News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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 - 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 - News
ECB Board Member Highlights Privacy Features of Digital Euro
Piero Cipollone of the ECB asserts that the digital euro will ensure maximum privacy for users, addressing concerns about surveillance in digital transactions.
Mercation Admin2 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 - News
Gold Reaches Three-Month Peak as Bitcoin Surpasses $80,000
Gold prices hit a three-month high as Bitcoin surpassed $80,000, driven by a weaker dollar and increased demand for gold-backed ETFs.
Mercation Admin2 min - News
Taiwan's Wealthiest Man Emerges from AI Component Surge
Lin Zong-chi, the founder of King Slide Works, becomes Taiwan's richest man due to soaring demand for AI server components, with his wealth reaching $20.3 billion.
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 - Economy
AI Boom Mitigates Economic Slowdown in the Asia-Pacific Region
The Asia-Pacific economy is set for a slowdown, yet the AI boom is cushioning the impact. Moody's Analytics highlights a dual-speed economy driven by technology.
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