News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Falls Below $64,000 After Fed Meeting
Bitcoin's price dropped below $64,000 following the Fed's first meeting under Kevin Warsh, as the market reacted to potential interest rate hikes.
Mercation Admin1 min - Crypto
Bitcoin and Ether ETFs Experience $111 Million in Outflows Amid Fed Rate Outlook
Bitcoin and ether ETFs witnessed $111 million in outflows as the Federal Reserve adopted a more hawkish stance on interest rates, signaling a shift in market sentiment.
Mercation Admin1 min - Stocks
Strategy's STRC Preferred Stock Falls to Record Low
Strategy's STRC preferred stock has dropped to a record low of $89, halting the company's ability to raise funds for bitcoin purchases.
Mercation Admin4 min - Crypto
Cryptocurrency Prices Decline Following Fed's Hawkish Tone Despite Positive Stock News
Cryptocurrencies experienced a downturn as the Fed signaled a hawkish stance on inflation, despite a peace deal with Iran boosting stock markets.
Mercation Admin4 min - News
Survey Reveals AI's Growing Role in Therapy Sessions
A survey shows that a majority of psychologists report patients discussing AI's role in mental health, raising concerns about dependency and safety.
Mercation Admin3 min - Crypto
Kentucky's Legal Action Against Prediction Markets Contradicts Trump's Stance
Kentucky's attorney general has filed lawsuits against Kalshi and Polymarket for allegedly operating illegal sports betting, challenging Trump's stance on prediction markets.
Mercation Admin5 min - Crypto
Fidelity Enters Stablecoin Reserve Management Market
Fidelity Investments is launching a money market fund for stablecoin reserves, following State Street's similar initiative, as competition heats up in this growing market.
Mercation Admin4 min - Crypto
CoinFund and Coinbase Invest in Trace Finance's $32 Million Funding Round
Trace Finance has raised $32 million in a Series A funding round led by CoinFund, with plans to expand its stablecoin services across Latin America and beyond.
Mercation Admin2 min - News
FIFA Employs Avalanche Blockchain to Combat Ticket Scalping at World Cup
FIFA is utilizing Avalanche's blockchain to create a new ticketing system aimed at reducing scalping and fraud during the World Cup.
Mercation Admin6 min - Crypto
Bitcoin Dips as Federal Reserve Emphasizes Price Stability under Kevin Warsh
The Federal Reserve maintained interest rates amid global tensions, impacting Bitcoin and other cryptocurrencies as they reacted to the announcement.
Mercation Admin2 min - News
Fed Maintains Interest Rates Steady in Kevin Warsh's First Meeting
The Federal Reserve has kept its benchmark interest rate steady while signaling a potential shift towards higher rates in the future under new Chairman Kevin Warsh.
Mercation Admin4 min - News
GLAAD Highlights AI's Threats to LGBTQ Community and Calls for Action
GLAAD's report highlights the detrimental effects of AI on LGBTQ individuals, calling for ethical practices and better representation in AI development.
Mercation Admin3 min