News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BIS highlights stablecoins resemble ETFs rather than true currency, increasing FX risks
The Bank for International Settlements (BIS) asserts that stablecoins resemble ETFs more than actual currency, raising concerns about foreign exchange risks.
Mercation Admin5 min - Crypto
BitMEX Executive Team Overhaul: CEO, CFO, and Chief Growth Officer Depart
BitMEX has dismissed its CEO, CFO, and Chief Growth Officer as it seeks a buyer amid ongoing challenges in the cryptocurrency market. Peter Wilkinson has been appointed as the new CEO.
Mercation Admin3 min - Crypto
BIS Declares Stablecoins Unsuitable as Money
The BIS report criticizes stablecoins for lacking essential monetary properties and warns of potential risks to financial systems and monetary sovereignty.
Mercation Admin1 min - Crypto
South Korea's $518 Billion Investment in AI Chips Signals Crypto's Capital Struggles
South Korea's $518 billion investment in AI chips highlights the ongoing capital drain from the cryptocurrency sector as major firms pivot towards AI technology.
Mercation Admin4 min - Crypto
Weekly Recap: Bitcoin Hits Local Low and Ethereum Foundation Restructures
Bitcoin dipped to $58,000, while the Ethereum Foundation announced a 40% budget cut and restructuring. SpaceX lost $600 billion in market cap over three days.
Mercation Admin4 min - News
EMURGO Plans to Start SecondFi Refunds in Two Weeks
EMURGO plans to start refunding SecondFi users in two weeks after an exploit affected 374 addresses, leading to significant losses.
Mercation Admin1 min - Crypto
Disparity Between Stablecoin Founders and Volume Concentration
Despite stablecoin transactions exceeding $28 trillion in 2025, the concentration of founders and venture capital remains largely in the U.S. and Europe, overlooking emerging markets where demand is surging.
Mercation Admin5 min - Crypto
Insights from Robinhood's Layoffs on Crypto Investment Trends
Robinhood's recent layoffs reflect the current crypto market cycle, indicating a late bear market but presenting opportunities for strategic investments, say experts.
Mercation Admin6 min - Crypto
CoinEx Denies WSJ Allegations of $3.84 Billion Iranian Fund Transfers
CoinEx has denied WSJ's claims of facilitating $3.84 billion in Iranian fund transfers, asserting it does not engage with Iranian state entities or sanctioned individuals.
Mercation Admin3 min - News
Ukraine Transfers Seized Crypto Assets to State Control
Ukraine has transferred seized crypto assets worth over 8.3 million USDT to state control, marking a historic first for the country.
Mercation Admin1 min - News
CZ Attributes 2026 Crypto Market Decline to AI, Global Tensions, and Market Cycles
Changpeng "CZ" Zhao, Binance's founder, discusses the multifaceted causes behind the crypto market's decline in 2026, including AI investments and geopolitical tensions.
Mercation Admin6 min - News
Meta Explores Partnership with Polymarket and Kalshi
Meta is exploring a partnership with Polymarket and Kalshi while developing its own prediction market service, Arena, aiming for significant user engagement.
Mercation Admin1 min