ETHGas's native token GWEI has surged from below $0.10 in June to over $0.20, marking a 750% rise since February lows and making it one of the top-performing altcoins despite a weak crypto market. The recent rally started from a key Fibonacci support zone around $0.10, with potential to climb further to $0.25 if it breaks above a multi-month resistance trendline. However, technical indicators like the RSI suggest possible buyer exhaustion, which could lead to a price pullback to support levels at $0.16 or $0.10. The token's price movement correlates with Ethereum gas demand, which has recently tapered off, possibly signaling a cooling of GWEI's rally.
Bitcoin traded steadily around $64,399 with a modest 0.97% gain over the weekend, while Ethereum remained flat near $1,675. The crypto community is watching Bitcoin dominance at 56.6%, interpreting this stability as a sign of consolidation rather tha...
USDC remains the primary stablecoin for AI agent payments due to its broad liquidity and integration across major chains like Base and Solana. Ripple's RLUSD is emerging as a competitive alternative, especially on the XRPL network, supported by the X...
The crypto market is experiencing a generally positive session with the CoinMarketCap 20 Index up nearly 1% for the day and 3.5% over the week, despite being down over 30% year-to-date. Bitcoin trades around $64,278, showing modest daily gains but re...
XRP exchange-traded funds (ETFs) have attracted $10.68 million in net inflows for the week ending June 12, marking the fifth consecutive week they have outpaced Bitcoin and Ethereum ETFs. Despite bearish sentiment in the broader crypto market, XRP's ...
Rob Hadick of Dragonfly predicts the stablecoin market will evolve beyond the current USDT and USDC dominance due to increasing competition from banks, fintech companies, and new crypto issuers. This competition will focus on payments, compliance, an...
