a surge in trading volume, but it still faces significant resistance and bearish sentiment in the broader market.
Mercation Admin3 min - Crypto
Sui Network Faces Extended Outage Again Just Months After Previous Incident
Sui Network is currently facing a significant outage, marking another downtime just months after a similar incident in January.
Mercation Admin2 min - Crypto
Tether's USAT Stablecoin Surges Over 500% in April, Yet Trails Competitors
Tether's USAT stablecoin skyrocketed over 500% in April, reaching $140.8 million, but still trails behind major competitors like USDC and PYUSD.
Mercation Admin3 min - Crypto
Bitwise Invests in Hyperliquid as HYPE ETFs Gain Popularity
Bitwise is betting on Hyperliquid as interest in HYPE ETFs rises, indicating a positive shift in investor sentiment.
Mercation Admin3 min - Crypto
Standard Chartered Maintains $40K Ethereum Price Forecast Amid DeFi Growth
Standard Chartered has reaffirmed its bullish stance on Ethereum, maintaining a price target of $40,000 by the end of the decade, citing the cryptocurrency's dominance in DeFi and stablecoins.
Mercation Admin3 min - Crypto
Asia's Regulated Crypto Future: Insights and Trends
Asia's regulatory advancements in crypto and stablecoins are transforming payments and remittances, with Singapore, Hong Kong, India, and Korea leading the way.
Mercation Admin7 min