Global Crypto Market Lost $100 Billion in 24 Hrs: What’s next?

The global crypto market has just suffered a staggering $100 billion wipeout, sending shockwaves through investors and institutions alike.

Bitcoin slipped below the critical $90,000 mark, Ethereum dropped over 3%, and altcoins followed suit — raising urgent questions about whether this is a temporary shakeout or the start of a deeper downturn.

The crash in numbers

• Market cap decline: Total crypto market capitalization fell from $3.15 trillion to $3.05 trillion, erasing roughly $100 billion in value.
• Bitcoin breakdown: Bitcoin failed to hold the $94K–$95K range, plunging to $89,614.
• Ethereum and altcoins: Ethereum dropped 3.14% to $3,031, BNB fell to $884.76, XRP slid to $2.03, and Solana dropped nearly 3% to $132.81.
• Liquidations: In late November, over $2 billion in leveraged positions were liquidated within 24 hours, underscoring the fragility of sentiment.

Why it happened

• Leverage unwinding: Heavy margin trading triggered cascading liquidations once Bitcoin broke support.
• ETF outflows: Bitcoin ETFs saw $3.79 billion in redemptions last month, with BlackRock alone losing $2.47 billion.
• Extreme fear: The Crypto Fear & Greed Index plunged to 11, its lowest since the FTX collapse in 2022.
• Macro pressures: Global liquidity tightening and regulatory uncertainty continue to weigh on risk assets.

Recovery scenarios

Short-term bounce (relief rally)

• Oversold conditions: Extreme fear often tempts contrarian buyers.
• Support levels: If Bitcoin holds above $90K, a rebound toward $94K–$95K is possible.
• Catalysts: Short covering, easing macro fears, or slowing ETF outflows could spark a rally.

Prolonged downturn (bearish continuation)

• Institutional retreat: Persistent ETF outflows suggest big players are pulling back.
• Macro headwinds: Tight liquidity and looming regulation may keep risk appetite low.
• Risk scenario: A break below $88K could trigger another liquidation wave, dragging market cap toward $2.9 trillion.

The takeaway

This $100 billion wipeout highlights how fragile crypto’s bullish momentum really was.

With leveraged positions unwinding, ETF outflows accelerating, and fear at panic levels, the market stands at a crossroads.
If Bitcoin stabilizes above $90K, a relief rally could follow. But if it breaks lower, brace for a deeper correction.

The coming days will reveal whether this is a temporary shakeout or the start of a longer bearish phase — and all eyes are on institutional flows and regulatory signals to decide the market’s fate.

MAHE & DST Launch India’s First Self-Financed MIDAS HUB for Medical

Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University in collaboration with the Department of Science and Technology (DST), Government of India, launched the Medical Instruments, Devices and Allied Services (MIDAS) DST–MAHE HUB on Wednesday 5, 2025 at Manipal Campus, Karnataka. This is the first facility of its kind in a self-financed university.

Inaugurating the DST-MAHE HUB in the MAHE Manipal campus, Dr. Praveen Roy, Head of Scientific Divisions Technology, Translation, and Innovation (TTI) Division, Department of Science & Technology, Government of India, highlighted the critical importance of Translational innovation, which plays a critical role in strengthening India’s scientific ecosystem. He said, “We remain committed to supporting all activities of the MIDAS HUB. The DST–MAHE HUB is uniquely positioned, as MAHE’s multidisciplinary foundation enables seamless integration across diverse domains. This initiative represents a paradigm shift in our approach to research and innovation, and the Government of India will extend its full support to ensure its success.”

He also commended MAHE for its strong research ecosystem, which continues to advance impactful scientific progress for the society.

MIDAS DST–MAHE HUB Unveiled in MAHE Manipal

Dr. Praveen Roy, Scientist G, Department of Science & Technology, along with the Pro Chancellor and the Vice Chancellor of MAHE, releasing the MIDAS Annual Report during the inaugural event.

