News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Meta Begins Testing Robots in Data Centers
Meta is testing robots in its data centers for technical tasks, sparking concerns among employees about job security as automation increases.
Mercation Admin2 min - Crypto
Emerging Threats to DeFi Liquidity from AI Agents
This week, key developments in the crypto space include a quantum-resistant Bitcoin transaction and Nvidia's potential acquisition of Hugging Face.
Mercation Admin1 min - Crypto
Solana Accelerates Inflation Reduction for SOL Tokens
Solana's on-chain governance approved a proposal to double the annual disinflation rate for SOL tokens, significantly accelerating the path to its inflation target.
Mercation Admin2 min - Crypto
Bitcoin Price Retreats Amid Hawkish Fed Signals, Sentiment Remains Optimistic
Despite a recent dip in Bitcoin's price following Fed comments, long-term sentiment among traders remains optimistic, favoring a rise to $84,000.
Mercation Admin3 min - News
Meta Experiments with Robots for Data Center Operations
Meta is trialing robots for data center tasks, raising concerns about job impacts as automation increases. The robots still require human assistance.
Mercation Admin2 min - News
Evernorth Advances Toward Nasdaq Listing with SEC Approval
Evernorth Holdings is one step closer to listing on Nasdaq after the SEC approved its merger with Armada Acquisition Corp. II, pending shareholder vote.
Mercation Admin3 min - News
U.S. Cities Move to Limit AI Data Centers Amid Water Concerns
Cities in the U.S. are imposing restrictions on AI data centers due to concerns over water usage and environmental impact, with Austin recently voting to draft new regulations.
Mercation Admin3 min - Crypto
Solana Increases Disinflation Rate Amid Intense Governance Vote
Solana validators have voted to double the disinflation rate, reducing SOL issuance, a move seen as potentially bullish for the token's price despite some controversy.
Mercation Admin4 min - Macro
Fed Chair Warsh Highlights AI as a Pivotal Moment in History
Fed Chair Kevin Warsh described artificial intelligence as a pivotal point in history during his keynote speech, highlighting its rapid growth and economic implications.
Mercation Admin4 min - Crypto
Charles Schwab Expands Crypto Offerings to Include Additional Coins
Charles Schwab is set to expand its crypto trading platform by adding Solana, Avalanche, and Chainlink, enhancing client options beyond Bitcoin and Ethereum.
Mercation Admin2 min - News
IREN's Shares Decline Amid Rising AI Transition Expenses
IREN's shares fell over 8% after reporting a $684 million loss in Q4, with AI cloud revenue surpassing Bitcoin mining for the first time.
Mercation Admin2 min - Crypto
Bitcoin Market Stagnates as Fed Chair Warsh Offers No Clear Direction
Bitcoin shows little movement as Fed Chair Kevin Warsh refrains from providing clarity on future monetary policy during his keynote at Jackson Hole.
Mercation Admin3 min