News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
New ARMA Bill Seeks to Establish Bitcoin Reserve Legally
The American Reserve Modernization Act aims to establish a strategic Bitcoin reserve under U.S. law, managed for at least 20 years, as part of a broader digital asset strategy.
Mercation Admin3 min - News
Trump Delays AI Executive Order Citing Potential Risks to US Leadership Over China
President Trump has delayed an AI executive order over concerns it might hinder U.S. leadership in AI technology compared to China.
Mercation Admin2 min - Stocks
Bank of America Maintains Buy Rating on Nvidia, Raises Target Price
Bank of America maintains a buy rating on Nvidia and raises its price target to $350 after the company reports record quarterly revenue.
Mercation Admin5 min - News
US Government Allocates $2 Billion to Quantum Computing Amid Bitcoin Threat
The U.S. government is investing over $2 billion in quantum computing to address potential threats to encryption, particularly concerning Bitcoin and Ethereum.
Mercation Admin3 min - News
Attempted Kidnapping of The Sandbox Co-Founder's Wife Reported
The wife of Sébastien Borget, co-founder of The Sandbox, was targeted in a kidnapping attempt at their home in France, with two teenagers arrested and four suspects still at large.
Mercation Admin2 min - Crypto
Aave Unlocks Ethereum-Collateralized Loans Across Six Networks
Aave has restored Ethereum-collateralized loans across six networks, marking a significant recovery step following the Kelp hack.
Sarah Chen1 min - Crypto
Bitcoin Falls Below $77,000
Bitcoin's price has dropped below $77,000, influenced by rising Treasury yields and geopolitical tensions, leading to significant market reactions.
Marcus Reid3 min - Crypto
$1.07 Billion Withdrawn from Crypto Funds Amid Geopolitical Risks
Cryptocurrency investment products saw $1.07 billion in outflows from May 11 to 15, driven by geopolitical tensions, particularly regarding Iran.
James Park1 min - News
Weekly Recap: New Fed Chair and $10 Million THORChain Hack
This week saw Bitcoin stabilize around $78,000, Kevin Warsh appointed as the new Fed Chair, and a $10 million hack of THORChain.
Aisha Patel5 min - News
CFTC Discusses Use of AI to Detect Insider Trading
The CFTC is leveraging AI to monitor insider trading, focusing on suspicious activities in offshore markets like Polymarket, according to Chairman Michael Selig.
Marcus Reid1 min - News
THORChain Team Reveals Details of $10 Million Hack
THORChain developers confirmed a $10 million hack and denied any compensation programs, warning users against scams.
Marcus Reid1 min - News
Cybersecurity Weekly: Phishing Scams, Fake Repositories, and More
This week's cybersecurity highlights include the identification of a $19 million phishing mastermind and a fake OpenAI repository spreading malware.
Aisha Patel6 min