Addressing the occasion, Dr. H. S. Ballal, Pro Chancellor, MAHE, highlighted MAHE’s pivotal role in advancing collaborative, coordinated research and innovation. He emphasized, “the institution’s commitment to strengthening partnerships across academia, industry, and government, positioning MIDAS DST-MAHE HUB as a driving force for impactful scientific progress and societal benefit.”

Speaking at the event Lt. Gen. (Dr.) M. D. Venkatesh, VSM (Retd), Vice Chancellor, MAHE, expressively spoke about “the HUB’s pivotal role in nurturing high-impact research collaborations and cultivating future scientific leaders. He also appreciated the efforts put in by the team in establishing an excellent centre in the form of MIDAS HUB.”

The ceremony brought together distinguished leaders from academia, industry, and government. Delivering the welcome address Dr. G. Arun Maiya, Principal Coordinator of MIDAS HUB, presented an overview of HUB’s progress in medical device product development. Dr. Lazar Mathew, Senior Advisor, MIDAS HUB, unveiled the HUB logo and explained its philosophy, built around the theme “a project for a product.” The event was supported by MAHE’s key innovation and research entities, including the Directorate of Research, Manipal Universal Technology Business Incubator, Manipal GOK Bioincubator, Innovation Centre, and CAIF.

During the event, MAHE launched the Advanced Certificate Program in Medical Device Technology, Innovation and Leadership and released the MIDAS annual report. The HUB also introduced its industry–academia policy, service flyers, and signed multiple MoUs to foster long-term partnerships. Market-ready prototypes, including Laser Shoe, Mbilimeter, Armable Mini, WeCare, FluroAura, RevoCord, Wearable Electrolarynx, and Adrenaline Autoinjector—were showcased, reinforcing the HUB’s focus on impactful, deployable innovations.

The inauguration highlighted MAHE’s commitment to accelerating innovation in medical technology, strengthening industry–academia collaborations, and supporting translational research. MIDAS HUB aims to serve the entire West Coast innovation corridor, from Goa to Trivandrum, through partnerships with IIT Dharwad, IIT Palakkad, NITK Surathkal, Kannur University, Mahatma Gandhi University, BITS Goa, and leading industry players, including BPL, Philips, InBody, and Sparsh Technologies.

Infosys Merges Romanian Subsidiaries to Streamline European Operations

Infosys has announced the merger of its two wholly-owned Romanian subsidiaries—In-tech Engineering Services S.R.L Romania and ProIT S.R.L.RO Romania—effective December 5, 2025, as part of an internal restructuring initiative. The move is designed to streamline operations, consolidate the group structure, and optimize resource allocation across its European business units.

This merger decision was approved by the shareholders of the respective entities on December 5, 2025, as part of an internal restructuring initiative.

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Key details of the merger

• Subsidiaries involved:
  • In-tech Engineering Services S.R.L Romania (Infosys Romania)
  • ProIT S.R.L.RO Romania
• Nature of transaction:
  • No cash consideration is involved.
  • Approved by shareholders of both entities.
• Strategic rationale:
  • Simplify Infosys’s organizational structure.
  • Reduce administrative overhead.
  • Achieve operational synergies and better resource allocation.
• Timeline:
  • Shareholder approval granted on December 5, 2025.
  • Implementation expected to be completed in the coming months.

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Why this matters

• European footprint: Romania is a growing hub for IT and engineering services, and Infosys’s consolidation here signals a stronger focus on efficiency in its European operations.
• Operational benefits: By merging overlapping subsidiaries, Infosys can cut duplication in reporting, compliance, and management layers.
• Strategic positioning: This restructuring aligns with Infosys’s broader global strategy of rationalizing subsidiaries to remain agile in competitive markets.

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Risks & considerations

• Integration challenges: Merging teams, processes, and client contracts can create short-term disruptions.
• Regulatory compliance: Romanian corporate law and EU regulations require careful navigation during restructuring.
• Employee impact: While Infosys has not announced layoffs, consolidation often raises concerns about workforce redundancies.

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Big picture

This merger reflects a trend among global IT service providers to simplify subsidiary structures in Europe, where fragmented operations can increase costs. Infosys is following a playbook similar to other multinational firms that aim to balance local presence with centralized efficiency.

