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 - Crypto
Record 10.83 million BTC Now Held at a Loss
The number of Bitcoin held at a loss has reached a historic high of 10.83 million BTC, while long-term holders now command 14.8 million coins.
Mercation Admin3 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 - News
Anthropic Launches AI Agent for Team Collaboration in Slack
Anthropic has introduced Claude Tag, an AI tool for Slack that enhances team collaboration by integrating AI into work channels.
Mercation Admin1 min - News
South Korean Regulator Fines Bithumb for Data Breach
South Korea's PIPC has fined Bithumb 210 million won for unauthorized data transfers to foreign firms, highlighting the need for stricter data protection protocols.
Mercation Admin1 min - Crypto
How Euro Stablecoins Lost a Battle That Never Started
Euro stablecoins are struggling to compete with dollar and lira counterparts, facing regulatory hurdles and lack of demand.
Mercation Admin5 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 - News
US Democrats Urge SEC to Strengthen Oversight of AI Trading
US lawmakers are urging the SEC to enhance oversight of AI trading agents amid concerns about market integrity and accountability.
Mercation Admin1 min - News
Physicist Challenges Microsoft’s Claims on Topological Qubit
Physicist Henry Legg questions Microsoft’s claims about topological qubits, arguing that their data does not support the existence of a stable superconducting gap.
Mercation Admin2 min - Crypto
Bitcoin's Price Movement Challenges Max Pain Theory Ahead of Options Expiry
Bitcoin's recent price drop challenges the max pain theory as it remains far below the $72,000 mark ahead of a significant options expiry.
Mercation Admin4 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
MemeCore's M Token Plummets 80% Without Clear Reason
MemeCore's M token has experienced a drastic 74% drop in value, erasing nearly $3 billion in market cap without any clear explanation or announcement.
Mercation Admin4 min