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Crypto

Shiba Inu slides after 37 percent two-day surge as whale transactions jump

Shiba Inu (SHIB) fell after jumping 37 percent over two days, as retail investors increased momentum buying while large-holder transactions also surged, U.Today reported. Santiment data showed social media attention and social dominance rose to 0.084 percent, the highest since April, but retail interest peaked as the rise began to slow. The network logged 52 transactions of $100,000 or more in 24 hours, the most since late March. Concentrated holdings include burn and exchange wallets.

Industry

Mitsubishi enters humanoid race, targets output of 1,000 units a month by 2027

Mitsubishi is joining forces with Japanese robot startup Highlanders to mass-produce humanoid robots, aiming to secure capacity of 1,000 units a month by the end of 2027 and deploy them on its own factory production lines. The companies have signed an MOU to jointly develop robots and build a mass-production system, with Mitsubishi’s Kyoto plant serving as the production base. The project is driven by worsening labour shortages, the company said.

Crypto

Dogecoin short-term golden cross spotted, rebound to $0.16 possible

Dogecoin has formed a short-term golden cross on an hourly basis, signaling a near-term rebound. U.Today reported that Dogecoin’s 50-day moving average crossed above its 200-day moving average. After a weekend rally, it was last down 0.93 percent over 24 hours at about $0.072. Analyst Ali cited buy signals across multiple timeframes and pointed to $0.056 as key support, with $0.16 as a potential rebound level.