News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Sony Rejects PS5 Buyers' $508 Million Tariff Refund Demand as 'Illogical'
Sony has filed a motion to dismiss a class action lawsuit regarding PS5 tariff refunds, claiming the demand is illogical and speculative.
Mercation Admin2 min - Crypto
Bitcoin and Gold Correlation Hits Six-Year High
The correlation between Bitcoin and gold has reached its highest level since 2020, indicating a shift in investor behavior amidst macroeconomic concerns.
Mercation Admin1 min - News
Michigan Court Halts Kalshi Sports Betting, Imposes $500K Daily Fine
A Michigan judge has issued an injunction against Kalshi, banning its sports betting operations in the state and imposing a $500,000 daily fine for non-compliance.
Mercation Admin2 min - News
Pentagon AI Executive Cashes In Millions from Perplexity Stock
Emil Michael, a Pentagon official, sold his Perplexity AI shares for millions, marking his third significant AI stock sale this year amid ongoing controversies.
Mercation Admin3 min - Crypto
Bitcoin's Potential for a Flash Crash: Understanding the 'Bart Simpson' Pattern
Bitcoin's recent price movements have stirred discussions of a potential flash crash, particularly relating to the so-called 'Bart Simpson' pattern among traders.
Mercation Admin5 min - News
OpenAI's Astra Achieves 'Critical' Status in Cybersecurity
OpenAI's Astra model has achieved a 'Critical' rating for cybersecurity, marking a significant advancement in AI's hacking capabilities.
Mercation Admin3 min - News
AI Billionaires Launch Advertising Campaign Amid Rising Data Center Opposition
AI billionaires are launching an ad campaign in key states to counter growing opposition to data centers, which has reached 61%.
Mercation Admin2 min - Crypto
Bitcoin Struggles in September After Strong August Performance
Bitcoin has experienced a strong August but is struggling in September, facing challenges from inflation and rising rates.
Mercation Admin4 min - Crypto
Understanding 'Red September': Bitcoin's Monthly Struggles
Bitcoin has historically faced losses in September, dubbed 'Red September,' with the S&P 500 showing similar trends. This year, Bitcoin opens at $77,500 amidst economic uncertainty.
Mercation Admin5 min - Crypto
Bitcoin Faces Resistance After Strong August Rally
Bitcoin's strong August performance faces challenges as it enters September, a historically weak month, with traders predicting potential price movements.
Mercation Admin4 min - News
X Users Report Unsolicited Password Reset Emails Amid Security Concerns
X users are inundated with unsolicited password reset emails and login alerts, prompting concerns about account security and potential breaches.
Mercation Admin5 min - Crypto
Saylor Resumes Bitcoin Purchases After Selling
MicroStrategy's Saylor resumes Bitcoin purchases after a summer sell-off, acquiring 4,603 BTC at $80,318 each, while ETF inflows remain strong.
Mercation Admin5 min