News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Galaxy Launches Retail Crypto-Backed Credit Lines for Bitcoin, Ethereum, and Solana
Galaxy has launched its GalaxyOne Crypto Portfolio Line of Credit, allowing U.S. clients to borrow against Bitcoin, Ethereum, and Solana without selling their assets.
Mercation Admin2 min - News
UK Court Rules Against Crypto CEO's Extradition Appeal
Manpreet Kohli, former CEO of Saitama, faces extradition to the U.S. over alleged market manipulation, as a UK judge dismisses his appeal.
Mercation Admin2 min - News
Dallas Fed Warns Tokenized Deposits May Impact Bank Lending by $700 Billion
The Dallas Fed indicates that tokenized deposits could significantly impact bank lending, potentially reducing interest-rate risk capacity by $700 billion.
Mercation Admin2 min - Crypto
XRP Experiences Significant Drop Amid Cryptocurrency Market Correction
XRP has experienced a notable drop of 6.23% in 24 hours, even as it retains a 35.55% gain over the past week amid broader market fluctuations.
Mercation Admin3 min - Banking Policy
Dallas Fed Economists Warn of Risks from Tokenized Deposits
Dallas Fed economists caution that tokenized deposits could destabilize banks' funding models and lending capabilities, potentially impacting consumer borrowing costs.
Mercation Admin3 min - Crypto
XRP's Recent Surge Loses Momentum: What's Next for Traders?
XRP's recent price surge is losing momentum, with a decline noted today. The cryptocurrency is navigating a complex market landscape.
Mercation Admin3 min - News
Nancy Pelosi's Bloom Energy Stock Moves Under Scrutiny
Nancy Pelosi's recent stock trades in Bloom Energy have come under scrutiny after a significant price surge followed the disclosure of her husband's investments.
Mercation Admin3 min - Crypto
Crypto Market Experiences Shift to 'Extreme Greed' for First Time Since 2024
The Crypto Fear and Greed Index has surged to 'extreme greed,' marking a significant sentiment shift in the cryptocurrency market.
Mercation Admin2 min - Crypto
Bitcoin Surges Ahead of Market: Key Factors Explained
Bitcoin's recent surge to nearly $79,000 highlights its dominance in the crypto market, while altcoins continue to lag behind.
Mercation Admin3 min - Crypto
Bitcoin Surges Past $80,000 Amid ETF Inflows Following Short Squeeze
Bitcoin surpassed $80,000, driven by ETF inflows and a significant short squeeze, marking a notable rise in the cryptocurrency market.
Mercation Admin2 min - News
Hugging Face Considers $13 Billion Sale Following OpenAI Incident
Hugging Face is considering a sale that could value the AI platform at $13 billion, following a significant security breach involving OpenAI's AI models.
Mercation Admin3 min - Crypto
Bitcoin's Surge Signals Growing Skepticism Towards the Dollar
Bitcoin's recent surge of 23.2% amidst a weakening dollar signals growing institutional interest in it as a hedge against currency debasement, alongside rising gold prices.
Mercation Admin3 min