News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News

AMC's Adam Aron Criticizes Robinhood's Stock Tokens as 'Vile'
AMC's CEO Adam Aron criticized Robinhood for issuing stock tokens tracking AMC's shares, calling the practice 'vile' and questioning its legality.
Mercation Admin2 min - News

Service Disruptions for ChatGPT, Claude, and Grok Affect Users
Users of ChatGPT, Claude, and Grok faced service outages on Thursday, disrupting their work until services were restored later in the day.
Mercation Admin3 min - Crypto

Bitcoin ETFs Surge as Ethereum and XRP ETFs See Outflows
Bitcoin ETFs saw a significant rebound, attracting $101.15 million in inflows, while Ethereum and XRP ETFs experienced notable outflows, breaking their previous streaks.
Mercation Admin4 min - Crypto

CFTC Requests Dismissal of CME's Lawsuit Regarding Crypto Perpetual Futures
The CFTC has requested the dismissal of CME's lawsuit challenging its approval of cryptocurrency perpetual futures, stating no financial harm has been demonstrated.
Mercation Admin3 min - Crypto

Bitcoin Surges as Fed Hints at Rate Freeze, $415 Million in Shorts Liquidated
Bitcoin's value surged past $80,000 as the Fed hinted at maintaining interest rates, prompting over $415 million in liquidated short positions in the crypto market.
Mercation Admin4 min - News

Sony Rejects PS5 Buyers' $508 Million Tariff Refund Demand as 'Illogical'
Sony has filed a motion to dismiss a class action lawsuit regarding PS5 tariff refunds, claiming the demand is illogical and speculative.
Mercation Admin2 min - Crypto

Bitcoin and Gold Correlation Hits Six-Year High
The correlation between Bitcoin and gold has reached its highest level since 2020, indicating a shift in investor behavior amidst macroeconomic concerns.
Mercation Admin1 min - News

Michigan Court Halts Kalshi Sports Betting, Imposes $500K Daily Fine
A Michigan judge has issued an injunction against Kalshi, banning its sports betting operations in the state and imposing a $500,000 daily fine for non-compliance.
Mercation Admin2 min - Crypto

Traders Identify Bearish Pattern in Bitcoin Chart
Traders have spotted a bearish "Bart Simpson" pattern in Bitcoin's chart, prompting analysis on potential price corrections and market dynamics.
Mercation Admin2 min - News

Pentagon AI Executive Cashes In Millions from Perplexity Stock
Emil Michael, a Pentagon official, sold his Perplexity AI shares for millions, marking his third significant AI stock sale this year amid ongoing controversies.
Mercation Admin3 min - Crypto

Bitcoin's Potential for a Flash Crash: Understanding the 'Bart Simpson' Pattern
Bitcoin's recent price movements have stirred discussions of a potential flash crash, particularly relating to the so-called 'Bart Simpson' pattern among traders.
Mercation Admin5 min - News

OpenAI's Astra Achieves 'Critical' Status in Cybersecurity
OpenAI's Astra model has achieved a 'Critical' rating for cybersecurity, marking a significant advancement in AI's hacking capabilities.
Mercation Admin3 min