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TLDRs;
Alibaba’s net income plunged 66% in Q4, even though revenue managed a modest 2% year-on-year gain.
Heavy spending on quick commerce and AI initiatives...
Russia is now offering preferential treatment for data centers involved in AI development, including reduced electricity rates, state funding, and tax breaks.
New legislation...
On-chain data shows the 365-day Bitcoin MVRV Ratio has recently been sitting deep inside the negative zone, implying long-term buyers are underwater.
Bitcoin MVRV...
Despite the remarkable Bitcoin recovery to $75K and resilience during the West Asia crisis, its mid-term outlook was still uncertain.Â
According to crypto options...