News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Dips Below $59K as ETFs Experience $692M Outflow, Options Expiry Approaches
Bitcoin fell below $59,000, influenced by significant ETF outflows and an upcoming options expiry, marking a challenging period for the cryptocurrency.
Mercation Admin3 min - News
Media: OpenAI to Limit GPT-5.6 Release at US Government's Request
The Trump administration has requested OpenAI to limit the release of GPT-5.6 due to safety concerns, leading to a staggered rollout for select clients.
Mercation Admin3 min - News
BitGo Reduces Workforce by 15% Amid AI Transition
BitGo is reducing its workforce by nearly 15% as part of a strategic shift towards AI and enhanced security, according to CEO Mike Belshe.
Mercation Admin2 min - News
Anthropic Accuses Alibaba-Linked Operators of Distilling Claude
Anthropic has accused Alibaba-linked operators of conducting a large-scale distillation attack on its AI model, Claude, raising concerns about unauthorized access and competition.
Mercation Admin2 min - News
Anthropic Calls for Congressional Action Against AI Model Distillation by Chinese Entities
Anthropic has urged Congress to take action against AI model distillation practices by Alibaba affiliates, claiming it poses a national security risk.
Mercation Admin3 min - Crypto
CoinEx Refutes Claims of Facilitating Sanctioned Iranian Crypto Transactions
CoinEx has denied allegations of facilitating over $3.8 billion in crypto transactions linked to sanctioned Iranian platforms, asserting its neutrality and lack of official ties to Iranian entities.
Mercation Admin2 min - Stocks
STRC Stock Shows Increasing Correlation with Bitcoin
STRC, the perpetual preferred stock of Strategy Inc., is now closely tracking Bitcoin's price movements, diminishing its effectiveness as a stable income source.
Mercation Admin4 min - News
California Launches Dashboard to Monitor AI Job Impacts
California has introduced a dashboard to track AI-related job losses, responding to fears of automation impacting the labor market.
Mercation Admin2 min - News
Rebranding of a16z-Backed Crypto Firm to Address AI Copyright Issues
The former Story Protocol is now the DATA Foundation, focusing on AI copyright solutions and developing infrastructure for verifying AI training data.
Mercation Admin4 min - Crypto
Traders Anticipate Further Declines for Bitcoin and Ethereum Following Monthly Losses Exceeding 20%
Traders are predicting further declines for Bitcoin and Ethereum, with expectations of drops to $55,000 and $1,500, respectively, as bearish sentiment grows.
Mercation Admin3 min - News
BlackBerry's Remarkable Resurgence as a Key Player in AI and Robotics
BlackBerry is experiencing a significant revival, transforming from a mobile phone maker to a key software provider for AI and robotics, with shares soaring nearly 23% after strong earnings.
Mercation Admin4 min - News
Strategy Maintains 10-Month Cash Reserve for Dividends Amid Investor Distrust
Strategy has enough cash reserves to meet dividend payments for nearly 10 months, yet trust among retail investors is diminishing due to significant price drops.
Mercation Admin4 min