Crypto Bull Run Not Over Despite Market Washout

Lekker Capital CIO Quinn Thompson argues that the recent crypto market liquidation event represents a rare positioning washout that has left consensus sentiment misaligned with reality. He contends that getting bearish after such deep deleveraging events historically proves to be poor timing. Thompson sees current conditions as setting up for strong forward returns in Bitcoin and Ethereum, combining the largest positioning rinse in crypto history with what he characterizes as a ‘macro goldilocks’ economic environment.

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PM Modi Signals Further GST Cuts to Ease Tax Burden

Prime Minister Narendra Modi has announced a continued path for GST reforms, signaling a future of decreasing tax burdens for citizens as India’s economy expands. Speaking at the Uttar Pradesh International Trade Show 2025, the Prime Minister underscored the nation’s political stability and policy predictability as foundational pillars enabling these progressive changes. The government’s reform agenda is already translating into substantial financial relief for individuals and businesses alike.

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PM Modi Launches Frontier Highway, Hydro Projects in Arunachal

Prime Minister Narendra Modi’s upcoming visit to Arunachal Pradesh on September 22 marks a strategic push to strengthen India’s border infrastructure, with the launch of the 1,830-km Frontier Highway, two hydroelectric projects, and the second phase of the Vibrant Village Programme. These initiatives, backed by significant funding, are poised to enhance connectivity, energy security, and national defense in a region increasingly sensitive to China’s activities on the Brahmaputra River.

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Xi’s Diplomatic Charm Offensive Signals Shift in Global Power

During a summit in Tianjin, President Xi Jinping engaged in a carefully orchestrated display of diplomatic unity with Vladimir Putin and Narendra Modi, two key partners in countering US global dominance. The scene—featuring casual laughter and even hand-holding between Xi and Modi—contrasted sharply with recent Sino-Indian tensions, emphasizing Beijing’s use of soft power and economic incentives to strengthen alliances. Analysts, including Wendy Cutler of the Asia Society Policy Institute, interpret this as a message that China cannot be easily isolated or pressured by the US, reflecting its confidence in leveraging economic ties and strategic partnerships to reshape global dynamics.

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Brazil Seeks Stronger Trade Ties with India

Brazilian President Luiz Inacio Lula da Silva is looking to enhance trade relations with India, signaling a push for deeper economic collaboration between the two nations. As Indian Prime Minister Narendra Modi prepares for a visit to Brasilia, discussions are expected to focus on expanding bilateral trade and investment opportunities. Both countries, with their large economies and growing global influence, could benefit from stronger economic ties in sectors like agriculture, technology, and energy.

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Hackers Hijack UK Politician’s X Account to Push Fake Crypto

Cybercriminals hijacked British politician Lucy Powell’s verified X account to promote a fake cryptocurrency, ‘House of Commons Coin (HCC),’ falsely claiming it was a community-driven digital asset. The breach, swiftly addressed by Powell’s office, underscores a rising pattern of hackers leveraging trusted public figures to legitimize scam tokens. Similar incidents have occurred globally, including in Argentina and the Philippines, where politicians’ accounts were compromised to push dubious crypto projects. These attacks exploit the credibility of officials to manipulate investors, often leading to financial losses. The trend echoes past high-profile breaches, such as the 2020 Twitter hack involving Barack Obama and Elon Musk, where fraudulent Bitcoin doubling schemes were promoted.

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Microsoft to Invest 3 Billion Dollars in AI and Cloud in India

Microsoft plans to invest $3 billion in India over the next two years to enhance its cloud computing and AI capabilities, marking its largest expansion in the country. This initiative includes training 500,000 individuals in AI and establishing new data centers, with a goal of training 10 million people by 2030. Strategic partnerships with various organizations will further support AI innovation and cloud services across India.

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