For Infosys, the Romanian merger is less about expansion and more about internal optimization—a move that could strengthen its ability to deliver services across Europe while maintaining leaner governance.

Accenture Invests in WEVO to Accelerate AI-Powered Customer-Led Growth

Accenture has announced a strategic investment in WEVO, an AI-powered customer research platform, to integrate its capabilities into Accenture Song’s GrowthOS. This move is designed to help businesses accelerate customer-led growth by validating behaviors and product experiences faster and more confidently.

WEVO is a Boston-based AI startup founded in 2017 by Nitzan Shaer (CEO) and Janet Muto. WEVO specializes in customer experience research and user feedback analytics. It helps businesses validate digital experiences quickly by combining artificial intelligence with human insights.

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Key highlights of the investment

• Investor: Accenture Ventures, the corporate venture arm of Accenture.
• Target company: WEVO, founded in 2017, based in Boston, specializing in AI-driven customer research.
• Integration: WEVO’s platform will be embedded into Accenture Song’s GrowthOS, a proprietary system that helps clients transform customer needs into scalable revenue.
• Purpose: To close the gap between idea generation (AI speed) and validation (human speed), enabling companies to test value propositions, product experiences, and campaigns in minutes rather than weeks.
• Challenge addressed: Rapidly changing customer expectations—three in four customers say they wish companies would respond faster to their needs.

Why this matters

• Customer-led growth: Businesses often struggle with long development cycles and expensive guesswork. WEVO’s AI simulations allow them to validate customer behaviors before launching products, reducing risk and accelerating time-to-market.
• Generative AI advantage: WEVO uses synthetic personas and real people to provide behavioral insights, helping brands refine digital experiences and marketing strategies.
• Accenture Song’s expansion: By adding WEVO, Accenture Song strengthens its portfolio of creative and research-driven businesses, which already includes firms like Unlimited (UK), GemSeek (Bulgaria), and Fiftyfive5 (Australia).

Strategic implications

• For clients: Faster product validation means companies can adapt to shifting customer expectations with agility.
• For Accenture: Enhances its position in the AI-powered customer experience and growth consulting market, aligning with its broader push into generative AI.
• For WEVO: Joining Accenture Ventures’ Project Spotlight gives WEVO access to Accenture’s global client base and domain expertise, accelerating its own growth trajectory.

Risks and considerations

• Integration complexity: Embedding WEVO’s platform into GrowthOS requires seamless alignment of AI models with client workflows.
• Data privacy: AI-driven customer research must comply with global data protection regulations (GDPR, CCPA, India’s DPDP Act).
• Market competition: Other AI-driven research platforms (e.g., Qualtrics, Medallia) are also innovating rapidly, so differentiation will be key.

This investment reflects a broader trend of consulting giants embedding AI-native startups into their platforms to stay ahead in customer experience innovation. For Accenture, it’s not just about acquiring technology—it’s about reshaping how businesses listen to and act on customer needs at scale.

Recently in this month, Accenture entered a strategic partnership with OpenAI, equipping tens of thousands of its professionals with ChatGPT Enterprise and launching programs to embed agentic AI systems into enterprise consulting, operations, and delivery.

Last year in March, Accenture announced a collaboration with Anthropic and AWS to help organizations in regulated industries (healthcare, banking, public sector) scale generative AI responsibly. Over 1,400 Accenture engineers were trained to fine‑tune Anthropic’s Claude models on AWS.

While Anthropic and OpenAI partnerships give Accenture access to foundational AI models, WEVO provides applied customer validation capabilities—bridging the gap between AI-generated ideas and market-tested execution.

Unlike pure research AI firms, WEVO is being embedded directly into Accenture Song’s GrowthOS, making it part of Accenture’s delivery engine for marketing and customer experience.

Accenture is building a multi-layered AI stack—from foundational models (Anthropic, OpenAI) to applied customer research (WEVO). By combining model providers with customer validation platforms, Accenture can promise not just AI-driven ideas but market-ready, customer-approved solutions.

