News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Ondo Finance appoints ex-Invesco ETF leader to enhance onchain investment offerings
Ondo Finance has appointed John Hoffman, former Invesco ETF executive, to lead the expansion of its onchain investment products.
Mercation Admin3 min - Crypto
Bitcoin ETF Outflows Linked to Arbitrage, Not SpaceX
Recent Bitcoin ETF outflows are attributed to arbitrage activities rather than investors reallocating funds for upcoming IPOs like SpaceX, according to Sygnum's CIO, Fabian Dori.
Mercation Admin4 min - Crypto
Bitcoin ETFs Lose $2.1 Billion in June Amid Market Decline
In June, spot Bitcoin ETFs have lost $2.1 billion, reflecting a broader market selloff that has seen total net assets drop significantly.
Mercation Admin3 min - News
SQC Secures Additional Investment for Quantum Chip Production
Silicon Quantum Computing has secured an additional AUD 40 million for its quantum chip production, bringing total investments to AUD 60 million.
Mercation Admin1 min - News
Citadel Warns of AI Token Spending Decline Before SpaceX IPO
Citadel warns of a potential decline in AI token spending as the SpaceX IPO approaches, while major cryptocurrencies rebound.
Mercation Admin5 min - Crypto
Michael Saylor and Jack Mallers Clash Over Bitcoin Reporting Metrics
Michael Saylor and Jack Mallers engaged in a heated debate at BTC Prague regarding Strategy's bitcoin valuation metrics and the implications of equity issuance on shareholder value.
Mercation Admin3 min - Crypto
Hungary to Lift Strict Restrictions on Crypto Market
Hungary plans to lift strict restrictions on the crypto market, allowing for greater participation and compliance ease for local firms.
Mercation Admin1 min - News
IMF Calls for Nepal to Regulate Rising Crypto Activity Despite Ban
The IMF has highlighted a rise in cryptocurrency usage in Nepal, urging the country to regulate the sector despite its existing ban.
Mercation Admin4 min - News
Polymarket and Ventuals Estimate SpaceX's Valuation at $2 Trillion Ahead of IPO
As SpaceX prepares for its IPO, platforms like Polymarket and Ventuals estimate its valuation to be between $1.8 trillion and $2.1 trillion, significantly higher than initial estimates.
Mercation Admin3 min - News
Bithumb's CEO Investigated in South Korean Bribery Case
Bithumb's CEO, Lee Jae-won, is under investigation for alleged bribery related to hiring a lawmaker's relative, as South Korean authorities intensify their probe.
Mercation Admin2 min - News
Anthropic CEO Calls for Stricter AI Oversight
Dario Amodei, CEO of Anthropic, advocates for stricter AI regulations, including mandatory safety checks and external audits, to address potential risks and labor market disruptions.
Mercation Admin2 min - Crypto
Bitcoin Surges, Maintaining Above Crucial Technical Levels Unbroken by Ether and Solana
Bitcoin's price has surged above crucial technical levels, increasing its market dominance to 59%, while major altcoins struggle to maintain momentum.
Mercation Admin5 min