News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Outperforms S&P 500 with 2.6% Gain Amid Market Decline
Bitcoin rose 2.6% on Monday, outperforming the S&P 500, which fell 0.5%, marking a rare reversal in recent trends.
Mercation Admin3 min - News
Minnesota Accuses xAI of Creating a Market for Digital Sexual Violence
Minnesota's Attorney General accuses xAI of fostering digital sexual violence through its AI tools, challenging a new law that aims to restrict such content.
Mercation Admin1 min - News
Bitpanda Faces First MiCA Penalty in Europe with €70,000 Fine
Austria's FMA has imposed a €70,000 fine on Bitpanda, marking the first disclosed penalty under the EU's MiCA regulation for procedural and disclosure violations.
Mercation Admin2 min - News
South Korean Regulator Limits Access to Polymarket
The Korea Communications Standards Commission has blocked access to Polymarket, labeling it an illegal gambling platform, citing concerns over various market types.
Mercation Admin1 min - News
Kraken Launches US Stock Trading in Europe
Kraken has launched US stock trading for EEA users, offering commission-free access through its app.
Mercation Admin1 min - News
AI Agent Terminates Employee at Andon Market
An AI agent named Luna has fired its first employee at Andon Market in San Francisco, citing multiple violations. This incident highlights the challenges of AI management in the workplace.
Mercation Admin1 min - News
Alibaba to Sell Gaming Unit to Focus on AI Development
Alibaba will divest its gaming unit to focus on AI, aiming for $100 billion in revenue by 2031.
Mercation Admin1 min - Crypto
Bitcoin Stays Above $64,000 Amid Rising Yields and Oil Prices
Bitcoin remains above $64,000 despite rising yields and oil prices affecting risk appetite, showing resilience amid stock market declines.
Mercation Admin1 min - Crypto
Ethereum Foundation Warns of Potential Wallet Failures
The Ethereum Foundation has alerted users to potential issues with wallets due to the upcoming Glamsterdam update, urging developers to test their systems.
Mercation Admin1 min - News
Taiwan to Distribute 'AI Dividends' to Citizens
Taiwan's President Lai Ching-te announced a plan to give 10,000 TWD to each citizen, funded by a budget increase to share AI boom benefits.
Mercation Admin1 min - Crypto
Key Bitcoin Price Level Poses Liquidation Risks for Bulls
Bitcoin's price faces a critical liquidation risk at $57,000, with traders holding bullish positions potentially vulnerable as liquidity thins.
Mercation Admin4 min - Crypto
XRP Dips Below $1 Despite Adoption by Korean Bank for Ripple Payments
XRP has fallen below $1, marking it as the weakest major token despite Jeonbuk Bank's adoption of Ripple Payments for cross-border transactions.
Mercation Admin4 min