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FPT Signs Platinum Partnership with Clearlake Capital to Accelerate Digital Transformation in Private Equity Sector

HANOI, Vietnam–(BUSINESS WIRE)– #ClearlakeCapital–FPT, a global leader in digital transformation, announced the signing of a Platinum Partnership Agreement with Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies. This strategic alliance marks a bold step in FPT’s expansion into the private sector, to deliver transformative technology solutions across ind

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Big crypto week ahead? What to watch for in the ‘Uptober’ homestretch

The post Big crypto week ahead? What to watch for in the ‘Uptober’ homestretch appeared com. This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. As we detail what to watch on this week’s crypto/macro front, let’s first look back to some telling economic data. Friday’s CPI report showed overall and core inflation increased 3% over the 12 months ending in September. This impacted risk assets, with S&P 500 futures rising to a new record and bitcoin reclaiming the $111,000 level. BTC continued to climb early Monday, hovering 6% higher than a week ago by midday. The “softer-than-expected” CPI print “reinforced the Fed’s dovish pivot,” according to 21apo Bank’s Gadi Chait said in a statement. BTC’s return for October was barely in the green just after Noon ET. If it holds throughout the week, the “Uptober” narrative would be satisfied for a seventh-straight year: The latest BTC bounce came two weeks after a historic wave of liquidations rocked crypto markets. This event “dramatically reduced excess positioning across major centralized venues,” Hernandez noted. “With positioning cleaned up and macro easing now confirmed rather than speculated, the foundation for upside looks materially stronger,” he added. Not everyone is bullish about BTC’s near-term outlook. Ledn CIO John Glover noted Friday that, according to his Elliott Wave.

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Western Union is piloting a stablecoin-based settlement system for global remittances

Western Union is testing stablecoin settlements for faster remittances. The GENIUS Act in the United States has boosted confidence in blockchain-based payment systems. The company plans on/off-ramp partnerships to link crypto and fiat. Global payments leader Western Union is preparing to launch a pilot project that will test a stablecoin-based settlement system aimed at transforming [.] The post Western Union is piloting a stablecoin-based settlement system for global remittances appeared first.

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Amazon Doubles Down on Netherlands with $1.6 Billion Investment Plan

TLDR Amazon will invest €1. 4 billion ($1. 6 billion) in the Netherlands over the next three years from 2025 to 2027 The investment represents Amazon’s largest financial commitment to the country since launching there in 2020 Funds will support both Amazon Web Services (AWS) and retail operations, including infrastructure and technology improvements Over 4, 500 Dutch small [.] The post Amazon Doubles Down on Netherlands with $1. 6 Billion Investment Plan appeared first on CoinCentral.