News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Drops to $59,000 Amid Rising DXY
Bitcoin dropped to $59,060 as the US Dollar Index hit a 13-month high, but has since recovered to $61,700 amid significant market activity.
Mercation Admin2 min - News
US Democrats Urge SEC to Strengthen Oversight of AI Trading
US lawmakers are urging the SEC to enhance oversight of AI trading agents amid concerns about market integrity and accountability.
Mercation Admin1 min - News
Physicist Challenges Microsoft’s Claims on Topological Qubit
Physicist Henry Legg questions Microsoft’s claims about topological qubits, arguing that their data does not support the existence of a stable superconducting gap.
Mercation Admin2 min - Crypto
Bitcoin's Price Movement Challenges Max Pain Theory Ahead of Options Expiry
Bitcoin's recent price drop challenges the max pain theory as it remains far below the $72,000 mark ahead of a significant options expiry.
Mercation Admin4 min - Crypto
Bitcoin and Ether Lead $1 Billion Liquidation Amid Ongoing AI Trade
Bitcoin and ether experienced a significant $1 billion in liquidation losses as market volatility continues, influenced by a mix of external and internal factors.
Mercation Admin1 min - Crypto
MemeCore's M Token Plummets 80% Without Clear Reason
MemeCore's M token has experienced a drastic 74% drop in value, erasing nearly $3 billion in market cap without any clear explanation or announcement.
Mercation Admin4 min - Crypto
Ripple's RLUSD Stablecoin Launches in Japan Following Regulatory Approval
Ripple's RLUSD stablecoin has officially launched in Japan after receiving regulatory approval, allowing it to be offered to both institutional and retail users via SBI VC Trade.
Mercation Admin4 min - Crypto
Bitcoin's Crucial Support Level Faces Potential Test Ahead of PCE Data
Bitcoin has established a new support level at $59,000, which may face scrutiny following the release of U.S. core PCE inflation data on Thursday.
Mercation Admin4 min - Crypto
XRP Drops 2.8% as Weak Recovery Keeps $1 Support in Sight
XRP experienced a 2.8% decline, falling to approximately $1.07, as it struggles to regain lost support levels amidst a broader market pullback.
Mercation Admin3 min - Crypto
Bitcoin Surpasses $60,000; ETH and SOL Recover as AI Stocks Bounce Back
Bitcoin has reclaimed the $60,000 mark, while ETH and SOL have recovered from earlier losses, amidst a backdrop of fluctuating AI stocks.
Mercation Admin4 min - Crypto
Standard Chartered Predicts Aave Token Could Surge 50x by 2030
Standard Chartered predicts Aave's token could rise 50x to $3,500 by 2030, citing recovery from a liquidity crisis and growth in DeFi assets.
Mercation Admin3 min - News
Kalshi Takes Legal Action Against Illinois Over New Tax on Sports Prediction Markets
Kalshi has filed a lawsuit against Illinois over a newly imposed 15% tax on sports-related prediction market revenue, claiming the state lacks authority for such taxation.
Mercation Admin2 min