AVPL International Joins UP Govt to Launch Drone Planet Suvidha Kendra Across Villages - Under CM Yuva Udhami scheme

AVPL International has partnered with the Government of Uttar Pradesh to launch Drone Planet Suvidha Kendra at the village level across the state, marking a significant expansion of its national mission to create “a drone entrepreneur in every village of India.”

The initiative is being implemented under the CM Yuva Udhami Yojana, through which selected candidates will receive training, a drone, and a structured business plan that they will submit as part of the scheme. This is expected to enable rural youth and women to start viable drone-based enterprises across agricultural services, agri-retail and digital advisory.

This onboarding by the Uttar Pradesh Government adds strong momentum to AVPL International’s rural expansion. The company is already operational in 16 states with 70 Centre of Excellences . With Uttar Pradesh joining the list, AVPL is set to empower thousands of rural entrepreneurs with drone technology, precision agriculture solutions, digital advisory services and sustainable income opportunities. On-ground setup of the new centres will begin soon.

Strengthening India’s Drone Sector Through Global Learning

AVPL International’s leadership has been actively engaging with global drone innovation hubs to strengthen India’s domestic ecosystem.

Co-founder and Chairman, Mr. Deep Sihag Sesai, is currently on a professional visit to Israel to explore advanced drone systems, agri-automation technologies and precision farming practices.

Earlier, Dr. Preet also participated in the Dubai Airshow and visited Romania. During these visits, the team interacted with leading manufacturers, technology innovators and drone experts, focusing on strengthening India’s after-sales support ecosystem, availability of spare parts, maintenance networks and specialised service capacity.

These international insights highlighted key gaps and future opportunities for India’s drone sector. AVPL International views global knowledge exchange as a powerful tool to build local capability and accelerate the creation of a reliable and future-ready drone ecosystem.

Building a Scalable Rural Model Across States

With active operations in Uttar Pradesh, AVPL International is emerging as a leading enabler of rural transformation through drones. The Drone Planet Suvidha Kendra model is designed to be replicated across more states and will offer:

• Drone spraying and precision farming services
• Certification and training for youth and women
• Digital agronomy and farm advisory
• Last-mile agri-retail and input support. 
• New income-generation pathways for rural entrepreneurs

These centres will help farmers adopt modern agricultural practices, improve productivity, reduce input usage and operate in safer, more sustainable ways.

“Our mission is clear. We want every village in India to have at least one drone entrepreneur who can transform local agriculture through technology. The partnership with the Uttar Pradesh Government takes us a step closer to that goal by enabling rural youth and women to participate in the country’s fast-growing drone ecosystem.”said Dr. Preet Sandhu, Co-founder and Managing Director, AVPL International. 

Driving India Toward a Future of Rural Drone Entrepreneurship

Through its expanding state partnerships, global collaborations and focus on indigenous innovation, AVPL International is positioning India to become a global leader in drone-enabled agricultural transformation.

The company believes that the future of Indian agriculture will be driven by precision technology and local entrepreneurship. With every new state it enters, AVPL International moves closer to creating a strong and inclusive rural drone economy that benefits farmers, youth and village-level service providers. 

About AVPL International:

AVPL International is a Gurugram-based leader in skill development, future-skills training, and indigenous drone technology. Since its inception in 2016, the company has partnered with national and state agencies to train over 1,00,000 youth across India under flagship government programs. AVPL operates DGCA-certified drone training academies, provides industry-aligned vocational education, and builds pathways for employment and entrepreneurship in emerging sectors.

Expanding its capabilities beyond training, AVPL manufactures DGCA-certified agricultural drones under its in-house R&D vertical and supports widespread field adoption through drone-as-a-service models. The company also develops skill and incubation hubs in collaboration with AICTE, state ITIs, polytechnics, and universities, promoting hands-on learning in drones, robotics, AI, agritech, and advanced technologies.

Across its training, manufacturing, incubation, and service initiatives, AVPL International works closely with government bodies, educational institutions, and industry partners to strengthen India’s future workforce and advance the nation’s Make in India and Aatmanirbhar Bharat goals.