BYD is seeing a stabilization in its business as declines in domestic Chinese sales narrow and total vehicle sales grew in June and July. The company's overseas sales, particularly in Europe and Brazil, have grown enough to significantly impact its overall growth, offsetting weakness in China. Local production in these markets is expected to support sustainable expansion. Despite trading at a higher sales multiple, BYD's valuation remains supported by stronger revenue growth and comparable profitability to mature automakers.
Stacks (STX) surged over 18% in 24 hours, driven by its strong correlation with Bitcoin (BTC), which recently rose to $77,000. The altcoin's trading volume also increased by 145%, reflecting heightened market interest. Technical indicators suggest ST...
Ethereum surged past $2,430, its highest since mid-April, gaining 29% in a week as US spot ETFs absorbed $220 million on August 20, the largest daily inflow since October 2025. Large holders, or whales, showed mixed behavior by withdrawing over 54,00...
BNB's price climbed 3.37% to $648.68 after surpassing the $621.94 resistance level, supported by its trading above key moving averages. The rally was fueled by Microsoft Azure's new support for BNB Agent Studio, offering a $1,000 cloud credit pool to...
XRP surged to $1.31, rising 18% in 24 hours and over 31% for the week, driven by a technical pattern similar to 2020 and increased institutional demand for spot XRP ETFs. Despite this rally, XRP faces resistance between $1.20 and $1.35, with some ris...
South Korean financial firm Shinhan Asset Management has introduced a pilot tokenized fund on the Solana blockchain, denominated in Korean won and focused on ultra-short-term bonds for offshore investors. This project replicates BlackRock's successfu...
