News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
UN's AI Safety Panel Warns of Potential Catastrophic Risks
The UN's AI Safety Panel warns that current AI technology may pose catastrophic risks, as highlighted in their preliminary report released on July 5.
Mercation Admin3 min - Crypto
American Bitcoin Corp. Set for Reverse Stock Split Amid Price Drop
American Bitcoin Corp. will implement a 1-for-15 reverse stock split on July 2 to boost its share price amid a significant drop in stock value.
Mercation Admin2 min - News
BitMine, SharpLink, and Joe Lubin Launch Nonprofit to Boost Ethereum on Wall Street
Ethereum Institutional, a new nonprofit, aims to help Wall Street firms adopt Ethereum infrastructure, backed by Joe Lubin and treasury firms BitMine and SharpLink.
Mercation Admin2 min - Crypto
Robinhood Launches Public Blockchain, Enhancing Its Crypto Offerings
Robinhood has launched its public mainnet for Robinhood Chain, enabling tokenized stock trading in over 120 countries and introducing a decentralized lending product.
Mercation Admin4 min - Crypto
Ethereum Foundation emphasizes blockchain benefits for public sector
The Ethereum Foundation has released a policy guide for governments, emphasizing Ethereum's potential as a decentralized infrastructure for public sector applications.
Mercation Admin3 min - News
Analysts Consider CRCL Sell-Off Excessive as Circle CEO Discusses Open USD Risks
Circle's CRCL shares plunged 18% following the news of a new stablecoin launch, but analysts believe the sell-off was excessive and the company remains strong.
Mercation Admin2 min - Crypto
Bitcoin Surges to $60K After Hitting 21-Month Low as Economic Data Eases Rate Concerns
Bitcoin rebounded to $60,000 after hitting a 21-month low, buoyed by soft U.S. economic data and Fed Chair comments that eased rate hike concerns.
Mercation Admin2 min - News
Securitize's Brett Redfearn: DeFi Could Disrupt Stock Lending Ahead of NYSE Listing
Brett Redfearn from Securitize argues tokenization could revolutionize stock lending, enhancing benefits for retail investors as the firm prepares for its NYSE debut.
Mercation Admin2 min - News
Claude Fable 5 Set for Global Return Following US Export Control Lift
Claude Fable 5 will be back online globally on Wednesday, following the U.S. lifting export controls that had previously taken the model offline.
Mercation Admin3 min - Crypto
Jefferies cautions against investing in Circle as Open USD sparks competition concerns
Jefferies warns that competition from the new Open USD consortium could threaten Circle's growth and market share, advising against buying the dip in Circle shares.
Mercation Admin5 min - Crypto
Japan to Develop AI Model for Robots
Japan aims to develop a national AI model for robots, deploying 10 million AI robots by 2040, with funding of up to $6.1 billion over five years.
Mercation Admin1 min - Crypto
Cantor Fitzgerald indicates bitcoin bear market may be nearing an end
Cantor Fitzgerald reports that the bitcoin bear market may be nearing its conclusion, suggesting a possible bottom around October.
Mercation Admin4 min