News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Public Bitcoin Miners Cut Hashrate by 15% Over Six Months
Public Bitcoin miners have reduced their hashrate by 15% in the first half of the year, reallocating resources towards AI infrastructure despite significant costs.
Mercation Admin1 min - News
Crusoe Secures $3 Billion at $30 Billion Valuation, Reports Bloomberg
Crusoe raised $3 billion, achieving a valuation of $30 billion, with major clients including Meta and Microsoft.
Mercation Admin1 min - News
OpenAI Launches Limited Access to GPT-6 Astra
OpenAI has launched GPT-6 Astra with limited access, promising enhanced capabilities in various tasks and introducing a $1 billion cybersecurity initiative.
Mercation Admin4 min - Crypto
IMF Reports El Salvador Has Not Purchased Bitcoin in Over a Year
The IMF has confirmed that El Salvador has not bought Bitcoin in over a year, relying instead on private donations for crypto wallet transactions.
Mercation Admin1 min - Crypto
Bitcoin Tests $82,000 Amid Record ETF Inflows
Bitcoin surged to $82,000, bolstered by record ETF inflows and a 4% daily gain, while Ethereum also saw significant gains at $2,500.
Mercation Admin2 min - News
Utah Pioneers Age Verification Law Targeting VPNs
Utah has enacted a pioneering law requiring age verification for websites, impacting users of VPNs and placing penalties on operators for non-compliance.
Mercation Admin3 min - Crypto
Hyperscale Data Transitions from Bitcoin Mining to AI Venture Worth $1.2 Billion
Hyperscale Data has halted Bitcoin mining at its Michigan site to focus on an AI contract potentially worth over $1.2 billion, planning to sell its mining servers in the process.
Mercation Admin2 min - Crypto
PONS Token Surges 18,000% Since July on Robinhood Chain
PONS, the meme coin on Robinhood Chain, has skyrocketed 18,000% since July, trading at $0.5978 as of September 3, 2026.
Mercation Admin4 min - News
Bernie Sanders Proposes Legislation to Ban Advanced AI Development
Sen. Bernie Sanders and Rep. Greg Casar have introduced legislation to ban artificial superintelligence and pause advanced AI development until safety regulations are established.
Mercation Admin2 min - News
OpenAI Unveils GPT-6 Astra: A Significant Step Towards AGI
OpenAI has launched GPT-6 Astra, which Greg Brockman claims represents a major leap towards achieving artificial general intelligence (AGI).
Mercation Admin3 min - News
Service Disruptions for ChatGPT, Claude, and Grok Affect Users
Users of ChatGPT, Claude, and Grok faced service outages on Thursday, disrupting their work until services were restored later in the day.
Mercation Admin3 min - Crypto
Bitcoin ETFs Surge as Ethereum and XRP ETFs See Outflows
Bitcoin ETFs saw a significant rebound, attracting $101.15 million in inflows, while Ethereum and XRP ETFs experienced notable outflows, breaking their previous streaks.
Mercation Admin4 min