News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Kalshi Aims for $40 Billion Valuation Following Recent $1 Billion Fundraise
Kalshi is pursuing a $40 billion valuation shortly after a $1 billion funding round, as it navigates a complex legal landscape regarding prediction markets.
Mercation Admin2 min - Stocks
Micron's Exceptional Earnings Propel Stock by 16%, Impacting Crypto Market
Micron Technology's strong Q3 earnings report led to a 16% surge in its stock, impacting AI memory stocks and providing a minor boost to the crypto market.
Mercation Admin3 min - Crypto
Bitcoin Drops to $59,000 Amid Rising DXY
Bitcoin dropped to $59,060 as the US Dollar Index hit a 13-month high, but has since recovered to $61,700 amid significant market activity.
Mercation Admin2 min - 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 - Crypto
Bitcoin Surpasses $60,000; ETH and SOL Recover as AI Stocks Bounce Back
Bitcoin has reclaimed the $60,000 mark, while ETH and SOL have recovered from earlier losses, amidst a backdrop of fluctuating AI stocks.
Mercation Admin4 min - Crypto
Standard Chartered Predicts Aave Token Could Surge 50x by 2030
Standard Chartered predicts Aave's token could rise 50x to $3,500 by 2030, citing recovery from a liquidity crisis and growth in DeFi assets.
Mercation Admin3 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 - 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