News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
BlackRock's Bitcoin ETF Experiences $528 Million Outflow, Second Largest Ever
BlackRock's iShares Bitcoin Trust saw a significant $528 million outflow, its second-largest ever, amid a broader trend of withdrawals from U.S. spot bitcoin ETFs.
Mercation Admin4 min - Crypto
Fund Manager Cautions Bitcoin May Drop Further Amid $150 Billion Treasury Move
Fund manager Michael Kramer warns Bitcoin's price may decline further due to a $150 billion liquidity drain from upcoming U.S. Treasury operations.
Mercation Admin3 min - Crypto
XRP Falls 4% Below $1.30 as Significant Selling Breaches Key Support
XRP has dropped 4% below $1.30, signaling a significant shift in market sentiment as selling pressure increased and key support was breached.
Mercation Admin3 min - Crypto
Bitcoin Falls Below $73,000 Amid U.S. Strikes on Iran, Triggering $1 Billion in Liquidations
Bitcoin has fallen below $73,000 as U.S. airstrikes on Iran triggered a significant sell-off in cryptocurrencies and nearly $1 billion in liquidations.
Mercation Admin4 min - News
CFTC Seeks to Revoke Gemini Settlement It No Longer Deems Fair
The CFTC is attempting to nullify a settlement with Gemini, asserting past claims were mishandled and would not be pursued under today's standards.
Mercation Admin3 min - News
Google Engineer Charged with Insider Trading on Polymarket
Michele Spagnuolo, a Google engineer, faces charges for insider trading on Polymarket, allegedly profiting from nonpublic information about trending searches.
Mercation Admin3 min - News
Crypto Cash Fuels New Political Allies in Congress as PACs Shift Focus
The cryptocurrency sector is increasingly backing Republican candidates, with significant PAC spending leading to political victories in Texas and beyond, reshaping the landscape ahead of the midterms.
Mercation Admin9 min - News
Researchers Warn AI Chatbots Might Distort Users' Reality
A study highlights the potential for AI chatbots to distort users' perceptions of reality, introducing the term "existential drift" to describe this phenomenon.
Mercation Admin3 min - News
Elon Musk's Potential Bitcoin Control If SpaceX and Tesla Unite
Elon Musk could control over 30,221 Bitcoin if SpaceX and Tesla merge, valued at approximately $2.27 billion, ranking it among the top Bitcoin treasuries.
Mercation Admin2 min - Crypto
Ethereum Traders Shift to Bearish Sentiment as ETFs Decline and ETH Approaches $2,000
Ethereum traders are growing increasingly bearish, predicting a drop to $1,500 as ETF outflows contribute to the cryptocurrency's decline near the $2,000 mark.
Mercation Admin2 min - News
ElevenLabs and Stability AI Unveil New AI Music Models—Can They Compete with Suno?
ElevenLabs and Stability AI have unveiled new AI music models, Music v2 and Stable Audio 3.0, respectively, both targeting the dominant platform Suno.
Mercation Admin4 min - News
Stan Lee's Voice and Likeness Revived by AI Technology
Stan Lee's voice and likeness have been licensed by ElevenLabs for AI use, including a new book club and music filters, following similar deals with other celebrities.
Mercation Admin2 min