VELVET token fell 12% due to heavy selling, causing $8.76 million to exit the perpetual futures market, including $688,940 in liquidations. Despite the drop, fractal chart patterns suggest about two weeks of price consolidation before a potential rally or further decline. Technical indicators lean toward a bullish breakout, supported by rising trading volume and a majority of traders (74%) remaining bullish, even as overall conviction cools slightly. Holder numbers also hit a new high, indicating growing long-term interest rather than just short-term speculation.
Glassnode's latest on-chain analysis reveals that despite recent weak price movements in Bitcoin, patient buyers are steadily accumulating the cryptocurrency. This suggests underlying confidence in Bitcoin's long-term value, even as market prices flu...
Pump.fun, a memecoin launchpad on Solana, has become the leading decentralized exchange by 24-hour trading volume, reaching about $1.77 billion and surpassing major platforms like Uniswap and PancakeSwap. Launched in early 2024, its success accelerat...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one residential energy storage system enhanced by AI, designed for full home energy autonomy. This system integrates five key components including a photovoltaic inverter, battery, powe...
Lin Hui, President of the Shenzhen Chamber of Commerce, led a delegation to Munich on June 23 to attend The smarter E Europe, a leading European new energy trade fair. The visit focused on strengthening cooperation between Shenzhen and Europe in phot...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one home energy storage system designed for full energy independence. The system integrates five key components—including PV inverter, battery, and energy management—into a compact unit...
