News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- 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
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 - 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 - Stocks
Wendy's Gains Traction Among Meme Stock Investors
Meme stock traders are rallying around Wendy's, causing shares to spike over 25% amid calls to "save" the fast-food chain.
Mercation Admin2 min - Crypto
Bitcoin Drop Affects Ethereum, XRP, and Dogecoin Amid Market Decline
Bitcoin's recent plunge to a 21-month low has negatively impacted Ethereum, XRP, and Dogecoin, as broader market trends weigh on cryptocurrency values.
Mercation Admin3 min - News
Leaked Code Indicates Anthropic May Reintroduce Fable 5
Leaked information suggests that Anthropic's Fable 5 may return, included in subscription plans rather than as an additional cost.
Mercation Admin4 min - News
Physicist Questions Microsoft’s Quantum Computing Claims
Physicist Henry Legg challenges Microsoft's claims regarding its Majorana 2 quantum chip, asserting the company has not proven the existence of a topological qubit.
Mercation Admin3 min - Crypto
'Stop Acquiring Bitcoin': Analyst Urges Focus on Cash as STRC Plummets
CryptoQuant's Julio Moreno advises Strategy to halt Bitcoin purchases and focus on cash reserves as STRC hits a record low amid rising dividend obligations.
Mercation Admin3 min - News
New York Man Sentenced to 15 Months for $1.4M Crypto Scam
Noman Saleem, 39, was sentenced to 15 months in prison for defrauding investors of $1.4 million by impersonating crypto influencers on Telegram.
Mercation Admin2 min - News
Trump Cancels Signing of Bipartisan Housing Legislation with CBDC Ban
President Trump has canceled the signing of a bipartisan housing bill that includes a ban on a U.S. central bank digital currency, calling it 'of minor importance.'
Mercation Admin2 min - Crypto
Strategy Shares Plummet Below $100 as Bitcoin Approaches $60K
Strategy shares have dropped below $100 as Bitcoin's price declines toward $60,000, raising concerns about the company's Bitcoin holdings.
Mercation Admin2 min - News
Gold, Silver, and Bitcoin Decline as Debasement Trade Reverses
Gold, silver, and Bitcoin have sharply declined as markets adjust to anticipated Fed rate hikes, with precious metals falling significantly from their 2025 highs.
Mercation Admin3 min