News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Recovers from $58,000 as Derivatives Indicate Further Challenges Ahead
Bitcoin has rebounded from its recent low of $58,000, reaching $59,770, while ether continues to struggle and over $1 billion in futures positions were liquidated.
Mercation Admin5 min - News
ForkLog Lab Introduces New Standard for AI Communication
ForkLog Lab has launched a new machine-readable standard for AI communication, facilitating interactions between AI systems and public content.
Mercation Admin3 min - Stocks
Investors Anticipate Strategy's June 30 Ex-Dividend Date and STRC Dividend Rate Adjustment
Investors are closely monitoring Strategy's June 30 ex-dividend date and anticipated dividend rate reset for the STRC preferred stock.
Mercation Admin4 min - Crypto
Binance Suspends Services for EU Users After MiCA License Setback
Binance has announced it will suspend services for users in the EU after failing to secure a MiCA license before the deadline.
Mercation Admin3 min - News
BitGo Reduces Workforce by 15% Amid AI Transition
BitGo is reducing its workforce by nearly 15% as part of a strategic shift towards AI and enhanced security, according to CEO Mike Belshe.
Mercation Admin2 min - Crypto
Sharplink Receives Ether for the First Time in Eight Months
Sharplink received 5,000 ETH worth approximately $7.85 million, marking its first ether inflow in eight months, amid a significant paper loss.
Mercation Admin3 min - News
Anthropic Accuses Alibaba-Linked Operators of Distilling Claude
Anthropic has accused Alibaba-linked operators of conducting a large-scale distillation attack on its AI model, Claude, raising concerns about unauthorized access and competition.
Mercation Admin2 min - Crypto
SBI Holdings to Acquire Bitbank for $289 Million
SBI Holdings has announced its plan to acquire Bitbank for approximately $289 million, with the deal expected to finalize in October, pending regulatory approval.
Mercation Admin3 min - Crypto
Grant Cardone Plans to Continue Bitcoin Purchases Using Real Estate Income
Grant Cardone plans to utilize cash flows from real estate investments to keep purchasing bitcoin, viewing recent price declines as a buying opportunity.
Mercation Admin4 min - News
Pentagon Expands AI Role in Military Strategy
The Pentagon has updated its doctrine on AI in military strategy, emphasizing human oversight and the potential for fully autonomous systems.
Mercation Admin2 min - News
What Are Agentic Payments?
Agentic payments are transactions executed by AI systems, allowing for autonomous financial operations without human intervention.
Mercation Admin6 min - Crypto
Strategy's $13 Billion Bitcoin Loss Exceeds Market Caps of Hundreds of Tokens
Strategy's unrealized bitcoin losses exceed $13 billion, overshadowing the market caps of many prominent tokens and raising concerns about risk concentration in crypto.
Mercation Admin4 min