News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Kentucky Takes Legal Action Against Kalshi and Polymarket in Prediction Market Dispute
Kentucky has sued Kalshi and Polymarket, accusing them of running illegal sports betting platforms, amid a growing legal conflict that may reach the U.S. Supreme Court.
Mercation Admin2 min - Stocks
Bitcoin Strategy's Preferred Stock STRC Hits Record Low
Strategy's preferred stock STRC hit an all-time low of $82.53, raising concerns about its management of fixed obligations amidst uncertainty in the market.
Mercation Admin4 min - Crypto
Traders Turn Increasingly Bearish on Bitcoin and Ethereum After Fed Meeting
Traders are increasingly bearish on Bitcoin and Ethereum as both cryptocurrencies see significant price drops following the Fed's latest meeting.
Mercation Admin2 min - Crypto
Glassnode: Bitcoin Remains in Bearish Zone
Bitcoin is currently 15% below its true market price, indicating a continued bearish trend, according to Glassnode's analysis.
Mercation Admin1 min - News
Crypto Drops Following Hawkish FOMC Meeting
Major cryptocurrencies fell 1% after a hawkish FOMC meeting, with Bitcoin priced at $64k. Illinois becomes the first state to impose a crypto tax.
Mercation Admin6 min - News
Alchemy's AI-Powered Identity and Payment Service Accesses Visa Network
Alchemy's AgentCard now integrates with Visa, allowing AI agents to make transactions seamlessly using Visa's network.
Mercation Admin3 min - News
Investors Shift Focus from Magnificent 7 and Crypto to AI Infrastructure
Investors are reallocating funds from major tech firms and bitcoin to sectors like semiconductors and space ventures, as concerns about AI spending rise.
Mercation Admin4 min - Crypto
The Dollar Index Approaches Significant Breakout, Impacting Bitcoin
The Dollar Index is nearing a significant breakout, impacting Bitcoin prices negatively as the cryptocurrency faces pressure from a strengthening dollar.
Mercation Admin4 min - Crypto
Aster's 10% Surge from Buyback and Burn Initiative Quickly Reverses
Aster's ASTER token surged over 10% after announcing a buyback and burn program but quickly fell back as market conditions turned unfavorable.
Mercation Admin3 min - Crypto
Marex Analysts: Crypto Market Positioning is 'Defensive and Thin' Post-Fed
Crypto market sentiment has turned cautious following the Federal Reserve's stance on interest rates, prompting bearish positioning among traders, according to Marex analysts.
Mercation Admin5 min - Crypto
Bitcoin Stabilizes Around $64K as Analysts Assess Support Levels Post-Fed
Bitcoin hovers around $64K, down 1% today but up 2% this week, as analysts note a $60K support level amid a hawkish Fed outlook.
Mercation Admin3 min - News
CME Group to Sue CFTC
CME Group is set to sue the CFTC over the approval of perpetual futures on Kalshi, claiming they should be regulated as swaps.
Mercation Admin1 min