News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Bernstein: Robinhood to Earn $586 Million from Prediction Markets
Bernstein predicts Robinhood will earn $586 million from prediction markets during the World Cup, a significant increase from previous years.
Mercation Admin1 min - News
U.S.-Iran Peace Deal Boosts Markets Amid Middle East Uncertainties
Markets are responding positively to a U.S.-Iran peace agreement set for June 19, despite ongoing risks in the Middle East and Federal Reserve concerns.
Mercation Admin5 min - News
TechCrunch: AI Justification for Layoffs
Tech companies are increasingly citing AI as a reason for layoffs, even amid growth, according to TechCrunch. This trend raises concerns about trust and managerial practices.
Mercation Admin3 min - News
Philippines Implements Stricter Regulations for Crypto Listings, Prohibits Privacy Coins
The Philippines has tightened cryptocurrency regulations, requiring rigorous due diligence for token listings and banning privacy coins like Monero and Zcash.
Mercation Admin3 min - Crypto
Bitcoin Surges Past $65K Following US-Iran Agreement, Caution Persists Among Traders
Bitcoin has surpassed $65,000 following a US-Iran deal, yet traders remain cautious about the sustainability of this surge amid ongoing market challenges.
Mercation Admin3 min - Crypto
Middle East Peace Deal and Fed Decision: Upcoming Week in Crypto
The upcoming week will focus on a potential Middle East peace deal and the Federal Reserve's interest-rate decision, impacting the crypto market.
Mercation Admin4 min - Crypto
ESMA Requires Unlicensed Crypto Platforms to Exit EU
ESMA mandates that unlicensed crypto platforms cease operations in the EU by July 1, impacting thousands of firms and traders, especially in France.
Mercation Admin1 min - Crypto
Bitcoin Approaches $66,000
Bitcoin's price neared $66,000 following President Trump's announcement about a deal with Iran and the reopening of the Strait of Hormuz.
Mercation Admin1 min - News
KPMG Withdraws AI Agency Report Due to Misleading Claims
KPMG has retracted its report on AI agents after organizations disputed its claims about their use of the technology, highlighting inaccuracies and misleading statements.
Mercation Admin2 min - Crypto
Bitcoin Surpasses $64,000 Following Pakistan Prime Minister's Remarks on Iran Peace Deal
Bitcoin has surged past $64,000, driven by significant ETF inflows and positive geopolitical news from Pakistan regarding an impending Iran peace deal.
Mercation Admin3 min - News
Google Takes Legal Action Against Chinese Cybercrime Group for Using Gemini AI in Phishing Operations
Google has filed a lawsuit against Outsider Enterprise, a Chinese cybercrime group, for allegedly using Gemini AI to conduct phishing scams that targeted U.S. citizens.
Mercation Admin2 min - Crypto
Etherealize Founder Discusses Wall Street's Shift Towards Ethereum
Etherealize's Vivek Raman discusses Wall Street's deeper engagement with Ethereum, emphasizing the shift from pilot projects to real-world applications.
Mercation Admin4 min