News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Celsius Founder Banned for Life from CFTC Markets
Alex Mashinsky, founder of Celsius Network, has received a lifetime ban from trading on CFTC-regulated markets following a settlement with the CFTC.
Mercation Admin1 min - News
Media: Kalshi Begins Early IPO Talks
Kalshi is reportedly in early talks for an IPO, with annual revenue exceeding $2 billion, driven by increased trading in sports markets.
Mercation Admin1 min - Crypto
XRP Declines 3% After Losing Support at $1.15 as Breakout Fails
XRP has fallen 3.4% after breaking below the crucial $1.15 support level, signaling a continuation of a downtrend that has hindered its recovery attempts.
Mercation Admin3 min - Crypto
Bitcoin Remains Below Production Costs for Five Months, Impacting Miners
Bitcoin has been trading below its mining cost for five months, impacting miners and prompting sales, according to JPMorgan.
Mercation Admin1 min - Crypto
Bitcoin Traders Intensify Bearish Positions as Prices Approach $52,000
Bitcoin traders are increasingly purchasing put options as they anticipate a deeper price decline, potentially down to $52,000.
Mercation Admin3 min - Crypto
Bitcoin Drops Below $63,000 Amid Global Risk Asset Decline
Bitcoin has fallen below $63,000 as a global sell-off in risk assets erases earlier gains linked to the U.S.-Iran peace agreement.
Mercation Admin4 min - News
Z.AI Unveils GLM-5.2: A Competitor to Claude Opus Without Nvidia Chips
Z.AI has launched GLM-5.2, an AI model competing closely with Claude Opus, built entirely on Huawei chips and boasting impressive performance metrics.
Mercation Admin4 min - News
Midjourney Shifts Focus to Healthcare with New Medical Imaging Division
Midjourney is launching a new division focused on medical imaging, aiming to develop an "Ultrasonic CT" system that can produce scans in about 60 seconds.
Mercation Admin3 min - News
CFTC Issues Permanent Trading Ban on Celsius Founder Alex Mashinsky
Alex Mashinsky, founder of Celsius, has been permanently banned from trading by the CFTC following his 12-year prison sentence for fraud.
Mercation Admin2 min - News
Algorand Aims for Quantum Computing Preparedness by End of 2027
Algorand Foundation is set to enhance its blockchain with post-quantum cryptography, aiming for readiness by the end of 2027 to combat potential quantum computing threats.
Mercation Admin3 min - News
Ethereum Foundation Sees Continued Departures with Hsiao-Wei Wang's Exit
The Ethereum Foundation faces another high-profile departure as co-director Hsiao-Wei Wang resigns, following a trend of turnover in leadership.
Mercation Admin2 min - News
Perplexity Introduces Brain, a Self-Learning Memory System for Its AI Agent
Perplexity has launched Brain, a memory system for its AI agent that enhances learning from past interactions, improving task accuracy and efficiency.
Mercation Admin3 min