News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
HSBC to Cut 70% of Wealth Management Consultants for AI
HSBC is planning to lay off 70% of its wealth management consultants as it shifts towards AI-driven automation.
Mercation Admin1 min - Crypto
Crypto Prices Decline as Tom Lee Sets Ether Purchase Limit
The cryptocurrency market faces declines as Tom Lee announces a 5% purchase limit on ether, coinciding with rising interest rates and a global bond sell-off.
Mercation Admin1 min - Crypto
Reflection AI Launches Open AI Model to Compete with Chinese Products
Reflection AI has launched Beam, an open-weight AI model with 501 billion parameters, aimed at competing with Chinese AI products.
Mercation Admin1 min - Crypto
Bitcoin Faces Pressure as Price Dips Below $86,000
Bitcoin's price has dipped below $86,000 amid selling pressure, raising concerns among traders about a potential bearish trend.
Mercation Admin1 min - Crypto
Bitcoin Marks Anniversary of ATH at 32% Below Record High
Bitcoin commemorates the one-year anniversary of its ATH at $126,000, currently trading at approximately $86,000, down 32%.
Mercation Admin2 min - News
Solana Foundation Launches Instant Trade Settlement Program with JPMorgan's Expertise
The Solana Foundation has unveiled Solana DvP, a program for rapid trade settlements, developed with JPMorgan's expertise to reduce counterparty risks.
Mercation Admin1 min - Crypto
4chan Bitcoin Prediction Suggests Today's Crypto Winter Is Ending
A 4chan post predicted Bitcoin's peak on October 6, 2025, and suggests a cycle low today, as Bitcoin trades around $86,100.
Mercation Admin1 min - Crypto
Bitcoin Experiences Stronger Golden Cross Amid Market Optimism
Bitcoin has shown positive momentum, trading at $86,100 as market conditions improve and a golden cross signals bullish trends.
Mercation Admin2 min - News
NEXTPredict Founder Highlights Untapped Potential in Prediction Markets
The NEXTPredict conference aims to explore the potential of prediction markets, featuring notable media figures and industry leaders.
Mercation Admin2 min - Crypto
Bitcoin Surpasses $86,000 as Traders Adjust Expectations for Fed Rate Hike
Bitcoin surpassed $86,000 following a weak U.S. jobs report, influencing traders' views on the Fed's rate hike plans.
Mercation Admin1 min - News
OKXICE Sets Plans for Continuous Tokenized Stock Trading Under SEC Exemption
OKXICE plans to launch a 24/7 trading platform for tokenized U.S. stocks under the SEC's Innovation Exemption, allowing trading with stablecoins.
Mercation Admin2 min - News
Altman Advocates Accepting AI's Harms for Its Benefits
Sam Altman argues for accepting certain risks of AI for its benefits, highlighting OpenAI's stance on regulation and safety measures.
Mercation Admin2 min