News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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 - Crypto
CFTC Requests Dismissal of CME's Lawsuit Regarding Crypto Perpetual Futures
The CFTC has requested the dismissal of CME's lawsuit challenging its approval of cryptocurrency perpetual futures, stating no financial harm has been demonstrated.
Mercation Admin3 min - Crypto
Bitcoin Surges as Fed Hints at Rate Freeze, $415 Million in Shorts Liquidated
Bitcoin's value surged past $80,000 as the Fed hinted at maintaining interest rates, prompting over $415 million in liquidated short positions in the crypto market.
Mercation Admin4 min - News
Sony Rejects PS5 Buyers' $508 Million Tariff Refund Demand as 'Illogical'
Sony has filed a motion to dismiss a class action lawsuit regarding PS5 tariff refunds, claiming the demand is illogical and speculative.
Mercation Admin2 min - News
Harneys and droppRWA to Test Tokenized Catastrophe Bonds
Harneys and droppRWA are set to issue blockchain-secured catastrophe bonds, aiming to innovate market entry options and streamline investor processes.
Mercation Admin1 min - Crypto
SoFi Partners with Kraken to Integrate Banking Network and Stablecoin
SoFi has partnered with Kraken to integrate its banking network and stablecoin, SoFiUSD, enhancing liquidity and transaction capabilities for customers.
Mercation Admin2 min - Crypto
Bitcoin and Gold Correlation Hits Six-Year High
The correlation between Bitcoin and gold has reached its highest level since 2020, indicating a shift in investor behavior amidst macroeconomic concerns.
Mercation Admin1 min - News
New York Implements One-Year Ban on Generative AI in Lower Grades
New York has banned generative AI for younger students, impacting 600,000 kids starting in the 2026/27 school year, while allowing limited use for high schoolers.
Mercation Admin1 min - News
Nvidia to Acquire Hugging Face for $12.93 Billion
Nvidia has announced its acquisition of Hugging Face for $12.93 billion, aiming to enhance AI development while keeping the platform open.
Mercation Admin1 min - News
Coldcard Hacker Begins Exchanging Stolen Bitcoins
A hacker associated with Coldcard's third wave of thefts has begun exchanging stolen bitcoins for Ethereum, moving about 10% of the funds.
Mercation Admin1 min - News
AI Creates New Freelance Job Market
The freelance market is evolving with a growing demand for professionals to refine AI-generated content, reflecting significant shifts in creative work dynamics.
Mercation Admin3 min