News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Remains in Death Cross Amid Jobs Report and Rate Hike Adjustments
Bitcoin is trading at $64,938, experiencing a slight rise despite a bearish outlook linked to recent job losses in the U.S. economy.
Mercation Admin3 min - News
OpenAI to Launch a $300 Doughnut-Shaped Speaker by 2027
OpenAI plans to release a doughnut-shaped smart speaker priced between $300 and $400 by 2027, amidst legal challenges from Apple over trade secrets.
Mercation Admin3 min - Crypto
Long-Dormant Bitcoin Wallet Transfers Millions After 14 Years
A Bitcoin wallet inactive for over 14 years has transferred 49.97 BTC, now valued at $3.2 million, raising questions about its future use.
Mercation Admin3 min - Crypto
OKX's Rafique Skeptical About Clarity Act's Passage, Sees Bitcoin Already Priced for Optimism
Haider Rafique from OKX expresses doubt about the Clarity Act's passage, suggesting that the optimism surrounding it is already reflected in bitcoin's price.
Mercation Admin5 min - News
AI Companies Seek Human Data Amid Concerns Over Model Collapse
AI companies are increasingly acquiring human data, including books and likenesses, amid concerns of model collapse and ethical implications.
Mercation Admin9 min - Crypto
Polymarket Implements Changes to Combat Settlement Manipulation
Polymarket is shifting to time-weighted average prices to counteract manipulation in its cryptocurrency markets, responding to trader concerns and research findings.
Mercation Admin4 min - News
Bloomberg Sources Reveal Design of OpenAI's New Device
OpenAI's new gadget, resembling a hockey puck, is set for a 2027 release with advanced features and a price tag over $300.
Mercation Admin1 min - News
FTX's Resilience and the Importance of the CLARITY Act
The CLARITY Act's failure to pass highlights the intersection of traditional finance and digital assets, as discussed by Randi Abernethy.
Mercation Admin6 min - Crypto
Trading Volume of Perpetual Futures on CEX Hits 2023 Lows
In July, trading volumes for perpetual futures on CEX dropped to a 2023 low of $4 trillion, with Binance leading the market.
Mercation Admin1 min - Crypto
Russia Targets Unlicensed Crypto Exchanges Allegedly Tied to Ukraine
Russia's FSB has arrested over 20 individuals linked to unlicensed crypto exchanges, claiming they funneled money from scams to support Ukraine's military efforts.
Mercation Admin3 min - News
Tokenized Asset Deposits Surge to $7.4B Amid DeFi Decline: CoinShares
Deposits of tokenized real-world assets surged to $7.4 billion, while total DeFi deposits fell by 15%, according to CoinShares and Token Terminal.
Mercation Admin3 min - News
SpaceX and Tesla Invest $17 Billion in Chip Manufacturing Plant
SpaceX and Tesla have announced an investment of $17 billion in a new chip manufacturing plant in Texas, creating thousands of jobs.
Mercation Admin3 min