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Industry

Will China dominate the global electric vehicle market

An analysis said Chinese automakers could increase their influence in the global market based on electric vehicle competitiveness, expanded overseas production and shifts in market share in China. CleanTechnica said this trend could lead to a reshaping of the global auto industry. It said Chinese companies are ahead of rivals in technology and sales as the industry moves toward EVs, while Western automakers face profitability pressures and shrinking positions in China.

Crypto

Dogecoin futures open interest up 5 percent, outperforms bitcoin, ethereum and xrp

Dogecoin showed the strongest momentum in the cryptocurrency futures market, beating bitcoin, ethereum and XRP. Blockchain media outlet BeinCrypto reported that Dogecoin futures open interest rose 5.09 percent over the past 24 hours. Open interest stood at $1.79 billion and daily futures trading volume reached $3.99 billion, up 81.62 percent. By contrast, open interest fell for bitcoin and XRP and declined for Solana, while prices for major coins slipped.

Crypto

Solana Foundation introduces stablecoins for Google Cloud API payments

The Solana Foundation unveiled Pay.sh, a service for AI agents that allows payments for key Google Cloud APIs using stablecoins. The service is designed so on-chain AI agents can handle everything from API discovery to payment without human-led account management procedures. Pay.sh is presented as an orchestration layer and marketplace connecting agents and APIs, and it supports Gemini, BigQuery and Vertex AI. Users can fund accounts with stablecoins or credit cards.