News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
OpenAI Files Confidential IPO Registration, Timing Uncertain
OpenAI has filed a confidential S-1 for a potential IPO, but has not confirmed when it might go public.
Mercation Admin1 min - News
Apple Launches Enhanced Siri as Company Accelerates AI Development
Apple has launched an enhanced Siri AI, integrating advanced conversational and visual capabilities, as part of its broader AI strategy.
Mercation Admin4 min - Crypto
Bernstein Predicts Bitcoin Could Reach $150K Despite Retail Investor Shift
Bernstein analysts believe Bitcoin's current decline is a sign of institutional stability, maintaining a $150K price target for the cryptocurrency by year-end.
Mercation Admin2 min - News
Sam Bankman-Fried Seeks Pardon from President Trump
Sam Bankman-Fried has formally requested a presidential pardon from Donald Trump while serving a 25-year sentence for fraud.
Mercation Admin2 min - Crypto
JPMorgan: Cash Reserves Crucial for Strategy's Investor Confidence
JPMorgan analysts suggest that boosting cash reserves is vital for Strategy to regain investor confidence following a recent Bitcoin sale that impacted stock performance.
Mercation Admin2 min - News
Sam Bankman-Fried Seeks Presidential Pardon from Trump
Sam Bankman-Fried, serving a 25-year sentence for fraud, has filed a clemency request for a presidential pardon from Donald Trump, despite previous indications from the president that he should not expect clemency.
Mercation Admin4 min - News
Congress to Examine Cryptocurrency Tax Regulations: Key Insights
The House Ways and Means Committee is set to discuss new cryptocurrency tax proposals, focusing on taxation of staking rewards and small transactions in a hearing this Tuesday.
Mercation Admin3 min - Crypto
Strategy Acquires Bitcoin, Boosts Cash Reserves After Major Stock Decline
Strategy has acquired 1,550 Bitcoin for $101 million, increasing its total holdings to 845,256 BTC and restoring its cash reserves to $1 billion.
Mercation Admin2 min - Crypto
Bitcoin Surges to $63K, Liquidating $540M in Shorts, Highest in 7 Weeks
Bitcoin's recent surge to $63,800 led to the liquidation of $540 million in short positions, the highest since April, though experts warn the trend may not be sustainable.
Mercation Admin3 min - News
Labour Accuses Farage of Avoiding Scrutiny Over £5 Million Gift
Labour Party accuses Nigel Farage of avoiding scrutiny over a £5 million gift from Tether billionaire Christopher Harborne, raising questions about transparency and accountability.
Mercation Admin3 min - Crypto
Cryptocurrencies Face Pressure as Oil Prices Surge by 3%
The two-year U.S. Treasury yield has hit a new high of 4.19%, impacting cryptocurrencies like Bitcoin, which fell nearly 14% last week.
Mercation Admin1 min - Crypto
Bitcoin Dips Below $63,000 Amid Iran-Israel Tensions and Korean Market Decline
Bitcoin has fallen below $63,000 as escalating tensions between Iran and Israel impact market sentiment and contribute to declines in Asian stocks.
Mercation Admin3 min