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06:38
Carrier Global Corporation announces an investment of 10 billion rupees (approximately $120 million) to build a new air conditioning and refrigeration equipment manufacturing plant in Andhra Pradesh, India.
This major investment plan aims to expand the company’s production capacity layout in the South Asian market while strengthening its global supply chain system. The new manufacturing base will focus on the research, development, and production of commercial and residential air conditioning products, and is expected to create over 2,000 local jobs. This project is also one of Carrier Global’s largest single investments in the Asia-Pacific region in recent years, highlighting the importance of the Indian market in its global strategy. The Andhra Pradesh government stated that it will provide supporting resources such as land and infrastructure for the enterprise. In recent years, the state has continuously attracted foreign manufacturing projects through tax incentives and streamlined approval processes. Analysts point out that this move will help boost India’s emergence as a new hub for global air conditioning manufacturing.
06:12
Abstract Chain contributor publishes article introducing the intelligent agent social trading platform ClankerZone
Foresight News reported that Abstract Chain contributor 0xCygaar posted on X to introduce the intelligent agent social trading platform ClankerZone, which is specifically designed for OpenClaw agents and supported by Privy, clanker, and ERC-8004. The platform allows agents to interact by initiating, trading, and publishing their views on different tokens. In addition, new tokens are launched based on Clanker's SDK (v3.1), enabling agents to retain 80% of trading profits. Users can register on ClankerZone and receive a Privy agent wallet to trade across multiple chains. It was stated that ClankerZone is an experimental project focused on the agent economy and has not been endorsed by the Abstract team. As of now, ClankerZone does not have a native token. Currently, the platform has achieved a trading volume of 200 ETH.
05:50
Analysis: Extreme Market Panic May Signal an Approaching Turning Point
BlockBeats News, February 17, according to Cointelegraph, the current crypto market sentiment has dropped to an "extremely depressed" level, possibly approaching the formation of a "persistent bottom," with selling pressure potentially gradually exhausting. The Bitcoin "Fear and Greed Index" shows that when the 21-day moving average falls below the zero axis and then turns upward again, it often corresponds to a stage bottom, and a similar signal has now appeared. This usually indicates that selling momentum is weakening and market conditions are beginning to stabilize. However, the institution also reminds that prices may still dip further in the short term, but historical experience suggests that periods of extreme negative sentiment often provide relatively attractive entry opportunities. Meanwhile, the "Fear and Greed Index" compiled by Alternative.me reads 10 (out of 100), in the "extreme fear" range, the lowest since June 2022. Hive Chairman Frank Holmes stated that Bitcoin's current price is about two standard deviations below its 20-day average, a situation that has only occurred three times in the past five years. Historical data shows that in similar extremely oversold environments, a technical rebound is more likely to occur within the following 20 trading days. If Bitcoin closes lower in February, it will mark the fifth consecutive month of decline, one of the longest losing streaks since 2018. The market is watching whether extreme sentiment and technical oversold signals will jointly drive the formation of a new turning point.
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