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Crypto grinding out a bottom as fundamentals diverge from price, Bitwise says

Bitwise contends that the crypto industry’s obsession with timing a market bottom overlooks a historical pattern where peak investor anxiety often signals the start of a recovery. Having navigated the 2018 and 2022 winters, the crypto asset manager suggested the current “anxious feeling” in the market is a trailing indicator of historical recovery zones. Bitwise…

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PM Modi, Malaysia PM Anwar Ibrahim hold talks on defence, economy and ASEAN – top developments | India News

NEW DELHI: Prime Minister Narendra Modi received a ceremonial welcome and Guard of Honour at the Perdana Putra building in Putrajaya on Sunday, marking a key moment in his two-day official visit to Malaysia. The reception followed his arrival in Kuala Lumpur a day earlier, when Malaysian Prime Minister Anwar Ibrahim personally welcomed him at…

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‘Right time to step aside’: Days after mass layoffs, Washington Post CEO Will Lewis resigns

Will Lewis, publisher and CEO of The Washington Post (AP file photo) The Washington Post’s publisher and CEO Will Lewis resigned on Saturday, just days after laying off 300 journalists. His sudden departure comes amid strong criticism from staff over his handling of the newspaper’s financial troubles and recent mass layoffs. Jeff D’Onofrio, the company’s…

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China expands crypto crackdown to stablecoins, asset tokenization

Chinese regulators have broadened their crackdown on crypto activities, imposing strict oversight on tokenization and stablecoin issuance in a Friday notice. “Recently, influenced by various factors, speculative activities related to virtual currencies and the tokenization of real-world assets have occurred frequently, posing new challenges and situations for risk prevention and control,” said the notice, issued…

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India, US signal intent to counter China’s economic dominance

NEW DELHI: Among the key terms of the India-US joint statement is both sides’ agreeing to strengthen economic security alignment to enhance supply chain resilience and innovation through complementary actions, addressing “non-market policies of third parties, as well as cooperation on inbound and outbound investment reviews and export controls”. The tacit “non-market” reference to China…

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