News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Falls to 13th Largest Asset as Investors Shift to AI and Precious Metals
Bitcoin has dropped to the 13th largest asset as investors shift their focus to AI and precious metals, reflecting a challenging year for the cryptocurrency.
Mercation Admin3 min - Crypto
OpenZeppelin CEO Declares DeFi Unsafe Due to AI Hacking Threats
OpenZeppelin's CEO warns that AI advancements have rendered DeFi platforms highly vulnerable, amid a significant drop in total value locked and increasing hacking incidents.
Mercation Admin3 min - Crypto
Massive $1.29 Billion Sale of BlackRock's Bitcoin ETF in Dark Pool
A staggering $1.29 billion worth of BlackRock's bitcoin ETF shares were sold in a single dark pool trade, signaling a significant trend of withdrawals from U.S.-listed ETFs.
Mercation Admin3 min - Stocks
SharpLink and Forward Industries to Join Russell Indices
SharpLink Gaming and Forward Industries are set to join the Russell 3000 and Russell 2000 indices, following the recent inclusion of BitMine Immersion Technologies.
Mercation Admin1 min - News
IBM Accelerates AI Model Using Quantum Processor
IBM has reported a quantum enhancement of a large language model using a 156-qubit processor, achieving improved accuracy in text generation.
Mercation Admin1 min - Crypto
XRP Holds Steady at $1.32
XRP prices have stabilized at $1.32 after failing to break through $1.36, with key resistance at $1.36-$1.38 and support at $1.30.
Mercation Admin1 min - News
DuckDuckGo Downloads Surge 30% Following Google AI Update
DuckDuckGo saw a 30% increase in app downloads in the U.S. after Google's AI-focused search update, reflecting user pushback against forced AI integration.
Mercation Admin1 min - News
TD Cowen Analysts Doubt Passage of U.S. Crypto Market Bill
TD Cowen analysts express skepticism about the U.S. CLARITY Act's chances of passing this year due to a deteriorating political environment.
Mercation Admin1 min - News
Crypto PACs Invest $9 Million in Texas, Achieve Bipartisan Success
Crypto PACs have spent over $9 million in Texas, leading to victories for candidates from both major parties, highlighting the sector's growing political influence.
Mercation Admin3 min - Crypto
Bitcoin's Uptrend Against Gold Ends Amid ETF Shifts
Bitcoin's three-month uptrend against gold has ended as ETF flows shift towards gold and precious metals, indicating a potential preference for gold among investors.
Mercation Admin3 min - Crypto
XRP Holds Steady Around $1.32 Amidst Failed Breakout and Tightening Trading Range
XRP is currently trading around $1.32 after failing to break out past $1.36, remaining within a narrowing range that traders are closely monitoring.
Mercation Admin3 min - Crypto
Bitcoin Approaches $75,000 as Traders Monitor 'Golden Cross', ZEC Drops 9%
Bitcoin is nearing $75,000 while traders are observing a potential 'golden cross' on the charts, amidst a notable decline in Zcash.
Mercation Admin4 min